Even Liberal Panetta Defends CIA Against Obama-Holder

Even a liberal like Leon Panetta defends the CIA against the pro-terrorist "investigation" of Obama and Holder. In case you don't recall, Panetta, a former Democrat Congressman from California, served first as Clinton's budget director and then as Clinton's chief of staff. That even a Clintonite like Panetta would defend the CIA shows the anti-American leftist depths to which Obama and Holder have sunk.

http://www.nytimes.com/2009/08/28/us/politics/28intel.html?pagewanted=2&_r=1&th&emc=th

Obama's Doctor Death

While the liberal media attacked Sarah Palin for referring to ObamaCare's planning board as a death board, there's little doubt that Obama's Doctor Death, Ezekiel Emanuel, advocates "saving money" under socialist health care by removing care from the elderly, letting them die.

http://online.wsj.com/article/SB10001424052970203706604574374463280098676.html?mod=djemEditorialPage

Obama Targets Medicare Advantage

It might seem like in an unlimited democracy majorities would tax minorities to subsidize benefits for themselves, but in practice it's difficult for a majority to impose large enough taxes on the minority to get very large benefits per person. So in practice majorities usually end up taxing themselves to subsidize themselves and then whining about the taxes while trying to keep increasing the benefits. It's sort of like transfusing blood from your right arm to your left arm and then whining about the needles.

Rural voters, for instance, agitated heavily for a resumption of wartime farm price support subsidies after World War I, but as they represented a majority of the population, they failed miserably in the 1920s. Only after farmers had fallen into the minority could they get benefits, and only when they'd become a tiny minority could they get really GOOD benefits from the rest of us.

Currently the federal government subsidizes health care for two groups of minorities--the poor (with Medicaid), and the elderly (with Medicare). Only by taxing everyone else can the government pay the medical subsidies for the poor and elderly. If government is going to subsidize "universal" care--i.e. subsidize everyone's health care--it's got to get the money from somewhere. Medicare dwarfs Medicaid, so if Obama really were able to seize control of our health care, to pay for it he'd have to cut Medicare subsidies. As the following piece indicates, although he's currently denying he'd cut Medicare, he's admitted it publicly just two weeks ago.

http://online.wsj.com/article/SB10001424052970203706604574374584177632694.html?mod=djemEditorialPage

Obama Versus the CIA

Even the career (overwhelmingly Democrat) prosecutors at the Justice Department believe that the CIA acted legally in its interrogations of Muslim terrorists, acting quickly to expose and halt the few random abuses that the liberal media have tried to pretend characterized the CIA as a whole. Holder's attack on the CIA is one part political persecution, as many liberals have long hated the CIA and particularly hated W for mentioning Jesus as his favorite political philosopher, and one part assistance to Muslim terrorists, with whom Obama sympathizes and for whom Obama first raised private money and then as president funded with taxpayer dollars. Instead of interfering with the CIA's courageous efforts to protect Americans from mass-murdering Muslim monsters, maybe the Justice Department should look into Holder's pardon of Clinton crony Marc Rich and Obama's fundraising for the PLO and tax subsidies for Hamas.

http://online.wsj.com/article/SB10001424052970203706604574372741490792758.html?mod=djemEditorialPage

Has Ben Bernanke learned his lesson?

I'd thought that if there were any lesson that Federal Reserve policy makers had learned from the stagflation the Fed caused during the 1970s (weak growth in GDP coupled with high unemployment and high inflation) it's that the Fed can'...t fool people into creating real economic growth over the long term by creating an excessive growth rate in the money supply. As the monetary bubbles caused by Greenspan and Bernnanke this decade show, however, neither one seems to have learned the lesson. I'm not as optimistic as the Wall Street Journal editors that somehow Bernanke has learned his lesson between 2007 and now.

http://online.wsj.com/article/SB10001424052970203706604574372384193773524.html?mod=djemEditorialPage

CIA Tactics Save American Lives

Between 9/11 and the end of the Bush presidency, the liberal media reported on at least three attempts by mass-murdering Muslim monsters to murder Americans in America. In all three cases, and in many, many more than the liberal media have not reported, the brave and resourceful men and women at the CIA, in concert with British MI6 and Israeli Mossad stopped the Muslim terrorists cold, without loss of American lives. CIA agents risk their lives in a daily war with Muslim terrorists while arrogant, know-nothing liberals like John Edwards spit on them, and pro-terrorist miscreants like Obama and Holder fund the terrorists ($58 million for Hamas in the "stimulus" bill alone) and now attack the CIA defenders of America themselves. Nobody should be surprised that when Holder said he wouldn't attack the CIA for defending American that he was lying.


http://www.newsmax.com/insidecover/cia_interrogations_cheney/2009/08/25/251977.html?s=al&promo_code=8613-1

Embracing Bushonomics, Obama Re-appoints Bernanke

The failed Bush-Obama Keynesian inflationary policies continue. Greenspan actually started the mess by creating too much money which helped by Fannie Mae and Freddie Mac ended up going mostly into real estate, where it gave people the erroneous impression that it represented more wealth. If the new money had pushed up consumer prices instead of real estate prices, everyone would have recognized it for the inflation that it was. Bernanke tried to stop the inevitable bust that came from Greenspan's inflationary bubble--by creating another inflationary bubble. So instead of just suffering a recession we suffered recession AND inflation, with food and especially gasoline prices spiking sharply in 2008. The spike in fuel prices savaged both the auto makers and the airlines, ensuring an even deeper recession. There's no surprise here that Obama wants to continue these failed policies, as the worse he makes things, the more he thinks he can scare Americans into accepting more government control.

http://www.cato-at-liberty.org/2009/08/25/embracing-bushonomics-obama-re-appoints-bernanke/