Why Obamanomics Will Not Improve the Economy

American Thinker | by Monty Pelerin | Nov. 23, 2009

The economic programs and policies currently in place are truly astounding. I don’t think I have ever seen a more harmful economic environment for the country. While some of these programs started with Bush, the Obama administration has advanced them to insane levels. Logic, economics, common sense, and history must be defied to believe a recovery is possible in this environment. The nation’s standard of living will be substantially lowered without prompt changes in policy. [Read more…]

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Entrepreneurs Go on Strike

American Thinker | by C. Edmund Wright | Nov. 20, 2009

Can Barney Frank dunk on Lebron? No, he cannot. Nor can anyone else in Washington. Nor can they catch passes from Ben Rothlisberger in the Super Bowl or strike out Derek Jeter in the World Series. They are not equipped to do so. So what?

This ridiculous image speaks to the business malaise infecting the economy since Obama took office. The point is that politicians are equally ill-equipped to run the auto industry or the health industry or the lending industry or the insurance industry — and their determination to do so is sucking all the dynamism from the entrepreneurial class in this country. [Read more…]

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Miranda Rights for Terrorists, New Obama Policy?

American Thinker | by Rick Moran | Nov. 19, 2009

Does Osama bin Laden need to be read his Miranda rights if we capture him? The question put to Attorney General Eric Holder (who was appointed by President Obama) by Lindsey Graham got this response:

Again I’m not — that all depends. I mean, the notion that we —

Such clarity of thought is about par for the course in the Obama administration. [Read more…]

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Health ‘Reform’ Gets a Failing Grade

Flier

Wall Street Journal | by Jeffrey S. Flier | Nov. 17, 2009

As the dean of Harvard Medical School I am frequently asked to comment on the health-reform debate. I’d give it a failing grade.

Instead of forthrightly dealing with the fundamental problems, discussion is dominated by rival factions struggling to enact or defeat President Barack Obama’s agenda. The rhetoric on both sides is exaggerated and often deceptive. Those of us for whom the central issue is health—not politics—have been left in the lurch. And as controversy heads toward a conclusion in Washington, it appears that the people who favor the legislation are engaged in collective denial. [Read more…]

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Obama Criticizes Himself, Warns on High Deficits

As if things could not possibly get more weird and delusional, President Obama now criticizes the very high government deficits he himself supported, promoted, and helped create. I don’t think the word “pathological” is sufficient to describe this man. We need to invent a new term.

Reuters | Nov. 18, 2009

BEIJING, Nov 18 (Reuters) – President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession. [Read more…]

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A Lesson in Biofuels from Tennessee

American Thinker | by Jeffrey Folks | Nov. 11, 2009

In 2007, to great fanfare and amid ever-greater expectations, a large-scale demonstration project was initiated to turn switchgrass into biofuel. For an investment of $70 million, the taxpayers of the state of Tennessee were promised a lucrative new industry that would benefit farmers and create thousands of other “green jobs.” The project, which was expected to produce five million gallons of biofuel from switchgrass within two years, would soon be fiscally self-sustaining and afford a “significant return” on investment. As the largest switchgrass demonstration project in the country, it was to have been the foundation for a whole new industry. [Read more…]

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Religious Extremism or Traditional Values?

American Thinker | by Bob Weir | Nov. 8, 2009

When I see the Obama Administration trying to force their version of health care on us, trying to shove Cap and Trade down our throats, and telling us that we can have everything we want without any tax increases, it sounds like the irresponsible parent telling the children they can do what they please without fear of consequences.

Of course, the natural result of such liberalism is a bunch of spoiled brats with an entitlement mentality. Sadly, that’s what too many Americans have been conditioned for during the past thirty to forty years. [Read more…]

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U.S. Knew of Suspect’s Tie to Radical Cleric

The New York Times | by David Johnston and Scott Shane | Nov. 9, 2009

Intelligence agencies intercepted communications last year and this year between the military psychiatrist accused of shooting to death 13 people at Fort Hood, Tex., and a radical cleric in Yemen known for his incendiary anti-American teachings. [Read more…]

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