The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

It’s Only Lying If You Subscribe To Some Notion Of Truth

by Smitty Rand Simberg: Joe Biden has a bumper-sticker phrase to justify reelecting the president: “Bin Laden is dead, and GM is alive.” Some, such as former Michigan governor Jennifer Granholm, doubled down on the demagoguery during the Democratic National Convention, declaring that Barack Obama saved not just General Motors, but the auto industry itself. […]

Paul Ryan in Roanoke, Virginia: ‘This is President Obama’s Imaginary Recovery’

“There’s this guy I’ve known for a number of years — I am going to be talking to him in mid-October — his name is Joe Biden. You might have heard of him. He just said, that the middle class is coming back. We got 23 million people out of work, struggling to find work […]

Obamanomics: Good News and Bad News

You’ll probably want the bad news first: The unemployment rate rose to 8.3 percent in July, a number in which the New York Times desperately seeks to find good news for Obama, which would actually be bad news for everybody else, because if the New York Times deceives people into thinking Obama’s policies aren’t a […]

Obama Adviser on Solyndra: ‘Ugh’

Congressional investigators got hold of some e-mails between Obama administration officials about the Solyndra deal, and White House adviser Stephanie Cutter’s one-word summary — “Ugh” — gets the headline treatment from Zeke Miller at Buzzfeed. Y’know what I’m noticing about that e-mail, though? It was CC’d to President Obama’s campaign strategist David Plouffe. Kinda interesting. Anyway, […]

Tax Cuts Are Not ‘Spending’

Another reminder that they don’t teach economics at Harvard Law: “Republicans in Congress and their nominee for President believe that the best way to create prosperity in America is to let it trickle down from the top,” said Obama. “They believe that if our country spends trillions more on tax cuts for the wealthy, we’ll […]

‘Abysmal Failure’

That’s how the 2008 TARP bailout is described by Neal Barofsky, the former special inspector general (“SIGTARP”) who was responsible for investigating how the funds were spent. Did you know, for example, that the Treasury Department still owns 61% of the “too-big-to-fail” insurance giant AIG, and that bailout recipients still owe taxpayers more than $100 […]

Spain’s Woes Fuel U.S. Stock Slide

After opening down more than 200 points today, the Dow Jones Industrial Average has now stabilized at around 12,700 — about 130 points down — as of 1 p.m. Eastern. The Dow has lost more than 500 points since its May peak of 13,279, and the ongoing European debt crisis is to blame: Fresh crises […]

‘You Didn’t Lose Your Job. Somebody Else Made That Happen.’

And by “somebody else,” I mean, Barack Hussein Obama: U.S. jobless claims jumped 34,000 to 386,000 last week, the government reported Thursday, reflecting typical summertime fluctuations in auto-industry employment. Applications for unemployment benefits are now back to somewhat elevated levels after falling two weeks ago to a four-year low, suggesting the labor market remains sluggish. […]

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