A Bipartisan Mugging
Chevron Announces Oil Discovery
Jane Van Ryan from the API just sent me an email:
Hello, DA,
I just received a news release from Chevron, and I thought you might be interested in it. It states that Chevron and its partners have made a major discovery in the deepwater of the Gulf of Mexico. Here’s a link to the company’s release: http://www.chevron.com/news/
This is just one more reason to open more areas of the Outer Continental Shelf to energy exploration.
Best,
Jane
Actual Marxist Indoctrination Video By a Professor
I wrote over a year ago about the Media Education Foundation, an extreme Leftist organization that makes videos to be show in thousands of classrooms across America. Now, the MEF has created a video, "Capitalism Hits the Fan: A Lecture on the Economic Meltdown." It is being shown in classrooms, without a rebuttal, as we speak.
The man in the video is Professor Richard Wolff. Just read his biography:
Richard Wolff has been a professor of economics at the University of Massachusetts since 1981. Dr. Wolff's major interests include the critical comparison of alternative economic theories (neoclassical, Keynesian, and Marxian), the application of advanced class analysis to contemporary global capitalism, and new developments in Marxian economics. He is a member of the editorial board of several academic journals including Rethinking Marxism.
As you will see in the second video below, he admits to being a Marxist / Socialist.
What makes me so angry is that this Professor supports an idea that killed 100 million people from 1900-1989. Yet, his demagoguery is taught in classrooms across America. Just look at some of MEF's other Leftist works force fed to our next generation.
Below is a trailer for the actual video shown in the classroom. The second video shows an identical lecture to the full video. As you will see from the video, this man's entire argument for socialism is based on the premise that real wages have declined after 1970. Therefore, we must enact radical change.
Well, it turns out that, that is entirely false. Real household wages have increased by only 8% since 1970. But, Real INDIVIDUAL wages have increased by 51% from 1969-1996. The reason is because household sizes have decreased since 1970. Yet, demagogues site the household statistic, not the individual statistic. (To learn more about these statistical tricks, read Thomas Sowell's, Economic Facts and Fallacies).
When you are done watching these videos, call your undergrad school where you attended or your children presently attend. Ask to be connected to the Communications, Sociology or Psychology Department. Then say you love the Media Education Foundation and are curious which Media Education Foundation videos are being shown to students. You're going to be very upset by the answer.
Does Barack Obama Really Believe What He Says?
A liar is someone who knows the truth, but makes a false statement knowing it not to be true. Conversely, someone is not a liar if he makes a false statement, believing it to be true (a mistake). These are very important distinctions.
Well, Barack Obama just wrote a Washington Post editorial in favor of the massive stimulus package that will bankrupt our Country. Honestly, I do not know if Barack Obama is a blatant liar, or does not have the slightest clue what he is talking about.
In Barack Obama's most recent editorial, he said the following:
Because each day we wait to begin the work of turning our economy around, more people lose their jobs, their savings and their homes. And if nothing is done, this recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse.
First, the government "doing nothing" actually defers to the private sector to lift themselves out of this recession. It is a false choice to assert that not passing the stimulus package is nothing; it is simply relying on the American people over politicians.
Second, the argument that we may not be able to reverse the recession is the single most absurd statement I've heard in a very long time, even after considering that Nancy Pelosi thinks we can lose 500 million jobs a month with a population of less that 400 million. There is simply no truth to Obama's statement.
When prices plummet in a recession, eventually someone decides to buy. Free market capitalist countries always recover eventually for that reason. What can stall a recovery, however, is the government getting in the way, preventing people from knowing the best actions to take. That is what is taking place at this moment.
Barack Obama is literally trying to scare the American people into bankrupting themselves, in the same way that Al Gore claims that we are all dead in ten years unless we change our light bulbs. The question is: Is Obama a liar?
To be honest, I don't really know.
Huffington Post Quotes Me?
Quotes And Review Of Doug Feith's "War and Decision"
I didn't necessarily agree with the Iraq War, but I found this an interesting read.
Douglas Feith's book, "War and Decision: Inside the Pentagon at the Dawn of the War on Terrorism," has now been released in paperback.
In honor of that, John Hawkins has written a review of the book and has a large selection of quotes from it,
RWN's Favorite Quotes From Douglas Feith's "War and Decision
Douglas Feith's "War and Decision:" One Of The Most Important Books Of The Last Decade
Read the review and you will find responses to important questions like....
"Why did Saddam pretend to have WMD stockpiles when he really didn't" and "So, after we took Iraq, why did the reconstruction turn out to be so costly in blood and treasure?"
Also, find out which administration official Hawkins said Feith portrayed like so, " an arrogant, passive aggressive, disloyal bureaucrat who never said that he opposed going to war, but dragged his feet at every opportunity and fought policy battles through leaks to the press."
Make sure to check out these two articles.
Milton Friedman on The View
Study on the Windfall Profits Tax
Although it appears President Obama has tabled his plan for a WPT, the American Petroleum Institute decided several weeks ago to commission a study about the potential impact of the tax on the oil and natural industry and the economy. The findings indicate that the WPT—or any similar tax proposal—likely would cause severe job loss, reduce household income and slow economic growth. In other words, it could be exactly the wrong medicine for our ailing economy.
The study found that the tax could result in an estimated average decline in domestic crude oil production of approximately 21-26 percent annually, with imports of crude oil increasing by 13-18 percent annually. Additionally, by 2030, the proposed legislation is estimated to cause a net loss of between 370-490,000 total jobs from baseline levels. If you’d like to gather more information, the full text of the study and a podcast are available here.
Super Bowl Commercials
No 100 Day Pass for Obama
NBC's Matt Lauer just interviewed Barack Obama at a time when we are going to bankrupt our entire future. Instead of asking him at least one tough question, we learn about Michelle Obama's mother, Obama's kids, sports and all other questions were the equivalent to: "What do you want to talk about Barack?"
Finally, when I thought it couldn't get worse, Lauer says, "Let's lighten up a little bit and let's move toward sports." My god this is going to be a rough four years.
Oh, and according to Lauer: The Republican opposition disappointed a lot of people. Who is he referring to?
Visit msnbc.com for Breaking News, World News, and News about the Economy
Super Bowl Prediction (Open Thread)
Since most people are going to be watching the game, I'm just going to leave up an open thread. Feel free to leave a comment below if you think you know who is going to win the game. I think Pittsburgh has this in the bag, but I would like to see Arizona pull off the upset.
What do you think?
UPDATE: Pittsburgh won...great game.
