As Glenn says:
The key policy implication is that if he can convince enough people that you didn’t earn your success, he’ll face less opposition when he tries to take the fruits of your success for himself. And that’s what this whole “you didn’t build it” thing is about. I’m not taking your property away — it was really mine all along!
Yup.
The outrageous farm bill.
Time to clean up DC, on both sides of the aisle. Just a little over three months until our next opportunity.
The taxpayer loss on GM hits $35B.
Does Obama really want to run on this issue? Romney should make it clear that he didn’t save the auto industry — he saved the UAW. Temporarily.
[Update a while later]
“This isn’t investing. This is welfare.”
…is worse than the quote.
It may be that when historians discuss this election, they’ll point to that untelepromptered gaffe as the moment that Obama lost the election.
Some readings.
Some history and context. It’s nothing new. He was raised as a Marxist, and he’s never changed.
[Afternoon update]
No, Adam Gopnik, Adam Smith would not have agreed with Barack Obama.
Obama’s latest plagiarism from Atlas Shrugged is providing a lot of graphical fodder. And he did earn that. More devastating, I think, was Romney’s response.
[Update a while later]
The ultimate takedown of Obama’s speech:
When Obama implied at the Roanoke, Virginia rally that some businessmen refuse to pay for public works from which they benefit, he presented a thesis which, like a three-legged stool, relies on three assumptions that must all be true for the argument to remain standing:
1. That the public programs he mentioned in his speech constitute a significant portion of the federal budget;
2. That business owners don’t already pay far more than their fair share of these expenses; and
3. That these specific public benefits are a federal issue, rather than a local issue.If any of these legs fails, then the whole argument collapses.
And all of them fail. As he notes, it’s significant because it really was revealing, and an Atlas Shrugged moment.
[Update late morning]
It’s a miracle!
The latest from Bill Whittle (yes, I am back in LA, got in late last night from Silicon Valley).
The government has been a disaster for our health. And as he points out, it’s no coincidence that people who eat paleo tend to be libertarian. There’s a good reason for it.
Destroying the economic hopes of low income people in order to stoke the self esteem of entitled Boomers is not Via Meadia’s idea of progressive politics, but that just goes to show how backwards we are by the exalted moral standards of the California elites.
The destruction of California isn’t a victimless crime. Millions of low income California residents are trapped in decaying cities where, thanks in large part to narcissistic green unicorn chasers, the manufacturing base has withered away. And anything that blights California, blights us all. America and the world need California back on line; the Golden State has too much to offer for anyone to remain indifferent to its fate.
Unfortunately, for now, the lunatics continue to run the asylum in Sacramento.