…that the president doesn’t read much. I’d be willing to bet that one of the things he hasn’t read is Hayek. Or Friedman. Or Sowell. If he had, he wouldn’t be such an economic ignoramus.
Only minutes after her department reported that payrolls had shed another 131,000 positions in July, there was Secretary Hilda Solis speaking brazenly of the “strong and immediate action” the White House had taken to save or create “more than 2.5 million American jobs.”
But as the market action showed, investors could see she didn’t know what she was talking about.
But then, Solis is no different from any number of administration officials who by their comments or actions demonstrate almost daily that they know nothing about creating jobs or anything else to improve the economy.
And why should they? There’s never been an administration led by so few people with any experience in the private sector — including the president, the vice president and even the treasury secretary, who last week wrongly called it a “myth” that raising taxes on high-income Americans would hurt small business.
Doug Schoen says that ObamaCare is an electoral disaster for the Democrats.
Good.
I think that this also shows that either Bill Clinton is a political fool, or that he thinks that the party needs a wake-up call like this to get rid of Obama and move away from its current leftist extremism, so he suckered them into it.
I talked to Elon for half an hour or so last night, to make sure that I was getting the story straight on an article I’m writing for Popular Mechanics, but he didn’t really tell me anything that changed the relevant aspects of my story. It does, however, change the spin on the story that AvLeak did a few days ago, and they’ve provided a correction, based apparently on a similar conversation with him. It’s always possible to read too much into technical papers presented at professional conferences (not to mention retirement aspirations), and that seems to be what occurred here. SpaceX would like to build a heavy lifter, but they don’t see the market for it absent NASA interest, which sort of makes the point that I’ve always made — that it’s not affordable, or even necessarily the best way to do the exploration job. I am sure, though, that if NASA really needs a heavy lifter, funding SpaceX to build it is the most affordable option.
It turns out that the flight attendant who went nuts on the Jet Blue flight was gay.
I know you’re all as shocked as I am. Who ever heard of such a thing?
It reminds me of a piece that Mark Steyn wrote years ago, in which he noted that if you wanted to see the worst-dressed gay men in America, to take an airplane ride.
Oceanographic surveyors of the sea floor in the area of the Bermuda Triangle and the North Sea region between continental Europe and Great Britain have discovered significant quantities of methane hydrates and older eruption sites.
Because of the correlations and existing data, the two envisioned what would happen when gigantic methane bubbles explode from natural fissures on the seafloor.
Makes sense to me. There would be no warning, and nothing you could do. You might be able to set up a warning system for aircraft, though, perhaps with satellite monitoring. I don’t think that ships would have the ability to escape. Too slow and unmaneuverable. Better to avoid the area, or perhaps to better map the deposits, and put them on the charts like other hazards.
It was canonical to this administration and its functionaries that they were handed a broken nation, that it was theirs to repair, that it was theirs to tax and reshape to their preferences. Yet there was, in 1980, after another landmark election, a leader who had stepped forth in a time of “malaise” at home and weakness abroad: Ronald Reagan. His program was different from Mr. Obama’s. His faith in the country was boundless. What he sought was to restore the nation’s faith in itself, in its political and economic vitality.
Big as Reagan’s mandate was, in two elections, the man was never bigger than his county. There was never narcissism or a bloated sense of personal destiny in him. He gloried in the country, and drew sustenance from its heroic deeds and its capacity for recovery. No political class rode with him to power anxious to lay its hands on the nation’s treasure, eager to supplant the forces of the market with its own economic preferences.
Obama never understood that the notion of a leftist or “progressive” Ronald Reagan was an oxymoron.
, I highly recommend it.