Archive for June 1st, 2009

June 1, 2009

Rush on the GM ‘trifecta’ deal

From NTC News:

“Protection, socialism and cronyism,” Rush Limbaugh told his nationwide radio audience today in describing the $30 billion bankruptcy deal for General Motors announced by President Barack Obama.

Rush was on fire today, doing an economics seminar on the GM deal, talking about Timothy Geithner’s China trip, and also addressing the “puzzling” woes in the bond market:

The Federal Reserve is studying significant moves in the U.S. government bond market last week that could have big implications for the central bank’s strategy to combat the country’s recession.
But the Fed is not really sure what is driving the sharp rise in long-dated bond yields, and especially a widening gap between short and long term yields.

Heh. The sharp rise in long-term bond rates is only “puzzling” to people who know less about market economics than I do, and I’m a liberal arts major. But the list of people who know less than me, however, unfortunately includes the man Obama insisted must be in charge of the Treasury:

Timothy Geithner, making his first visit to China as U.S. Treasury secretary, reassured China that the U.S. must control a massive fiscal deficit and unwind market rescue efforts when conditions improve.
“In the United States, we are putting in place the foundations for restoring fiscal sustainability,” he said, adding that he backs a strong dollar policy.

Oh, puh-leeze. It Won’t Work, The Fundamentals Still Suck, and Economics Is Not a Popularity Contest. We’re on The Road to Weimar America.

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June 1, 2009

‘How Should Congress Respond?’

Salvation through legislation is the liberal gospel, and Ezra Klein is in the pulpit:

[The murder of Kansas abortion provider Dr. George Tiller] is the final, decisive act in “an ongoing campaign of intimidation and harassment against someone who was providing completely legal health-care services.” That campaign stretched over decades of protests, lawsuits, violence, and, finally, murder. . . .
This was, in other words, a political act. Tiller was murdered so that those in his line of work would be intimidated. In conversations with folks yesterday, I heard well-meaning variants on the idea that it would be unseemly to push legislation in the emotional aftermath of Tiller’s execution. I disagree.
[I]n my view, [it would be] a perfectly appropriate response for the Congress to decisively prove [the murderer’s] action not only ineffectual, but, in a broad sense, counterproductive.

Murder is already against the law, but liberals can’t save the world if they let mere facts get in their way.

June 1, 2009

‘This is not pro-life . . .’

“My Facebook feed is blowing up with pro-life leaders posting this story and condemning the murder of Dr. Tiller . . . because murdering someone in cold blood like this is not pro-life.”
Becky Brindle

MORE AT NTC NEWS

June 1, 2009

REPORTER: ‘A lot of shock’ aboutkilling of Kansas abortion doctorUPDATE: SUSPECT NAMED

UPDATE 8:17 p.m. EDT: SUSPECT ID — SCOTT ROEDER, SOURCE TELLS ASSOCIATED PRESS

PREVIOUSLY: Suzanne Tobias of the Wichita Eagle:

In the interview broadcast by Fox News, Tobias said that Kansans were especially shocked that the assassination occurred in the lobby of a church. She noted that Dr. Tiller’s clinic had long been the site of protests, including months of civil-disobedience during the summer of 1991. . . .

Read the rest. Also see Jillian Bandes’ report at Townhall. Earlier reporting and reaction here.

Meanwhile, I discover that Andrew Sullivan has cited my own personal reaction favorably. Does this hurt my chances at the 2009 Malkin award?

Follow at Memeorandum.

UPDATE: Jimmie Bise at Sundries Shack:

The person who shot Tiller is a cold-blooded murderer and is every bit as monstrous a killer as Tiller himself. I don’t care how the killer rationalized his killing . . . He had no right to take Tiller’s life.

Jimmie wraps up a lot of reaction from the unhinged. “There is a way that seems right to a man . . .”