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November 2012

Tough Loss Leaves GOP at a Crossroads : Gerald Seib

http://online.wsj.com/article/SB10001424052970203347104578099361429417912.html A campaign year that began with great hope for Republicans, who had ample reason to think they could finish Election Night in full control of all Washington’s levers of power, instead ended Tuesday night with the GOP in a cloud of gloom. A Democratic president who ran with the national unemployment near or above […]


Despite a good look at the bankruptcy of entitlement democracy playing out across the euro zone, Americans have gone to the polls demanding to join the death spiral. Offered a clear choice, the promise of free stuff vanquished our abandoned heritage of freedom. The ideals upon which this country were founded can now be buried […]


Equities are down hard, more than erasing yesterday’s gains on concern over the fiscal cliff. We think President Obama will try to open a bipartisan discussion on the fiscal cliff, but the scheduled tax increase is a big problem that won’t go away (discussed below). His choice for the new Treasury Secretary will be an […]


Is a “Two-State Solution” Our Only Hope?
Stanley Kurtz provides a likely summation of what is in store in Obama’s second term.

What would that be? Obama’s first term.

Kurtz explains:

That’s because the president’s first term hasn’t really happened yet, at least not in the conventional sense. Ordinarily, a president enacts various policies in his first term, the public test-drives the changes, and the president’s reelection campaign is a referendum on those new policies. The difference in Obama’s case is that in order to secure reelection, he has backloaded nearly all of his most transformative and controversial changes into a second term. Obama’s next term will actually put into effect health-care reform, Dodd-Frank, and a host of other highly controversial policies that are already surging through the pipeline yet still barely known to the public.

I don’t think even Machiavelli thought of that.

Obama’s transformative changes to date have been far more theory than practice. While reelection may bring sullen public acceptance when Obama’s most controversial policies actually take effect, the reverse is equally possible.

Sullen acceptance or … revolt?

Once people actually begin to experience de facto health-care rationing, for example, they might get even angrier than they were in 2009–2010, when rationing was only a prospect. The same principle applies to a host of other issues (cap-and-trade via regulation, financial regulations, comprehensive immigration reform, national school curricula, urban-suburban policy). And this time, the public could be angered not only by the policies, but by growing recognition that actual enactment of Obama’s agenda was delayed for political purposes.

History tells us the Russian masses didn’t do so well on this count as totalitarian government burgeoned around them. Russian dissenters, of course, had the firing squad and Gulag to worry about. We face no such threat. Further, Russian dissenters didn’t have a history of liberty behind them. Our dissenters, however, have had their faith in our history of liberty shaken by at least three-quarters of a century of Marxist conditioning; they have become overwhelmed, also co-opted, by the soft-focus-Marx-inspired legions who lead and give voice to a body politic, fully half of which, now, is soldered to the public teat.

It may be that a “two-state solution” becomes our only hope.


Please don’t blame Mitt Romney….the circular shooting squad is now beginning and it is loathsome to watch. Mitt Romney gave it his all. He is a decent man who deserved to win. Americans let him down.

Bye bye to Sarah Palin and the Tea Party which failed us where and when it counted most. So long for a while to Fox News except for Megyn Kelly, and now all those post menopausal harpies can get their abortions on the government’s dime. Maybe Obama’s next move will be the appointment of a “Reproductive Rights Czar”…..









Hello Everyone,

With the re-election of His Fraudulency, Barack Obama, it is clear that America is becoming more and more like California which is to say an almost failed state. Today demographics trumped economics. Due to a divided Congress Obama will not get much legislation passed in the next four years but Obamacare will now take on its full destructive force as it spreads its tentacles over every aspect of our national life. He will be able to alter the composition of the Supreme Court making his attacks on the Constitution stronger and more successful. Foreign Policy is the prerogative of the Executive Branch and this is were Obama will continue to betray us all. With the popular vote almost evenly divided between Obama and Romney and with Obama gaining fewer popular votes and fewer votes in the Electoral College than in 2008 he can hardly claim his victory as an overwhelming mandate. Nevertheless, this is a tragic day for the United States and her allies. During the next four years Obama will do to this country what it took the Roman Empire a thousand years of enjoyable decadence to accomplish. To paraphrase Dennis Prager, a radio talk-show host in Los Angeles, the difference between the passengers on the Titanic and the American voters is that the passengers on the Titanic didn’t vote to hit the iceberg!

The grievous national wound of Obama’s presidency will deepen and fester for four more punishing and suffocating years. On whom, one wonders, is he going to blame the mess he has inherited this time around? In the meantime, let’s take some inspiration from Thomas Jefferson who observed that, “When injustice becomes law, resistance becomes duty.” I’ll see you on the ramparts.

Best regards,
as always,

Paul Schnee