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November 2012

DAVID MALPASS: WHAT CAN WE NOW ANTICIPATE

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 […]

DIANA WEST: IS A TWO STATE SOLUTION OUR ONLY HOPE?

http://www.dianawest.net/Home/tabid/36/EntryId/2307/Is-a-Two-State-Solution-Our-Only-Hope.aspx
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.

AND ONE MORE THING

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”…..

http://www.familysecuritymatters.org/

http://times247.com/

http://www.nationalreview.com/

http://frontpagemag.com/

http://www.jihadwatch.org/

http://www.americanthinker.com/

http://pjmedia.com/

PAUL SCHNEE EXPRESSES MY FEELINGS PERFECTLY

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

24/7 NEWS AND BUZZ

http://times247.com/
Dead heat: 120 million Americans to vote
Reuters
Tuesday, November 6, 2012
News
President Obama and Republican challenger Mitt Romney face the verdict of voters on Tuesday after a long and bitter White House campaign, with polls showing them deadlocked in a race that will be decided in a handful of states where it is extraordinarily close. Read more…

Read more: http://times247.com/#ixzz2BRhzkrTS
College newspapers abandon Obama by droves
Daily Caller
Tuesday, November 6, 2012
News
Many college newspapers that endorsed Barack Obama for president in 2008 are not supporting his election again this year, another indication that the Obama enthusiasm that swept across campuses four years ago has faded. Read more…

Read more: http://times247.com/#ixzz2BRhblP7k
New Black Panthers up to old tricks
The national leader of the New Black…
Read more…

Read more: http://times247.com/#ixzz2BRhDHxbJ
Political reporters are biggest losers of campaign
Daily Caller
Monday, November 5, 2012
News
We already know the loser in this election cycle: political reporters. They’ve disgraced themselves. Conservatives have long complained about liberal bias in the media, and with some justification. But it has finally reached the tipping point, with so many in the press dropping the pretense of objectivity to help a political candidate. Read more…

Read more: http://times247.com/#ixzz2BRhmtqTw

BRET STEPHENS: LIBERAL EXCEPTIONALISM

http://online.wsj.com/article/SB10001424052970204349404578100600454044238.html?mod=WSJ_Opinion_LEADTop How long can the laws of fiscal—and political—gravity be suspended? It isn’t true that liberals don’t believe in American exceptionalism. When it comes to the national balance sheet, they think the U.S. levitates fiscally. And when it comes to the presidency, they think Barack Obama walks on water. If he wins Tuesday, they’ll be […]

DAVID MALPASS: ROMNEY, OBAMA AND THE ECONOMIC CHOICE

http://online.wsj.com/article/SB10001424052970203897404578078510673121172.html?mod=WSJ_Opinion_LEFTTopOpinion Voters go to the polls with an unusually clear choice in U.S. economic policy: We can double down on the current approach in the hope that bigger government will create jobs, or we can adopt growth policies that are more market-oriented and less government-centered. Current economic policy will lead to a recession in 2013, […]

DANIEL GREENFIELD: WHO WE ARE AND WHAT WE STAND FOR

http://www.familysecuritymatters.org/publications/detail/we-are-those-who-stand-for-the-day?f=puball

“We have no grand schemes or manifestos, no glorious visions of caliphates and socialist republics, our vision is of our homes and our stores, our families and our friends, the communities that we have built and the small things that we have done every day of our lives for the sake of all these things. These small things, the little uncounted freedoms and the self-chosen responsibilities are our manifestos, they are our battle cries and they are what we fight for. They are our world and we hold them now in the light of day against the destroyers who would bring against us the fall of night.”

We face two conflicts in the present day and against the present day. Both conflicts are being fought against ideologies dislocated in time, longing urgently for the past and the future.

Islamism is a reactionary ideology preaching a perfect world to be gained by stepping back to the 7th Century origins of its founding and seeks to recreate it by enslaving women and non-Muslims, making Mohammed’s false treaties with Christians and Jews, this time no longer in Arabia, but around the world, and then subjugating them to usher in an age of perfect peace.

Progressivism looks for its utopias not in the splendors of the past, but in the wonders of the future, its fanaticism fueled by the wonders of the emerging technologies of the late 19th and early 20th Centuries fused with the delusion that these material technologies could be matched by social technologies of equal depth and effectiveness, bringing forth both a technocratic utopia of physical technology and social technology.

Utopianism is a matter of faith and perspective. One man’s utopia is another man’s nightmare. And like many matters of faith, those who cannot be convinced must often be compelled.

The Utopianist is dislocated, feels born out of his proper age and fervently at odds with the tenor of the time.

For the Muslim, this is a matter of pure culture, for Islamic civilizations were left behind in the great rush of forward momentum experienced by Western civilization within the past centuries. The modern world is a Western creature and though it boasts many comforts and achievements, the Muslims who inhabit it can never feel fully at home in it. Unable to dream of a great future, they dream instead of a wonderful past that will sweep away the alien complexities that they could rarely learn to live without, and replace it with the purity of the desert and the simplicity of the sword.

For the Westerner, the dislocation is also cultural, it is the clash between the mechanical accomplishments of the civilization that he lives in and the decay of the spiritual and aesthetic values of its culture. The artist and the sculptor despaired of matching the engineer in the last century. The cleric feels a trembling in his bones when he sees the visions spun by theoretical physicists. Rather than exceeding themselves, the bearers of the cultural traditions of the West have often chosen to diminish themselves, fleeing into ugliness and unbelief, defacing and distorting the traditions they bear, rather than rising to face the challenge of their civilization’s material accomplishments and subsuming their fears of inadequacy in the expansion of their heritage’s possibilities.

The sensitive soul of the middle class child bemoans the industrial revolution without realizing that the only reason that there is a middle class and that he isn’t toiling in the fields and she isn’t at the mercy of any passing knight is the very materialistic technological revolution that the sensitive soul bemoans. For centuries, the dislocated Westerner has physically or philosophically attempted to retreat to a pastoral Eden, to the garden and the field tended by the Noble Savage, erecting complex theories to promote a new simplicity.

The dislocated Westerner finds in the form of the Noble Savage, a fellow dissatisfied soul rebelling against the constraints of civilization, and discovers too late the cost of savagery and the alternative to the new world of freedom that Newton’s Apple and the slide rule, and its rude children, the factory and the company have made. The Muslim is the latest in a long line of noble savages, fellow travelers on the road to a terrible Utopia that only one of them shall ever see.

Why the Taliban Shot a Teenage Girl by DR. LAINA FARHAT-HOLZMAN

http://www.familysecuritymatters.org/publications/detail/why-the-taliban-shot-a-teenage-girl?f=puball The Pakistani Taliban roused the ire around the world with their latest horror, an attempted assassination on a teenage girl for promoted educating girls. They recently beheaded a 7-year-old girl and nobody noticed. But this time, mobs of Pakistanis demonstrated in support of the girl and in criticism of the Taliban. Is this issue […]

PAUL DRIESSEN: FRAC(K)TURED FAIERY TALES

http://www.familysecuritymatters.org/publications/detail/fractured-fairy-tales?f=puball Greens hate natural gas and fracking, but costly, parasitic wind energy can’t live without it. Horizontal drilling and hydraulic fracturing have boosted shale gas production from zero a few years ago to 10% of all US energy supplies in 2012, observes energy analyst Daniel Yergin. Fracking has also increased US oil production 25% since […]