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- GEORGIA RESULTS POINT OUT STRATEGY FOR FUTUREYesterday
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We have written before that the message of the November election results for us is simple: Conservatism and the free enterprise system are too important to leave their protection to the morons who run the Republican Party! So when even the ability to filibuster seemed on the verge of being taken from the forces of conservative government, we decided to act directly by helping to raise funds for independent expenditure groups who willing to run the kind of ads and do the sort of cyber-roots campaigning that it seemed to us was essential to stop the slide in conservative fortunes and to guarantee that the Democrats would not get the elusive but crucial 60th vote in the Senate. The challenge presented itself on Election Day when Republican incumbent Saxby Chambliss failed to win the 50% of the vote necessary to avoid a runoff. In the runoff, won by Chambliss this past Tuesday, the Democrats had their final shot at getting the 60 votes they will need in the Senate to cut off debate and jam through any legislation they wish.
- OBAMA-HILLARY COALITIONDecember 3
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Published on TheHill.com on December 3, 2008
To understand the central dynamic behind Obama’s unorthodox selection of Hillary Clinton as his secretary of State, one must look abroad to parliamentary political systems where the most powerful opposition figure routinely becomes prime minister when his party wins a majority, while the second most potent politician is usually named the foreign minister.
That’s the model. Obama’s selection of Hillary is by no means the act of a president tapping his favorite to hold the top portfolio in his administration. Instead, it is the appointment by the leader of the majority party — trying to hold it together behind his leadership — offering due deference to the woman he narrowly defeated. - OBAMA’S MYTHS: YOUNG VOTERS AND SMALL DONORSDecember 1
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Myths in politics take on a life of their own and the Obama campaign has been quick to cloak its incredible electoral success with a new coat of mythology. Two fantasies, in particular, pervade the amazing triumph of the Obama candidacy: That young people propelled him to victory by finally voting in large numbers and that small donors financed his campaign.
- THE FREE MARKET CONSENSUS 1989-2008: RIPNovember 26
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The subprime mortgage crisis is only the Sarajevo which caused the financial collapse. The real reason is the massive explosion of debt at all levels and in all forms that has engulfed the world. Since 1992, the total of debt in the world has gone from a level equal to global GDP to a level that is now 3.7 times as much as global GDP. This debt explosion, explained in Charles Morris’ book (no relation) The Trillion Dollar Meltdown, consists not only of mortgages, but bonds for corporations that can’t repay them, credit cards for consumers who are neck deep in debt, car loans for drivers who can’t meet the payments, student loans that are swamping young couples, and default insurance sold by companies that can’t make good on their commitments. This massive debt has to be sweated out of our global economic system like a heroin addiction.
- NO WAR ON TERROR UNDER OBAMANovember 25
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Lost in the dramatic disaster unfolding on Wall Street and the brazen hypocrisy of the Hillary Clinton nomination is President-elect Obama’s double signal that the war on terror is now over. His appointment of Arizona Governor Janet Napolitano as Secretary of Homeland Security signals that the Department will once again focus on southern border immigration issues rather than on fighting terrorism.