Archive for 2012

A SUSPECT LINKED TO THE BENGHAZI ATTACK was just killed in Cairo in a shootout with security forces.

THIS EXPLAINS A LOT: Obama tells Leno, ‘I’m pretty lost’ when it comes to ‘math stuff.’

UPDATE: Reader Brian Gates writes:

Barack Obama: He’s a better speechwriter than his speechwriters, a better policy guy than his policy guys, and a better political director than his political director, but he’s worse at high school math than his high school daughter.

They told me if I voted for Sarah Palin we’d get “eye candy” who couldn’t pass a high school math class – and they were right!

Heh.

CBS BUSTS OBAMA — AND ITSELF — IN BENGHAZI COVER-UP:

CBS News has released a clip of an interview by Steve Kroft of 60 Minutes on Sep. 12 with President Barack Obama that indicates Obama knew the assault on the U.S. consulate in Benghazi, Libya was a premeditated terror attack–and suggests the White House later deceived the public by blaming protests against an anti-Islam video. CBS chose not to air the clip for over a month–but did air Obama’s attack on Romney that same night.

Obama told Kroft that the attack in Benghazi was different from the violent protest at the U.S. embassy in Cairo: “You’re right that this is not a situation that was exactly the same as what happened in Egypt, and my suspicion is, is that there are folks involved in this who were looking to target Americans from the start.”

Obama’s remarks pointed towards a premeditated attack, in contrast to the story the White House went on to tell for weeks.

CBS chose not to air that portion of the interview with President Obama–not even in the days and weeks that followed, when it was highly relevant–first to the question of the nature of the Benghazi attack, then to the question of whether the president had in fact called it an act of terror from the start.

But then, the MSM has a long history of burying Mr. Obama’s “unexpectedly” damaging statements, rather than actually using them to break news.

THE MYTH OF THE RESOURCE CURSE. “Despite the intellectual popularity of the resource curse, it does not appear to hold much explanatory power in the case of current energy producers. It will hold much less as countries with established democratic institutions and habits become more prevalent among energy exporters.”

NEWSWEEK COLUMNIST files shock claim that Harry Reid belonged to white supremacist church.

(And wait ’til he finds out about Rev. Wright.)

PROF. JACOBSON: Gloria Allred’s Worst Nightmare — Transcript released but her client’s still gagged. “Reports from inside the courtroom in Boston at which The Boston Globe is seeking access to Mitt Romney’s testimony in the divorce case of the founder of Staples indicate that the Judge will authorize the release of the transcript to The Globe, but will not lift the gag order on the parties to the divorce, including Gloria Allred’s Mormon-hating client, Maureen SulLivan. . . . It will be up to The Globe and other media to spin the transcript against Romney, which they certaily will do, but Allred will not be at the center of that circus.”

Plus this: “Romney’s lawyer says the Gov. has no problem having his testimony made public.”

Also: “The Globe, of course, has not gone to court seeking access to Harvard’s federal filings, including documents signed by Elizabeth Warren, which might bring down Warren.” Democratic operatives with bylines.

THE KINDERGARTEN OF EDEN: I have an audio interview with TV writer/producer turned pundit and “9/13 conservative” Evan Sayet on his new book, which fans of Allan Bloom, Thomas Sowell and/or Jonah Goldberg might enjoy.

DID ECONOMISTS DOOM OBAMA’S PRESIDENCY?

If President Obama loses the election in November, economists may well end up taking a share of the blame – for good reason. Their models misled him into applying ambitious stimulus therapies to jump start the economy and boost employment that haven’t worked, vastly undermining his re-election prospects.

Back in January 2009, a now infamous study coauthored by Christina Romer, the future chair of the President Obama’s Council of Economic Advisors, and Jared Bernstein, the future chief economist for the Vice President, predicted that an $800 billion economic stimulus targeted toward boosting consumer demand would stave off a severe recession and hold unemployment below 8 percent by the end of 2009.

What was so compelling about their study was the illusion of precision. The Obama administration used their statistical analysis to aggressively promote specific policy proposals, including the package of tax cuts and discretionary federal spending embodied in the so-called stimulus package, the American Recovery and Reinvestment Act of 2009.

But little of what they predicted has panned out. . . . In short, in what is perhaps the most important exercise in economic policy modeling since the Great Depression, two of the nation’s foremost economists failed. And the failure was an epic one. They predicted that unemployment would peak at 8 percent after the stimulus. In fact it peaked at 9.9 percent. So it’s unclear whether trillions of dollars of stimulus spending bought the country any reduction in unemployment whatsoever. It’s also hard to escape the conclusion that it would have been better to do nothing and let the economy run its course.

Indeed. Here’s a reprise and update of that devastating graphic of what Obama promised vs. what he delivered.

And a look at the percentage of Americans who are employed, which still stinks:

CHANGE: Fracking Brings Manufacturing Back to Rust Belt. “So not only is the U.S. about to take the global lead in oil production; a new piece in the Wall Street Journal reports that the glut of cheap gas, which is difficult and expensive to transport abroad, has made America one of the cheapest places to manufacture many energy-intensive materials. This is particularly true in the Rust Belt states where the gas is extracted, and the area is already beginning to see the results as manufacturers begin to open plants in the region. And with the plants come jobs.” Faster, please.

AND FOR A CERTAIN TYPE OF WRITER YOU NEED TO TAKE YOURSELF WAY TOO SERIOUSLY: Colm Tóibín: you have to be a terrible monster to write. Ladies and gentlemen, after being a published author for … twelve years I’ve discovered this:  When a supposedly working writer tells you something like he writes only long hand on notebooks, he’s selling you something and it ain’t his writing.  Also note his courage in going after early Christianity…  I mean, we all know they behead people who insult their prophet right?  What?  They don’t?  Uh…