Archive for 2016

MRS. CLINTON’S WAR, AS DESCRIBED BY THE NEW YORK TIMES: A New Libya, With “Very Little Time Left”

Mrs. Clinton would be mostly a bystander as the country dissolved into chaos, leading to a civil war that would destabilize the region, fueling the refugee crisis in Europe and allowing the Islamic State to establish a Libyan haven that the United States is now desperately trying to contain.

“Nobody will say it’s too late. No one wants to say it,” said Mahmud Shammam, who served as chief spokesman for the interim government. “But I’m afraid there is very little time left for Libya.”

Media reports referred to Mrs. Clinton’s one brief visit to Libya in October 2011 as a “victory lap,” but the declaration was decidedly premature.

Read the whole thing.

CULTURE OF CORRUPTION: Pension funds lost millions on deals with Daley nephew, Obama pal. “A real estate venture created by President Barack Obama’s onetime boss and a nephew of former Mayor Richard M. Daley squandered $68 million it was given to invest on behalf of pension plans for Chicago teachers, cops, city employees and transit workers, a Chicago Sun-Times investigation has found. The five public pension funds haven’t made a dime on the investments they made nearly a decade ago with DV Urban Realty Partners, a company created by Obama’s ex-boss Allison S. Davis and Daley nephew Robert G. Vanecko, records show. In fact, the financially troubled pension plans have lost most of the money they gave DV Urban, which used the money to invest in risky real estate deals, primarily in neglected neighborhoods.”

TURNING JAPANESE? I REALLY THINK SO: U.S. Has Record 10th Straight Year Without 3% Growth in GDP.

Who could have predicted this? Well, pretty much everyone who hadn’t drunk the Obama Kool-Aid in 2008. Here’s Nick Gillespie in June of 2009 in a Reason TV video titled “Turning Japanese — Is the US Creating Its Own Lost Decade?”

And as I warned in one of my Silicon Graffiti videos from around that time, paraphrasing the famous aphorism of both FDR and President Reagan, “You and I have a rendezvous with scarcity—a destiny that for some is already here—and for the rest of us may be arriving all-too soon—because a surprisingly wide swatch of the country wants just that.”