Thursday, April 02, 2009

Some of Us Are Paying Attention

Obama's revenge against GM

We know that Obama has a very conventional mind. I have not heard a single novel or even interesting idea from the man over all the months that I've listened to him. He clearly has no understanding of classical economics. He doesn't understand, as Bill Clinton did, the real harm and suffering that welfare dependency has inflicted on black people after LBJ's War on Poverty. He does not understand the elementary difference between productive and non-productive investment of scarce resources. He has no conception of the damage inflicted by inflation on the poor, more than even on the rest of the country. He has no real understanding of the dizzying complexities of foreign policy -- nor does his Secretary of State, who was hardly picked for her competence in foreign affairs.

These are not just rank amateurs, they are willfully ignorant amateurs, who also happen to be grandiose narcissists, and who now have free reign over the levers of power in the United States. We are all watching the Titanic steaming full speed ahead right before that diamond-hard iceberg tears off all the steel rivets from her skin. If you're not aghast, you're just not paying attention.

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