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Posts Tagged ‘politics’

It’s not 2008 anymore

Posted by Richard on September 4, 2012

Remember the 2008 Democratic National Convention in Denver? To accommodate the throngs who wanted to be there, they moved the grand finale to Invesco Field (now Sports Authority Field) at Mile High. A full house of 80,000 watched candidate Obama stand in front of the styrofoam Greek columns and accept his party’s nomination. Men cheered, women swooned, and children experienced The Rapture.

What a difference four dismal years make:

 Democrats are poised to avoid the danger of President Barack Obama accepting his party’s nomination before a partially-empty stadium by shifting his speech to an indoor arena and citing ‘severe weather’.

As officials prepare to open the Democratic convention this afternoon, there are strong indications that the speech will be moved to Time Warner Cable Arena, which has a capacity of just over 20,000.

The current Weather Underground forecast for Charlotte on Thursday is: ‘Partly cloudy with a chance of a thunderstorm and a chance of rain. High of 93F with a heat index of 99F. Winds from the SW at 5 to 10 mph. Chance of rain 30%.’

Democratic convention sources have indicated that the ‘contingency plan’ is at an advanced stage and that a move to the stadium appears certain.

‘It looks like a done deal to me,’ said one convention worker. ‘The decision’s apparently been taken and it’s just a matter of spinning it as being forced on us by the weather.’

I’m guessing it’s not yet a done deal. I’ll bet they’re moving heaven and earth to bus in enough students, teachers, and other union members to more or less fill Charlotte’s 74,000-seat Bank of American Stadium. We’ll see.

UPDATE (9/5/12): It’s a done deal. They’re going with the 20,000-seater. Even though Charlotte’s top meteorologist says Thursday night’s weather “will likely be the best weather of the week.”

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Rethinking Clint Eastwood

Posted by Richard on August 31, 2012

I want to retract what I said yesterday about Clint Eastwood at the Republican convention. I was clearly wrong.

That evening, I had C-SPAN on in the living room and listened to the convention while working on the computer in my office. When Eastwood came on, I dropped what I was doing and went out to watch. But I guess I wasn’t in the right frame of mind for his schtick, and I didn’t really get it. Apparently, plenty of other people did.

Based on the praise of Eastwood on talk radio and numerous conservative/libertarian websites, the positive reaction of some of my co-workers and friends, and the negative reaction of the Socialist Democrats and their media sycophants, I thought maybe I should watch it again. So I did, here. This time I got it.

Although surely not scripted, this was a carefully planned and well-executed comedic performance. It hit the mark. Read some of the comments at that Belmont Club post where I watched it. Eastwood reminded various people of Jimmy Stewart, Bob Newhart, Will Rogers, and his own role as Walt Kowalski in Gran Torino — and they’re all right! As Richard Fernandez suggested, it was Everyman quietly and simply poking fun at Obama and Biden (really, all the politicians who desire to rule over us), reminding us and them that “they are our employees” and that they’ve earned a poor job performance evaluation.

It was also very politically effective, as Belmont Club commenter Dworking Bariman observed:

This proves that Clint’s gambit was utterly successful and devastating. President Thin Skin just revealed a tell. Clint masterfully deployed Alinsky Rule #5 (RULE 5: “Ridicule is man’s most potent weapon.” There is no defense. It’s irrational. It’s infuriating. It also works as a key pressure point to force the enemy into concessions.) The GOP must keep hammering at this chink in his armor relentlessly. Keep it funny and self-deprecating like Clint did, and you will also fulfill Rule 6 (RULE 6: “A good tactic is one your people enjoy.” They’ll keep doing it without urging and come back to do more. They’re doing their thing, and will even suggest better ones.). That’s why Breitbart was the ultimate happy warrior. He lived and breathed this stuff.

What he said.

Boy, do I miss Breitbart.

(HT: Instapundit via Life’s Better Ideas)

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Romney’s acceptance speech

Posted by Richard on August 30, 2012

I haven’t posted anything about the GOP convention, although I’ve watched as much as I could in the evenings. I wanted to post about some of the significant speeches that weren’t covered by the broadcast networks in their one hour per night, and which cable news networks like MSNBC, CNBC, and CNN cut away from in their coverage, but that takes a lot of work and I haven’t had time. Maybe tomorrow or the next day.

But I do want to offer a few thoughts about the Romney speech tonight. Stephen Green drunkblogged it (and my apologies to him and to you for not giving you a heads-up about that in advance). Reading it after the fact isn’t the same is following it live, but I still commend it to you, although I think he’s off-base on several counts.

Green was far too kind to Clint Eastwood, who had a few good lines, but was much too unfocused, rambling, and just plain weird.

Green was somewhat too kind to Marco Rubio, who gave a decent speech with some memorable lines — like noting that Obama’s ideas are what people “move to America to get away from” — but this certainly wasn’t one of Rubio’s best (search for “rubio” on YouTube to see what I mean). And Rubio flubbed one line big-time, saying future historians would say “we chose more government over more freedom” when he meant to say the exact opposite. [UPDATE: After seeing Rubio’s speech a second time, I think I was too negative after the first viewing. It was more than decent, it was really very, very good. But that one flub was still a big one.]

And Green was too tough on Romney, arguing that the first half was “almost pitch-perfect,” but not happy with the second half’s “partisan attacks on Obama’s policies” and “laundry list of policty details.” Although Green loved the finish, which he thought “was big, it was rousing, and it was inspiring.”

I agree about the first half, but I think the policy attacks were just about perfect, and I have no problem with Romney spending two minutes summarizing his five-point plan (as he apparently does every time he speaks).

I thought the balance between lamenting the current state of affairs and painting an optimistic picture of our future (given a change in policies) was just about perfect. Almost — dare I say it — Reaganesque. That’s exactly what Ronaldus Magnus did in 1980: take a failed president to task issue by issue for his disastrous policies, while holding up the hope for a better future. Romney didn’t mention the “shining city on a hill” in so many words, but that’s what his speech reminded me of.

I thought Romney’s emphasis on women came close to pandering, but I can’t fault him for that, given all the blather by Socialist Democrats and their MSM sycophants about a “Republican war on women.” And I thought he nicely tied his mother’s contention that women should have an equal voice in “the great decisions facing our nation” with the fact that the women who addressed the convention included three governors, a senator, and a former secretary of state.

My two favorite parts of the speech:

… the centerpiece of the President’s entire re-election campaign is attacking success. Is it any wonder that someone who attacks success has led the worst economic recovery since the Great Depression?

In America, we celebrate success, we don’t apologize for success.

President Obama promised to begin to slow the rise of the oceans … [long pause][applause and laughter] … and to heal the planet. [another long pause][more applause and laughter] My promise is to help you and your family.

Bottom line: I was impressed and pleased. He addressed the Socialist Democrat attack on his history at Bain Capital head-on and turned it around on them, charging that they don’t understand “the genius of the free enterprise system.” The speech was all-in-all a powerful defense of capitalism, freedom, progress, and opportunity. Obama and the Socialist Democrats reject all those things. I think that come November, a significant majority of Americans will vote in favor of those things and against the Socialist Democrats.

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Loser Dole urges Romney to be more like him

Posted by Richard on August 27, 2012

Former Sen. Bob Dole urged Mitt Romney to reject “rigid conservatism” and embrace “mainstream Republicanism” like Dole did.

‘Cause, you know, it worked so well for Dole-Kemp in 1996 and for Ford-Dole in 1976.

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2016: well worth watching, but with a couple of flaws

Posted by Richard on August 26, 2012

Let me begin by saying I really liked Obama’s America: 2016. I urge you to go see it and to get family and friends who are “soft” Obama supporters or mainstream, moderately liberal Democrats to go with you. (There’s no point in taking your cousin in the Occupy Movement or other other hard-core leftists; the film will only make them more sympathetic to Obama.) I do have quibbles, but I’ll save them for later, since they’re mostly about the last part of the film.

The film has high production values, with especially fine music and excellent cinematography. It’s a pleasure to watch. Much of it is filmed in third-world locations. It begins with D’Souza describing his third-world roots and how he became an American, thus establishing his credibility regarding much that follows. D’Souza draws parallels between his own story and Obama’s (to be clear, though, he’s not a birther and explicitly says Obama was born in Hawaii).

D’Souza spends a lot of time in Kenya, trying to learn about Barack Obama, Sr. He has no luck with the Obama family/clan after someone apparently discovers where his sympathies lie. The Luo are a polygamous tribe, and I don’t remember all the relationships or who did what, but at some point the film crew is warned that it’s no longer safe for them to remain in the village.

D’Souza has more luck with Obama’s half-brother George, who doesn’t share the anti-colonialist mindset of his father, other members of his family, and half-brother. For instance, George points out that at one time Kenya was more economically advanced than Korea. But today, South Korea is a wealthy, advanced, industrialized nation while Kenya is still primitive and poor. At this point, I think the film could have done a better job of connecting the anti-colonialist values that kept Kenya poor to socialism, and could have pointed out the irony that the socialism embraced by third-world anti-colonialists is the product of white Europeans.

We learn of the absent father’s influence on his son via Obama’s own words in Dreams from My Father (it’s significant, as D’Souza notes, that the title says “from,” not “of”). And there’s an interesting interview with a psych professor specializing in the effect of absent fathers on their offspring. But more importantly in my mind, we learn about the other intellectual influences on Obama, some of which were new to me.

I knew, of course, about the Rev. Wright and Bill Ayers (and how bogus Obama’s attempts to distance himself from them in 2008 were). I even knew that Frank Marshall Davis was his mentor and was a hard-core communist. But I didn’t know that Obama’s white (maternal) grandfather was a hard-core leftist, a very good friend of Davis, and asked Davis to mentor young Barack.

I knew that Obama’s mother, Stanley Ann Dunham, was a leftist, but I didn’t know that she fought with and eventually left her second husband, Lolo Soetoro, because he went to work for an American oil company and became more westernized. I didn’t know that she instilled in young Barack an idealized view of his father and an abiding admiration for his father’s anti-colonialist/socialist values, and that it was probably to remove Soetoro as an influence in his life that she sent him from Indonesia back to Hawaii to attend school.

I also didn’t know about some of the other radical leftists/communists mentioned in the film who were significant influences in the development of Obama’s values and world-view.

At this point, the film has done a fine job of showing that prior to the presidency (to borrow a metaphor from Hugh Hewitt), Obama spent his entire life swimming in radical leftist/socialist/communist waters. Then it argues convincingly that in his first term, Obama tempered his leftism to a significant degree so that he could win a second term (including the infamous “hot mic” clip where Obama tells Russian President Dimitry Medvedev that after being re-elected he’ll “have more flexibility”).

So then we arrive at the portion of the film addressing what would happen in a second Obama term and how the United States would look in 2016 if he’s re-elected. Unfortunately, I think this is the weakest part of the film.

My first complaint with this portion of the film is that it focuses too much on Obama’s efforts to reduce America’s nuclear arsenal in particular and on America’s role in the world in general. Mind you, I’m a neo-libertarian, not a paleo-libertarian, so I’m fine with the idea of the United States being the world’s sole super-power as long as it’s serving the ideals on which this nation was founded. I just think that if you want to influence the outcome of the November election, graphics of various nations’ nuclear arsenals are not the way to go.

My second complaint is with the way the domestic policy issue is addressed. The film focuses entirely on Obama’s explosion of the federal debt, which would be fine if the purpose and consequences were clearly articulated. But I don’t think they are. If the film were even five or ten minutes longer, it could explain that Obama’s unprecedented level of deficit spending (42 cents of every federal dollar spent) results in a huge transfer of wealth from “the rich” (mostly, those who’ve earned what they have) to “the poor” and how monetizing the debt (i.e., expanding the money supply) eventually makes us all poorer.

As it is, the film just says “look how big the federal debt is going to get, isn’t that terrible?” I think it could have done better. And it could have addressed other domestic issues, like crippling regulations. Tying those to the film’s anti-colonialism theme might have taken a bit more effort — but more clearly connecting anti-colonialism to socialism earlier in the film would have made that easier.

Bottom line: Gerald R. Molen has produced and Dinesh D’Souza has co-directed a fine film. But it could have been truly outstanding with just a few tweaks. Still, go see it ASAP and get your friends to do likewise.

The tag-line for the film is “Love him, hate him, you don’t know him.” I think that’s entirely valid — at least 99.5% of the people who see this film will learn things they didn’t know about Obama. And that’s a good thing.

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2016 Denver get-together

Posted by Richard on August 23, 2012

*BUMPED*

The movie 2016: Obama’s America, based on Dinesh D’Souza’s best-seller, The Roots of Obama’s Rage, and produced by Gerald R. Molen, whose production credits include Jurassic Park, Rain Man, Minority Report, and Schindler’s List, is doing surprisingly well. According to Box Office Mojo, its 8/17-19 weekend numbers were the third-best per-screen average revenue of films showing in more than 1-3 theaters, and its revenue was up 292.3% from the previous week. In fact, on a per-screen basis it was right behind The Expendables 2.

Several Denver area bloggers and friends have expressed an interest in getting together to see it when it opens here on Friday, Aug. 24 (see this post and its  comments). The most likely locations are SouthGlenn (University and Arapahoe) and Denver Pavilions (16th Street Mall, downtown Denver). The SouthGlenn Stadium 14 theater has showings at 1:45, 4:30, 7:15, and 9:50. Denver Pavilions has showings at 12:20, 2:40, 5:05, 7:35, and 10:00. I’m leaning toward Denver Pavilions, either at 5:05 with dinner and/or drinks somewhere nearby afterwards (Lucky Strike? Corner Bakery Cafe? Maggiano’s? Hard Rock? Or…?) or at 7:35 with dinner and/or drinks before. Leave a comment about your preference if you’d like to join us. I’ll post some kind of final plan by Thursday.

UPDATE (Wednesday, 8/22): Denver Pavilions seems like everyone’s choice. Some of us have trouble making a 5:05 show on a workday, so I’m proposing Saturday instead — showtimes are the same as Friday. Join the discussion in the comments if you’re at all interested.

UPDATE 2: The success of the movie continues to amaze. For instance, see this Hollywood Reporter story. Also, check out Thomas Sowell’s review of the film, which he drove 30 miles to see in a packed theater.

UPDATE 3 (Thursday, 8/23, 11:15 PM): The plan I proposed in comment 15 is now the official plan:

  • Dinner at 5 PM at Sam’s No. 3, 1500 Curtis Street. Meet outside, enjoying a gorgeous Colorado day.
     
  • Movie at 7:35 PM at Denver Pavilions, about 6 blocks away (16th Street Mall shuttle available for anyone walking-impaired or wimpy).
     
  • If you want/need to be home before dark, you’re welcome to attend the 2:40 showing of the movie and then join us for dinner at Sam’s afterward and share your thoughts about the film.

I don’t think Sam’s accepts reservations, but if you’re planning to join us for dinner, RSVP in the comments. If the number of participants grows beyond 5-6, I’ll call them and check; they might in any case appreciate a heads-up about a larger party. Mention also whether you’re going to the 2:40 or 7:35 showing of the film.

Also, if you’re planning to attend the 7:35 show, you might want to buy tickets in advance either online or at the box office before heading over to Sam’s. You wouldn’t want to be turned away or end up sitting in the aisle like Tom Sowell (see UPDATE 2). 🙂

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How to become a pariah in the GOP

Posted by Richard on August 21, 2012

If you’re a Republican Congressman from Missouri named Todd Akin and you always wanted to become a pariah in your own party, here’s a good way to do it.

First, you decide to parley five relatively undistinguished terms in the House of Representatives (the highlights of which were your crusades against internet gambling) into a race for the Senate seat held by unpopular Democrat Claire McCaskill (who trailed the generic Republican candidate by 20 points).

Second, in a three-way race for the Republican nomination you eke out a bare plurality (34%-30%-30%) against two much better candidates, one of whom (State Treasurer Sarah Steelman) was endorsed by Sarah Palin. You win the nomination solely because it’s an open primary and Sen. McCaskill ran a bunch of ads urging her Democratic supporters to vote for you — whom she correctly perceived as the weakest candidate and the only one she stood any chance of beating.

As soon as you’ve secured the nomination, give an interview to a local TV station in which, incredibly, you argue that a woman’s body can tell the  difference between sperm from a “legitimate rape” and sperm from some other act, and will somehow stop the former from making her pregnant. To make this absurdity even more bizarre, claim that you learned it from doctors.

After every Republican leader from Mitt Romney to your colleagues in the House and Senate has denounced your remarks and demanded that you step down as the nominee, issue an apology for having “misspoken,” but insist that you’re going to remain in the race.

After every sentient Republican in the nation (and some not-so-sentient ones) has called on you to step down, argue that it was just a minor slip of the tongue: instead of “legitimate rape” you meant to say “forcible rape.” Don’t bother to address the more salient question of how you could possibly believe that a woman’s body can distinguish rape sperm from non-rape sperm. Or which doctors (if any) told you something so insane. Don’t bother to explain what the difference is between “forcible rape” and “non-forcible rape.” (Is the latter, in your mind, perhaps statutory rape? Maybe you think that the young adolescent female’s body is not yet capable of distinguishing and stopping the rape sperm?)

Notice that Public Policy Polling still shows you with a 1% lead over McCaskill (although the liberal polling organization managed that result only by polling 9% more Republicans than Democrats, apparently in an effort to persuade you to stay in the race). Let the deadline for stepping aside gracefully pass. Insist that you’re in the race to the end.

Come November, lose the election to McCaskill, who before you came along trailed by 20% and was almost certainly doomed to defeat. In the process, cost the GOP control of the Senate.

Congratulations, you incredibly ignorant and arrogant SOB. You’re now a pariah. The Samuel Mudd of the 21st century. Your kids may even change their last names.

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The lemonade stand that wasn’t visited

Posted by Richard on August 20, 2012

At Investor’s Business Daily, Andrew Malcom reported that the President’s three-day swing through Iowa didn’t go all that well. Crowds were small, and there were several flubs and embarrassing moments.

  • The Iowa farm with all the windmills that Obama likes turns out to be owned by a family that said there’s no way they’re voting for him.
  • The photo op at the state fair beer tent cost that business thousands when the Secret Service closed them down hours before the President’s arrival. And the owner of that business isn’t voting for Obama either.
  • At one of the Obama events, the caterer wore a “Government Didn’t Build My Business” T-shirt.

But Malcom thought the most important moment of the trip was something that didn’t happen in Marshalltown:

As the president’s big black armored bus began to waddle its way out of town along one of the leafy streets, a little girl was standing, up ahead. She’d set up a sidewalk lemonade stand, like thousands of kids across the heartland on hot summer days.

Many strangers, even non-parents, find it hard to drive by such genuinely small businesses without stopping to feign an immense thirst that can only be quenched by a 50-cent cup of tepid lemonade. And then, claiming a lack of change, they suggest the youngster just keep a dollar bill. It’s the way American adults encourage enterprise and independence in the next generation–and feel good about it.

Can you imagine the media coverage if a president of the United States, the most powerful man in the world, actually stopped his important, snaking motorcade on the spur of the moment to buy out a little girl’s pitcher of homemade lemonade? And perhaps demonstrate that one government official at least cares about helping a small business. Think that touching scene might make the news? Over and over and over?

Mitt Romney did just that during last fall’s New Hampshire primary campaign. And you should have seen the TV crews falling over each other for the shot.

As Obama’s huge ominous vehicle neared the little girl’s lemonade stand in Marshalltown, she fell to her knees. Perhaps in awe. More likely pleading.

But the president’s big black bus rolled right on by.

He waved through the tinted windows.

I’m surprised that he didn’t lean out of the bus to shout at the little girl, “You didn’t build that lemonade stand!”

(HT: David Aitken)

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2016 coming to Colorado

Posted by Richard on August 15, 2012

The controversial film 2016: Obama’s America will be released on August 17 in Colorado Springs and Pueblo and on August 24 in Grand Junction and various Denver metro area theaters (go here for details; select your own state for locations and dates near you).

2016 is based on Dinesh D’Souza’s best-seller, The Roots of Obama’s Rage, and is produced by Gerald R. Molen, whose production credits include Jurassic Park, Rain Man, Minority Report, and Schindler’s List.

Anita Crane wrote a pretty good overview of the film, D’Souza, and his premise that Obama is driven by the anti-colonialism he adopted from his father. Check it out. And go see the film!

UPDATE: Looks like some of us Denver-area bloggers (and friends) may get together to see this. Details TBD. Add a comment if you’re interested.

UPDATE 2 (8/21): The two most likely locations, SouthGlenn and Denver Pavilions, have finally posted schedules for Friday, 8/24. The SouthGlenn Stadium 14 theater has showings at 1:45, 4:30, 7:15, and 9:50. Denver Pavilions has showings at 12:20, 2:40, 5:05, 7:35, and 10:00. I’m leaning toward Denver Pavilions, either at 5:05 with dinner and/or drinks after or 7:35 with dinner and/or drinks before. See my new post and leave a comment there about your preference if you’d like to join us.

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Biden: Romney = return of slavery

Posted by Richard on August 14, 2012

After claims that “Romney took death squad money” and “Romney killed my wife,” I wondered what the Socialist Democrats would come up with next. Maybe they’d claim that “Romney is a space alien who wants to eat your babies”? No, not quite. I guess they’re saving that one for October. The latest over-the-top accusation came from Vice President Joe Biden. Bobby Eberle:

Is there anything shocking or surprising anymore from the Obama campaign? As I wrote yesterday, their campaign is to scare seniors, women, and minorities. That’s it… that’s the plan. And they will say or do anything to accomplish it. Just look at the outrageous comment made by Vice President Joe Biden…

Speaking at a campaign event hosted by the Center for American Progress Action Fund, Joe Biden told that audience that Mitt Romney and the Republicans will “put y’all back in chains.”

Check out the video at that link. You can’t tell the racial makeup of the audience, but for some reason Biden adopted a southern black accent reminiscent of (but less exaggerated than) the one Hillary Clinton adopted when she was quoting the spiritual “I Don’t Feel No Ways Tired” in a black church back in 2007.

Obama does the same thing. When he’s being interviewed by one of his media sycophants or holding a press conference, he speaks in the clipped manner of the typical Eastern liberal Ivy Leaguer. But when he’s addressing a blue-collar, no-collar, or predominately black crowd, he’s all drawl and “y’all.” Why don’t people find this condescending and insulting?

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Romney picks Ryan, shocking revelations begin

Posted by Richard on August 11, 2012

This morning, Mitt Romney introduced Wisconsin Rep. Paul Ryan as his vice presidential running mate. A few hours later, a Jaynesville, Wisconsin man declared that Ryan was responsible for the death of his wife when, as a college student, Ryan was driving the Oscar Meyer Wienermobile. “She was so distracted by the sight of that Wienermobile that she hit a telephone pole,” Adelbert Goopooch explained. “She was incapacitated for quite some time, had to give up her job, and took to drinking. Seven years later, while inebriated, she slipped in the bathtub, hit her head, and drowned. She’d be alive today if it weren’t for Paul Ryan.”

Early this afternoon, Sen. Harry Reid, an alleged pederast, announced that he’d received a phone call from someone who once attended a Ryan campaign event who assured him that Ryan had never in his life paid his taxes.

ABC News and MSNBC have launched independent investigations into rumors that Ryan once hired a lawn service that employed undocumented workers and that Ryan once owned stock in Staples and thus is connected to Bain Capital’s death squad money.

There is of course absolutely no evidence supporting any of these claims, but the seriousness of the allegations requires the mainstream media to treat them seriously.

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Bully, wimp, whatever…

Posted by Richard on July 30, 2012

The narratives of the left:

The strategy of the left: Throw whatever excrement you can come up with against the wall and hope something sticks.

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Romney at NAACP convention

Posted by Richard on July 11, 2012

Mitt Romney addressed the NAACP convention in Houston today. Every news broadcast in the free world featured the same 15-second clip of him vowing to get rid of Obamacare and the audience booing. Every news story about the speech featured some variation of “Romney booed.”

What most of the MSM aren’t mentioning is that he received applause on a number of occasions and a standing ovation at the end.

I doubt he picked up many votes. But he seems to have picked up quite a bit of respect. He showed up, he talked straight, and he didn’t pander. It was really a pretty strong speech, nicely delivered. If this is characteristic of his speeches, I’ve gotten the wrong impression from the short clips I’ve seen (via the MSM) and the few minutes of primary debates I watched. If this is characteristic, he’s easily a better communicator than the last three four Republican standard-bearers.

Watch the whole thing (25 minutes) here.

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Obama’s “Let them eat cake” moment

Posted by Richard on June 8, 2012

The President held a press conference today, and he didn’t do himself any favors re-election-wise. In an incredibly clueless answer to a question about the economy, he argued that “the private sector is doing fine” and the only problem with our economy is that the government sector isn’t big enough. Here’s the key minute:


[YouTube link]

He again called on the Republicans to pass his “Jobs Act,” which he said would create a million new jobs for construction workers, policemen, firemen, and teachers — in other words, more government workers and more workers on government construction projects — and he lamented that fact that governors and mayors weren’t doing enough hiring.

Plenty of Republicans have responded forcefully to this nonsense, including Governors Christie, Jindal, and Walker. I especially liked Jindal’s pithy observation that the Obama administration is “at the nexus of liberalism and incompetence,” and Scott Walker’s summation of the difference between the Socialist Democrats and the rest of us:

“There are two very different views in the country,” Walker said. “The current administration seems to think that success is measured by how many people are dependent on the government. I think success is measured by how many are not.”

To me, there’s a certain irony to Obama’s recent remarks on the economy. In addition to an insufficiently large government sector, he blames our economic problems on the problems of Europe. But this is the man whose quest to “fundamentally transform” America is a quest to make us more like Europe, with its abundantly large government sector. A lot of good that’s done them.

Well, at least the finger-pointing at governors, mayors, and Europe has led to less “blame Bush” rhetoric.

UPDATE: Ever since I heard the President say “the private sector is doing fine,” something in the back of my mind has been bugging me about that statement, but I couldn’t put my finger on what it was. Finally, it came to me — this isn’t the first time I’ve heard almost exactly that phrase. It was last October that Senator Harry Reid (SD-NV) said:

“It’s very clear that private sector jobs have been doing just fine.  It’s public sector jobs where we’ve lost huge numbers.”

I’ve got the whole story here.

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Obama’s “venture capital vampire”

Posted by Richard on May 27, 2012

The Obama campaign continues to hammer Romney for his association with Bain Capital, the private equity firm they portray as a “vampire” that profited from layoffs and plant closures. So Todd Shepherd at Colorado Peak Politics decided to play the ever-popular “sauce for the goose, sauce for the gander” game.

It seems that former Denver mayor Federico Peña, who is again this year (as in 2008) Obama National Campaign Co-chair, is every bit as much a “venture capital vampire” as R0mney. Since 2000, Peña has been a partner in the private equity firm Vestar Capital. Shepherd documented some of the recent Obama campaign contributions of Peña and Vestar managing director James Kelley. Then he highlighted some of Vestar’s layoffs and plant closures at the companies it acquired, like Del Monte Foods and Solo Cup Company.

To his credit, Shepherd pointed out that Vestar Capital isn’t a bunch of “evil corporate raiders.” Neither is Bain Capital. These firms serve a valuable purpose, rescuing ailing companies when they can and redirecting resources to more valued uses when they can’t. Their goal certainly is (and ought to be) to make money. But in the process, they improve the economy and make us all better off.

Inefficient, uncompetitive companies failing and factories shutting down are an essential aspect of economic growth and progress, leading to more wealth and better products, jobs, and living standards for all. If that idea is new or strange to you, read about Joseph Schumpeter’s concept of Creative Destruction.

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