SWHC – up 6% yesterday, up 11% this morning
RGR – up 3% yesterday, up 7% this morning
Unexpectedly!
Some Chicago Boyz know each other from student days at the University of Chicago. Others are Chicago boys in spirit. The blog name is also intended as a good-humored gesture of admiration for distinguished Chicago School economists and fellow travelers.
SWHC – up 6% yesterday, up 11% this morning
RGR – up 3% yesterday, up 7% this morning
Unexpectedly!
As usual. Richard Fernandez has a unique view of current events. He compares the present federal government to Boss Tweed’s Tamany Hall.
But in actuality the impetus for moderating political excess often comes from the elites themselves when mismanagement finally becomes so bad it threatens the survival of everyone.
Until things reach the point of failure mismanagement has the effect of leaving voters no alternative but content themselves with the opposition party. Republican voters may have been disappointed and outraged at the perceived sellout by a Paul Ryan-led Congress to the Obama administration. “It was another Republican “compromise” meaning Democrats got every item they asked for,” said the Drudge Report.
Paul Ryan has engineered a “compromise” with Democrats that gives them everything they wanted.
Today, he defended it on Meet The Press.
And in divided government you don’t get everything you want. So we fought for as much as we could get. We advanced our priorities and principles. Not every single one of them, but many of them. And then we’re going to pick up next year and pick up where we left off and keep going for more.
Is this true ? I doubt it.
Without adopting stringent policies such as the Kyoto treaty or cap-and-trade, the United States, the largest economy in the world, has the distinction of being the only country in the world to significantly reduce its greenhouse gas emissions. That’s why, in his address to world leaders at COP21, President Obama was able to tout that the “advances we’ve made have helped drive our economic output to all-time highs, and drive our carbon pollution to its lowest levels in nearly two decades.”
The free market, that Obama and his minions are working to destroy, again bails him out politically.
My daughter was nearly ten years old, in that Christmastime of 1990. I was stationed at Zaragoza AB, in the Ebro River Valley of Spain, which was serving as one of the staging bases in Europe for the build-up to the First Gulf War … the effort to liberate Kuwait, which Saddam Hussein seemed to believe that he had a perfect right to occupy, loot and exterminate those opposing him in that small matter. But this is not about that war, particularly only as it affected those of us located far along the haft of the military spear towards the sharp and pointy end.
Zaragoza was a long-established US base in Spain by then sufficiently long enough to have grown up a second generation of children born to American servicemen and their Spanish wives. It was sufficiently well-established to have a fairly modern on-base school, which housed the elementary classes in one wing, and the high school in the other. My daughter started there in kindergarten, the very week that we arrived, in 1985, to the day that we departed, six years later, when she started the sixth grade. It was a safe posting, especially considered after my previous assignment to Athens, Greece, where terrorism aimed at American personnel and at the base generally was accepted grimly as an ongoing part of life, like hurricanes along the southern coasts.
Barack Obama is the least accomplished person to be elected president in American History. His “accomplishments” in office include spending trillions of dollars on worthless energy boondoggles and introducing a health plan that is collapsing under its own contradictions. The plan was sold, sort of, to the American people with lies like, “If you like your health plan you can keep it” and others similar in misdirection.
His initiatives in foreign policy included a “Reset” with Russia, now long gone. He supported a Muslim Brotherhood regime in Egypt after removing support for a long term US ally in Mubarek. He has presided over a ridiculous nuclear proliferation plan with US enemy Iran that is already collapsing. He abandoned Iraq only to see the appearance and growth of ISIS, a worse manifestation of the Sunni revolt ended by George Bush with the Surge.
The list of Obama’s failures is long and distinguished. The question now is, is he losing his mind ?
Is it now time to invoke Section 4 of the 25th Amendment?
Has our president officially lost his ability to discharge the powers and duties of his office?
Anyone who listened to President Obama speak to reporters in Paris on Tuesday would reasonably conclude it is high time to start drawing up the papers to transmit to Congress for his removal.
If you are one of the millions and millions of literate Americans out there who have simply tuned this president out the past three or four years, that is certainly understandable. But if you tuned in to the long, rambling, empty press conference, you would have been truly alarmed.
Without the use of the teleprompter, his speech can be described only as “halting.” It was impossible to count the number of times he seized up, able to deaden the silence with only a drawn-out “uh,” “um” or “ahhh.”
I tried to find an embeddable video of that speech but there is not one available.
It took the doddering president 47 minutes and over 5,000 words to answer just six questions. And by “answer,” I simply mean he unspooled a torrent of disjointed words and broken sentences.
Part of the looniness of it all stemmed from the giant scam he and other world leaders are trying to put over on advanced countries, punishing them for their industriousness by redistributing billions and billions of dollars from hardworking American taxpayers and handing it over to tin-pot dictators in disheveled Third World countries.
“You go down to Miami, and when it’s flooding at high tide on a sunny day fish are swimming through the middle of the streets,” he said at one point. As if this were some kind of evidence that high tides or flooding are somehow caused by global warming.
Never mind that a) the argument makes no sense; and b) local media refuted the canard.
But President Obama’s fevers went well beyond global warming hysteria.
Asked about the “mass shooting” where a nut job shot three people at a Colorado abortion clinic, President Obama once again became exasperated with the American people.
“I say this every time we’ve got one of these mass shootings: This just doesn’t happen in other countries.”
He actually said this. In Paris. Not three weeks after gunmen mowed down 129 people enjoying freedom in the French capital.
What is going on ?
I think Al Gore went psychotic after losing the 2000 election. Before the election, I considered him approximately the equal of George Bush, who I was not that impressed with. I supported McCain in 2000. After the election, Gore got weird, not just in his fixation on climate “change” which predated the election and seemed a relatively harmless delusion shared by many. Until the revelations of the UEA emails and computer comments, I was just skeptical. Gore’s wife left him and he just got more and more strange.
Narcissistic personalities need feeding with some semblance of success. Looking at Donald Trump and his wild boasting shows one example but he has made billions in real estate and that must support his self love.
What is happening with Obama ? He came from nowhere and was given almost everything he accomplished with little effort on his own part. He did not even work to pass legislation that he is credited with.
Several months before Obama announced his U.S. Senate bid, Jones called his old friend Cliff Kelley, a former Chicago alderman who now hosts the city’s most popular black call-in radio program.
I called Kelley last week and he recollected the private conversation as follows:
“He said, ‘Cliff, I’m gonna make me a U.S. Senator.’”
“Oh, you are? Who might that be?”
“Barack Obama.”
Jones appointed Obama sponsor of virtually every high-profile piece of legislation, angering many rank-and-file state legislators who had more seniority than Obama and had spent years championing the bills.
None of this was his doing. It was handed to him.
Objections to his policies are met with accusations of racism by his supporters. I see very few examples of serious debate on his policy.
Now everything is collapsing. His “Climate” initiative is a fake and almost everyone knows it.
What next ? It is worrisome.