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Does anyone still maintain that these people are not socialists? Barney Frank with today’s giant lurch towards collectivism:
Congress will consider legislation to extend some of the curbs on executive pay that now apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney Frank said.
“There’s deeply rooted anger on the part […]

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Note that if you want to excuse her gaffe as “mis-speaking” you have to be on record as giving George W. Bush the exact same benefit of the doubt, or you are a partisan hypocrite..

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A couple of quick links since I don’t have tie to write them up properly:
The scariest graph you will ever see.
Live Free or Drown, a Wired article about seasteading. I’m really into the Seasteading concept, even before I read this article and learned that the Patri Friedman behind the project is the son of […]

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A tax cheat is now head of the IRS.
Timothy F. Geithner was sworn in as secretary of the Treasury on Monday evening, confirmed by a Senate majority that concluded that his experience in government and finance outweighed concerns about recent disclosures of some $34,000 in past tax delinquencies.
Don’t allow this to lead you to believe […]

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When Barack Obama makes his New Year’s resolutions, at the top of his list ought to be the following: “I will not allow America to become New Jersey.”

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The story of the second-biggest* Ponzi scheme in history keeps getting more and more interesting.
A hedge-fund manager friend called last night to talk about Madoff. He wanted to talk about just how ugly the unraveling of the Madoff saga was likely to get. And if the first name on his lips was (obviously) Madoff, the […]

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The terrific PJ O’Rourke has a great article in the Weekly Standard entitled We Blew It. It’s complete genius and I urge you to read the entire thing.
My favorite bit:
What will destroy our country and us is not the financial crisis but the fact that liberals think the free market is some kind of […]

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This particular supporter seems to have not gotten the memo about Obama not being a socialist.

UPDATE: Compare and contrast.

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Original here.

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So does anyone still maintain he is not a socialist after listening to that?
Here’s a transcript of the money quote (emphasis mine):
If you look at the victories and failures of the civil rights movement and its litigation strategy in the court. I think where it succeeded was to invest formal rights in previously dispossessed people, […]

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The New York Times revealed something interesting about their editorial borad’s thought processes in their long expected Obama endorsement.
Mr. Obama is clear that the nation’s tax structure must be changed to make it fairer. That means the well-off Americans who have benefited disproportionately from Mr. Bush’s tax cuts will have to pay some more. Working […]

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I no longer care who winds this election at all. Both sides are just going to make the government bigger and bigger, and neither has a clue about what to do to get through the economic situation.
Ten minutes into the debate, when Palin blamed “predatory lenders” for the economic problems without mentioning Fannie Mae’s […]

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Great explanation of how we got into this mess. 10 minutes and you will understand the root cause of the current crisis.

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Listen to this man! He knows what he is talking about!!

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Who’s responsible for the giant freedom destroying bailout we apparently are going to have shoved up our collective tailpipes? According to this Bloomberg commentary, it’s our old friends the Democrats:
It is easy to identify the historical turning point that
marked the beginning of the end.
Back in 2005, Fannie and Freddie […]

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Productive worker with questionable personal life seeks capitalist country with limited constitutional government.
Does anyone know where I could find one?

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Great sum-up of the speech here.
Despite the Clinton years, the Democrats seem to be stuck to some considerable degree in the 1970s and this speech would have been better given at the 1972 convention. Back then we really were isolated because of a war, faced unfriendly governments even in the West, had genuine economic problems […]

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John Tierney has an article up about Ray Kurzweil, futurist and author of The Singularity Is Near. If you agree with his ideas, as I do, it will change the way you view both the future and the present.
Here’s an excerpt to whet your appetite, but by all means, I implore you to read […]

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