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The ghost of Keynesians past
PJ Media, by Richard Fernandez

Original Article

Posted By:Hazymac, 12/30/2013 5:55:09 PM

A few months ago the Atlantic explained why no one should oppose extensions to unemployment insurance. The unemployed were jobless through no fault of their own. There were three applicants to every job but not enough jobs. There wasn’t enough demand for labor. The labor market was “broken,” it explained. What was needed was to create a demand for jobs. At least they never went as far as to suggest what Nancy Pelosi adventured: that unemployment insurance was itself a form of employment. (Snip) Wow! It’s that simple. In answer to the question of where the money was going to

Comments:
If Medicaid (which is bankrupting several states) doesn´t greatly expand, Obamacare is gone. Of course, expanding Medicaid was the main tacit goal of this power grab by the government. In California 70% of resident physicians are refusing to be used by Obama and Sec. Sebelius´s bureaucrats, That´s a good start. Civil disobedience worked well for civil rights activists between 1955 and 1968. It´s a tactic that will work against the Obamaite "credit card" statists trying to maintain their political status and power while nationalizing whatever essential that they can. Throw them in the can.

      


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Reply 1 - Posted by: 4Justice, 12/30/2013 6:24:15 PM     (No. 9673354)

I wonder how many people know that Keynes used to hang out with radical communist artists and gays (I am not making a slur on gays here either...I am just mentioning that he was hanging out in the radical leftist gay community of Europe, that´s all, not only because of the politics of the time but also to show that he identified with the people on the fringe of society at the time)

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Reply 2 - Posted by: virbots, 12/30/2013 7:10:32 PM     (No. 9673410)

The solution to "too many applicants, not enough jobs" is to lower the minimum wage or eliminate it. A law *intended* to help the very people they hurt the most.

Price controls have been tried since the dawn of civilization and they *never* work. The Code of Hammurabi, etched in stone in 1772 B.C. by the Ancient Babylonians, is little more than a long litany of price controls.

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Reply 3 - Posted by: steph_gray, 12/30/2013 8:54:55 PM     (No. 9673507)

FTA: It turns out there isn’t unlimited free money.

D´oh!

Don´t you just hate it when that happens, Keynesian fools? (I´m talkin to you Krugman!)

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Below, you will find ...

Most Recent Articles posted by "Hazymac"

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Most Active Articles (last 48 hours)




Most Recent Articles posted by "Hazymac"



The emperor has no clothes
PJ Media, by Richard Fernandez    Original Article
Posted By: Hazymac- 2/7/2014 11:47:16 AM     Post Reply
In late January, 2014 four former US ambassadors to the Ukraine penned an open letter in the New York Times. In it they asked the leaders of the West to stop Ukrainian president Yanukovych while restraining immoderate actions from the opposition. (Snip) All on the back pages, yet taken together one can adventure the thought that a comprehensive failure has overtaken the foreign policy of Barack Obama. The irony is that Obama campaigned on the platform of “smart diplomacy”. But as things have turned out he was smart only in his own mind. Under his watch the 70 year old

Possible record-setting python
killed in Miami-Dade County
CBS News [Miami, FL], by Staff    Original Article
Posted By: Hazymac- 2/5/2014 4:06:06 PM     Post Reply
MIAMI-DADE COUNTY – A giant python that was found and killed Tuesday may be the largest python ever caught in the state of Florida. The man who killed the python, Bobby Hill, was on a levee 5 miles north of Tamiami Trail just west of Krome Avenue when he came across the 18-foot, 2-inch snake on the levee. Hill, who gets rid of the pythons for a living, shot and killed the massive snake. The body is now on its way to the University of Florida to be studied, which is where a lot of the pythons caught and killed

The word is our oyster
PJ Media, by Richard Fernandez    Original Article
Posted By: Hazymac- 2/5/2014 1:58:11 PM     Post Reply
The companion piece to Spengler’s article on the bone-tiredness of the US economy is SFGate’s upbeat story on “funemployment”. While Spengler worries that the US economy is losing steam, SFGate says: don’t worry, be happy. (Snip) But maybe the problem with the modern world is that we’ve become too reliant on words; too dependent on spin. We’ve defined war, al-Qaeda and even unemployment out of existence. And we’ve redefined UKIP and Japan into modern day Hitlers. Therefore the problem is solved. Is it really? The description formerly applied to those who had lost contact with reality was “mad”. Who was

   

 

  


 
The exhausted US economy,
and a lesson for Republicans
PJ Medeia, by David P. Goldman    Original Article
Posted By: Hazymac- 2/4/2014 12:04:03 PM     Post Reply
When employment hit an air pocket in December, most analysts brushed off the dreadful jobs number as an anomaly, or a function of the weather. They chose to believe Ben Bernanke rather than their lying eyes. (Snip) The Fed has insisted throughout that the treatment was working and the patient was getting better. Americans know better: in late January, 74% of respondents to a Fox News poll said the country still was in recession. Republicans have a once-in-a-generation opportunity to roar back to power given the miserable performance of the economy on Obama’s watch. But they still could fall on

Mohammed versus the Mountain
PJ Media, by Richard Fernandez    Original Article
Posted By: Hazymac- 2/4/2014 12:39:21 AM     Post Reply
The first quarter of 2014 is shaping up like this: the Obama administration is going entirely on the defensive. Its domestic goal will be to stave off the emerging counterproposals to Obamacare, which is clearly in trouble. Internationally the administration will try to save its Iran nuclear nonproliferation deal, together with its linked handmaiden, the Syria policy. (Snip) The administration is finally coming to the realization that the glory days of “fundamentally transforming America”, of rolling victoriously across the steppe runnng down Republicans in its path are over. The consequences of its errors are now hemming it in on every

What´s the buzz? It´s all about Charlie
Tampa Tribune, by John Grant    Original Article
Posted By: Hazymac- 2/2/2014 6:14:22 PM     Post Reply
When I was first elected, one of the first lobbyists to darken my door was a highly paid man who was lobbying for “highway safety” in Florida. He said he was representing a nonprofit group concerned that the recent conversion of highway signs to metric was a safety hazard as people took their focus off the highway to figure out how far 50 kilometers was. I was curious and did a little research. It seems this group was heavily funded by the company that sold the reflective paint for the highway signs. No wonder they were suddenly concerned with safety.

Pete Seeger: A Mean-Spirited
and Vengeful Recollection
PJ Media, by David Goldman    Original Article
Posted By: Hazymac- 2/1/2014 5:26:49 PM     Post Reply
I first heard Pete Seeger perform when I was five or six, when I was a red-diaper baby and he was blacklisted and drunk. What I recall most about the encounter was that the tip of his needle-nose glowed bright red. He was performing for a children’s group of some sort at a time when his Communist background kept him out of public venues. His records — not just the Weavers albums, but the early Asch 78´s of the Almanac Singers — were daily fare in my home, along with Woody Guthrie’s children’s songs. My parents knew Guthrie casually; my

The road to hell
PJ Media, by Richard Fernandez    Original Article
Posted By: Hazymac- 1/30/2014 11:03:27 AM     Post Reply
Max Boot notices that although “President Obama’s State of the Union included the following pledge: ‘Here at home, we’ll keep strengthening our defenses and combat new threats like cyberattacks. (Snip) War is no more. The lawyers have simply defined it out of existence. After all, if you don’t go to Congress for authorization, where’s the war? It is a condition of what used to be called strategic mindlessness. But this time it’s a bug, not a feature. It’s not just Max Boot and Kevin Baron who’ve noticed that the cat has gone away. The rats know it too. Pyongyang is

   

 

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Medical marijuana ballot called
´plan´ to help Crist beat Scott
Tampa Tribune, by William March    Original Article
Posted By: Hazymac- 1/24/2014 1:19:00 PM     Post Reply
TAMPA ­­— Some Florida Republicans fear, and some Democrats hope, that a November referendum on legalizing medical marijuana in Florida will drive young and liberal voters to the polls, helping Democratic candidates including gubernatorial challenger Charlie Crist. The initiative, still not certified for the November ballot, is generating charges of political motives from both sides. Some Republicans call it an expensive ploy by Crist´s backers to help him win. “It is no coincidence that Charlie Crist´s law partner and biggest supporter, John Morgan, is financing medical marijuana,” said Gainesville-based GOP consultant Alex Patton. “It´s a plan.” Some Democrats, meanwhile, say

Unfinished business
PJ Media, by Richard Fernandez    Original Article
Posted By: Hazymac- 1/24/2014 10:44:56 AM     Post Reply
“Yes, Marcus. They died in vain.” Thus begins Jim Ghourley’s column in Foreign Policy. (Snip) By now we expect Obama to lie; lie for the sake of lying; misrepresent for the heck of it, even when the truth can safely be admitted in candor; to spit in the soup for no reason that even he can think of. And nobody’s mad at Obama. For they know the truth. It isn’t Obama that is frightening since he’s just being himself. It is the circumstance that 50% of the electorate wanted him — and may want him still — that is absolutely

Justin Bieber arrested on drunken
driving, resisting arrest charges
CNN, by Alan Duke    Original Article
Posted By: Hazymac- 1/23/2014 12:07:57 PM     Post Reply
Justin Bieber was charged with drunken driving, resisting arrest and driving without a valid license after police saw the pop star street racing Thursday morning, Miami Beach police said. "What the f*** did I do? Why did you stop me?" Bieber told the police officer who pulled him over just after 4 a.m., according to the arrest report. Bieber, 19, was booked into a Miami jail after failing a sobriety test, Miami Beach Police Chief Raymond Martinez told reporters Thursday. Bieber "made some statements that he had consumed some alcohol, and that he had been smoking marijuana and consumed some prescription medication," Martinez

The Nonsolution
PJ Media, by Richard Fernandez    Original Article
Posted By: Hazymac- 1/17/2014 5:41:46 PM     Post Reply
Readers will note that President Obama’s announced NSA “reforms” to exempt foreign leaders, delegate the storage of phone records to a non-NSA entity and add more lawyers to the process of accessing communications records substantially follow the recommendations of Cass Sunstein as laid out in the document Liberty and Security in a Changing World. These recommendations were analyzed in the post The Black Chamber. Do they help? I wrote that they did not. They do nothing to reduce the main source of danger, which is the close relationship between domestic intelligence gathering and law enforcement. Sunstein’s recommendations don’t really fix



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James Carville joining
Fox News as contributor

42 replie(s)
Fox News, by Staff    Original Article
Posted By: KarenJ1- 2/6/2014 6:33:56 PM     Post Reply
Veteran Democratic strategist James Carville has been hired as a Fox News contributor. ADVERTISEMENT The former Bill Clinton adviser will join the network to provide political commentary. Bill Shine, executive vice president of programming, announced the move on Thursday. "James´ successful and storied career in politics over several decades is an enormous asset to Fox News," Shine said. "We are privileged to have him lend his breadth of experience, wit and dynamic perspective on the network." Carville helped lead Bill Clinton´s successful 1992 presidential campaign; he continued to serve as a senior political adviser in the Clinton White House. Carville went on to work as

   

 

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CNN Poll: Pathway to citizenship
trumps border security

41 replie(s)
CNN, by Paul Steinhauser    Original Article
Posted By: StormCnter- 2/6/2014 6:02:16 PM     Post Reply
Washington - Americans overwhelmingly favor a bill that would give most undocumented immigrants a pathway towards citizenship, according to a new national poll. And a CNN/ORC International survey also indicates that a majority of the public says that the government´s main focus should be legalizing the status of the undocumented rather than border security. The poll was released Thursday, the same day that House Speaker John Boehner signaled any action on immigration is unlikely this year because House Republicans don't trust President Barack Obama on the issue. According to the poll, 54% say the top priority for the

Bill Henck: Inside the IRS
36 replie(s)
Power Line, by Scott Johnson    Original Article
Posted By: previouslyon24- 2/6/2014 12:13:09 PM     Post Reply
As noted at the top, William Henck has worked inside the IRS Office of the General Counsel as an attorney for over 26 years. Although it goes over some old ground, we submit the following personal account by Mr. Henck for the consideration of readers in the context of current controversies without further comment. He writes: I have been an attorney in the IRS Office of Chief Counsel for over 26 years. Over a number of years, I have attempted, largely unsuccessfully, to alert the public to abuse within the IRS.

Colin Powell: ‘Elements’ in GOP
‘Demonize People Who Don’t
Look Like the Way They’d Like’

34 replie(s)
Mediaite, by Noah Rothman    Original Article
Posted By: Desert Fox- 2/7/2014 5:21:15 PM     Post Reply
Appearing on MSNBC, former Secretary of State Colin Powell savaged the Republican Party of which he says he is still a member for catering to “elements” that are overtly hostile to people of other races or nationalities. Powell told MSNBC’s Andrea Mitchell that there are groups within the GOP who “demonize people who don’t look like the way they’d like them to look.” He added that, for this reason, he believes the GOP needs him more than the Democratic Party needs him. Speaking with Mitchell about the need for immigration reform, Powell said that reforming the system was critical. “We are

You cannot Just say No to the
Obamacare race questionnaire

31 replie(s)
Legal Insurrection, by William A. Jacobson    Original Article
Posted By: Pluperfect- 2/6/2014 5:48:42 AM     Post Reply
The image below was sent to me by a reader who went for a visit to a physician, and was told that she could not be seen unless she filled out this race and ethnicity questionnaire, and put her name on the form. She initially refused, but they insisted that it was required or she could not see the doctor. The form does indicate that it is mandatory under Section 4302 of Obamacare. Section 4302 is explained by HHS as follows: Overview of Section 4302 of the Affordable Care Act The Affordable Care Act (ACA) includes several provisions aimed at eliminating health disparities in

Wendy Davis Supports Open Carry Law
31 replie(s)
Associated Press, by Jim Vertuno    Original Article
Posted By: StormCnter- 2/6/2014 10:16:06 AM     Post Reply
AUSTIN, Texas — The Wild West tradition of openly carrying your six-shooter on the street has long been banned in Texas under state law. But the next governor could change that. Rising Democratic star and gubernatorial candidate Wendy Davis has joined her top Republican rival in supporting a proposed "open carry" law. It would allow people with concealed handgun licenses to wear a pistol on their hip, in full view, while in public. Davis has said she supports expanding gun rights in Texas. In a statement to The Associated Press, she said that includes open-carry — a position that puts her at

   

 



 
Here´s Why Your Fried Chicken
and Watermelon Lunch Is Racist

31 replie(s)
Atlantic Wire, by Arit John    Original Article
Posted By: MissMolly- 2/7/2014 10:41:03 AM     Post Reply
A private girls´ school in Northern California wanted to incorporate Black History Month into lunch time, so it decided to serve fried chicken, watermelon, and cornbread. As the Associated Press reports, school officials are apologizing because that was a really, really horrible idea. The school´s principal wrote a letter to parents, who were offended, and said the school doesn´t "perpetrate racial stereotypes." Unfortunately, that´s exactly what they did. In honor of Black History Month, we´d like to explain exactly why your fried chicken and watermelon lunch is ill-advised, with the hope that people will find better ways to honor this

Specter of welfare state jolts Democrats
30 replie(s)
Washington Times, by Dave Boyer    Original Article
Posted By: Dreadnought- 2/5/2014 10:26:53 PM     Post Reply
The White House and congressional Democrats tried to limit the fallout Wednesday from the politically damaging conclusion in a Congressional Budget Office report that the Obamacare entitlement creates a major incentive for some people not to work. While some critics focused on a finding by the CBO that Obamacare will result in 2.5 million fewer workers over a decade, conservatives said the bigger fundamental issue highlighted in the report is one familiar to the welfare state — that taxpayer-funded government subsidies provide disincentives for full-time work. “People used to be stuck in jobs because they needed the health insurance,” said

Paul Ryan Is the Odds-On Favorite to
Win the Republican Nomination in 2016

30 replie(s)
Mother Jones, by Kevin Drum    Original Article
Posted By: StormCnter- 2/7/2014 10:52:03 AM     Post Reply
There´s been a lot of blathering about who the front-runner for the 2016 Republican presidential nomination is, and so far I´ve resisted taking part. But I guess I´m kind of curious: Is there much of a case to be made for anyone other than Paul Ryan? On the substantive side, Ryan sure seems like he´s setting himself up for a run. There´s his steady series of "unheralded" anti-poverty outreach trips that always manage to be just heralded enough to get sympathetic press coverage. He brokered a budget deal with Patty Murray that was businesslike and low-drama but didn´t alienate the tea

Girl Scout Cookiecott
Breaks Out All Over

27 replie(s)
Breitbart´s Big Journalism, by Austin Ruse    Original Article
Posted By: KarenJ1- 2/7/2014 2:40:06 PM     Post Reply
The national boycott of Girl Scout cookies is inundating the group leading it. John Pisciotta, the boycott leader and director of Pro-Life Waco, tells Breitbart News his phone is “ringing off the hook.” What started at Breitbart News has now been reported by hundreds of media outlets large and small all across America. The Associated Press picked up on the story on February 4, and since then the report has been carried by FOX News, Huffington Post, Washington Post, Bloomberg/BusinessWeek, ABC, MSN, NPR, and Yahoo. Additionally, US News and World Report, AOL/HuffPoLive, and CBS DC/Washington have all run original stories on Cookiecott

Cher’s son Elijah Blue Allman
opens up about heroin addiction,
says drug use began at 11

26 replie(s)
New York Daily News, by Kirthana Ramisetti    Original Article
Posted By: JoniTx- 2/6/2014 1:17:02 PM     Post Reply
In the wake of Philip Seymour Hoffman’s untimely death, Cher’s son Elijah Blue Allman is among the celebs going public about their struggles with substance abuse. Allman, son of Cher and her second husband rock musician Greg Allman, spoke to Entertainment Tonight Tuesday about his former drug use, which began at a young age. "I started with drugs around the same time that we all did, around 11,” Allman said. “I mean it´s just what you did, it´s just what everybody did.” He added that he started off using marijuana and ecstasy, then later began abusing harder drugs like heroin.

Retreat: Obama Admin May Extend
Plans Canceled by Obamacare
for 3 Years

26 replie(s)
Mediaite, by Noah Rothman    Original Article
Posted By: JoniTx- 2/6/2014 9:52:13 PM     Post Reply
This is either a glaring admission of defeat from the White House or… no, that’s really all it could be. After weeks of defending the cancellation of health plans insurers discontinued in 2013 in order to comply with the Affordable Care Act’s coverage mandates, the White House announced in November of last year that it was urging insurers to reinstate those plans. The catch was, of course, that most insurers would be unable to turn on a dime and reinstate those plans. Furthermore, the administration allowed individual states leeway to determine whether or not they would even allow insurers to reinstate

   

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