Email Message
This form does not yet contain any fields.
    What this site's about

    This site is about libertarian ideas, politics, economics, government, freedom, property rights, entrepreneurship, innovation, objectivty and other such stuff important to humans. I uphold libertarian principles and believe wholeheartedly in minimal government, or no government if it would work -- this blog explains why.

    Below is a link to a petition to Audit the Fed -- please sign the petition:

    Audit the Fed

    Bookmark and Share
    Blog Ratings
    Libertarian reading suggestions
    « State under attack | Main | Political class mania II »
    Tuesday
    Aug092011

    Morning Joe 8/9/2011 -- Executive power

    I didn't get to catch very much of Morning Joe today, but what I did watch was disturbing. Joe Scarborough has given up defending the limited government conservatives from blame for the S&P downgrade. Now the crew is saying that even if it is fault of the "Tea Party", Obama should call congress back into session and "do something big". The regulars, Joe, Mika, Willie and Mike, lamented that Obama is not acting tough and pushing his agenda through, and they advise him to stop blaming others, even if it is their fault, and start twisting arms and cracking heads until he can get tax hikes and entitlement reform.

    After the regulars had their say, they called in the man who matters most in a crisis when top-notch political analysis is required -- Eugene Washington. Washington has a column out blaming Republicans for the downgrade -- that's his analysis. They also want a big jobs program. It doesn't matter what Obama does, as long as it's big and gives the impression that government can get things done.

    We're in the crisis because government has done too much, yet at Morning Joe the rallying cry is "Do more, and do it big!" Dissatisfied with the rate of statist intervention and subsequent crises, the Morning Joe crew urges the President to move us quickly into financial collapse -- well, "financial collapse" is my take.

    One of the ironic moments on today's show was a clip of Barney Frank criticizing S&P for not catching the housing crisis, a day after Fannie and Freddie were downgraded. Of course Frank was up to his thick neck in the housing crisis, and if S&P is such a discredited credit rating agency, why has government chosen them to be one of the few government appointed credit rating agencies. Un-freaking-believable.

    Reader Comments

    There are no comments for this journal entry. To create a new comment, use the form below.

    PostPost a New Comment

    Enter your information below to add a new comment.

    My response is on my own website »
    Author Email (optional):
    Author URL (optional):
    Post:
     
    Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>