Too Big To Fail

Last night the federal government quietly bailed out mega bank, Citi-Group.

Wasn't Citi-Group just involved in a legal battle with Wells Fargo over the right to acquire Wachovia?

Citi-Group, too big and too stupid to fail.

Schism

There seems to be now a rift developing in the Republican ranks between the moderate and conservative wings of the party.

The following is comment I found on a friend's blog post concerning the future of the Republican party:

Hey what about Charlie Crist. He would get my vote. Long live the moderates!!
BTW. I firmly believe that if McCain had chosen Joe Lieberman rather then Palin he wins. Palin was clearly the choice of the RNC rather then McCain in my opinion. He lost because he chose to cave into the party and go right rather then stay center. I can name several Big Liberal who would have voted for a McCain Lieberman ticket rather then Obama.

While I respect this opinion because Republicans do need moderates in their ranks, I generally disagree with the conclusion that the party needs to essentially move to the left in order to be successful. The other school of thought, reflected by the above cartoon, is the camp that I find myself in moving forward.

The solution to this rift will be the ability of the party to rally behind a compelling leader who appeals to both moderates and conservatives. Someone competent who is yes, a conservative, but is not seen as someone who is necessarily on the far right.

I think we can all agree that a Democrat-light like John McCain, was clearly not the answer. After all, if you run a Democrat against a Democrat, the Democrat wins every time.

Real Leadership

We haven't heard word one about what to do with the American Auto industry from "the one" but there are those who know what to do with the big three.

Rubbing raw the wounds

Just when I start to think that Mike Huckabee might be worthwhile, he begins to unravel and undermine any notion that he has something positive to contribute to the conservative movement.

The Huckster is on a book tour now bashing Mitt Romney again. And in a way Huckabee is the perfect foil for Romney. For all Romney's class and dignity, Huckabee is petty and classless. For all of Romney's patient logic, Huckabee is highly emotional and illogical. Who knows, if not for the collusion of McCain and Huckabee conspiring to destroy Romney in the Republican Primary, we may now have a president who actually knows something about the economy heading into this recession. Would have, could have, should have.

There is no point in rehashing the Republican Primary now. I've attacked Huckabee many times on this blog but even I tire of thrashing anyone who still wants to regard themselves as conservative. So I won't say any more about Huckabee other than to point out why his attacks against Romney are so laughable, namely this: All of Romney's criticisms of Huckabee, which occurred early on in the primaries and went away as soon as Huckabee became irrelevant, are provably true (that he raised taxes as Governor, for example). The converse also applies: All of Huckabee's attacks against Romney are provably false (that Romney is responsible for gay marriage in Massachusetts).

Mike Huckabee does himself a disservice by continuing to attack Romney simply because he's still smarting from Romney's legitimate and substantive attacks that were made nearly a year ago now. Think about this, would Huckabee be reacting this way still if Romney's attacks were baseless? People don't respond this vigorously to ridiculous and blatantly false accusations. It's precisely because Romney's critisms of Huckabee hit home so effectivley that the Huckster can't let this go.

Notice how Romney ignores Huckabee? That's the appropriate response to attacks that are not worth the time of day.

a brave new world

Tonight America elected a platitude.

The mantras "Hope & Change", and "Yes we can" are neither policies nor principles.

What concrete set of principles does Obama stand for?

Obama stands for himself and his cult of personality.

He's the one he's been waiting for.

5 Reasons

Five reasons to vote against Obama?

Only five?

I could give you 50, no problem.

1. He wants to tax working Americans back to the Stone Age. He lies when he says he will cut taxes for 95 percent of Americans. You know its nonsense because they can’t keep their numbers straight from hour to hour. Obama claims everyone making under $250,000 is safe, or is it $200,000 (the infomercial) or $150,000 (Joe Biden)? On Friday, Gov. Bill Richardson cut it to $120,000.

Oh what a tangled web we weave. The fact is, the wealth-spreaders have vowed to do away with the Bush tax cuts. So everybody who pays any income taxes is going to take a hit. Plus, the friends of ACORN also plan to get rid of the cap on Social Security withholding taxes. That means everyone who makes over $102,700 will be slaughtered. I don’t have room to talk about capital gains.

2. The federal courts. In that famous 2001 Chicago radio interview, Obama wistfully talked about the need for the Supreme Court to break free from the essential constraints that were placed by the Founding Fathers in the Constitution. You know, those pesky constraints that make us a nation of laws, not governed by the whims of the Friends of Obama, or Jeremiah Wright. You think Breyer and Ginsburg are beyond the pale? Obama’s crowd thinks they’re too conservative.

3. Teach the Obama-worshipping bumkisser media a lesson. Have they ever been more in the tank for anyone? They’re all worried about the Patriot Act and terrorists’ rights at Gitmo, but they had no problems printing flat-out lies about Sarah Palin. More recently, they took handouts from Obama thugs in Ohio on Joe the Plumber’s tax liens, divorce problems, child-support payments etc. - worse violations of privacy rights than anything that’s happened under the Patriot Act. But who cares - Joe the Plumber is just a typical white person.

3. The character of Barack Obama. You can always tell a Harvard man, but you can’t tell him much. He lectures you that your kids will have to learn Spanish - your kids, not his. He’s always railing about economic justice, but his illegal-alien aunt lives in poverty in Southie. Hey Barack, I thought charity began at home. Like John Kerry and Joe Biden, he doesn’t believe in donating to charity. Obama is a classic liberal hypocrite: He’ll give anybody the shirt off your back, not his.

4. Michelle Obama. Another pampered semi-literate Ivy Leaguer who still considers herself a victim, even with her $360,000-a-year job as diversity coordinator at a Chicago hospital. Can you stand four years of this harridan lecturing you on your greed?

5. All the other stuff I don’t have much room for. Where the heck was Barack Obama really born? Dont forget his pal Bill Ayers dedication of his 1974 book “Prairie Fire” to, among others, Sirhan Sirhan. (Are you listening, Teddy and Caroline?) If Obama loses, Gwen Ifill’s book tanks. The return of the Fairness Doctrine to censor free speech. Joe Biden, a heartbeat away. And the No. 1 reason of all to vote against Barack Obama: If he loses it will drive the moonbats absolutely bonkers.

-Howie Carr

jumping the gun?