Posts Tagged ‘Newsweek’

Joel B. Pollak

Why Is Andrew Sullivan So Dumb?

by Joel B. Pollak

“Why Are Obama’ Critics So Dumb?” That’s the question posed by Andrew Sullivan in the cover story of this week’s Newsweek.

But you’d have to be stupid, fanatical, and dishonest to argue–as Trig Truther Sullivan does–that Barack Obama’s failures are part of an ingenious “long game” that is destined to succeed.

If this is the best Obama’s supporters can do, Obama’s only hope for re-election is the weak Republican field.

Sullivan, who claims to care about national debt, begins by arguing, contrary to reality, that Obama’s massive $787 billion stimulus (actually, $862 billion) turned the economy around. He offers no proof other than the post hoc, ergo propter hoc fallacy familiar from basic economics. Sullivan also ignores the composition of the stimulus, which shoveled cash to cronies and bloated big states with their massive public sector obligations.

In addition, Sullivan claims that Obama’s auto bailout succeeded–when in fact it pushed aside property rights and subsidized failed “green” cars, rather than allowing car makers to rebuild through normal bankruptcy. He also commends Obama for continuing George W. Bush’s bank bailouts–but does not mention the Dodd-Frank financial “reforms” that enshrine “too big to fail,” hurt small businesses and fail to address Fannie Mae and Freddie Mac.

Next, Sullivan tries to defend Obama on taxes, pointing out that the president passed tax cuts as part of the stimulus. He ignores the numerous new taxes and tax increases that Obama signed into law–from higher cigarette taxes to the many ObamaCare taxes–as well as the glaring fact that Obama has been campaigning for the past several years on the promise to raise taxes on the rich, and would have done so if not for Congress. (more…)

Mike Flynn

Who ‘Invited’ Nancy Pelosi and her Husband to Buy Visa’s IPO?

by Mike Flynn

Yesterday, I wondered how Nancy Pelosi and her husband were able to participate in Visa’s IPO in March 2008. It is very difficult for an individual investor to participate in IPOs, especially those which are heavily ‘oversubscribed’ as Visa’s was. It was the hottest IPO of the year, drawing what one analyst described as “extreme demand.” So, this tidbit from Newsweek’s story on Visa’s campaign to curry favor with Pelosi caught my attention:

Separately, Pelosi’s husband, Paul, a major investor in California, got a lucrative phone call from his personal broker—a pre-screen invite in March 2008 to take part in Visa’s $17.9 billion public stock offering, at the time one of the hottest stock offerings in an otherwise soft market. The initial-public-offering price was $44 per share and was limited to institutional investors and a group of specially selected individuals. Almost $18 billion was made available in public stock to preselected investors. Paul Pelosi made the cut.

Wait, what? He was called and ‘invited’ to purchase shares in the IPO? Seriously? Let’s isolate one particular sentence from this graph:

The initial-public-offering price was $44 per share and was limited to institutional investors and a group of specially selected individuals.

Specially selected individuals? Selected by whom? And, for what reasons, specifically?

(more…)

Steve Grammatico

Obama War Room: Misdirection

by Steve Grammatico

BILL DALEY: Boehner’s office just called, sir.  He’s changed his mind.  Says you can address the joint session next Friday at 2:00 a.m.

OBAMA:  Cheeky b**tard.  All right, accept.  Eric, have Federal marshals available to round up and escort legislators to the Chamber.  Encourage them to be rough with Republicans.

JAY CARNEY: Our dirty tricks team affixed a wireless speaker under Joe Wilson’s seat, sir. We’ll trigger it to replay “You lie!” four minutes into your remarks.

BRIAN WILLIAMS:  Afterward, our technicians will enhance the audio, pinpoint the source, and nail him.  Wilson will deny, but voiceprint analysis confirms it’s his voice.

OBAMA:  And another firestorm.  Man never learns.

DAVID PLOUFFE:  Lotta voters throwing the Kool-Aid back in our faces, sir.  I wonder if a speech touting investment in urine-powered cars and prefabricated bamboo homes will help your numbers.

OBAMA:  Anyone with a better idea?

CARNEY:  Do a 180, sir: have a “Come-to-Jesus Moment” before the whole country, announcing you’ve finally realized you’re a socialist ideologue. (more…)

Steve Grammatico

Soliloquy of the First Presidential Debate

by Steve Grammatico

[As the Republican nominee begins his opening statement, President Obama reflects.*]

I

Ooooh . . . he speaks, the right’s Orion!

Expel your foul dis-charges—phew!

Could glares steal breath, Paulie Ryan,

‘Bout now you’d be turning blue!

Huh?  Big spending cuts are needed?

Ah, Fed tax rates mustn’t rise.

And these . . . “facts” I’ve not conceded?

Why?  They’re falsehoods, damn your eyes!

II

In the past we’ve had discussions–

Paulthanks for coming!—I must bear

Rants on Market repercussions,

Treas’ry futures, budget snares.

Our job outlook’s pathetic; rarely

Has it been this bad, I think.

Want a deal to face this squarely?

Want emetics in your drink? (more…)

Dan  Riehl

The Extraordinary Sarah Palin

by Dan Riehl

When it comes to former GOP Governor and Vice Presidential candidate Sarah Palin, if any ordinary Republican politician could generate as much contemporary free media coverage, including a new high profile cover story from Newsweek, while a positive full length documentary on their legitimate political career, The Undefeated, was opening nationally on July 15, the Republican establishment and most all of the base would be clamouring for him or her to enter the race for President in 2012. But Sarah Palin is no ordinary Republican politician.

Based upon my own observations, along with some recent conversations with friends, including Andrew Breitbart, who recently spent some time talking with Palin, my image of Palin has been becoming more well-defined of late. Take, for instance, the only real criticism I could find in the Newsweek piece. It jibes with another criticism I’ve observed, that she too often engages her critics directly, as opposed to allowing surrogates to do it for her. Are these valid criticisms of Palin? Along with providing some insight into her - she’s a fighter, it might also tell you much about how you view Palin. If you’re looking for an ordinary politician, Sarah Palin ain’t it.

This formula—bucking Republicans and counting on the situational cooperation of Democrats—made for a fragile governing model, one further attenuated by the fact that political insiders found Palin too sensitive to criticism and too eager to deal in payback. But to the public she was a heroine, with an approval rating above 80 percent two years into her term, making her by far the most popular governor in the country.

Once I put aside any notion of a mostly plastic, glad-handing politician and contemplated how I myself might actually react in this, or that, situation Palin has faced, a clearer image of her as an every man politician began to take shape. There’s a good chance I’d have handled a good deal of the criticism precisely as has she in this, a new media age. And she is far more in touch with the concept of new media, than is almost any other American politician – hence the reliance on Facebook and Twitter to get her message out.

(more…)

Andrew  Marcus

Newsweek: America Is ‘Fatigued And Paranoid’

by Andrew Marcus

Newsweek is running a distinctly condescending take on the recent Arizona Massacre. The clippings below are from their latest print addition.

The gist of their argument is that there are parallels to be drawn between the racist assassination of MLK, and the massacre committed in Arizona.

An Echo of the King Killing

Then, as now, the country was fighting an intractable and apparently interminable war against a hard-to-find enemy on the other side of the planet — a conflict that had drained the nation’s coffers and left the populace fatigued and paranoid. Then as now, the airwaves seethed with reactionary speech. Then, as now, gun sales were going up, up , up.

What a sweeping and condescending generalization, “fatigued and paranoid”.

When Newsweek cites reactionary speech, are they referring to Frances Fox Piven’s call for violent rioting,  or are they referencing the rioting Democrat-party-organized “arrestables” who have been purposefully unleashed on American cities over the past several years, with the explicit goal of political intimidation and disruption? (RICO, anyone???)

newsweek cover

(more…)

Kyle Olson

Add NFL Team With Tenure, Seniority

by Kyle Olson

American Federation of Teachers’ President Randi Weingarten has been doing her best to make sure Big Labor has a say in education reform.  She wants to drive the train.  The National Education Association, on the other hand, is taking the tact of putting dynamite under the tracks.

While Weingarten says all the right things and uses all the necessary poll-tested phrases, she really wants to maintain the status quo.  No tenure reform.  No need to judge teachers by any measure other than seniority.

But in an interview with Newsweek, she made this curious statement, in response to Bill Gates saying, “We need to measure what they do, and then have incentives for the other teachers to learn those things:”

“Football teams do this all the time,” Weingarten responded. “They look at the tape after every game. Sometimes they do it during the game. They’re constantly deconstructing what is working and what isn’t working. And they’re jettisoning what isn’t working and building up on what is working, and doing it in a team-like approach.”

That’s correct – they do. It’s too bad that public education does not operate more like the NFL.

Here’s an idea. Let’s have the NEA and AFT become the owners of a new NFL franchise. For a lack of a better name, we’ll call the new team the Thugs.

Players on the Thugs’ roster would receive tenure after two years, like they do in New York City Public Schools.

(more…)

Andrew Breitbart

JournoList: …Yes, But the Reporters at Pravda Weren’t Such Insufferable Assholes

by Andrew Breitbart

Journalists love whistleblowers. Just not when the whistle is blown on them.

Journalists love transparency.  As long as they’re not the ones being exposed.

No steadfast journalism rule is unbendable when it comes to justifying and protecting the racket that is modern journalism, specifically, political journalism in the United States today. The ends justify the means for the Democrat Media Complex. They lie when they claim to be objective. They lie when they claim to be unbiased, because these so called “truth seekers” are guilty of engaging in open political warfare. And when the whistle is blown, they simply double down. “Journolist” — like Media Matters, but more insidious, if that’s possible — is an attempt to put the genie back in the bottle, technology and “the masses” uncovered the conspiracy:

Obama Press

Talk radio and the Internet have allowed outsiders the ability to challenge a multiple generational shift from journalism being about the story, to journalism being crafted toward a partisan end. From Newsweek killing the Lewinsky story to the Swift Boat veterans (until the undermedia pressure got too big) to the Dan Rather implosion to the open attempt to keep the Al Gore masseuse story under wraps to the John Edwards/Rielle Hunter debacle to the Van Jones admission of missing the story to the networks ignoring the ACORN video footage to the media playing up trumped up charges of racism in the Tea Party — while ignoring exculpatory evidence — to the mother of all media-as-political weaponry: the non-vetting of candidate Obama, the mainstream media has shown that it is in an ideological death spiral. And the ground is right here. (more…)

Paul A. Rahe

Global Warming, R. I. P.

by Paul A. Rahe

What is the most important issue facing the American people today? Until late last Fall, Al Gore, Nancy Pelosi, Harry Reid, Henry Waxman, the presidents of our major universities, and the editors and reporters at The New York Times, The Washington Post, The Los Angeles Times, Newsweek, Time, The New Yorker, CBS, ABC, NBC, CNN, WNBC, and the like –  not to mention the scientific establishment in the United States – were as one in telling us that global warming was a profound threat to our well-being and that of the rest of mankind. And John McCain, Lindsey Graham, and sadly, in the end, a hapless George W. Bush were willing to lend the hysterics a measure of aid and comfort.

Goracle

In the United States Senate, the indomitable James M. Inhofe of Oklahoma was very nearly alone in standing up to denounce the whole enterprise as a hoax, and in turn he was himself denounced by all right-thinking people as a scoundrel and a fool. There were, of course, scientists proficient in meteorology who entertained grave doubts, and some of them made a great fuss, but they were soon denied federal funding for further research, and young entrants into the profession quickly learned that if they wished to have successful careers it was incumbent on them to join the chorus who denounced global-warming skeptics as lackeys of the fossil fuels industry. The global-warming cabal was to the liberal democracies of our time what  Trofim Denisovich Lysenko and his disciples were to biology in the Soviet Union of Josef Stalin.

When he became President, Barack Obama pledged to “roll back the specter of a warming planet” and “restore science to its rightful place,” implying – graceless as always – that the administration of George W. Bush had suppressed inconvenient scientific truths in the interests of ideology. In fact, Obama seems not to have understood what he was saying, for a specter is “an apparition inspiring dread,” and it is one of the principal functions of science to dispel illusions of this very sort; and, instead of debunking “the specter of a warming planet” and restoring “science to its rightful place” thereby, he embraced that specter and sought by way of inspiring dread in the American people to railroad his compatriots into subjecting the entire economy to the supervision of the administrative state.

(more…)

John Nolte

Objective Journalism: Michael Gerson Defends a Profession That No Longer Exists

by John Nolte

Yesterday, Washington Post columnist and former Bush II speechwriter Michael Gerson played a long slow violin solo over the death of the mainstream media. There’s nothing new in his piece. Dazed with panic as the circle of financial ruin closes in, we’ve heard this song many times before from our ink-stained dinosaurs. And true to form, Gerson can’t break the mold. It’s all there, the rose-colored glasses, denial, and a heaping helping of rationalization.

dead dinosaur

Once again, from that familiar MSM perch where one can look down their nose at the great unwashed who just don’t understand the magnificent tradition of journalism they’re about to lose, Gerson blames We the People for no longer wanting  to pay for our news and choosing partisan sources “that reinforce and exaggerate … political predispositions.”

How absurd. (more…)

Warner Todd Huston

Nidal Hasan: It’s Not Islam, It’s a ‘Military on the Brink’?

by Warner Todd Huston

President Obama has pleaded for the country not to go “jumping to conclusions” about Major Nidal Hasan’s motives for his murder spree at Fort Hood, Texas. Even Army Chief of Staff General Casey has said that it’s “too soon to be drawing any conclusions about what happened or what his motivations were.”

TEXAS-SHOOTING/

But it doesn’t seem to early for the Imam that headed the Mosque in Virginia that Hasan and several of the 9/11 terrorists once attended. Anwar al-Awlaki, once the Imam of Dar al-Hijrah mosque in Virginia, has released a statement saying that Nidal Hasan “did the right thing” with his criminal rampage at Fort Hood. Anwar al-Awlaki is thought to be in Yemen having left the U.S. shortly after 9/11.

It is, of course, infuriating that our government refuses to see the obvious. In fact, this incident itself proves that even the Army is so afraid of being charged with political incorrectness that it allowed this jihadist Major to roil in his radical jihadism for some time without being opposed by his superiors.

This attitude of refusing to see the forest for the trees is best exemplified by Andrew Bast of Newsweek who thinks he’s got the real reason behind Major Nidal Hasan’s murderously criminal rampage at Fort Hood last Thursday. Could it be that Hasan was steadily radicalized and steeped in hateful Islamofascism? Could it be a jihad mindset that sent Hasan into that military clinic yelling Allahu Akbar as he shot at anyone that got in his way?

Nope. Ridiculously, it was a “military on the brink,” it was the “stress” an uncaring U.S. military is forcing upon its members that was at fault as far as Bast is concerned. This is his obtuse conclusion in Newsweek’s piece headlined, “Is Fort Hood a Harbinger? Nidal Malik Hasan May Be a Symptom of a Military on the Brink.”

(more…)

Matthew Vadum

The Soros Plan To Kill Capitalism

by Matthew Vadum

Having purchased, rented, or placed a down payment on all the political influence up for sale in America, leftist troublemaker George Soros now plans to ramp up his war on markets worldwide by creating an “Institute for New Economic Thinking” (INET).

“The system we have now has actually broken down, only we haven’t quite recognized it and so you need to create a new one and this is the time to do it,” Soros told the Financial Times last month.

Soros said he wants Communist China to run this new financial system. “You really need to bring China into the creation of a new world order, a financial world order,” Soros said.

If that doesn’t send a chill down the spines of freedom lovers in America and elsewhere, nothing will.

In an interview with Der Spiegel last year Soros said European-style socialism “is exactly what we need now. I am against market fundamentalism. I think this propaganda that government involvement is always bad has been very successful — but also very harmful to our society.”

(more…)