Posted by Cornell Insider Staff on February 24, 2010
As Bob Barr writes on his blog, the Obama administration is interested in tracking your cell phone records: “In arguments earlier this month before a federal appeals court in Philadelphia, lawyers for President Barack Obama made the case that the government should be able to easily track the location of cell phone users without first securing a warrant. In making this argument, the Obama Administration mimics the position taken by its predecessor.”
Wait, that can’t be right. The same administration that has been conducting a CIA witch hunt and doing all it can to disgrace Bush administration officials guilty of illegal wiretaps and information gathering techniques is now pushing to track the location of your cell phone? And where is the liberal uproar? It’s hard to argue that George Bush looking up your library records is more of an infringement on personal rights than the Obama administration having full access to your cell phone records.
Posted in National News | Tagged: Bush, Obama | Leave a Comment »
Posted by Peter Bouris on January 7, 2010
William Buiter, a former Monetary Policy Committee member who is now at the London School of Economics, is warning that a loss of confidence in US bonds and the American currency is inevitable at this point. This obviously is the result of the Bush-Obama spendthrift continuum, along with Bernanke having his way in continuously debasing the currency.
But the more underlying factors have been culminating for many years. The post-WWII imperial overstretch of the US, along with severance of its currency from any sort of gold linkage in 1971 have all made a dollar crisis a matter of ‘when’ as opposed to ‘if.’ While many conservatives either refute the idea that the US has an empire, or embrace it as a force for global enlightenment, one cannot deny the fiscal pressures it bears upon the federal government and the domestic economy. It has in many ways led to the deterioration of US infrastructure in education, communications, and transportation. This incident has contributed to the reduction in the nation’s manufacturing base and the nation’s weakened overall global competitiveness. We have for good while now been diverting funds for necessary internal improvements toward both an expanded military and military presence around the globe.
This domestic decay, when coupled with a fiat currency and a perpetual belief that the nation can have both guns and butter (a grand military along with an almost as grand welfare state), makes dumping US assets a logical move for foreign investors. This may take time, as confronting the reality that the dollar and US assets are no longer the world’s safe haven for investors will be a tedious process at best. But the day of reckoning will come sooner rather than later, especially as Obama and establishment Keynesians such as Paul Krugman continue to espouse greater deficits as a means of recovery.
Posted in National News | Tagged: Bush, dollar, economy, Obama | Leave a Comment »
Posted by Oliver Renick on July 13, 2009
Outfitted with pictures and videos for your viewing pleasure, this may be the most loaded, informative, invigorating and compulsively captivating MRM to date!
- Peggy Noonan articulates many of the thoughts I have had about Sarah Palin and why she was not, and should not be, made into the face of the recovering Republican party.
- The Sotomayor confirmation hearings begin today. Here’s a piece by GMU Law Professor Nelson Lund on Sotomayor and the Second Amendment.
- House Majority Leader Steny Hoyer laughs at the idea that Congressmen should read legislation before voting on it. Maybe he never learned to read and is now engaging in the timeless art of cognitive dissonance?
- A Cornell student makes the news by being part of a giant search team searching for, well, giant things.
- Amidst all the talks of reducing American and Russian nuclear arsenals, we must ask ourselves about the inevitable conclusions of these arms reductions. What is the goal? Are we shooting for “zero”? Former Defense Secretary James R. Schlesinger argues that a world without nukes would be much more dangerous than a world with them.
- Politico notes the perennial potency of Bush bashing, six months after he has packed up for Dallas. Does mentioning the “failures” of his administration still galvanize the new majority party, or are Democrats running out of “hope and change” rhetoric?
- This photo appears to show Obama and Sarkozy checking out a junior G-8 delegate. The subsequent video exonerates Obama. No such luck for his French counterpart.
- In the wake of the Bristol Palin and Mark Sanford scandals, here is an interesting composite of the great scandals in recent times and who saw the bright side of each one.
- And what would a great MRM be without bringing the (Kraut)HAMMER?! Sir Charles makes swift and elegant stabs at Obama’s Russian facade.
Posted in Campus Insiders, National News | Tagged: Bush, Non-Proliferation, Obama, Palin, Sarkozy | 1 Comment »