ICYMI: Obama’s second thoughts, China’s economic danger, best man-on-street quote ever, and Gore for president?

Your weekly list of good reads and information not to be missed:

  • A new meme emerging on the left and on the right: President Obama’s problem is that he hasn’t been willing to consider whether he’s been wrong about some things. Well, except perhaps for his belief that we should be more civil in our political discourse.
  • Al Gore for what??? Also, this (language warning with the second link).
  • While London burns (and the authorities mostly watch), some big American cities are dealing with a new kind of flash mob (the Atlanta dateline in this story seems to be incidental).
  • Newt Gingrich’s presidential campaign may have fizzled, but expect him to keep up efforts like this one to engage the public on big conservative ideas.
  • I wrote earlier this week that Standard & Poor’s used faulty reasoning and played politics in explaining its downgrade of the U.S. government’s credit rating. Here’s a strong dissenting view.
  • From economist Greg Mankiw, a graph displaying almost four decades of data for federal non-defense spending as a share of GDP.
  • China faces an economic choice — and danger — that could have consequences for the rest of the world.
  • And finally, rare are the days when journalists at the same newspaper get to write a story that begins like this: “A stripper, her sex-offender sibling and their half-brother, dubbed the ‘Dougherty Gang,’ were arrested Wednesday morning after a high-speed chase in Colorado”; and another story with a quote like this: “As we’ve seen on the radio and TV so often, it’s happening all over the place. So either you carry your ‘9,’ you have some divine protection, you say a Hail Mary or do something and you just hope it’s not your day to go.”

Greatest. Man-on-the-street quote. Ever.

– By Kyle Wingfield

Find me on Facebook or follow me on Twitter

42 comments Add your comment

Logical Dude

August 11th, 2011
11:53 am

Thanks Kyle for the description why looters are looting in the UK. I don’t have much time to read lots of articles, and the 3 or 4 that were about the looting had absolutely NO information on WHY they were looting.
“Police numbers increase to handle looting”
“Another night (or day) of looting”

But now I have to see what a “9″ is to carry around with me. (9mm? 9 inch dagger? 9 rosary beads?)

Kyle Wingfield

August 11th, 2011
11:56 am

Logical: The quote referred to a 9-millimeter handgun. And to be clear, it was in reference to a robbery in Atlanta, not London.

Logical Dude

August 11th, 2011
11:57 am

You may have to update the last line to “Greatest. WOMAN-on-the-street quote. Ever.”
But yes, it’s a great quote!

(from the article)
“You really have to be careful of your surroundings,” she said. “Sometimes I run with my 9 millimeter [handgun]. Today I didn’t.

“Sometimes I run down … toward the Underground in the morning, and I just don’t trust people down there,” she said. “And some days I wake up and I decide to carry [the gun] and some days I don’t.

“As we’ve seen on the radio and TV so often, it’s happening all over the place. So either you carry your ‘9,’ you have some divine protection, you say a Hail Mary or do something and you just hope it’s not your day to go.”

Logical Dude

August 11th, 2011
11:58 am

Hi Kyle,
I know that one wasn’t about London, but your other articles this week gave me MUCH more information about what is going on in London than all the other articles combined.

Tea Party Hobbit

August 11th, 2011
12:03 pm

That Al Gore (manbearpig) for President column has got to be a joke! A quite funny one at that!

Jefferson

August 11th, 2011
12:03 pm

The awards can’t be far behind, great writings.

Ivan

August 11th, 2011
12:06 pm

“Logical: The quote referred to a 9-millimeter handgun. And to be clear, it was in reference to a robbery in Atlanta, not London.”

I see the pun.

ByteMe

August 11th, 2011
12:09 pm

The DailyCaller.com is on the left?? Since when?

Obama’s problem has nothing to do with his information or whether he’s right/wrong; it has to do with his lack of desire to take the fight to his opponents who are more than happy to wallow in the mud like the pigs they are. His public evisceration of Trump was a classic, but those moments are few and too far between.

And fools who quote only half of what Keynes said about deficit spending are either too stupid to read or just don’t care to be accurate. Your choice which.

And overweight divorced guys don’t get to be president any more. Just ask Newt.

Ivan

August 11th, 2011
12:11 pm

“That Al Gore (manbearpig) for President column has got to be a joke! A quite funny one at that!”

Nobody takes him serial!

Tea Party Hobbit

August 11th, 2011
12:17 pm

bwahahahaha!

Actually looking at this guy Budowsky’s other blogs, maybe he is serious afterall, and as cereal nuts as Gore himself!

Kyle Wingfield

August 11th, 2011
12:26 pm

Logical @ 11:58: Thanks. Glad they helped.

ByteMe @ 12:09: The DC generally speaking is not, but Mickey Kaus is. Calls himself a neoliberal, I think. Ran against Barbara Boxer in last year’s Democratic Senate primary in California. Definitely more “left-of-center” than “left-wing.”

Gordon

August 11th, 2011
12:32 pm

The article concerning the S&P was exactly right, and the biggest of the 4 reasons is that entitlements are on autopilot. This is a math problem, not a policy problem. The numbers just don’t add up, and its not even close. The next great president will be the one who can communicate that to the American people and act on it.

Finn McCool

August 11th, 2011
12:53 pm

you say a Hail Mary or do something and you just hope it’s not your day to go.

OMG, can you chistians make up your freakin’ minds ahreaddy? If this “heaven” is such a great place, why are so many of you paralyzed with fear about what is on the other side?

I know why, cause deep down inside you know it’s just a bunch of hooey dreamt up by guys who know how to separate the gullible from their wallets.

but but but, Jesus wants you to be happy and successful (so you can fill the coffers!)

Finn McCool

August 11th, 2011
12:55 pm

The next great president will be the one who can communicate that…

You think Preznit Bachmann is going to be the one to communicate that? I think I might go ahead and start chiseling her image into the side of Rushmore….

Don't Tread

August 11th, 2011
1:10 pm

So now we get to spend $100,000 a year (each) to lock up the Dougherty Gang, and risk them breaking out of jail or being paroled to boot?

$1.50 for 3 bullets to their heads would have been a happier ending. Maybe if they had robbed some Burger Kings instead of a bank…

jconservative

August 11th, 2011
1:14 pm

Yet one of my complaints about Obama is that with spending going up, with revenue going down, he further reduces revenue, thus increasing the deficit and the debt. If one collects $2 and spends $3, well, “beyond here, there be dragons”.

The solution is to just spend what one collects. But no one who has been in Congress or the White House for the last 30 years has supported such a “radical” move. Oh, they do talk about it, but they do not vote for it.

No one wants to tell the voters that government services are gone, and gone forever. No one wants to tell the voters that unneeded military bases in their state or community are going to close, forever. No one wants to tell the voters that the days of sending troops overseas to spank another country are gone, forever. And no one wants to tell the corporate world or the agricultural industries that government subsidies are gone, and gone forever.

JF McNamara

August 11th, 2011
1:21 pm

The Epstein article was pretty good. While I disagree with some of the items, he’s right on a few points. I’d assessed the situation about the same way except I refuse to go against the majority of economist who say the stimulus worked.

The real problem is that Obama is better than the last guy, and none of the candidates now are any better than him. Except maybe Romney, who will never win because he’s Mormon, and even if he wins he will be hamstrung by the Tea Party (who won’t cut medicare, medicaid, defense, or social security or raise taxes). Our only real hope is that he gets a second term and falls on his sword for America because he won’t be worried about re-election.

The Mankiw graph was awful. They gamed the scale, and presented a percentage instead of a constant. Obama is 3 percentage points higher than Bush which isn’t that high. In addition, lowering defense spending by cutting back in Iraq would also drive the number higher. It’s typical of someone who wants to lie with statistics.

No Sympathy

August 11th, 2011
2:17 pm

@ Don’t Tread

Line ‘em up ear to ear and you don’t even need 3 bullets, just one.

ByteMe

August 11th, 2011
2:32 pm

The Mankiw graph was awful. They gamed the scale, and presented a percentage instead of a constant. Obama is 3 percentage points higher than Bush which isn’t that high. In addition, lowering defense spending by cutting back in Iraq would also drive the number higher. It’s typical of someone who wants to lie with statistics.

Anyone who wants to immediately exempt defense from budget discussions is being dishonest up front, as though defense is not really offense once the budget gets larger than the next 15 countries combined.

And always be wary of percentages unless you understand that they are comprised of both numerators AND denominators. Want to compare tax revenue to GDP? Better understand that the denominator decreases during a recession, but often at a faster rate than the numerator.

I Report (-: You Whine )-: Thee Magnificent!!! mmm, mmmm, mmmmm! Just sayin...

August 11th, 2011
3:42 pm

But like Louis XVI, British authorities are paralyzed by their indifference to their own civilization. A half-century of berating themselves for the crime of being British has left them morally defenseless. They see nothing about England worth saving, certainly not worth fighting for — which is fortunate since most of their cops don’t have guns.

Sounds sorta like another country I know, don’t it?

I Report (-: You Whine )-: Thee Magnificent!!! mmm, mmmm, mmmmm! Just sayin...

August 11th, 2011
3:51 pm

Obama considers the credit downgrade a consequence not of the debt itself but of the debate about the debt. Yet the Treasury Department’s triumphant discovery of a $2 trillion “error” in the math of Standard & Poor’s belies that analysis: Were the size of the debt not the fundamental reason for the downgrade, why would that error even matter?

A concept so simple to understand but yet, as usual, the dummycrats struggle to comprehend.

9'

August 11th, 2011
3:57 pm

Everyone should pack some heat for the thugs out there whether it be in England or the black flash mobs throughout several U.S. cities singling out and attacking white.

I Report (-: You Whine )-: Thee Magnificent!!! mmm, mmmm, mmmmm! Just sayin...

August 11th, 2011
4:39 pm

9′- Don’t get me wrong, a 9mm will work, but a 10mm, .357 or a .45 will produce superior results.

Just sayin…

JF McNamara

August 11th, 2011
4:41 pm

9′,

There’s no need to pack heat for “Thugs”. I’m not going to be afraid because 30 of our total 330M citizens and 30 of our 40M African Americans did something stupid in a city that is a long way from where I live.

If you’re not smart enough to watch the news and understand that it is a very small fraction of the population in general and many stories aren’t even local, then stop watching it.

NWA

August 11th, 2011
4:56 pm

Any idea on how to get a Black Flashmob started down here?

I think it would be kinda cool, kinda like the way whites ran all of the blacks out of Forsyth County.

I think I can get funding from ACORN or Al Sharpton, some whites need a good beating

Hillbilly D

August 11th, 2011
4:57 pm

China is a big bubble waiting to bust, in my opinion. Just wait ’til the average worker there decides they want a bigger slice of the pie.

Linda

August 11th, 2011
5:17 pm

NWA@4:56, You might have crossed the line. Don’t be surprised if the GBI comes to your door. These sites are being monitored. I will pray for you.

I Report (-: You Whine )-: Thee Magnificent!!! mmm, mmmm, mmmmm! Just sayin...

August 11th, 2011
5:19 pm

JF- You might want to notice that in the places where flash mobs do erupt, people aren’t allowed to have guns.

There’s a reason why it doesn’t happen everywhere else.

Lil' Barry Bailout (Revised Downward)

August 11th, 2011
5:59 pm

Why are they looting? Because they’re scum.

Any other easy questions I can help you with?

Lil' Barry Bailout (Revised Downward)

August 11th, 2011
6:03 pm

Interesting that spending skyrocketed after Clinton came into office, then decreased when the GOP took the house in 1995, and then totally exploded again when the next Democrat, Obozo, was elected.

It’s the spending, stupid.

It is jobs, stupid

August 11th, 2011
6:07 pm

Spending schmending

It is jobs stupid.

Lil' Barry Bailout (Revised Downward)

August 11th, 2011
6:08 pm

I Report: A concept so simple to understand but yet, as usual, the dummycrats struggle to comprehend.
————————-

For Democrats, it’s not about facts, it’s about putting their party over their country, every time.

I Report (-: You Whine )-: Thee Magnificent!!! mmm, mmmm, mmmmm! Just sayin...

August 11th, 2011
6:44 pm

“The Postal Service is facing dire economic challenges that threaten its very existence. . . . If the Postal Service was a private sector business, it would have filed for bankruptcy and utilized the reorganization process to restructure its labor agreements to reflect the new financial reality.”

Yeah, but since it lives off the money of others, it is now a zombie just like any other pointless government bureaucracy.

Why would anyone weep over the demise of those who deliver future contents of your trash receptacle?

MarkV

August 11th, 2011
6:53 pm

The USPS has has not received taxpayer-dollars since the early 1980s

I Report (-: You Whine )-: Thee Magnificent!!! mmm, mmmm, mmmmm! Just sayin...

August 11th, 2011
7:09 pm

Wanna bet?

“Unfortunately, the collective bargaining agreements between the Postal Service and our unionized employees contain layoff restrictions that make it impossible to reduce the size of our workforce by the amount required by 2015,” according to the postal document. “Therefore, a legislative change is needed to eliminate the layoff protections in our collective bargaining agreements.”

Legislating the parasitical unions upon those who pay for a service and therefore pay for the parasitical union, makes this another in a long line of government debacles.

Unless you’re too ate up to understand it.

get out much?

August 11th, 2011
7:10 pm

If the post office was a regular business not only would it charge more to deliver to rural areas, it would close many of those post offices because they lost money.

I Report (-: You Whine )-: Thee Magnificent!!! mmm, mmmm, mmmmm! Just sayin...

August 11th, 2011
7:14 pm

Even the Post Office says it can do without 115,000 current employees and the government mandated health care system but the law won’t allow it.

Our government is a giant parasite upon us, sucking money out of places you can’t even imagine.

independent thinker

August 11th, 2011
8:28 pm

Your tax doolars at work:
“”"”"”"”"”"”"”About $320 million in U.S. taxpayer dollars has gone into two hypersonic aircraft designed and built by a defense research agency — which launched each experimental vehicle in separate tests and then promptly lost contact with them, as they barreled into the Pacific Ocean.

The latest unmanned Falcon Hypersonic Technology Vehicle-2 — a test rocket designed to fly at Mach 20, or around 13,000 miles per hour — successfully launched at approximately 7:45 a.m. PDT Thursday and separated properly from the Minotaur IV rocket that carried it to the edge of space. But after 2,700 seconds of flight, the agency lost contact with the vehicle, which presumably sank in the blue waters of the Pacific Ocean.”"”"”"”"”"”"”"”"”"”"”"”

Read more: http://www.foxnews.

Of course it is inconceivable to cut the military budget ist ???????

Establishment Hippie Guy

August 11th, 2011
10:17 pm

Making it So Easy for the Mob
Re: Ideology Behind Mob Rule
During the race-inspired troubles erupted into violence in the 60s a professor of mine observed that we should not be surprised by the demonstrations and burning buildings; that the power of the poor and disenfranchcised was to do exactly what they were doing. This was the most effective way for them to influence the political process. They had nothing to lose by this: they did not own property; many did not have jobs to lose; they had (or felt they had) much less to lose from any instability they might cause.
And today the “rich” are making it much easier for this thinking to catch on. The huge compensation going to senior management of major corporations and to people working in the financial have become a huge sore point with those whose earnings have been stagnant or fallen against inflation and productivity gains in the last 30 years.
The wealthy have many advantages in this country – good business climate, good government, good education systems, good infrastructures, a labor when they want it, and a stable citizenry. However, as always in history, the wealthy have to bring the poor and disadvantaged along with them. The poor will always be with us. They will destroy the order of society if they are left too far behind.

MarkV

August 11th, 2011
10:49 pm

independent thinker @8:28 pm: Such a pleasure seeing the country suffering some failure! Quite a patriot your are.

Lil' Barry Bailout (Revised Downward)

August 12th, 2011
7:34 am

“[The poor] will destroy the order of society if they are left too far behind.”
——–

So they destroy themselves through willful ignorance, sloth, promiscuity, and substance abuse, then they destroy the social order. Thank you, libtards, for helping the poor destroy themselves in order to create your ragtag army. Anything to “fundamentally transform” America, eh?

southpaw

August 12th, 2011
12:50 pm

McFool @12:53

Heaven IS a great place, but there will be more time there than anyone can count. After a few trillion years there, what’s a thousand more or less? That’s why people aren’t in a hurry to get there.

Even though you know (and I know) of some who want to separate the gullible from their wallets, there are plenty more who only want to separate people from Jesus’ opponent (also known as Lucifer and/or Satan). Look at it this way:
Afterlife: Smoking or non-smoking? Your choice