Free Markets, Free People

Daily Archives: February 8, 2013

Economic Statistics for 8 Feb 13

The following US economic statistics were announced today:

Wholesale inventories fell -0.1% in December, while wholesale sales were unchanged, keeping the stock-to-sales ratio steady at 1.19.

The US trade gap narrowed in December, falling to -$38.5 billion, largely due to a big drop in iPhone imports, and increased exports. Exports rose 2.1%, while imports dropped -2.7%.

~
Dale Franks
Google+ Profile
Twitter Feed

Another reason we’re in the mess we’re in: The media has failed in its job

Here, we’ve all wondered  – for years – why journalists are so willing to toss their credibility in the waste bin and go “all in” for this guy Obama.  It doesn’t take a particularly bright individual to note how totally nonresponsive they are to stories that, had the perpertrator been on the right or, God forbid, George Bush, how differently they would have responded.  To say they’ve sold their collective “journalistic ethical” souls is, frankly, a huge understatement.  They are, or have become, a propaganda arm of this administration (well, all except the hated FOX, which keeps pointing out the emperor has no clothes).

Nick Gillespie at Reason explores all of this in his recent article.  A snippet:

It’s sad, though never unexpected, when leaders such as Obama flip flop like a fish on the sand once they ascend power. Cromwell did it, the French revolutionaries did it, Castro did it, the Sandanistas did it, and on and on. It’s one of the oldest plots in history and infinitely adaptable to new conditions. How else to explain, as Jacob Sullumn notes, that candidate Obama rejected the Bush adminstration’s position that it could detain U.S. citizens as enemy combatants without pressing charges while President Obama claims the right to kill U.S. citizens without laying charges? The guy may not be able to pass a budget but christ, give him credit for ingenuity and brass balls.

But Obama is a politician – what do you expect? Politicians are not just the bottom of the barrel – they’re what’s under the bottom of the barrel, right?

So what then explains the contortions that journalists fold themselves into like so many carnival sideshow rubber-men in defending their hero? Mike Riggs points to comments by rising liberal MSNBC pundit Toure that suggest just how far explicitly pro-Obama liberals are willing to go in excusing the president’s declaring himself and his crew judge, jury, and executioner. As Riggs explains, it seems pretty clear that Toure isn’t up to speed on specifics, especially when it comes to the killing of Anwar al-Awlaki’s 16-year-old son:

When his co-hosts continue to press him on the consequences of a small group of individuals determing who deserves to die without a shred of oversight, Touré dismisses them by saying, “Al Qaeda attacked this nation. We are attacking al Qaeda back.” On Twitter Touré simply said, “He’s the Commander in Chief.”

Al Qaeda is the new Communism, dig?

Or something.  Yesterday we had Chris Rock claim that we should all obey Obama because, he’s “our boss”. Un, no Chris, he’s not our boss.

He’s our freakin’ employee.  He works for us.  He was hired by the people (much to my chagrin) and he has to follow the law just like everyone else.  He’s not the “boss” or our “Dad”.

But Rock’s BS points to the difference between the left (and their apparent desire for strong authoritarianism) and the right who still, at least in small pockets, see government as a dangerous but necessary evil to be controlled by the people.  It also shows why to them, politics isn’t just a system, but it is a cult, a religion, their way of transforming a nation and the world in an image they imagine will be better.

Yet history shows us that no matter how wonderful the fantasy that drives groups like this to collectively use force to social engineer a population toward their utopia, it never, ever ends well.

And now we have journalists engaged in precisely the work that propaganda arms of totalitarian governments have always done.  If once, their job was to question government, keep it accountable and investigate anything that smelled at all fishy, they’ve abdicated that in favor of selective blindness, cheerleading, advocacy and pure unadulterated fantasy.

It is the usual path a nation takes towards it’s demise.

And we’re well down that path, folks.

~McQ