Free Markets, Free People

Dale Franks

Dale Franks’ QandO posts

Dale’s Observations For 2010-07-28

The Fed's Beige Book report on economic activity disappoints investors, economists. #RecoverySummer #

And yes, I said VAT. A national sales tax like the Fair Tax is a non-starter. No high rate sales tax has ever worked, anywhere in the world. #

The Chicago boys and Bruce Bartlett-finally!-have accepted my long-held position of scrapping the income tax for a VAT. #

Panasonic Launching 'World's First' Consumer 3D Camcorder, which can shoot in 3D or HD. #

Durable-goods orders fell by 1.0% in June to a seasonally adjusted $190.5 billion. #RecoverySummer #

What Would Happen if the Bush Tax Cuts Expire? #

U.S. cities and counties will have to cut hundreds of thousands of jobs. | They say that like its a bad thing. #

Once again, Massachusetts does its bit to ignore the bits of the Constitution liberals don't like. #

Dale’s Observations For 2010-07-27

Raising taxes in the middle of a recession is stupid. Both Hoover and FDR did it, with disastrous results. Cut spending, don't raise taxes. #

RT @MelissaTweets @ScottBrownMA: The blatantly partisan 'Disclosure' Bill was defeated. | Woot! #

RT @dmataconis @DavidCornDC @NewtGingrich: Odds of a Newt 2012 bid at 97%. | Odds of a Newt 2012 win at 0%. #

Heh. The new Harley-Davidson Street Glide will have an integrated stereo w/ 8gb iPod nano. Nothing says "outlaw biker" like an iPod nano. #

Victory announced their 2011 motorcycles. All of them will sport the big 106ci, 92+HP, V-Twin, and a newly designed 6-speed transmission. #

Harley-Davidson says it has 32 models of motorcycle this year. But it's really 4 models of motorcycle with 32 trim packages. #

Harley-Davidson introduces its 2011 models. #

Obama: Reducing influence over elections should be non-partisan. Dems made it partisan by exempting unions. #

Quarterly economic forecast takes a turn for the worse #RecoverySummer #

Consumer confidence drops for second straight month, according to the Conference Board. #RecoverySummer #

Victory's 2011 motorcycles will all have the 106ci Big Twin. 97HP and 116 ft-lbs or torque. Not bad at all for V-Twin cruiser. #

Oliver Stone’s Take on History

Oliver Stone has long been known to have an…unorthodox view of history.  But in an Interview for the Times of London, he may have gone a bit too far.  Sadly, the original link is behind the Times’ firewall, but Stone, who’s working on a 10-part historical documentary for Showtime called “Secret History of America”, was a gold mine of quotes. It seems his documentary has a…refreshingly different interpretation of history.

For instance, why do Americans think about the Holocaust so much?

The Jewish domination of the media. There’s a major lobby in the United States. They are hard workers. They stay on top of every comment, the most powerful lobby in Washington. Israel has fucked up United States foreign policy for years.

Hmm.  Well, what about Herr Hitler, modern history’s bad guy?

“Hitler is an easy scapegoat throughout history and it’s been used cheaply.”
“We can’t judge people as only ‘bad’ or ‘good.’ ”
“[Hitler] is the product of a series of actions. It’s cause and effect. People in America don’t know the connection between WWI and WWII.”
“Hitler was a Frankenstein, (but) there was also a Dr Frankenstein.”
“German industrialists, the Americans and the British. He had a lot of support.”
“He’s the product of a series of actions. It’s cause and effect … People in America don’t know the connection between World War I and World War II.”
“We’re going to educate our minds and liberalize them and broaden them. We want to move beyond opinions … Go into the funding of the Nazi party. How many American corporations were involved, from GM through IBM. Hitler is just a man who could have easily been assassinated.”
“Hitler did far more damage to the Russians than the Jewish people, 25 or 30 [million killed].”

And, of course, we can’t leave out the Big Mustache, the Man of Steel himself, Josef Stalin:

Stalin has a complete other story. Not to paint him as a hero, but to tell a more factual representation. He fought the German war machine more than any person.

I think the best comment about this comes not from a political pundit, but from Tyler Durden:

It would be like if someone made a documentary about pandas, and it claimed that pandas invented movable type, were immortal, and could shoot fireballs from their paws. It’s that level of wrong.

Dale’s Observations For 2010-07-26

RT @dmataconis: ObamaCare Doesn’t Justify Secession | Given the tone of that article, one wonders what would. #

RT @dmataconis: Re: Political Discourse? | Was the 'net causing riots, demonstrations, and domestic terrorism in '68? #

RT @MelissaTweets @La_Shawn: Re: Oliver Stone, Hitler: | How do these people even pretend to moral seriousness? #

RT @MelissaTweets @La_Shawn: Re: Oliver Stone, Hitler: | If only we knew more about the CONTEXT of Nazism. And Stalin. #

RT @ewerickson: The reviews at for uranium are priceless. | Those reviews are hilarious. #

Geithner defends allowing the Bush tax cuts to expire. This is the same policy mix that extended the Great Depression. #

New home sales increased 23.6% to an annual rate of 330,000..
the second lowest on record since 1963. #RecoverySummer #

Observations: The Qando Podcast for 25 Jul 10

In this podcast, Bruce and Dale discuss the dissatisfaction about President Obama’s competence, the oil spill, and the American stranded in Egypt.

The direct link to the podcast can be found here.


The intro and outro music is Vena Cava by 50 Foot Wave, and is available for free download here.

As a reminder, if you are an iTunes user, don’t forget to subscribe to the QandO podcast, Observations, through iTunes. For those of you who don’t have iTunes, you can subscribe at Podcast Alley. And, of course, for you newsreader subscriber types, our podcast RSS Feed is here. For podcasts from 2005 to 2009, they can be accessed through the RSS Archive Feed.

Dale’s Observations For 2010-07-22

Scotland to Senate Lockerbie inquiry: Drop dead. #

Bernanke Says Extending Bush Tax Cuts Would Maintain Stimulus. #

Huh. They never mentioned this possibility in the whale watching tour brochure. #

For those who are interested, I do a lot of writing about motorcycling. I have interests outside of politics/economics. #

With the unemployment benefits, we will have spent more on stimulus than on the Iraq and Afghanistan wars combined. #

The index of U.S. leading indicators
fell 0.2 percent in June, the second decline in three months. #RecoverySummer #

Existing home sales fell–yes, unexpectedly–by 5.1% in June. #RecoverySummer #

Initial unemployment claims rose unexpectedly-we really need to talk about these expectations-to 464k. #RecoverySummer #

This journolist stuff is fabulous. I guess EVERYBODY gets all tough and manly on message boards. #

Eric Alterman, author of "What Liberal Media?": "Let’s just throw Ledeen…through a plate glass window." Thanks, @ezraklein! #

Dale’s Observations For 2010-07-21

TARP IG: Obama administration
housing rescue programs have been ineffective at preventing a
rise in home foreclosures. #

Bernanke says economic outlook is 'unusually uncertain'. Also declares surface of the sun is 'a bit warm'. #

The median duration of unemployment is higher today than any time in the last 50 years. #RecoverySummer #

I'm just going from meeting to meeting today. Theoretically, that accomplishes something, I'm just not sure what. #

Oakland, CA votes to permit large medical marijuana farms. #

Dale’s Observations For 2010-07-20

.@ewerickson on Sherrod: If the left gets a pass on race, the right has to fight back. | But fairly, not dishonestly. Or we're no better. #

I really want to know if Breitbart edited the Sherrod/NAACP video to make her look bad. If so, that's despicable. #

RT @dmataconis @benpolitico: White House denies role in Sherrod firing.| Ms. Sherrod says otherwise. #

Residents of Bell, CA (pop. 38k) just learned that city officials are taking in salaries ranging from $300k to $785k. #

I wonder if the NAACP is learning any lessons about the damage that accusations of racism cause. #

Mexican authorities searching a man at the airport in the nation's capital found 18 monkeys hidden beneath his clothes. #

Apparently, the Turkish gov't likes "good" terrorists like Hezbollah and Hamas, but not "bad" terrorists like the PKK. #

.@dmataconis @CMDeB @KurtSchlichter: Presidents are entitled to have their qualified nominees confirmed. | Elections have consequences. #

.@CMDeB: This is not helpful. Tea Party Scalds GOP Candidate in Va. | Not helpful to whom? GOP, or limited government principles? #

Man, that journo-list is the gift that keeps on giving. Its members colluded to keep Jeremiah Wright out of the news. #

RT @markknoller: UK wants US to understand the economic importance of BP, not drive it into oblivion. | Huh. Yeah. Good luck with that. #

'Rock Band 3' hitting stores on October 26. *sigh* I learned 'Rock Band' by playing an actual instrument. #

Forecaster: End of single-fee broadband is on the way. Enjoy your smartphone's unlimited data plan while you can. #

Comparisons to the Great Depression keep popping up. Just in case you were feeling a bit optimistic. #

Poll: Faith in Social Security system tanking. Looks like someone learned how to do simple math. #

Housing starts fell to the lowest level in 8 months. The one tiny ray of hope is that building permits rose by 2.1%. #

Dale’s Observations For 2010-07-19

BMW has announced the K1600GT sport touring motorcycle. 1600cc 6-cylinder engine. 160HP. 130 ft-lb torque. WANT! #

RT @NickSchweitzer @dmataconis: You misunderestimate her ability. | Perhaps. It may turn out to be perfectly cromulent for her. #

In the future, we may look back on today as the day that Sarah Palin managed to refudiate her chance to become president. She's Quayle II. #

The Republican party cannot be counted on to cut spending II: The GOP's counterinsurgency by spenders. #

People who live in glass houses shouldn't throw stones. Breitbart hits NAACP with promised video of racism. #

The Republican party cannot be trusted to cut spending. #

The Washington Post assesses the US intel community. After post-9/11 billions spent, it sucks. Or just blows. #

The National Association of Home Builders/Wells Fargo confidence index dropped to 14. Unexpectedly. #RecoverySummer #

HTC says the phone named by Steve Jobs as having antenna problems received 35-times less complaints than the iPhone 4. #

Sarah Palin apparently isn't all that interested in the property rights of Muslims, either. #

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