Monday, November 01, 2010

David Broder: War With Iran Will Save Economy, Obama Presidency!!!

Could someone please stop this idiot, David Broder?!

"Here is where Obama is likely to prevail. With strong Republican support in Congress for challenging Iran's ambition to become a nuclear power, he can spend much of 2011 and 2012 orchestrating a showdown with the mullahs. This will help him politically because the opposition party will be urging him on. And as tensions rise and we accelerate preparations for war, the economy will improve." Read the full article

Mugged by the Moralizers by Paul Krugman

"So the moralizers are winning. More and more voters, both here and in Europe, are convinced that what we need is not more stimulus but more punishment. Governments must tighten their belts; debtors must pay what they owe. The irony is that in their determination to punish the undeserving, voters are punishing themselves: by rejecting fiscal stimulus and debt relief, they’re perpetuating high unemployment. They are, in effect, cutting off their own jobs to spite their neighbors." Read the full article

Federal Reserve's, Bernanke's credibility on line with new move to boost economy

"The Federal Reserve is preparing to put its credibility on the line as it rarely has before by taking dramatic new action this week to try jolting the economy out of its slumber." Read the full article

The Economy Is Growing -- But Jobs Aren't Following

"A growth rate of 5 percent or higher is needed to put a major dent in the nation's 9.6 percent unemployment rate."...Read the full article