Sunday, May 23, 2010

HOT5 Daily 5/23/2010

1. "Rudderless" I prefer "clueless," but another good adjective describing Obama's foreign policy.

Representative Sample: Faced by the linked yet separate crises in the Middle East and in Northeast Asia the Obama administration is acting like it was shot through the central nervous system, acting in uncoordinated jerks. The alliances with Korea and Japan and the special relationships with Israel and Britain lie almost forgotten like neglected toys on the floor of a spoiled child distracted by his latest bauble.

2. "Duty, Honor, Blah Blah Blah, Etc." Obama's West Point speech.

Representative Sample: he might have come clean, with something like, “I am one of those who have disparaged everything that Americans fought and died for these last nine years, who sought to render it meaningless, even suggesting our nation brought all this trouble on itself. I am slowly learning, now that I’m going to have whatever happens hung around my neck, that war is a serious business and our enemy actually wants to kill us.

3. "There's Something I Have to Tell You" Prepare for the return of the Old Ones.

Representative Sample: It's a graphic.

4. "How to Prevent the Next Financial Crisis" Some good suggestions.

Representative Sample: Everyone is running around trying to figure out what legislation we need to keep us from having a financial meltdown ever again. The proposed legislation runs to thousands of pages . This is totally unnecessary.

5. "The Laffer Curve, as Explained in 1377" Really.

Representative Sample: When tax assessments and imposts upon the subjects are low, the latter have the energy and desire to do things. Cultural enterprises grow and increase, because the low taxes bring satisfaction. When cultural enterprises grow, the number of individual imposts and assessments mounts. In consequence, the tax revenue, which is the sum total of (the individual assessments), increases

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