The Bush Recovery of 2009

How about another installment of Democrat Logic.

As I understand the current state of Democrat thinking, here are the basic assumptions regarding our current economic state.

1. The recession of 2008/2009 was entirely Bush's fault.

2. The recession is either over, or nearly so.

See: Bernanke, AP Economic Revival, Obama: Worst Behind Us

3. TARP Money has been spent, but the so-called Stimulus (American Recovery and Reinvestment Act) has had very little of its funds obligated...actually spent. The numbers range from 10.2 to 18 percent. The higher numbers may reflect a different accounting method: one that puts the money on the "spent" side of the ledger as soon as it is given to the states.

4. Bush was primarily responsible for TARP.

5. Obama was responsible for ARRA (he signed it after all).

If the above 5 items are true, as Democrats tell us there are, then #2 is attributable to #4 since #5 has not had enough time or expendature to have made a difference. In other words, this is President Bush's recovery.

Furthermore, it is entirely logical to attribute part of the stock market resiliency to the Bush tax cuts set to expire next year.

So, thank you Mr President (Bush), according to your political enemies, this is your recovery.

Writing About Killing President Bush Gets You A Movie Deal...Or Two

Do the same about the not-yet-inaugurated Obama. You get arrested. Even if you do it on a website dedicated to aliens and UFO's.

Unfuckingbelievable.

Actually, this rank hypocrisy was easily predicted, but it's nauseating nonetheless.

WASHINGTON (Reuters) - Authorities on Friday arrested a U.S. man on suspicion of threatening to kill President-elect Barack Obama based on statements he posted on a website about UFOs and aliens, the Justice Department said.

Steven Joseph Christopher, in three postings to www.alien-earth.org, said he planned to assassinate Obama in Washington "as a sacrificial lamb," the department said in a statement.

"It's really nothing personal about the man. He speaks well ... . But I know it's for the country's own good that I do this," Christopher reportedly wrote.

Here is a clip from the flick that fantasizes about the assassination of Bush.


For web postings that mention killing the Bush, just use google. From Nobel Prize winner Betty Williams to online games and t-shirts, the list is expansive with almost no arrests.

Try to imagine the scenario where a similar movie is made about Obama...not that I would care to see it. But the point is that even if Obama is the worst failure ever, this would never happen.

Either we live in a country where it's acceptable to call for the president's assassination or it's not. Unequal application of justice is not political correctness, it's a form tyranny. Tyranny that is particularly alarming at a time when the government is expanding at the fastest pace ever seen. How long before justice is solely driven by what is acceptable and not what is lawful or unlawful?

A Funny Thing Happened on July 15th

Bush removed the executive order banning offshore drilling. Look at how investors (Obama calls them speculators) have reacted. They now are starting to believe there is risk in owning oil futures. Oil is down almost 15% and we can only imagine how much more this would drop is congress would follow suit. I know the left would argue that oil development in the future can't help prices now. But what they don't understand is that markets in general and oil specifically are based on politics, psychology, data, and emotions - as well as how much oil is coming out of the ground today or tomorrow.

I got the chart from NYMEX. And you can too right here.

Markets Work...if we let them

President Bush FINALLY recinded the Presidential Order that has prevented drilling on the US continental shelf. While critics (ie political hacks who like high oil prices) say it will take time for any new drilling to bring oil to market. People who understand markets know that prices reflect everything that is known at the time futures contracts are purchased.

So guess what happened.

Oil dropped by almost $10 a barrel in one day.

All while the congressional ban is still in place. If congress removes their ban we would see significant and immediate drop in oil and gas prices.

As I have asked before. Who wants lower gas prices?