News and Commentary for October 13

BGIU-Big Government is Us. “The problem is that the bigger Washington gets, the less room is left for the world that works. As more and more of American life is taken over by the world of politics — in which wealth is not generated, but taken from one’s opponents and distributed to one’s supporters — a smaller share is left for the world that works.” Government 404 Error

Highly unlikely. “There are times when the Obama administration makes statements so disconnected from economic reality that you wonder if any White House official has talked with anyone in business.” Baghdad Bobs of Obamacare

Truth.” Pantywaists from both parties are screaming that Ted Cruz is an extremist who is wrecking the GOP, but is he?  Or is he rather an almost lone voice of reason campaigning vigorously for the principles he espouses: limited government, fiscal restraint, individual responsibility? Of course, all GOPers emit those phrases on the hustings.  How many follow through with action? Hardly any.” It’s Always Worse Than You Think, Washington D.C. Edition

I posted this yesterday, but it’s worth another look—the article above, from Roger Kimball at PJ Media, refers to this.  Funding Jihadists while Denying Military Benefits

They can’t let pesky FOX News ask the more uncomfortable questions. Jay Carney Twice Ignored a FOX News Reporter and this is How It Ended

It’s happening here too. “Paid, pro-government commenters aren’t a new phenomenon in Russia, and similar practices are widespread in countless countries.” Russia’s Online-Comment Propaganda Army

Make it stop! “Much has been written and spoken about the deep divide between “red” and “blue” America, but the real chasm increasingly is between Washington and the rest of the country.” And this: “This has been a golden era for the nation’s capital, perhaps the one place that never really felt the recession. Of the nation’s 10 richest counties, seven are in the Washington area.” Bipartisan Distrust of the Beltway

In the age of Obama, Washington continues to benefit from increased federal power. “Washington is rich not because it makes valuable things, but because it is powerful. With virtually everything subject to regulation, it pays to spend money influencing the regulators.” Column: Are we living in the Hunger Games?

Untenable. “”So the debt increased twice as much as the economy over the last two years, the very definition of unsustainable.  The growth of a nation’s debt cannot for long exceed the growth of its economy – which is precisely what is happening now.”” U.S. Adds Two Times More Debt than Economic Output in Last 2 Years

Debt. This is a Chart Showing Who the U.S. Government Owes the $17 Trillion To.

Intolerable. “There are two possibilities here: Either the IRS is attempting to stonewall Issa’s investigation by improperly and illegally redacting documents he has requested, or the IRS improperly and illegally shared confidential taxpayer information with White House political staff.” IRS vs. Privacy

Purge. “That’s four command-rank officers held accountable for their actions in the military since October 1.  When will see anyone fired over the loss of four Americans in Benghazi over a year ago?  Up to now, no one has lost so much as a single paycheck over that grossly negligent failure to protect a consulate on the anniversary of 9/11 in the terrorist haven of eastern Libya.” Two More Top Pentagon Officers Cashiered This Week

End the secrecy. “The Federal Reserve needs to be audited so that the public can better know what the institution is doing with the U.S. money supply, the Senator writes.” Rand Paul: Why I Plan to Grill Yellen

A bubble in the making as money continues to fall from the sky. “It’s easy to see how Yellen, despite calling for more financial regulation, was Wall Street’s favorite. “Wall Street loves quantitative easing much more than it dislikes regulation,” wrote Yellen critic John Berlau of the free-market Competitive Enterprise Institute.” Janet Yellen Pick Shows Alliance of the Left and Wall Street

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