Thursday Morning Read (Wizbang)

The Statue of Liberty is no longer saying, "Give me your poor, your tired, your huddled masses." She's got a baseball bat and yelling, "You want a piece of me?" -Robin Williams

Looks like the candidates have hit some bumps in their campaigns (what else is new?)

Obama doesn't want this daughters punished with a baby Let's see how he gets out of this one. (Via Stop The ACLU)

Here's the video: Obama's Johnstown, PA Speech segment

Obama favors higher taxes, but doesnt' favor spending cuts This is news why? (via US News)

No Economic JFK Fiscal Policy: In entertaining a near-doubling of the capital gains tax, Barack Obama shows that, unlike JFK, to whom he so often is compared, he under-appreciates the key link between investment and prosperity. (Via IBD Editorials)

Elizabeth Edwards feels left out Apparently John McCain's healthcare proposal has Elizabeth Edwards peeved because it doesn't include 'people like her'. (Via The Pirates Cove)

Clinton didnt pay her health insurance bills Among the debts reported this month by Hillary Rodham Clinton's struggling presidential campaign, the $292,000 in unpaid health insurance premiums for her campaign staff stands out. (Via Politico)

The economic news of late has been fairly gloomy. I've been hearing and seeing the ' new great depression' being tossed around like it's imminent. Maybe it is if you bought a $250k on a $50k a year salary. At any rate, here's a round up from various sources whom all have various and sundried links as well.

Media wants a recession part 1 and Part 2 Both pieces ( via Liberty Pundit)

The US is in another Great Depression The editors at The Independent offer photographic proof! Too bad the picture was made in 2005. (Via Campaign Spot at National Review)

Media Made Depression Journalism: It's been said the press notice the homeless problem only when a Republican's in office. The same could be said for food stamps, which the media now are using as an economic indicator. When you click on the article pay attention to the chart on the right. (Via IBD Editorials)

The 'recession' is a media myth "As most experts know, our economy is in a recession." -Barack Obama. Hillary Clinton made similar statements last fall. Yet, as any economist knows, a recession is two consecutive quarters of negative growth, and we haven't even had one single quarter of negative growth reported. The economy slowed down significantly during the end of last year, but that was after a sizzling annual GDP growth rate of 4.9 percent in the third quarter." (Via Fox News)

Does big government need to rescue big money? Remember how back after the tech-stock implosion in 2000, Congress passed all those new laws and regulations to prevent companies with fanciful business models and completely unrealistic profit projections from going public? You don't? Well, that's because it didn't happen. It didn't have to. (Via US News)

Paulson's Plans Bank Reform: Treasury Secretary Henry Paulson has proposed sweeping new financial reforms that would in many ways be an improvement over the dysfunctional system we now have. But we do have some concerns. (Via IBD Editorials)

And from the news of the second great depression we skip over to O-I-L and Global Warming

New oil field discovered in the US Its discovery will fall on the deaf ears of our elected government representatives. (Via Flopping Aces)

Climate change and adaptation fee It's another fancy term for a new tax. Heads up LA. Your elected leaders want to raise your taxes to force you to help combat global warming . Can someone please explain how paying higher taxes alleviates global whatever? (Via Lucianne)

The Wizbang® Network

Wizbang Blue: Obama Wants to End This War and Leave (ASAP). McCain Wants to Continue This War and Stay.

Lately, there have been some undercurrents of nervousness with Democrats that Obama in his new emphasis that he is mainstream American, and not a wide-eyed radical, may be abandoning some of his liberal positions. I shared some of those concerns...

7:00 PM | 0 comments

Wizbang Pop!: Madonna releases statement

Madonna has released an exclusive statement to PEOPLE, denying that she is divorcing Guy Ritchie or having an affair with Yankee star Alex Rodriguez. "My husband and I are...

3:19 PM | 0 comments

Wizbang Pop!: WEEKEND BOX OFFICE July 4-6, 2008

[bom]...

12:52 PM | 0 comments

Wizbang Pop!: Fourth of July with the Stars...

So you spent your fourth of July sitting in a dark room hearing fire works off in the distance? Sounds familiar. Curious if any celebs spent it the same way?...

12:00 PM | 1 comments

Wizbang Sports: Former San Diego Chargers safety Terrence Kiel dead at 27

He died in a auto accident late last night. If not for Kiel's arrest for shipping cough medicine two years ago, I would most likely not even remember him. RIP....

5:13 PM | 0 comments

Wizbang Pop!: Ledger Family Leaves For "Dark Knight" Premiere

It's a tragedy that still eerily lingers within the entertainment industry. And six months after his tragic death, Heath Ledger's parents are getting ready to celebrate his role in "The...

2:32 PM | 0 comments

Wizbang Pop!: The One Where the 'Friends' Movie Was a Lie

There are no plans for a rumoured big-screen version of Friends, film studio Warner Bros has told the BBC. Since the success of the Sex and the City movie,...

2:03 PM | 0 comments

Wizbang Sports: Venus Williams wins her 5th Wimbledon title

She defeated her sister Serena for her seventh career grand slam title. WIMBLEDON, England - Venus Williams beat sister Serena 7-5, 6-4 Saturday for her fifth Wimbledon title and...

2:01 PM | 1 comments

Wizbang Blue: Right Wing Broadcasters Fear Any Return To The Fairness Doctrine

Government's role regulating free speech needs to be as limited as possible. The freedom allowed under the 1st Amendment isn't always attractive, yet to limit free expression is always the worst possible option.

12:29 PM | 2 comments

Wizbang Blue: Stupid Bigot, Jesse Helms Dead At 86

Certainly all right thinking persons regret the death of anyone. And best wishes to anyone in the Helms family need to be extended at this sorrowful time for them. However as a lawmaker, Helms was one of the very worst...

7:34 PM | 4 comments

Comments (4)

I think I get the last item... (Below threshold)

1. Posted by Jim Addison | April 3, 2008 12:53 AM | Score: 0 (0 votes cast)

Jim Addison:

I think I get the last item. You have to think like a liberal to get it, so possible side effects include severe headaches, weakened knees, spinal deterioration, and a distinct yellowing streak along the length of the back - but it's for science:

Naturally, higher taxes in LA don't directly affect "global warming" one way or the other. However, by saying the higher taxes are "for" global warming makes them feel as if they are doing something about it. As we already understand, to liberals it is far more important to feel you are doing something than to actually do it. Perception becomes reality, and Voila! - any "climate change" may remain unchanged, but doggone it, don't ya feel better already?

Posted on April 3, 2008 00:53

"The editors at The Inde... (Below threshold)

2. Posted by Oyster | April 3, 2008 7:42 AM | Score: 0 (0 votes cast)

Oyster:

"The editors at The Independent offer photographic proof! Too bad the picture was made in 2005."

You're right. This last November was the 19th annual coat drive. Which must mean then that we've been in a depression for 19 years now and didn't know it :)

At least they didn't lie about it being the 17th annual drive. I suppose it takes their minds off their own poor and disadvantaged by pointing out ours.

Posted on April 3, 2008 07:42

Obama doesn't want... (Below threshold)

3. Posted by Eric F | April 3, 2008 9:46 AM | Score: 0 (0 votes cast)

Eric F:

I'd heard pundits last week say it was due to too-much parsing of words by the "far right".

So, since Queen Media have decided this, so shall it be.

Posted on April 3, 2008 09:46

It is sad that he can get a... (Below threshold)

4. Posted by moseby | April 3, 2008 10:17 AM | Score: 0 (0 votes cast)

moseby:

It is sad that he can get away with saying "punished with a baby" cuz most folks over in Pennsatucky won't even catch it....

Posted on April 3, 2008 10:17

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