Wandering … my mind is wandering

Henninger on Obama’s speech in Cleveland:

It’s true the Obama Cleveland speech had many familiar rhetorical distortions. One of the most revealing, though, is that “Governor Romney and his allies in Congress believe deeply in the theory that . . . the best way to grow the economy is from the top down.”

Whatever that may mean, more interesting is the Obama counter-theory found here, what he calls “our North Star—an economy that’s built not from the top down, but from a growing middle class.”

There is no theory anywhere in non-Marxist economics that says growth’s primary engine is a social class. A middle class is the result of growth, not its cause. Barack Obama not only believes in class-based growth but has built his whole growth strategy around it.

One word appears nowhere in the 53-minute Obama speech on economic growth: “capital.” Human, financial, whatever. Capital dare not speak its name.

Most revealing is that the phrases “my plan” and “I have a plan” appear 13 times. A central role for planning often appears in emerging, underdeveloped economies, not in an advanced economy like ours in which the discovery and diffusion of productive new ideas is spontaneous, rapid and unpredictable.


After a day of “no public scheule”, Obama’s got plenty of time -today – for a Choom gang meet-up.

10:00 am || Receives the Presidential Daily Briefing
10:30 am || Meets with senior advisors
12:30 pm || Lunch with Biden
1:40 pm ET || Remarks on student loan rates

Really? That’s it?


Hey, did you hear Obama was in Chicago last weekend? An appeal to Obama:

ON THAT weekend when you were here June 15-17, six people were killed and 31 others were shot. In fact, there have been more than 200 killings in this city in 2012 and hundreds of shootings. Please don’t get mad at the messenger because I truly do care that our people — yes, I said “our people” or minorities — are continuing to hurt, kill and disrespect each other, especially when the hot sun comes out to play.

But Obama, and the Jarrett wedding party were safe. Up to 200 police officers were put on the parameter, paid for by Chicao. The city was not reimbursed by the federal government.

David Codrea breaks it down for you.

“Weekend violence didn’t stop for President Barack Obama’s Chicago visit.”

No, of course it didn’t. But it did show the citizen-as-inmate treatment it would take to create the “gun free” environment that is the goal of those who would impose a ‘monopoly of violence.” Not that the resources exist to do that, and not that an armed citizenry wouldn’t resist such intolerable tyranny–which helps explain why “gun control” is such a priority for those who would do the controlling.

Meanwhile, as the ruling elites celebrated under taxpayer-funded armed protection and their Chicago machine-dependent constituent pawns were being slaughtered, race-hustling sideshow carnival barker Jesse Jackson was out there conning “community organized” marks into thinking the problem was lawful private gun ownership. And as usual, state-worshiping “Authorized Journalists” were happy to spread that meme on his behalf.

What is Jackson doing? Asking people to protest at gun shops. @@ The response was underwhelming.

And the June 16th results were even worse for Jackson, as only 3 people showed up for a planned protest of a Detroit area gun store.

That’s not a typo—only 3 people showed up. And the funniest part is that Jesse Jackson wasn’t one of them. He did all that talking, all that huffing and puffing, and then stayed home while less than a handful of his followers protested the “insurgents” who sell “the guns to kill the people.”

By the way, more than 50 people showed up as part of a counter protest in support of the gun store. Thus, Jackson’s minions were outnumbered at least 17 to 1.

Of course, one of the problems with Jess Jackson protesting gun stores in Detroit is that there ARE none. He had to take his protest to Southfield.

More funny here.

Pictures here.

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