George Rebane
George Soros funded progressive activist organization Media Matters is again shifting its longstanding campaign to shut down Fox News into high gear. Their last year’s effort lobbying sponsors to drop Glenn Beck was so successful that they are next targeting Hannity on a fast track to shut down the whole network in this election year.
RR has long maintained that the radical leftwing has had in its agenda the silencing of opposition voices for the simple reason that open debate of issues and solutions has always been harmful to their cause. The self-declared middle roaders always gather to downgrade such campaigns by claiming that they are just symmetrical efforts by both left and right to silence each other. To my knowledge no such conservative campaign has ever been exposed by the Left (witness the response of the local echo chamber on these pages) beyond their empty accusations. Can anyone produce a strategy and planning document like this that was written by the Right?
Stockton’s planned bankruptcy has heralded the start of the rush to Chapter 9 across the country. And the perennially blind progressives are howling louder than ever, ‘Pay no attention to the lavish and unfunded pensions behind the curtain, it’s all the fault of the (Bush2) recession.’ None of them can master the arithmetic to demonstrate that the recession had little to do with what was already baked into the pension debit accounts of jurisdictions across the land.
As California spirals into the abyss, in Sacramento the Senate is considering SB1233 that requires all petitions for California’s propositions and referendums be printed in eleven (no joke!) languages. Whatever the merits of our policy of letting politicians duck the heavy legislative lifting, such a law would essentially increase the cost of public initiatives out of reach of the public. This provision is proposed by the same scumbags who regularly don’t even print their bills in English before voting on them (apparently applying the Pelosi Principle on the state level). With a permanently busted budget and businesses fleeing the state, this is the type of legislation that is keeping our honorables busy?!
[update] Another hunk of evidence, as if one more is needed, that government knows next to nothing about business operations arrived today. Bank of America announced that it has lost over $40,000,000,000 in the travails following its (mis)acquisition of Countrywide Financial (here). We contrast that to the recent JP Morgan Chase loss of $2B which set congressional hearts a flutter with another possible opportunity to regulate more. BofA’s bad investment is nothing more or less than just another of a continuing stream of good and bad investments that businesses make with their own monies. And wise investors who bet their own funds on such companies are always betting under the dictum caveat emptor.
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