Wednesday Round Up

“Government is not reason, it is not eloquence, it is force; like fire, a troublesome servant and a fearful master. Never for a moment should it be left to irresponsible action.” –George Washington

  • Dude! Where’s My Recession? Out: Recession. In: Expansion. That’s my quick take on today’s first-quarter gross domestic product number, which showed that the economy grew 0.6 percent in the first quarter. Now that’s not a robust number by any means, but it’s not so bad given all the worry out there that the economy is headed off a cliff. Before you declare a recession, as many economic pundits have, shouldn’t the economy, well, actually recess a bit–if only for a quarter? (Via US News)
  • Maverick Economics Uncle Sam has plenty of dough. That’s the core belief at the center of McCainomics. Or maybe we should call it “maverick economics,” since John McCain’s approach toward taxes and government spending has the potential to change the rules of the Washington budget game. Actually, it has the potential to change the game itself and perhaps create a long-term solution to America’s fiscal problem–with trillions left over. (Via US News)
  • Evil Oil companies Oil companies are evil. We all know that. They make billions of dollars a year. How could anyone make billions of dollars a year and not be evil? (Via Not Your Daddy)
  • Dick Durbin thinks ethanol is part of the food crisis Senate Majority Whip Dick Durbin (D-Ill.) said Monday that U.S. ethanol policies may be partly to blame for a global food crisis threatening to leave millions hungry. Is he going to do anything about it? Of course not. Durbin, whose state produced 2.28 billion bushels of corn in 2007 — second only to Iowa — emphasized he wasn’t advocating a shift from policies that provide incentives for biofuel production. (Via The Hill)
  • Verbatim Bush Says Congress Stands In Way Of Cheaper, More Reliable Energy. (Via IBD)
  • What War Economy?/ The editor of our local weekly newspaper, The Independent Coast Observer, like most Democrats finds a way to blame anything happening in the world that they term “bad” on President Bush. In a recent editorial titled “War Economy” he blamed “skyrocketing” interest rates and our slumping economy on the Iraq war. I wrote the following to try to give him a little Economics 101. (Via Strong as an ox and nearly as smart)
  • House Calls Health Care: The Democratic presidential candidates continue to promote government-run medicine, but the GOP candidate has a novel proposition: Reduce the state’s role. (Via IBD)
  • OUTRAGE DNC Ad Shows U.S. Soldiers Being Blown Up Disgusting. simply disgusting. (Via PC Free Zone )
  • Now there’s a new twist BBC says Hillary is like Glenn Close in Fatal Attraction. (Via News Busters)
  • PWND! Code Pink gets a taste of their own medicine! (Via: 123 Beta)
  • PWND 2! After years of complaining about the Patriot Act, there are now a little over one million hypocritical reasons, why Baghdad Jim McDermott is on the losing end of a richly deserved lawsuit (Via Six Meat Buffet)
  • Identity Politics is bad for America The Democrats’ longstanding reliance on identity politics has come back to bite them in their 2008 primaries. It’s dangerous for them — and for the country. (Via Pajamas Media)
  • New Orleans Floodwalls Stuffed With Newspaper?
    Economy Update