Ron Paul vs. 4 on MSNBC

Old? Yes. Nevertheless, Congressman Paul is still sharp as a tack and his commentary brilliant. Great message Dr. Paul!

My favorite part of the video is the last question of whether he is willing to accept 15% employment in order to get back to prosperity.

In the Economic Octagon: Mike Shedlock vs. Peter Schiff

If you all are clueless as to what the Octagon is, please put your purse down before you continue reading. This fight over economic theory is going to get bloody. It’s about the near term and long term future of America’s economy. 

Fighting Economic Theory and Analysis are Two Contestants:

Peter “Dr. Doom” Schiff is like Chuck Liddell. You think he’s a heavy but he’s really not. He believes in Hyperinflation or severe inflation. Allegedly, his clients have lost a hell of a lot.

Mike Shedlock (aka “MISH”) for those in the know. MISH is the challenger but he’s sharp like Randy Couture and has Schiff’s number like Rampage Jackson had Liddell’s. MISH holds that there’s not enough cash to service the bad debt let alone the good debt. MISH’s management fund is smoking and has been so for several years.

Fight Commentary: ROUND 1

Peter Schiff has been over hyped like some genius regarding the catastrophic fall of the economy. To wit, Fortune Magazine published this drivell: “Dr. Doom’ became a star by predicting last year’s market meltdown. And now his 2009 forecast is even scarier.” 

MISH is a rising star in the blogosphere and its where the writers at the OATH have been for the past several months. He points out in several places how wrong Peter Schiff is and how much money he’s lost for his clients.

I almost feel bad for Schiff because he stuck his Austrian neck out only to have it in MISH’s guillotine. MISH is another Austrian who is untrained in economics. Incredible! Absolutely incredible that someone with little training could display such a grasp in this economic time. 

The main issue comes down to whether there is going to be INFLATION or continued DEFLATION. Schiff argues for the former. At the moment, Shedlock has got him.

But here’s a response from Schiff’s management fund attempting to stop the blood flow that includes a response from Schiff’s brother Andrew Schiff. (Apparently Peter is dumbstruck by Shedlock’s decisive speed and needs more help.) Curious, though. If Shedlock is wrong about the losses and the claim is that he’s trying to get more business for himself, why hasn’t Schiff filed a libel / defamation suit? Answer: Truth is a defense.

Round 1 goes to Shedlock. We’ll see if Schiff can continue.

Eric Cantor’s Bailout Flip Flops

Politico has an article out where the GOP allegedly is trying to return to its roots. I found it somewhat inconsistent of Eric Cantor to vote for Bush’s bailout and then acting as the No.2 Minority Whip, urge Republicans to vote against this one. (The other RINO leader, Boehner, seems to be pretending that he likes to vote against stimuli, too.)

Spark it up critiqued Cantor for this back in September of 2008. It is this brand of flip flop RINO conservativism that has cost us credibility with the public and tarnished the brand we once stood for. Why? Because the middle of the road types, not to mention our own party, no longer trusts the flip floppers.

I will begin a weekly roundup to point out the flip floppers so that we will remember them in the future. Once we clean house, we can restore the Republican Party and the Republic.

Client Attacks Lawyer

I know this isn’t my typical article. After reading this, I ask you, what was the lawyer thinking ? Obviously, it was “You’re sh***en me?” I’m sorry, that wasn’t dung right. Read this and you’ll see what I mean.

MAN ATTACKS HIS LAWYER IN COURT WITH FECES

SAN DIEGO – A mistrial was declared Monday when a home-invasion robbery suspect smeared human feces on his attorney’s face then threw more at the jury.

Weusi McGowan, 37, was upset because San Diego Superior Court Judge Jeffrey Fraser refused to remove Deputy Alternate Public Defender Jeffrey Martin from the case, prosecutor Christopher Lawson said. 

At the mid-morning break, McGowan produced a plastic baggie filled with fecal matter and spread it on Martin’s hair and face, then flung the excrement toward the jury box, hitting the briefcase of juror No. 9 but missing the juror himself. 

“That juror didn’t even see it coming,” Lawson said. 

The prosecutor said the defendant was compliant after the outburst and was taken into custody without further incident. 

After lunch, Fraser dismissed the jury, telling them McGowan would have to get a new lawyer and that his trial would be delayed. 

The judge scheduled a status conference for Feb. 9 and raised the defendant’s bail from $250,000 to $1 million, finding he is a danger to the community. 

Lawson said McGowan originally became upset last week when he claimed one of the jurors saw him in shackles as he entered the courtroom. Fraser dismissed all jurors who saw the defendant in shackles, the prosecutor said. 

“The judge had been very fair,” Lawson said. “All jurors who saw it were dismissed.” 

Fraser had also denied McGowan’s attempt to represent himself, saying the request was untimely, Lawson said. 

The prosecutor said the defendant had previously wiped human feces on himself and was examined by doctors to ensure he was mentally competent to stand trial. 

McGowan is charged with kidnapping for robbery, assault with a deadly weapon and other counts and could face assault charges in connection with the attack on his attorney and jury, Lawson said. 

The prosecutor said the defendant hit a man with a rock in a sock as the victim came out of his home to investigate a commotion on Oct. 17, 2007. 

McGowan allegedly ransacked the man’s apartment then stole some of the victim’s belongings and took off in the victim’s car. 

He was arrested 20 minutes later, Lawson said.

Chief Justice Roberts and the Oath: Arrogance, Negligence, or Both?

I believe Chief Justice Roberts’ flub was negligently arrogant. (Mind you that this is old news by now and I had not intended writing on this topic but it strikes against the very rock that every public official should be tethered to–the oath of office.) Let us review the picture of Obama’s swearing in ceremony.

 

 

 

 

 

 

 

 

 

What is missing? We see two men staring at each other. Both have their hands raised. However, a certain Chief Justice is doing something that heretofore has not been seen in any inauguration: there is no Constitution or at least a note card in his hand to guide him. Is this arrogance? Yes, and here’s why. 

Whether Roberts was outstanding at memorizing and delivering the 35 words in the Oath of Office is irrelevant. By holding a copy of the Constitution or at least a note card to remind the average American that it is not the Chief Justice that matters but rather it is that those words come hallowed constitutional writ. By at least looking down to a note card or stating that one is reciting from Article II, Section 1 of the Constitution, we would have had the impression that the Justice was invoking a decidedly higher authority governing both the Judicial Branch and the Executive Branch.

 We all know what happened. As a reminder, here’s the video again:

Now let us review what Roberts should have said by reading  Article II, Section I of the U.S. Constitution:

“I do solemnly swear (or affirm) that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States.”

What about negligence? Because Roberts decidedly wished to have the crowd focus on him rather than drawing attention to the source of Obama’s oath, his failure to appreciate the imperative of the oath of office by insuring its proper respect is sloppy.

And so I conclude, that Chief Justice Roberts singularly responsible for putting on full display the arrogance of our elected officials in negligently paying attention to their oath of office. But should we expect otherwise? After all, there isn’t a fact pattern in the last 20 years that the alleged “conservatives” on the bench haven’t been able to balance with some sort of made up, evolving judicial test of law. 

All I can say is that it is poetic justice that a Marxist Obama would be able to gloat as Roberts was forced to come back to the White House to remove the doubt Roberts created in the first place.