Brookes News Update

US interest rates, growth and China : It's the Fed's monetary policy that has been driving the trade deficit and interest rates and not Chinese exports. If there is ever a run on the dollar, blame Greenspan - not Beijing
US Immigration: The Wall Street Journal gets it wrong - again: Stephen Moore, a member of 'The Wall Street Journal's' editorial board, boldly and proudly supports the pro-immigrant side - and gets it badly wrong
How useful is macro-economic data?: Macro-economic indicators are fictitious devices used by governments to justify intervention with businesses. They tell us very little about wealth formation and thus individuals' well-being
The day after terrorists bombed London G8 gave Palestinian terrorists $9 billion: What a 'wonderful' gift! I wonder how many more Jews will have to die more from bombs purchased using the money from Israel's "friends"?
Separation of church and state: myth and reality: Liberals have been indoctrinating American children with lies about the First Amendment. Separation of church and state does not appear anywhere in the Constitution

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ELSEWHERE

I am rather bemused at the way an official "line" about the 7/7 London bombings seems to have taken hold. Everybody now seems to chant that they were suicide bombers whereas there are much better reasons for thinking that they were duped: They knew what they were doing but thought they would get away before the bombs went off -- as the earlier bombers in Spain did. An early version of the "duped" theory is here and I have also re-posted the story here. Recent findings that the car they left behind still had lots of unused bombs in it tend to reinforce they idea that the bombers thought they were coming back and going on to plant more bombs. Whether they thought they were coming back or not does not reduce the evil of the deed as far as I can see. British blogger Snowball thinks there is some sort of official coverup going on.

God, Leftists are thick at times! The BBC has just reported with great amazement that identical twins got identical marks in their university examinations. You'd think they had never heard of genetics! But I guess that 100 years of evidence about the huge role of genetics in what we are and do must be treated as if it did not exist.

There is an amusing explanation here of what the Dems believe in. Excerpt: "They are for a New Holocaust in Israel, a Final Solution de novo, since they are for the Palestinians, whose cultural cause, obsession, raison d'etre, is the annihilation of Israel, and they are not for Israel doing anything in self-defense. They are for a government monopoly of education, even though they are opposed to all other monopolies, except, of course, the fantasy of a Democratic monopoly on political power. They are for the outsourcing of American manufacturing jobs to any and all other countries, because they have been against all efforts to build ugly new factories in America for decades - Not In My Backyard!"

Shut down official feminism: "If Republicans are looking for a way to return to their principles of limited government and reduced federal spending, a good place to start would be rejection of the coming reauthorization of the Violence Against Women Act sponsored by Sen. Joe Biden, D-Del. It's a mystery why Republicans continue to put a billion dollars a year of taxpayers' money into the hands of radical feminists who use it to preach their anti-marriage and anti-male ideology, promote divorce, corrupt the family court system, and engage in liberal political advocacy. Accountability is supposed to be the watchword of the Bush administration, but there's been no accountability or oversight for the act's spending of many billions of dollars. There is no evidence that the Violence Against Women Act has benefited anyone except the radical feminists on its payroll".

What The World Owes Palestinians and The Left: "In the last few weeks, innocent men, women and children have been blown up, paralyzed, brain damaged and otherwise had their lives ruined by Muslim suicide bombers in Britain, Egypt and Iraq. Who can we thank for this man-made plague? Palestinians and the Left. We need to thank Palestinians for their major contribution to humanity -- religiously sanctioned mass murder of innocents through suicide. Prior to the Palestinians, this did not exist.... If blowing up Jewish children is OK, so is blowing up Egyptian, Moroccan, Iraqi, British, Spanish and Russian children. And that is where the Left comes in. They have provided the secular and universal justification for Palestinian Islamic terror against Jews. According to the world's Left, it's OK for Palestinians to put bombs in an Israeli student cafeteria.. But, alas, the anti-Israel Left (an almost redundant description), too, did not understand the genie it had helped unleash onto the world. Why is it all right for Muslims to blow up Israeli children, but not Russian children? Israeli buses, but not British buses? Jews in Israel, but not Muslims in Iraq?.. Like London's mayor, the Left around the world blames Israel for the Palestinian suicide bombers, and blames America for those in Iraq. Without the Left around the world, the Palestinian God-based mass murder through suicide would have been an isolated phenomenon, universally condemned as the evil it is.

Failures of intelligence: "Three weeks before the London bombings of July 7, Britain's Joint Terrorist Analysis Center advised policymakers that 'at present there is not a group with both the current intent and the capability to attack the UK.' ... Less than a month later, 52 people were murdered and 700 wounded when three subway trains and a bus were blown up in the worst act of terrorism the United Kingdom has experienced since the bombing of Pan Am Flight 103 in 1988. Obviously this was a serious intelligence failure. ... But the botched terror assessment raises a question for us, too: Which kind of intelligence failure is better -- the kind that badly understates a threat, such as the one in London, or the kind that overstates a threat, such as the insistent warnings before the invasion of Iraq that Saddam Hussein was armed with weapons of mass destruction?"

NASA is so hopeless that it needs to be abolished: "NASA grounded future shuttle flights Wednesday because a big chunk of insulating foam flew off Discovery's fuel tank during liftoff -- as it did in Columbia's doomed mission -- but this time apparently missed the spacecraft. 'Until we're ready, we won't go fly again. I don't know when that might be,' shuttle program manager Bill Parsons told reporters in a briefing Wednesday evening. He and other managers do not believe the flying debris that snapped off the external fuel tank harmed Discovery, threatening a safe return of its seven astronauts."

For more postings, see EDUCATION WATCH, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE and LEFTISTS AS ELITISTS. Mirror sites here, here, here, here and here. And on Social Security see Dick McDonald

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The anti-business policies and practically all economic policies advocated by the Left are impoverishing. They waste vast slabs of the country's labour-force on bureaucracy and paperwork and so make the country poorer. That is no accident. The Left love the poor. The Left need the poor so that can feel good by patronizing and "helping" them. So they do their best to create as many poor people as possible.

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialistisch)

Comments? Email me here (Hotmail address). If there are no recent posts here blame Blogger.com and visit my mirror site here or here. My Home Page is here or here.

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