Drat!

It’s the Fed talking to itself in ’06, almost all bullish on the housing market. WSJ item, subscription only.

Some quotable quotes, however:

Again, I think we are unlikely to see growth being derailed by the housing market, but I do want us to be prepared for some quarter-to-quarter fluctuations, Bernanke says. He identifies housing as a crucial issue, but adds that he agrees with most of the commentary that the strong fundamentals support a relatively soft landing in housing.

Timothy Geithner, who is now Treasury Secretary and was then president of the Federal Reserve Bank of New York, doesnt see the parallel risks building in the financial system. Equity prices and credit spreads suggest considerable confidence in the prospect for growth, he says. Overall financial conditions seem pretty supportive of the expansion.

These gnomes of Washington heard some nay-sayers out but in their wisdom made their umpirical calls. Point is, who the hell can read the future that way? Does not the market have its own self-correcting mechanisms, when millions vote with their purchases and sales? And who

says these fellows can read the entrails?

Newt’s attacks did this, says Jim Geraghty:

Mitt Romney’s campaign is now about something: the defense of free enterprise from a president and a movement that believe they can build a layoff-free future through government regulation of the economy. We’ve seen that vision crash and burn around the world, but we’re forced to make this argument and preserve (and restore) the system that has created more opportunity and more prosperity to more people than any other, one more time.

More more more in Geraghty’s Morning Jolt emails.

She’s black?

Angry woman is what I been hearing.

Help Gov. Scott Walker in his trying to save Wisconsin from entrenched special interests.

For major media outlets to allow this comment says something about which way the wind is blowing:

Simpson, a graduate of Lincoln Park High School and a part-time student at Phoenix University, said the incident showed the value of concealed carry laws in place in other states, pointing out that he wouldn’t have been entitled to carry his weapon in Illinois if he hadn’t been on his way to work [as a security guard].

He’s Spc. Paville Simpson, a Natl Guard MP, who nabbed three thieving hoodlums at a Red Line station. 

 

No. What it takes that he thinks will improve the economy.

Big difference. He’s supposed to argue his point, not impose it. He’s tone deaf as to constitutional requirements, not to mention egotistical, imperial, cocky as all get-out.

Statistics, one of three kinds of lie:

James Pethokoukis: What the plunging unemployment rate really means for Obamas reelection. Those headline economic numbers are terribly misleading, hardly reflecting the devastation most Americans still see every day. An 8.5 percent unemployment rate? Please. If the size of the U.S. labor force [were] as large as it was when Barack Obama took office, the unemployment rate would be 10.9 percent.

But since so many people have gotten discouraged and stopped looking for work and [were] thus disappeared by government statisticians the jobless number has been artificially depressed.

A better gauge of the jobs picture is the broader U-6 rate, which includes part-timers who would rather have full-time jobs. It stands at a whopping 15.2 percent. [Italics,
boldface added]

Statistics don’t lie, White Houses do. [Much
obliged, Instapundit]

I refuse to believe that these creepy characters represent a main stream of same-sex-oriented people.

It’s the first time in his tenure that I have felt like going to the mat for, not with, Cardinal George, whose obvious main crime is not using the KKK word but in being outspoken about their behavior and violating the city’s smothering political correctness.

Lift the steins in the hiring hall, 12 big months comin’ up.