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Chronicle of the Conspiracy Friday, December 03, 2004 GIULIANI ON WALL STREET Groan. First it was Al Gore becoming an investment manager. Now Rudolph Giuliani, who did so much to crush the investment banking business in the 1980s, is becoming an investment banker. The Wall Street Journal edit page aptly notes this morning that Giuliani has put himself in the crosshairs of the man who has inherited his anti-Wall Street crusader's mantle: Eliot Spitzer:...we hope Mr. Giuliani has also calculated the potential legal risks of such a high-profile financial venture. New York Attorney General Eliot Spitzer has positioned himself to be the Giuliani of this era by making capitalists a special target. The folks who want to see Mr. Giuliani run for President in four years don't want his bid spoiled by another ambitious prosecutor. Posted by Donald L. Luskin at 8:01 AM | link
IT'S IN THEIR GENES Is there anything uniquely Bush about the current French hatred for America? From the Financial Times: Opinion polls show that anti-American feeling has long been evident in France but that it has rocketed under Bush. But what exactly does it mean to be anti-American? Is anti-Americanism a political belief, a passion, an ideology, or a tradition? Posted by Donald L. Luskin at 7:56 AM | link
Thursday, December 02, 2004 WE'RE NOMINATED! Vote early and often, at the Weblog2004 Awards.Thanks to reader Beth Cleaver for the heads up. Posted by Donald L. Luskin at 9:00 PM | link
NOW THAT'S RICH Dec. 1, 2004 — Former American fugitive Marc Rich was a middleman for several of Iraq's suspect oil deals in February 2001, just one month after his pardon from President Clinton, according to oil industry shipping records obtained by ABC News.Thanks to reader Jill Olson for the link. Posted by Donald L. Luskin at 1:11 AM | link
Wednesday, December 01, 2004
Thanks to reader Jill Olson for the link. Posted by Donald L. Luskin at 1:10 AM | link
DEMOCRACY INACTION Borowitz reports:
Thanks to reader Dave Duval for the link. Posted by Donald L. Luskin at 1:09 AM | link
KEMP ON DEBT, DOLLAR AND DEFICIT Here's an excellent column by Jack Kemp -- using simple language and clear logic to blow up the prevailing mythology about debt, deficits and the dollar:
Thanks to reader Perry Eidelbus for the link. Posted by Donald L. Luskin at 1:08 AM | link
Tuesday, November 30, 2004
Tasers Should Be Banned, Human Rights Group Says; Shares PlungeUh, no... the stock simply split 2:1 today. Thanks to our correspondent "Irrational Exuberance" for the catch. Posted by Donald L. Luskin at 8:22 AM | link
KRUGMAN SPIDERHOLE WATCH 4 It's an error, not a witticism. Here Paul Krugman is described as "the patronizing saint of the American left." Perfect! Posted by Donald L. Luskin at 6:36 AM | link
BUSH ECONOMIC TEAM Bush makes another in-your-face affirmative action cabinet appointment: Carlos Gutierrez, a native of Cuba and now the chief executive officer of Kellogg Co., to be secretary of commerce. It's all part of a shake-up of the economic team. Even Monopoly Man John Snow isn't safe: The Washington Post reports paradoxically, One senior administration official said Treasury Secretary John W. Snow is free to stay as long as he wants, provided it is not very long.Thanks to reader Jill Olson for the link. Extra! The Astute Blogger weighs in on why Condi drives the left nuts. Thanks to reader Daniel Aronstein for the link. Posted by Donald L. Luskin at 6:33 AM | link
KRUGMAN SPIDERHOLE WATCH 3 New Zealand's Finance Minister Michael Cullen addresses a meeting of the Organization for Economic Development and Cooperation, and refers to Paul Krugman as "the leading US economist." Leading what, exactly? The reality-based community? Thanks to Pundit Review for the link. Posted by Donald L. Luskin at 6:25 AM | link
JOKE OF THE DAY Posted by Donald L. Luskin at 6:24 AM | link
Monday, November 29, 2004
Liberals love to call conservatives racists, sexists, and homophobes, but this is mere projection. They’re the ones who make assumptions about people on the basis of race, skin color, ethnicity, sex, and sexuality. A conservative black person isn’t really black, in their view. A conservative woman isn’t really a woman. A conservative homosexual isn’t really homosexual. This is persuasive definition of the worst sort. It’s an attempt to make reality fit liberal preconceptions. This isn’t politics. It’s mental illness.I don't disagree with Keith's "class traitor" model -- it's classic. But I think it's more than that, too. First, liberals see Bush as poaching. Only they are supposed to be able to get brownie points for hiring minorities into positions of power. Second, Bush is cheating at the affirmative action game -- he hired someone superbly qualified (which means he really picked her based on qualifications, not race -- so it's not really affirmative action). No wonder liberals loathe Bush: he plays the game brilliantly and puts it right in their faces. I mean, the nerve of the man to dare to out-Albright Clinton by hiring a black woman to be Secretary of State. And what a slap in the face to the fundamental unspoken premise of affirmative action -- hiring one who actually deserves the job. Posted by Donald L. Luskin at 6:26 AM | link
GO BROKE BETTER WITH COKE And you thought it couldn't get any sillier than Al Gore becoming an investment manager. Here's a new sinkhole for liberals to throw their money into: A former Wall Street stockbroker plans to launch a hedge fund to short-sell shares in Coca-Cola and give any profits to people in countries he says the U.S. drinks company has exploited.Thanks to reader Perry Eidelbus for the link. Posted by Donald L. Luskin at 6:25 AM | link
FOR CARTER, JUST A MATTER OF STYLE GRAYDON Carter has an overriding theory as to why President Bush beat John Kerry. Speaking at the Miami Book Fair, Carter, esteemed editor of Vanity Fair and author of "What We've Lost: How the Bush Administration Has Curtailed Our Freedoms, Mortgaged Our Economy, Ravaged Our Environment, and Damaged Our Standing in the World," seemed to chalk up Kerry's collapse to the senator's stiff speaking style. "John Kerry was talking to somebody with a bowtie, a striped shirt and a blazer," cracked Carter. The Miami New Times also reports Carter said: "He should have been talking to those people out there, those Wal-Mart people, those people who like to keep their Christmas lights on all year round."Thanks to Bruce Bartlett for the link. Posted by Donald L. Luskin at 6:25 AM | link
THE TRUTH THEY CAN'T HANDLE Janan Ganesh in the London Times: Jack Nicholson's "you can’t handle the truth" routine in A Few Good Men has become an iconic monologue of modern cinema, but the point he was making is rarely grasped. The injustice Nicholson laments is not that we expect a noble minority to pay the blood price for our security -- it was ever thus -- but that we demand the right to tell them how to do it. Shackled by laws, norms and protocol concocted by legalists, the US Armed Forces -- who have done more for freedom of the press than all the world's journalists combined -- are put in an impossible position. It is nauseating enough that they are now casually disparaged as "hicks" and "rednecks" by do-nothing civilians, without the supposedly objective media joining in.Thanks to reader Orest Mandzy for the link. Posted by Donald L. Luskin at 6:24 AM | link
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