Friday, August 31, 2007
Peggy Noonan on Iraq
No question. It would make news. The president's opponents and the news media would interpret it as weakness. They would argue he knows he's defeated. They'd say he's finally recognizing what they have known for years: Iraq is lost and so is he.
Noonan says it's the president's fault that his opponents misinterpret what he says. She says that when the president argues that "precipitous withdrawal [from Iraq] will create a vacuum that will be filled by killing and that will tip the world to darkness," what his opponents hear is "I got you into this, I reaped the early rewards, I rubbed your noses in it, and now you have to save the situation."
Noonan credits the president with being right about the dangers of leaving Iraq too soon. She says his warnings are realistic. But she apparently thinks he ought not issue warnings. He ought instead to soften his message so it doesn't make his opponents angry. If he would do that, she seems to suggest, Harry Reid would stop saying the war is lost.
Thursday, August 30, 2007
LAT on prime borrowers
LAT promotes left-wing group
Wednesday, August 29, 2007
LAT touts Chemerinsky
Tuesday, August 28, 2007
Reno v Gonzales
The LAT on Gonzales
Hanging first, trial later.
Harry Reid
Monday, August 27, 2007
The good war
Green cars
Sunday, August 26, 2007
Letters
Whether he's right or wrong, Orange County needs public transportation that people will use if the entire county is not to be paved over with concrete. People use public transportation all over the world. Why would they not in Orange County if it were fast, convenient and not expensive? Whether light rail is the best form of public transportation for Orange County is a question. Arguments against light rail are that it's expensive and people will not use it. Buses may be cheaper but people are not likely to leave their cars to ride buses.
Saturday, August 25, 2007
LAT supports Dem vote plan
Neither idea is helpful. You can't blame Republicans for wanting to change a system that renders their votes meaningless, but that applies to Democrats as well. Unfortunately, national elections are usually decided before California's polls close. Fortunately, there are few other disadvantages to living in California.
Wednesday, August 22, 2007
O. C. Register take on CA budget settlement
LAT on "contempt"
LAT on Obama's spouse
LAT's Gosselin -- News Analysis
Gosselin points out that polls show Americans think the economy is getting worse. They've thought that for 5 years and have been wrong every year because that's what the news media tell them. Gosselin could write an article pointing out how well the economy has done and is doing. But that wouldn't fit his agenda or the LAT's. Instead, he suggests that Democrats are lucky that Americans are so poorly informed.
Monday, August 20, 2007
O. C. Register on Chavez and Penn
Saturday, August 18, 2007
LAT on California's budget stalemate
Friday, August 17, 2007
The Economist evaluated
The Economist on Karl Rove
The Economist on the volatile markets
Probably no one can explain because there isn't an explanation. Three weeks ago everyone was fat, dumb and happy. Now, everyone is worried. Not much has changed in three weeks, only the perception of events.
LAT on Padilla
Thursday, August 16, 2007
LAT hypes foreclosures
The increase in mortgages under foreclosure from January to July is roughly one-half of one percent according to the LAT. That's depicted on a graph with a scale of zero to 1.2 percent, resulting in a line slanted upward at roughly 30 degrees. If the reverse were depicted on a graph -- the percent of mortgages not under foreclosure -- on a scale of zero to 100, the change would be a mere blip. Figures don't lie but liars figure.
Tuesday, August 14, 2007
WSJ on Rove
Isn't that what everybody does? The Democrat presidential candidates have recently appealed to gays and left-wing, anti-war bloggers. How is Rove different?
LAT editorial on Rove
LAT on Rove
The LAT reporters go on to identify some of what they think are polarizing or hardball tactics. Bush's plan to create private accounts in Social Security is one example, they say. Another was the proposed immigration overhaul, which many Democrats supported. They seem to suggest that the Plame affair was Rove's fault, although they don't refer specifically to Plame. They specifically refer to "scrutiny of federal investigators" and "fodder for congressional investigations."
The LAT reporters say Rove used "powerful computer systems" and "modern marketing tools" to target supporters and get out the vote. Rove was able to "scour even the most heavily Democratic precincts" for potential Republican votes. Rove opened a "technology gap" between the parties, the reporters say.
Finally, Rove pushed wedge issues like "abortion, same-sex marriage and gun rights to maximize support from the GOP's conservative base." Rove drew into the Republican fold "single-issue voters who might otherwise have voted for Democrats or have stayed home." This was the key, the LAT says: Rove's overall strategy was to build slender but committed majorities. This "was the most controversial weapon in Rove's arsenal, and the one critics say may spoil his dream of a long term Republican majority."
If these are the prosecution's best arguments then case dismissed.
Monday, August 13, 2007
The NewsHour on Rove
Halperin said President Bush is intimidating, which is curious. Gergen pointed out several of what he called mistakes, including the war in Iraq, Katrina and the appointment of Harriet Miers to the Supreme Court. The Miers appointment was an obvious mistake but Rove's part in it isn't known. Whether Rove had a part in the other "mistakes" isn't known either.
Saturday, August 11, 2007
LAT editorials: endless foolishness
On illegals, the LAT opposes the crackdown. The LAT doesn't say why exactly, only that the crackdown "will move the U.S. further away from being the land of the free." Is the LAT arguing for open borders? Is the LAT arguing that immigration laws shouldn't be enforced because enforcing restricts illegals' freedom to live and work wherever they choose and employers' freedom to hire whomever they want? It isn't clear and the LAT doesn't seem to know what it wants or isn't willing to say. In fact the new measures that the administration revealed seem modest and reasonable. Why they've only just now been put into effect is what puzzles.
Regarding mortgages, the LAT announced it agrees with President Bush (wonder of wonders) about not lifting investment limits on Fannie Mae and Freddy Mac. But it also agrees with Hillary Clinton and Chuck Schumer about the necessity for a federal bailout and increased regulations, ideas that pander rather than produce positive results. The mortgage "crisis" is a bursting of a bubble of excess -- in nearly every aspect of real estate. This will work itself out if people and politicians will remain calm.
Friday, August 10, 2007
LAT on the GOP
LAT hypes market decline
KNBC hit piece
Thursday, August 9, 2007
Wishful thinking
Wednesday, August 8, 2007
Sour grapes
LAT on Wall Street
This kind of article fits a pattern. In recent years the LAT has failed to report on the economy in a balanced way, always suggesting in subtle ways that the economy was doing poorly and that recession was likely any day. Meanwhile, the economy was doing great. The LAT's agenda seems to be to report nothing good that could be attributed to Bush administration policy.
Tuesday, August 7, 2007
LAT editorials
In another editorial, the LAT argues for restrictions on uses of fuel similar to those found in Europe and Japan. LAT editors say Detroit automakers' claim that they can't sell high-mileage cars in the U.S. is bunk because they already do in foreign countries. You wonder whether the LAT is aware that fuel costs are much higher in Europe and some other countries than in the U.S., and that people drive small cars in those countries to save money on fuel.
Gonzales twists in the wind
Monday, August 6, 2007
Partisan rancor
Future armed interventions
Sunday, August 5, 2007
Mortgage woes
Friday, August 3, 2007
Lexington on Murdoch
Lexington quotes a former Dow Jones vice-president, Jim Ottaway, as saying that "American journalistic tradition depends on a 'strict separation between political opinions expressed vigorously on editorial pages and news reported with as much factual objectivity as possible.'" Mr. Ottaway obviously has never read the LAT.
Alaska's addiction
Fixing FISA
Thursday, August 2, 2007
The surge is working, now let's surrender
Wednesday, August 1, 2007
Tax cuts! Rebates! Action!
At some point it must dawn on the LAT and state Democratic legislators that businesses will seek lower taxes wherever they can find them and will leave California to benefit from them. Many have left already, because of high taxes or anti-business mandates or both. If California hopes to keep the businesses it has and attract new ones then it must stop making doing business in California so unattractive
Oil envy
Managers of businesses of all kinds are obligated to reward shareholders for their investments, else shareholders will look for alternative investments that provide greater reward or less risk. Without shareholders there is no capital; without capital there can be no business -- unless Douglas is arguing for government capital. Managers are obligated to employ accumulated profits where they will produce the greatest return for shareholders commensurate with risk. If they cannot find acceptable investment opportunities then they are obligated to return the capital to shareholders, who then can decide where next to invest the funds.
To argue that government must step in and either mandate reduced profits or particular uses for accumulated profits is to argue for socialism, which has been tried repeatedly without success (see Great Britain of the 1950s through the 1970s, which was nearly bankrupt when Margaret Thatcher took over the government.)