The Foreclosure Mess Comes Down to Five States.

Alan Reynolds, New York Post, writes of the Foreclosure Five states:

When President Obama discusses his $275 billion mortgage bailout, he talks as if it was a national problem, caused by a national decline in home prices. “We must

Michelle is calling it a Tea Party.   William A. Jacobson, Legal Insurrection, offers another analogy:

This movement can succeed if it does not stop at protest and includes changes in economic behavior. Obama’s redistributive plans require higher taxation,

The loyalists to the communist ideal, the ones who have never given up hope about it being the salvation of Mankind,  have forever tried to convince the rest of us that Communism would work if we’d just done it right. 

Steve Gilbert, Sweetness & Light, has up, “:Obama To Half Deficit By End Of Term:”

We get a tip off about the mendacity in this New York Times article early on:

The president inherited a deficit for

From the morning mailbag:

Shortly after class, an economics student approaches his economics professor and says, “I don’t understand this stimulus bill. Can you explain it to me?”

The professor replied, “I don’t have any time to explain it at

Shakespeare, in Henry IV, Part One, 1596:

‘The better part of valour is discretion; in the which better part I have saved my life.’

Martin Luther King,  Selma, Alabama, A.D. 1964:

I have a dream that my

While sitting with my morning coffee, I note an interesting question over at Transterrestrial Musings in their comments section, there:

How come the Left always preaches ‘sustainability’ or ‘it’s for the children’ … until it comes to their economic

Alan Elsner:

WASHINGTON (Reuters)- President Barack Obama’s aides warned Americans on Sunday not to expect instant miracles from the $787 billion economic stimulus bill he will sign this week, but said it would help eventually.

Mr. President you

Ellen Goodman, Seattle Times:

In the winter of our economic discontent, women now hold more than 49 percent of jobs on the nation’s payrolls. If we cross the 50 percent line — hold the applause — it will be

Irwin Stelzer, Times(UK)

So Obama has his stimulus bill, but he has paid a very high price. He now owns the recession. He has asked to be judged by whether this bill and other measures he will propose create

Mary Katherine Ham writes in Weekly Standard:

The House just passed the stimulus package with no Republican support, and eight “no” votes from Democrats.
Rep. Aaron Schock, whose llinois district is home to Caterpillar, spoke on the floor about

The House passed Porkulus, the Pelosi/Reid/Obama Debt Plan, New York Times:

Stimulus Bill Passes in the House With No G.O.P. Support

WASHINGTON – The House approved a $787 billion economic stimulus package Friday afternoon, with Democrats successfully promoting it

I have wondered openly in answering feedback mail and in comments sections on other blogs, over the last few days, if the electorate were not being intentionally overwhelmed by the issues being thrown at us by the Democrats. Object being,

Rasmussen :

When it comes to the nation’s economic issues, 67% of U.S. voters have more confidence in their own judgment than they do in the average member of Congress.

Nineteen percent (19%) trust members of Congress more, according to

Geithner:

Administration officials were greeted with sarcasm and laughter Monday night when they briefed lawmakers and congressional staff on Treasury Secretary Tim Geithner’s new financial-sector bailout project, according to people who were in the room.

The laughter was at