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Sounding very much like a declared candidate for the Presidency, Donald Trump gave a rambling rehash of his positions on various issues to a small but supportive crowd today at the Nashua, New Hampshire, Chamber of Commerce.
Most of his remarks covered familiar territory: the Obama birth certificate issue (now dead), OPEC’s insensitivity, China’s intransigence, and Colombia’s abuses. He remains persuaded that
Although questions about Barack Obama’s eligibility to serve as President were initially raised by Jim Geraghty of National Review Online in June, 2008, it wasn’t until Donald Trump gave voice to what was by then being referred to by the mainstream media as the “birther movement” following an anonymous telephone poll last fall in New Hampshire, that the movement began to gain momentum.
As both Trump’s potential candidacy for President in 2012 and the “birther’ issue began to get significant serious national attention, Trump more and more frequently appeared on national TV shows as a guest. On March 30, Trump appeared on Fox News’ The Factor where he stated:
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When the internationalist-minded Council on Foreign Relations (CFR) decided it was time to take a hard look at the growing influence of the Tea Party movement in America, it selected “one of the country’s leading students of American foreign policy,” Walter Russell Mead, to do the study. Appearing as the headline article in Foreign Affairs for March/April 2011, his article is entitled “The Tea Party and American Foreign Policy.”
Mead’s credentials for representing one of the leading lights of the Anglo-American Establishment are impeccable:
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When Iraqi immigrant Faleh Almaleki ran down and killed his daughter Noor, using his Jeep Grand Cherokee as a weapon, the mainstream media (with the exception of Fox News) ignored it entirely.
Noor’s mother and brother admitted that she was killed for being too Westernized, wearing jewelry and jeans, posting pictures of friends on her Facebook page, watching videos, and drinking Mocha Joes from Burger King — in other words, for being an American girl.
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When the House of Representatives announced new rules for the Congress that convenes on Wednesday, the mainstream media immediately called them “strict” and even “unprecedented.” The first new rule to take effect will be the reading of the Constitution of the United States and its 27 amendments on the floor of the chamber.
Incoming Speaker of the House John Boehner told ABC News: “The American people want a smaller, more accountable government—and that starts with respecting the Constitution. That’s why we will read it on the floor next week. It sends the clear message that starting on January 5th, the House of Representatives will be the American people’s outpost in Washington, D.C.”
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When Fed Chairman Ben Bernanke says the country is in trouble, many aren’t listening, partly because the media wasn’t there reporting on it, and partly because those listening can’t understand what he’s saying. Speaking at the Annual Meeting of the Rhode Island Public Expenditure Council on Monday, the best he could do was “There is no way around it—meeting these challenges will require…the public to make some very difficult decisions and to accept some sacrifices.”
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When Kevin Hassett, director of economic-policy studies at the American Enterprise Institute, wrote in Bloomberg.com that “the biggest problem with the labor market right now is that wages are too high,” it was the first positive sign of intelligent life in the mainstream media in some time.
Many have written about the damaging effects of minimum wage laws, federal and state unemployment insurance, and other interventions in the labor market that have kept workers out of jobs, including William Hoar, Gary North, Jacob Hornberger, and Walter Williams.
But few have offered free-market solutions to the problem of unemployment in the Great Recession. Until now.
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The unremitting flow of negative news about the economy has finally caught the attention of the mainstream media, causing an increasing number of economists to make comparisons between today’s recession and the Great Depression.
David Rosenberg, Gluskin Sheff’s chief market economist, commented to his clients that the monster drop in new home sales in June compared to May was not exactly “a one-month wonder” but instead invited comparison of the current recession’s similarities with those of the Great Depression. He said they include:
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When John Hussman, in his Weekly Market Comment, noted that the Economic Cycle Research Institute’s (ECRI) Index “has slumped to the lowest level in 44 weeks and has now gone to a negative reading,” he was confirming other recent signals that the economy was giving off, notably here and here, that the possibility of a double dip recession continues to increase.
When CNBC announced that the number of workers filing new claims for unemployment benefits fell last week while private employers added new jobs in May, this was “further evidence [that] the labor market was improving.” In more muted fashion, the Associated Press called it a “slow-motion recovery,” but a recovery nevertheless.
This was in line with Vice President Joe Biden’s prediction back in April that the economy would be adding between 250,000 and 500,000 jobs “in the next couple of months.” Similar sentiments were echoed by President Obama on Wednesday in a speech at Carnegie Mellon University:
Tea Party activists are trying to take over the Republican Party from the ground up, according to the New York Times.
There are many pieces to the Tea Party puzzle, described as a “diverse, rambunctious and Internet-connected network of groups.” This includes Tea Party Nation which describes itself as a “user-driven group of like-minded people who desire our God-given Individual Freedoms which were written out by the Founding Fathers, [who] believe in Limited Government, Free Speech, the 2nd Amendment, our Military, Secure Borders and our Country.”
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