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TEMPERING SCHADENFREUDE WITH CAUTION Print E-mail
Written by Jack Kelly   
Thursday, 18 December 2008

The collapse of oil prices is having a devastating impact on our enemies in Iran and Venezuela, and our sometimes enemies in Russia.

The Iranian economy was a mess even when oil prices were high.  The mullahs maintain a tenuous hold on power through massive subsidies for food and energy, subsidies they can no longer afford to pay now that oil revenues are a third of what they were in the summer.

Hugo Chavez's situation is even more dire.  Germany's Deutsche Bank estimated in October Venezuela needed an oil price of $95 a barrel to keep its budget in balance.  Venezuela had food shortages and raging inflation before oil prices collapsed.  If Mr. Chavez has to cut subsidies -- as he must -- he could be toppled in a matter of months.

But except for Venezuela -- where nothing but good can come from Mr. Chavez' misery -- we should temper our schadenfreude (pleasure in the misfortune of others) with caution.  Because desperate circumstances cause desperate men to do desperate things.
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MORE RESILIENCE Print E-mail
Written by Dr. Joel Wade   
Friday, 19 December 2008

This is going to be quite a wild ride these next couple of years.

Leftist politicians boldly pushing for more fascist programs, buffoons like our Vice President-elect babbling out ridiculous gibberish, Obama, Reid, and Pelosi pushing for governmental intervention into our economy taken with the understanding and thought of the most irresponsible of teenagers (with my apologies to irresponsible teenagers).

I would never be so presumptuous as to suggest, as did Joe Biden before the election, that you "gird your loins" for the disasters to come under an Obama presidency.  But I will say that a quality that will be extremely important to you is resilience.

It is more than likely that you have been through some difficult times in your life, and survived. We have certainly been through many difficult times as a country, and we've come through them all. Now we're faced with some more difficult times, with someone coming into the White House that likely has no idea what he's getting into, or what he will actually do.

It's time for a reminder of a few things we will need to see this time through.
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ANNOUNCING THE 2012 PELOSI FROM CONGRESSIONAL MOTORS Print E-mail
Written by To The Point News   
Thursday, 18 December 2008

congressional_motors

It's in the way you dress. The way you boogie down. The way you sign your unemployment check. You're a man who likes to do things your own way.

And on those special odd-numbered Saturdays when driving is permitted, you want it in your car.  It's that special feeling of a zero-emissions wind at your back and a road ahead meandering with possibilities.

The kind of feeling you get behind the wheel of the Pelosi GTxi SS/Rt Sport Edition from Congressional Motors.

All new for 2012, the Pelosi GTxi SS/Rt Sport Edition is the mandatory American car so advanced it took $100 billion and an entire Congress to design it.
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ATLAS IN AMERICA Print E-mail
Written by Dr. Jack Wheeler   
Thursday, 11 December 2008

Insanity has its consequences.  Every day now, another consequence of America's insanity - and I mean that literally - of November 4 becomes apparent.  It's funny to see the MSM frantically trying to disconnect Zero from Blago, as the dim bulb in the brains of those who voted for him starts to shine a glimmer of light on his corruption.

Insanity and stupidity usually go together (the evil genius is a Hollywood myth, rare in reality).  And when Atlas shrugs, it makes a lot of stupid people go nuts.  That's what's happening in Greece this week.

After all the unending ever-increasing assaults on entrepreneurial capitalism by Washington for decades, November 4 has turned out to be the last straw.  Electing Zero is what it took for Atlas to shrug in America, with one result the huge increase in unemployment since the election.

Massive job losses are only the start of bad news in 2009.  Zero hasn't a clue of how to create wealth.  Like all liberals, he only thinks of how to steal it ("redistribution" is just a liberal euphemism for "theft") from those who have created it and give it to those who have not for personal political gain.

But what happens when the creators of wealth stop creating, so the thieves no longer can continue stealing and the moochers can no longer live off stolen wealth?  That was the question asked and answered by Ayn Rand's Atlas Shrugged.  There is now the very real possibility that America is going to live through the answer in the coming Zero years - and that what is happening to Greece this week is going to come to our shores starting next year.
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ZEROCARE Print E-mail
Written by Dr. Jack Wheeler   
Wednesday, 10 December 2008

As the TTP Weekly Report was being delivered to your inbox last Friday afternoon (12/05), thanks to our fine TTP staff, I was undergoing abdominal surgery at Akta Medika, a small private hospital in Sevlievo, Bulgaria.  I'm writing this from a hospital bed there right now.

Abdominal surgery is a serious matter, especially when it's done to repair the errors of a previous surgery ten years ago.  So I didn't come here just because it's 1/20th of the cost in the US.  I came because it's better.

That's not a putdown of American physicians - but it sure is of American medicine, so completely hamstrung by government rules and regulations, the nonsense of "third-party providers," and protections of medical monopolies like the AMA:  the antithesis of free market medicine.  Yet if you think it's bad now, wait until you see what Zerocare does to it.

This is not the place to discuss the specifics of how the government makes medical care in the US ridiculously expensive, complicated, and obsolete.  It is, rather, to discuss the opportunities for you to avoid - and even profit from - the mess that Zero will make so much worse with his and Teddy Chappaquiddick Kennedy's "Universal Health Care" health fascism.

And to explain the "flanking movement" Republicans can make to provide an alternative to Zerocare health fascism, saving Medicare hundreds of billions of dollars in so doing.
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IT WON'T BE A NICE WORLD FOR MR. O Print E-mail
Written by Ralph Peters   
Thursday, 11 December 2008

Warnings about the foreign challenges the Obama administration will face early on focus on the usual suspects - al Qaeda, Pakistan, Afghanistan, Iraq, Russia and, not least, the global solvency crisis.

While each of these issues demands serious attention, the crises abroad that shocked, consumed or defined a succession of presidencies came "out of the blue."

Focused on ending our Indochina war, Richard Nixon was blindsided by an oil-price shock (thanks to our eternal buddies, the Saudis). Jimmy Carter literally woke up to find the Soviets in Afghanistan - and our embassy staff held hostage in Iran, a collapsed ally.

Ronald Reagan faced the Beirut Marine-barracks bombing. Somalia panicked Bill Clinton; Rwanda embarrassed him - and the rise of al Qaeda paralyzed him. W got 9/11.

For Mr. Obama, too, the first international crisis could be something that not one of us foresees (although, as always, events will seem obvious in hindsight). But there are also a number of potential crises hiding in broad daylight - and ignored.
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THE MIND OF JIHAD Print E-mail
Written by Michael Ledeen   
Wednesday, 10 December 2008

Laurent Murawiec's The Mind of Jihad is, at last, a book on radical Islam that does it all.

Unlike many engaged in the heated debate over the nature of our enemies, Murawiec does not believe that ancient texts tell us all we need to know. He insists that all ideas change over time, even those believed to have been dictated by God's angel.

He has therefore immersed himself not only in the sacred texts of Islam but also in the richly variegated speeches, writings, and actions of its most extremist practitioners: the jihadis waging war against us.

He candidly admits that it was not easy, that many of his initial ideas turned out to be wrong, and that his current understanding of "the mind of jihad" surprises him. This understanding holds that the current doctrine is far more than the resuscitation of medieval commandments, and in fact has a lot to do with modern European and Soviet totalitarianism.
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GETTING TO FLOW Print E-mail
Written by Dr. Joel Wade   
Friday, 12 December 2008

Our happiest times are when we are completely absorbed in life - in our work, or play, or in relationship with others. The famous Hungarian psychologist Mihaly Csikszentmihalyi (pronounced chick-sent-me-high!) has called this state of mind flow.

Many people have experienced this, and it is a state of mind that is desired and sought after. Sometimes it comes naturally. But it often takes a good deal of work to reach this state, and there are sometimes unpleasant feelings to deal with along the way.

Flow comes when a high skill level is matched with a high challenge. An Olympic athlete, a concert pianist, a skilled businessman with challenging problems to solve; these are all dramatic examples of people with high skill levels, whose challenges match their skills.

But you don't have to have a high profile life to have high skills matched with high challenge. Any line of work that challenges you according to your skills can give you what you need to experience flow.  So here's some tips on how to "get to flow."
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A MESSAGE FROM DR. JOEL WADE Print E-mail
Written by Dr. Joel Wade   
Thursday, 11 December 2008


"Want your kids to be happier, more resilient,

better prepared for life's challenges?"

"Give the gift that inspires kids with a tale of
strength, true grit, and joy!"


kalahari

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THE ZERO WHITE HOUSE AS A TARGET-RICH ENVIRONMENT Print E-mail
Written by Dr. Jack Wheeler   
Thursday, 04 December 2008

Are we having fun yet?  We might as well try, amidst the multiple looming disasters awaiting our economy and our country - not to mention a lot of other countries as well - with the Zero White House running Washington.  One way to do so is to look at Zero's new home as a target-rich environment.

Here's target number one.  "Zero," of course, is an alternate name for the individual we called NMP - Not My President - shortly after November 4.  Now it's turning out that vast multitudes don't look upon him as their president either, due to this crazy controversy over his birth certificate.

Crazy because producing a verifiably genuine birth certificate should be the simplest thing in the world to do, instantly squashing the controversy.  Yet Zero won't produce it, allowing the issue to metastasize to the point of full page ads in the Chicago Tribune.
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MUMBAI AND THE SILIGURI GAP Print E-mail
Written by Dr. Jack Wheeler   
Wednesday, 03 December 2008

Before we get started, let's first dispense with this stupid name of "Mumbai."  The place is Bombay and that's what we'll call it.  The city was created and named by the British East India Company in 1668, after the Hindi name for the area, Bambai.  It was just typical politically correctness to rename it in a local dialect (Marathi).

As Bombay was created by the Brits, so was all of India as a unified nation, as they stitched together hundreds of small kingdoms and petty statelets ruled by Hindu rajahs and Moslem sultans.  It was not stitched well. 

Thus the question to ask in the wake of the Bombay terrorism just committed by Moslem proto-hominids is:  will it precipitate India's unraveling?  One place to look for the answer is far away from Bombay, called the Siliguri Gap.
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A DETROIT BAILOUT: POLITCAL SENSE AS THE OPPOSITE OF GOOD SENSE Print E-mail
Written by Jack Kelly   
Wednesday, 03 December 2008

The Detroit Lions were thrashed, as usual, in their annual Thanksgiving Day football game, bringing their record for the season to 0-11.  This prompted some sports fans to wonder why the Lions' owners tolerate such consistent failure.  But then, the Lions are owned by the Ford family.

This column is about the automobile industry.  But I want to begin it with three numbers, because they define the environment in which the fate of the Big Three must be discussed.

The first is $13.84 trillion.  That's the estimated value of all the goods and services produced in the United States last year.

The second is $7.6 trillion.  That, according to the Bloomberg News Service, is the current amount for which taxpayers could be on the hook for the bailouts to date of financial institutions.  It's more than half the value of the gross domestic product.

The third is $4.6 trillion.  That, according to Jim Bianco of Bianco Research, is the inflation-adjusted cost of World War II.
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THE FRAUD OF ECONOMIC STIMULUS Print E-mail
Written by Richard Rahn   
Wednesday, 03 December 2008

How much should the U.S. government spend on an economic stimulus program? If you have trouble answering the question, it is because it is the wrong question.

The United States (and the world) economy is (or at least has been for the last few months) in decline with rising unemployment rates. It is widely believed the government must "do something." The political and media classes, and even many economists, call for an "economic stimulus program." But what do they mean by "stimulus," and will it do any good?

The argument is made that many Americans are suffering from a decline in income, and thus the government should give them money so they can buy more and put others back to work.

Sounds good - but where does the government get the money? It must either tax someone else now or borrow more money, which diverts productive saving to current consumption. Either way, it is less than a zero-sum game.
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THE MYTH OF NOBLE MADNESS Print E-mail
Written by Dr. Joel Wade   
Friday, 05 December 2008

College freshman year, Abnormal Psychology -- at least as I remember it from some 30 years ago -- can be something of a dark and frightening experience. In it, the students are exposed to the variety of mental troubles that we have come to understand through modern day psychology.

While learning about such diagnoses as obsessive compulsive disorder, depression, anxiety, and psychosis, anyone who has ever had any troubles or doubts about their own stability, which includes many teenagers, can wonder whether there may be some thread of trouble cursing their own still formative minds.

This view of mental illness can be scary, and can cause a sort of revulsion toward those who suffer from any of the variety of mental afflictions.

But there are also voices in psychology, and reaching back millennia, who have viewed mental illness as...
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THE LAST THANKSGIVING Print E-mail
Written by Dr. Jack Wheeler   
Thursday, 27 November 2008

Can Democrats Celebrate Thanksgiving? was a good question to ask four years ago, November 2004, after George Bush had defeated John Kerry.  It's still a good question to ask on this Thanksgiving in 2008.

Certainly they are thankful that their man won this time - but are they thankful for America?  Can they really stop their incessant whining and guilt-mongering about what happened to the Indians, about slavery and poverty and racism, finally now?  Has America at last redeemed itself in their eyes by electing their Messiah?

The purpose of Thanksgiving is to be thankful for being American. This is the day to celebrate the goodness of our country - the moral goodness, the moral decency of American institutions, American history, and the character of the American people.

It's easy for conservatives to do this - it comes natural to us.  It's the opposite for liberals, who relish and revel in guilt-mongering.  For their sake, for all of our sakes, let's hope they can be truly thankful for America, because it may be their and our last opportunity to do so.  This could be our Last Thanksgiving.
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