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Monday, November 30, 2009

Seven Obama narratives that may be taking hold in the public mind, all of which would be very politically difficult for the President to overcome. I think if only one or two become hardened into the public consciousness, the Democrats will suffer at the polls (and I think that is already happening).

Niall Ferguson writes about the dangers of debt and how it has led to the fall of empires in the past. I've met Ferguson and read his work. He seems a thoughtful, intelligent, and very well educated man when it comes to the history of finance, money, and how that influences political and military history.

Ferguson excoriates Paul Krugman and his fellow Keynesians, but Krugman still presses on with his ideas on how to spend more Federal money. While spending more tax money is, I think, very bad for the long term picture (I agree with Ferguson on that point), as a political matter Krugman is right about jobs. Unless more jobs are created, and fast, it will mean political doom for the Democrats in 2010 and 2012.

Robert J. Samuelson fears congressional efforts to 'reform' the Federal Reserve.

Dick Morris and Eileen McGann write about how the Medicare provisions in the health reform bill would hot most states very hard in their budgets.

President Obama intends to lay out a timeline for our involvement in Afghanistan.

The President of Iran says his country will build ten plants to enrich uranium. That sounds like bluster, but they have shown no interest in slowing down or stopping their nuclear program, and I am beginning to wonder if they are deliberately trying to provoke an Israeli attack.

Is the climate change controversy the worst scientific scandal of our generation?

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