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March 17, 2011

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Like "Attack of the 50 Foot Woman," Brendan's head shot at the left of each tweet is growing, threatening to take over the entire layout. Not since Newt Gingrich became Speaker did anyone's head swell so ominously.

Ha. Yes, I'm hoping they give me the option to take out all the head shots. Stay tuned...

Democratic policies may be failing locally and nationally. And, Democratic politicians may be losing races. But, the liberals retain their ability to demoonize. Liberals like to demean Rush Limbaugh listeners as "dittoheads", who they claim march in lockstep behind Mr. Limbaugh. (That's not how Limbaugh uses the term "dittos", but never mind.) However, the real lockstep followers are liberal demonizers. Once a target is identified -- be it Palin, Gingrich, George W. Bush, Dick Cheney, Rumsfeld, Clarence Thomas, Fox News, etc. -- many liberal pundits and followers will jump into lockstep attacks on the target.

The current example would be the Koch Brothers, who are a strange target.

First of all, they're not really conservative; they're libertarian. Many of the causes they support are on the liberal side, such as the ACLU.

Second, they haven't done anything wrong. They've committed no crime. Their business hasn't been involved in unethical conduct.

Third, they don't give that much money, compared to many who contribute to liberals. E.g., they've been accused of contributing to Gov. Scott Walker in Wisconsin. In fact, they contributed a total of $43,000. That was out of more than $11 million that Walker raised, and $37.4 million that was spent, altogether, on the 2010 race for Governor of Wisconsin. Which means that people associated with Koch Industries contributed a whopping one-tenth of one percent of what was spent on last year's election. http://www.powerlineblog.com/archives/2011/02/028438.php

Here's a chart of large political donors. Note that the Kochs are well down the list. Note also, that the top donor actuualy give entirely or primaarily to Dems. http://www.opensecrets.org/orgs/list.php?type=A

Nevertheless, the left set out to demonize the Koch brothers and they have successfully done so.

ISTM that Yglesias's blog's first comment nailed the problem with Yglesias's post:

Likely voters KNOW:

1. they are not unemployed themselves.
2. printing money devalues their savings.
3. borrowing money increases future obligations.

Voters are not dumb. They just don't care that much about the things De[Long and] Krugman care about.

I agree with Brendan about Ray Fair. ISTM that Fair also doesn't pay enough attention to point #2 above -- inflation. IMHO inflation will become a dominant issue in the 2012 election. The combination of

-- printing of large amounts of new money ("quantitative easing 2"),

-- the oil shock,

-- the rise in food prices, partly due to the pointless use of corn to make ethanol

-- the Japanese EQ

have combined to make a perfect storm pointing toward inflation. We're not quite seeing it, because most sources show 12 month inflation rates. Inflation has been under control for quite a while, so the year on year figures aren't alarming yet.

However, the Producer Price Index in Dec, 2010, Jan., 2011 and Feb, 2011 grew by 0.9%, 0.8% and 1.6%. These add to 3.3% in 3 months, which equates to an annual rate of over 13%. http://www.bls.gov/news.release/ppi.nr0.htm

If that continues, or even worsens, we will have an economic problem worse than the slow recovery.

When is humor offensive? Take 2 comparisons:

1. The President joked about the upheavals in the Middle East in which thousands of people have been slaughtered.

An aide to Haley Barbour joked about the Japanese earthquake which killed thousands of people.

2. The President joked about the appearance of Daniels' (short) and Boehner (skin color).

The Barbour aide joked about Reno's appearance (masculine).

To me, these pairs of jokes look roughly parallel. Yet, we are told that the Obama jokes were funny and the Barbour aide's jokes were offensive. Is there a double standard here?

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