The Final Minority Report

Because Even Minorities Oppose Liberalism & Statism

CNN Correspondent Now the Communist Candidate in El Salvador

The presidential candidate [1] of the Farabundo Martí National Liberation Front (FMLN), the communist revolutionaries in El Salvador the Reagan administration battled in the 1980s, is, a Monday Washington Post story noted, “a former correspondent for CNN en Espanol [2].” In the March 9 article, “In El Salvador Vote, Big Opportunity for Leftists [3],” reporter William Booth relayed from San Salvador that the journalist-turned-politician “considers himself to be El Salvador’s Barack Obama.” Booth relayed:

After a 12-year civil war and a peace undermined by soaring crime, leftists in El Salvador are on the verge of completing a remarkable journey from armed struggle to the presidential palace.

Their candidate is a veteran TV broadcaster and morning talk show host, Mauricio Funes [4], whose Facebook page [5] lists his political views as “other.” Funes, 49, a former correspondent for CNN en Español, was recently recruited by the Farabundo Marti National Liberation Front (FMLN), the revolutionary group-turned-mainstream political party that is favored by polls to win the presidency in a vote scheduled for March 15….

Funes considers himself to be El Salvador’s Barack Obama — an agent of change in a country beset by the highest murder rate in Latin America and an economy in free fall.

The comparison is overt: Funes and the FMLN use images of Obama in their ads (despite objections by the U.S. State Department), saying both candidates were smeared by their opponents as allies of extremists. The FMLN television spots complete the link by employing the Obama slogan in English and Spanish, vowing “Yes, we can!”…

03/10/2009 Posted by | CNN | | Leave a comment

Warren Buffett: Obama has “Driven the Economy off the Cliff”

During a three-hour appearance on Squawk Box this morning (Monday), Buffett said economic developments have been very “close to the worst case” that he had imagined, although conditions would be far worse if the Federal Reserve hadn’t stepped in last September.

03/10/2009 Posted by | Obama - Spending Bills | | Leave a comment

What the British Think About Obama

On this page last week I argued that Barack Obama’s first budget showed him to be more of a left-leaning liberal than I and many others – sceptics and admirers alike – had previously supposed. People I respect have accused me of going off the deep end about this, or of neglecting Mr Obama’s tactical finesse, or both.

Mr Obama is calling for little that he did not promise in the campaign, I am reminded, so he cannot be accused of springing a surprise. I welcome many of the budget’s main elements, notably healthcare reform and the cap-and-trade system for carbon emissions, and the president made it clear all along that he wished to reverse the Bush tax cuts for the high paid. So the revelation that Mr Obama is a progressive liberal must arise from the proposal to curb high earners’ income-tax deductions. That was a surprise, but a small matter: hence the charge that I am getting carried away.

03/10/2009 Posted by | Obama - Foreign Policy | | Leave a comment

George W. Obama?

Washington has spent the past couple of weeks debating whether Barack Obama’s ambitious agenda and political strategy are more comparable to those of Franklin Roosevelt or Ronald Reagan. Oddly, hardly anyone is talking about the ways in which Obama is beginning to resemble the man who just vacated the White House.

03/10/2009 Posted by | Obama & Bush | | Leave a comment

Obama Phones NYT, Tries to Reassure He’s Not a socialist

Or, more precisely, that he’s no more of a socialist than George W. Bush was. Aim high, Barry.

I don’t think the Times needed any reassuring. On the contrary:

“Well, I just think it’s clear by the time we got here, there already had been an enormous infusion of taxpayer money into the financial system. And the thing I constantly try to emphasize to people if that coming in, the market was doing fine, nobody would be happier than me to stay out of it. I have more than enough to do without having to worry the financial system. The fact that we’ve had to take these extraordinary measures and intervene is not an indication of my ideological preference, but an indication of the degree to which lax regulation and extravagant risk taking has precipitated a crisis.”

He concluded the brief call by saying, “I think that covers it.”

The phone call came after the president was asked aboard his plane: “Are you a socialist as some people have suggested?”

He was clear in his first answer: “You know, let’s take a look at the budget – the answer would be no.”

“Is there anything wrong with saying, ‘Yes’?” a Times reporter pressed.

03/10/2009 Posted by | Obama - Spending Bills | | Leave a comment

Obama Fumbles Brown Visit, Says Sorry

After insulting Gordon Brown during the British prime minister’s visit this week by ignoring protocol and cheaping out on the traditional gift exchange, the UK media has erupted in outrage. The Obama White House has now started to recognize the firestorm the new President created with our closest ally, and wants to assure the Brits that he meant no disrespect. Instead, Obama apparently wants to assure them that he’s simply in over his head and floundering (via Radio Equalizer):

03/10/2009 Posted by | Obama - Foreign Policy | | 1 Comment

Connecticut moving to regulate the Catholic Church?

According to the First Amendment and the Establishment Clause, the government has no business dictating to religious organizations how they should structure themselves. In Connecticut, though, some lawmakers seem to have skipped over the Constitution. A new bill will require Catholic parishes and dioceses — and only Catholics — to organize their parish leadership in a way that pleases the Connecticut legislature (via The Corner):

03/10/2009 Posted by | Anti-Catholic Legislation | | Leave a comment

Democrats Tell Obama: “Keep the Pork”

When President Obama promised Wednesday to attack defense spending that he considers wasteful and inefficient, he opened a fight with key lawmakers from his own party.

It was Democrats who stuffed an estimated $524 million in defense earmarks that the Pentagon did not request into the 2008 appropriations bill, about $220 million more than Republicans did, according to an independent estimate. Of the 44 senators who implored Defense Secretary Robert M. Gates in January to build more F-22 Raptors — a fighter conceived during the Cold War that senior Pentagon officials say is not suited to probable 21st-century conflicts — most were Democrats.

03/10/2009 Posted by | Pork | | Leave a comment

An Obama Bill I Actually Support

If you happily took money from the federal government (i.e., tapayers), then YES, you do deserve to get your executive pay capped…now pay back the government so we taxpayers can quit paying for you!

Wall Streeters are infuriated with the government’s ham-fisted limits on compensation. They should come up with a better system, quickly.

The battle between the banks and the populists over compensation picks up with every passing week. The banks want to motivate their star producers; the voters are disgusted that bailout dough is finding its way into the pockets of people in part responsible for the collapse of the economy.

Two compensation caps are in effect. In one, the Obama Administration is by regulation limiting executive pay to $500,000 a year at 421 bailed-out firms until the government’s money is repaid. The other is a provision inserted into the $787 billion stimulus bill by congressional Democrats led by Chris Dodd, the Connecticut senator with the somewhat ethical Countrywide mortgage. The legislative enactment limits bonuses to one-third of base pay. It applies to the highest-paid 25 employees at banks receiving bailout capital, and is in effect for as long as the bank is using taxpayer capital.

03/10/2009 Posted by | Bills I Support | | 1 Comment

Obama’s Treasury Secretary Needs Your Help

The Treasury Secretary is open to suggestions…to anyone. Including Obama.

03/10/2009 Posted by | Obama - Spending Bills, tax cheats | , | Leave a comment