BrookesNews 30th July 2008

BrookesNews Update

Obama and his fellow Democrats adopt Hoovernomics

http://brookesnews.com/082807obamahoover.html

The Democrats are now promoting Hoovernomics presented by the economicallyilliterate Obama as the only way to create growth.. The brilliant Obama andhis fellow imbeciles in Congress have declared that increased governmentspending and a massive tax rise is just what America needs

Will the Reserve's monetary policy sink the Australian economy

http://brookesnews.com/082807ausdeflation.html

While our economic pundits concern themselves with so-called inflationarytrends we find that the Reserve has put monetary growth into reverse. Themoney supply is now shrinking. This is called deflation. And a deflationarypolicy always results in recession

The humble light bulb: a victim of political stupidity and green zealotry

http://brookesnews.com/082807greenlighting.html

Irrespective of what smart-aleck journalists and Malcolm Turnbull think JoePublic is being perfectly rational in choosing the incandescent bulb overthe new wonder light. What's more, he might not like mercury-laden lamps

Obama's tax plans will be "lethal" to the economy

http://brookesnews.com/082807obamataxes.html

Columbia University economist Robert Mundell warned Americans that Obama'sproposed massive tax hike could send the US economy spinning into a deep recession

Democrats v. Arctic abundance

http://brookesnews.com/082807arcticoil.html

America is sitting on over 1,000 billion barrels of oil. Americans who feelsqueezed by higher oil prices should know they have a stark choice: More oiland lower prices, or less oil and higher prices. And they should also knowwho's to blame for this energy mess: the Democrat-led Congress

Obama and the media: In election coverage, 'sizzle' outweighs fairness

http://brookesnews.com/082807obamamedia.html

The spectacle of the New York Times rejecting McCain's op-ed on the utterlystupid grounds that it does not 'mirror' Obama's vies on Iraq did afantastic job of getting it across to the public that the media aredominated by politically bigoted leftwing liars

Oil production: Earth to Nancy Pelosi

http://brookesnews.com/082807pelosioil.html

How does one deal with Nancy Pelosi's idiocy and economic illiteracy? Thisis the same woman who says increasing domestic oil production will have noeffect on prices. She also says that Bush should act on oil prices byreleasing the country's oil reserve of 700 million barrels. It is not Bushwho embarrasses the US but idiotic Dems like Pelosi

Obama as a false prophet

http://brookesnews.com/082807obamafalse.html

It is Obama' clarity of vision that makes him so attractive to hissupporters. But it is also the source of the greatest danger to hispolicies. What happens if Obama says, 'Yes we can' and reality says, 'No youcan't'? What happens if the hedgehog meets the Black Swan?