Dan Cleary

Krugman: I Have An Idea - Let's Raid Our *Great*-Grandchildren's Bank Accounts!

A good rule of thumb for policy-makers to go by would be to take down Paul Krugman's advice - and then do the opposite. More government spending?

What a brilliant idea:

Nobel Prize-winning economist Paul Krugman says the U.S. is in the "early stages of a third Great Depression." If he's right, it's only because American policymakers have been following his advice.

Hell knows no wrath like that of an economist scorned - especially one on the left of the political spectrum. Case in point: New York Times columnist and sometime economist Paul Krugman. The world is going to hell in a handbasket, Krugman suggested this week, thanks in large part to its refusal to follow his advice to the letter.

Actually, he has it exactly backward. Krugman was among those who encouraged the new Obama administration and the Democratic Congress to spend massive amounts of money early on in a kind of Keynesian frenzy to shock the moribund economy back to life.

Read the whole thing.

EXCLUSIVE PHOTO: Obama Arrives at G8, Immediately Gets Down to Business

"You've got a lot of golf courses here, don't you?"

h/t: Drudge.

"Exclusive" photo lifted from JammieWearingFool.

Arizona Governor Demands that President Obama Secure the Border

Now come on, Gov. Brewer - it's not like Arizona shares a border with Mexico. What are you so worked up about?!

Via Hot Air.

Dodd: Heck If I Know How This Financial Regulation Bill That I Co-Sponsored Will Work, But I Sure Am Super-Excited About It!

If the health-care box of chocolates isn't exciting enough for you, hang in there - Chris Dodd has some more surprises in store for us:

Key House and Senate lawmakers approved far-reaching new financial rules early Friday after weeks of division, delay and frantic last-minute dealmaking. The dawn compromise set up a potential vote in both houses of Congress next week that could send the landmark legislation to President Obama by July 4.

Lawmakers pulled an all-nighter, wrapping up their work at 5:39 a.m. -- more than 20 messy, mind-numbing hours after they began Thursday morning.

"It's a great moment. I'm proud to have been here," said a teary-eyed Sen. Christopher J. Dodd (D-Conn.), who as chairman of the Senate Banking Committee led the effort in the Senate. "No one will know until this is actually in place how it works. But we believe we've done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done."

Blind sausage-making at 5:39am. What could possibly go wrong?

Via JammieWearingFool.

The 'Stupid Einstein' Look

I have to say, the man can pull it off.

h/t: Mary Katherine Ham via Twitter.

Good News: Obama Finally Kicking it Up a Notch in the Gulf! Bad News: He's Now Actively Interfering With the Oil Cleanup Instead of Merely Doing Nothing

Do not argue with the bumper sticker.

This is just the latest of many examples of the colossal mistake America made in November 2008.

Not only could President Obama override the U.S. Fish & Wildlife Service in this case and allow Louisiana to continue building sand berms, I'd argue that he is mandated to do so by the Clean Water Act.

But don't worry, Louisiana! Your beaches may be in the process of being obliterated by the Never Ending Oil Blob, but you'll still have those nice pelican nesting grounds to look at.

Of course, the pelicans themselves will all be dead. But, whatever!

Bobby Jindal is not amused.

Via Breitbart.

Obama's Energy Secretary Steven Chu, in 2007: BP Will "Help Save the World"

Oh, what a tangled web we weave.

Via Breitbart.

Mika Brzezinski: I'm In Cahoots With the White House, and My Notes Right Here Say They've Had All Hands On Deck Since Day One

No wonder Valerie Jarrett loves this show.

Via Powerline.

'Hope and Change' is Lost at Sea

Via Flopping Aces.

Ben Nelson: Constitutional Authority Is Irrelevant When The President Has Moral Authority

I see.

Via Breitbart.