Posted by Skook on 24 August, 2012 at 8:51 am. 18 comments already!


It’s Newsweek, the title of the cover article reads, “Hit The Road, Barack”, and the Left has their collective panties tied in a knot. It has not a been pretty sight, but perhaps Newseek’s new editor, Tina Brown, has realized there is no honor or dignity in being another propaganda rag for a failed president and following him into oblivion and ignominy.

Ferguson wrote:

Welcome to Obama’s America … nearly half the population is not represented on a taxable return — almost exactly the same proportion that lives in a household where at least one member receives some type of government benefit. We are becoming the 50–50 nation — half of us paying the taxes, the other half receiving the benefits.

We are fast becoming a two-tier nation, a small band of makers and an increasingly large band of takers.

You may remember the song:


There is irony aplenty, and fate’s rewards for hubris is waiting just down the road for many.

The article was written by Niall Ferguson, a Brit who chose America over Britain, because of the higher standards of intellect; although, he may have second thoughts on that judgement, after reading the sanctimonious and childish outrage from his Liberal peers.

Ferguson has committed academic hearsay and political blasphemy; he has criticized Barack Obama. In fact, he pointed out the failures of the Obama Administration, not with lies and innuendo, but with facts and logic.

Ferguson writes:

-The total number of private-sector jobs is still 4.3 million below the January 2008 peak.

– Since 2008, 3.6 million Americans have been added to Social Security’s disability insurance program.

– Growth in 2011 was an anemic 1.8%. Obama had predicted it would be 4%.

– Without the the stimulus, the Obama administration predicted unemployment would be 6% by now. With the stimulus, it was supposed to be 5.6%. In reality, “official” unemployment is 8.3%, but that doesn’t count the millions who have simply given up looking for work.

– Real median annual household income has dropped more than 5 percent since June 2009.

These are the economic predictions Obama based his presidency upon, courtesy of the geniuses like Krugman, who is always ready to paint a rosy picture of Socialism and the corruption of Obama. Read carefully: without the stimulus, unemployment would be at 6%, with the stimulus it would be at 5.6%. Simply amazing, these intellectual goofs still have the audacity to defend their abilities and ideology, but that is an inherent flaw of basing policy on Socialist ideology, those in charge only resort to facts and the truth when they fit within the confines of the ideology. However, to be fair, the economists failed to factor in the Green Energy Scams like Solyndra and the felonious deals with the unions which became massive drains on stimulus funds and the legitimate money supply. In the future, under corrupt Liberal administrations, economists will need to factor in the actual cost of corruption of crony capitalism, since that money disappears from the economy and can never be considered part of a legitimate stimulus or budget; still, you’d think they were aware of the situation, but maybe they couldn’t predict the massive scope of Obama’s corruption.

The phony intellectuals of the Left who continuously carry water for Obama are birthing cats because one of their own had the audacity to point out the overwhelming failures of the Obama Administration. Failures that have been made patently obvious by Obama basing his entire campaign on why you shouldn’t vote for the Romney/Ryan ticket. Romney hates women, wants to kill grandma, puts his dog on the roof of his car instead of eating it, and he is a felon who runs a mean campaign. Without these facts, Obama wouldn’t have a campaign platform.

Ferguson writes:

“America under this president is a superpower in retreat, if not retirement.”

Let Krugman and his circle jerk group of self-righteous friends from academia rage in mock indignation, they only expose their banality and partisan ideology, but for the common man who doesn’t write for the NYT (Where they refuse to publish commentary with the slightest hint of a counter argument or sarcasm; thus they always have fawning reviews and complete acceptance of their fair haired writers like Krugman, if there is no negativity, it doesn’t exist, one of the main precepts of a totalitarian press.) or have a cushy job with tenure at Harvard, Ferguson’s words relate all too easily the harsh reality of everyday life:

Far from developing a coherent strategy, he believed — perhaps encouraged by the premature award of the Nobel Peace Prize — that all he needed to do was to make touchy-feely speeches around the world explaining to foreigners that he was not George W. Bush.

Thus the dubious signs of theoretical recovery being heralded by Obama’s sycophantic economists become a bit tiring to the man facing the loss of his business and his home. Yes, Krugman and his Socialist synchronized tail-wagging economists don’t really face reality; they are content to tell us repeatedly that failure is success as if they were on a continuous commercial sound loop for Obama.

Andrew Sullivan

My old and good friend Niall Ferguson has written an essay arguing against re-electing Obama. So for the second time in four years, we will be backing separate candidates. One reason is that I believe that the Bush-Cheney wars turned out to be disastrous and a second war against Iran could be catastrophic. Niall has had no such change of heart and remains an advocate of American imperial power. Another is that I do not share Niall’s view of the Obama administration’s record, which I think he massively – and rather self-evidently – distorts.

Oh, how useful the creation of a straw man can be, when you have no facts or wit to offer a counter-point.

James Fallows

As a Harvard Alum, I Apologize….

And in reply, Ferguson writes: “As an Oxford alum, I laugh.”

James Fallows droned on with a pathetic attempt at condescension:

You should read the article for yourself, but a few other highlights:

– “Remarkably the president polls relatively strongly on national security.”

Remarkably the name Osama bin Laden does not appear in this article.

– On Afghanistan and Iraq: “Understandably, the men and women who have served there wonder what exactly their sacrifice was for, if any notion that we are nation building has been quietly dumped. Only when both countries sink back into civil war will we realize the real price of Obama’s foreign policy.”

The men and women who served in Iraq and Afghanistan were not told that “nation building” was the reason for their sacrifice. A review of the relevant history will reveal that they were sent in to rout the Taliban and al Qaeda, and to prevent Saddam Hussein from exercising his impending threat to use weapons of mass destruction. Everything since then has been “mission creep” of a spectacular variety, and unlike Ferguson most Americans view it as a success rather than failure of Obama’s to be reducing rather than expanding America’s commitment in both wars.

“Understandably, the men and women who have served there wonder what exactly their sacrifice was for, if any notion that we are nation building has been quietly dumped.” For those who like grammar, I offer this sentence as an example of the superior writing skills of these intellectual elites.

From Brad Delong’swebsite, we have this enlightened writing espousing freedom of thought and expression that is so important to the Left.

Fire his ass.

Fire his ass from Newsweek, and the Daily Beast.

Convene a committee at Harvard to impose proper sanctions on this degree of intellectual dishonesty.[1]

There is a limit, somewhere. And Ferguson has gone beyond it.

Ferguson’s wit is finely honed; yet his detractors left themselves vulnerable to comedic evisceration.

Oh, the irony: “Convene a committee at Harvard to impose proper sanctions on this degree of intellectual dishonesty.” We shall ignore Brad’s deviant assault on grammar and concentrate on his higher intellectual standards.

From Roger Kimball:

Ferguson’s whole piece is worth reading; I’ll confine myself to two bits. Responding to what Ferguson says about Obama’s notorious “You didn’t build that” speech, one critic says: “It’s bizarre that Ferguson thinks government policies didn’t help create America’s middle class. America was the first country to make high school compulsory.” Ferguson:

Fact checked and — oh no! I really did get that wrong. It was the government that created the middle class, as well as the Golden Gate Bridge! Remind me to tell Karl Marx about this. It will come as news to him that, contrary to his life’s work, the superstructure in fact created the base. (Come to think of it, this is going to come as shock to a lot of American liberals too. Imagine! The state actually created the bourgeoisie! Who knew?)

What is important above all else, in this bit of tortured silliness among effete pontificating intellectual snobs, is that a former propaganda medium for the Left seems to have realized, portraying failure as success leads to inevitable failure. Economists like Ferguson and other Liberals have seen their ideals and philosophy perverted and corrupted by the lowest forms Chicago machine politics; the best they can do is to disavow Obama’s crony Capitalism form of statism and regroup with more honest and reliable politicians. Obama’s persona was based entirely on lies and deceit. This type of administration can only function until the lies are no longer believed; at that point, the deception falls apart. Krugman and his fellow prevaricators are unwilling to concede defeat; for them, there is still a slight chance of salvaging the Obama presidency and their reputations as well. Unfortunately for them, honesty and integrity will prevail in the long run. If they choose to ride the stricken Obama ship onto the breakers of defeat and humiliation, they will become even more meaningless and insignificant in the future. It’s entirely up to them, Ferguson saw the light and bailed in time to save his reputation and integrity.

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