A Hint of an American Resurgence

After losing the Solheim Cup in Ireland last summer in the wake of the 2010 loss of the Ryder Cup in South Wales, it was difficult to avoid the eerie feeling that golf in America was in a decline trajectory relative to the rest of the world.  Eerie because it seemed to be consistent with the decline of everything else that was American, since the Obama regime embarked on “apologizing for America” as the hallmark of its governance.

Against this backdrop, capturing the World Cup of Golf title in China last week following a successful defense of the Presidents’ Cup in Australia the previous week lent a hint of a triumphal resurgence in American golf.  With the vile defeatist pessimism spewing out of the White House itself respecting the state of the national psyche, every bit of good news goes a long way to prop up the nation’s morale.  Being myself an eternal optimist to a fault, I cannot help but hope that this is just the beginning of a winning trend that should culminate through the national elections next year.  We definitely can use every bit of good news.

Kudos to captain Fred Couples for pre-empting the talking heads of punditland and naming Tiger to the Presidents Cup team long before he had to.  His message to the world was that golf needs Tiger and Tiger needs golf.  Further that given the chance and some moral support, Tiger belongs to a winning team.  Tiger promptly returned the favor by placing third in the Australian Open, capturing the winning point in the Presidents’ Cup, and bagging the trophy in his own Chevron invitational tournament.  If it ushers in the resurgence of Tiger’s winning ways, it certainly would not be asking too much to expect it to infect the overall pulse of American Exceptionalism.

With all the miasma of class warfare emanating out of the Oval Office, the entire country can use a breathe of some air of the fresher kind.

A Passport to Disaster

Monetizing sovereign debt by printing ‘enough’ money as The New York Times advocated in a recent editorial, is a recipe for economic disaster.

“European nations with triple-A ratings — like Germany, the Netherlands and France — could jointly issue “euro bonds” to help finance their weaker neighbors. The best solution would be for the European Central Bank, which can print money, to become the lender of last resort and buy the bonds of distressed European nations. That would force down yields to where the countries could afford to pay them.”

What the economics wizards at the Times don’t seem to understand is that paper money not supported by tangible wealth, i.e., goods and/or services with use and exchange values in the real world of economic activities is as worthless as the pipe dreams of NYT editorialists.

Collateralized Debt Obligations (CDO) are only as good (and worthless) as the economic viability of the collateral associated therewith.  It should not take a legion of Nobel Laureates to figure out that Mortgage Backed Securities as commercial products or instruments would necessarily devolve into Toxic Assets whenever the mortgages “backing” them proved to be the sub-prime mortgages spawned by Freddie Mac and Fannie Mae.
Printing money alone has no power to rescue any distressed economy.  Pretty soon you shall have printed enough money that the output of the printing press would not even be worth the ink and paper and the printing press which produce the instruments.  It requires people to get to work to produce commodities which are useful to people to enhance the wellbeing of the society they constitute.  This is the only way that you reproduce the society endowed with the faculty of self-perpetuation.

What's in a Word, in one which is not a Rose, if it Stinks as Offensive

"Barak Hussein Liar Obama said his father faught in WWII Barack Hussein Obama Sr. (Obama's father) Born 4/4/36 - Died 11/24/82 at the age of 46 He was 5 years old when WW II started . . ."

If, for the sake of political correctness, you cannot call this President a liar, the only appropriate word that I can think of is that the President is Delusional.  For the American populace to give him a pass for calculated statements of this genre, i.e., made confident that the public is too stupid to catch the falsehood contained therein, constitues a blatant abrogation of the responsibilities of citizenship.

In the name of anything decent in our history, this President has to go.  Re-electing President Obama is tantamount to a national political suicide.

Concerns on the Coratian Front

The Croatian portal selling the “Flirting” book,

http://www.superbookshop.net/index.php?page=book&ean=9781770676145

carries this prominent announcement on the website:

“All products on www.superbookshop.net buyer will be delivered within 25 days from receipt of order (customers within Croatian). Delivery times for overseas orders is approximately 35 days. In some cases it may be a delay in delivery.”

This does not seem to be a promising strategy for selling any product in any market.  Somebody’s got to do something about it and that somebody’s got to be me.  The something is still quite outside of my deployable arsenal of actionable options.

The Italians Have Gone Out of Stock

I wonder if I should notify the publisher about this. The Italian portal Amazon.it

http://www.amazon.it/Flirting-Misadventures-Escapades-Exotic-Life/dp/1770676147

featured this announcement on its page:

“Attualmente non disponibile.

Ancora non sappiamo quando l'articolo sarà di nuovo disponibile.”

Translation into English:

Currently not available. Still do not know when the item will be back in stock.

To run out of the product you are supposed to be selling is no way to flourish in the marketplace.

Surprising to See it in Some Unexpected Places

The Flirting book has been advertised in French:

http://www.amazon.fr/Flirting-Misadventures-Escapades-Exotic-Life/dp/1770676147

And in Korean:

http://book.nate.com/detail.html?sbid=9831235&sBinfo=bookinfo&mode=search

Now all I need are a few hearty souls in these marketplaces who are ready willing and eager to read it in EnglishJ

Hubristic Exuberance

Hubristic Exuberance: A Memo to Bill O'Reilly

There is one word that most appropriately characterizes the Obama Administration: Arrogance. If one is a stickler for modifiers, the phrase would be Unbridled Arrogance. In essence, it is borne of, if not the exact equivalent to the memo headline, Hubristic Exuberance.

The underlying premise evinced in Bill O'Reilly's Factor interviews with Joe Trippi, Lanny Davis, Karl Rove and Denis Miller is demonstrably an unadulterated fallacy. It is a mistake to attribute the seeming bungling incompetence exhibited by the Attorney General Eric Holder and Presidential Press Secretary Joe Carney as stemming from not having been adequately briefed by their respective staff. The reality is far worse than that. It is that plainly and simply this administration just does not care an iota of what we the people think.

As aptly emphasized on page 202 (and several other parts therein) of my recently published book,

"We are at a crossroads when political decorum disregards well established protocols of intellectual inquiry in order to pursue and forcibly implement political agenda as demanded by ideology of the Progressives genre. The will of the governed is completely and unabashedly ignored by the ruling elite so obsessively blinded by their determination to control and lord it over the political landscape."

The list is legion to illustrate the Administration's total disregard for the will of the governed. To cite a few examples, it includes the manner with which ObamaCare (cf op cit pp 291-292 ff) was enacted into law, not to mention the very substance of the bill itself. The czaring of America is an attempt to implement policy by bureaucracies not accountable to any kind of monitoring by the governed citizens. The circumvention of congress respecting implementation of the Immigration Dream Act by the bureaucrats at ICE after the idea was summarily rejected by Congress approaches the apex of lawlessness.

Don't be fooled by the seeming clumsiness of Holder and Carney. This Administration needs to be stopped sooner than later by whatever means we can legally leverage to deploy to countermand its none too subtle subterfuge.