“As a result, this election offers American voters an unedifying choice. Many of The Economist’s readers, especially those who run businesses in America, may well conclude that nothing could be worse than another four years of Mr Obama. We beg to differ. For all his businesslike intentions, Mr Romney has an economic plan that works only if you don’t believe most of what he says. That is not a convincing pitch for a chief executive. And for all his shortcomings, Mr Obama has dragged America’s economy back from the brink of disaster, and has made a decent fist of foreign policy. So this newspaper would stick with the devil it knows, and re-elect him.”
- The Economist Endorses Obama (politicalwire.com)
- “The Economist” Endorses Obama For President (zerohedge.com)
- THE ECONOMIST: We’re Endorsing Obama (businessinsider.com)
- The Economist Endorses ‘The Devil We Know’ (theatlanticwire.com)
- The Economist Endorses Barack Obama (brianmonteiro.com)
- “The Economist” endorses Obama……(again!) (kasagh.wordpress.com)
- Bloomberg Endorses Obama for Re-election (businessinsider.com)
My thanks to Bruce for bringing attention to this as we see the conservative elite clamp down on possible voting immigrants…
- “A shitty time to be a liberal”: The Economist’s must-read piece on the Clegg paradox (and 2 reasons why it’s wrong) (libdemvoice.org)
- Self-induced Sluggishness – Economist on the world economy (themitochondrialmigrator.wordpress.com)
Date: Tue, Feb 14, 2012 at 8:27 PM
Earlier this month was the birthday of Ayn Rand, the controversial philosopher and novelist, who emigrated from the Soviet Union in 1926. Regardless of what one thinks of her ideas, there is no denying that she was a great American. When the American intelligentsia was playing footsie with Soviet communism, Rand unabashedly defended liberty and individual rights, America’s core values, famously declaring: “[The] United States of America is the greatest, the noblest and, in its original founding principles, the only moral country in the history of the world.”
But this proud naturalized American, who arguably did more than any contemporary figure to restore the faith of Americans in America, might have been hounded out of the country if one of our current crop of Republican hopefuls had been president when she arrived. Why? Because Rand lied and bent every rule to gain…
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When I was young and naïve, I believed that important people took positions based on careful consideration of the options. Now I know better. Much of what Serious People believe rests on prejudices, not analysis. And these prejudices are subject to fads and fashions.
Go in and read Krugman’s NY Times column, Myths of Austerity, HERE.
“Keeping world markets open is important, but avoiding planetary catastrophe is a lot more important….”
– Paul Krugmann in the NY Times
You deserved the Nobel Prize, Krugmann. Keep reminding us what the results of our inaction will be.