Krauthammer on Stimulus Round Two, Perspective on Jackson’s Death

Commentator deems ‘stimulus’ bill a ‘trillion-dollar mulligan.’

I missed last night’s edition of Special Report on Fox News Channel, a show I try to catch whenever possible, as it bypasses the largely irrelevant news in favor of the political give and take that could sink or swim the United States of America. The folks over at The Corner at National Review, however, did not miss the show. And, thankfully, they were taking notes when Charles Krauthammer spoke about the possibility of a second “stimulus” package, as well as the continuing coverage of Michael Jackson.

I love Charles Krauthammer. His columns are always must-read, and his near daily insight on Special Report always has me nodding my head and wishing I could be as clear, concise and convincing as he. So, thanks to the folks at NRO for watching and listening when I just couldn’t.

On the possibility of a second “stimulus” package, a plan being tossed around by Democrats on Capitol Hill even though much of the first so-called “stimulus” money hasn’t been spent, and certainly–but not surprisingly–hasn’t provided the promised results:

Well, as Nina says, it’s [the stimulus package] a trillion dollar mulligan. You know, the first rule in Washington is if you’re in a hole, stop digging. And this is digging more and more into the hole.

The administration argues that the reason unemployment is higher than they projected is that the stimulus hasn’t yet kicked in. Well, if that is the case, why would you argue for a second stimulus that’s going to add another $1 trillion to the debt when there is no evidence yet, admittedly—you would admit yourself there is no evidence—that the first stimulus had worked.

And secondly…if you’re going to add on a second stimulus after arguing that the lag in the effect of the stimulus is large—and that’s why we haven’t seen any effect yet—that means that the effects of the second stimulus would be way down the road. It would be kicking in at a time when the administration itself is projecting that the economy will be rising and in recovery.

So it will overheat and over-stimulate the economy, add to inflation rates, and add hugely to our debt at a time when we already have rumblings from the Russians, the Chinese, and even the Indians today of removing the dollar as the world reserve currency.

And on the continuing coverage of Michael Jackson’s death, contrasted with the dearth of coverage with regard to deaths of American soldiers overseas:

Well, soldiers die dignified, sacrificial lives, and they are not celebrities. I think the pathology here is the celebrity culture, which is why you have the media coverage.

We haven’t seen anything like this outpouring of sentiment since Princess Diana, and at the time of her death, you had to ask yourself, what did she accomplish? What exactly had she done?

Winston Churchill got a third of a million at his funeral; she got 10 times as much. He saved the Western civilization; she wore clothes nicely. And Jackson was sort of the apotheosis of that here in America…She was never accused, Princess Diana, of the monstrous deeds that Michael Jackson was, [nor] some of the less monstrous of which he admitted to. That was whitewashed away on account of his celebrity.

And I think that is the feeling of unease people have, the adulation and the worship a man who had a tragic and deeply flawed life.

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Comments

  1. Gail B says:

    Jeff, I really wish your blog site came under "required reading" by Members of Congress!

    Much of what you write is copied and pasted to an email, credit given to Jeff Schreiber and http://www.americasright.com, and sent to them.

    And at the bottom of each one appears "Who has DUAL CITIZENSHIP and is NOT A NATURAL-BORN CITIZEN?" (Thanks, Claudia!)

  2. I GIVE UP says:

    This administration is just plain stupid. There is NO other way to put it.

  3. THOMAS PAINE says:

    What is wrong with this country? You people have wasted the most beautiful thing in the world. FREEDOM.

  4. PALIN-KRAUTHAMMER 2012 says:

    I love this guy.

  5. goddessdivine says:

    Krauthammer is brilliant. He is almost always spot on.

    This MJ thing has been so over done; just goes to show who the vast majority worship and listen to. Sad.

  6. Rix says:

    Second stimulus, huh? More like second gold rush for politicians. And, pray tell me, why not? We act like a countryside bumpkin at The Great Barnum Show – he shakes his head in disbelief and outrage but still dutifully pays the entry fee.

  7. Gail B says:

    Jeff Schreiber said, "I love Charles Krauthammer. His columns are always must-read, and his near daily insight on Special Report always has me nodding my head and wishing I could be as clear, concise and convincing as he."

    Don't sell yourself short, Jeff! Your language skills are to die for, and your verbal marksmanship is that of an expert.

  8. Bodenzee says:

    It's sad, but it appears that the informed electorate has been fawning over an addict. It’s a shame they don’t have a real hero.

  9. COME ON BARACK says:

    NEW YORK (Reuters) – The vacancy rate for U.S. apartments reached its highest level in more than 20 years in the second quarter and could soon exceed record highs if the recession persists, real estate research firm Reis Inc said.

    The national vacancy rate rose to 7.5 percent, the highest since 1987 and an increase of 1.4 percentage points from last year, according to a report Reis released on Wednesday. The record high was 7.8 percent in 1986.
    "We are reaching that historic high very quickly," said Victor Calanog, Reis director of research.

  10. WHERE'D THE NUTS GO? says:

    Off topic? but I just tried to go to acorn.org and the link is now invalid.

  11. John Feeny says:

    Here's my summation on the MJ coverage:

    > damage control for his legacy

    > an opportunity for every insecure egomaniac in Hollywood to preen for the cameras

    > an opportunity for every blind defender of Jackson's to come out of the woodwork screaming, "don't you believe in the Constitution? In innocent until proven guilty?" Yet, when their candidate in the White House tramples on the Constitution as part of his breakfast routine, there's heard nary a discouraging word.

    You can't make this up.

  12. Anonymous says:

    http://briefingroom.thehill.com/2009/07/08/white-house-spells-obamas-name-wrong/

    White House spells Obama's name wrong
    @ 2:45 pm by Eric Zimmermann

    Someone might want to look into whether an impostor took President Obama's place during his trip to Russia

    In a release touting an agreement between Obama and President Dmitry Medvedev over how to craft a follow-up to the START arms reduction treaty, the White House claimed the document had been signed by one "Barak Obama."

    Whoops

  13. A SCRABBLE FIGHTING WORD says:

    How is it spelled on the vault copy birth certificate? We will never know.

  14. Chuck in San Diego says:

    Hey "Where'd the nuts go?",

    Did you try "acorn.GOV" instead ???

    ;-)

  15. BOO YAH says:

    acorn.gov ha ha you had me there for a moment and I tried it. Good One Chuck.

  16. Gail B says:

    Al Sharpton was arguing with Bill O'Reilly a while ago about MJ.

    My opinion is that MJ might be king of pop, but he was not king of respect. You can't buy respect.

  17. Sandy says:

    ACORN International changed its name to Community Organizations International due to something about an image problem…;o).

  18. Anonymous says:

    From a post on the TOTUS blog, ACORN is now quite active in Europe, and Central and South America. No doubt another ploy by BHO to force his demands on everyone, worldwide.

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