Posts by William A. Jacobson  (Page 723)
 

Final Thoughts – It’s the Trust, Stupid

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Posted by    Monday, November 3, 2008 at 4:21pm 11/3/2008 at 4:21pm

As we conclude this final day before the election, the arguments have been made, the advertisements run, and the cash spent. Through all the noise, the essential decision facing the American people has not changed.

It’s all about trust.

I trust John McCain. Although I have never met him, I feel I know...

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Groupthink, Obama, The Media, and “I Told You So”

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Posted by    Monday, November 3, 2008 at 8:14am 11/3/2008 at 8:14am

Robert Shiller’s recent article, Challenging the Crowd in Whispers, Not Shouts, addresses the phenomenon of Groupthink in understanding speculative economic bubbles. Groupthink is a concept developed by Yale psychologist Irving L. Janis to understand why “experts” fail to speak out publicly to warn that the speculative bubble will burst. As described...

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Will Obama’s Election Result in One Person, One Vote, One Time?

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Posted by    Sunday, November 2, 2008 at 1:22pm 11/2/2008 at 1:22pm

“One Person, One Vote, One Time” describes the phenomenon of democratic [with a small d] societies electing leaders who intend to change the institutions of government to ensure their own political survival. Examples in history are many, but most recently Hugo Chavez in Venezuela. Hugo Chavez did not eliminate elections, but...

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Prepare for Retribution

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Posted by    Saturday, November 1, 2008 at 10:01am 11/1/2008 at 10:01am

Delusion is a dangerous thing. While the polls have tightened, and anything is possible, Obama still appears headed to a victory. Hope for the best, prepare for the worst.

Given the zeal with which the Obama campaign, it supporters, and the mainstream media have attacked anyone who dares criticize The One, those...

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I Must Be Doing Something Right

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Posted by    Saturday, November 1, 2008 at 12:23am 11/1/2008 at 12:23am

My article, A Harvard Trial Lawyer for McCain, is being picked up by blogs and websites, and spread by unknown persons in mass e-mails, generating mostly postive comments (some nasty e-mails, but that goes with the territory). Check out Free Republic, The Hawaii Reporter, The Hillary Clinton Forum, Nobama.com, Yellow...

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Why Do They Hate Sarah Palin So Much? She’s Happy

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Posted by    Friday, October 31, 2008 at 8:51am 10/31/2008 at 8:51am

One of the nagging questions of this election is the emotional, almost violent, reaction of Obama supporters to Sarah Palin. The absurd and offensive verbal abuse hurled at Palin has been unprecedented, and the mainstream media has led the charge. But why?
Many have speculated that Palin represents a threat to...
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Couldn’t Have Said it Better Myself

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Posted by    Thursday, October 30, 2008 at 3:08pm 10/30/2008 at 3:08pm

Similar to my post Obama Is Door No. 2, Fouad Ajami in his great article in The Wall Street Journal, Obama and the Politics of Crowds, points out that the hysteria in favor of Barack Obama long ago passed the stage of irrationality:

On the face of it, there is nothing overwhelmingly...

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Is Iran America’s Future?

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Posted by    Thursday, October 30, 2008 at 8:59am 10/30/2008 at 8:59am

It has been a while since I have agreed with Thomas Friedman, but Mr. Friedman has a good observation on the economic forces which may lead to the collapse of the Iranian regime:

Under Ahmadinejad, Iran’s mullahs have gone on a domestic subsidy binge — using oil money to cushion the prices...

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Obama’s Tax Plan Undermines Social Security

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Posted by    Thursday, October 30, 2008 at 8:12am 10/30/2008 at 8:12am

Barack Obama has put forth a plan to issue refundable income tax credits so that people who pay no income taxes will get “refund” checks from the federal government. Obama justifies these payments as being a refund of “regressive” payroll taxes. At the same time, Obama proposes to uncap the limit...

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What If The People Say “No” – Lessons From Forced Collectivization

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Posted by    Tuesday, October 28, 2008 at 1:38pm 10/28/2008 at 1:38pm

The heart of Obama’s tax plan is taking from the “rich” and giving to the less rich. Yet Obama’s tax plan is based on a fallacy that the “rich” will not change their economic behavior in reaction to higher tax rates.

History tells us, however, that economic redistribution plans fail because the...

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It’s 3 a.m. and the Prime Minister of Israel is Calling

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Posted by    Tuesday, October 28, 2008 at 12:48am 10/28/2008 at 12:48am

Think the Article and Video are farfetched? See this 10/31/2008 report: Syrian 3rd Army moves south from Iraq border to face Lebanon and Israel and this 11/3/2008 report: Syria moves more tank-artillery forces south to Israel border, “Senior IDF officers and some Western military sources are perplexed by the Israeli government’s...

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The “Richest 5%” Are The New Kulaks

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Posted by    Monday, October 27, 2008 at 8:17pm 10/27/2008 at 8:17pm

Comrades! The revolt by the five kulak volost’s must be suppressed without mercy. The interest of the entire revolution demands this, because we have now before us our final decisive battle “with the kulaks.” We need to set an example.

1) You need to hang (hang without fail, so that the public...

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Fear Stalks The Land

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Posted by    Monday, October 27, 2008 at 9:18am 10/27/2008 at 9:18am

I created this blog after a conversation with a good friend of mine, someone I respect tremendously for his personal strength under pressure. The topic turned to politics (he brought it up), and we had quite the argument (still friends) over the election. My friend supports Obama, and was shocked that...

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Who Will Be Left When Obama Comes for Us?

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Posted by    Sunday, October 26, 2008 at 10:26am 10/26/2008 at 10:26am

Barack Obama has vilified a small minority to whip up popular anger. Obama has turned that anger into political support. While Obama portrays himself as a new style of politician, the mistreatment of a small minority to gain popular support is one of the oldest tricks in the political book. History...

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The Press has Destroyed Our Right to a Free and Fair Press

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Posted by    Saturday, October 25, 2008 at 9:18am 10/25/2008 at 9:18am

The mainstream media has been so biased in this election, that most journalists no longer deserve the title. So says ABC News journalist Michael Malone in a great blog post:

“The traditional media is playing a very, very dangerous game. With its readers, with the Constitution, and with its own fate.

The...

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The Obama Market – The McCain Recovery

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Posted by    Friday, October 24, 2008 at 4:47pm 10/24/2008 at 4:47pm

Respected financial journalist Charles Gasparino has an excellent article, entitled An Obama Panic? In the article, Gasparinio makes a point the mainstream media ignores: While Obama certainly did not cause the credit and market crisis, the fear of an Obama victory is fueling the crisis. As the election nears, and Obama...

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It Would Be So Much Easier

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Posted by    Wednesday, October 22, 2008 at 7:15pm 10/22/2008 at 7:15pm

It would be so much easier to jump on the Obama bandwagon, to imagine hope, to wish for the Dear Leader to save us, to be popular with those who are oh so smart, to be polite at cocktail parties, to cower in silence, to simply take what we are given,...

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