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Peter Schiff vs. Art Laffer and all the other cheerleaders

Peter Schiff has been calling the mortgage crisis and the recession for years. This video shows Schiff battling the likes of Art Laffer and Ben Stein, who were arguing last year that the US economy was in great shape and that there was no problem with inflated home values or the sub-prime mess.

Laffer is the same guy saying the sky will fall if Obama institutes his tax plan. Why should we listen to this guy?

For years we were told that tax cuts would solve everything. Of course, we were just living it up on cheap money, and now the bill is coming due. Watch the video, and ask yourself who you should be listening to now.

Hat tip: Andrew Sullivan

Crazy Keith

23/6 compiled Keith Olbermann’s special comments in one crazy and hilarious minute.

Get the latest news satire and funny videos at 236.com.

I’m a fan of Olbermann’s show, but I can see why some don’t like him much, and this clip shows him at his self-righteous worst. That said, he was one of the first in the media to call out the Bush administration for their more outrageous acts, so much of the bluster was more than warranted.

Also, there’s one big difference between Keith and other blowhards like Bill O’Reilly – he has a sense of humor and can laugh at himself. I first saw this clip on Keith’s show. He also showed the over-the-top SNL skit about him last week.

O’Reilly, on the other hand, would probably have put 23/6 on his enemies list, calling them left-wing radicals for questioning him in any way.

The Sarah Palin show

Obviously, it’s time to move beyond Sarah Palin, but she keeps inserting herself in the news by agreeing to do all the interviews that she should have done when she was a candidate for high office.

The results have not been impressive. She’s incapable of giving logical answers to most substantive questions, and she throws out more cliches than any politician in recent memory. That’s quite an accomplishment.

I was watching a panel of Republican governors today on C-Span, and it’s striking how impressive governors like Mark Sanford and Tim Pawlenty can be when discussing the future of the GOP. Sarah Palin just doesn’t measure up.

It’s fun watching Republicans argue about the future of their party, but they will not make much progress as long as many in the base remain fixated with Sarah Palin.

Secretary of State Hillary Clinton?

Huh?

News outlets are reporting that Hillary Clinton is under consideration for Secretary of State. I guess Obama wasn’t kidding when he said he was considering the Lincoln model of a team of rivals.

There’s increasing chatter in political circles that the Obama camp is not overly happy with the usual suspects for secretary of state these days and that the field might be expanding somewhat beyond Sen. John Kerry (D-Mass.), Gov. Bill Richardson (D-N.M.), Sen. Chuck Hagel (R-Neb.) and maybe former Democratic senator Sam Nunn of Georgia.

There’s talk, indeed, that Sen. Hillary Rodham Clinton (D-N.Y.) may now be under consideration for the post. Her office referred any questions to the Obama transition; Obama spokesman Tommy Vietor declined to comment.

I’m a little puzzled by this one. I think she would be much better suited for a career in the Senate where she could work on issues like health care. She’s certainly up to the job, and she would have Bill Clinton as a resource, but it seems like there are many other options. On the other hand, it shows that he’s willing to bring in some of the best people in the party, and that he’s not afraid to have big personalities in his administration.

The Iranians are worried

Faced with the prospect of an American adinistration that is willing to negotiate without preconditions, the Iranian leadership is starting to get worried.

Since 2006, Iran’s leaders have called for direct, unconditional talks with the United States to resolve international concerns over their nuclear program. But as an American administration open to such negotiations prepares to take power, Iran’s political and military leaders are sounding suddenly wary of President-elect Barack Obama.

“People who put on a mask of friendship, but with the objective of betrayal, and who enter from the angle of negotiations without preconditions, are more dangerous,” Hossein Taeb, deputy commander of Iran’s Revolutionary Guard Corps, said Wednesday, according to the semiofficial Mehr News Agency.

“The power holders in the new American government are trying to regain their lost influence with a tactical change in their foreign diplomacy. They are shifting from a hard conflict to a soft attack,” Taeb said.

For Iran’s leaders, the only state of affairs worse than poor relations with the United States may be improved relations. The Shiite Muslim clerics who rule the country came to power after ousting Shah Mohammad Reza Pahlavi, a U.S.-backed autocrat, in their 1979 Islamic revolution. Opposition to the United States, long vilified as the “great Satan” here in Friday sermons, remains one of the main pillars of Iranian politics.

President Mahmoud Ahmadinejad sent Obama a congratulatory letter last week, but by Wednesday his welcoming tone had dissipated. “It doesn’t make any difference for us who comes and who goes,” he said in a speech in the northern town of Sari. “It’s their actions which are studied by the Iranian and world nations.”

Dictators and corrupt regimes need an external enemy in order to help them control their citizens. The demonization of the United States has been a useful tool in Iran, as it distracts the population from the economic misery caused by the government’s disastrous policies.

Now, the incoming Obama administration is ready to call their bluff, and the Iranian leadership realizes that they’ve put themselves in a box. If they refuse to negotiate, we gain a tremendous amount of leverage with the Europeans and Russians as we turn the screws with even tougher sanctions.

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