This Week: Nov 25 – Dec 1

by John Hawkins | December 2, 2011 2:52 am

Since 1965, the year the Beatles played Shea Stadium and the miniskirt came to America, government spending has grown faster than the combined total of inflation plus population growth every year but one. If government spending in America had just held pace with population growth and inflation since 1954, government spending today would total $1.3 trillion. Instead, spending this year will top $5.4 trillion. — Pat Buchanan[1]

I helped Ronald Reagan and Jack Kemp develop supply side economics. I helped lead the effort to defeat communism in the Congress. — Newt Gingrich[2]

Really poor children in really poor neighborhoods have no habits of working and have nobody around them who works, so they literally have no habit of showing up on Monday. They have no habit of staying all day. They have no habit of ‘I do this and you give me cash’ unless it’s illegal. — Newt Gingrich[3]

Obama believes in a Saul Alinsky radicalism which the press corps was never willing to look at. When he said he was a community organizer, it wasn’t Boy Scouts and Girl Scouts. It was radicalism taught on the south side of Chicago by Saul Alinsky. — Newt Gingrich[4]

Nostalgia for the old days increases as liberals seek escape from mounting evidence in the present of the failure of the policies they’ve advocated all their lives. — Jack Kelly[5]

Who’da thunk a protest movement composed largely of ignorant and arrogant rich kids with no coherent agenda who deliberately disrupt the lives of working people, urinate and defecate in public, steal from street vendors and assault old ladies and little children would become unpopular? — Jack Kelly[5]

The difference between Romney and Gingrich can, perhaps, best be summarized with a single statement: Mitt Romney’s signature legislative achievement was Romneycare, while Newt Gingrich’s was welfare reform. — Tina Korbe[6]

In fact, the debt is so high that it would take roughly a $48,000 contribution from every American to retire it. — The Los Angeles Times[7]

And then this miserable son of a bitch (Rick Scott) has the audacity to go to a homeless shelter? It’s a wonder somebody didn’t hold his head down in a vat of turkey gravy until he stopped squiggling! He goes to a homeless shelter and talks about how he cares…? Mmm-hmm!” — Mike Malloy[8]

Our kids are going to be fine. And I always tell Malia and Sasha, look, you guys, I don’t worry about you . . . they’re on a path that is going to be successful, even if the country as a whole is not successful. — Barack Obama[9]

The advantage the United States enjoys is that, unlike Greece, it can print the currency in which its debt is denominated. But, even so, it still needs someone to buy it. The failure of Germany’s bond auction on Wednesday suggests that the world is running out of buyers for western sovereign debt at historically low interest rates. And, were interest rates to return to their 1990-2010 average (5.7 percent), debt service alone would consume about 40 percent of federal revenues by mid-decade. That’s not paying down the debt, but just staying current on the interest payments. — Mark Steyn[10]

  1. Pat Buchanan:
  2. Newt Gingrich:
  3. Newt Gingrich:
  4. Newt Gingrich:
  5. Jack Kelly:
  6. Tina Korbe:
  7. The Los Angeles Times:,0,2352583,full.story
  8. Mike Malloy:
  9. Barack Obama:
  10. Mark Steyn:

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