Toluu : Chronicle of the Conspiracy

Chronicle of the Conspiracy

Join us as we discover, document, expose and challenge the bad people, the bad institutions and the bad ideas that stand in the way of wealth creation -- and show you how to fight back!

HERE'S OUR FUTURE OF "CHANGE"Yesterday

Thanks to John Wallace.

Obama ran on a platform of "change," and was fond of pointing out how horrible everything is -- that is, how much it needs his "changing." OK, let's hold him to it. Here's the benchmark. On election day,

The inflation rate was 3.7%
Unemployment was 6.5%
The prime was at 4%
The Dow closed at 9,625
The NASDAQ closed at 1,780
The S&P closed at 1,005
Oil was $60 a barrel.
U.S. monthly domestic oil production: appx 155 million barrels
U.S. proven oil reserves: 21.3 billion barrels
U.S. offshore proven reserves: 3.9 billion barrelsThanks to David Duval for the link.

KUDLOW REPLAYNovember 18

Here' the YouTube video of tonight's appearance.

AT LEAST NOW THAT OBAMA IS ELECTED...November 16

...we don't have to hear about how great the economy was thanks to Bill Clinton, and how George W. Bush destroyed it the moment he took the presidency. Here is Clinton himself with a version of that lie:

They took us from record surpluses to an exploding debt; from over 22 million new jobs to just 5 million; from increasing working families' incomes to nearly $7,500 a year to a decline of more than $2,000 a year; from almost 8 million Americans lifted out of poverty to more than 5.5 million driven into poverty; and millions more losing their health insurance.

Now that the Republicans are out, we get treated to whole new Democratic lies about the economic history of the United States, re-tailored to meet the political needs of moment -- that is, to move everything way to the Left, not just back to where Clinton had it near the center. Here's Dean Baker, the uber-Leftist econo-hack and Big Labor tool, with the new narrative. Okay everyone on the left, press your "record" buttons and listen carefully. This is what you are all expected to parrot constantly, starting now.

Rather than handing George Bush a booming economy, Clinton handed over an economy that was propelled by an unsustainable stock bubble and distorted by a hugely over-valu

WHEN HARRY MET NANCYNovember 15

My DC-insider friend "Mick Danger" has been too busy reconfiguring his life for an Obama presidency to do much blogging here. But here's a quick note from him on what we can all look forward to.

In my extensive travel from Washington to Boston and back (Blue Coast Number One), Obama voters tell me that the only thing they fear is the potential for a 60-vote Democratic Senate.
If I want to shorten the discussion, I say, "Nah, cut your fear by half. The Senate finds a way to moderate itself."
If I want to prolong it, I say, "I thought the whole idea was change. It's a little late to wish for gridlock. Obama will steer left on every issue. Nancy will be giving directions. Harry's just along for the ride."
If I want to pour it on, I continue: "Say, how about your union agenda? What do you mean it's not 'your' agenda. You just voted for it. Are you ready for the complete wipe-out of all the NLRB precedents which rebalanced management and labor?"
Usually there is no response because they hadn't thought of this as a direct consequence of their vote. Like their counterparts in Silicon Valley venture capital, East Coast financial people have little, if any, first-hand experience with the labor movement.
I say, "Hey, why not invite Andy Stern over to see if he can help improve working conditions at Goldman Sachs?"
Soon as the Dems get control of NLRB,