Quotes of the Day

John Ransom:

Clearly, our government, as it operates now, doesn’t work. They pass laws that don’t address actual problems, they foster a tax code that is corrupt at its core, they borrow money in excess of what future taxes can support and they refuse to listen to calls for reform.

The last several election cycles the voters have voted for change. This time the politicians better get it right- or I fear for the future.

In the coming months, you'll hear the argument that the Stupid Party wants to rescind the laws protecting us from those scary, unregulated banks.  They may even mention Dodd-Frank by name, the epic bill to "regulate" the banks.  There's just one problem: that's a lie.  Dodd-Frank does not protect us from those banks. 

I read a lot of financial sites.  Not just Denninger, and Zero Hedge, but a wide range, including banks and capital companies.  In most cases I have no idea which way the writer leans in our political space.  I have never come across anyone, anywhere who was not known to be on the Evil Party payroll who said Dodd-Frank does anything to correct the fundamental problems that caused the last crash.  The exact opposite is the case; they all say it does nothing to correct the problems.  (More background here).

The other quote of the day comes from an awful story about recent events in the Glorious Arab Spring that Dear Leader praised so highly.  Not just Dear Leader, but the Hildebeest and her Muslim Brotherhood assistant, Huma Abedin.  The Eqyptian Muslim brotherhood has begun crucifying anyone opposed to their new president, Morsi, with special viciousness reserved for the Coptic Christians.  The quote in this case is:

Center for Security Policy Senior Fellow Clare Lopez cited chapter and verse from the Quran to explain that crucifixions are not simply normal for Islam, they’re demanded.

“Crucifixion is a hadd punishment, stipulated in the Quran, Sura 5:33, and therefore an obligatory part of Shariah,” Lopez said. “It’s been a traditional punishment within Islam since the beginning, even though it’s not exclusively Islamic. The Romans used it too." (emphasis added - SiG) 

It's time for the Coptics to get out of Egypt before it's too late.  If they were organized and armed, it would be a different story, but they're not.  For the Coptics, it's starting to look like Germany in the early 1930s.  The Islamic Caliphate is ascendant.  How long before the Muslim Brotherhood is crucifying Christians in other countries in the region?  They've been doing it (example).  How long before they're doing it here?  Want to take bets?