Wednesday, June 22, 2011

Vanishing credibility

Our economy is sputtering. The signs of recovery are being overwhelmed by persistently high unemployment and real inflationary pressures. The two are linked. And this administration seems determined to steer clear of any action that would actually help. Instead, they seek to distract the voters by blaming someone.
It is not credible for the administration to endorse Ben Bernanke's decision to flood the world with dollars — and then denounce China for manipulating its currency.
Bret Stephens, WSJ (link requires subscription)

This is exactly what the thugs in the middle East have been doing for 50 years. They demonize Israel so as to distract their populations from their economic failure and absolute oppression.

We must not allow this to continue. We must elect new leadership.

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