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Right Turn
Posted at 07:45 AM ET, 01/26/2012

Morning Bits

Crackers. “ ‘When they have 13,000 Americans living on the moon, they can petition to become a state,’ [Newt] Gingrich said to applause at a speech on Florida’s Space Coast. Gingrich, a longtime proponent of spaceflight and public zoos, added, ‘By the end of my second term, we will have the first permanent base on the moon, and it will be American.’ ”

Nuts to nominate Gingrich, says Emmett Tyrell Jr. “He blew the impeachment and in fact his role as Speaker. He backed out in disgrace. He now says Republicans in the House were exhausted with his great projects. Nonsense, I knew many of them, and they were exhausted with his atrocious leadership. He is not a leader. He is a huckster. Today Mitt Romney has 72 Congressional endorsements. Newt has 11. Possibly the 11 have yet to meet him.” Read the whole, hilarious piece.

Most every foreign policy idea is a lemon these days. “The Obama administration, in advanced negotiations on nuclear-cooperation agreements with Jordan and Vietnam, has withdrawn a demand that these countries forgo their rights to produce nuclear fuel, senior U.S. officials said . . . . ‘If the U.S. lets Jordan, Vietnam or South Korea make nuclear fuel, you can kiss any attempt to persuade Iran or any other state to forgo fuel making goodbye,’ said Henry Sokolski, executive director of the Nuclear Policy Education Center.”

Trying to have his cake and eat it (or spend it), too. Glenn Kessler on the State of the Union: “ ‘Take the money we’re no longer spending at war, use half of it to pay down our debt, and use the rest to do some nation-building right here at home.’ This is fanciful budget math. The wars in Iraq and Afghanistan were funded with borrowed money, so what Obama is really asking for is an increase in domestic spending relative to the Pentagon. The United States is still running huge deficits, so none of this imagined savings would ‘pay down the debt’ until the United States once again began running surpluses. Instead, his proposal would continue to add to the debt.”

Bacon aficionado and Instapundit Glenn Reynolds will love this: “Bacon — a New Cure for Nosebleeds.”

That would be the icing on the cake: Entice Big Labor to spend millions, and Wisconsin Gov. Scott Walker (R) keeps his seat. “Wisconsin’s Republican Governor Scott Walker, who is the target of an election recall effort, leads all of his possible Democratic opponents in a special election expected later this year, according to a new opinion poll.”

If this is correct, President Obama will really be in the soup. “The Federal Reserve said on Wednesday that it was likely to raise interest rates at the end of 2014, but not until then, adding another 18 months to the expected duration of its most basic and longest-running response to the financial crisis. The announcement means that the Fed does not expect the economy to complete its recovery from the 2008 crisis over the next three years. By holding short-term rates near zero beyond mid-2013, its previous estimate, the Fed hopes to hasten that process somewhat by reducing the cost of borrowing.”

Gingrich keeps trying to milk his supposed connection to Ronald Reagan. Fred Barnes is having none of it: “There’s one mention of Newt Gingrich in The Reagan Diaries. It’s in Chapter 3, which covers 1983. Page 123 in the book: ‘Newt Gingrich has a proposal for freezing the budget at the 1983 level. It’s a tempting idea except that it would cripple our defense programs. And if we make an exception on that every special interest group will be asking for the same.’ ” Ouch.

Quin Hillyer takes the GOP leadership to task for behaving like a tower of Jello. “You see, if they are conservatives themselves, well, they can’t endorse another strong conservative, because if that conservative wins he might want a moderate to balance the ticket — which would rule them out. But they can’t endorse a moderate, not even to suck up to him for vice presidential purposes, because by doing so it would kill their conservative ‘street cred’ and thus undermine their appeal to the very audience the moderate might want their help appealing to.” Read the whole thing. Better to laugh than cry.

By  |  07:45 AM ET, 01/26/2012

 
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