Ranger from the North

1989 exemplified with rare power the resilience of Western civilization. In our time, too, there are brutal despots who imagine that their power is unassailable: that their tanks and torturers can keep them in power forever. But the message of 1989 is that tyranny is not forever - and that the downfall of tyrants can come with world-changing speed.

# posted by Ranger @ 10:38 PM 0 comments

Suddenly, Obama is, in the words of his spokesperson, "prepared to accept some Taliban involvement in Afghanistan's political future." I'm sure the Taliban thinks that's big of Obama. But one wonders whether, given Obama's apparent lack of appetite for the fight, the Taliban is prepared to accept his involvement in Afghanistan's political future.

# posted by Ranger @ 9:04 PM 0 comments

As we try to shake off the financial crisis, here's a bright idea. Take a law that has led to the writing of an enormous amount of bad mortgages and expand it. Then take enforcement away from bank examiners and give it to housing activists.

Sound like a poisonous cocktail? Well, it is what the Obama administration and Democrats are currently stirring up on Capitol Hill.

The White House and Congress want to expand a 30-year-old law--the Community Reinvestment Act--that helped to fuel the mortgage meltdown. What the CRA does, in effect, is compel banks to seek the permission of community activists to get regulatory approval for bank expansions and mergers. Often this means striking a deal with activist groups such as ACORN or unions like the Service Employees International Union (SEIU) and agreeing to allocate credit to poor and minority areas that are underserved.

In short, the CRA encourages banks to make loans they would not ordinarily make. What's more, these agreements often require that banks offer no-money-down mortgages and remove caps on how much debt a borrower can take on. All of this is done in the name of "financial democracy."

# posted by Ranger @ 7:01 PM 0 comments

Needless to say, the First Amendment does not contain a "compelling governmental interest" exception. Legally, of course, no statute can trump the Constitution. But that doesn't mean the Democrats can't try, and it doesn't mean that Barack Obama's intensely politicized Justice Department won't try to bring criminal prosecutions against the administration's political opponents. Indeed, that appears to be the destination the Democrats have in mind when they continually try to demonize opposition to left-wing policies as "hate speech."

# posted by Ranger @ 6:34 PM 0 comments