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April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Nov. 27, 2008 / 29 Mar-Cheshvan 5769

Recognizing Crisis

By Bob Tyrrell


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http://www.JewishWorldReview.com | There is a condign symmetry about this financial crisis. A government-induced crisis is getting a government-insured resolution. The excesses of Freddie Mac and Fannie Mae are being mopped up by huge federal spending, made all the more massive by all the reckless endeavors of the politicians, the regulators and the financiers who frivoled with the intemperance of Freddie and Fannie. Now President-elect Barack Obama has perhaps faced up to the mess. He has not shied away from bringing former Secretary of the Treasury Larry Summers onto his economic team as head of his National Economic Council.


Summers was a proper critic of Freddie and Fannie, having noted this past summer that "the illusion that the companies were doing virtuous work made it impossible to build a political case for serious regulation." This virtuous work was extending mortgages to those who could not afford those mortgages. The toxic mortgages were then bundled in with healthy mortgages and sold around the world by Wall Street geniuses like some enormous chain letter whose day of reckoning came some months ago.


The endeavor was a fantasy that had to end badly, and so it has. Yet at a certain level, the constituent elements of the Democratic Party are given to fantasy and excess. Consider the most vocal critics of Summers. They are not bankers or economists. They are feminists, often feminist scientists, who forced him out of the presidency of Harvard for his recognition that women of genius are not as plentiful as men of genius in the sciences and math. Now, what he cited is a fact. Summers drew no invidious conclusions and offered no program that would limit the number of lady scientists. He just noted the data in a forum supposedly open to free discourse. Kaboom — the women of the fevered brow drove him from office. Remind me not to read a book aloud in Harvard Yard.


Now, in this time of economic crisis, the women of the fevered brow attempted to keep Summers out of the Obama government despite his demonstrated economic acumen. And remember these feminists claim to be a force for justice and fairness. How long do they want to ban Summers from public life?


It was rumored that Obama wanted Summers back as head of Treasury. Perhaps the angry feminists kept Summers out of his old office. The man the president-elect has announced as his secretary of treasury, Timothy Geithner, is probably a suitable replacement. The economic team Obama is assembling strikes me as pretty good, but the way it was assembled is a bit worrisome. Are all the fanatics in the Democratic Party going to be able to get a hearing with this president? He is going to have to maintain both feet on the ground in the months ahead. The delusional malcontents that a Democratic presidential candidate courts in an election can cause a Democratic administration grave problems.


That brings to mind the visuals that the president-elect is using when he addresses the American people. He appears enhaloed by American flags, not one or two but a whole ring of flags. Moreover, he speaks from a lectern proclaiming "The Office of the President Elect." In point of fact, there is no Office of the President Elect, and Obama is not even in an office. He is on a stage. Arguably, a stage has been his office during much of his public life, given the fact that he will be America's first motivational speaker to become president. Actually, I doubt that this is the point Obama is trying to make. He is engaging in theater. Yet this dramatic setting is implausible. According to statute, he will not actually be president-elect until the Electoral College meets on the first Monday after the second Wednesday of December (Dec. 15 this year) to elect him according to the votes cast Nov. 4.


My advice to our incoming president is to avoid the implausible stage effects. There is plenty of drama out there, for instance a real war and a real economic crisis. Now he has appointed former Federal Reserve Chairman Paul Volcker to be chairman of a new presidential advisory board to oversee our emergence from this economic mess. Volcker is one of the great figures of his generation, known for slaying inflation in the early 1980s and a dozen other contributions to the commonweal. It is a sign that our first motivational speaker president might actually know what he is talking about — when he is talking seriously.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

JWR contributor Bob Tyrrell is editor in chief of The American Spectator. Comment by clicking here.

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