Dick Morris's blog

Inside story of how Obama bungled oil spill

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It’s one thing to say that President Obama’s administration showed its ineptitude and mismanagement in its handling of the Gulf of Mexico oil spill. It is quite another to grasp the situation up close, as I did during a recent visit to Alabama. Read More»

Next big crisis: Bankrupt states

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Many say that the situation in Greece is a harbinger of what is coming to the United States. They are right. But first it will come to states like New York, California and Michigan, which are stretched way beyond their means and deeply in debt. Read More»

Here comes the double-dip recession

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The drop in the stock market (now about 1,000 points on the Dow) is a graphic indication of the stark fact that we are entering the infamous double dip of the recession, long feared and predicted. The economy is not in a V after all (down and then up) but in a W (down, up, down again and then, finally, up). And the cause of the second dip is not the recession itself, but the cure administered to it by President Obama and the Democratic Congress.

Consider the indications (data provided by New America Foundation, analysis by Sherle R. Schwanninger and Samuel Sherraden): Read More»

The silent economic killer: Obama’s VAT proposal

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When conservatives like Neal Boortz proposed the “fair tax” (a levy on consumption, not on income), we should have known that the Barack Obama left would seize on the proposal not as Boortz intended it to be — a replacement for the income tax — but as an addition to it. Now Obama has let it be known that the value-added tax, or VAT, is “on the table” as he casts about for taxes to lock in his gigantic levels of federal spending. Read More»

In the coming deficit war, will Republicans have the guts for it?

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We predict Republicans will take over both Houses of Congress. The question is: Once they achieve power, what will they do with it?

Clearly the dominant issue for the new Congress in 2011 will be how to bring down the deficit. Democrats will, of course favor tax increases, and Republicans will resist them. But drowning out the partisan rhetoric will be the editorial drumbeat from the economic and journalistic establishments that will call for compromise, splitting the difference between the two. Read More»

Obama: Gas us with no fear of nukes

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If any nation wants to attack the United States with chemical, biological or electromagnetic pulse weapons, it need not fear nuclear retaliation as long as it has no nuclear weapons and abides by the Non-Proliferation Treaty, Obama has announced.

So, as New Yorkers are coughing their lungs out from mustard gas or dying in the streets of biological weapons, they will know that their government will not use nuclear weapons to retaliate against their murderers. Read More»

The Shot Heard Round the World

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On the rude arch that spanned the flood
In the April breeze their flag unfurled
Here the embattled farmer stood
And fired the shot heard round the world
— Ralph Waldo Emerson

If Scott Brown wins the Senate seat vacated by Ted Kennedy, it means that any Republican can win at any time in any place. Such are the fortunes to which the Democratic Party has fallen under the ministrations of President Barack Obama. Read More»

How ObamaCare will alienate Americans

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Obama’s healthcare bill, the poisoned Kool-Aid now approved by the Senate, will not confer any of its supposed benefits on Americans until 2013. But they will find themselves chafing at its restrictions and paying its taxes immediately after the law takes effect. Then, they will see no gain, but plenty of pain, for the next three years. Read More»

ObamaCare will bankrupt states

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While Obama has been at great pains to make a show of avoiding taxes on the middle class to pay for his healthcare changes, his proposed increase in Medicaid eligibility will have a huge impact on the 39 states whose income cutoffs for the program are below those required in the new federal legislation. Read More»

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