A tale of two pundits: Sowell v. Huffington

"In the space of a few hundred words, Sowell shows that every piece of that nugget of conventional non-wisdom is wrong. The market crash of ‘29 did not lead to higher unemployment, as a look at the employment figures of the time demonstrates. After an initial spike to 9 percent, unemployment settled back down to 6.3 percent by June 1930. The skyrocketing unemployment of the mid- to late 1930s was due not to the failure of the market, but rather to government meddling in the market. Exhibit A was the Smoot-Hawley Tariff Act, passed in June 1930, and which raised duty on thousands of imported goods, thus bringing international trade to a screeching halt. Five months after the Act was passed, Sowell points out, unemployment hit double digits."

American Social Studies 101 ATLAH

Top 10 dud predictions

"GLOBAL warming preachers have had a shocking 2008. So many of their predictions this year went splat.

"Here's their problem: they've been scaring us for so long that it's now possible to check if things are turning out as hot as they warned."

Barack Obama: The Naked Emperor

"There is an ‘image’ that Obama is against war, but no he’s not. He says he’s against the invasion of Iraq, though we’ll see what he does about that in office. How can a man calling for more troops, including European troops, to be sent to Afghanistan be against war? He has also said he is prepared to bomb Pakistan and use military force to stop Iran building nuclear weapons and he has appointed Hillary ‘Let’s bomb ‘em’ Clinton (Bilderberg Group, Trilateral Commission, Council on Foreign Relations) as Secretary of State and re-appointed Bush’s ‘Let’s bomb ‘em’ Secretary of Defense, Robert Gates (Bilderberg Group, Council on Foreign Relations). So that’s the ‘change we can believe in’, then.

"Obama isn’t against war at all and, if his controllers have their way, he will engage the US in even more foreign conflicts with the troops sent to their deaths, and the deaths of their targets, on a wave of oratory from the dark suit with the black face who would never go where he’s sending them."