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THE WEIRS TIMES, Thursday, July 22, 2010


The National Association for the Advancement of Coddled People


Before the


by Michelle Malkin Syndicated Columnist


National As- sociation for the Advance- ment of Col- ored People de c ided to ride the an- ti-tea party wave back to political rel- evancy, i ts most recent


SIGNS OF THE TIMES If you could


by Thomas Sowell Syndicated Columnist


s p e n d v a s t amount s o f other people’s money just by saying a few magic words, wouldn’t you be tempted to do it? Barack Obama has spent hun- dreds of bil-


lions of dollars of the taxpayers’ money just by using the magic words “stimulus” and “jobs.” It doesn’t matter politically


that the stimulus is not actu- ally stimulating and that the unemployment rate remains up near double-digit levels, despite all the spending and all the rhetoric about jobs. And of course nothing negative will ever matter to those who are part of the Obama cult, includ- ing many in the media. But, for the rest of us, there is


a lot to think about in the eco- nomic disaster that we are in. Not only has all the runaway spending and rapid escalation


of the deficit to record levels failed to make any real headway in reducing unemployment, all this money pumped into the economy has also failed to pro- duce inflation. The latter is a good thing in itself but its im- plications are sobering. How can you pour trillions of


dollars into the economy and not even see the price level go up significantly? Economists have long known that it is not just the amount of money, but also the speed with which it circulates, that affects the price level. Last year the Wal l Street Journal reported that the ve- locity of circulation of money in the American economy has plummeted to its lowest level in half a century. Money that people don’t spend does not cause inflation. It also does not stimulate the economy. The current issue of Bloomberg


Businessweek has a feature ar- ticle about businesses that are just holding on to huge sums of money. They say, for example, See SOWELL on 10


activist crusade involved a silly space-themed Hallmark gradu- ation card. Yes, the NAACP has been lost in space for quite some time now. And blaming whitey will no longer cut it. In June, the Los Angeles chapter


of the NAACP demanded that the greeting card be pulled because it used the term “black holes” (which the bionically equipped ears of the p.c. police insisted sounded like “black whores”). “It sounds like a group of chil- dren laughing and joking about blackness,” one NAACP official complained. It was a group of hipster car-


toon characters chattering about the universe and galaxies and wide-open possibilities to new high school and college grads. Alas, this is what has become of the once-inspired drive against racial discrimination. In just a few short decades, the


stalwart strivers for equality have turned into coddled whiners for hypersensitivity. The NAACP is a laughingstock. The group no lon- ger represents the best interests of oppressed minorities, but the thin-skinned whims of the black elite and the ravenous appetite of the Nanny State. Establishment civil rights leaders now use their once-compelling moral authority


to hector, bully and shake down corporate and political targets. As Ward Connerly, the truly


maverick opponent of govern- ment racial preferences who is black, wrote recently, “the NAACP is not so much a civil-rights orga- nization as it is a trade associa- tion with clear links to the Demo- cratic Party, despite the claim of its chairman that ‘the NAACP has always been non-partisan.’ Such a statement doesn’t pass the giggle test. The NAACP uses the plight of poor black people as a fig leaf to hide its true agenda of promoting policies that benefit their dues-paying members, not black people in general or poor black people in particular.” To compensate for squander-


ing the proud history of the civil rights organization on innocent greeting cards, NAACP leaders introduced a much-hyped resolu- tion at their annual convention this week attacking the nation’s biggest racial bogeyman: the tea party movement. It’s a tried and true tactic of worn-out grievance- mongers: When you can’t find evil enough enemies to blame for your problems, manufacture them. (Just ask hate crimes huckster Al Sharpton.) This is why one of the most popular signs spotted at tea party pro- tests across the country remains the one that reads: “It doesn’t matter what this sign says. You’ll call it racism, anyway!” The NAACP resolution calls on


its chapters across the country to “repudiate the racism of the Tea Parties” and stand against the movement’s attempt to “push our country back to the pre-civil rights era.” Yet, it’s the NAACP that lobbied the Obama White See MALKIN on 40


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