Richie

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Posts by Richie

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  39

  Does Bush Qualify???

  by caspian in

  1. social
  2. current

  george w. bush isn?t really a president, but he plays one on television.

  from his ?top gun?

  landing on an aircraft carrier to his ?turkey toting?

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  Richie

  A Short History of Terrorism They bomb the World Trade Center in 1993. A few are captured and spend years in our courts. No American outrage and there is no hunt for the terrorist leader. In the Middle East, terrorist attack a Navy destroyer, killing many American sailors. Again, no outrage and NO visible effort to hunt down the terrorists. Right before Hilary's election, Bill Clinton releases terrorists, that have murdered, and that were jailed in New York. During his last moments in the White House, Bill Clinton's again embraces terrorists and pardons them.
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  91

  How to Be a Republican - A Primer

  by Michael3000 in

  1. social
  2. current

  enjoy .

  1. being a drug addict is a moral failing and a crime, unless you're a conservative radio host.

  then it's an illness and you need our prayers for your recovery.. .

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• 

  Richie

  1. What president has done more to destroy the US Military since WWII than Poor Billeeee???

  2. What President has raise taxes more than any other president than Poor Billeeee???

  3. What other President has increased the size of Government more than Poor Billeeeee???

  4. What President has lied more than Poor Billeeee???

  5. What President has done more against the black race than Slick Willeeee and did not get credit for it???

  6. What other President has used drugs in the Oral Office more than Sir William of Hope????

  7. What other President has done more to destroy the Constitution than Boy Clinton???

  8. What other President has move us toward One World Goverment with the United Nations than Twinkle Toes Cllinton????

  9. What other President has had more people around him drop dead than Sir Bacula of Little Rock????

  10. What other president has almost started a war anytime attacked in the media than Ole Billeee boy, ole Billeee boy we love you SO???
• 
  91

  How to Be a Republican - A Primer

  by Michael3000 in

  1. social
  2. current

  enjoy .

  1. being a drug addict is a moral failing and a crime, unless you're a conservative radio host.

  then it's an illness and you need our prayers for your recovery.. .

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  Richie

  If you want to be a GOOD Democrat, there are
  some prerequisites you must have first. Compare the below and see how you rate.

  1. You have to believe the AIDS virus is spread by a lack of federal funding.
  
  2. You have to believe that the same teacher who can't teach 4th graders how to read is somehow qualified to teach those same kids about sex.
  
  3. You have to believe that guns, in the hands of law-abiding Americans, are more of a threat than U.S. nuclear weapons technology, in the hands of Chinese communists.

  4. You have to believe that there was no art before Federal funding.
  
  5. You have to believe that global temperatures are less affected by cyclical, documented changes in the earth's climate, and more affected by yuppies driving SUVs.
  
  6. You have to believe that gender roles are artificial but being homosexual is natural.
  
  7. You have to be against capital punishment but support abortion on demand.
  
  8. You have to believe that businesses create oppression and governments create prosperity.
  
  9. You have to believe that hunters don't care about nature, but loony activists from Seattle do.
  
  10. You have to believe that self-esteem is more important than actually doing something to earn it.
  
  11. You have to believe the military, not corrupt politicians, start wars.
  
  12. You have to believe the NRA is bad, because it supports certain parts of the Constitution, while the ACLU is good, because it supports certain parts of the Constitution.
  
  13. You have to believe that taxes are too low, but ATM fees are too high.
  
  14. You have to believe that Margaret Sanger and Gloria Steinmen are more important to American history than Thomas Jefferson, General Robert E. Lee or Thomas Edison.
  
  15. You have to believe that standardized tests are racist, but racial quotas and set-asides aren't.
  
  16. You have to believe Hillary Clinton is really a lady.
  
  17. You have to believe that the only reason socialism hasn't worked anywhere it's been tried, is because the right people haven't been in charge.
  
  18. You have to believe Republicans telling the truth belong in jail, but a liar and sex offender belongs in the White House.
  
  19. You have to believe that homosexual parades displaying drag, transvestites and bestiality should be constitutionally protected and manger scenes at Christmas should be illegal.
  
  20. You have to believe that illegal Democratic party funding by the Chinese is somehow in the best interest of the United States.
• 
  91

  How to Be a Republican - A Primer

  by Michael3000 in

  1. social
  2. current

  enjoy .

  1. being a drug addict is a moral failing and a crime, unless you're a conservative radio host.

  then it's an illness and you need our prayers for your recovery.. .

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  Richie

  Liberals claim President Bush shouldn't have started this war.

  They complain about his prosecution of it. One liberal recently claimed Bush was the worst president in U.S. history. Let's clear up one point: We didn't start the war on terror. Try to remember, it was started by terrorists BEFORE 9/11. Let's look at the "worst" president and mismanagement claims.

  FDR led us into World War II. Germany never attacked us: Japan did. From 1941-1945, 450,000 lives were lost, an average of 112,500 per year.

  Truman finished that war and started one in Korea, North Korea never attacked us. From 1950-1953, 55,000 lives were lost, an average of 18,333 per year.

  John F. Kennedy started the Vietnam conflict in 1962. Vietnam never attacked us.

  Johnson turned Vietnam into a quagmire. From 1965-1975, 58,000 lives were lost, an average of 5,800 per year.

  Clinton went to war in Bosnia without UN or French consent, Bosnia never attacked us. He was offered Osama bin Laden's head on a platter three times by Sudan and did nothing. Osama has attacked us on multiple occasions.

  In the two years since terrorists attacked us, President Bush has liberated two countries, crushed the Taliban, crippled al-Qaida, put nuclear inspectors in Lybia, Iran and North Korea without firing a shot, and captured a terrorist who slaughtered 300,000 of his own people. We lost 600 soldiers. Bush did all this abroad while not allowing another terrorist attack at home.

  Worst president in history? Come on! The Democrats are complaining about how long the war is taking, but...

  It took less time to take Iraq than it took Janet Reno to take the Branch Davidian compound. That was a 51 day operation.

  We've been looking for evidence of chemical weapons in Iraq for less time than it took Hillary Clinton to find the Rose Law Firm billing records.

  It took less time for the 3rd Infantry Division and the Marines to destroy the Medina Republican Guard than it took Teddy Kennedy to call the police after his Oldsmobile sank at Chappaquiddick.

  It took less time to take Iraq than it took to count the votes in Florida!!!!
• 
  91

  How to Be a Republican - A Primer

  by Michael3000 in

  1. social
  2. current

  enjoy .

  1. being a drug addict is a moral failing and a crime, unless you're a conservative radio host.

  then it's an illness and you need our prayers for your recovery.. .

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  Richie

  DEMOCRAT MEMO to "Journalists":

  Make sure to report only BAD news, to make viewers and readers think we're in a quagmire.

  Make sure to report, infer, and imply that the "insurrection" is throughout Iraq, and not localized to a small area of a vast country.

  Make sure to report a handful of Iraqi citizen human interest stories about how they've suffered under the "occupation," to create the impression that the entire population resents us and wants to return to Saddam.

  Make sure to use the words "invasion" and "occupation" - never "liberation."

  Make sure to report US military mistakes, missteps, and the conflicting analyses that inevitably happens on the battlefield - but never successes.

  Always refer to Coalition presence there as "The US," "us," "we," and "our" - and ignore the thirty-some other countries involved in the effort.

  Make sure to spotlight the relatively few returning dead or wounded soldiers and ignore the thousands who returned safely, alive and confident in the work being done there.

  Further, ask those who are family survivors to their faces: "How do you feel about losing your loved one?" and "How do you feel about the Iraq War."

  Focus always on yellow ribbons, funerals and the gloom-induced malaise necessary to pressure for withdrawal.

  Always report on the tired old "Rent-A-Mob" protests numbering in the handfuls, as conclusive proof most Americans don't support the war.

  Remember, your job as Journalists is to advocate and spin a point of view at all times harmful to George W. Bush and US interests, never to report the FACTS.
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  27

  kerry sucks

  by kilroy2 in

  1. social
  2. current

  well lets look at the other side.

  kerry said he voted for the war just before he voted against it, and acted like this was a smart statment.

  huh

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  Richie

  This news is from yesterday - further goods news for the American economy (which you hardly hear in the leftist media, or not at all):

  US manufacturing continues at a breakneck pace- booming along at a pace not seen in thirty years.

  June 1 (Bloomberg) -- A gauge of U.S. manufacturing unexpectedly rose last month to the highest in almost two decades as increased demand prompted more factories to hire than at any time in 31 years, an industry report showed.
  

  The Institute for Supply Management's factory index for May rose to 62.8 from 62.4 for April. A reading greater than 50 signals expansion. The index reached 63.6 in January, the highest since December 1983. Construction spending rose in April for a third month, the Commerce Department reported separately.

  For you Democrats out there, this means that US manufacturing is doing better than any time under the Clinton Administration; for you GOPers out there, this is indicative of things going better than they did under Ronaldus Magnus. As usual, we here place the "full blame for this on President Bush's tax cuts".

  Richie :*)
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  42

  Great News, Employment Up

  by Yerusalyim in

  1. social
  2. current

  that lagging indicator of employment is silencing the "jobless recovery" critics, in the last two months (march and april) 600,000+ new jobs created, and the january and febraury figures are up.

  are you still working?

  newly employed?

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  Richie

  CBS MarketWatch Rips Media for Falsely
  ?Dreary? Economic Picture

  Hours before NBC Nightly News anchor Tom Brokaw on Tuesday evening managed to cast a booming real estate numbers in a negative light, CBS Marketwatch.com posted a column by Chris Pummer castigating the media for excessive negativity on the economy. ?To hear Big Media tell it,? Pummer contended, ?the U.S. economy is in a fragile state of 'recovery? that threatens to be undermined at any moment, by rising interest rates, by soaring gas prices, by another terrorist attack.?

  ?In fact,? Pummer maintained, ?the economy has been in a state of rip-roaring 'expansion? -- the strongest in 20 years -- yet the media persists in painting a dreary picture.?

  Indeed, here?s how Brokaw plugged an upcoming story on Tuesday evening?s NBC Nightly News: ?Still ahead tonight: NBC News 'In Depth.' Housing prices going through the roof. It's a seller's market, but who can afford to buy??

  Recent CyberAlert items documenting how the networks emphasize the negative on the economy:

  -- May 28. On Monday night, the NBC Nightly News found the time to falsely claim gas prices hit a new ?record? price and for reporter Anne Thompson to focus a full story on the ?ripple effects of two dollar gas,? including a Meals on Wheels official in Spokane who offered a dire warning that since volunteer drivers can?t afford gas, ?my fear is that seniors will go hungry.? Thompson maintained that is ?a growing problem for Meals on Wheels programs nationwide.? But on Thursday night, after the Commerce Department revised upward the first quarter GDP growth number to 4.4 percent, from 4.2 percent, the NBC Nightly News didn?t utter a syllable about the good news. ABC and CBS noted the GDP jump, but gave it short-shrift compared to Monday?s gas price coverage.

  -- After Friday's government announcement that 288,000 more jobs were created in April, reducing the unemployment rate by a point to 5.6 percent as job creation numbers for February and March were revised upward, Richard J. DeKaser, chief economist at the National City Corporation in Cleveland, told the New York Times: "You'd be hard-pressed to find a dark lining in this cloud." But ABC News managed to as anchor Peter Jennings asserted: "When you look at the kind of work people are getting, however, the news is a little less encouraging." ABC's downbeat story focused on service sector jobs and those who are "underemployed."
  
  -- April 30. Good news, but. NBC?s Tom Brokaw on Thursday night highlighted how ?the government reported today that GDP grew at an annual rate of 4.2 percent in the first quarter of this year,? but he then added an ominous ?but? as he warned, ?but there are also growing fears tonight that the good news may have a dark side.? That dark side, as outlined in a full story by Anne Thompson: potential interest rate hikes and inflation -- as illustrated by the price of nails.

  -- April 22. Dour ABC. CBS?s Anthony Mason on Wednesday night relayed how Federal Reserve Board Chairman Alan Greenspan told a congressional committee that ?the economy is vigorous and robust? and NBC?s Tom Brokaw reported how Greenspan maintained ?the economic recovery now has good momentum and that employers will have no choice but to hire more workers soon.? But ABC anchor Charles Gibson led his short item on a downbeat note: ?At a congressional hearing today, a caution about interest rates.?

  -- April 5. The Labor Department made up phoney unemployment numbers to help the Bush campaign? NBC Nightly News anchor Brian Williams gave credence to such a theory on Friday night as he introduced a story, on how 300,000 jobs were created in March, by reporting that ?today?s announcement was such a badly needed shot in the arm for the Bush administration -- and was such good news -- some thought the numbers were too good to be true.? And ABC couldn?t let the good news go unchallenged for long. The next night, ABC looked at an accountant forced to drive a cab.

  Now an excerpt from Pummer?s June 1 posting, ?It's the expansion, stupid; Commentary: Media miscasts economy's state,? on the site of MarketWatch, a San Francisco-based public company which is not part of CBS or CBS News. CBS, however, owns about 25 percent of MarketWatch.com and so MarketWatch.com ties itself to CBS, by calling itself CBS MarketWatch, in order to raise its profile. As part of their business relationship, MarketWatch.com provides business news for CBS News programs.

  Romenesko (www.poynter.org) on Tuesday?s highlighted Pummer?s piece.

  The excerpt from the column by Chris Pummer, Assistant Managing Editor of CBS MarketWatch.com:

  ...."I don't know how much is agenda and how much is ignorance or just lemming-type journalism," said Comerica Bank Chief Economist David Littmann, who's tracked the economy for 40 years. "We're in a mini-boom, and to characterize it as a recovery is to diminish it."

  This isn't nitpicking, mind you. The media is a powerful influence on how we view ourselves, and refusing to come around to substituting one word for another is depressing the national mood.

  Think about it: An expansion implies strength and virility, while recovery suggests lingering weakness -- the stroke victim in therapy for paralysis, or the reformed alcoholic still at risk of falling off the wagon.

  Contrary to what conservatives might suspect, the media's dim view isn't due to a liberal conspiracy to derail President Bush's reelection. The personal politics of journalists overall may be a few degrees left of center, but business journalists on the whole are fairly centrist. I consider myself a compassionate moderate.

  No, the driving force here is altogether different. Namely, as a sage editor of mine used to say, "Don't blame on malice what can best be attributed to incompetence."...

  The National Bureau of Economic Research since has emerged as the brain trust the media now relies on for calling recessions. Yet the NBER doesn't even use the word "recovery." By its terminology, an expansion begins once a recession ends, and it says we've been in one since November 2001.

  If that's not sufficient proof, try these measures on for size:

  * The nation's GDP grew 4.4 percent in the first quarter of 2004, capping its biggest 12-month gain since 1984. By most forecasts, GDP this year is expected to grow 4.7 percent -- the best calendar-year performance in two decades, surpassing even our longed-for 1999.

  * The economy has created more than 1.1 million jobs since last August, with unemployment falling to 5.6 percent in April. That rate was lower, by a hair, in only two of 22 years from 1974-to-1995 -- 5.5 percent in 1988 and 5.3 percent in 1989.

  * Home ownership reached a record-high 68.6 percent in first quarter of this year -- up nearly 5 percentage points in the last decade

  Yet the major media clings to the word "recovery" like a malpractice-fearing doctor too afraid to offer an optimistic prognosis to family members. For instance:

  * A May 19 Wall Street Journal story on a speech by Philadelphia Federal Reserve Bank President Anthony Santomero said he expects inflation to remain contained during "the U.S. economic recovery." (The Journal's words)

  * A May 15 New York Times story on Money magazine naming a new editor said: "By this time in the recovery, most people can at least bear to open their 401(k) statements..."

  * A May 18 Reuters story carried on NYT.com, the Times' Web site, said: "Mortgage rates dipped to near 40-year lows in the first few months of 2004, but have risen in recent weeks as signs of the U.S. economic recovery have solidified..." ...

  When I alerted my boss to his use of the word "recovery" in a TV interview about rising oil prices, and its use by one of our columnists, he said: "You wouldn't call it an expansion if you were one of the people still unemployed."

  Therein lies the root of the error.

  Those who think we're still in a recovery apparently won't change their view until we return to the record-low 3.8 percent unemployment we enjoyed for a fleeting moment in 2000 during the most prosperous economy in history.

  That's like not recognizing a bull market until the Nasdaq surpasses 5,000 again. I'd bet my retirement savings no one alive in the U.S. today will ever see sub-4 percent joblessness again, and here's why.

  For decades, economists considered 4.5 percent "full employment," so the U.S. entered a labor-market utopia when we dropped far below that. But 3.8 percent didn't reflect real production needs. It reflected a gross overcapacity of human resources, as employers with delirious growth expectations rushed to net the little talent left in a labor pool then shallower than a sidewalk puddle after a light summer rain....

  END of Excerpt
• 
  27

  kerry sucks

  by kilroy2 in

  1. social
  2. current

  well lets look at the other side.

  kerry said he voted for the war just before he voted against it, and acted like this was a smart statment.

  huh

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  Richie

  Confused June 3, 2004 This week the confused John Kerry took his confused campaign to the headquarters of Democrat voter confusion last election: Palm Beach. Kerry's been to Florida 17 times already. What he's hoping to hoping to do is prevent Democrats from mistaking him for Pat Buchanan in November. The confused Kerry, speaking to his confused base, confused his stance on national security again. He accused President Bush of not doing enough to prevent nuclear terrorism. (laughing) This on the same day the Supreme Court was examining the case against Al-Qaeda operative Jose Padilla -- whose attempt to set off a ?dirty bomb? in America was prevented by the Bush administration. Kerry also said he would ?secure? all bomb-making materials. He said he would ensure that no new materials are produced for nuclear weapons. How? He never said. Kerry then claimed he would ?end nuclear weapons programs in hostile states like North Korea and Iran.? What's he going to do, use the?bribe-and-BS approach that Clinton and Carter used with North Korea -- in which we paid for their nukes? Or, will he use pre-emptive action, as Bush did with Iraq, which Kerry is for and against? Or, will he get Iranians in a room and say [Doing John Kerry impression] ?I?m Jooohn Kerry, Vietnam vet, stooop making nukes." Kerry calls his confused approach a ?layered? strategy. Maybe he ripped it off from his hair stylist. I don?t know. I don't know if Confucius ever said, ?Drop the loser,? but you confused Democrats oughta pretend he did and get rid of this embarrassment while you can! We're hoping you don't, but somebody's got to help you. (article by R. Limbaugh)
• 
  27

  kerry sucks

  by kilroy2 in

  1. social
  2. current

  well lets look at the other side.

  kerry said he voted for the war just before he voted against it, and acted like this was a smart statment.

  huh

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  Richie

  > Kerry "Flips Off" Vet at Vietnam Wall, in Front of Kids! II Vet Vote Eludes Dud > Kerry's 50¢ Gas Tax: He Wanted You Paying Today's Prices for the Past 10 Years > TV May Not Cover Dem Convention if Kerry Pulls No-Nomination Nomination Trick > Kerry Mocks Bush for Bike Accidents Mere Weeks After Crashing Himself
  > Kerry Endangers Prez & Air Force One, Blames Speechwriters for Stealing Breck Girl Line > No Voters Describe Kerry as "Honest" in Pew Survey; Is #1 Word for Bush II [Full Report]
  > Kerry Abuse Stand Backlash II Kerry's Bad Timing -- Again II Kerry's All-White Inner Circle
  > Kerry Alone Fails to Show Up At Senate, Unemployment Extension Fails By One Vote
  > Kerry Stole Cookie Franchise Idea, Owned Up to It, Offered to Sell to Rightful Owner! > Kerry Knows WMD Existed II FLIP on Iraq II Condensed Kerry One II Two
  > Kerry Advocates Taxing the Rich More, But Chooses Lower Mass Tax Rate! Himself
  > Kerry: Terrorist Al-Sadr ''Legitimate Voice'' II Sandal Dissent Rattles Kerry > Fox: Kerry-Kennedy Ties Not Just Geographic
  > Boston Globe: Kerry Linked to Big Dig Corruption
  > CST: Bush Joins FDR, Reagan as Landmark Leader
  > CNS: Israel's Fence: "Legitimate" or "Barrier to Peace"? > Heinz Bankrolled Group Protesting Bush 9/11 Ads
  > Rolling Stone: John F. Kerry's Desperate Hours > Kerry Didn't Speak Out When W Broke Iraq "Promises"
  > NRO: Mr. Both Ways II Dukakis-Kerry 1982
  > Kerry: Terror Threat Exaggerated II Kerry the Candidate
  > Washington Post: Steak Raises Stakes for Kerry in Philly
  > MH: Kerry's Differing Cuba/Castro Stances Open to Attack
  > Pacepa: Kerry's Soviet Rhetoric II What Gay Weddings?
  > Matthew Continetti: The Many Faces of John Kerry
  > Boston Globe: "Benedict Arnolds" Aided Kerry Coffers
  > TCS: Exporting, Lou Dobbs and John Kerry
  > Cheney Speech Nails Kerry II TAS: Pray to Play
  > TAS: John Lennon Kerry II Kerry, W's Advisor On Iraq
  > VMS: Kim Jong Ill - An Endorsement Kerry Didn't Want
  > John Kerry Calls Secret Service Agent SOB on Ski Slopes
  > Islamo-Fascist Anti-Semite Foreign Leader Endorses John Kerry for Presdient of the United States
  > York: The Unbearable Lightness of Kerry?s Allegations II UKI: World Libs for Kerry II TNR: Flip Side
  > Non-Ideological Group National Journal Ranks John F-ing Kerry the "Most Liberal" Senator
  > Transcript of Kerry's Too-Boring-to-Air Appearance on Meet the Press with Tim Russert
  > Kerry Misnames UN Special Envoy to Iraq for Two Days, Given Pass By Partisan Media
  > UPenn-Affiliate: Kerry "Misery Index" Selective, Smears W II Kerry Fund-Raiser: Shoot Rummy
  > Kerry: Arafat a "Statesman," "Role Model" II LA Times: Kerry's "Tax the Rich" Won't Create Jobs
  > Kerry the Night of 9/11 to Larry King: We Didn't Do the ''Hard Work of Responding'' to Terrorism

  Kerry sucks? Sure he does, in a major way!!

  Richie :*)
• 
  42

  Great News, Employment Up

  by Yerusalyim in

  1. social
  2. current

  that lagging indicator of employment is silencing the "jobless recovery" critics, in the last two months (march and april) 600,000+ new jobs created, and the january and febraury figures are up.

  are you still working?

  newly employed?

  1. 
  2. 
  3. 
• 

  Richie

  http://www.nationalreview.com/kudlow/kudlow200406021034.asp

  Up in Smoke Stacks
  The old economy is on fire.
  
  T he much-maligned factory sector is booming. Not rising. Not improving. Booming.

  According to just-released data from the Institute of Supply Management, which tracks the manufacturing sector, new orders, production, order backlogs, export orders, and employment were very strong in May. The industrial sector is so strong that the speed of supplier deliveries has hit its highest level since April 1979. This means that firms cannot produce fast enough to meet rising demand, which is why commodity prices continue to climb. As a result, capacity use keeps growing and inventories are still too low in relation to skyrocketing sales.
  
  Meanwhile, new factory hiring has jumped to a 31-year high, the best since 1973. Of more than 400 industrial firms surveyed, 36 percent added workers in May while just 7 percent had fewer workers. This is another nail in the coffin of the jobless recovery. As the inventory-rebuilding process ratchets up over the next year, expect even more job creation to follow.

  Election-year battleground states in the Midwest industrial heartland are reporting significantly lower unemployment rates compared to one year ago, according to the U.S. Bureau of Labor Statistics. In April, Michigan registered a 6 percent jobless rate compared to 7.2 percent in April 2003. Ohio?s jobless rate fell to 5.8 percent from 6.2 percent. Pennsylvania?s dropped to 4.9 percent from 5.4 percent. West Virginia reported 5.4 percent from 6.6 percent a year earlier. Missouri?s jobless tally dropped to 4.5 percent from 5.5 percent.

  In view of the political significance of these states, it?s surprising that administration officials are not loudly commenting on the remarkable ISM manufacturing report, including its sensitive jobs component. Did anyone say outsourcing? Did anyone say ?hollowed out?? The naysaying is nonsense. The ISM numbers are consistent with 7.3 percent breakneck growth of gross domestic product.

  Rapid productivity gains in manufacturing ? 5.3 percent over the past year ? have enabled this sector to produce more with fewer workers. But while the manufacturing share of employment has declined over the past decade, the manufacturing share of GDP has risen.

  With the economies of China, India, Japan, and the U.S. booming, the so-called ?old? manufacturing sector will be a major contributor to American economic growth. So will the sector that produces basic materials.

  Meanwhile, the energy-price boom is completely a function of surging world growth ? not deliberate supply shortages such as occurred in the 1970s. Today?s fuel-price story is not an economic negative. Jobs and incomes are rising along with energy prices. Personal income has increased by an outsized 5.7 percent over the past year, while 1.1 million new payroll jobs have been created since last August. Higher profits are already attracting new investment that will increase energy production ? especially if government policies keep out of the way. Attracted by big international profits, the Saudis, Russians, and others are rapidly expanding production.

  In the U.S., low tax-rate and monetary-reflation policies have been the key stimulants to the boom. These pro-growth policy levers are not changing anytime soon. Neither will the booms in Asia.

  Economists who today predict a second-half slowdown because of high oil prices and reduced tax refunds are out of their minds. Tax-rate incentives, not tax-refund cash flows, have created large pro-growth rewards to those who supply investment funding to the industrial sector (along with all the other sectors). It?s this funding that results in job creation.

  As for money-creation and liquidity, there is good evidence (e.g., the steeply upward-sloping Treasury yield curve) of monetary abundance in the economy. A few quarter-point hikes in the Federal Reserve?s basic policy rate won?t change this.

  Is there an inflation threat to the old-economy boom? Yes, but it?s mild. If the Fed doesn?t remove some of the emergency liquidity they created since late 2002, industrial price increases from production shortfalls in relation to rising demand will be monetized into a generalized inflation. The Fed must act to prevent this. They should remove emergency liquidity that is no longer needed by the booming economy.

  That said, tax cuts, record productivity, and the growth inherent to the sparkling recovery of America?s smoke stack industries are significant economic developments that are intrinsically counter-inflationary. The headline story is that global competition and technological innovation are creating the biggest old-economy revival in twenty years.

  There is no need to fear foreign trade. Nor is there need to worry about outsourcing jobs ? there are no Benedict Arnold corporations out there. There is also no need for protectionist penalties. Nor is there a place for big tax hikes on investment.

  The economic patient is recovering beautifully. Senator John Kerry?s European-style witches-brew policy elixir of trade protectionism and tax hikes would be exactly the wrong shot in the economy?s arm. If it ain?t broke Sen. Kerry, don?t try and fix it.

  ? Larry Kudlow, NRO's Economics Editor, is CEO of Kudlow & Co. and host with Jim Cramer of CNBC's Kudlow & Cramer.