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Norm, Saxby and Arlen

Wednesday, November 26, 2008  |  posted by Hugh Hewitt

Norm Coleman’s lead in Minnesota is at 231 votes with 82% of the recount complete.

There are less than 4,000 challenged ballots to be reviewed by the five member State Canvassing Board, so a very clear picture of the final result should be available soon, just in time for the Georgia runoff next week. Saxby Chambliss appears on today’s program, and the Chuck Schumer-led Senate Dems are pouring cash into Georgia to try and get closer to 60. Please consider one last gift of $25, $50 or $100 to, and make sure you call every Republican you know in Georgia and urge them to vote today (the last day for early voting).

Powerline’s Scott Johnson runs through various Minnesota recount developments here.

Campaign 2010 will get off to a quick start, and nowhere more quickly than in Pennsylvania, where Arlen Specter will run again. I supported him in 2004 and will be doing so enthusiastically again in 2010, and hope that Club for Growth’s talented Pat Toomey doesn’t run against Specter but instead for the Statehouse. The Los Angeles Times provides an early look at this race and the possible candidacy of MSNBC’s likeable liberal Chris Matthews.

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Advent on the iPhone

Tuesday, November 25, 2008  |  posted by Hugh Hewitt
Usually provides me with my Advent blogging fix. Now he’s got company, courtesy of my pal at

Advent08, designed exclusively for the Apple? iPhone and iPod? Touch, is a daily devotional tool created to transform Advent, which begins Sunday, November 30, 2008, into an interactive journey of faith. The application beautifully blends daily scriptural passages and devotions with timeless religious artwork and traditional hymns, providing a portable yet highly meaningful user experience. The Advent08 application is currently available for $0.99 through the iTunes? Store, and can be located by searching keyword Advent08.
This link will open up iTunes and take you directly to the app, or you can search for Advent08.

10% of the proceeds goes to WorldVision, so it is a great way to carry Advent with you through the day.

E.J.’s Right

Tuesday, November 25, 2008  |  posted by Hugh Hewitt

You gotta say so when he is so.

The economics side of Team Obama is impressive, and the GOP should be worried that the president-elect intends to talk left and govern right.

They should be really, really worried if the senior members of the team start appearing on new media, confident of their views and eager to engage. (No sign of that to date.)

The GOP is convinced the Dems will overreach, and it will probably come in the area of cap-and-trade, card-check, plaintiffs’ bar gifts etc, crippling the economic growth that the incoming free-marketeers endorse. Watch for the first clash of the punish-the-rich lefties and the folks who actually know how the markets work.

UPDATE: Larry Kudlow agrees. (HT:

Restarting the Housing Market

Tuesday, November 25, 2008  |  posted by Hugh Hewitt

This is very good news:

In addition to consumer spending, the Fed announced it would buy up to $100 billion in mortgages held by Fannie Mae, Freddie Mac and the Federal Home Loan Bank in an effort increase the flow of money into the housing markets and lower interest rates. The Fed may also buy another $500 billion in bundles of mortgage backed securities issued by the agencies.

The aim of the program is to “reduce the cost and increase the availability of credit for the purchase of houses, which in turn should support housing markets and foster improved conditions in financial markets more generally.”

The collapse of housing triggered the recession, and the lack of mortgage financing has deepened it. Jump starting the home mortgage market is a common sense approach to stimulus.

Brian Wesbury, chief economist of First Trust, has argued on my program in the past two weeks that equities are a great buy right now, and that real estate had reached its correct value. With some mortgage rate relief, housing could recover quickly.

We are a year or so away from the ability to judge the response of the government to the panic of ’08, but the huge injection of liquidity seems likely to prove itself as the right response to unique, panic-driven conditions. If this does turn out to be the right antidote to a rare but recurring illness, conservatives should not hesitate to say so and then build a primer on when and where it ought to be deployed so as to protect against its overuse in the future.

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