Brian Wesbury has another piece at The Daily Caller entitled "The Hobbits Win!" Below are some excerpts. Click here to read the entire article.
The Hobbits Win!
By Brian S. Wesbury
The Wall Street Journal editorial page has taken sides with the establishment ... and Maureen Dowd. The WSJ editors are calling the newly elected conservative members of the House "Hobbits," the name for the diminutive human creatures from J.R.R. Tolkien's book The Lord of the Rings.
This is not a term of endearment. What the WSJ editors mean is that Tea Partiers live in a "fantasy world."...The WSJ editors say that these Hobbits will empower Nancy Pelosi. They deride the Tea Partiers for a "pointless crusade" of "futile fiscal gestures."
...this may seem like fun and games, but it really signals something more deeply interesting. It seems like our political process is trying to turn everyone into an establishment player. Even the WSJ editorial page, which was once a voice of true conservative change back in the 1980s and 1990s, has apparently slipped into this abyss.
After all, the founding fathers were Hobbits. They foresaw a new land, with new opportunity, free of the bondage of the past. Today's WSJ editors would probably tell them their crusade was pointless and would backfire. Their efforts would end up giving the king more power.
...in the end, [the Hobbits] won another impressive victory. The Reid-Boehner compromise bill has no tax hikes (a miracle), it trims spending growth over 10 years by about $2.5 trillion and it includes a promise of an up or down vote on a balanced-budget amendment.
Click here to continue reading the article at The Daily Caller.
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