Sneak Preview: 10 Proposals that you will find in the Obama “Jobs” Program
10. Extend unemployment benefits for another 12 months to the long-term unemployed. 9. Expand eligibility for food stamps to 2x the poverty rate for a family of 4. 8. Hire more government workers. 7. Create an infrastructure bank that can borrow money for the government without calling it part of the national debt. 6. Extend the Obama tax credits that are set to expire on | Read More »
Don’t count Ron Paul out
No, Ron Paul isn’t going to get the Republican nomination. And, no, I haven’t gotten crazy or turned into a paulbot. It’s just that those who think Ron Paul 2012 is Ron Paul 2008 aren’t in touch with reality either. After the events of this weekend, the Republican nomination contest has narrowed to three candidates: Mitt Romney, Michele Bachmann, and Rick Perry. One of these | Read More »
And then there were four–Republican Presidential candidates
The events of yesterday in Charleston and Ames have left Republican voters with a choice between four candidates–Michele Bachmann, Ron Paul, Rick Perry, and Mitt Romney (alphabetical order). While some might leave Ron Paul off this list, his strong 2nd place finish in Ames, as well as his ranking in the polls, means that he gets to soldier on through the first round of primary | Read More »
Obamacare is unconstitutional–duh.
The U. S. Court of Appeals for the 11th Circuit in Atlanta ruled today that the individual mandate, which is the heart of Obamacare, is unconstitutional. The 11th Circuit was hearing the appeal of the case brought by 26 states. The court did not, however, throw out the entire Affordable Care Act, choosing instead to severe the individual mandate from the rest of the law. | Read More »
Stick a fork in Michelle Bachmann, she’s done.
I like Michelle Bachmann. She’s smart. She’s right on the issues (mostly). She’s feisty. She’s well-informed. She stands her ground. She’s not going to be President. In fact, she’s not going to be the Republican nominee for President. The best she can hope for is the Vice Presidential nomination, but that is also highly unlikely. Her performance in the debate last night was terrible. First | Read More »
At the risk of sounding unpatriotic, why should veterans get job preferences?
The President has no sense of irony. One day he is excoriating Republicans for refusing to eliminate “spending through the tax code”, and the next he is proposing a new government program of “spending through the tax code”–because that indeed is what his proposal to give businesses a $2400/$4800 tax credit for hiring veterans, preferable unemployed veterans, is. Please explain to me how we are | Read More »
Republicans hold all the cards in the 2012 CR negotiations
Unemployment still above 9%. The stock market in the tank. Obama assailed by the media as weak, incompetent, and ineffective. And now, S & P downgrades U.S. credit rating from AAA to AA+, saying in part: ”The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize | Read More »
Preparing for the 2012 CR: 10 Ways to further reduce the deficit
While Congress takes it summer break, conservatives need to brainstorm and come to some agreement about what will be demanded in return for a 2012 CR. When Congress returns in September, there will be 4 short weeks before the current budget expires, with no hope that the Senate will pass a 2012 budget. Republicans need to exact a price for passing legislation that will keep | Read More »
Dick Durbin should have accepted Rand Paul’s offer.
On Saturday, Rand Paul asked for unanimous consent to add a balanced budget amendment to the Reid proposal to increase the debt limit. Paul informed Dick Durbin, the Republican whip, that he would guarantee 10 votes for the Reid bill, if the Democrats would only accept the BBA proposal. Durbin at first reacted in disbelief. Then he hesitated. Then he objected to the request for | Read More »
While the President plays Chicken Little, the Markets don’t seem to care about the debt ceiling deadlock
Despite President Obama’s effort to roil the markets first on Friday and again Monday night, the world markets refuse to be stampeded into a sell-off even in the face of Secretary Geitner’s threat of an imminent default on the U. S. debt. The Asian markets were slightly down on Monday but within a normal days trading. Shanghai Composite was down 3%, but primarily in reaction | Read More »