Tag: Obama

Federal judge lowers the boom on the Obama administration on drilling permits

11:12 am

The law is for everyone: A federal judge has lowered the boom on the Obama administration over its refusal to issue permits for drilling oil in the Gulf of Mexico. Key quote:

In issuing the directive to the government, Feldman, who sits on the District Court for the Eastern District of Louisian, noted that “it is undisputed that before the Deepwater Horizon disaster, permits were processed, on average, in two weeks’ time. In stark contrast, the five permits at issue have been pending from four to some nine months.”

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White House Ignores Interest Payments in Claiming to Control Debt

6:00 pm

This is beyond belief: The White House has decided to make believe the interest payments required to pay back the federal debt do not exist in their claim that their budget is reducing that debt. Key quote from Senate hearings yesterday:

To justify the administration claim, [White House Budget Director Jack] Lew said the administration was merely referring to “primary balance” — or federal spending minus interest payments. Lew sought to forgive the public for their confusion. “The terminology that we use in Washington of primary balance is a little confusing,” Lew said.

“It’s because I believe it’s dishonest,” [Senator John] Ensign (R-Nevada) shot back.

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A retraction

11:02 am

Concerning Obama’s proposals for NASA’s 2012 budget, a closer look by me since yesterday has caused me to reconsider my earlier post. I think I spoke too soon, before I had time to review the Obama budget proposal entirely.

Though the Obama administration has pulled back somewhat from its initial 2011 budget proposals for commercial space, it does appear that they are not abandoning that effort as I had thought at first. Their 2012 proposal ($850 million per year) is still significantly higher than what Congress had authorized ($500 million), which suggests a willingness to fight for this program.

As for the program-formerly-called-Constellation, however, it does appear that this pork program is going forward. Instead of trying to cancel it like last year, the administration now appears to have become resigned to its existence, and this year includes significant funds for its construction.

Regardless, considering the insane state of the federal deficit, it seems to me both unrealistic and foolish to fund either of these programs at this time. Pork politics unfortunately will probably help keep alive the funding for the program-formerly-called-Constellation, while the lack of a powerful constituency for commercial space leaves these subsidizes very vulnerable to Congressional trimming.

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In his new budget, Obama kicks the can one more time

11:36 pm

Another critical look at Obama’s budget proposal, this time from liberal Dana Milbank at the Washington Post! Key quote:

Obama’s budget proposal is a remarkably weak and timid document. He proposes to cut only $1.1 trillion from federal deficits over the next decade – a pittance when you consider that the deficit this year alone is in the neighborhood of $1.5 trillion. The president makes no serious attempt at cutting entitlement programs that threaten to drive the government into insolvency.

And here’s another: “Steep cuts?” Even the left Is starting to notice.

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A clarification of the Obama NASA manned space budget

4:07 pm

To avoid confusion, I want to clarify why I consider Obama’s commercial space budget proposal today to be a decrease, not an increase, from past budget proposals. The history of this budget goes like this:

  • In February 2010 Obama proposed to spend $1 billion per year on new commercial space.
  • Congress responded by reducing that budget to $312 million for 2011 and $500 million per year thereafter.
  • The new Obama budget for 2012 proposes to spend $850 million per year for commercial space, more than presently authorized by Congress but less than proposed by Obama only last year.

It is almost certain that Congress will trim these numbers. Meanwhile, the amount of money to the program-formerly-called-Constellation goes up.

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A victory for aerospace pork

1:52 pm

Update: See my partial retraction here.

The NASA budget announced today by the White House proves how right I was when I stated back on July 8, 2010 that I had no faith in Obama’s new-found commitment to private commercial space. The new budget reduces the funds for private commercial space while putting the bulk of its support behind the unbuildable program-formerly-called Constellation. First read what I wrote in July:

The problem is that I simply do not believe the Obama administration. Everything I have learned about the current President, including the specifics (or lack thereof) of his proposal, tells me that none of his promises are going to be fulfilled. » Read more

Bernanke to Congress: We’re Much Closer to Total Destruction Than You Think

6:51 pm

Bernanke to Congress: We’re much closer to total destruction than you think. Key quote:

One way or the other, fiscal adjustments sufficient to stabilize the federal budget must occur at some point. The question is whether these adjustments will take place through a careful and deliberative process that weighs priorities and gives people adequate time to adjust to changes in government programs or tax policies, or whether the needed fiscal adjustments will come as a rapid and painful response to a looming or actual fiscal crisis.

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Obama to call for $53 billion in spending for high-speed rail

3:34 pm

Obama calls for $53 billion in spending to build more high-speed railroads. Key quote:

An initial $8 billion in spending will be part of the budget plan Obama is set to release Monday. If Congress approves the plan, the money would go toward developing or improving trains that travel up to 250 miles per hour, and connecting existing rail lines to new projects. The White House wouldn’t say where the money for the rest of the program would come from, though it’s likely Obama would seek funding in future budgets or transportation bills.

I hope that the reason the White House couldn’t say where the money would come from is because it simply does not exist, and there is little chance that Congress will appropriate it.

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Judge holds Interior Department in contempt over offshore oil drilling moratorium

11:57 pm

A Louisiana judge has held the Interior Department in contempt over its offshore oil drilling moratorium. Key quote:

After [the judge] overturned the government’s moratorium in June, the agency issued a second nearly identical suspension. “Such dismissive conduct, viewed in tandem with the re-imposition of a second blanket and substantively identical moratorium and in light of the national importance of this case, provide this court with clear and convincing evidence of the government’s contempt of this court’s preliminary injunction order.”

The Obama administration might not realize it — as well as many politicians from both parties in DC — we are a nation of laws, not men. It thumb your nose at the law it will eventually come back to bite you. Especially if the citizenry becomes outraged at your arrogance.

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Florida Judge Rules Against Health Law.

3:38 pm

Big news! A Florida judge today has ruled the entire Obamacare law is unconstitutional. Key quote:

In his ruling, Judge Roger Vinson, a Republican appointee, said that the law’s requirement to carry insurance or pay a fee “is outside Congress’ Commerce Clause power, and it cannot be otherwise authorized by an assertion of power under the Necessary and Proper Clause. It is not constitutional.” The ruling also said that the entire law “must be declared void,” because the mandate to carry insurance is “not severable” from the rest of the law. [emphasis mine]

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US judge to rule on Obamacare today

11:47 am

Repeal it already! Another US judge is expected to rule on Obamacare today. Key quote:

The judge, Roger Vinson of the U.S. District Court in Pensacola, Florida, was expected to rule on a lawsuit brought by governors and attorneys general from 26 U.S. states, almost all of whom are Republicans. Obama is a Democrat. The plaintiffs represent more than half the U.S. states, so the Pensacola case has more prominence than some two dozen lawsuits filed in federal courts over the healthcare law.

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Congressional Budget office says Social Security Now Officially Broke

6:51 pm

And you still think NASA (or any other federal program) is going to get a lot of money? The Congressional Budget office (CBO) admitted today that Social Security is now officially broke. Key quote:

The CBO’s revenue/expenditure estimates now place the program in permanent deficit. There had been some hope that payroll taxes would recover sufficiently post-recession to put the program back into the black (the theoretical black) for at least a few more years, putting off the day of reckoning for an election cycle or more. No more: The new CBO estimates put Social Security in the red for as far as the eye can see. [emphasis mine]

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