Tag: Obama

An economy built to stall

8:48 pm

“An economy built to stall.”

In his first two years in office, Democrats gave Mr. Obama everything he wanted, save for cap and trade and union card-check, which would have done even more harm to job creation. They passed stimulus, ObamaCare, multiple housing bailouts, Dodd-Frank and more.

Even after Republicans took the House, they gave Mr. Obama the payroll tax holiday he demanded first for 2011 and again for 2012. Far from some new fiscal “austerity,” overall federal spending hasn’t declined. Meanwhile, the Federal Reserve has delivered monetary stimulus after stimulus—QE I, QE II, Operation Twist, and 42 months of near-zero interest rates with the promise of 30 months more.

Mr. Obama has had the freest run of policy of any President since LBJ. So maybe the problem is the policies.

Maybe Milton Friedman was right that “temporary, targeted” tax cuts don’t change the incentives to invest or hire because people aren’t stupid. Maybe each $1 of new federal spending doesn’t produce a “multiplier” of 1.5 times that in added output. Maybe the historic burst of regulation of the last three years has harmed business confidence and job creation. And maybe the uncertainty that comes from helter-skelter fiscal and monetary policy has dampened the animal spirits needed for a durable expansion.

As I said yesterday, though no president or Congress is entirely to blame for the state of the economy, they both can do great harm if they make decisions that interfere with the freedom of the market. And sadly, having the government interfere with the freedom of the market has been Obama’s mantra since the day he took office.

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Ninety-five federal workers have racked up $750,000 in travel expenses, while working at home.

6:28 pm

The wolves guarding the chicken house: Ninety-five federal workers have racked up $750,000 in travel expenses, while working at home.

Of 95 work-at-home employees, 12 are supervisors who received reimbursements of more than $200,000 for travel-related expenses in 2010 and 2011, the documents provided to congressional committees show. A majority of the 95 are listed at the GS-14 and GS-15-level.

By the way, this happened in the General Services Administration, the same agency that ran a four day conference in Las Vegas costing almost a million dollars.

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Florida has decided to continue to purge its election rolls of illegal and ineligible voters, in defiance of the Obama administration’s demand that it stop.

3:18 pm

Florida has decided to continue to purge its election rolls of illegal and ineligible voters, in defiance of the Obama administration’s demand that it stop.

The state is enforcing the law, as written on the books. Yet Eric Holder’s Justice Department somehow thinks that this is illegal. Maybe someone should teach Holder and his attorneys how to read.

In related news, Holder’s Justice Department is suing a Las Vegas casino because the casino followed the law in verifying that all its employees were legal residents of the United States.

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Not good: The Labor Department announced today that the U.S. economy only added 69 thousand jobs in May, the fewest in a year.

10:39 am

Not good: The Labor Department announced today that the U.S. economy only added 69,000 jobs in May, the fewest in a year.

The unemployment rate went up slightly as well, Labor also adjusted downward the number of jobs created in the past two months to terribly comparable numbers.

While no president is ever entirely responsible for the state of the economy, Barack Obama’s policies have certainly done significant harm. High regulation, Obamacare, and a clear hostility to private enterprise in all fields except space exploration has helped produce what appears to be the longest period with a floundering economy in my lifetime.

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One entrepreneur and investor asks: Why isn’t Jon Corzine being prosecuted?

8:49 am

One entrepreneur and investor asks: Why isn’t Jon Corzine being prosecuted?

Jon Corzine stole from his customers. Until Corzine is put on trial in a court of law, no one will be able to get to the truth. He is being protected by the party in charge. The political waters are so virulent that they don’t want to see him tried. The event happened last October. Surely there is enough information available to convene a grand jury and begin indicting people. The public is being played. We are schmucks. [emphasis mine]

The party in charge is the Democrat Party. The man in charge of that party is Barack Obama. The voters should take note.

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“[Christians and Jews] are inferior and smaller, more cowardly and despised.”

6:52 pm

From the Palestinian Authority: “[Christians and Jews] are inferior and smaller, more cowardly and despised.”

Two points: 1. This was read on the PA’s official television network by a a young girl as part of a children’s show. 2. Our federal government, under the Obama administration, has sent the PA hundreds of millions of dollars to fund this kind of bigotry and hate.

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“If the quality of the Administration’s economic analysis hadn’t already proven to be nearly worthless the discrepancy here would be stunning.”

9:22 am

“If the quality of the Administration’s economic analysis hadn’t already proven to be nearly worthless the discrepancy here would be stunning.”

The discrepancy refers to a claim made by the Obama administration about one benefit of Obamacare, compared to the reality of what has actually happened.

It is time to repeal this disaster of a law. We should also fire the politicians who foisted it on us.

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Forty-three Catholic institutions today filed suit over the Obamacare mandate requiring them to pay for contraceptives.

9:12 am

We’ve only just begun: Forty-three Catholic institutions today filed suit over the Obamacare mandate requiring them to pay for contraceptives.

As stated in the complaint filed by the University of Notre Dame:

This lawsuit is about one of America’s most cherished freedoms: the freedom to practice one’s religion without government interference. It is not about whether people have a right to abortion-inducing drugs, sterilization, and contraception. Those services are, and will continue to be, freely available in the United States, and nothing prevents the Government itself from making them more widely available. But the right to such services does not authorize the Government to force the University of Notre Dame (“Notre Dame”) to violate its own conscience by making it provide, pay for, and/or facilitate those services to others, contrary to its sincerely held religious beliefs.

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The Democrats and the President publicly target a private citizen, merely for supporting Romney.

9:07 am

Building that enemies list: The Democrats and the President publicly target private citizens, merely for supporting Romney.

Three weeks ago, an Obama campaign website, “Keeping GOP Honest,” took the extraordinary step of publicly naming and assailing eight private citizens backing Mr. Romney. Titled “Behind the curtain: a brief history of Romney’s donors,” the post accused the eight of being “wealthy individuals with less-than-reputable records.”

One of those eight, CEO Frank VanderSloot of Melaleuca Inc., was described by the Obama campaign

as being “litigious, combative and a bitter foe of the gay rights movement.” About a week after that post, a man named Michael Wolf contacted the Bonneville County Courthouse in Idaho Falls in search of court records regarding Mr. VanderSloot. Specifically, Mr. Wolf wanted all the documents dealing with Mr. VanderSloot’s divorces, as well as a case involving a dispute with a former Melaleuca employee.

And it appears that Michael Wolf has ties to the Democratic Party and the Obama campaign.

Ah, civility! (as defined by Obama and the left.)

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Muslims are exempt from Obamacare’s insurance mandate.

8:30 am

Finding out what’s in it: Muslims are exempt from Obamacare’s insurance mandate.

ObamaCare uses the Social Security language of the Internal Revenue Code to determine who is eligible for “religious conscience” objection to the insurance mandate. Specifically, the law provides exemptions for adherents of “recognized religious sects” that are “conscientiously opposed” to accepting benefits from any insurance, public or private.

As a consequence of this provision, Muslims may claim a religious exemption that is denied Christians and Jews. Since Islam believes insurance is haraam (forbidden) and likens insurance to gambling, the religion is excluded from requirements, mandates, or penalties set forth in the bill. Others who fall into this category are the Amish, American Indians, and Christian Scientists. Although the U.S. Constitution grants all Americans equal protection of the law, some Americans are more equal than others.

Not only must this catastrophe of a law be repealed, we voters have got to remove as many as possible of the incompetent elected officials who wrote and voted for it.

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An Indian tribe has sued and three researchers have countersued over possession of two 10,000-year-old skeletons unearthed during construction in San Diego.

8:15 am

Fighting over bones: An Indian tribe has sued and three researchers have counter-sued over possession of two 10,000-year-old skeletons unearthed during construction in San Diego.

Not surprisingly, the problem here stems from a poorly written federal law amended by a bureaucratic rule in 2010 that gives any Indian tribe control over any ancient human bones found in the U.S., even if those bones come from a human that lived long before the tribe even existed.

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