New York City business owners sick over ObamaCare

New York City business owners are sick over Obamacare.

Small to mid-size businesses, which generate close to 70 percent of US jobs, fear ObamaCare could bury them in colossal bills and future paperwork, and are now paying the price as premiums have soared in anticipation of the new regulation. “ObamaCare has been very negative for our business,” Moishe Heimowitz, principal at First Medcare, a 50-employee medical practice based in Canarsie, told The Post. “The high costs of ObamaCare and our present health-care costs have impeded our efforts to hire more people.” [emphasis mine]

Obamacare has done nothing it promised. Why don’t we just bite the bullet, show some courage, and repeal the damn thing before it does more harm?

Another billion in free money for homeowners who can’t pay their mortgage

The Obama administration is offering another billion in free money to homeowners who can’t pay their mortgage.

So, considering the trillions in debt that is overwhelming the budget of the federal government, I wonder where is billion dollars coming from. Do they grow it on trees? I’d really like to know, since it would be nice if I could manufacture cash out of thin air as easily whenever I thought I needed it.

Obama’s proposal to end the tax break for corporate jet owners would reduce the deficit by less than one-tenth of 1 percent.

A dose of reality: Obama’s repeated demand at yesterday’s press conference to end the tax break for corporate jet owners would reduce the deficit by less than one-tenth of 1 percent.

I say, the Republicans should trade this measly tax increase for $1 trillion in cuts. This tax increase is stupid, and will do nothing bu harm, but if they can trade it for lots of cuts, it’s worth accepting it.

“Unable to pass its immigration agenda through legislation, the Administration is now implementing it through agency policy.”

From the head of union representing agents of Immigration and Customs Enforcement (ICE): “Unable to pass its immigration agenda through legislation, the Administration is now implementing it through agency policy.” And if you still have doubts about the unwillingness of the Obama administration to enforce the law, there’s also this quote:

Our officers are already under orders not to make arrests or even talk to foreign nationals in most cases unless another agency has already arrested them; you won’t find that written in any public ICE policy.

Global Bankruptcy Months Away?

The day of reckoning beckons: Global bankruptcy months away? Key quote:

“Based upon world liquidity, the amount of money available to fund sovereign debt in 2011 is between $6-9 trillion,” Marc Nuttle told Townhall Finance. Nuttle runs the site DebtWall.org. “The world’s government projections for deficit financing in 2011 is $8-10 trillion. We are bumping into the ceiling of the world’s ability to fund ongoing sovereign deficits and debt on an annual basis.”

NASA faces subpoena on heavy-lift rocket work

The space war continues: Several senators are threatening to subpoena NASA over what they perceive as the agency’s foot-dragging in building a heavy-lift rocket.

Idiots. They give NASA less money and less time to build the program-formerly-called-Constellation, and then are surprised when things don’t go well. Of course, it doesn’t help that the Obama administration is trying to sabotage the project anyway.

Obama to announce plans to cut government waste

Obama to announce plans today to cut government waste.

Though I applaud any effort to reduce the federal government’s out-of-control spending, to me this paragraph suggested strongly how symbolic and superficial this announcement by Obama will be:

One of the campaign’s first steps will be targeting waste and duplication among federal websites. The administration will halt the creation of new websites, as well as shut down or consolidate one-fourth of the 2,000 government websites in the next few months.

For one thing, having an employee launch an extra website is hardly very costly, as you are already paying that employee’s salary. Will they be laying off these workers as well? I doubt it.

For another, shutting down websites is hardly a demonstration of transparency in government.

House Panel Slams Obama’s Decision to Shut Yucca Mountain

A House panel today slammed President Obama’s decision to shut the Yucca Mountain nuclear waste storage facility.

The House committee’s report challenges the basis for the Administration’s rejection of the site, which was submitted for licensing review in 2008. “Despite numerous suggestions by political officials—including President Obama—that Yucca Mountain is unsafe for storing nuclear waste, the Committee could not identify a single document to support such a claim,” it says. The report includes a number of documents to support its charge that career government officials and scientists opposed the decision to close Yucca Mountain but were not consulted. In recent testimony to the committee, a former acting director of the Yucca Mountain program, Christopher Kouts, said of Secretary of Energy Steven Chu’s decision to terminate the program, “Technical information was not part of the secretary’s decision making process.”

The report highlights a section of an unpublished safety evaluation report by the Nuclear Regulatory Commission on the facility’s potential long-term effects. The evaluation, according to the committee, found that, in most details, the project proposed by the Department of Energy (DOE) met the government’s technical, safety, and environmental requirements—including the need to safeguard the site 200,000 years into the future.

NASA announces Orion program will continue

NASA announces that the Orion program will continue, though under a different name.

This is a non-announcement, made to appease those in Congress who are requiring NASA to build the program-formerly-called-Constellation. NASA will do as Congress demands, and in the process will build nothing while spending a lot of money for a rocket and space capsule that can’t be built for the amount budgeted.

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