Tag: policy

At least 80 House Republicans have signed a letter demanding that Speaker John Boehner (R-Ohio) block any further funding of Obamacare.

7:24 pm

At least 80 House Republicans have signed a letter demanding that Speaker John Boehner (R-Ohio) block any further funding of Obamacare.

This story illustrates two things. First, the House Republican leadership has been timid about using its power to block the implementation of Obamacare, even though the public clearly wants it blocked. Second, that about a third of the House Republican membership has already signed the letter, with more signatures expected, suggests that the bulk of the Republican Party is not as timid as their leadership. Moreover, I expect the November election to significantly strengthen this fiscally conservative trend.

Thus, it will not surprise me if we see some very radical budget cuts in the next Congress.

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The House Appropriations Committee has approved a $1.4 billion cut in the budget of EPA, also including 31 additional riders limited the agency’s regulatory powers.

1:57 pm

The House Appropriations Committee has approved a $1.4 billion cut in the budget of EPA, also including 31 additional riders limiting the agency’s regulatory powers.

That would make the 2013 EPA budget equivalent to its budget in the early 2000s, numbers that would hardly be crippling.

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Another dismal jobs report.

9:47 am

Another dismal jobs report.

Job growth amounted to a disappointing 80,000, below analyst expectations of 90-100K, while the jobless rate remained the same at 8.2%:

Read the whole article. There’s a lot more, all of its depressing and trending downward.

While no President should be blamed entirely for the unemployment numbers, the policies of any President do have a direct influence on those numbers, and should bear some responsibility, especially in this era where we have ceded so much power to the federal government. Consider this graph (below the fold), which shows the “total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force.” The steep upward swing, beginning in 2008, sadly corresponds too closely with the beginnings of the Obama administration. And it is with this administration that we have seen the worst deficits, the most regulation, and the biggest increase in the power of government in our lifetimes. It is thus no surprise the economy has crumbled.
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Obamacare: the final battle.

9:27 am

Obamacare: The final battle.

Mitt Romney said it best on Thursday. “If we want to get rid of Obamacare, we’re going to have to replace President Obama.” Those who have been sitting on the sidelines, out of complacency or loyalty to someone else from the primaries, must get out of their chairs and get to work. But while that work must end with Mitt Romney in the White House, it must begin with a Republican majority in the Senate.

As I said last week, the only right way to get this terrible law it is for the voters to insist upon its repeal. And the only way to do that is to elect politicians who say they will repeal it. Not only will that get rid of the law, but it will instill such fear in politicians that it will be decades before any of them will attempt to introduce another one of these kinds of draconian laws.

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“It’s all up to the voters now.”

10:31 am

“It’s all up to the voters now.”

It always has been up to the voters. Sadly, my baby-boom generation has too often turned to the courts to absolve themselves from responsibility for making tough decisions as voters. With Obamacare, that is no longer possible. If the public wants to get rid of this turkey of a law, which every poll says they do, the public had better come out to the polls in November and vote for candidates who are in favor of its repeal.

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A Modest Proposal

9:48 am

“A Modest Proposal.”

Now that the Roberts Court has affirmed that the government has the power to mandate purchases of private goods and services as long as it’s structured as a tax, I propose that we put this new-found authority in the service of an explicit Constitutional right. For far too long, too many Americans have suffered from an inequal distribution of firearms, despite the Second Amendment’s express exhortation to “keep and bear arms,” in large part because income inequality in this nation has kept the poor and working classes from having the proper protection for themselves and their loved ones. We need to end this disparity now by applying the ObamaCare model immediately.

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The scientific stupidity of the TSA’s security rules.

10:03 am

The scientific stupidity of the TSA’s security rules.

Here’s one example from the article:

Take the Transportation Security Administration’s rules about carry-on electronics, for example. Laptops have to come out of their bags and lie flat in a plastic tub—but not tablets, phones, Kindles, cameras or portable game consoles. Why the distinction? The TSA says that it’s not just about detecting explosives: removing bigger gadgets also unclutters your bag for better x-ray examination. Even so, on close inspection the rules get arbitrary very quickly. For example, according to the TSA, the 11-inch model of the MacBook Air is fine to leave in your bag, but the 13-inch model must be removed.

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Obamacare: 0-98

2:37 pm

Obamacare: 0-98

As the nation awaits the Supreme Court’s ruling on President Obama’s centerpiece legislation, it’s worth reviewing the American public’s response to it across the 27 months since Obama signed it into law. Over that span, from March 2010 through a poll released this morning, Rasmussen has conducted 98 polls of likely voters. All 98 times, support for repeal has outpaced opposition to repeal. Across 98 contests, Obamacare has gone 0 and 98.

What amazes me is how completely oblivious the Democratic Party has been to these polls. Despite the public’s clear and passionate opposition to this law the Democrats have continued to act as if they believe the law will win them votes.

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The Dodd-Frank downgrade.

10:11 am

The Dodd-Frank downgrade.

What comes through in the Moody’s assessment [the credit-rating downgrade of 15 banks] and in any review of their returns on equity is that banks have lost significant ability to generate earnings to offset the inevitable losses. The lost earnings power is surely due in part to reduced leverage, which helps protects taxpayers.

But 2,300 pages of Dodd-Frank and countless other federal efforts to put sand in the financial gears are also taking their toll. The Obama tax and regulatory frenzy, of which Dodd-Frank is a part, weighs on economic growth. Those are our words, not Moody’s, but the rating agency does note that the abysmal economic environment is a drag on ratings for everyone.

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Forbidden by the Forest Service from using powered equipment, a shovel brigade of 60 people last weekend made temporary repairs to Tombstone’s water line.

7:30 pm

Forbidden by the Forest Service from using heavy equipment, a shovel brigade of 60 people last weekend made temporary repairs to Tombstone’s water line.

“It took 60 people two days to complete a work project that could have been done in two hours with the appropriate equipment,” Barnes said. “We have a lot more work that needs to be done up there, but we don’t have the permits from the forest service to go back.”

For reasons that only bureaucrats understand, the Forest Service decided that the use of heavy equipment like a bulldozer is more harmful to nature than 60 people with shovels, even though in the end the work done is exactly the same, and that this same work was done repeatedly in the past by heavy equipment.

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The Social Security Trust Fund will start losing value in 2013.

3:19 pm

The day of reckoning looms: The Social Security Trust Fund will start losing value in 2013, not 2020 as claimed.

In 2010, Social Security’s Office of the Chief Actuary projected that this interest income would keep the trust fund growing in real value through 2020. The 2011 projections moved this date to 2018, and the recently released 2012 projections pushed the date to 2012, meaning that the trust fund will start declining in real value next year. After 2013, the trust fund is projected to decline by greater amounts each year until becoming exhausted in 2033.

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Eric Holder has retracted his false claim that the Bush administration had started the program allowing guns to be smuggled illegally to Mexico.

10:51 am

More Fast-and-Furious news: Eric Holder has retracted his false claim that the Bush administration had started the program allowing guns to be smuggled illegally to Mexico.

The Justice Department has retracted a second statement made to the Senate Judiciary Committee. During a hearing last week, Attorney General Eric Holder claimed that his predecessor, then-Attorney General Michael Mukasey, had been briefed about gunwalking in Operation Wide Receiver. Now, the Department is retracting that statement and claiming Holder “inadvertently” made that claim to the Committee.

In other words, Holder has now admitted that he lied when he was testifying to Congress.

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President Obama today invoked executive privilege in order to withhold documents demanded by a House committee investigating the “Fast and Furious” gun scandal.

9:40 am

Cover up: President Obama today invoked executive privilege in order to withhold documents demanded by a House committee investigating the “Fast and Furious” gun scandal.

In related news, the union that represents Border Patrol agents called today for the resignation of Attorney General Eric Holder.

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The pork of Obamacare

3:00 pm

The Patient Centered Outcomes Research Institute (PCORI), created by Obamacare, announced its first round of grants today, part of a funding program of fifty “pilot projects” totaling $30 million.

It didn’t take much research for me to conclude that, while some of this work might be useful, most of it sounds like bureaucratic claptrap. For example, consider the description Nature gives for these three grants:
» Read more

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The FAA and NASA have worked out their differences concerning their regulation of private commercial space.

4:05 pm

The FAA and NASA have worked out their differences concerning their regulation of private commercial space.

Essentially, NASA has finally conceded with this agreement that it has no control over a private space launch that is not flying to a NASA facility. That the FAA continues to have as much regulatory control is bad enough, but getting NASA out of the loop will at least ease the bureaucratic burden for private companies.

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The real estate crash: We’ve only just begun

11:37 am

A real estate industry group today announced that there was a nine percent jump in foreclosures during the month of May.

RealtyTrac reported that 205,990 U.S. properties received filings last month, including default notices, scheduled auctions and bank repossessions, marking the first monthly increase since January. Bank repossessions climbed steeply, up 7% to 54,844, after hitting a four-year low in April.

The report also noted that foreclosures made up 26% of U.S. home sales in first quarter and that more than 30% of mortgage borrowers were still underwater.

As someone who just moved to Tucson and spent more than six months searching for and finally purchasing a home, I can add a bit of personal experience to these dry statistics. And my perspective is sadly not encouraging.
» Read more

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Congressman Frank Wolf (R-Virginia) has backed down and modified the language he had inserted in the NASA budget bill that would have limited the number of commercial space companies NASA could subsidize.

3:59 pm

Good news: Congressman Frank Wolf (R-Virginia) has backed down and modified the language he had inserted in the NASA budget bill that would have limited the number of commercial space companies NASA could subsidize.

From Clark Lindsey:

Rep. Frank Wolf (R-VA) , who is Chairman on the Commerce-Justice-Science subcommittee of the House Appropriations committee, put language into the recent House budget for NASA that requiree NASA to down-select immediately to one primary contractor in the commercial crew program. This would obviously eliminate competition on price and rule out redundancy in case one system is grounded. He has now relented and is willing to allow for “2.5 (two full and one partial) CCiCAP awards”.

As I wrote earlier, the success of Dragon is putting strong political pressure on Congress to support the independent commercial space companies over the NASA-built and very expensive Space Launch System (SLS) that Congress had mandated. Expect to see more elected officials back down in the coming year, with the eventually elimination of SLS from the budget.

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Tone deaf: The union representing maintenance crews at Belmont is threatening to go on strike on Friday, just prior to the Belmont Stakes where the horse “I’ll Have Another” has a chance to win the Triple Crown.

11:47 am

Tone deaf: The union representing maintenance crews at Belmont is threatening to go on strike on Friday, just prior to the Belmont Stakes where the horse “I’ll Have Another” has a chance to win the Triple Crown.

With more than 100,000 fans expecting to attend the race as well as millions more watching on television, a strike will do wonders in sealing the union’s image in the public’s eye.

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According to a new poll, the number of voters who consider themselves independents is now the highest in seventy-five years.

9:01 am

Good news: According to a new poll, the number of voters who consider themselves independents is now the highest in seventy-five years.

If you call yourself independent, it means you intend to keep an open mind about who to vote for. It means you have decided that loyalty to party affiliation is not a reason to vote for a candidate. It means that you have decided to reject conventional wisdom and go your own way.

It doesn’t necessarily mean you will make a wise decision, but it does mean that on the whole the American electorate has decided our government needs a new approach, and that knee-jerk loyalty to the established political parties is not the way to get it.

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The U.S. Drug Enforcement Agency has asked the Utah state legislature for permission to scan the license plates of all cars driving on Interstate 15.

7:18 pm

What could go wrong? The U.S. Drug Enforcement Agency has asked the Utah state legislature for permission to scan the license plates of all cars driving on Interstate 15.

Worse, they are already scanning plates in Texas and California, and plan to add Arizona to the list.

I especially like this quote from a Utah legislator in response to the request. “I’ll be quite frank with you. A lot of us in Utah don’t trust the federal government.” Do tell.

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More colleges have announced plans to drop their student healthplans due costs imposed by Obamacare.

10:51 am

Repeal it! More colleges have announced plans to drop their student healthplans due costs imposed by Obamacare.

Lenoir-Rhyne University of Hickory, N.C., the University of Puget Sound in Tacoma, Wash., and Cornell College in Mount Vernon, Iowa—all private liberal-arts colleges—have told students they are dropping school-sponsored limited-benefit insurance plans starting in the fall. The three colleges said students’ premiums would have gone up roughly tenfold, and they said they could no longer justify making students sign up if they didn’t have their own insurance. [emphasis mine]

And if they don’t drop their healthplan?

The State University of New York at Plattsburgh said its 2011-2012 premium was $440 for a plan that covered up to $10,000 for each injury or sickness. Officials said the premium for the coming year would be $1,300 to $1,600 for a plan that meets the new requirements. The school will continue to require students to carry insurance, either through the school or not.

How’s that hope and change working out for you, students?

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