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

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.

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

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

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

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.

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.

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.

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.

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.

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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