Tag: politics

Bernanke headlines a day of grim warnings about the nation’s fiscal standing

12:24 pm

Fed chairman Bernanke issued a grim warning yesterday about the federal government’s overwhelming debt. Key quote:

The national debt is currently about 60 percent of the economy, or Gross Domestic Product, [Bernanke] said, adding that it is projected to reach 90 percent of GDP by 2020 and 150 percent of GDP by 2030. But Bernanke’s citation of $9.5 trillion in national debt didn’t include the $4.6 trillion owed by the government to trust funds for things such as Social Security and Medicare, which have paid out cash to the Treasury in exchange for promisory notes. The full national debt – when both forms of debt are included – is already just under 100 percent of GDP, which is currently around $14.6 trillion.

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Contractor proposes taking over two shuttles and flying them for NASA through 2017

12:53 pm

The contractor who manages the shutte program for NASA, United Space Alliance (USA), has proposed taking over two shuttles and flying them privately for NASA through 2017. Key quote:

USA’s current estimated price tag of $1.5 billion per year would represent a substantial drop from previous funding levels, which have seen shuttle program costs rise as high as $4 billion per year. United Space Alliance says its plan would take advantage of shuttle infrastructure and a workforce already in place. Some shuttle production lines would have to be restarted — for example, the operation that builds the shuttle’s external fuel tanks. But USA says the first commercial shuttle flights could take place in 2013. That would beat the 2016 deadline specified in last year’s legislation, as well as the development schedule laid out by SpaceX and USA’s other commercial competitors.

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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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Senate Rejects Full ObamaCare Repeal but Votes To Kill ‘1099’ Provision

7:16 pm

By a vote of 51-47, the Senate today rejected a full repeal of ObamaCare. A second vote, 81-17, did repeal the 1099 tax paperwork provision.

No surprises here. This just illustrates the need to throw more of these clowns out of office in 2012. For one thing, many of the 81 Senators who voted to repeal the 1099 tax provision had voted for it only 10 months ago. Have they finally learned to read?

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finding out what’s politically correct

12:50 pm

Want to know what the academic elite think is or is not politically correct? Make two different Freedom of Information Act requests at the same university for two scientists who just happen to be on opposite sides of the global warming debate and see how the university responds.

Not surprisingly, the university was glad to do whatever it could to hurt the global warming skeptic, while stonewalling any requests for information about the global warming advocate.

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Planned Parenthood caught on tape covering up underage sex trafficking

11:29 am

A video sting operation has caught a Planned Parenthood official as she gladly helps a pimp illegally cover up his underage sex ring. Key quote:

In the video, the pair visit Planned Parenthood Central New Jersey’s abortion center in Perth Amboy and clinic manager Amy Woodruff, an LPN, warns the pimp and his prostitute to have their trafficked underage girls lie about their age to avoid mandatory reporting laws.

“Even if they lie, just say, ‘Oh he’s the same age as me, 15,’…it’s just that mainly 14 and under we have to, doesn’t matter if their partner’s the same age, younger, whatever, 14 and under we have to report,” Woodruff says. “Like on the paperwork there’s going to be a point that asks, uh, like are you sexually active, stuff like that … if they’re under a certain age… – you know, me and my other counselor, like for the most part we want as little information as possible – cause we don’t want to be involved…”

Watch the whole video. Your jaw will drop in horror, especially consider how much government money Planned Parenthood gets (more than $300 million per year).

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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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