Thursday, January 29, 2009

My Bipartisan Stimulus

http://online.wsj.com/article/SB123318906638926749.html

There's a serious debate in this country as to how best to end the recession. The average recession will last five to 11 months; the average recovery will last six years. Recessions will end on their own if they're left alone. What can make the recession worse is the wrong kind of government intervention.

I believe the wrong kind is precisely what President Barack Obama has proposed. I don't believe his is a "stimulus plan" at all -- I don't think it stimulates anything but the Democratic Party. This "porkulus" bill is designed to repair the Democratic Party's power losses from the 1990s forward, and to cement the party's majority power for decades.

Keynesian economists believe government spending on "shovel-ready" infrastructure projects -- schools, roads, bridges -- is the best way to stimulate our staggering economy. Supply-side economists make an equally persuasive case that tax cuts are the surest and quickest way to create permanent jobs and cause an economy to rebound. That happened under JFK, Ronald Reagan and George W. Bush. We know that when tax rates are cut in a recession, it brings an economy back.

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Wednesday, January 28, 2009

What's in the Stimulus Bill?

http://online.wsj.com/article/SB123310466514522309.html

"Never let a serious crisis go to waste. What I mean by that is it's an opportunity to do things you couldn't do before."

So said White House Chief of Staff Rahm Emanuel in November, and Democrats in Congress are certainly taking his advice to heart. The 647-page, $825 billion House legislation is being sold as an economic "stimulus," but now that Democrats have finally released the details we understand Rahm's point much better. This is a political wonder that manages to spend money on just about every pent-up Democratic proposal of the last 40 years.


Here's some of the stuff in the bill

  • Medicaid
  • expanded unemployment benefits
  • food stamps
  • earned income credit
  • Economic Development Administration
  • Small Business Administration
  • Education Department
  • Amtrak
  • Child Care
  • Global Warming Research
  • National Endowment of the Arts
  • carbon-capture demonstration projects
  • digital TV conversion coupons
  • fixing bridges or other highway projects
  • broadband and electric grid development, airports and clean water projects
  • federal government to buy new cars
  • modernizing federal buildings and facilities
  • Smithsonian

At least there's nothing for wooden arrows this time ;)

More Than 650 International Scientists Dissent Over Man-Made Global Warming Claims

http://epw.senate.gov/public/index.cfm?FuseAction=Minority.Blogs&ContentRecord_id=2674e64f-802a-23ad-490b-bd9faf4dcdb7

U. S. Senate Minority Report:

More Than 650 International Scientists Dissent Over Man-Made Global Warming Claims

Scientists Continue to Debunk “Consensus” in 2008

Update: December 22, 2008: 11 More Scientists Join Senate Report

Link to Full Printable PDF Report

INTRODUCTION:

Over 650 dissenting scientists from around the globe challenged man-made global warming claims made by the United Nations Intergovernmental Panel on Climate Change (IPCC) and former Vice President Al Gore. This new 231-page U.S. Senate Minority Report -- updated from 2007’s groundbreaking report of over 400 scientists who voiced skepticism about the so-called global warming “consensus” -- features the skeptical voices of over 650 prominent international scientists, including many current and former UN IPCC scientists, who have now turned against the UN IPCC. This updated report includes an additional 250 (and growing) scientists and climate researchers since the initial release in December 2007. The over 650 dissenting scientists are more than 12 times the number of UN scientists (52) who authored the media-hyped IPCC 2007 Summary for Policymakers.

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Senator Warns White House Will 'Create Crisis' and 'Panic' to Push Stimulus

http://businessandmedia.org/articles/2009/20090127165919.aspx


Is the new Obama administration taking cues from the Bush administration to get Congress to act? It certainly seemed that way to, South Carolina’s junior Republican senator, Jim DeMint.

DeMint, speaking Jan. 27 at The Heritage Foundation in Washington, D.C., explained the Obama administration will “create crisis and widespread panic” just like its predecessor in order to get Congress to act expeditiously.

“I’ve been around long enough to know whenever someone tells me I have to make a decision right now, my response is no,” DeMint said. “That clears it up right away and I think more and more the Bush administration and now this administration knows that they’re not going to get a quick reaction out of Congress unless they create crisis and widespread panic. And that’s going to be their M.O. to get Congress to act.”

Sunday, January 25, 2009

Pelosi Says Birth Control Will Help Economy

http://www.drudgereport.com/flashpbc.htm


Speaker of the House Nancy Pelosi boldly defended a move to add birth control funding to the new economic "stimulus" package, claiming "contraception will reduce costs to the states and to the federal government."

Pelosi, the mother of 5 children and 6 grandchildren, who once said, "Nothing in my life will ever, ever compare to being a mom," seemed to imply babies are somehow a burden on the treasury.

The revelation came during an exchange Sunday morning on ABC's THIS WEEK.

STEPHANOPOULOS: Hundreds of millions of dollars to expand family planning services. How is that stimulus?

PELOSI: Well, the family planning services reduce cost. They reduce cost. The states are in terrible fiscal budget crises now and part of what we do for children's health, education and some of those elements are to help the states meet their financial needs. One of those - one of the initiatives you mentioned, the contraception, will reduce costs to the states and to the federal government.

STEPHANOPOULOS: So no apologies for that?

PELOSI: No apologies. No. we have to deal with the consequences of the downturn in our economy.

Developing...

Bullet ballistic data bases not very useful

http://www.reason.com/news/printer/130311.html

Seven years ago, New York started a database of "ballistic fingerprints" for all new handguns sold in the state. The bill's backers sold it as a crime-solving device, arguing that the state would now have a sample of a spent shell and bullet for every new gun sold. This, they said, would help police connect future evidence from crime scenes to specific guns.

Since then, the authorities have entered 200,000 newly purchased guns into the database and spent $1 million dollars a year on the system. Yet it hasn't led to a single solved crime. The only other state with such a database, Maryland, can attribute at least one conviction to the system since it was created in 2000-more than zero, but few enough that the state's own Police Forensics Division has suggested scrapping the program because of its demonstrated lack of benefits.

This hasn't come as a surprise to gun rights activists, who pointed to several potential problems when the databases were originally debated. Among them: The markings left by a gun are not guaranteed to be the same over the long term and can be deliberately changed with simple expedients such as filing inside the barrel; the vast majority of guns used in crimes are stolen or otherwise obtained in a black market, not used by their original legal owner; devoting so much record keeping to every gun sold guarantees wasted effort, since less than 1 percent of all guns sold will ever be used in a crime.

In 2003 a report from the California Attorney General's Office recommended against launching such a program because of its likely ineffectiveness in crime solving. And a March 2008 study from the National Research Council recommended against a national version of the New York and Maryland databases. In addition to noting the obvious ways in which such a program could be easily circumvented by criminals, the study said the theory behind the ballistics databases—that every gun marks shells and bullets in specific, stable, identifiable ways—has not been scientifically proven.

Saturday, January 24, 2009

Friday, January 23, 2009

Obama lifts restrictions on abortion funding

http://www.alertnet.org/thenews/newsdesk/N23463777.htm

WASHINGTON, Jan 23 (Reuters) - President Barack Obama on Friday lifted restrictions on U.S. government funding for groups that provide abortion services or counseling abroad, reversing a policy of his Republican predecessor George W. Bush.
...
When the ban was in place, no U.S. government funding for family planning services could be given to clinics or groups that offered abortion services or counseling in other countries, even if the funds for those activities came from non-U.S. government sources. "For the past eight years, (the restrictions) have undermined efforts to promote safe and effective voluntary family planning in developing countries," Obama said in a statement. "It is right for us to rescind this policy and restore critical efforts to protect and empower women and promote global economic development."

In contrast to his executive order to close the U.S. prison at Guantanamo Bay, Cuba, which he signed in a ceremony before journalists, the president issued this order quietly and the White House released a statement at 7 p.m. EST/2400 GMT.
...
The United States spends more than $400 million on overseas family planning assistance each year.

Guantánamo detainee resurfaces in terrorist group

http://www.iht.com/articles/2009/01/23/mideast/detainee.1-414168.php






BEIRUT: The emergence of a former Guantánamo Bay detainee as the deputy leader of Al Qaeda's Yemeni branch has underscored the potential complications in carrying out the executive order that President Barack Obama signed that the detention center be shut down within a year.

Question #1

I have a work book I've started using for studying the constitution. I thought it'd be fun to pick a question periodically from the work book for us to answer. Worth a shot at least.
So here's one from the work book:

The original constitution imposed one exception and two qualifications on the federal government's power to tax. What were these?

LDS Church sends aid to Palestinians in Gaza Strip

http://www.sltrib.com/ci_11533312?source=rss

The LDS Church, working through an American charity, donated hygiene kits and blankets worth $21,000 to Palestinians suffering the effects of the 22-day war between Hamas and Israel in the Gaza Strip.
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Thursday, January 22, 2009

The Obama presidency: Here comes socialism

http://thehill.com/dick-morris/the-obama-presidency--here-comes-socialism-2009-01-20.html

This is worth the read if you want an idea of what Obama will likely do.


Posted: 01/20/09 06:12 PM [ET]

2009-2010 will rank with 1913-14, 1933-36, 1964-65 and 1981-82 as years that will permanently change our government, politics and lives. Just as the stars were aligned for Wilson, Roosevelt, Johnson and Reagan, they are aligned for Obama. Simply put, we enter his administration as free-enterprise, market-dominated, laissez-faire America. We will shortly become like Germany, France, the United Kingdom, or Sweden — a socialist democracy in which the government dominates the economy, determines private-sector priorities and offers a vastly expanded range of services to many more people at much higher taxes.

Obama will accomplish his agenda of “reform” under the rubric of “recovery.” Using the electoral mandate bestowed on a Democratic Congress by restless voters and the economic power given his administration by terrified Americans, he will change our country fundamentally in the name of lifting the depression. His stimulus packages won’t do much to shorten the downturn — although they will make it less painful — but they will do a great deal to change our nation.

In implementing his agenda, Barack Obama will emulate the example of Franklin D. Roosevelt. (Not the liberal mythology of the New Deal, but the actuality of what it accomplished.) When FDR took office, he was enormously successful in averting a total collapse of the banking system and the economy. But his New Deal measures only succeeded in lowering the unemployment rate from 23 percent in 1933, when he took office, to 13 percent in the summer of 1937. It never went lower. And his policies of over-regulation generated such business uncertainty that they triggered a second-term recession. Unemployment in 1938 rose to 17 percent and, in 1940, on the verge of the war-driven recovery, stood at 15 percent. (These data and the real story of Hoover’s and Roosevelt’s missteps, uncolored by ideology, are available in The Forgotten Man by Amity Shlaes, copyright 2007.)

But in the name of a largely unsuccessful effort to end the Depression, Roosevelt passed crucial and permanent reforms that have dominated our lives ever since, including Social Security, the creation of the Securities and Exchange Commission, unionization under the Wagner Act, the federal minimum wage and a host of other fundamental changes.

Obama’s record will be similar, although less wise and more destructive. He will begin by passing every program for which liberals have lusted for decades, from alternative-energy sources to school renovations, infrastructure repairs and technology enhancements. These are all good programs, but they normally would be stretched out for years. But freed of any constraint on the deficit — indeed, empowered by a mandate to raise it as high as possible — Obama will do them all rather quickly.

But it is not his spending that will transform our political system, it is his tax and welfare policies. In the name of short-term stimulus, he will give every American family (who makes less than $200,000) a welfare check of $1,000 euphemistically called a refundable tax credit. And he will so sharply cut taxes on the middle class and the poor that the number of Americans who pay no federal income tax will rise from the current one-third of all households to more than half. In the process, he will create a permanent electoral majority that does not pay taxes, but counts on ever-expanding welfare checks from the government. The dependency on the dole, formerly limited in pre-Clinton days to 14 million women and children on Aid to Families with Dependent Children, will now grow to a clear majority of the American population.

Will he raise taxes? Why should he? With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.

In the name of stabilizing the banking system, Obama will nationalize it. Using Troubled Asset Relief Program funds to write generous checks to needy financial institutions, his administration will demand preferred stock in exchange. Preferred stock gets dividends before common stockholders do. With the massive debt these companies will owe to the government, they will only be able to afford dividends for preferred stockholders — the government, not private investors. So who will buy common stock? And the government will demand that its bills be paid before any profits that might materialize are reinvested in the financial institution, so how will the value of the stocks ever grow? Devoid of private investors, these institutions will fall ever more under government control.

Obama will begin the process by limiting executive compensation. Then he will urge restructuring and lowering of home mortgages in danger of default (as the feds have already done with Citibank).

Then will come guidance on the loans to make and government instructions on the types of enterprises to favor. God grant that some Blagojevich type is not in charge of the program, using his power to line his pockets. The United States will find itself with an economic system comparable to that of Japan, where the all-powerful bureaucracy at MITI (Ministry of International Trade and Industry) manages the economy, often making mistakes like giving mainframe computers priority over the development of laptops.

But it is the healthcare system that will experience the most dramatic and traumatic of changes. The current debate between erecting a Medicare-like governmental single payer or channeling coverage through private insurance misses the essential point. Without a lot more doctors, nurses, clinics, equipment and hospital beds, health resources will be strained to the breaking point. The people and equipment that now serve 250 million Americans and largely neglect all but the emergency needs of the other 50 million will now have to serve everyone. And, as government imposes ever more Draconian price controls and income limits on doctors, the supply of practitioners and equipment will decline as the demand escalates. Price increases will be out of the question, so the government will impose healthcare rationing, denying the older and sicker among us the care they need and even barring them from paying for it themselves. (Rationing based on income and price will be seen as immoral.)

And Obama will move to change permanently the partisan balance in America. He will move quickly to legalize all those who have been in America for five years, albeit illegally, and to smooth their paths to citizenship and voting. He will weaken border controls in an attempt to hike the Latino vote as high as he can in order to make red states like Texas into blue states like California. By the time he is finished, Latinos and African-Americans will cast a combined 30 percent of the vote. If they go by top-heavy margins for the Democrats, as they did in 2008, it will assure Democratic domination (until they move up the economic ladder and become good Republicans).

And he will enact the check-off card system for determining labor union representation, repealing the secret ballot in union elections. The result will be to raise the proportion of the labor force in unions up to the high teens from the current level of about 12 percent.

Finally, he will use the expansive powers of the Federal Communications Commission to impose “local” control and ownership of radio stations and to impose the “fairness doctrine” on talk radio. The effect will be to drive talk radio to the Internet, fundamentally change its economics, and retard its growth for years hence.

But none of these changes will cure the depression. It will end when the private sector works through the high debt levels that triggered the collapse in the first place. And, then, the large stimulus package deficits will likely lead to rapid inflation, probably necessitating a second recession to cure it.

So Obama’s name will be mud by 2012 and probably by 2010 as well. And the Republican Party will make big gains and regain much of its lost power.

But it will be too late to reverse the socialism of much of the economy, the demographic change in the electorate, the rationing of healthcare by the government, the surge of unionization and the crippling of talk radio.


Morris, a former adviser to Sen. Trent Lott (R-Miss.) and President Bill Clinton, is the author of Outrage. To get all of Dick Morris’s and Eileen McGann’s columns for free by email, go to www.dickmorris.com. To order a signed copy of their new best-selling book, Fleeced, go to dickmorris.com.

America 6th on Economic Freedom Index

http://www.heritage.org/Index/TopTen.aspx

1 Hong Kong
2 Singapore
3 Australia
4 Ireland
5 New Zealand
6 United States
7 Canada
8 Denmark
9 Switzerland
10 United Kingdom

Monday, January 19, 2009

What Recession? The $170 Million Inauguration

http://abcnews.go.com/Business/Inauguration/story?id=6665946&page=1

The funny thing about this is how much uproar there was from the anti-bush crowd during his last inauguration because of how much was spent. This one costs more at a time when the economy is worse.

The country is in the middle of the worst economic downturn since the Great Depression, which isn't stopping rich donors and the government from spending $170 million, or more, on the inauguration of Barack Obama
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Friday, January 16, 2009

FALLING MILK PRICES: Initial effort to pay farmers to retire cows fizzles

http://www.watertowndailytimes.com/article/20090115/NEWS02/301159967/0/FRONTPAGE

Ceilings and floors.....sigh

Lawmakers are looking for ways to use the forthcoming stimulus bill to help dairy farmers, and the number one priority is to dampen milk supplies and prop up prices. Translation: reduce the nation's dairy herd.

BANK OWNED BY AMERICA; FEDS BECOME LARGEST SHAREHOLDER...

http://www.iht.com/articles/2009/01/16/business/16banking.php

And the new ground rules laid down by Obama's top economic advisers for the second half of the $700 billion bailout fund, as explained in a letter submitted to Congress on Thursday, call for the government to play an increasing role in the major activities of the banks, from the dividends they pay to shareholders to the amount they can pay executives.

"We are down a path that this country has not seen since Andrew Jackson shut down the Second National Bank of the United States," said Gerard Cassidy, a banking analyst at RBC Capital Markets. "We are going to go back to a time when the government controlled the banking system."

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Monday, January 12, 2009

Obama's Climate Czar

http://www.washingtontimes.com/news/2009/jan/12/obama-climate-czar-has-socialist-ties/

Until last week, Carol M. Browner, President-elect Barack Obama's pick as global warming czar, was listed as one of 14 leaders of a socialist group's Commission for a Sustainable World Society, which calls for "global governance" and says rich countries must shrink their economies to address climate change.

By Thursday, Mrs. Browner's name and biography had been removed from Socialist International's Web page, though a photo of her speaking June 30 to the group's congress in Greece was still available.

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Saturday, January 10, 2009

Mormons on Nightline

Elder Ballard and Cook were on Nightline last night.




Wednesday, January 7, 2009

Chaffetz on Colbert Report

History of the Middle East

Monday, January 5, 2009

Thought of the Day: Charity and the Government

A couple of quotes

" The government of the United States is a definite government, confined to specified objects. It is not like state governments, whose powers are more general. Charity is no part of the legislative duty of the government."
-- James Madison, speech in the House of Representatives, January 10, 1794


"I can find no warrant for such an appropriation in the Constitution, and I do not believe that the power and duty of the General Government ought to be extended to the relief of individual suffering which is in no manner properly related to the public service or benefit."
-- President Grover Cleveland vetoing a bill for charity relief (18 Congressional Record 1875 [1877]


"I cannot find any authority in the Constitution for public charity. [To approve the measure] would be contrary to the letter and spirit of the Constitution and subversive to the whole theory upon which the Union of these States is founded."
-- President Franklin Pierce's 1854 veto of a measure to help the mentally ill.


Friday, January 2, 2009

Matheson Gives Pay Raise to Charity



When the people find that they can vote themselves money, that will herald the end of the republic.
-- Benjamin Franklin

Government aid could save U.S. newspapers, spark debate

http://www.reuters.com/article/reutersEdge/idUSTRE4BU53T20081231?sp=true

Conflict of interest?

NEW YORK (Reuters) - Connecticut lawmaker Frank Nicastro sees saving the local newspaper as his duty. But others think he and his colleagues are setting a worrisome precedent for government involvement in the U.S. press.

...

Providing government support can muddy that mission, said Paul Janensch, a journalism professor at Quinnipiac University in Connecticut, and a former reporter and editor.

"You can't expect a watchdog to bite the hand that feeds it," he said.

...

MILITARY TIMES Poll: Troops wary about Obama...


































http://www.armytimes.com/news/2008/12/military_poll_main_122908/

When asked how they feel about President-elect Barack Obama as commander in chief, six out of 10 active-duty service members say they are uncertain or pessimistic, according to a Military Times survey.
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Thursday, January 1, 2009

The Warm Turns

http://www.investors.com/editorial/editorialcontent.asp?secid=1501&status=article&id=315533893763712

Global thermometers stopped rising after 1998, and have plummeted in the last two years by more than 0.5 degrees Celsius. The 2007-2008 temperature drop was not predicted by global climate models. But it was predictable by a decline in sunspot activity since 2000.

When the sun is active, it's not uncommon to see sunspot numbers of 100 or more in a single month. Every 11 years, activity slows, and numbers briefly drop near zero. Normally sunspots return very quickly, as a new cycle begins. But this year, the start of a new cycle, the sun has been eerily quiet.

The first seven months averaged a sunspot count of only three and in August there were no sunspots at all — zero — something that has not occurred since 1913.

According to the publication Daily Tech, in the past 1,000 years, three previous such events — what are called the Dalton, Maunder and Sporer Minimums — have all led to rapid cooling. One was large enough to be called the Little Ice Age (1500-1750).