Sunday, June 26, 2011

Obama's Weekly Lowlights (6/26/11)

Economy – The International Monetary Fund reduced its forecast for U.S. GDP growth to 2.5% for 2011 and only 2.7% for 2012.

Transparency – The White House continues to keep meetings with campaign contributors and Wall Street execs off the President’s daily schedule released to the Press.

Maryland – Authorities shut down a lemonade stand run by a few youths and fined them 500 dollars. Half the profits from the business were going to a pediatrics charity.

DOJ – Attorney General, Eric Holder, continues to advocate for civilian trials for suspected terrorists jailed at Guantanamo Bay.

HHS – Health and Human Services has announced it will stop issuing waivers to ObamaCare come September 22nd.

Libya – Reports are surfacing that Obama ignored his top legal aides when he decided to use military force in Libya.

White House Economic Policies – Obama’s Chief of Staff, William Daley, referred to Obama’s regulatory policies as “bureaucratic stuff that is hard to defend”.

Climate Change – The Sea Level Research Group at the University of Colorado has been adding (fudging) 0.3 millimeters per year to sea level calculations.

Taliban – Afghan President, Karzai, claims the U.S. is negotiating with the Taliban. If this is true, it is bad policy to negotiate with drug dealers and terrorists. In other news, the National Journal reports the Taliban is now using children as suicide bombers. Still, Obama will start to scale down the war effort in Afghanistan reducing troop levels by 10,000 this year and removing the troop surge level by September of next year.

Charity – Charitable contributions were back on the rise in 2010 to nearly 300 billion dollars. This is equal to about 2% of U.S. GDP or about 1000 dollars for every man, women, and child. Americans continue to be the most giving country in the world, even in tough times.

New Jersey – Union employees will have to pay higher fees for benefits.

Supreme Court – The high court ruled in favor of Wal-Mart in a sex discrimination suit, blocked a climate change lawsuit, and will not hear the ACORN funding case.

Keith Olbermann – He returned as a TV host last week on Current TV. The show is exactly same as the one he had on MSNBC.

Going Green – White House solar panels, which were promised to be installed by the President, still have not been completed in 9 months.

ObamaCare – A provision in the law would enable people earning more than 3 times the poverty rate to qualify for Medicaid. This could balloon Medicaid payrolls by tens of millions.

My Book: Is America Dying? (, Barnes and Noble)

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