Thursday, November 10, 2011

Obama’s Lowlights (11/10/11)

Obama’s Student Loan Plan – According to the NY Post “At best, it’s a band-aid solution. The real problem is that we’ve been running a higher education bubble, one that -- like the real-estate bubble -- has been pumped up by cheap government money. Since 1999, student loan debt has increased by 511%, while disposable income has increased by only 73%.”

Saudi Arabia – The Saudi Royalty has offered a 900,000 thousand dollar reward for the capture of any Israeli soldiers.

OWS – Many businesses around protest areas are being forced to lay off workers since they are losing business (customers do not want to enter the protest regions for fear of their safety). Occupy Oakland has been particularly violent.

Obama – In his weekly addresses to the nation, the President has been pandering to the Occupy Wall Street movement by vilifying the top 1%. Doesn’t Obama realize he is part of the top 1%?

ObamaCare – Nancy Pelosi came out in favor of the nearly 2000 waivers, offered by the administration, to void certain provisions of healthcare law because as she claims “they are going to very small companies”. In fact, most of the waivers have been granted to very large conglomerates such as McDonalds and Jack in the Box. Small companies simply do not have the lobbying power (or campaign contribution influence) as larger and more wealthy corporations to obtain these waivers.

NRA – The National Rifle Association has launched a campaign pushing for the resignation of DOJ head, Eric Holder, for his handling of operation Fast and Furious.

More Pharmaceutical Regulations - Obama signed an executive order that gives federal regulators more power to track drug shortages, quickly approve replacement manufacturing sites, and punish price gougers.

Transparency – The DOJ wants new regulations that would enable the government to falsely claim documents under the Freedom of Information Act (FOIA) do not exist and are therefore, never released to the public. The White House is already using this power to deny public access to Solyndra documents.

PETA – The organization compared Sea World animals to slaves.

UC Berkeley – Professor Richard Mueller issued a study last week that seemingly gave conclusive evidence that global warming is caused by CO2. However, the Daily Mail reported that a leading member of Prof Muller’s team has accused him of trying to mislead the public by hiding the fact that the research shows global warming has stopped. Later Prof Curry said, “The project’s research data show there has been no increase in world temperatures since the end of the Nineties” – a fact confirmed by a new analysis that The Daily Mail has obtained.

Libya – The country is flying the al-Qaida flag as it prepares to impose Sharia law. It is hard to believe, but the new Libya government may be worse than the old Gaddafi regime.

Blame Game – This past week Debbie Wasserman-Schultz blamed the rise of Hamas on George Bush, and Michelle Obama is now on the campaign stump blaming Republicans for her husband’s shortcomings.

DOJ – Eric Holder is now suing the state of South Carolina over its immigration policy. The DOJ is also suing Arizona and Alabama over its immigration laws.

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

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