Chevy Volt - Federal officials say they are investigating the safety of the lithium-ion battery in General Motors’ Chevrolet Volt after a second battery fire following crash-testing of the electric car.
Homeland Security - Starting next year, jaguars will be the target of an extensive network of remote cameras (at a cost of 771 thousand dollars) placed across Southern Arizona and southwest New Mexico by Homeland Security.
Barney Frank – The Massachusetts Democrat will retire and not seek a 17th term. The good news for Democrats is it is very unlikely this district will elect anyone but a liberal. That being said, it is becoming apparent that Democrat pollsters do not see significant House gains in the 2012 election.
Capital Punishment - A condemned inmate, Gary Haugen, who was scheduled to be executed next month in Oregon, is now slamming Gov. John Kitzhaber for giving him a reprieve, saying the governor didn't have the guts to carry out the execution. Kitzhaber does not believe in capital punishment.
EU Debt - President Barack Obama pressed European Union officials last week to reach a definitive solution to their sovereign debt crisis which is emerging as a major 2012 U.S. election worry. How is that for hypocrisy – Obama, who is responsible for 4 trillion dollars of debt, is preaching others about debt concerns?
2012 – ABC’s Jake Tapper points out that our “unprecedented” President is making more history by “campaigning on taxpayer dime”.
Medicare – Unless Congress acts before Jan. 1, doctors face a 27 percent cut in their fees for treating Medicare patients. That could undermine healthcare for millions of elderly and disabled beneficiaries. This may also force many doctors to stop seeing Medicare patients entirely.
NY Times – Thomas Edsall writes that Democrats have abandoned the white working class in favor of highly educated liberals and minorities.
Egypt – Islamists won a 65% majority in their national election with the rogue Muslim Brotherhood Party being the largest faction.
China - The Chinese Defense Ministry is upset with the U.S. for upgrading our military alliance with Australia.
Solar Energy – Was Solyndra the beginning of a solar market collapse? “Of the few hundred or so solar panel makers worldwide, just 20 to 40 are expected to remain standing in a few years time”, said Mark Bachman, a renewables analyst at Avian Securities.
Gallup – The polling company now ranks Obama’s approval ratings lower than any President since Eisenhower (at this juncture of their presidency).
Fitch – The rating company has downgraded U.S. treasury bonds outlook from positive to negative, although they are still rated AAA.
National Debt Donations – Over the past 50 years the United States government has received 83 million dollars in donations to pay off the debt. Unfortunately, the contributions don’t specifically go to pay off existing debt (yes, there is a federal program which accepts donations for the national debt – but I do not see any of those wealthy liberals donating to it – you know the ones that want to be taxed more). The government deposits these funds in the Treasury Department’s general fund, in essence the government’s main checking account. “The gifts go toward funding the federal government, not to pay off the debt,” said Mckayla Braden, a spokeswoman for the Bureau of the Public Debt.
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