Monday, January 16, 2012

Obama’s Lowlights (1/16/12)

Economy – Unemployment dropped from 8.6% to 8.5% for December as the economy added 200 thousand new jobs. Although the numbers are moving in the right direction, the workforce size is still decreasing to make these numbers look better.

Marion Barry - Marion Barry, former four-term DC mayor is running for office again. DC residents may remember some of the highlights of his career, including tax evasion, smoking crack on video, and improperly awarding a contract to his girlfriend (and later stalking her). Now he is running to represent Ward 8 on the DC Council.

Credit Cards - "Rates currently are the highest since we've been tracking them," says Ben Woolsey, director of marketing for CreditCards.com, which has tracked card rates every week for the past four years. The average rate nationally right now, based on new card offers by 100 of the most popular issuers in the U.S., stands at 15.14 percent, up from 14.75 percent six months ago. I am so glad Congress passed the Credit Card legislation 3 years ago!

Military - The Obama administration last week unveiled a new military strategy that shifts the Pentagon’s focus towards Asia and says the country’s dire budget problems necessitate a more restrained use of military force and more modest foreign policy goals (a smaller military).

Green Hypocrisy - The federal government is proposing to grant a first-of-its-kind permit that would allow the developer of a central Oregon wind-power project to legally kill golden eagles, a regulatory move being closely watched by conservationists.

Recess Appointments? - We're not going to use signing statements to make an end-run around Congress!" - President Obama, May 20, 2008. That's not all; President Obama appropriated his authority as a constitutional law professor to denounce President Bush's use of signing statements as unconstitutional. So now, the question is: Was he wrong then, or is he acting against the Constitution now, in his post as Chief Executive? Technically, Congress was in session when Obama made these appointments.

Federal Pay - The White House will propose a 0.5 percent pay increase for civilian federal employees as part of its 2013 budget proposal.

ObamaCare – The final waiver count was 1,231, which covers about 4 million people across the country.

EPA - For the first time, the federal government is regulating big-rigs, RV's, and tractor-trailers in much the same way it's held car makers to rigorous fuel efficiency standards for decades.

Massachusetts - Another Kennedy is set to run for office. Joseph P. Kennedy III a prosecutor from Massachusetts, aims to replace retiring Democratic Rep. Barney Frank.

Fast and Furious - The Department of Justice has released documents suggesting the Bureau of Alcohol, Fire, Tobacco, and Explosives was fully aware of "gun-walking" in Mexico. 

Drugs – ABC reports roughly 200 million people worldwide use illicit drugs such as marijuana, amphetamines, cocaine and opioids each year, according to a new study. The figure represents about one in 20 people between the ages of 15 and 64.

California – They are now trying to regulate when people get oil changes for their cars.

Eugene Robinson – The liberal columnist criticized how the Santorum’s handled the death of their still born child – what a classy guy.

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

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