Monday, January 30, 2012

Obama’s Lowlights (1/30/12)

SPOA and PIPA – Most politicians, on both sides of the isle, are now against the House’s Stop Piracy Online Act and the Senate’s Protect Intellectual Property Act because these bills violate free speech. Hollywood elites (you know the ones that want to pay higher taxes) support this legislation because it protects their work from being stolen and sold online.

Tourism - The tourism initiative is part of an executive order Obama signed. Its goal is to boost non-immigrant visa processing capacity in China and Brazil by 40 percent this year; expand a Visa Waiver Program that allows participating nationals to travel to the U.S. for stays of 90 days or less without a visa; appoint a new group of chief executives to the U.S. Travel and Tourism Advisory Board; and direct an interagency task force to develop recommendations for a National Travel and Tourism Strategy, including promoting national parks and other sites. This is just what Americans need - more government bureaucracy and intervention.

Gas Prices – Here is the latest regulatory power grab proposed by House Democrats: The Gas Price Spike Act, H.R. 3784, would apply a windfall tax on the sale of oil and gas that ranges from 50 percent to 100 percent on all surplus earnings exceeding "a reasonable profit." It would set up a Reasonable Profits Board made up of three presidential nominees that will serve three-year terms. What’s worse, the Democrats propose this legislation at a time when gas prices are at historical highs for this time of the year.

Keystone Pipeline - Though the president just rejected a permit for the controversial project, Nebraska Gov. Dave Heineman told Fox News that he expects to send the Obama administration a new proposed route for the pipeline well before Election Day.

New York Times - Prime Minister Binyamin Netanyahu is refusing to pen an op-ed piece for The New York Times, signaling the degree to which he is fed up with the influential newspaper’s editorial policy on Israel.

Texas - The Supreme Court on Friday threw out electoral maps drawn by liberal federal judges in Texas that favored minorities. The decision ultimately could affect control of the U.S. House of Representatives and leaves the fate of Texas' April primaries unclear.

Housing Market - Existing home sales rose in December to an 11-month high while the supply of available homes dropped to a seven-year low. 

Solyndra – CBS caught the defunct solar panel company destroying millions of dollars in assets (glass tubing) they no longer needed.

Bain Capital – In the last three election cycles Bain employees have donated 1.2 million to Democratic campaigns, but only 480 thousand to Republican campaigns.

Egypt – The extreme Muslim Brotherhood Party won a large majority of the seats in Egypt’s Parliament.

Nigeria – Islamist extremists killed 178 people in the Nigerian city of Kano this past week.

Syria - The UN says that more than 5,000 have died since protests against President Bashar al-Assad erupted last March. Why did Obama intervene in Libya and not Syria? Syria (they have ties to Iran) is more of a national security risk than Libya!

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

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