March 25th, 2011 at 9:57 am
Obama’s Domestic Energy Policies Killing Jobs Across America
A damning study that shows the true cost of President Barack Obama’s disastrous domestic energy policies:
The study, “Domestic Vendor Spending Outside the Gulf” found that approximately $1.3 billion of the $1.8 billion in shallow water vendor spending was concentrated in 7 states:
- Illinois: $376.2 million
- Pennsylvania: $245.0 million
- Wisconsin: $176.5 million
- New York: 139.6 million
- California: $138.0 million
- Oklahoma: 125.8 million
- Alabama: $104.5 million
Here’s what that means in political terms:
Additionally, the survey found a nationwide economic impact. Shallow water expenditures were made in 219 congressional districts — including 102 congressional districts with expenditures of $1 million or more, 32 congressional districts with expenditures of $10 million or more and 7 congressional districts with expenditures of $75 million or more.
Refusing to issue new permits for deep and shallow water drilling only increases the costs of gasoline and natural gas to consumers and destroys jobs across America. Along with financial boondoggles like ObamaCare, the president’s willful refusal to increase domestic energy supplies is likely to be a huge liability in his reelection bid.
March 24th, 2011 at 6:56 pm
Senate Liberals at Loggerheads Over Libya
It’s nice to see liberal members of the Obama regime getting in a dust-up over whether the president’s Libya bombing is legal.
Today’s combatants are Senator John Kerry (D-MA), chairman of the chamber’s Foreign Relations Committee, and Senator Dick Lugar (R-IN) whose thinking on foreign affairs is usually in lock-step with Kerry’s.
Until, that is, President Obama forgot to ask Lugar’s permission before going to war. As one of then-Senator Obama’s earliest Republican admirers, Lugar takes pride in his status as elder adviser to a young president. Trouble is, Obama no longer needs Lugar for anything.
And as Lugar is finding out, that includes setting aside procedural niceties like declaring war or getting congressional authorization for military action. (Far better to go the Lugar-approved route of U.N. permission slips.)
Thanks, Senator. He couldn’t have done it without you.
March 21st, 2011 at 9:48 pm
Obama Comes Out in Favor of Oil Exploration … in Brazil
As developments in the Middle East and a wayward monetary policy send gas prices consistently north, President Obama — no friend of hydrocarbons he — seems to be turning over a new leaf on the topic of oil exploration. The only problem? He wants other countries to do the heavy lifting so that we can then import the black gold. An editorial in today’s Investor’s Business Daily has the POTUS dead to rights:
Now, with a seven-year offshore drilling ban in effect off of both coasts, on Alaska’s continental shelf and in much of the Gulf of Mexico — and a de facto moratorium covering the rest — Obama tells the Brazilians:
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”
Obama wants to develop Brazilian offshore oil to help the Brazilian economy create jobs for Brazilian workers while Americans are left unemployed in the face of skyrocketing energy prices by an administration that despises fossil fuels as a threat to the environment and wants to increase our dependency on foreign oil.
Despite some of the more emotional pleas for energy independence, there’s nothing inherently wrong with importing fuel from foreign sources. In fact, developing new oil production anywhere lowers the price everywhere. However, someone might want to tell President Obama that this maxim applies to U.S. sources as well.
March 18th, 2011 at 1:48 pm
Precautionary Principle Applies to Government Assurances on Japan Radiation Levels
Environmentalists embrace the ‘precautionary principle’ in opposing human development of land. In essence, the principle boils down to better-safe-than-sorry.
Though eco-crazies use the precautionary principle as a substitute for science that empowers government, Americans on the West Coast should put the teaching to another use: being skeptical of government assurances that radiation from Japan is too little to harm humans.
As one commentator puts it:
In addition, the radiation currently being measured does not take into account radiation emitted by pools of deadly spent nuclear rods, which only began to emit serious amounts of radiation a few days ago.
We will not know the true level of the threat until the radiation particles emitted as a result of the three explosions that devastated Fukushima hits the west coast over the weekend and into Monday.
The article goes on to recount similar guarantees that turned out to be fatally false. The most recent example involved Ground Zero workers being told – erroneously – that the air on site was safe to breathe. Tragically, hundreds of ground crew workers are suffering from crippling illnesses associated with inhaling toxic substances.
Now, we’re being told that buying over-the-counter potassium iodine pills verges on alarmism. If the price of a helpful supplement puts one’s mind at ease, have at it. After all, it’s not like the president and his party can boast a sterling track record when it comes to predicting outcomes in the economy, health care or job creation.
March 15th, 2011 at 1:45 pm
Overexposed Obama Undercutting Seriousness of the Presidency
No one begrudges a man his pastimes, but veteran White House reporter Keith Koffler wonders whether President Barack Obama might be better off canceling his upcoming ESPN appearance and focusing – at least in public – on any number of world crises.
This morning, as Japan’s nuclear crisis enters a potentially catastrophic phase, we are told that Obama is videotaping his NCAA tournament picks and that we’ll be able to tune into ESPN Wednesday to find out who he likes.
Saturday, he made his 61st outing to the golf course as president, and got back to the White House with just enough time for a quick shower before heading out to party with Washington’s elite journalists at the annual Gridiron Dinner.
With various urgencies swirling about him, Saturday’s weekly videotaped presidential address focusing on “Women’s History Month” seemed bizarrely out of touch.
Koffler also notes the growing concern among members of Congress that Obama is AWOL in the deficit reduction debate, seemingly content to let the legislative branch decide whether to shut down the government if negotiations fail on Friday.
Forget debating whether this president is able to make the right decision when he gets a 3am phone call. So far, it looks like he can’t maintain focus during his regular workday.
March 15th, 2011 at 1:24 pm
Fed Board Member Gets Lesson in Real World Economics
In just a few hundred words a Wall Street Journal editorial writer summarizes how out-of-touch supposed ‘experts’ can be when it comes to how policies affect everyday Americans. The object lesson comes courtesy of New York Fed President William Dudley’s failed attempt to convince citizens in Queens that the economy is doing much better than they think.
The former Goldman Sachs chief economist gave a speech explaining the economy’s progress and the Fed’s successes, but come question time the main thing the crowd wanted to know was why they’re paying so much more for food and gas. Keep in mind the Fed doesn’t think food and gas prices matter to its policy calculations because they aren’t part of “core” inflation.
So Mr. Dudley tried to explain that other prices are falling. “Today you can buy an iPad 2 that costs the same as an iPad 1 that is twice as powerful,” he said. “You have to look at the prices of all things.”
Reuters reports that this “prompted guffaws and widespread murmuring from the audience,” with someone quipping, “I can’t eat an iPad.” Another attendee asked, “When was the last time, sir, that you went grocery shopping?”
Mr. Dudley has been one of the leading proponents of negative real interest rates and quantitative easing, so this common-man razzing is a case of rough justice. If Mr. Dudley were wise, he’d take it to heart and understand that Americans aren’t buying the Fed’s line that rising commodity prices are no big deal. Unlike banks and hedge funds, they can’t borrow at near-zero interest rates, and most of them don’t have big stock portfolios. Wall Street and Congress may love the Fed’s free-money policy, but Mr. Dudley and Chairman Ben Bernanke ought to worry about losing the confidence of the middle class.
Ronald Reagan destroyed confidence in Jimmy Carter with one simple question: “Are you better off now than you were four years ago?” Any Republican presidential hopeful that can channel the frustration in Queens into a similarly concise indictment of President Barack Obama will be well positioned to oust yet another bumbling Democratic incumbent.
Tags: 2012 presidential election, Barack Obama, Ben Bernanke, common sense, cost of living, economy, Federal Reserve, Jimmy Carter, New York, Queens, recession, Ronald Reagan, Wall Street Journal
March 14th, 2011 at 9:35 pm
Celebrated Historian Says Obama Doesn’t Get History
Washington is a town where being an intellectual means being relentlessly synchronized with the conventional wisdom, no matter how vapid. That’s how President Obama (no doubt a smart man by any reasonable standard — all presidents are, almost inevitably) has been elevated to the commanding heights of the cognitive elite by the Beltway press corps. Not so fast, says one guy who actually knows what he’s talking about.
In one brief run in a piece in the new edition of Newsweek, famed Harvard historian Niall Ferguson absolutely eviscerates President Obama’s glib reading of revolutionary history:
President Obama is reluctant to intervene in the bloody civil war now underway in Libya. As a senior aide told The New York Times last week, “He keeps reminding us that the best revolutions are completely organic.” I like that notion of organic revolutions—guaranteed no foreign additives, exclusive to Whole Foods. I like it because, like so much about this administration, it is both trendy and ignorant.
Was the American Revolution “completely organic”? Funny, I could have sworn those were French ships off Yorktown. What about Britain’s Glorious Revolution, the one that established parliamentary rule? Strange, I had this crazy idea that William III was a Dutchman.
The reality is that very few revolutions, good or bad, succeed without some foreign assistance. Lenin had German money; Mao had Soviet arms. Revolutions that don’t get some help from outside aren’t so much inorganic as unsuccessful.
President Obama is that cocky student always ready to wow the class with a raised hand and a lithe tongue. Dr. Ferguson is the kid who actually read the material and, after a certain point, just can’t take the prima donna’s hollow showboating. Nice work, Dr. F.
March 14th, 2011 at 12:53 pm
Unions, Environmentalists at War over EPA Regulations
Since at least the FDR era, the Democratic Party has served as an umbrella for a motley coalition of special interest groups that have only one thing in common: demanding action from government. Most of the time, the competing priorities of the groups don’t come into direct conflict. But when they do, it is a delight to sit back and watch each carve up the other.
Today’s example comes from the pages of the Wall Street Journal. Apparently, businesses in the energy sector aren’t the only ones fighting the Obama Administration’s job-killing EPA regulations. Labor unions like the Utility Workers Union of America and the United Mine Workers are demanding a ceasefire on cap-it-or-close-it regulations that could force companies to close 18% of the nation’s coal factories if they fail to comply with the EPA’s proposed climate change rules.
Unions recognize that without factories workers get fired. Environmentalists don’t want to budge on what the Natural Resources Defense Council calls “the biggest public health achievement” of the Obama Administration.
Simple math is likely to break the stalemate. Unions in coal states account for millions of campaign contributions and thousands of votes. With Ohio, Pennsylvania, Michigan and Wisconsin all flipping from Obama in 2008 to the Republicans in 2010, don’t count on the president to sacrifice his reelection chances on the altar of green jobs.
If he does, union voters – and their dollars – just might stay home in 2012.
Tags: 2012 Elections, Barack Obama, Climate Change, Coal, energy, Environmental Protection Agency (EPA), Environmentalism, Green Jobs, Michigan, Ohio, Pennsylvania, Unions, Wisconsin
March 10th, 2011 at 7:51 pm
Obama, Clinton Dither While Cameron, Sarkozy Act
Somebody better tell Team Obama that world crises abhor leadership vacuums. With Secretary of State Hillary Clinton incapable of acting without a UN permission slip, American allies are taking matters into their own hands.
British Prime Minister David Cameron is pressing for a no-fly zone. French President Nicolas Sarkozy granted diplomatic recognition to Libya’s opposition, and will open an embassy in the rebel capitol of Benghazi.
It’s clear Britain and France aren’t waiting for Belize and Lichtenstein to approve sensible responses to the Libyan crisis. Is President Barack Obama so contemptuous of America’s superpower status that he’s willing to cede its leadership role to countries whose foreign policy significance ended with the demise of their colonial empires?
March 2nd, 2011 at 2:51 pm
Chris Christie Claims He Would Win If He Ran
Previous threats of suicide notwithstanding, Governor Chris Christie (R-NJ) isn’t doing much these days to tamp down speculation he might run for president next year. In an interview with National Review, Christie says he knows he could win the presidency if he ran. The issue holding him back is his belief that he isn’t ready to be successful.
He added, “The issue is not me sitting here and saying, ‘Geez, it might be too hard. I don’t think I can win.’ I see the opportunity both at the primary level and at the general election level. I see the opportunity. But I’ve got to believe I’m ready to be president, and I don’t. And I think that that’s the basis you have to make that decision.”
“I think when you have people who make the decision just based upon seeing the opportunity you have a much greater likelihood that you’re going to have a president who is not ready. And then we all suffer from that. Even if you’re a conservative, if your conservative president is not ready, you’re not going to be good anyway because you’re going to get rolled all over the place in that town.”
The most attractive aspect of Christie’s character is his ability to be direct and honest in public. It’s true that history waits for no man, but Christie is watching President Obama make the kind of rookie mistakes on governing, foreign policy, and communication that Christie – rightly – wants to avoid.
America could use more self-aware politicians like Chris Christie in 2012, 2016, and beyond.
March 1st, 2011 at 6:28 pm
Obama Makes Phony Concessions on Health Care Implementation
Over at The Corner, the incomparable Yuval Levin has a great explainer on why President Obama’s accomodationist tone on health care in yesterday’s White House speech to the National Governors Association was a headfake. He notes:
Speaking to a group of governors yesterday, the president said he would support legislation that would allow states to opt out of some of Obamacare’s requirements (including the individual mandate, the employer mandate, and the state exchanges) if they show they can achieve exactly the same results in some other way. Obamacare itself actually already contains such a provision, but it would allow states to apply for such waivers starting in 2017—after these mandates and requirements have been in place for three years. Obama now says he would let states apply for waivers in 2014, when the new rules begin.
This change of heart, like the one regarding the CLASS Act, is a concession to the fact that the law’s requirements are understood by many state officials (of both parties) as immensely burdensome and problematic. But like the one regarding the CLASS Act, it is also not an actual concession in practice. The states would be required to show that their alternative policies would provide the same or greater insurance benefits to the same or greater number of people, presumably as assessed by HHS. So it allows no flexibility regarding ends, and therefore very little flexibility regarding means. In fact, while it would allow conservative-leaning governors essentially no freedom to move in the direction of greater competition and more consumer-driven
health care (which conservatives tend to see as the actual path to reducing costs and therefore insuring more people while improving quality) it would give liberal-leaning governors significant freedom to move in the direction of more government control. Indeed, as the
New York Times notes today, while the approach Obama supports would not allow for many consumer-driven reforms it “might allow interested states to establish a single-payer system in which the government is the sole insurer.”
Leave it to Barack Obama to think that the road to the political center runs through making it easier to establish single-payer health care. And leave it to the American people to disabuse him of that notion.
February 28th, 2011 at 7:21 pm
Obama Damns Romney with Faint Praise
Though the 2012 presidential season hasn’t started quite yet, former Massachusetts Governor Mitt Romney earned an endorsement earlier today that he’s probably not too happy about. While addressing the National Governors Association at the White House, President Obama complimented his would-be challenger in a fashion that will come back to haunt Romney come primary season. As USA Today reports:
In telling critical GOP governors they could develop their own health care plans, Obama said, “I know that many of you have asked for flexibility” under the new federal law.
“In fact, I agree with Mitt Romney, who recently said he’s proud of what he accomplished on health care in Massachusetts and supports giving states the power to determine their own health care solutions,” Obama said.
In a limited sense, Romney should take the remarks as a compliment. Though Obama’s invocation of the Massachusetts health care plan is partially intended to make Obamacare seem centrist, the president also knows that it will cause grief for the former governor with the GOP rank and file. As such, it’s a sign that Romney is a potential opponent Obama wouldn’t mind seeing knocked out of contention.
In a bigger sense, however, Romney is stuck with an albatross. Ask most conservatives what they consider the greatest sin of the Obama Administration and they will point to the government takeover of health care without hesitation. For any potential Republican presidential candidate, having an executive record that includes creating the program that Obama cites as his intellectual template is devastating.
Translation: it may be bad for Romney that Obama took a shot at him. But it’s much worse that Romney gave him the ammunition.
February 25th, 2011 at 1:54 pm
Dems Are Wrong to Think Govt. Shutdown is a Win for Them
Not so fast, says Fox News columnist Chris Stirewalt. An important difference between the 1995 shutdown that empowered President Bill Clinton was the lack of public anxiety over the $4.97 trillion debt. Now, it’s $14 trillion plus, “a sum equal to the size of our entire economy.”
If Democrats in Washington make the same miscalculation as Democrats in Wisconsin, they will suffer brutally at the next election. Shutting down the government in favor of public employee unions or unsustainable federal spending is a fool’s strategy. With President Barack Obama and party leaders like Senator Chuck Schumer (D-NY) daring House Republicans to stand firm on budget cuts, expect to see thousands of pro-shutdown protestors flood Washington if government buildings go dark.
If dormant long enough, perhaps some of those buildings – and the agencies that house them – will never be revived. The debt and spending issues are more important now than in 1995. If Democrats fail to realize that, they may help hasten a reduction in government overall.
February 24th, 2011 at 6:39 pm
Italy’s Berlusconi Too Good to Gaddafi
Time magazine reports that scandal-plagued Italian Prime Minister Silvio Berlusconi can add another rotten olive wreath to his spoils: first friend of Libyan dictator Muammar Gaddafi. Berlusconi’s acts of fealty include not only a bow to the strongman, but also kissing his hand.
Not even President Barack Obama has gone that far (yet).
February 18th, 2011 at 6:36 pm
The Mayhem in Madison
If you ever doubted the indivisibility of disparate Leftist causes, then for proof look no farther than Madison, WI. A community organizer-turned-POTUS is sending his minions to supplement Badger State public employee unions. Jesse Jackson is leading a march in support of workers’ rights. (Apparently, the only color in Jackson’s Rainbow/PUSH Coalition these days is red.)
All we need now is a cadre of eco-friendly celebrities to descend on the Wisconsin state capitol and declare their love for collective bargaining (while demanding A-list treatment in their next film contract). With the battle over union overreach spreading to other states, this may the beginning of a very tense year in states across the country.
February 11th, 2011 at 2:21 pm
GOP 2012 Hopefuls Shouldn’t Commit a False Start By Announcing Too Early
Apologies for the post-Super Bowl football metaphor, but Jay Cost’s newest commentary made me do it. Cost argues that “The Fred Thompson Experience” proved that the right strategy for announcing a presidential candidacy is to wait until voters actually start tuning in to candidates. That doesn’t happen 21 months before the election. By letting his rivals expend time and money placating the media’s interest for months, Fred Thompson easily catapulted to the front of the line for one simple reason: he was new to the field. (His failure to capitalize was another matter.)
For just about every serious GOP contender speaking at CPAC this weekend the temptation will be to ride the media wave into an early announced run for president. After reading Cost’s analysis, perhaps they should wait until the House GOP and President Barack Obama have sparred this year to see which issues are the most relevant when voters start caring.
February 10th, 2011 at 8:08 pm
Trump on the Campaign Trail?
Though skeptical of a Donald Trump presidential administration, show me in the Yes column for a spirited campaign by the billionaire. For rhetorical firepower and the brashness to speak truth without consequences, there may be no more entertaining presidential hopeful than The Donald. Consider this description of his speech today at CPAC:
“The United States has become a whipping post for the rest of the world,” Trump said. “The world is treating us without respect. They are not treating us properly. America today is missing quality leadership, and foreign countries are quickly realizing this.”
Trump laced his speech with heavy criticisms of President Obama and declared himself to be pro-life, against gun control and an opponent of the health care reform law. He said that Obama “came out of nowhere” and seemed to question the president’s documented personal history, claiming that people who went to school with Obama “never saw him. They don’t even know who he is.”
On foreign policy, Trump sounded particularly skeptical of the intentions of China and the OPEC nations and said that if he had “an admiral and a couple good ships” to deal with Somali pirates, he would “blast them out of the water so fast.”
The best result of a Trump presidency? Seeing him turn around during his inaugural speech, look President Barack Obama in the eye and say, “You’re fired.”
H/T: Scott Conroy of Real Clear Politics
February 4th, 2011 at 10:25 am
Unemployment: On Eve of Reagan’s 100th Birthday, Let’s Compare Presidents
In its monthly report this morning, the Labor Department announced that unemployment has now remained at or above 9% for a post-World War II record 21st consecutive month. Additionally, it reported just 36,000 new jobs, well short of the expected 140,000 number.
On the eve of the 100th anniversary of Ronald Reagan’s birth, these numbers contrast the results of a big government agenda versus a free market agenda. In the 23 months since Obama’s massive $1 trillion “stimulus” passage, unemployment has increased from 8.2% to 9%. One would expect better results in exchange for deficits of $1.4 trillion in 2009, $1.3 trillion in 2010 and an expected record $1.5 trillion this year. Keep in mind that Obama projected that if we followed his big government agenda, unemployment would be down between 6% – 7% by now. In contrast, the 23 months following the effective date of Reagan’s tax cuts in January 1983 saw unemployment plummet from 10.4% to 7.2%.
The facts speak for themselves. Inexplicably, Obama nevertheless called for even more federal “stimulus” in his State of the Union address. As we celebrate the Gipper’s 100th birthday, we should remember the timeless lesson taught by his freedom agenda’s success.
Tags: Barack Obama, budget, deficit, Economics, economy, free market, Jobs, Labor Department, Obama, spending, Stimulus, tea party, unemployment
February 2nd, 2011 at 10:00 pm
From the “You Can’t Make This Stuff Up” Department
Gossip Cop has learned exclusively that President Obama has invited Jennifer Lopez and Marc Anthony to watch the Super Bowl with him at the White House.
Lopez’s rep confirms to Gossip Cop that the invitation was extended, and now Lopez and Anthony are arranging a trip to Washington to watch the Pittsburgh Steelers take on the Green Bay Packers with the Commander-in-Chief.
Let’s review. This Sunday, the President of the United States will welcome two of the biggest Latin pop stars of the last decade to watch a Super Bowl featuring a team owned by his Ambassador to Ireland, preceded by an exclusive interview that he’s giving to a Fox News host. We’ve gone through the rabbit hole, people.
February 1st, 2011 at 7:35 pm
MSNBC Incapable of Detecting Satire
In a recent Freedom Minute, we told you how MSNBC’s journalistic irresponsibility included an incident where Rachel Maddow falsely accused a Republican Congressman of having advance knowledge of the Oklahoma City bombing and failing to act. Apparently, Maddow’s show hasn’t added any fact-checkers since that earlier faux pas.
On last night’s broadcast, Maddow lit into a litany of conservative critics of President Obama’s Egypt policy. One of her targets, however, deserves special attention. According to the Atlantic Wire:
The Internet’s finest satirists hooked a big fish in the media world last night. In an embarrassing segment on her MSNBC show, Rachel Maddow slammed conservatives for attacking President Obama’s Egypt policies. Her targets included Kentucky Senator Rand Paul, former ambassador to the UN John Bolton and Stephenson Billings at ChristWire.org. Only problem is Stephenson Billings is not a real person. He’s a fictional byproduct of a website that also warns readers that the Xbox Kinect is a terrorist training tool and the Japanese have created scary robot babies which “threaten humanity.”
The article that caught Maddow’s eye called for an “American-led invasion” into Egypt and begged former Alaska governor Sarah Palin to lead the war cry.
“The escalating crisis in Egypt could become a defining moment for Sarah Palin,” Billings wrote. “Governor Palin needs to speak out publicly and forcibly for an American-led invasion to protect our interests in North Africa.”
It’s embarassing to see any supposedly mainstream news show get duped like this. But when a show as self-consciously snarky as Maddow’s can’t detect satire, it’s also a nice bit of poetic justice.