Obamanomics: A Picture is Worth a Thousand Words: Are you worth less now than you were 17 years ago? The median American family is. Lots more graphs in the click through …
Obama's Imperial Presidency Guts Welfare Reform: The imperial Presidency has overturned Congress and the law again. Not content to stop at rewriting immigration policy, education policy and energy policy, yesterday, President Obama's Department of Health and Human Services (HHS) released an official policy directive rewriting the welfare reform law of 1996. The new policy guts the federal work requirements that were the foundation of the Clinton-era reform.
On the verge of earth-shattering change - American energy breakthroughs undo conventional wisdom: Horizontal drilling and fracking have made oil shale and tar sands rich sources of oil and natural gas, so much so that the United States may prove to possess the largest store of fossil-fuel reserves in the world — in theory, with enough gas, oil and coal never to need any imported Middle Eastern energy again. “Peak oil” suddenly is an anachronism. Widespread American use of cheap natural gas will do more to clean the planet than thousands of Solyndras.
If the United States uses its resources, its present pathologies — massive budget and trade deficits, mounting debt, strategic vulnerability — will start to subside. These new breakthroughs in petroleum engineering are largely American phenomena, reminding us that there still is something exceptional in the American experience that periodically offers the world cutting-edge technologies and protocols — such as those pioneered by Amazon, Apple, Google, Microsoft, Starbucks and Wal-Mart.
We Need to Change the Politicians: “In many troubled relationships, both sides deserve some of the blame,” write pollster Scott Rasmussen. “But the United States is a nation founded on the belief that governments gain their legitimacy only from the consent of the governed. In the relationship between the people and the Political Class, that means the voters are right, and the politicians need to change.” … Or we need to change the politicians.
"The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank." -- Milton Friedman
Raising dogs instead of kids? Mitt Romney may well win this election. I hope he does. The Obama Alternative Universe would be an exponentially fast descent into serfdom; he has already laid that groundwork. But Mitt Romney can’t fix the broken family model in four or even eight years. That is up to future generations changing their minds about having a family, and making that choice soon. I do not know what to say to those who do not want a child, and instead prefer a dog [or dogs]. I guess I’d warn that someway, somehow you are going to regret not having those children. In any case, you will still be raising all of those other babies born out-of-wedlock, injured by broken social systems, and lacking parental tenderness, love and care. My wife and I tried to adopt children. We were empty nesters and we were in our fifties. After personally experiencing failed promises, broken hearts & broken kids, and seeing how miserably the states and feds manage their adoption and foster systems nationally, and in California and Florida in particular, we gave up … after four years of trying.
TWEETS & QUOTES
OK to kill Christians? State Dep’t Defends Decision Not to Designate Boko Haram a Terrorist Organization
WOW! We are now working six months to pay for the cost of government... without paying off any debt! [And we are still considered free people?]