October 30, 2013
Remember how the auto bailout was going to save Detroit (it didn’t) and keep American auto companies out of bankruptcy (it didn’t)? Another one of President Obama’s promises was that taxpayers would see full repayment of the bailout loan, about $60 Billion. Today the US Treasury reported a $9.7 Billion loss on the sale of the GM stock portion of the bailout. Details here.
October 29, 2013
Ouch! Victor Davis Hanson asks the pertinent question, “Is Obama Still President?” and then details the major failures and scandals of the current office holder. Hanson’s conclusion is that half the world actively ignores Obama while the other half doesn’t care about him at all.
Update: Apparently, Dennis Prager agrees.
October 28, 2013
Was the pre-dawn raid of a Maryland reporter’s home by federal and state officials a violation of Constitutional protections? It sure seems so. Read the description of what happened here or here, and decide for yourself.
U.S. Constitution, Amendment I
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.
U.S. Constitution, Amendment IV
The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
October 23, 2013
Remember when President Obama promised you’d be able to keep your current healthcare plan under the ACA? 16 million Americans won’t because their current plans don’t meet ACA standards. Their current plans are cancelled, and they will need to re-enroll, most likely with higher premiums. Even those whose current healthcare plans do meet ACA standards may find changes, such as increased out-of-pocket expenses, reduced coverage amounts or limits on services covered.