Tuesday, February 12, 2013
National Prayer Breakfast speaker attracts attention and criticism
Tuesday, February 05, 2013
There is great turmoil in the land as Obama’s second term begins
Tuesday, October 30, 2012
One week out: The case against President Barack Obama’s re-election
Commentary by James H. Shott
Four years ago the left was filled with optimism and poised to win the presidential election. The Democrats had nominated the first African-American candidate for President of the United States, and millions were spellbound, and buoyed by his message of hope and change.
During his acceptance speech at the Democrat Convention, Barack Obama said, “we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal; this was the moment when we ended a war and secured our nation and restored our image as the last, best hope on Earth.” The crowd went wild.
And it was about time we did those things. We had never cared for the sick before or provided jobs to the jobless. Or ended wars or been the last, best hope on Earth before.
In a campaign amazingly light on detail and substance, a dreadfully inexperienced Barack Obama won the election.
When he assumed office the country was in the midst of a recession, one President Obama frequently refers to as “The Great Recession.” As time passed and things didn’t improve as promised, this title has become a tool to make the downturn seem worse than it was to excuse his dismal performance on the nation’s crushing economic problems. Data show that other recessions were worse in one or more aspects than this recession, and while significant, the 2008 recession does not rate the honorific the president bestowed on it.
What does deserve our attention is the non-existent Obama recovery, which still has not taken hold 56 months after the recession began.
President Obama claims 5 million new jobs have been created during his term, but for the 37 weeks of 2012 through Sept. 15 the weekly new unemployment insurance claims average roughly 374,000, a total that dwarfs 5 million new jobs in just 37 weeks.
The U-6 unemployment rate stands at 14.6 percent as of September 30, and includes the unemployed, under-employed and those who have given up looking for work, a total of 22.6 million people.
Mr. Obama increased the national debt from $10.6 trillion on Jan. 20, 2009 by 51 percent, or $5.4 trillion, through a failed stimulus and a government spending spree. Despite spending all that borrowed money, since Q3 2009 GDP has averaged only 2.17 percent, substantially lower than the 3.25 percent average GDP through expansions and contractions since 1947.
Median household income has declined by 7.3 percent, and last year the Census Bureau reported more Americans in poverty than ever before in the more than 50 years that it has tracked poverty. Ironically, the group that has suffered the most during the Obama presidency has been black Americans, whose real incomes have fallen by more than 11 percent.
Had Mr. Obama set out immediately to address joblessness, and championed policies to spur the economy we would be far better off than we are. Instead, he wasted two years getting a bill passed to revamp the nation’s healthcare system, against the will of 60 percent of the people he serves.
Yet, the president does not regret wasting two years on Obamacare instead of focusing on the economy. In an interview with the Des Moines Register Mr. Obama said he had no regrets that he didn’t focus on the nation’s most pressing issue. “Absolutely not,” he said.
The dismal economic performance affects us all; however, the most remarkable failure is the scandalous behavior of the Obama administration before and after the terrorist attack on the U.S. consulate in Benghazi, Libya, where during a seven-hour attack four Americans were murdered. There was a reduced level of security before the attack, despite numerous requests to maintain the higher levels and even increase those levels because of recent attacks on U.S. facilities and mounting levels of violence.
Requests for help during the attack, including requests from personnel stationed nearby who wanted to help were denied. And worst of all, adequate answers to the many legitimate questions about what actually happened still have not been provided fully seven weeks after the attack. It is difficult to avoid assigning political motives to this behavior, which appears at this point as a clumsy cover-up to get through the election.
Add to this the Fast and Furious gun-running debacle, the ridiculous job-killing ban on drilling for our own oil on federal lands, and the war on coal killing thousands of coal jobs and thousands more in related industries like power plants, railroads and support businesses, and there simply is no reason to give this man more time to wreck the economy.
Barack Obama is not the god-like figure his fawning fans believe him to be, but a very average man who allowed the nation to continue to suffer while he pursued his ill-advised ideological goals.
On the campaign trail he now says, “I want your vote for what I’m going to do.” But we’ve heard that one before, and we can’t afford to fall for it again.
Cross-posted from Observations
Tuesday, September 11, 2012
Exactly what does being “better off than four years ago” look like?
Commentary by James H. Shott
The DC newspaper The Hill has a new poll that found 52 percent of likely voters believe the country is now in "worse condition" than four years ago, while just 31 percent believe it's in "better condition."
It is pretty clear that people believe they are not better off today than four years ago, but what would things look like if we were better off today?
Well, for example, if your home was worth $80,000 in September of 2008 it should not be worth less today and perhaps should have gained a little value. Or, if you were out of work then, you should have a job today, and if you had a job then, you should perhaps be making a little more today. It should not cost you much more to fill your car with gas, and trips to the grocery store should cost about the same today as then.
However, most Americans cannot make such claims today. Most homeowners have lost value in their homes; more than 34 million of us are unemployed, underemployed, or have exhausted unemployment insurance and become so discouraged that we have given up looking for work; gasoline prices have doubled, food and health care prices have increased; and relatively few have seen their wages increase.
The jobs numbers released last Friday reflect feeble job creation in August. Just to stay even with the new people entering the job market each month the economy must create 125,000 jobs, and to make progress in replacing those jobs lost during the recession we need lots more new jobs than that. The 96,000 new jobs created in August falls 29,000 jobs short of what’s needed just to stay even.
The U-3 unemployment rate fell from 8.3 to 8.1 percent. It most often is a good sign when the U-3 rate falls, but the fact that for every job created four people gave up looking for work and dropped out of the active work force means no good news there.
Economist James Fitzgibbon of the Highlander Group said that "If we impute the data samplings of non-working citizens at the labor force rate of January 2009 we would have a Household U-3 Unemployment rate currently of 11.4%." That isn’t better than four years ago, either.
Mr. Fitzgibbon then addresses the effect on the Labor Force Participation rate of the 368,000 people who dropped out of the labor force last month, which "has fallen sharply to 63.5 percent, a new 31-year low reading."
Add to that the fact that from June 2009 to June 2012, inflation-adjusted median household income fell 4.8 percent, to $50,964, according to a report by Sentier Research. The report notes that incomes have dropped more since the beginning of the recovery than they did during the recession itself, when they declined 2.6 percent. That certainly does not indicate we are better off than four years ago.
Yet, Vice President Joe Biden said last week at a campaign appearance at an AFL-CIO event just before the beginning of the Democrat National Convention that his answer to the question “Are you better off than four years ago,” is “yes, we are.”
"You want to know whether we're better off? I've got a little bumper sticker for you: Osama bin Laden is dead and General Motors is alive," Mr. Biden proclaimed.
After 43 months in office, the vice president cites only two things to support the idea that we are better off than four years ago, both weak. As good as it is that bin Laden has been dispatched to his just reward, whether he is alive or dead is totally irrelevant as a measure of whether Americans are better off today than four years ago. The other one, General Motors, is not looking quite as bright and shiny as the vice president seems to think it is.
The company is losing market share; its products are not competitive in the American market. The federal government owns 500,000,000 shares of GM, or about 26 percent of the company, which earned it the nickname “Government Motors.” The government not only cheated GM bondholders out of their investment when it acquired the stock, but would need to get about $53.00 a share to break even on the “investment,” but the stock currently sells for about $20.21 a share. The government has $10.1 billion worth of stock, and sits on an unrealized loss of $16.4 billion.
President Barack Obama showed what he thinks is important when he put his ideology ahead of what Mr. Biden termed his “profound concern for the average American.” His first priorities were taking over the healthcare system and force-feeding green energy to the American people. That put energy industry workers out of work, cost Americans millions in higher prices, and lost a pile of taxpayer money. But like the man said, “You don’t ever want a good crisis to go to waste.”
The President’s foolish, ham-handed decision to focus on health care and green energy have damaged, not improved, the economy, and as Clint Eastwood so perceptively noted in Tampa, “When somebody doesn’t do the job, we gotta let ‘em go.”
Cross-posted from Observations
Tuesday, August 14, 2012
Odds and ends: Random thoughts on the passing scene
The Center for Immigration Studies released a detailed report that correlates high levels of illegal/legal immigrant poverty as contributing to the increase in welfare programs in the U.S.
A study by the Federation for American Immigration Reform shows that illegal immigration costs U.S. taxpayers about $113 billion a year at the federal, state and local level. About $84 billion is absorbed by state and local governments.
Strong border control by the federal government, and eliminating federal interference with state efforts to control illegal immigration could substantially reduce this wasteful expense.
According to Richard Fisher, president of the Federal Reserve Bank of Dallas, “Texas is doing so well relative to other states precisely because it has rejected the economic model that now prevails in Washington. … Texas stands out for its free market and business-friendly climate.”
Among other factors, Texas has right-to-work laws, ongoing tort reform, has no state income tax, and has generally been a fiscally responsible state. As a percentage of its economy, the state’s budget is lower than the majority of other states.
The Washington Post reports, however, that Republican candidate Romney left Bain Capital two years before the GST’s 2001 bankruptcy; Politico notes that Ranae Soptic died in 2006, long after the plant closed; and CNN reports that at some points during that time she had insurance through her own employer.
Hmmm.
Senator Majority Leader Harry Reid (D-Nev.) said in an interview with the Huffington Post recently that someone had called him to tell him that Mitt Romney didn’t pay taxes for 10 years. "Harry, he didn't pay any taxes for 10 years," Reid recounted the person as saying. "He didn't pay taxes for 10 years! Now, do I know that that's true? Well, I'm not certain," Senator Reid said.
A very good friend of mine who lives and works in Washington, DC, called me after hearing this, and said that “ol' Harry has been seen frequently peeking in Nancy Pelosi's windows and eating at Chick-fil-A.” Well, that’s what he said.
Paraphrasing a popular saying, there are lies, damned lies, and the Obama campaign.
These forms are among tens of thousands being distributed in Virginia by Voter Participation Center, a Washington-based national voter-registration group. The organization pre-populates the documents with key information, including names and addresses of prospective voters. This worries election officials, who say the mailings can create opportunities for voter fraud.
But, of course, Attorney General Eric Holder opposes requiring voters to show proof of their eligibility, saying that doing so would suppress voter participation.
However, the success of American Olympic athletes and the success of American small businesses are analogous.
Like business people who didn’t build the roads, and other infrastructure that they used to make their companies successful, the Olympic athletes didn’t build the training facilities or the fields and courts that they utilized to become successful in their sport, and they didn’t start the Olympic Games that they now participate in.
They didn’t earn those medals. Somebody else did that.
Ah, yes, the 50s, when health care costs were so low you didn’t need health insurance (and it wasn’t even available); where you didn’t call the doctor or go to the hospital unless you were really sick; where doctors made house calls; a day in the hospital cost tens of dollars; healthcare was about 5 percent of GDP; “prospecting” lawsuits didn’t exist ... some things back then were way better than today.
A new Congressional Budget Office report says that under Obamacare, 30 million non-elderly Americans will remain without health insurance in 2022.
Wasn't the whole reason for Obamacare destroying our healthcare system to insure the uninsured?
Cross-posted from Observations
Tuesday, July 03, 2012
Tortured reasoning transforms an unconstitutional mandate into law
Commentary by James H. Shott
Last week U.S. Supreme Court Chief Justice John Roberts joined Justices Antonin Scalia, Clarence Thomas, Samuel Alito and Anthony Kennedy in correctly identifying the individual mandate in the Patient Protection and Affordable Care Act as unconstitutional. That is what the Supreme Court is expected to do: follow the original intent of the authors, who created a document to protect America from over-reaching government actions like this one.
Writing for the Court’s majority, Chief Justice Roberts said: "The individual mandate, however, does not regulate existing commercial activity. It instead compels individuals to become active in commerce by purchasing a product, on the ground that their failure to do so affects interstate commerce." He continued, correctly identifying the chaos that would result from finding the mandate constitutional: "Construing the Commerce Clause to permit Congress to regulate individuals precisely because they are doing nothing would open a new and potentially vast domain to congressional authority." Exactly. But the majority didn’t stop there.
Instead they decided the individual mandate is not really a mandate, it is a tax, essentially rewriting the statute and thereby making “Obamacare” the law of the land. But if, as Justice Roberts wrote, you cannot regulate individuals “because they are doing nothing,” how then can you tax individuals because they are doing nothing? This turns the definition of “taxation” on its head, taxes typically being levied on working, buying and owning, as opposed to levying taxes on not working, not buying, or not owning.
What exactly caused the Chief Justice, criticized by liberals for his judicial conservatism, to depart from his expected position? Many of those familiar with his thinking say the decision is in keeping with his values — conservative in his judicial views, but also considering the Court’s reputation. If the Court is seen as too conservative – adhering to the Constitution’s original intent too often – it may become unpopular with liberals.
Others believe he worked a brilliant bit of judicial magic by striking down the mandate, but upholding the statute’s constitutionality as a tax, preserving President Barack Obama’s signature accomplishment and allowing him to save face, but at the same time giving the law’s opponents a way to correct its many flaws.
Whatever the motivation, the ruling unfortunately opens the door for darn near any activity – or lack of activity – to be taxed by the federal government. As the legendary Chief Justice John Marshall famously said, “The power to tax is the power to destroy.”
Andrew P. Napolitano, former judge of the Superior Court of New Jersey, writing in The Washington Times, sees it this way: “If the feds can tax us for not doing as they have commanded, and if that which is commanded need not be grounded in the Constitution, then there is no constitutional limit to their power, and the ruling that the power to regulate commerce does not encompass the power to compel commerce is mere sophistry.”
This statute epitomizes dishonorable legislative methodology and bad law-making. Obamacare has been very unpopular with the public since it was first hatched, and it still is. Yet the Democrat majority in the House of Representatives lurched ahead, conceiving the bill behind locked doors, and the 2,700-page monstrosity was passed by the House before members even had time to read it. Remember then-House Speaker Nancy Pelosi arrogantly telling American citizens that they couldn’t know what was in the bill until Congress passed it? Senate Democrats bought enough votes with pricey concessions to key states to eventually pass the bill.
The measure was advertised vociferously by President Obama and his fellow statists as a mandate, not a tax, and it would not cause any American “making less than $250,000 a year to pay one dime more in tax.” The Act has now been upheld by the highest court in the land because it is a tax, not a mandate, and among the 21 new taxes are seven affecting those making less than $250,000 a year, some already in effect, according to Forbes.com.
They are: 1. The Individual Mandate Excise Tax, the higher of $1,360 or 2.5 percent of adjusted gross income; 2. The Over-The-Counter Drugs Trap denying use of pre-tax funds in special accounts to buy over-the-counter medicines for allergy relief and the like without a doctor’s prescription; 3. The Healthcare Flexible Spending Account Cap of $2,500; 4. The Medical Itemized Deduction Hurdle, increased from 7 to 10 percent of adjusted gross income; 5. The Health Savings Account Withdrawal Penalty of 20 percent, up from 10 percent; 6. The Indoor Tanning Services Tax of 10 percent; 7. The Cadillac Health Insurance Plan Tax of 40 percent.
The Democrats are celebrating their prize legislation’s Alice-in-Wonderland survival of judicial review, but now have to figure out how to explain to the American people that the bill they swore was not a tax on the poor and middle class really is a tax on the poor and middle class, in fact, the biggest tax hike in history.
You cannot sensibly praise the Supreme Court for upholding your flawed law, and then claim that the basis upon which it was upheld was incorrect. That twisted logic is beyond even the Obama administration.
Cross-posted from Observations
Tuesday, June 19, 2012
Did The New York Times Change Their Headline And Article Wording To Protect Obama On Amnesty Decision?
It would be nice if the president was as concerned about the 23 million Americans looking for work in America as he is about the 12 million undocumented individuals the president claims are looking for work in America," Rep. Ted Poe (R-Texas) added.
While writing the previous piece I ran across a New York Times article which had a changed headline after publishing and changed content within the article and it made me question whether those changes were made to protect Barack Obama after his controversial decision to grant amnesty to 800,000 illegal immigrants and offer them indefinite work permits here in the United States.
Original Headline from New York Times, dated June 18, 2012: Many American Workers are Underemployed And Underpaid". NYT changed that headline to "Lost in Recession, Toll on Underemployed and Underpaid."
URL shows the original headline: http://www.nytimes.com/2012/06/19/us/many-american-workers-are-underemployed-and-underpaid.html?pagewanted=all
Not only did the NYT change the headline but a screen shot of the yahoo search result shows they also changed the wording within the article:
Now it says:
But many middle-class and working-class people who are fortunate enough to have work are struggling as well......
Strange that they took out the words "American Workers" from their headlines and "Americans" from the original written article? Yes or no?
NYT article link here.
Are the New York Times' editors attempting to hide the fact that Obama's amnesty decision will take jobs from American workers and give them to illegal immigrants?
Cross posted from Wake up America

