We hold this truth to be self evident

(Click image to enlarge)


Indeed.

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The Obama debt: It's worse than you think

Much worse:

Edmund Conway:

".... Exhibit A is the fact that under the Obama administration's current fiscal plans, the national debt in the US (on a gross basis) will climb to above 100pc of GDP by 2015 - a far steeper increase than almost any other country."

John Hinderaker:

"The Democrats in Washington are both too stupid and too ideologically committed to read the writing on the wall. They are leading the United States over a financial cliff, and they have no intention of turning back. On the contrary: if they can, they will hobble our economy further by enacting a carbon tax.

There is only one way to stop them, and to save our children--from whom greedy, selfish Washington liberals are borrowing trillions of dollars--from a lifetime of debt. The Democrats must be voted out in 2010, and Barack Obama must be denied a second opportunity to deconstruct the country that he doesn't much like."

Government "job creation": Just a myth, or is it an outright lie?

Kenneth Green: "Slapping Green Lipstick on the Job Creation Pig"

Noteworthy:

"President Obama is traveling around bragging about how his government is creating jobs, and will create more. But this is bunk: the myth of 'government job creation' has been busted more times than Tiger Woods’ pretensions to monogamy. In fact, in my area of study, energy and environmental policy, nearly everything that the president and his allies in Congress are doing is likely suppressing job growth, if not killing jobs outright."

"Jobs created or saved"!

What a sick joke played on the American people......

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Net "Neutrality" Truth of the Day

Center for Individual Freedom:

"'Net Neutrality' is nothing short of an effort to place yet another sector of our economy under federal control. But don’t take our word for it. Consider the words of Robert McChesney, founder of Free Press and the leading activist voice supporting 'Net Neutrality:'

'What we want to have in the U.S., and in every society, is an Internet that is not private property, but a public utility. We want an Internet where you don’t have to have a password and that you don’t pay a penny to use. It is your right to use the Internet.' "

Obamacare's failure is obvious

It was a certainty to happen, but the onset of failure has been quick:

"Since the law's passage, the news about it has been been unrelentingly bad. With each passing it day, it looks more likely that costs will go up, businesses will face, bureaucratic burdens, and many individuals will lose their current health care plans—just as the law's critics predicted before its passage.

Already, businesses small and large are warning of the ill effects of the law's changes to the tax code. In order to generate the nearly $1 trillion necessary to pay for the law, its authors scoured the tax code looking to squeeze out more money where ever possible. And sure enough, within a few days of its passage, a handful of big companies took tax write downs in response to changes in the tax treatment of an existing drug subsidy. An estimate by Credit Suisse puts the total damage across the economy at around $4.5 billion—with $1 billion coming from AT&T alone.

....Meanwhile, cost projections continue to spiral upwards. The Congressional Budget Office now reports that the law will require an additional $115 billion in previously unreported (and yet unpaid-for) discretionary spending. Medicare's actuary has reported that total medical spending in the U.S. will actually go up and that crucial cuts to Medicare—cuts being used to pay for the law's new entitlement spending—aren't likely to happen, but that Medicare benefits are likely to be reduced. And in Massachusetts, the state whose 2006 health care overhaul served as the model for ObamaCare, insurers have gone to war with the governor, and the state treasurer is warning that the program could drive the state into bankruptcy."

The horror story on this execrable piece of....law is far from over.

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New source of funds for the Obama union bailout plan: Your 401k

Outraged?

Why?

Don't you know it's just to protect you?

Connie Hair:

"In February, the White House released its 'Annual Report on the Middle Class' containing new regulations favored by Big Labor including a bailout of critically underfunded union pension plans through 'retirement security' options.

The radical solution most favored by Big Labor is the seizure of private 401(k) plans for government disbursement — which lets them off the hook for their collapsing retirement scheme. And, of course, the Obama administration is eager to accommodate their buddies.

….the backdoor bulls-eye is on your 401(k) plan and the trillions of dollars the government would control through seizure, regulation and federal disbursement of mandatory retirement accounts.

Boehner and the group are sounding the alarm, warning bureaucrats to keep their hands off of America’s private retirement plans."

No, there's nothing to see here. Let's just move along.....

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Here's your latest revision on Obama's "no tax increase if you make less than 250k" promise

Nixon's Obama's spokesperson: "That statement is no longer operative."

I can hear the excuse now:

"But....but....but....but....but it's the Commission's fault!!"





And then of course, there's Cap 'n Tax up for ram through. But that's another story, isn't it?

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Meet Obama's (Ir)Ration(al) Man

...Donald Berwick, avowed universal health care cheerleader, and a supporter of health care rationing.

" 'Cynics beware, I am romantic about the (British) National Health Service; I love it," Berwick said in a July 2008 speech at England's Wembley stadium. 'All I need to do to rediscover the romance is to look at health care in my own country.'

While Berwick would not have the authority to impose a British health care system on the United States in one fell swoop, as head of CMS, he would be running both Medicare and Medicaid. Given that the two programs alone account for more than one out of every three dollars spent on health care in America (all government programs combined account for 47 percent), private players tend to follow CMS's lead. Berwick himself has made this point.

'(G)overnment is an extraordinarily important player in the American health care scene, and it has inescapable duties with respect to improvement of care, or we're not going to get improved care,' he said in a January 2005 interview with Health Affairs. 'Government remains a major purchaser.… So as CMS goes and as Medicaid goes, so goes the system.' "

.....and:

" '(T)he Holy Grail of universal coverage in the United States may remain out of reach unless, through rational collective action overriding some individual self-interest, we can reduce per capita costs,' Berwick wrote in an article for Health Affairs he co-authored in 2008.

He went on to write that, 'The hallmarks of proper financial management in a system… are government policies, purchasing contracts, or market mechanisms that lead to a cap on total spending, with strictly limited year-on-year growth targets.'"

Elections certainly do have consequences, don't they?

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The long and deep global cooling trend continues

From C3:

Is this the Magic Bullet that makes electric cars practical?

There are two major problem areas that hold back the practicality of electric cars worldwide. One is the building of infrastructure necessary for recharging stations, and the other is quick charge battery technology.

The solution for the battery technology needed may be on tap:

"The Nikkei newspaper (subs. req’d) says that a Japanese company has built a quick charge system that can take a battery from zero charge to 50% full in about 3 minutes.

JFE Engineering Corp, based in Yokohama, says that the system will go on sale later this year and has the capability to charge 5 times faster than other such quick charge products. Even though one station costs about $63,000, that’s roughly 40% less than the competition."

I think the standards issue mentioned in the article can easily be resolved if this technology proves it's potential.

Hat tip: Instapundit

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The best under two minute sermon you'll ever hear....