• Barack Obama,  economics

    PORKULUS: Feeling UNSTIMULATED About the Democrat/Obama Economic Stimulus Bill?

    In his book “Capitalism and Freedom” (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom.

    An excerpt from an interview with Phil Donahue in 1979.

    If conservatives (Via Instapundit) are feeling unstimulated or down about the apparent passage of a $1 trillion government spending spree, watch the above exerpt of Milton Friedman and remember why a limited government role in free market capitalism creates more political and social freedom.

    Definitely food for thought.


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  • Barack Obama,  Day By Day

    Day By Day by Chris Muir February 8, 2009 – And There Was the Word…And It Was No Good

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    Day By Day by Chris Muir

    The Demcorat/Obama Economic Stimulus Bill, S.1., (as reconciled with HR.!) will likely be on the President’s desk by the end of this next week. Obama will have scored a major legislative victory with very little GOP support. In other words, the Democrat President will OWN this massive amount of government spending.

    If the economy does not rapidly improve, there will be NO political cover for the Democrats in 2010.

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  • Gay Marriage

    California Proposition 8: The Ugly Specter of Intimidation

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    Eightmaps.com which matshes up Google Maps and Proposition 8 Donors

    The New York Times today (Via Michelle Malkin) FINALLY realizes there might be a problem with gay marriage proponent’s intimidation of Proposition 8 (the California Constitutional Amendment which restored the traditional definition of marriage – one man and one woman) donors.

    FOR the backers of Proposition 8, the state ballot measure to stop single-sex couples from marrying in California, victory has been soured by the ugly specter of intimidation.

    Some donors to groups supporting the measure have received death threats and envelopes containing a powdery white substance, and their businesses have been boycotted.

    The targets of this harassment blame a controversial and provocative Web site, eightmaps.com.

    The site takes the names and ZIP codes of people who donated to the ballot measure — information that California collects and makes public under state campaign finance disclosure laws — and overlays the data on a Google map.

    Visitors can see markers indicating a contributor’s name, approximate location, amount donated and, if the donor listed it, employer. That is often enough information for interested parties to find the rest — like an e-mail or home address. The identity of the site’s creators, meanwhile, is unknown; they have maintained their anonymity.

    Eightmaps.com is the latest, most striking example of how information collected through disclosure laws intended to increase the transparency of the political process, magnified by the powerful lens of the Web, may be undermining the same democratic values that the regulations were to promote.

    Will such internet activity chill free speech and discourge voters from either donating to political causes/campaigns or donating their time/resources (which is reportable if worth more than $100)?

    The California and federal courts will eventually decide the proper balance between campaign disclosure laws and the chilling of political activity/speech.

    In the meantime, donors to Proposition 8 will endure public ridicule/scorn and ugly repercussions from the radical homosexual pro-gay marriage cabal as they gear up for another election in 2010 to overturn Proposition 8.


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  • Del.icio.us Links

    links for 2009-02-08

    • Until Friday, President Obama's plea for bipartisanship support of his costly plan for stimulating the economy mostly had fallen on deaf GOP ears, but that changed when three Republican moderates pledged their support.

      In doing so, Sens. Susan Collins and Olympia Snowe of Maine, and Pennsylvania's Sen. Arlen Specter risked drawing the wrath of their fellow Republicans and of some constituents

      The trio's support is expected to give Democrats the 60 votes needed in the Senate to advance to a final vote on the $827 billion stimulus bill next week — and ultimately push the controversial mix of massive spending and tax cuts over the finish line.

      Collins said she broke ranks with her party because of the progress congressional negotiators had made on the bill.

    • Sen. Reid: “Keep in mind, it’s approaching a trillion dollars.”

      NYT: even the senators behind the compromise were uncertain of the number.

      Roll Call: The uncertainty made it difficult to predict whether the final bill would be approximately $780 billion or $826 billion.

      Fox News: about $811 billion in spending and tax cuts

      AP: Democrats put the cost of the measure at $780 billion…Republican critics said that the price tag was actually higher…Official cost figures were not yet available.

      AFP: The bill's supporters noted that its price tag would be far smaller than the 937 billion dollars… Details were elusive… Republicans said their calculations put the new bill at roughly 830 billion dollars

      LAT: a price tag of about $780 billion under the compromise deal, though the final figure was unclear.

    • President Barack Obama and Senate Republicans bickered Saturday over his historically huge economic recovery plan after states and schools lost tens of billions of dollars in a late-night bargain to save it.

      The $827 billion measure is on track to pass the Senate on Tuesday despite stiff opposition from the GOP and disappointment among Democrats, including the new president who labeled it imperfect. Next up: Difficult negotiations between the House and Senate, which are divided over spending for tax cuts, education and aid for local governments.

      "We can't afford to make perfect the enemy of the absolutely necessary," Obama said in his weekly radio and Internet address, sounding a note of pragmatism that liberal followers rarely heard on the campaign trail.

    • The Washington Post has quite a hit job on Michael Steele on the front page this morning, with an above-the-fold story alleging he violated a number of campaign-finance rules. Despite the purple language and frothy allegations of the story, my in-house (literally) campaign-finance expert says it is far from clear that Steele actually violated any of the increasingly arcane and impossible-to-explain federal campaign finance laws, but of course as we all know it's the appearance of impropriety that counts for Republicans.

      Not until you reach well down on the jump page do you learn this interesting little detail: "The U.S. attorney's office inadvertently sent the confidential document, a defense sentencing memorandum filed under seal, to The Washington Post after the newspaper requested the prosecution's sentencing memorandum." Inadvertently sent what was supposed to be a sealed document to the Post? Yeah, sure, and the Post will sell you the Brooklyn Bridge real cheap, too.
      +++++++
      Weak

    • House Republican Leader John Boehner (R-OH) this evening released the following statement on the trillion-dollar spending bill agreed to by Senate Democrats:

      “Our nation is in recession, and responsible action is needed to help preserve and protect American jobs. Ironically the emerging Senate ‘deal' appears to be only slightly smaller than the original Senate package, while still costing more than the House bill. But ultimately this bill should be judged on whether it works, and 90 percent of a bad idea is still a bad idea.