Here's a safe prediction: The "bipartisan" group of congressmen led by Vice President Joe Biden will fail to solve the $14 trillion debt crisis.
Here's another prediction: The Heritage Foundation (www.heritage.org/) has developed a formula, made possible by a grant from The Peterson Foundation (www.pgpf.org/), that could balance the budget in 10 years, reduce the debt to 30 percent of gross domestic product within 25 years, cut the size of the federal government in half by 2036, reform the tax code, restructure Social Security, Medicare and Medicaid, while protecting the most vulnerable, and not increasing taxes if -- and it is a very big if -- politicians prefer the solution to continued bickering.
As much as liberals complain about conservative “misinformation”and incivility, they never seem to find it on channels like MSNBC, and we know there are small bands of liberals that wander over there. While many were watching the first GOP presidential debate on May 5, Ed Schultz invited on left-wing bomb-thrower (and 2010 congressional-seat loser) Alan Grayson to heap mud on George W. Bush.
Schultz asked if Bush failed to accept Obama’s invitation to Ground Zero out of personal pique. Grayson replied through a smirk, “I suspect that President Bush might've been passed-out drunk for the last three or four days, so I’m not sure he made any conscious decision at all.” Schultz found that acceptable. “Great to have you with us tonight,” he said to Grayson at interview’s end. “Thank you for your take.”
As if more proof were needed about the minimum wage's devastating effects, yet another study has reached the same conclusion. Last week, two labor economists, Professors William Even (Miami University of Ohio) and David Macpherson (Trinity University), released a study for the Washington, D.C.-based Employment Policies Institute titled "Unequal Harm: Racial Disparities in the Employment Consequences of Minimum Wage Increases."
During the peak of what has been dubbed the Great Recession, the unemployment rate for young adults (16 to 24 years of age) as a whole rose to above 27 percent. The unemployment rate for black young adults was almost 50 percent, but for young black males, it was 55 percent.
The Washington Examiner reports that it's been 768 days since the Democratic-controlled Senate passed a budget. What's the big deal? It's not like the nation is facing financial difficulties or anything.
I realize it's convenient for President Obama to pretend he's a bystander on fiscal matters when it suits him and to pass the buck that never stops with him back to Congress, but how about a little leadership on the issue for a change?
The official White House account of Osama bin Laden's demise has seen more slapdash cosmetic surgery over the past week than your average "Real Housewives" reality-show star. President Obama's allies attribute the bungled "narrative" (their word, not mine) to the "Fog of War." But each passing day — and each new set of hapless revisions — shows that what really ails the administration is the Fog of Fog.
Errors happen. Miscommunications happen. Confusing the name of which of bin Laden's myriad sons died (Hamza, not Khalid), for example, is no biggie.
I was about 10 years old. Unfortunately, many kids can't protect themselves like I once did. Even worse, so much bullying today has turned to torment. Yesteryear's boyhood brawls have transformed into today's torture.
It's a new day in which social networks have created cyber-bullying. Why harass a kid in a school hall with a handful of kids when one can use Facebook and YouTube to bully him or her repeatedly in full view of the whole world? In so doing, the public damage and consequences are instantly and exponentially escalated.
I in my innocence was, in the aftermath of SEAL Team Six's disruption of Osama bin Laden's bucolic life in posh Abbottabad, reading editorial comment by the great newspapers of this republic. As always, the Wall Street Journal was superb, pausing to congratulate President Barack Obama for "ordering a special forces mission rather than settling for another attack with drones or stand-off weapons from afar."
The Washington Post was, likewise, informative and appreciative of the president's prudent decision to let SEAL Team Six do its thing, skirting the laws of a sovereign nation and acting unilaterally to put a bullet hole in Osama's head.
In New York City, 41 percent of babies are aborted.
It's even worse than that, actually.
As the Chiaroscuro Foundation, a group that supports abortion alternatives, has pointed out: "Sixty percent of African-American pregnancies in New York City were aborted in 2009, the most recent year for which data is available. In a 10-year period beginning in 2000, more than 900,000 pregnancies in the city ended in abortion -- nearly one-eighth of the entire city population of just over 8 million."
Abortion, of course, is a hot-button word, bringing up all kinds of emotions in all kinds of people.
First quarter profits for American oil companies are jaw dropping. Exxon earned nearly $11 billion, up 69 percent from a year ago. Royal Dutch Shell PLC, Europe's largest oil company, announced it made $8.78 billion in the first quarter, a 60 percent increase over last year. Much of it, but not all, is due to higher gas prices, over which the companies have very little control due to our heavy reliance on foreign oil.
Some in Congress -- mostly Democrats, but a few Republicans -- are calling for an end to tax breaks enjoyed by the oil companies and in some cases, higher taxes on their profits. But the Obama administration is contributing to higher energy prices, which inflate the companies' bottom line.
In the words of that great American philosopher, Larry The Cable Guy, “WE GOT-R-DONE”!!!
Osama bin Laden sleeps with the fishes, and the best military on the planet has kept a promise President George W. Bush made to the American people almost a decade ago. He said, “I don’t know if it will be tomorrow, or next month, or next year, but we will get him.”
It’s inevitable that the joy and national unity over the killing of that monster bin Laden would cool. Already we’re debating the journalistic and political ramifications. On Wednesday, President Obama told CBS he wouldn’t “spike the football” by releasing photos proving Osama is dead.
I agree with the President, as much as that pains my friend Sean Hannity and other conservatives (and non-conservatives like Juan Williams). Some argue that it will put to rest any conspiracy theories that this is but a hoax. No it won’t. Let’s go back to the American killing of Saddam Hussein’s sons Uday and Qusay in 2003. To deal with the paranoia and disbelief of Iraqis, the military allowed access to the bodies...after they did facial reconstructions to make the sons look more like they did before their faces were shot off. Guess what? None of that helped with many Iraqis, who continued to express skepticism. The failure of the Hussein sons to reappear (and now Osama) should be proof for the doubters, not so for fanatics. Before he had birthers; now we’ll have deathers.
Here's a non-rocket science question: If you expect a reduced harvest of wheat, corn, rice or any other commodity some time in the future, what would be the wise thing to do about your consumption today? I bet that the average person would answer: Consume less now so that more will be available in the future.
But how in the world can people be encouraged to consume less now? Enter the futures market, which consists of a worldwide group of millions upon millions of traders, often called speculators. Speculators, betting on a future shortage, buy up wheat, corn and rice today in the hopes of making money selling it for a higher price when the bad harvest hits. As speculators buy more and more wheat, corn and rice, they drive up today's prices. As today's price gets higher, people consume less, but more importantly, people do the intelligent thing without bureaucratic edicts. The vital role of the futures trader, or speculator, is to allocate goods over different time periods. And, it's not just wheat, corn and rice that must be allocated over time but all commodities including oil.
In the spirit of post-bin Laden peace, love and harmony, President Obama has asked all Americans to "harness" national good will and stand together. The commander in chief could practice what he preaches — by inviting President Bush to stand with him at Ground Zero in New York City on Thursday.
It would be an extraordinary — dare I say "unprecedented," to borrow one of Obama's favorite words — act of political maturity, good faith and transcendent unity against our common jihadi enemies.
Last night, some reported that Obama had invited Bush — who declined. If that's true, Dubya needs to change his mind — for America's sake.
We are living in strange times indeed when it's not laughable to suggest that President Obama will be difficult to beat in 2012. Well, I'm not buying it, even considering any positive (but inevitably temporary) surge Obama may receive with Osama bin Laden's death.
In 2008, as an economic crisis played into his hands, Obama ran against an uninspiring opponent in John McCain, campaigned on grandiose promises in lieu of a record, and cultivated and rode a mainstream media wave based on a myth of his messiahship. Yet he still only won with 53 percent of the vote.
Thank goodness for the royal wedding! It took U.S. media attention off Donald Trump for a few minutes. In case you missed it, President Barack Obama actually made a statement about Trump's search for Obama's official birth certificate, now made public by the White House.
One assumes the president took Trump seriously not to help generate free publicity for the "Celebrity Apprentice" finale later this month, but to keep the flamboyant real-estate mogul front and center as the face of GOP 2012. Trump is currently polling well. He's doing so because he appears to have a fearless streak when it comes to Obama. The Donald shows some passion, while most potential GOP contenders are comparatively on the sidelines.
America can display a strange sexist standard on child sexual abuse. When an adult woman assaults a teenaged boy, Hollywood laughs this off as a teen dream come true. The topic was great fodder for ‘90s teen shows like “Dawson’s Creek” with not a drop of judgment inserted, proving that when Hollywood pleads it’s only “reflecting reality,” it’s really only reflecting its own reality.
Mary Kay LeTourneau started assaulting her student Vili Fuulaau when he was 12 and she was 33. When they married ten years later – and after she served seven years in jail -- the nuptials were celebrated on air by "Entertainment Tonight." The couple remains shameless. They've repeatedly hosted a "Hot for Teacher Night" at a Seattle nightclub.
Today, MTV panders to its teen audience with this same "hot for teacher" fantasy. Recently, their scuzzy British teen soap "Skins" repeatedly hinted that the young female teachers were carrying around barely submerged desires for the teenaged boys. Now the second season of MTV's teen comedy "The Hard Times of R.J. Berger" has centered an entire episode on a female teacher and a boy having loud sexual intercourse in a janitor's closet.
Count me among the abstainers. I won't be watching over-the-top media coverage of Friday's wedding between Prince William and the "commoner" Kate Middleton.
After the "wedding of the century" of William's mother and father in 1981 and the ensuing drama that led to their divorce in 1996 and, eventually, her death on Aug. 31, 1997, the wedding of their son is unlikely to match the earlier nuptials in pomp or circumstance.
While inspecting the body politic, one encounters one clear sign that liberalism is dead. It is the condition of our political discourse. Polite commentators note that the dialogue is "rancorous." Some say toxic. Actually, it is worse than that. It is nonexistent.
From the right, from the sophisticated right, there is an attempt to engage the liberals. House Budget Committee Chairman Paul Ryan just did it by presenting a budget that cried out for intelligent response. President Barack Obama's response was to invite Ryan to sit in the front row for his "fiscal policy" speech at George Washington University. There Obama heaped scorn on an astonished Ryan and his work. He did not even mention Ryan's name. This is what Obama calls an "adult" debate?
Last weekend, David Ignatius in his Washington Post column made a vital contribution to the debt and deficit debate: "Take the deficit pain now. It's a truth of economics and life that if you have bad news coming, take the hit early and get it behind you. You can't start building until the debris is out of the way."
Ignatius offers various examples from history (e.g., Fed Chairman Paul Volker's 1979 interest rate hikes that caused the recessions of the early '80s, but broke the inflation psychology and (I would add, with Ronald Reagan's policies) built the foundation for 25 years of prosperity.
The RINO (reverend in name only) Terry Jones is like his fellow RINO, Fred Phelps, but in political drag.
Jones, the "pastor" (PINO?) of the tiny and inconsequential Dove World Outreach Center in Gainesville, Fla., was jailed last week in Dearborn, Mich., "following a jury trial that found he was likely to create a 'breach of the peace' for plans to protest outside the Islamic Center of America in Dearborn," according to the Detroit News. Jones and his associate Wayne Sapp were taken into custody after they refused to post a $1 "peace bond." A judge then barred Jones and Sapp from entering the property of the Islamic Center -- the largest mosque in the U.S. -- for three years. The two posted bond and were released, but they promised to return on Friday.