The Obama administration has announced it has given up on one of the more controversial aspects of ObamaCare, known as the CLASS Act (Community Living Assistance Services and Supports Act). The CLASS Act was portrayed as a cost-saving scheme in ObamaCare, but as House Speaker John Boehner's spokesman Michael Steele explained, "We have always known that this program was a naked scam — cooking the books trying to cover up the unsustainable cost of Washington Democrats' government takeover of health care."
After much criticism from congressional Republicans and centrist Democrats who called the CLASS Act a financial gimmick, do you think the rest of ObamaCare will continue crumbling? Let us know your thoughts in the comments.
October 17, 2011 will be President Obama's 1000th day in office. At the beginning of his term in office, in a February 1, 2009 interview with Matt Lauer, Obama said "If I don’t have this [economy fixed] in three years, then there’s going to be a one-term proposition."
At 1000 days in, do you think Obama will see reelection? Check out a comprehensive report card of his first 1000 days after the break and let us know your thoughts in the comments.
Economic Freedom, the group behind this successful video on the relationship between economy and quality of life, has come out with a second video on economic freedom in the world today, placing America behind nine other countries that are more economically free than us. As they explain, "for years the United States has been a world leader in economic freedom. But runaway government spending and burdensome regulations have caused a decline in economic freedom in the United States."
Do you think with the widespread media approval of continued government spending and endless regulations will contribute to further decline in American economic freedom? Check out the video after the break, and let us know your thoughts in the comments.
Tomorrow, the House Oversight and Government Reform Committee is meeting to consider a major postal reform plan. Postal unions across that nation have launched a national ad campaign against the reforms, and now the Oversight Committee has struck back with a video demonstrating that USPS requires reform if taxpayers are to avoid footing the bill for an eventual bailout.
Check out the video after the break, and let us know your thoughts in the comments.
The Nobel Prize for Economics was just awarded to two American economists who have separately researched the flaws in government stimulus spending, a blow to the Keynesian policies of Obamanomics.
Do you think this is a temporary bout of sanity? Or do you think it's a sign of something larger, given the collapse of statism in Greece and the United Kingdom, for example? Let us know your thoughts in the comments.
After the debate tomorrow night, the crop of current GOP presidential candidates will have participated in four nationally televised debates in just over one month, attracting record audiences and affecting poll numbers drastically each time.
According to a Wall Street Journal op-ed by Fred Barnes, the increased number of debates has had a major impact on the race, giving also-rans free publicity with no incentive to drop out and allowing the media to pit the candidates against each other, giving Obama a free pass.
Do you think Republicans have given the media too much power by hosting so many debates? Let us know your thoughts in the comments.
The "Occupy Wall Street" protests that have been occurring across the country in recent days do not appear much different than any other liberal protest group. They are supported by George Soros, MoveOn.org, and labor unions, this time with banks as their target. The protestors have posted themselves outside financial buildings around the country, most predominantly in New York City's financial district, with demands to tax and arrest bankers.
National polls have shown that rather than blame administration policies for the economy, the public still tends to blame banks for economic trouble. With the large banking corporations as the enemy, instead of the current administration, do you think the Occupy Wall Street protests have the attributes of an Alinsky-type political machine? Let us know your thoughts in the comments.
In early May of this year, Attorney General Eric Holder told Rep. Darrell Issa's House committee that he was "not sure of the exact date" he learned of Fast and Furious, but that he "probably heard about Fast and Furious for the first time over the last few weeks.
Now, CBS News has obtained documents showing that Holder was sent briefings on the controversial operation as early as July 2010, nearly a year before he claimed to Congress to have known about the gunwalking program. While the Justice Department claims that "Holder misunderstood that question from the committee – he did know about Fast and Furious – just not the details," the video of the May 4 committee meeting suggests otherwise.
Do you think the media coverage of Holder's lie to Congress will be as minimal as their coverage of the Solyndra scandal? Let us know your thoughts in the comments.
...Each player's salary is based on how long he's been in the league. It's about tenure, not talent. The same scale is used for every player, no matter whether he's an All-Pro quarterback or the last man on the roster. For every year a player's been in this NFL, he gets a bump in pay. The only difference between Tom Brady and the worst player in the league is a few years of step increases. And if a player makes it through his third season, he can never be cut from the roster until he chooses to retire, except in the most extreme cases of misconduct.
What do you think of Tarkenton's comparison? Let us know your thoughts in the comments.
Even with efforts by both parties to delay early presidential primaries and caucuses, states trying to exert heavier influence on the primary outcome are again pushing their contests into early January.
Under RNC rules, only Iowa, New Hampshire, Nevada, and South Carolina are allowed to hold their primaries or caucuses before Super Tuesday. Florida announced earlier today that it will move its primary to January 31, potentially prompting the other four states to leapfrog each other to earlier dates.
Do you think Florida made the right move and should have more of an influence in picking the presidential nominee? Let us know your thoughts in the comments.
President Harry Truman signed the Housing Act in 1949, giving unprecedented power to federal, state, and local governments to reshape entire communities through the abuse of eminent domain. One method of doing so was called urban renewal, which permitted governments to destroy communities they deemed as slums, destroying approximately 2000 communities through the 1950s and '60s, and forcing 300,000 families out of their homes, often most affecting blacks.
One of the first examples of urban renewal was the destruction of six blocks of "slum" on the Upper West Side of New York. The valuable land was then contracted to private developers hand-picked by the city: members of Democratic political clubs, given as political favors, to build middle-class housing developments. With little financial incentive to build quickly, though, the buildings often sat vacant for years.
ReasonTV put together a video telling the story of the destruction of this New York City neighborhood. Check out the video after the break, and let us know your thoughts in the comments.
According to a new national survey released this morning by CNN/ORC International, the public's trust in the federal government is at an all-time low. Only 15% of Americans say they trust the federal government to mostly or always do what is right, down 10% from September 2010. Additionally, 77% of those surveyed say they trust the federal government to act correctly some of the time, while 8% said they never trust the government to do what's right.
What do you think this drastic shift in distrust of the government will mean for 2012 Congressional elections? Let us know your thoughts in the comments.
New Jersey Gov. Chris Christie is speaking tonight at the Reagan Library on the theme of American Exceptionalism, and despite repeated denials that he is running for president, many hopeful Republicans are hoping for a change of heart with tonight's speech.
Former New Jersey governor and close Christie adviser, Tom Kean, maintains that Christie is "very seriously" considering a presidential bid still, while others are denying his potential run. Do you think Christie will change his mind? Let us know your thoughts in the comments.
During the 2008 election cycle, small donors were the symbol of President Obama's campaign. This time around, though, Obama's low approval ratings have underscored a major problem with his 2012 campaign: the growing disillusionment from his former grassroots supporters. With their disillusionment and poor economy also comes a significant drop in the number of small donations Obama is receiving.
Do you think the drop in small donations signals problems for his campaign? Or are big donors really all that matter? Let us know your thoughts in the comments.
Following yesterday's debate and anticipating tomorrow's straw poll, the GOP presidential candidates are assembled again today to speak to the crowds at Florida CPAC. Many are also anticipating other speakers, including commentators Ann Coulter, S.E. Cupp, and Bill Kristol, among others, speaking on grassroots activism, policy, and traditional conservative values.
Will you be following CPAC coverage today? Check out a live stream of CPAC after the break, and let us know your thoughts in the comments.
Late last night, Georgia executed inmate Troy Davis for the murder of Mark McPhail in 1989. MacPhail, who was working as a security guard at the time, rushed to help a homeless man who prosecutors said Davis was hitting with a gun. When MacPhail came to the homeless man's aid, Davis shot MacPhail to death.
Davis's case sparked controversy around the world, with many declaring Davis was innocent due to the lack of strong physical evidence, despite a number of eyewitness testimonies. Davis's execution has previously been stopped three times since 2007, but he ran out of legal options yesterday when the pardons board and the Supreme Court both rejected his offer to take a polygraph test. Do you think the media covered the execution of Troy Davis fairly? Let us know your thoughts in the comments.
During his Rose Garden speech [Monday], President Obama once again fueled the general misperception that people who pay the 15 percent tax rate on their capital gains and dividend income are paying a lower rate than salaried workers who pay at the individual rate (which ranges from 10 percent to 35 percent).
The reality is that capital gains and dividends are taxed at a lower rate at the individual level because this income has already been taxed at 35 percent at the corporate level before it was distributed to shareholders. Both Mr. Obama and his tax advisor Warren Buffett seem unaware that the U.S. has the 4th highest overall tax rate on dividend income among the largest industrialized countries in the OECD at 52.1 percent. Only Denmark (56.5 percent), France (57.8 percent) and the United Kingdom (54 percent) tax dividends at a higher rate.
What are your thoughts on the matter? Let us know in the comments.
Three years after the collapse of Lehman Brothers, what was the fourth-largest investment bank in the US, the Federal Reserve, European Central Bank, Bank of England, and Japanese and Swiss central banks moved last week to avert a liquidity crisis in European banks struggling to deal with the failing Greek economy, leaving American investors with portfolios of Greek bonds worried. Do you think a Greek default is inevitable? Let us know your thoughts in the comments.
This week, Republican presidential candidates are headed to Florida for a number of high-profile events, including CPAC, a straw poll, and perhaps most importantly, another debate, this time hosted by Fox News and Google at Florida CPAC.
The spotlight is again expected to be on Gov. Rick Perry, despite his pummeling by other candidates last week. Do you think he can recover from last week's criticism for his stances on immigration, health care, and Social Security, especially in a state with such large retirement communities? Let us know your thoughts in the comments.
Last night's debate brought a few blows to front runner Gov. Rick Perry, who kept his cool despite the attacks from every other candidate. While Perry's overall performance at last night's debate seemed to have improved over last week's debate, his stumbling on the issues of immigration and health care may have hurt him in the eyes of some Tea Party supporters. Do you think the attacks against Perry will hurt his campaign? Let us know your thoughts in the comments.
Tonight at 8pm is the latest Republican presidential candidate debate. This event is sponsored by the Tea Party Express and will be broadcast live on CNN television and also online.
CNN anchor Wolf Blitzer, who has been rather race-obsessed and protective of President Obama, will be the host. If you're watching the debate, feel free to join fellow NBers in a live chat about the debate right here on this post. Note: You will need an Adobe Flash-enabled browser to participate. After the debate is over, we'll leave the chat up for a few hours and then turn this into an open thread about the debate.