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Democracy and Power 108: ObfuscationWherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity. – Hans F. Sennholz
Jack Lew, Head of Citigroup's Alternative Investments Arm, Is Obama's Choice To Lead Treasury
Several of us have blogged about this previously at FreedomWorks, but I simply can't get over how absurd it is that President Obama has nominated Jack Lew for Secretary of the Treasury. (Click here for a list of all Jack Lew articles on the blog.) If you thought Timothy Geithner was bad, you should check out Jack Lew's record.
In this month's State of the Union Address the president put forth a plan to make college tuition more affordable. The proposal was met with praise in most quarters on the left, but surprisingly little attention from the right.
Democracy and Power 108: ObfuscationWherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity. —Hans F. Sennholz
President Obama's Minimum Wage Hike Proposal Will Harm The Poor
In Tuesday's State of the Union Address, President Obama proposed raising the federally mandated minimum wage to $9 per hour, a 24% increase over the current mandate. In a subsequent conversation, my friend David Guenther of the Texas Public Policy Foundation made a good point about the effects of this if it were to come to pass:
It is a strange sign of the world in which we live that politicians are compared to Jesus Christ himself. It’s interesting, however, to look at the reactions to these bizarre proclamations. Let’s take a look at Barack Obama and Marco Rubio, for example. Both have been called a savior recently, but the reactions from the men were markedly different.
Obama and Religious Freedom Day; A Hypocritical Head-Scratcher
“I, Barack Obama, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim January 16, 2013, as Religious Freedom Day.”
If Obama Wants Kids On Stage, Let's Give Him Kids On Stage
Today, Obama is once again going to ignore the Constitution. This time, the Constitutional right under attack is gun control. According to White House Press Secretary Jay Carney, Obama will be presenting a “concrete package” of proposals which will water down the Constitutional rights of American citizens.
What should Congress do on the Fiscal Cliff? 1) Lock in $1.2 trillion in ten-year sequester savings. 2) Extend ALL current tax rates for one year. 3) Reform taxes and entitlements to avert another debt downgrade. Questions?
P.S. From now on, every debt ceiling increase should be offset by an equivalent amount of spending reductions, in the same bill. No more kicking the can down the road!
That is all.
Democracy and Power 101: Government is PowerThe essence of government is power; and power, lodged as it must be in human hands, will ever be liable to abuse. —James Madison, Speech in the Virginia State Convention of 1829-1830