Category Archives: Economy
Line-Item Veto
Ben Sasse is the president of the Cornhusker Kickback state’s Midland University, and The Weekly Standard’s hope for the U.S. Senate. When President Obama deleted the employer mandate from the Affordable Care Act for one year Sasse said, “The president has just given himself the line-item veto, well after he had signed the bill into law.” … “Apparently Obamacare is a living, breathing document designed to grow and change with the desires of the president.”
The president, who insists he is not a king, later ruled to retain the individual mandate on the honor system.
Update: Actually, Justice John Paul Stevens says you don’t have a line item veto. From Michael McConnell in the WSJ:
“There is no provision in the Constitution that authorizes the president to enact, to amend, or to repeal statutes.”
Happy 4th of July
The text in the first panel is from the Declaration of Independence which is read aloud every 4th of July at the National Archives. This year Hillsdale College is promoting readings all over the country.
That’s a good thing because a multitude of new offices have been erected under HHS to enforce Obamacare. Not only that, swarms of IRS agents are coming to harass our people and eat out the their substance under the Orwellian named “Affordable Care Act”.
The young and healthy, who helped sweep Obama into office, are being forced to buy insurance they don’t need in order to bring down costs for the old and sick. Here’s an actual notice from an insurance broker to a young person I know:
Immigration Bill
The Senate passed the Gang of Eight immigration bill. It’s 2000 pages. We’ve been here before.
Putin on the Ring
At last week’s G-8 Summit in Ireland (no relation to the Gang of Eight summit in Washington) Obama couldn’t interest Putin in his nuclear arms reduction scheme or in dumping blood-soaked Syrian ally Assad. This despite Obama’s post election flexibility.
Putin was also mum about Robert Kraft’s missing Super Bowl ring. The New England Patriot’s owner claims Putin stole it from him.
Mark Steyn speaks up here.
Rumpelstiltskin
Rumpelstiltskin spun gold out of straw. Fed chief alchemist Bernanke spins dollars out of…I have no idea. But Wall Street somehow got the idea that he was thinking of not doing it any more and didn’t like it one bit.
