lolprez and the “do-something-anything” Congress is at it again

Read the full story

Perhaps with the popular reaction to Rick Santelli’s ‘tea party’, in which the CNBC commentator elicited cheers for saying that the thrifty should not have to subsdize foolish borrowers and banks, President Obama took pains in his State of the Union address to argue that his foreclosure plan will not benefit the spendthrift and irresponsible. “It’s a plan that won’t help speculators or that neighbor down the street who bought a house he could never hope to afford, but it will…

Read the full story

The President might make various remarks relating to energy tonight. These are likely to center around grandiloquent claims as to the effectiveness of “green jobs” and alternative energy in saving the economy, not to mention the planet. Here are a few notes on the reality of these claims.

Green Jobs: The President will probably claim to be creating millions of “green jobs” to save the economy, fight global warming and end dependence on foreign oil together. In fact, “green jobs” have…

Read the full story

In President Obama’s State of the Union speech tonight, one thing to watch for is mention of the so-called Employee Free Choice Act (EFCA) — or lack of the same.

As news reports have noted, the Obama administration has put EFCA, also known as the card check bill, on the back burner in the face of the current economic crisis.  At the same time, some Congressional Democrats from swing districts and states now find themselves stuck in a hard place between…

Read the full story