An extension of the unemployment benefits is being "blocked" by Senator Jim Bunning (R:KY). Certainly, the American people deserve answers as to why Sen. Bunning, obviously an evil public servant, would place so many jobless American workers on the verge of starvation! The horror of it all!
Thankfully, for us idiots at large, ABC News is on the story like a cat in a tree at 4th and Main!
Good Grief! The media bias and hypocrisy on this is in the stratosphere.
As a youngster, I switched from Cronkite and CBS over to Peter Jennings and ABC News World News Tonight as my preference. In recent years, I have briefly met both Diane Sawyer and Charles Gibson, who both seemed to be neat people.
But ABC News has been nothing short of asleep at the switch for the better part of a decade. Recall Charlie Gibson stumbling around having no idea of the goings on of ACORN when they were exposed? Where was ABC, or any of the 3 networks, when Obama's radical czars were exposed, on the exposing of Charlie Rangel's many illegal activities, Obama's relationship with ACORN and stimulus money going to Congressional districts that do not exist? Surely they were all over Barney Frank and Chris Dodd's practically criminal oversight of Fannie Mae and Freddie Mac? Have they questioned Nancy Pelosi, who proclaimed to clean out swamp and run the most ethical House evah, on the long list of unethical behavior in the House? Paygo? Hello!
They completely missed the tea parties for crying out loud! And what about the global warming scandals?
For a myriad of reasons, with bias being at or near the top of the list, the network news divisions are quickly becoming a dinosaur. As Bernie Goldberg put it, if you are heading up one of these news divisions, you are essentially running a morgue.
Serves them right! And for the record, Bunning is still right!
Showing posts with label Jim Bunning. Show all posts
Showing posts with label Jim Bunning. Show all posts
Tuesday, March 2, 2010
Unemployment Benefits Extend Misery
CNBC's Larry Kudlow is back from vacation during the Winter Olympics and picked up where he left off; correctly lambasting the economic policies of our current administration.
The blocking of the extension of the unemployment benefits led to a conversation with Alan Reynolds of the CATO Institute on the potential liabilities of extending these benefits, and it is worth your time.
The Washington Times reports the number of Americans relying on on the government is at an all time high, and this is dangerous. Investors Business Daily has more. America is not a bailout nation, and was built on the back of hard work and and a inner spirit. Margaret Thatcher spoke profound words when she said "Europe was created by history. America was created by philosophy". The economic philosophy is Free Market Capitalism!
Personal accountability is non existent for far too many these days and it could lead to a drastic change in the makeup of our country going forward as it appears to be heading toward socialism. One would be prudent to remember what Margaret Thatcher once said about that, “The problem with socialism is that you eventually run out of everyone else's money.”
The blocking of the extension of the unemployment benefits led to a conversation with Alan Reynolds of the CATO Institute on the potential liabilities of extending these benefits, and it is worth your time.
The Washington Times reports the number of Americans relying on on the government is at an all time high, and this is dangerous. Investors Business Daily has more. America is not a bailout nation, and was built on the back of hard work and and a inner spirit. Margaret Thatcher spoke profound words when she said "Europe was created by history. America was created by philosophy". The economic philosophy is Free Market Capitalism!
Personal accountability is non existent for far too many these days and it could lead to a drastic change in the makeup of our country going forward as it appears to be heading toward socialism. One would be prudent to remember what Margaret Thatcher once said about that, “The problem with socialism is that you eventually run out of everyone else's money.”
Sunday, February 28, 2010
A Bunn In The Oven
On the way to emergency legislation to give yet another extension of the federal extended unemployment benefits, which include the COBRA health insurance subsidy, the upper chamber of the Senate was thrown a high flying curve ball by Senator Jim Bunning, (R:KY). Bunning has apparently drawn a line in the sand due to what is known as the "paygo" rule, which is aimed at fiscal responsibility, claiming this new $10 billion needs to be paid for before being enacted. Big Government has more on the rule.
While Democrats, such as Senate Majority Whip Dick Durbin, (D:IL), who is just horrendous, are boiling mad at Bunning, his own party is not backing him either. Bunning has so upset the left that some unemployment groups want Bunning, a towering pitcher and who threw a perfect game in 1964 for the Philadelphia Phillies, removed from the Major League Baseball Hall of Fame.
The extension of job benefits is quite a problem, and with the federal government quickly running out of money, these extensions cannot just be rubber stamped. Although the leaders of Congress fail to recognize it, they are in large measure responsible for the events that led to this dangerous level of unemployment (see previous post) and are impeding the process of recovery by the implementation of idiotic economic policy.
I frequently stop in a 7-11 for a Coca Cola (KO:NYSE) where across the street sits an unemployment and Social Security building. Recently, the parking lot of the 7-11 has been has been on overflow as the overwhelming amount of visitors from across the street seek parking. The other day, I witnessed a Caucasian would be rapper, far from short on jewelry, who jumped out of his Cadillac and proceeded to join the security patrolled group of folks waiting in line in the parking lot.
Certainly, there many workers who are actively searching for a decent job, finding little if anything to work with. Others, are gaming the system and want to ride for free on the back of the federal government, and us taxpayers. Unfortunately, it appears the governmental leaders are attempting to crash the system, so therefore a significant decrease in the unemployment rate is not on the horizon.
The federal government is not in a position to fail to extend these benefits, so Congress will get it done one way or another retroactive to today. It is appropriate for someone, in this case Bunning, to call out the Congress for their hypocrisy. It certainly seems the Obama administration and the Congress feel compelled to continue to push their socialistic agenda, with items like Cap and Trade and Health Care reform, rather than focus on the extremely serious problems at hand in our economy. They appear willing to try every concept involving the intervention of our government into the marketplace but seem unwilling to consider free market based avenues, which, incidentally, will work.
Look for the situation to fail to improve, and we are likely looking at another leg down. With the expiration of the Bush tax cuts slated for 2011, investors are taking action now which could cause 2011 to be much worse than anticipated. Someone once said, "It's the economy stupid". It would serve President Obama, and the leaders of our Congress to listen to the American people, and a few like Bunning, for once. A jobs summit with union leaders and Al Sharpton is simply not gonna cut it, as if this would be news to anyone outside of Washington.
While Democrats, such as Senate Majority Whip Dick Durbin, (D:IL), who is just horrendous, are boiling mad at Bunning, his own party is not backing him either. Bunning has so upset the left that some unemployment groups want Bunning, a towering pitcher and who threw a perfect game in 1964 for the Philadelphia Phillies, removed from the Major League Baseball Hall of Fame.The extension of job benefits is quite a problem, and with the federal government quickly running out of money, these extensions cannot just be rubber stamped. Although the leaders of Congress fail to recognize it, they are in large measure responsible for the events that led to this dangerous level of unemployment (see previous post) and are impeding the process of recovery by the implementation of idiotic economic policy.
I frequently stop in a 7-11 for a Coca Cola (KO:NYSE) where across the street sits an unemployment and Social Security building. Recently, the parking lot of the 7-11 has been has been on overflow as the overwhelming amount of visitors from across the street seek parking. The other day, I witnessed a Caucasian would be rapper, far from short on jewelry, who jumped out of his Cadillac and proceeded to join the security patrolled group of folks waiting in line in the parking lot.
Certainly, there many workers who are actively searching for a decent job, finding little if anything to work with. Others, are gaming the system and want to ride for free on the back of the federal government, and us taxpayers. Unfortunately, it appears the governmental leaders are attempting to crash the system, so therefore a significant decrease in the unemployment rate is not on the horizon.
The federal government is not in a position to fail to extend these benefits, so Congress will get it done one way or another retroactive to today. It is appropriate for someone, in this case Bunning, to call out the Congress for their hypocrisy. It certainly seems the Obama administration and the Congress feel compelled to continue to push their socialistic agenda, with items like Cap and Trade and Health Care reform, rather than focus on the extremely serious problems at hand in our economy. They appear willing to try every concept involving the intervention of our government into the marketplace but seem unwilling to consider free market based avenues, which, incidentally, will work.
Look for the situation to fail to improve, and we are likely looking at another leg down. With the expiration of the Bush tax cuts slated for 2011, investors are taking action now which could cause 2011 to be much worse than anticipated. Someone once said, "It's the economy stupid". It would serve President Obama, and the leaders of our Congress to listen to the American people, and a few like Bunning, for once. A jobs summit with union leaders and Al Sharpton is simply not gonna cut it, as if this would be news to anyone outside of Washington.
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