A must-read end-of-the-week Linkfest, in the midst of a critical national debate: American Thinker's Randall Hoven strikes again, this time with a less controversial and heavily fact-laden piece - reviewing some of the abundant evidence that economic freedom promotes economic growth and the failed history of massive government so-called "stimulus" projects. It's a worthy read. (If the article above triggers your curiosity and interest, and you live in Colorado, then I also strongly recommend you take a look at signing up for the Free People, Free Markets class.) Along the same lines, the Wall Street Journal has been a great place to stay informed. Earlier this week the Journal featured a terrific, hard-hitting piece by economists … [Read more...]
The Democrat “Stimulus” Bill: “Serious times call for silly, self-serving solutions”
Here's my new slogan for the day: "Serious times call for silly, self-serving solutions." At least as it applies to Democrats and their approach to addressing the current economic downturn . The Wall Street Journal sorts it out very nicely in today's editorial "The Stimulus Time Machine":The stimulus bill currently steaming through Congress looks like a legislative freight train, but given last week's analysis by the Congressional Budget Office, it is more accurate to think of it as a time machine. That may be the only way to explain how spending on public works in 2011 and beyond will help the economy today. According to Congressional Budget Office estimates, a mere $26 billion of the House stimulus bill's $355 billion in new spending … [Read more...]
Dig into UAW Golf Course Hijinks Before Obama Ends Union Disclosure
Perhaps you have seen the story about the United Auto Workers-owned golf course in northern Michigan and the controversy about the value of its property and tax history. Well, local blogger Chetly Zarko has dug even deeper to try to figure out why the facility's reported Pension Fund expenses are so high:The only explanation in my mind for this kind of pension fund investment is that the pension contributions are for SOMEONE ELSE other than the workers at the hotel. Just who might be receiving the long-term benefit of those contributions? It's not big enough to pay the pension debt of any serious number of rank-and-file union members - but it is big enough to sauce up a few individual's or union leadership. Or perhaps the UAW is using … [Read more...]
Jared Polis: A Better Idea than the Government Auto Bailout Proposal
Newly-elected Congressman Jared Polis shows he has a lot more sense than your average Democrat - at least on one great issue of importance in our day. From the opinion page of today's Wall Street Journal, Polis writes about the proposed automotive bailouts:Most members of Congress and staffers on the Hill are smart people, but we should not pretend that we are better at what are so clearly other people's jobs. One of the tremendously difficult tasks that we are ill-equipped to successfully orchestrate is restoring these three failing companies to health. As one of the members of Congress with a strong business background, I know what I don't know in business. While I hold my colleagues in great esteem, I doubt their abilities as turnaround … [Read more...]
NEA’s Spending Habits Once Again Show Education as a Low Priority
The Wall Street Journal reports:Here's a pop quiz: Who's donated the most money to an effort in California to defeat Proposition 8, an initiative on the November 4 ballot that would define marriage as between a man and a woman in the state? A) Gay-advocacy organizations B) Civil-rights groups C) The California Teachers Association If you guessed "C," you understand the nature of modern liberal politics. And if you didn't, perhaps you're wondering what exactly gay marriage has to do with K-12 public education. The high school dropout rate is 1-in-4 in California and 1-in-3 in the Los Angeles public school system, odds that worsen considerably among black and Hispanic children. So you might think the CTA, the state's largest … [Read more...]
Barack Obama Would Play Jimmy Hoffa by Getting Union Bad Guys Off
Yesterday the U.S. Department of Labor's Office of Labor-Management Standards reported its 900th conviction of union leaders for criminal activity. From the press release:During the month, OLMS obtained three convictions, seven indictments and court orders of restitution totaling more than $80,000. The office’s totals for fiscal year 2008 (which ended on Sept. 30, 2008) are 102 convictions and 130 indictments, with restitution of more than $3.2 million. The bulk of the cases involved the embezzlement of union funds. “The triple-digit numbers of indictments and convictions obtained by OLMS in the 2008 fiscal year demonstrates that criminal activity in unions is still a major problem. This problem points to the critical role … [Read more...]
Good News for Amendment 46
If you're running a statewide ballot initiative campaign, these are the kind of numbers you want to see:A national survey conducted jointly by the Wall Street Journal, Washington Post.com, and Quinnipiac University released Thursday shows that the majority of Colorado voters — Democrat and Republican alike — overwhelmingly support Amendment 46, also known as the Colorado Civil Rights Initiative. The proposed constitutional amendment would prohibit government from considering race or gender in education, government employment, or public contracting. The poll, conducted last week, showed that 66 percent of all voters surveyed were supportive of the initiative's language, with just 15 percent saying they were opposed. Democrats were … [Read more...]
Enough Cold Water Splashed on the Face of the GOP in Congress?
There's a great editorial in the Wall Street Journal today:If there is such a thing as a useful election defeat, then Tuesday's Republican loss in a special House election in Mississippi would qualify. Maybe this thumping in a heretofore safe GOP seat will finally scare the Members straight, or at least less crooked. Followed by a reminder that many members of Congress need to figure out what it is they stand for:In the Mississippi race, the national GOP tried to link Democratic candidate Travis Childers to Barack Obama and Reverend Jeremiah Wright. One TV ad declared: "Travis Childers: He took Obama's endorsement over our conservative values." But Mr. Childers was well known as a cultural conservative who favors gun rights and opposes … [Read more...]
Wall Street Journal Takes Note of Bill Ritter’s Business-Labor Brouhaha
Today's Wall Street Journal takes notice of Colorado's brewing battle between Big Labor and the state's economic well-being:A labor-union campaign in Colorado to tighten restrictions on layoffs and crack down on corporate fraud could put Democrats in an awkward position as they gather here in August for their presidential convention. Unions are pushing to get a total of six measures on the fall ballot, all of them opposed by small-business owners and corporate interests. "If they pass, it would be like putting a big 'Do Not Locate Your Business Here' sign on Colorado," said John Brackney, president of the South Metro Denver Chamber of Commerce. Don't believe the unions' initiatives would harm the economy? How about this opinion … [Read more...]
Congressional Democrat Payback of Big Labor Marches On: Public Safety Edition
Update, Part Deux: Sources have contacted me to correct my update. The Act hasn't officially passed the Senate yet. The final vote will be later this week. The first vote was a procedural motion that appears to be a strong indicator of a final vote. Anyway, there is hope for this bad legislation to die yet. Update: Just as I was publishing this post, it looks like the Act has passed the Senate, with a lot of so-called Republicans also enabling the legislation. So goes the world... Unsurprisingly, the Democrats in Congress haven't accomplished much since they took over. Most notably, Nancy Pelosi's 2006 "plan" to bring down gas prices is still in the works. One special interest group to which Democrats have been busy pandering is … [Read more...]