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Kagan’s threat to gun owners

President Obama poses a real and present danger to the Second Amendment, and he’s working to pack the Supreme Court with justices who will undermine Americans’ gun rights.

Mr. Obama didn’t fess up to this radical agenda when running for the highest office in the land. “I have said consistently that I believe that the Second Amendment is an individual right, and that was the essential decision that the Supreme Court came down on,” Mr. Obama told Fox News in June 2008. Despite the campaign rhetoric, Mr. Obama is appointing judges who strongly oppose that position. The most recent pick, Elena Kagan, ran much of President Clinton’s war on guns from 1995 to 1999.

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American Power Act: Oil Spill Does Not Justify Wrecking the Economy

President Obama recently used the Gulf oil spill to stress the need for Congress to pass cap and trade, specifically the bill introduced by Senators John Kerry (D–MA) and Joe Lieberman (I–CT) after much delay. The 987-page American Power Act (APA) aims to reduce 2005 levels of carbon dioxide (CO2) emissions by 80 percent by 2050, the same target that the House version passed last year.

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Prolonging Education’s Race to the Bottom

In perhaps the President Obama’s most stealth campaign to date, the federal government has been slowly tightening its grip on the education sector to little fanfare. Rather than working through the democratic legislative process, this Administration has circumvented Congress to enact an ill-conceived education agenda that will weaken accountability, reduce transparency and minimize choice while only adding to the national deficit.

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House Financial Reform Bill would increase deficit by $19.7 Billion

The House financial regulation reform bill that recently passed the Senate would increase the budget deficits by $19.7 billion over the 2011-2020 period if enacted unchanged, according to a cost estimate released Wednesday by the Congressional Budget Office.

The bill, passed May 20, has moved to a bicameral conference to be reconciled with the Senate version of the regulation bill. A May 3 estimate released by the non-partisan CBO predicted that the Senate bill would decrease the federal deficit by $19.5 billion over 2011-2020.

Read more: http://dailycaller.com/2010/06/11/cbo-house-financial-regulation-reform-bill-would-increase-deficit-by-19-2b/#ixzz0qnAAFLoN

World Collapse Explained in 3 Minutes

Obama Announces U.S. to Give Palestinians $400 Million

When P.A. (Palestinian Authority) leader Mahmoud Abbas met with President Obama in the White House Wednesday he received a commitment that the U.S. will be sending the P.A. $400 million to build schools, roads, and homes in Gaza, as well as the West Bank. When asked how the U.S. will assure that the money will be used for the proposed purposes, Obama said that his team will clarify the conditions of the flow of money.

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The Jobless Obama Recovery

This Wednesday in Pittsburgh, President Barack Obama defended his administration’s economic policies telling the audience at Carnegie Mellon University: “Now, I’ve never believed that government has all the answers. Government cannot and should not replace businesses as the true engine of growth and job creation.” But that is exactly what the President’s big government policies are doing. Last week, USA Today reported that in the first quarter of 2010, thanks to President Obama’s failed $862 economic stimulus, paychecks from private business shrank to their smallest share of personal income in U.S. history while government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high. Continue reading…

Little-Known Health Care Law Provision Is a Budget Buster, Critics Say

While Congress spent the last year debating how to provide health insurance for the uninsured, a little-known provision slipped into the heath care law that could cost some Americans upwards of $2,000 a year.

The Class Act, otherwise known as the Community Living Assistance Services and Support Act, is the federal government’s first long-term care insurance program. Continue reading…

Obamacare’s True Costs Coming to Light

health care plan would reduce the deficit and put us on a path towards fiscal responsibility? Remember how Congress kept gaming the system to come up with the Congressional Budget Office (CBO) score that could justify those claims? Well, now that Obamacare has become (hopefully only temporarily) the law of the land, the CBO is singing a slightly different tune. Last Friday CBO Director Doug Elmendorf wrote on his blog:  Continue reading…

OUR UNSUSTAINABLE DEBT

America’s financial situation is unsustainable.  In 2009, the federal government spent $3.5 trillion but collected only $2.1 trillion in revenue, resulting in a $1.4 trillion deficit, up from $458 billion in 2008.

What’s more, with the impending entitlement crisis requiring more future borrowing, the national debt could grow faster than the economy.   In 2020, if current trends continue, the country will owe more than $20 trillion, or 85 percent of gross domestic product (GDP), says Veronique de Rugy, a senior research fellow at the Mercatus Center at George Mason University.

Why do deficits matter, asks de Rugy? Continue reading…