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Morning Bell: Debunking Obama’s Latest Jobs Myth

Imagine a high-speed train zooming down hundreds of miles of glistening train track stretching across sunny California, connecting Anaheim to San Francisco. It’s a bullet train dream, and it’s a prime example of President Barack Obama’s latest plan to create jobs in America. The trouble is that this dream is far from reality

Double-dip Learning Curve

In one of the least needed reassurances in modern political history, President Obama's top political man David Plouffe, “told Democrats late last week that the White House would not suffer from overconfidence. 'What I don't want to suggest is that we're sitting around and thinking everything is great,' he said.” With the White House's own economists predicting 9 percent or worse unemployment on Election Day, the president at about 39 percent job approval, college grads unable to find jobs, a quarter of American homes under water, no credible White House policy or strategy for changing things — and with most non-institutionalized Americans convinced we are in a recession that is going to get much worse — it is surpassing odd that Plouffe was worried that his fellow Democrats might think the president and his men believed everything to be hunky-dory. And yet, if it is not overconfidence driving White House strategy, what is?

Obama Jobs Plan ‘Stimulus Junior’

From NewsMax.com: President Barack Obama’s jobs plan is nothing more than stimulus junior and is destined to fail like the five-year plans of the old Soviet Union, Rep. Ted Poe tells Newsmax.TV. The Texas Republican said that, simply put, the idea that giving the government more control over money by raising taxes and spending as [...]

Another Cronyism Scandal Snags Obama White House

From NewsMax.com: The Obama administration has been hit with a second scandal alleging cronyism — this time potentially compromising military safety. Four Star Gen. William Shelton was urged to alter his testimony to Congress to make it more favorable to a company with close ties to the White House, alleges Republican Rep. Mike Turner, chairman [...]

Solyndra loan: White House pressed on review of solar company now under investigation

From The Washington Post: The Obama White House tried to rush federal reviewers for a decision on a nearly half-billion-dollar loan to the solar-panel manufacturer Solyndra so Vice President Biden could announce the approval at a September 2009 groundbreaking for the company’s factory, newly obtained e-mails show. The Silicon Valley company, a centerpiece in President [...]

United States loses prized AAA credit rating from S&P

From Reuters.com: The United States lost its top-tier AAA credit rating from Standard & Poor’s on Friday in an unprecedented blow to the world’s largest economyin the wake of a political battle that took the country to the brink of default. S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about [...]

Gov’t Has Borrowed an Additional $29,660 Per Household Since Obama Signed Stimulus

From CNS News: The federal government has borrowed an additional $29,660 per household in the United States since President Barack Obama signed his economic stimulus law two years ago. That brings the total national debt to $125,475.18 per household. At the close of business on Feb. 17, 2009, the day Obama signed the $787-billion law, the national [...]

Democrats Introduce 1,924-Page, $1.1 Trillion Spending Bill 2.5 Weeks Before Lame Duck Session Ends

From CNSNews.com: Senate Democrats today introduced a 1,924-page omnibus spending bill for fiscal year 2011, forgoing a planned continuing resolution to fund the federal government until the next Congress could take up the issue after Jan. 3. The massive bill, the FY2011 Omnibus Appropriations Act, includes funding for the new health care law backed by the [...]

The Obama Stimulus Super Train to Nowhere

From The Heritage Foundation: Yesterday, Transportation Secretary Ray LaHoodrescinded nearly $1.2 billion in stimulus funds from Wisconsin and Ohio after the states’ respective newly-elected governors, Scott Walker and John Kasich respectively, said they would follow through on their campaign promise not to waste their states’ money on high speed rail. So what does the Obama [...]

Something very, very weird is going on in Washington

From Right Wing News: Are the wheels coming off the bus, or are we witnessing the most brilliant, and dangerous, political theater in our life times? Here’s what it looked like a few days ago: the President caved on maintaining the current tax rate, leaving Republicans triumphant. In exchange, it seemed as if the Republicans [...]

Obama’s Failure Agenda

From Intellectual Conservative: How’s that stimulus package working out. Normally, we assume that anyone who runs for and assumes the office of president has an agenda intended to succeed and thereby ensure that history will look favorably on his accomplishments. The men who served in that office craved success and loathed failure. Barack Obama didn’t [...]

“Obama 2.0”: New Look, Same Old Job-Killing Policies

From Liberty.com: All the soul-searching going on at the White House is fast adding up to more job-seeking for the American people.  In the upcoming New York Times Magazine piece about the Obama White House – you know, the one in which the president likens communicating with the citizenry to ‘marketing and P.R.’ – there is [...]

Oops. Obama’s ‘Saved Job’ Was Just Lost

From Right Wing News: Oh, it was a thing to be celebrated when Obama’s payoff to the teachers unions back in August “saved” the job of Ohio school teacher Amanda VanNess. It was such a thing of wonder that the big guy flew the elementary school teacher all the way to D.C. for an Oval [...]

Nearly 50 Percent Leave Obama Mortgage-Aid Program

From NewsMax.com: Nearly half of the 1.3 million homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out. The program is intended to help those at risk of foreclosure by lowering their monthly mortgage payments. Friday’s report from the Treasury Department suggests the $75 billion government effort is failing to slow the [...]

Obama’s Got His Facts Wrong on Stimulus

From Townhall.com: The Columbus Dispatch is busy today working to correct the lies “misinformation” delivered by Pres. Barack Obama during his recent visit.  When Obama landed in the state capital on Wednesday, he set out to demonstrate the unmistakably positive impact of his stimulus plan.  But the Columbus Dispatch is saying, “Uh, not so fast, [...]

Americans to Obama: Don’t Cut Defense

From The Heritage Foundation: Following billion dollar bailouts and stimulus packages, the Administration is hoping to find “savings” elsewhere in the federal budget. One of its targets is defense. According to Defense Secretary Robert Gates, the “gusher” of defense spending “has been turned off, and will stay off for a good period of time.” His [...]

President Obama’s $1 Billion Earmark

From The Heritage Foundation: Sen. Tom Coburn (R-OK) likes to say that Congressional earmarking has become the gateway drug to federal overspending.  Is there any better evidence of this theory than President Barack Obama’s $1 billion earmark for a special project in Illinois that was slipped into his failed $862 billion stimulus?  According to Secretary of Energy [...]

Another Green Jobs Debacle from Obama’s Failed Stimulus

From The Heritage Foundation: The New York Times reports today that only 8.4% of the $3.2 billion Congress included in President Barack Obama’s failed stimulus to create green jobs by improving energy efficiency has been spent through July. From the NYT: The program was to provide money for the purchase of better lighting or heating and [...]

Summer of Corruption: Obama’s billion-dollar earmark for shady Illinois energy boondoggle

From Michelle Malkin: Like so much that emanates from Washington, this latest summer of corruption tale stinks. Back in February 2009, you may recall that government spending watchdog GOP Sen. Tom Coburn first called attention to a $2 billion earmark in the Obama stimulus bill to to re-start FutureGen, a near-zero emissions coal power plant in [...]

Obama’s Failed Stimulus and Opportunities Forgone

From The Heritage Foundation: The immediate effects of Obama’s policies are easily seen. We can observe the workers of which billions of dollars have been spent to employ. We are aware of the entitlement checks given by the pen stroke of congress. It is inferred that the recovery plan actually recovers. However, Obama’s legislative activism has [...]