Thursday, January 31, 2013

Top 8 stories the media have buried...just since last week

So many newsworthy things happened just in the past couple of weeks, that it'd be difficult to focus on just one. So here's a round-up from with links to further reading, in case you're interested:

In his second inaugural address last week, President Obama presented a vision for our country that is radically different from what our Founding Fathers intended. Rather than focus on the individual's inalienable rights, and encourage the individual pursuit of life, liberty and happiness, Obama is focusing on things like redefining the marriage and global warming. Read "Obama's Radicalism Revealed", by Matthew Spalding.

Californians will end up paying about 13 percent more for their electricity in 2020 because of their renewable energy standards. That’s on top of an expected increase of nearly 20 percent that will happen because of other new regulations on the energy sector, including a cap-and-trade program. Read “The Looming Rate Bomb: The 33 Percent Renewable Electricity Mandate and Electric Prices in California,” by Benjmain Zycher, Pacific Research Institute.

In her testimony on what went wrong in Benghazi , Libya, on Sept. 12, 2012, Secretary of State Hillary Clinton asked, “What difference, at this point, does it make?” She further said she couldn’t have been aware of the embassy’s own warnings about its deteriorating security, because she receives: “1.43 million cables" addressed to her. Yet she claims she takes full responsibility. Read “Clinton on Benghazi: Protest, Terrorist Attack—What Difference Does It Make?” by Helle Dale, The Foundry; and “Clinton Takes One for Her Team,” by Morgan Lorraine Roach, The Foundry.

As both Congress and the Obama administration contemplate new federal money for infrastructure, they might notice what the rest of the world seems to have noticed: private funding for infrastructure works better than public funding. Read “Infrastructure Investment: A State, Local, and Private Responsibility,” by Chris Edwards, Cato Institute.

Despite President Obama’s pro-labor policies, unions have lost more members during Obama’s four years in office so far than they did during President Bush’s eight. Read “Why the Unions Are Shrinking,” by Diana Furchtgott-Roth, Washington Examiner.

Technically, according to the National Bureau of Economic Research Business Cycle Dating Committee, the most recent recession ended in June 2009. In theory, the rationale for deficit spending ended on that date as well. But if it is necessary to run deficits whenever conditions are ‘not very satisfactory,’ when will we not run deficits? Read “16 Tons of Keynesian Economics,” by Arnold Kling, The American.

Average hourly wages adjusted for inflation might be liberals’ favorite statistic; but if you understand what it’s really measuring, then you understand that it doesn’t tell the story of middle class stagnation that liberals think it does. Read “The Myth of a Stagnant Middle Class,” by Donald Boudreaux and Mark Perry, Wall Street Journal.

Part time professors, like part time workers at Taco Bell, are feeling the pinch of ObamaCare mandates, too. Some schools are trying to make sure their part-time teachers do not work more than 30 hours per week, so that they can avoid ObamaCare’s mandate to provide them with health insurance. Read “Confused Professors Shocked Schools Are Cutting Their Hours to Avoid Obamacare Penalties,” by Marc Thiessen, AEIdeas.

I hope you find these articles interesting...and when my own crazy work schedule slows down a bit, I'll get back to my regular blog posts. Thanks for understanding!

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