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Obama’s Alinsky Strategy: Who’s Next?

“If I had a son, he’d look like Trayvon.” The death of Trayvon Martin is a tragedy–as was the death of a 6-year-old girl named Aliyah Shell (photo above), caught in the crossfire of gang violence over St. Patrick’s Day weekend in Chicago.

But Aliyah’s story received very little coverage, despite the event being more recent than the Martin tragedy, and despite the fact that it happened in President Barack Obama’s very own Chicago on a weekend when 49 people were shot and 10 others were killed.

No mention of Aliyah from the president. No public outpouring for a young mother who sat untangling her daughter’s hair as shots rang out. Nothing. And yet…

“If I had a son, he’d look like Trayvon.”

Why? Why would the president weigh in on this specific case at this specific time?

It’s not about wrong or right. It’s not about justice. It’s not about Trayvon Martin.

“The despair is there; now it’s up to us to go in and rub raw the sores of discontent, galvanize them for radical social change.”- Saul Alinsky

An interesting quote to consider, from the man who shaped the minds of those who shaped President Obama.

Now consider Obama’s former chief of staff Rahm Emanuel’s notorious statement: “You never want a serious crisis to go to waste.”

The meaning is the same. It is calculating and it is dangerous, part of a bigger picture–a multi-faceted war to divide America for the sole purpose of securing Obama’s re-election and subsequent radical social change.

Look at the contrived conflicts on the left wing’s political chessboard:

Move 1   Occupy Wall Street: the (self-appointed) 99% versus the 1%

Move 2   Contraceptive/abortifacient mandates: government versus religion

Move 3   Sandra Fluke: women versus conservatives (supposedly)

And now…

Move 4   Trayvon Martin: black versus “white” (so-called)

This is not complicated. President Obama is organizing. It’s that simple, and it’s straight out of the radical playbook:

“Once you organize people, they’ll keep advancing from issue to issue toward the ultimate objective: people power. We’ll not only give them a cause, we’ll make life goddamn exciting for them again — life instead of existence. We’ll turn them on…” – Saul Alinsky

This is not about Trayvon Martin. This is about divide and conquer. Hope and Change has been replaced with Us vs. Them. This about pitting Americans against Americans.

The despair is there… so, what’s Move 5?

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HURT: Brutal Week for Obama, the Worst of His Presidency

Charles Hurt

The past seven brutal days will go down as one of the worst weeks in history for a sitting president. It certainly has been, without any doubt, the worst week yet for President Obama.

Somehow, Mr. Obama managed to embarrass himself abroad, humiliate himself here at home, see his credentials for being elected so severely undermined that it raises startling questions about whether he should have been elected in the first place — let alone be re-elected later this year.

Consider:

• Last Friday, Mr. Obama wandered into the killing of Trayvon Martin. Aided by his ignorance of the situation, knee-jerk prejudices and tendency toward racial profiling, Mr. Obama played a heavy hand in elevating a tragic situation in which a teenager was killed into a full-blown hot race fight.

Americans, he admonished, need to do some “soul-searching.” And then, utterly inexplicably, he veered off into this bizarre tangent about how he and the poor dead kid look so much alike they could be father and son. It was election-year race-pandering gone horribly wrong.

• By the start of this week, Mr. Obama had fled town and was racing to the other side of the planet just as the Supreme Court was taking up the potentially-embarrassing matter of Obamacare. While in South Korea he was caught on a hidden mic negotiating with the president of our longest-standing rival on how to sell America and her allies down the river once he gets past the next election.

• Meanwhile, back at home, the Supreme Court took up the single most important achievement of Mr. Obama’s presidency and, boy, was it embarrassing. The great constitutional law professor, it turns out, may not quite be the wizard he told us he was.

By most accounts, Mr. Obama and his stuttering lawyers were all but laughed out of the courthouse. They were even stumbling over softball questions lobbed by Mr. Obama’s own hand-picked justices.

• Mr. Obama closed his week pulling off a nearly unimaginable feat: He managed to totally and completely unify the nastily-fighting Democrats and Republicans in Congress. Late Wednesday night, they unanimously voted — 414 to zip — to reject the budget Mr. Obama had presented, leaving him not even a thin lily’s blade to hide behind.

So, in one week, Mr. Obama got caught whispering promises to our enemy, incited a race war, raised serious questions about his understanding of the Constitution, and then got smacked down over his proposed budget that was so wildly reckless that even Democrats in Congress could not support it.

It was as if you lumped Hurricane Katrina and the Abu Ghraib abuses into one week for George W. Bush. And added on top of that the time he oddly groped German Chancellor Angela Merkel and got caught cursing on a hot mic.

Even then, it wouldn’t be as bad as Mr. Obama’s week. You would probably also have to toss in the time Mr. Bush’s father threw up into the lap of Japan’s prime minister. Only then might we be approaching how bad a week it was for Mr. Obama.

Not that you will see any trace of embarrassment in the face of Mr. Obama. He has mastered the high political art of shamelessness, wearing it smugly and cockily. Kind of like a hoodie.

Read the rest here.

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Obama Kills Oil Drilling off Atlantic Coast for At Least 5 Years

Devin Dwyer

The Obama administration today endorsed new oil and gas exploration along the Atlantic Coast, setting the stage for possible future drilling lease sales.

The announcement by the Interior Department sets into motion what will be at least a five year environmental survey to determine whether and where oil production might occur.

It also comes as President Obama faces mounting pressure over high gas prices and criticism from Republicans that he has opposed more drilling for oil.

“Making decisions based on sound science, public input and the best information available is a critical component to this administration’s all-of-the-above energy strategy,” said Interior Secretary Ken Salazar.

But Republicans say the announcement is simply for show. Obama delayed and then cancelled a planned 2011 drilling lease sale for areas off the Virginia coast following the BP oil spill in the Gulf.

There are also no guarantees the administration will approve drilling permits at the end of the environmental review.

“The president’s actions have closed an entire new area to drilling on his watch and cheats Virginians out of thousands of jobs,” said Rep. Doc Hastings, R-Wash., who chairs the House Natural Resources Committee.

The announcement “continues the president’s election-year political ploy of giving speeches and talking about drilling after having spent the first three years in office blocking, delaying and driving up the cost of producing energy in America,” he said.

“If President Obama truly wanted to support energy production in the Atlantic, he would immediately reinstate the lease sale that he canceled.”

House Republicans say approving drilling off the Virginia coast would create at least 2,000 jobs and produce 750 million barrels of oil.

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Documentary: Orwell Rolls In His Grave

You are still free to discover the truth. Perhaps one day that will not be.

Cheers on your pleb robotic weeknd activities…..

[youtube://http://www.youtube.com/watch?v=g_lYGyIaK80 450 300]

Director Robert Kane Pappas’ “Orwell Rolls Over In His Grave” is the consummate critical examination of the Fourth Estate, once the bastion of American democracy. Asking whether America has entered an Orwellian world of doublespeak where outright lies can pass for the truth, Pappas explores what the media doesn’t like to talk about: itself.

Meticulously tracing the process by which media has distorted and often dismissed actual news events, Pappas presents a riveting and eloquent mix of media professionals and leading intellectual voices on the media.

Among the cast of characters in “Orwell Rolls Over In His Grave” are Charles Lewis, director of the Center for Public Integrity, Vincent Bugliosi, former L.A. prosecutor and legal scholar, film director and author Michael Moore, Rep. Bernie Sanders, Danny Schecter, author and former producer for ABC and CNN, and Tony Benn, former member of the British Parliament.

“Orwell Rolls Over In His Grave” expresses ideas that will never be heard in mainstream media. From Globalvision’s Danny Schecter: “We falsely think of our country as a democracy when it has evolved into a `mediacracy’, where a media that is supposed to check political abuse is part of the political abuse.” New York University media professor Mark Crispin Miller says, “These commercial entities now vie with the government for control over our lives. They are not a healthy counterweight to government.”

Joseph Goebbels, former head of Nazi propaganda, said that what you want in a media system- he meant the Nazi media system – is to present the ostensible diversity that conceals an actual uniformity. From the very size of the media monopolies and how they got that way to who decides what gets on the air and what doesn’t, “Orwell Rolls Over In His Grave” moves through a troubling list of questions and news stories that go unanswered and unreported in the mainstream media.

Are Americans being given the information a democracy needs to survive or have they been electronically lobotomized? Has the frenzy for media consolidation led to a dangerous irony where, in an era of more news sources, the majority of the population has actually become less informed? Orwell Rolls Over In His Grave reminds us that 1984 is no longer a date in the future.

[youtube://http://www.youtube.com/watch?v=UmNV8_VBGX0&feature=related 450 300]

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House Passes G.O.P. Budget Plan, Mostly Along Party Lines

” A fierce two-day debate over a Republican budget plan portrayed as either a path to prosperity or a road to ruin ended Thursday with House passage of a blueprint that would transformMedicare, cut domestic spending to levels not seen since World War II and order up a drastic overhaul of the tax code.

The plan, which passed 228 to 191, with no Democratic votes and 10 Republican defections, will form the template around which much of the 2012 election will be fought. Democrats will try to hang its extensive changes to Medicare around the necks of vulnerable Republican candidates, along with the accusation that Republicans supported a program to punish the poor and elderly while rewarding the rich with still more tax cuts. Republicans will say theirs is the party willing to make the tough choices to tame a soaring federal debt.

“It is so rare in American politics to arrive at a moment in which the debate revolves around the fundamental nature of American democracy and the social contract, but that is exactly where we are today,” said Representative Paul D. Ryan of Wisconsin, chairman of the House Budget Committee and the architect of the blueprint, adding, “Today’s budget is a vote of confidence for the American experiment.”

Democrats said they saw nothing brave in voting to decimate programs for the poor, like food stamps andMedicaid, while offering potentially huge tax cuts for the rich.

The White House press secretary, Jay Carney, said, “Today’s vote stands as another example of the Republican establishment grasping onto the same failed economic policies that stacked the deck against the middle class and created the worst financial crisis in decades.”

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Critical Race Theory and the Trayvon Martin Case

by Joel B. Pollak

The Trayvon Martin case shows, once again, the effect of Derrick Bell’s radical Critical Race Theory on President Barack Obama and his administration.

Critical Race Theory holds that the law itself is characterized by white supremacy–an idea Obama invoked by insisting that Americans “examine the laws” that supposedly led to Martin’s death. And Bell often promoted his theory with fictional projections about race–just as racial fiction is driving Obama’s response to the case.

Consider the following quote, from Tuesday, March 27 (video below):

I’m not here just for George. I’m here for my kids. I’m here for every other young black man. I understand why everybody is upset. If I didn’t know George, I’d be upset, too. If I didn’t know what I know, I’d be just as outraged. But once this is all over, we still have to address the problem that has brought us to this point in the first place, and that’s the fear that we have of each other, the fear that we have of young black men…We’ve got a black president, and yet we continue to stereotype young black men. I get that. We’ve got to continue this conversation after this is over, because it goes beyond Trayvon and George…This particular incident, this confrontation between Trayvon and George, had nothing to do with race. But because of our racial history, because of Sanford’s racial history, that’s why we’re at where we are now…I’ve got an 18-year-old son. My heart goes out to the Martins. I am a black man. Like my friend George, I’m just trying to do the right thing.

Those were the tearful words of Joe Oliver, who has been defending his good friend Zimmerman in the midst of the media frenzy over Martin’s terrible death. Oliver is pleading with the public to consider, patiently, the facts of this particular case, without letting them be overwhelmed by broader–and valid–issues about race.

He is resisting a version of the Martin case told by the mainstream media, the organized left, and the Obama administration that is filled with fantasy and driven by Critical Race Theory’s assumptions about the law.

For the sake of argument, let’s assume that George Zimmerman is guilty of a crime for shooting and killing Trayvon Martin. Let’s further stipulate that young black men are routinely profiled and suspected of crimes, even when completely innocent.

Even with those assumptions in place, it is clear that important elements of the story are being invented, or obscured–the first being that Zimmerman is a “white Hispanic.”

That fabrication–“the police department hasn’t arrested Zimmerman because he is white and [Martin] was black”–allowed the media to set up the story as a racial morality play, a white-versus-black tale that defined the villain and the hero in trite, familiar terms.

Then President Barack Obama waded in, playing up the racial drama (“If I had a son, he’d look like Trayvon”). He suggested that beyond the “specifics of the incident,” we ought to do some “soul-searching” and “examine the laws and the context for what happened,” as if Martin had been killed by the legal system. That further fueled debate over “stand your ground” laws–which happen to protect black defendants as well.

As evidence mounted that the incident “had nothing to do with race,” as Oliver says, the left and its media outlets worked overtime to paint Zimmerman as a racist. MSNBC, for one, used selective editing to reinforce the meme, quoting Zimmerman as having told a 911 dispatcher: “This guy looks like he’s up to no good…he looks black.” The ellipsis hid the fact that it was the dispatcher who had asked Zimmerman about Martin’s race.

As the hysteria grew, Democrats, media commentators, and left-wing celebrities began advocating vigilante justice against Zimmerman–suggesting that he be locked up “for his own safety,” or tweeting what they thought was his home address. The irony that innocent black men were once victimized by similar methods in the not-too-distant past never occurred to the enraged perpetrators of this attempt at new media mob rule.

This was Andrew Breitbart’s “Democrat-media complex” at work–coordinating a false meme about race, ignoring available facts, and making up fake evidence to reinforce a political agenda that relies on division and fear. In the process, the media, the left, and the Obama administration not only made Zimmerman’s life–and other lives–miserable, but also denied Martin any real hope of justice by poisoning the potential jury pool.

Obama–the center of the crisis, and to some extent its intended beneficiary–once warned us about “jumping to conclusions until we have all the facts.” That was when the accused was Nidal Hasan, an avowed Islamic terrorist. Obama’s caution in that case was intended to obscure the faith of the killer.

In contrast, Obama’s response in the Martin case has reinforced media distortions about race, and Critical Race Theory’s distortions about the law itself.

Joe Oliver’s emotional words remind us that facts matter, that individuals matter, and that truth matters–and that these must take priority even over the very real racial issues with which our country struggles.

To speculate that Zimmerman is guilty based on the available facts is one thing; to convict him based on his supposed race, and on Martin’s, is the classic definition of “prejudice.”

And Obama, the media, and the left are promoting it.

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PARENTS OF MURDERED WHITE STUDENTS SLAM OBAMA FOR SILENCE

Headline via DrudgeReport.com

See video of gripping victim impact statements here

Parents of murdered British students criticise Barack Obama (via telegraph.co.uk)

The parents of two British students murdered in Florida have criticised President Barack Obama for his lack of compassion over their son’s deaths.

Shawn Tyson

Image 1 of 2
Shawn Tyson
 By Paul Thompson in Sarasota

3:00PM BST 29 Mar 2012

 His failure to respond to three letters sent to the White House was because there was no “political value” and not worthy of a few minutes of his time.

They spoke out as teenager Shawn Tyson began a life sentence after being found guilty of the murder of James Cooper and James Kouzaris last April.

The 17 year old, who shot the men as they begged for their lives, will die in prison.

His conviction of first degree murder carries an mandatory life sentence without the chance of parole.

The powerfully built teen even looked bored as emotional DVD presentations about the dead men prepared by their grieving parents were shown in court.

Tyson, who has the word ‘Savage’ tattooed across his chest didn’t show a flicker of emotion, slumping in his seat as he was forced to watch a montage of photos showing the victims from early childhood to young men.

Two close friends of the dead men who had attended the eight day trial in Sarasota, Florida. had also delivered highly emotional impact statements to the court prior to the sentencing.

Paul Davies and Joe Hallett spoke of the “living hell” they and others who knew the men had suffered since the murders.

During the eight day trial they had been shown graphic crime scene and autopsy photos shown in court.

Later speaking after Tyson was jailed Davies and Hallett lashed out at Mr Obama saying the deaths of their friends was “not worthy of ten minutes of his time.”

Davies said:”We would like to publicly express our dissatisfaction at the lack of any public or private message of support or condolence from any American governing body or indeed, President Obama himself.

“Mr Kouzaris has written to President Obama on three separate occasions and is yet to even receive the courtesy of a reply.

“It would perhaps appear that Mr Obama sees no political value in facilitating such a request or that the lives of two British tourists are not worthy of ten minutes of his time.”

The rebuke follows Mr Obama’s personal intervention into the shooting in Florida of a young black teenager by a white-Hispanic neighbourhood watch captain.

The death of 17 year old Trayvon Martin has sparked nationwide protests with his supporters claiming he was victim of a racist attack.

Mr Obama entered the controversy last week by saying if he had a son he would have looked like Martin.

The alleged assailant in Martin’s death has not been charged with any crime having claimed he was attacked first and used Florida’s ‘stand your ground’ law to shoot in self defence.

The criticism of the US President was made on behalf of the Cooper’s parents Stanley and Sandy, from Warwicks, and Peter and Hazel Kouzaris, from Northampton by Davies in a statement read outside the courtroom.

The parents of the two victims did not attend the trial but they had access to the proceedings from a live video feed.

The filmed interview of the Kouzaris’s was played to the court while a message from Sandy Cooper was read out by the prosecutor.

The victims close friends delivered an emotional impact statement with Hallett telling Tyson he hoped he would be haunted by his actions.

He told him: “Imagine them being killed. Now try to imagine that they died because someone creept up on them and shot them numerous times for no good reason. Welcome to our world. Every night you go to sleep, every morning you wake up, I want you to think of my friends who you murdered. Their images will be imprinted on your conscience up until your very last breath in life.”

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Obama Calls for End to Big Oil’s Tax Breaks

Source 

“President Barack Obama challenged Congress on Thursday to repeal billions of dollars in tax breaks for the biggest U.S. energy companies, saying they are raking in record profits while Americans struggle with higher gasoline prices.

“Today, members of Congress have a simple choice to make. They can stand with big oil companies, or they can stand with the American people,” he said at an event in the White House Rose Garden highlighting one of the hottest issues in the U.S. presidential campaign.

“Last year, the three biggest U.S. oil companies took home more than $80 billion in profit. Exxon pocketed nearly $4.7 million every hour,” Obama said.
Instead of rewarding oil companies, the United States should “double down” on clean energy, Obama said in his speech.

“Keep in mind, we can’t just drill our way out of this problem,” Obama said before a crowd of about 100 people, including representatives of environmental groups and Americans affected by the rising cost of gasoline.

The U.S. Senate was to vote on Thursday on legislation backed by Democrats that would eliminate more than $24 billion in tax deductions granted to big oil companies over the next decade. The measure would also extend some tax breaks intended to foster clean energy initiatives.”

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LOL: Obama Budget Defeated 414-0

They don’t call him Zero for nothin’…

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President Obama’s budget was defeated 414-0 in the House late Wednesday, in a vote Republicans arranged to try to embarrass him and shelve his plan for the rest of the year.

The vote came as the House worked its way through its own fiscal year 2013 budget proposal, written by Budget Committee Chairman Paul D. Ryan. Republicans wrote an amendment that contained Mr. Obama’s budget and offered it on the floor, daring Democrats to back the plan, which calls for major tax increases and yet still adds trillions of dollars to the deficit over the next decade.

“It’s not a charade. It’s not a gimmick — unless what the president sent us is the same,” said Rep. Mick Mulvaney, a freshman Republican from South Carolina who sponsored Mr. Obama’s proposal for purposes of the debate. “I would encourage the Democrats to embrace this landmark Democrat document and support it. Personally, I will be voting against it.”

But no Democrats accepted the challenge.

Read the rest here.

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The EPA Wrecking Ball: FUCK YOU and Cheap Energy

This is evil writ large.

Shutting down utilities that use coal, an energy source the U.S. has in such abundance that it could provide electricity for the next hundreds of years, and ensuring that no new ones are built fits in perfectly with all the Green pipedreams about “renewable” energy. Solar and wind presently provide about two percent of the nation’s electricity and, without government subsidies and mandates requiring their use, they would not exist at all.

How stupid is it to not build more nuclear power plants when this form of power doesn’t emit anything but energy?

How stupid is it not to use coal when the U.S. is the Saudi Arabia of coal?

How stupid is it to begin to find reasons to regulate and thwart fracking, the technology to access trillions of cubic feet of natural gas that has been in use for decades?

How stupid is it to cover miles of land, far from any urban center, with hundreds of solar panels or huge, ugly wind turbines that kill thousands of birds every year?

The sun does not shine all the time, nor does the wind blow all the time. In the event of overcast skies or a day without wind, traditional plants—those using coal, gas, nuclear or generating hydroelectric power—have to be maintained as a backup. Take away the coal-fired plants and there were be huge gap in the national grid.

Darkness will descend and Americans will begin to live with blackouts and brownouts that will undermine every aspect of our lives. It’s bad enough when a town or even a city briefly loses power because of a storm, but imagine that occurring on a regular basis because there just aren’t enough utilities generating power!

What kind of people stand by idly while its own government conspires to take away the primary source of energy that everything else depends upon? The answer? You. The answer is the many elected politicians that have done little to rein in a rogue government agency intent on undermining the nation by denying it the ability to generate power with the least expensive source of electricity, coal.

The EPA, an unelected bureaucracy, has just ensured that all Americans, industries, small businesses, and individuals will begin [sic] pay far more for electrical power.

Richard J. Trzupek, the author of “Regulators Run Wild” and an environment policy advisor for The Heartland Institute, said of the new rule, “With around 50,000 megawatts of coal-fired power set to be forcibly retired in the next few years—thanks to the draconian policies of Obama’s EPA—this rule ensures that no new modern, efficient coal fired power plants will be built to fill the gap.”

In a triumph of crony capitalism, Trzupek notes that “The big winner will be Obama’s good friend, GE Chairman Jeff Immelt. Since solar and wind cannot fill a 50,000 megawatt baseload gap, the only way to ensure continued reliability of the grid is to build a lot of natural gas-fired plants quickly. And who is the biggest supplier of natural gas-fired combustion engines? GE of course.”

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Ex-MF Global Edith O’Brien takes fifth at hearing

WASHINGTON (AP) — A former MF Global executive has refused to answer lawmakers’ questions about $200 million that was transferred out of a customer account days before the firm collapsed, invoking her Fifth Amendment right against self-incrimination.

Edith O’Brien, a former assistant treasurer at MF Global, was subpoenaed to testify before the House Financial Services oversight subcommittee hearing about an email she sent, which appears to contradict testimony from Jon Corzine, the firm’s then-CEO.

The email says Corzine ordered the transfer on Oct. 28 to cover an overdraft in the firm’s bank account in London. The committee cited the email in a memo released last week.

“On the advice of counsel, I respectfully decline to answer based on my constitutional right,” O’Brien responded to a question about the transfer.

Corzine testified in December that he never directed anyone to use customer funds to fix the overdraft and he wasn’t told that customer money was used.

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EPA proposes first limits on new power plants

Sweet. Say hello to rotting infrastructure. If new plants are going to be this hindered compared to old plants, old plants become way more valuable. I wonder how many Senators have been stocking up on utilities?

WASHINGTON – The Obama administration forged ahead on Tuesday with the first-ever limits on heat-trapping pollution from new power plants, ignoring protests from industry and from Republicans who have said the regulation will raise electricity prices and kill off coal, the dominant U.S. energy source.

But the proposal also fell short of environmentalists’ hopes because it goes easier than it could have on coal-fired power – one of the largest sources of the gases blamed for global warming.

“Right now, there are no limits to the amount of carbon pollution that future power plants will be able to put into our skies — and the health and economic threats of a changing climate continue to grow,” said Lisa Jackson, the head of the Environmental Protection Agency.

Older coal-fired power plants have already been shutting down across the country, thanks to low natural gas prices, demand from China driving up coal’s price and weaker demand for electricity.

Regulations from the EPA to control pollution blowing downwind and toxic emissions from power plants have also helped push some into retirement, causing Republicans in Congress and on the campaign trail to claim the agency will cause blackouts. Numerous studies and an AP survey of power plant operators have shown that is not the case.

The proposed rule will not apply to existing power plants or new ones built in the next year. It will also give future coal-fired power plants years to meet the standard, because it will eventually require that carbon pollution be captured and stored underground, or injected to extract more oil and natural gas. Such carbon capture technology is not yet commercially available.

By contrast, a new natural gas-fired power plant would meet the new standard without installing additional controls.

“There are areas where they could have made it a lot worse,” said Scott Segal, director of the Electric Reliability Coordinating Council, a coalition of power companies. Still, “the numerical limit allows progress for natural gas and places compliance out of reach for coal-fired plants” not planning to capture and sequester carbon dioxide, the chief greenhouse gas.

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Supreme Court Justices Ready to Strike Down the Entire Healthcare Law

Reporting from Washington—

The Supreme Court’s conservative justices said Wednesday they are prepared to strike down President Obama’s healthcare law entirely.

Picking up where they left off Tuesday, the conservatives said they thought a decision striking down the law’s controversial individual mandate to purchase health insurance means the whole statute should fall with it.

The court’s conservatives sounded as though they had determined for themselves that the 2,700-page measure must be declared unconstitutional.

“One way or another, Congress will have to revisit it in toto,” said Justice Antonin Scalia.

Agreeing, Justice Anthony Kennedy said it would be an “extreme proposition” to allow the various insurance regulations to stand after the mandate was struck down.

Meanwhile, the court’s liberal justices argued for restraint.Justice Ruth Bader Ginsburg said the court should do a “salvage job,” not undertake a “wrecking operation.” But she looked to be out-voted.

Chief Justice John G. Roberts Jr. and Justice Samuel A. Alito Jr. said they shared the view of Scalia and Kennedy that the law should stand or fall in total. Along with Justice Clarence Thomas, they would have a majority to strike down the entire statute as unconstitutional.

An Obama administration lawyer, urging caution, said it would be “extraordinary” for the court to throw out the entire law. About 2.5 million young people under age 26 are on their parents’ insurance now because of the new law. If it were struck down entirely, “2.5 million of them would be thrown off the insurance rolls,” said Edwin Kneedler….”


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France Considering Strategic Oil Release to Coordinate With the U.S. and the U.K.

“PARIS (Reuters) – France is in contact with Britain and the United States on a possible release of strategic oil stocks “in a matter of weeks” to push fuel prices down, Le Monde daily said on Wednesday, citing presidential sources.

France would join a UK-U.S. cooperation on a release of strategic oil stocks that is expected within months, two British sources said earlier this month, in a bid to prevent fuel prices choking economic growth in a U.S. election year.

The presidential office and the French energy ministry were not immediately available for comments.

Crude hit $128 a barrel this month, only $20 short of its 2008 peak, and is up more than 15 percent since January, largely because of sanctions against oil producer Iran.

They were down 0.6 percent to $124.85 by 0807 GMT on Wednesday.

Global oil supply outages are running at more than a million barrels a day, a Reuters survey has found, helping provide justification for the United States and Britain should they release strategic reserves in a bid to cut oil prices….”

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Obama’s 2nd-term agenda? House Dems Propose Raising Taxes by 40%, Including on Middle Class

James Pethokoukis

The “Budget for All” contains just about every sort of tax increase imaginable. It would, of course, allow the top-end Bush tax cuts to expire, as well as create five new tax brackets — 45%, 46%, 47%, 48%, and 49% — for “millionaires and billionaires.” In addition, House liberals would break new ground by slapping a European-style wealth tax of 0.5% on fortunes of $10 million or more. The plan also contains a bank tax and a financial transaction tax.

But it’s not just the wealthy and bankers who would get pinched. These Democrats would also raise income taxes on the broad middle. The CPC plan would “allow the 28% and 25% brackets to sunset once the economy is on solid footing, in 2017 and 2019, respectively.” That means higher taxes on families making over $70,000 a year — a big, fat, middle-class tax hike. And some of those families would also be paying more for energy thanks to the carbon tax that’s also in the CPC plan.

Amazing, these progressive Democrats don’t think all those tax hikes will hurt economic growth. Not one bit. Why? First, it’s now the liberal economic consensus that tax rates below 70-80% don’t hurt growth. Second, even if those tax hikes unexpectedly did trim growth a smidgen, they would be more than offset by a new $2 trillion stimulus plan full of such supposedly pro-growth measures as clean energy tax credits, advanced manufacturing tax credits, and a “Child Care Corps.”

Read the rest here.

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John Taylor Calls Into Question the Unprecedented Power of the Fed

“John Taylor, of the Taylor-Rule, who has not been sheepish with his views towards the Fed openly questioned the Fed’s independence during a speech to the Joint Economic Committee today. During his testimony at the hearing on the ‘Sound Dollar Act of 2012’, Taylor noted: “The discretionary interventions of the Federal Reserve have been ratcheted up in such unprecedented ways in recent years that they raise fundamental questions about the future of monetary policy.” Perhaps more pointedly, especially given Bernanke’s speech today on the Fed’s extreme actions and given the hope for a constant interventionist role for the Fed to keep our economy market afloat “The fact that the Fed can, if it chooses, intervene without limit into any credit market – raises more uncertainty, and of course raises questions about why an independent agency of government should have such power.”

 

Former St.Louis Fed head William Poole added “The bottom line is that use of the credit resources of the U.S. government should be decided by Congress and not by an appointed body such as the Federal Reserve,”

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