Monday, October 15, 2012

CBO: Bailout Will Lose $24 Billion


Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion. Who to Believe!!!!


(CNSNews.com)  President Barack Obama said on Thursday that “we got back every dime we used to rescue the financial system."
According to the Congressional Budget Office, however, the government will lose about $24 billion on the bailout.
“We got back every dime we used to rescue the financial system, but we also passed a historic law to end taxpayer-funded Wall Street bailouts for good,” Obama said in Miami Thursday.
The Congressional Budget Office--based on figures from Obama’s own Office of Management and Budget---gives a different assessment.
“The cost to the federal government of the TARP’s transactions (also referred to as the subsidy cost), including grants for mortgage programs that have not yet been made, will amount to $24 billion,” said the CBO report, which was released on the same day Obama spoke.
Via: CNS News
Continue Reading...

Obama Bans Drilling in Half of Alaska's 'Petroleum Reserve'


WALL STREET JOURNAL - President Obama is campaigning as a champion of the oil and gas boom he's had nothing to do with, and even as his regulators try to stifle it. The latest example is the Interior Department's little-noticed August decision to close off from drilling nearly half of the 23.5 million acre National Petroleum Reserve in Alaska.
The area is called the National Petroleum Reserve because in 1976 Congress designated it as a strategic oil and natural gas stockpile to meet the "energy needs of the nation." Alaska favors exploration in nearly the entire reserve. The feds had been reviewing four potential development plans, and the state of Alaska had strongly objected to the most restrictive of the four. Sure enough, that was the plan Interior chose.
Interior Secretary Ken Salazar says his plan "will help the industry bring energy safely to market from this remote location, while also protecting wildlife and subsistence rights of Alaska Natives." He added that the proposal will expand "safe and responsible oil and gas development, and builds on our efforts to help companies develop the infrastructure that's needed to bring supplies online."
The problem is almost no one in the energy industry and few in Alaska agree with him. In an August 22 letter to Mr. Salazar, the entire Alaska delegation in Congress—Senators Mark Begich and Lisa Murkowski and Representative Don Young—call it "the largest wholesale land withdrawal and blocking of access to an energy resource by the federal government in decades." This decision, they add, "will cause serious harm to the economy and energy security of the United States, as well as to the state of Alaska." Mr. Begich is a Democrat.
The letter also says the ruling "will significantly limit options for a pipeline" through the reserve. This pipeline has long been sought to transport oil and gas from the Chukchi Sea, the North Slope and future Arctic drilling. Mr. Salazar insists that a pipeline could still be built, but given the Obama Administration's decision to block the Keystone XL pipeline, Alaskans are right to be skeptical.
Via: The Wall Street Journal

Continue Reading...

GOP Demands Obama Plan on Debt Ceiling


A pair of Senate Republicans is pressing the Treasury Department for details on when the government will reach its $16.4 trillion debt ceiling — and how long it can avoid hitting the limit.
Sens. Orrin Hatch (Utah) and Jeff Sessions (Ala.) asked Treasury Secretary Timothy Geithner on Monday to lay out a precise timeline for when the government expects to near the debt ceiling and what "extraordinary measures" can be taken to prolong the deadline.
The request comes while much of Washington is consumed with addressing the glut of Jan. 1 policy changes known as the "fiscal cliff," and serves as a reminder that the debt ceiling also looms as another high-stakes battle.
Hatch and Sessions are the ranking members of the Senate Finance and Budget committees, respectively.
According to the pair, the government is already drawing near the new limit.
Citing Treasury data, they said the government's debt load, as of Oct. 11, stood $275 billion below the new level, which was expanded by $2.1 trillion under the last-minute debt-limit deal reached in August 2011.
Via: The Hill

Continue Reading...

Convicted Terrorist Scheduled to Speak Before Presidential Debate


Convicted terrorist scheduled to speak Tuesday night before presidential debate
BY MATTHEW BOYLE
A convicted terrorist released from federal prison in December 2008 is scheduled to speak in Hofstra University’s “public area” outside Tuesday’s presidential debate between Barack Obama and Mitt Romney, The Daily Caller has learned.
Andrew Stepanian, a felon who went to prison for animal enterprise terrorism, appears on Hofstra University’s published schedule at 8:00 p.m., during the hour before the debate begins. Stepanian runs The Sparrow Project, a left-wing PR project whose website indicates connections with the Occupy Wall Street movement.
Stepanian, an ardent animal rights activist, was convicted in 2006 of terrorism stemming from a criminal conspiracy to target a company that tested medications on laboratory animals. He received a three-year sentence for his activities on behalf of Stop Huntingdon Animal Cruelty (SHAC).
Via: Weekly Standard

Continue Reading...

GOP STUDY: For Every Person Added to Labor Force, 10 Added to Those Not in Labor Force


For Every Person Added to Labor Force, 10 Added to Those Not in Labor Force
A new chart from the minority side of the Senate Budget Committee details the fact that, since January 2009, for every person added to the labor force, 10 have been added to those not in the labor force. Here's a chart showing the dwindling labor force:
That is, in nearly the four years, since President Obama took office in January 2009, only 827,000 people have been added to the labor force, while during that same time period, 8,208,000 have been added to those not in the labor force.
Via: Weekly Standard

Continue Reading...

Obama Travel Schedule Indicates Campaign Disaster


Obama travel plans show map is wide open
By Richard McGregor
“As I look out over the landscape today, everything screams ‘tie’,” said Bill Galston, of the Brookings Institution, a Washington think-tank. “Nothing – the national polls and the state polls – is outside the margin of error.”
“In 2008, the Obama campaign was expanding the map to places like Indiana, but that is not the case now.”
Mr Obama spent three full days in Iowa in early August, an almost unprecedented commitment of presidential time for a state with few votes to offer.
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/51466608-16eb-11e2-8989-00144feabdc0.html#ixzz...
“The schedule is very telling – it suggests that the Obama campaign sees the electoral college map as being completely in play,” said Mike Franc of the ­Heritage Foundation in Washington.



Romney Smokes Obama In Pre-Debate Coin Tosses


AP
HOFSTRA DEBATE DETAILS AND ORDER
1) Staging -Romney won the toss.  Romney will enter and remain stage right, camera left.  Obama will enter and remain stage left, camera right.
2) Order of candidate introductions - The Romney campaign lost the coin toss.  Obama will be introduced first.  Romney will be introduced second.  The campaigns will advise on exact wording of candidate introduction.
3) Order of questioning- Obama loses toss.  Romney will take the first question. Obama will take the second question.
4) Closing statements -There will be no closing statements at this debate.
5)  Spouses' order of introduction- Romney wins toss, Mrs. Romney will be introduced first.  Mrs. Obama will be introduced second.  The campaigns will advise on exact wording of introductions.
Via: Fox News

Continue Reading...

Catholic Bishops Call Biden Dishonest


America’s Catholic bishops have a problem with Vice President Joe Biden’s claim that religious institutions won’t be required to pay for insurance coverage that includes contraception, sterilization and drugs that may cause abortion.
They say it isn’t true.

"With regard to the assault on the Catholic Church, let me make it absolutely clear,” Biden said during his debate with Republican vice presidential nominee Rep. Paul Ryan on Thursday. “No religious institution -- Catholic or otherwise, including Catholic social services, Georgetown Hospital, Mercy Hospital, any hospital -- none has to either refer contraception, none has to pay for contraception, none has to be a vehicle to get contraception in any insurance policy they provide. That is a fact. That is a fact."

The U.S. Conference of Bishops disagreed, and issued a letter on Friday taking issue with Biden’s position.
“This is not a fact,” the letter states. “The HHS mandate contains a narrow, four-part exemption for certain ‘religious employers.’ ”

The bishops argue the White House offered a proposal in February that essentially would have put the responsibility of providing such drugs and services on the institution’s insurance companies. The offer was essentially rejected, and the issue is being played out in roughly 40 lawsuits, including one filed by the University of Notre Dame, in 12 federal courts across the country.

“That exemption was made final in February and does not extend to ‘Catholic social services, Georgetown Hospital, Mercy Hospital, any hospital,’ or any other religious charity that offers its services to all, regardless of the faith of those served,” the bishops’ letter continued.

They also said the proposal does not even “potentially” relieve organizations from the obligation to pay for contraception and to be a “vehicle” to get contraception.

The White House did not respond to a request Monday for comment.

Via: Fox News


Continue Reading...

White House reportedly preps strike team to take out terrorists tied to Libya attack



The White House has put special operations strike forces on standby and moved drones into the skies above Africa, ready to strike militant targets from Libya to Mali — if investigators can find the Al Qaeda-linked group responsible for the death of the U.S. ambassador and three other Americans in Libya.

But officials say the administration, with weeks until the presidential election, is weighing whether the short-term payoff of exacting retribution on Al Qaeda is worth the risk that such strikes could elevate the group's profile in the region, alienate governments the U.S. needs to fight it in the future and do little to slow the growing terror threat in North Africa.

Details on the administration's position and on its search for a possible target were provided by three current and one former administration official, as well as an analyst who was approached by the White House for help. All four spoke on condition of anonymity because they were not authorized to discuss the high-level debates publicly.

The dilemma shows the tension of the White House's need to demonstrate it is responding forcefully to Al Qaeda, balanced against its long-term plans to develop relationships and trust with local governments and build a permanent U.S. counterterrorist network in the region.

Vice President Joe Biden pledged in his debate last week with Republican vice presidential nominee Paul Ryan to find those responsible for the Sept. 11 attack on the U.S. Consulate in Benghazi that killed Ambassador Chris Stevens and three others.

"We will find and bring to justice the men who did this," Biden said in response to a question about whether intelligence failures led to lax security around Stevens and the consulate. Referring back to the raid that killed Osama bin Laden last year, Biden said American counterterror policy should be, "if you do harm to America, we will track you to the gates of hell if need be."

The White House declined to comment on the debate over how best to respond to the Benghazi attack.

Via: Fox News


Continue Reading...

Obama At Intense ‘Debate Camp’ At Virginia Golf Resort

WILLIAMSBURG, Va. (AP) — With the White House race barreling toward the finish, President Barack Obama and Republican challenger Mitt Romney were staying out of the spotlight Monday, underscoring the intense focus each campaign is placing on the second presidential debate.

President Barack Obama speaks on the phone to a volunteer during an unannounced visit to a campaign office on Oct. 14, 2012 in Williamsburg, Va. (credit: MANDEL NGAN/AFP/Getty Images)Obama’s campaign, seeking to rebound from a dismal first debate, promised a more energetic president would take the stage Tuesday at Hofstra University in Hempstead, N.Y. Romney’s team aimed to build on a commanding opening debate that gave the Republican new life in a White House race that had once appeared to be slipping away from him.

When the two candidates step back into the public eye at the debate, there will be exactly three weeks left until Election Day. But early voting is already underway in dozens of states, including some battlegrounds, giving the candidates little time to recover from any slipups.

Pres. Obama and Gov. Romney on the issues: Weigh in on the Presidential Forum
Much of the pressure in the coming debate will be on Obama, who aides acknowledge showed up at the first face-off with less practice — and far less energy — than they had wanted. The president and a team of advisers are seeking to regain focus with an intense, three-day “debate camp” at a golf resort in Williamsburg, Va.

“It is going great,” Obama said of his preparations Sunday, while taking a brief break to greet volunteers at a nearby campaign office.

Via: CBS DC

Continue Reading...

Exclusive: Study shows $1.2 trillion gap for public pensions

(Reuters) - The largest 100 public pension funds have around $1.2 trillion of unfunded liabilities, about $300 billion above the nearly $900 billion they reported themselves, according to a new actuarial study to be released on Monday.

A pair of elderly couples view the ocean and waves along the beach in La Jolla, California March 8, 2012. REUTERS/Mike BlakeThe pension systems reported a median funding level of 75.1 percent. The study by the actuarial firm Milliman, which used different ways to value assets and measure liabilities, finds an aggregate level of funding of 67.8 percent.

But Milliman, one of the world largest actuarial firms took a close look at U.S. public pension funding for the first time, and said the multibillion-dollar difference was good news.
Rebecca Sielman, the report's author, said results should reassure the public that America's public pensions in general are accurately reporting their funding shortfalls.

The difference between what public pensions across the United States have reported and what Milliman found wasn't significant, Sielman said. She noted that a relatively small change in the way the figures are calculated could lead to seemingly outsized results because the funds are so large.
"The numbers really didn't change that much," she said. "It really didn't move the needle."

Both the pension funds' reported results and Milliman's findings fell within the range of previous estimates from other studies of the total size of the public pension shortfall in the United States.
With the study, Milliman, stepped into the debate about whether public pensions are underreporting the size of their liabilities.

That hot-button issue revolves around how much money public employers - and, by extension, taxpayers - will have to contribute to cover future payouts for member benefits. It is a key issue at a time of dwindling revenues and tighter budgets for states and local governments.

Pension funds get money from the returns on their assets and from members' contributions. States and cities also pay into the funds, but their contributions are discounted based on how much money they think their investments will make over time.

Via: Reuters

Continue Reading...

Poll: 47 Percent Of New Yorkers Are Worse Off Financially Than They Were 4 Years Ago

NEW YORK (CBSNewYork/AP) - A new poll finds that 47 percent of New Yorkers say they are worse off financially than they were four years ago, compared to 37 percent who say their finances have improved.
The Siena College poll released on Friday also found that 68 percent of New York state residents support raising the federal income tax for high earners.
Around 75 percent favor increased development of  domestic energy sources, including oil and natural gas.
New Yorkers are evenly split when it comes to support for recent federal health care reforms. Forty three present said they support the changes. Forty percent favor repealing them.
The telephone survey of 621 New York state residents over 18 was conducted from Oct. 2 to 6. The margin of error is plus or minus 3.9 percentage points.
Do you feel that you’re worse off now than you were four years ago? Let us know in the comments section below…

Via: CBS New York

Continue Reading...

City to recognize Black Panthers Marker to honor volunteer efforts in community


Born out of the tumult of the 1960s, the Black Panther Party is usually portrayed as a militant organization with radical political views.
But there's another side to the story of the Black Panthers, one that involved feeding breakfast to poor children, operating an ambulance service for people in neglected areas, screening people for sickle-cell anemia and infusing a spirit of black pride within their communities.
That version of the Black Panther story will be recognized today when city officials unveil a historic marker for the Winston-Salem chapter of the Black Panther Party at the northeast corner of Martin Luther King Jr. Drive and Fifth Street, near the group's former headquarters.
The Winston-Salem chapter, organized in 1969, was the first to be formed in the Southeast.
Nelson Malloy, an early member of the party who later became member of the Winston-Salem City Council, said he never imaged the Panthers would be recognized in such an official capacity.
"But we are, in fact, part of the city's history," he said.
Mark Maxwell is the chairman of the city's 12-member Historic Resources Commission that selects historic markers.
Most members of the commission were familiar with the violent past of the national Panther Party, Maxwell said.
But once they learned of the local Panthers' positive impact on the community, their views shifted, she said.
"We felt we had an organization that had a story," Maxwell said.
City Council Member Derwin Montgomery suggested the marker, and a city intern helped organize the application, said Leslie Pegram, the historic resource officer for the Historic Resource Commission.
The commission usually has funding to mark two historic sites each year, she said. The Katie B. Reynolds Memorial Hospital, a segregated hospital that served the black community, received a marker earlier this year.
Montgomery said that the local Panther movement came at a time when many blacks distrusted the police.
"You had some who chose a passive stance, the nonviolent approach, and those who chose the Malcolm X or Black Panther Party approach," he said. "We recognize much from the nonviolent portion of the movement but there are also positive things that came out from the other side as well."
But the local Panthers were not averse to violence or the threat of violence. In 1971, they exchanged gunfire with Winston-Salem police near their headquarters when police arrived to investigate a stolen truck. They also threatened to use violence if a local woman, who had been evicted, was not allowed to return to her home on Locust Street.
A 1970 newspaper photo showed a young, solemn-faced Larry Little, his hands gripping a shotgun, standing sentry behind the woman.
That confrontation ended peacefully after someone agreed to pay the woman's rent.
Little, a longtime professor at Winston-Salem State University, also served on the city council.
He and Malloy are scheduled to speak at today's program, which begins at 3 p.m.
The social awareness that Malloy gained as a member of the party has served him and other former Panthers in the years since the local group dissolved in 1977.
"It allowed us to continue our dedication to the community and to be agents of change," Malloy said.

Moderator Role Under Scrutiny — Before the Debate


In a rare example of political unity, both the Romney and Obama campaigns have expressed concern to the Commission on Presidential Debates about how the moderator of the Tuesday town hall has publicly described her role, TIME has learned.
While an early October memorandum of understanding between the Obama and Romney campaigns and the bipartisan commission sponsoring the debates suggests CNN’s Candy Crowley would play a limited role in the Tuesday-night session, Crowley, who is not a party to that agreement, has done a series of interviews on her network in which she has suggested she will assume a broader set of responsibilities. As Crowley put it last week, “Once the table is kind of set by the town-hall questioner, there is then time for me to say, ‘Hey, wait a second, what about X, Y, Z?’”
In the view of both campaigns and the commission, those and other recent comments by Crowley conflict with the language the two campaigns agreed to, which delineates a more limited role for the moderator of the town-hall debate. The questioning of the two candidates is supposed to be driven by the audience members themselves — likely voters selected by the Gallup Organization. Crowley’s assignment differs from those of the three other debate moderators, who in the more standard format are supposed to lead the questioning and follow up when appropriate. The town-hall debate is planned for Tuesday at 9 p.m. E.T. at Hofstra University in Hempstead, N.Y.
According to the town-hall format language in the agreement, after each audience question and both two-minute responses from the candidates, Obama and Romney are expected to have an additional discussion facilitated by Crowley. Yet her participation is meant to be otherwise limited. As stated in the document: “In managing the two-minute comment periods, the moderator will not rephrase the question or open a new topic … The moderator will not ask follow-up questions or comment on either the questions asked by the audience or the answers of the candidates during the debate or otherwise intervene in the debate except to acknowledge the questioners from the audience or enforce the time limits, and invite candidate comments during the two-minute response period.” The memorandum, which has been obtained by TIME, was signed by lawyers for the two campaigns on Oct. 3, the day of the first presidential debate in Denver.
Via: Time

Continue Reading...

Obama Owns Shares Of Sensata, Personally Benefits By Outsourcing Of Jobs To China


The Obama October surprise has exploded with a whimper and not a bang.
Liberals have gone absolutely insane after snorting bathsalts under the name of “Sensata.” Supposedly, Romney is responsible for what Bain does 12 years after he left it, and Obama is not responsible at all for 4 years of failed economic policy.
And what is their claim? That Romney’s blind trust has holdings in this company that is off-shoring jobs from Illinois to China.
Pretty devastating. The only way this could be a dud is if Obama owned stock in this company as well…
For many sophisticated and wealthy investors, as well as for ordinary workers invested in pension funds, China is a part of any diversified investment strategy. President Obama, a former Illinois state senator, has as much as $100,000 in a state retirement plan that contains shares of SensataTechnologies, the same auto parts company controlled by Bain that is closing its Illinois factory.
 Oh… it would seem that this is a non-story then, right?
Not when you’re snorting bathsalts. The liberals are dedicated to spreading this smear while ignoring the obvious problems with the criticism, including the fact that one of Obama’s most prolific fundraising bundler headed Bain during the closing of GST steel, the other attempt to derail the Romney campaign with lies.
The real surprise here is how desperate the Obama tactics are this late in the game…

UPDATE:

Some liberals are still running around like Big Birds with their heads cut off, screeching “Sensata! Sensata!” The far left commies at Daily Kos put out“5 Facts about Sensata You Need to KNOW!”
Even those Marxist chakra-massagers had to admit that, “Mr. Romney had nothing to do with that decision.” Then they confuse their lemmings with a concatenation of half-truths in order to let them loose on the world screaming insanely.


Sunday, October 14, 2012

The Reality Principle


Column: Obama and Biden were winning—until they faced actual opponents

Obama And The Triumph Of Cargo Cult Economics


Over the past four years the American middle class has suffered an unprecedented decline. At this writing the labor for participation rate is the lowest since 1981 and for men it is the lowest since that statistic has been gathered. Household income has plummeted by 7.3% equating to over $4,000 per family. The number of persons on food stamps has nearly doubled in a mere four years. The unemployment rate continues to decline only by statistical legerdemain and reducing the number of people actively looking for work by demoralizing them.
Instead of taking firm action to preserve the middle class, the Obama regime has engaged in a full frontal assault on the middle class in order to reduce it to a state of government dependency.
Our home loans are no longer held by local banks, they are secured by the United States government. Superficially private sector jobs in industry sectors chosen to be winners by government bureaucrats only exist because of extravagant government subsidies… and some of those jobs being created in foreign countries. The agricultural sector is being wildly distorted in the service of ethanol production. Students are being inveigled into taking out loans to acquire an education that is either irrelevant or superfluous in the modern world (really, a master’s degree in jazz flute? What did you think was going to happen?)
As we’ve chronicled over the past month, the economic strategy pursued by the Obama regime is nothing more that cargo cult economics (here | here | here | here). Simply put, the regime has attempted to bolster the middle class using exactly the same method that Neolithic South Pacific islanders have used to continue receiving food and supplies from the United States. Instead of building a bamboo C-47 they are creating the trappings of a middle class society, e.g. a college education, a job, etc., without strengthening the underlying economy which supports it.

ABC Censors Obama-Communist Joke


Michael Schneider reported about campaign plot lines showing up in network sitcoms in the October 15-21 edition of TV Guide. NBC's gay sitcom "The New Normal" had an "Obama Mama" episode,  and ABC's Tim Allen sitcom "Last Man Standing" will debut in November with an Obama-fan-vs-. Romney- fan plot.
In an age in which the networks can't seem to censor anything -- and in which ABC can put on a show like "Good Christian Bitches" (oops, let's abbreviate it) -- the censors will spike some things...like joking Barack Obama is a communist:
On Last Man Standing’s Season 2 premiere, set to air November 2 – four days before the election – Allen’s character, a Romney supporter lobbies his daughter, Mandy, to vote for the Republican candidate. On the other side, Mandy’s older sister makes a push for Obama. “It’ll be something regular people care about, so our characters should care about it,” says exec producer Tim Doyle.

Helping to balance the show is the fact that Doyle leans left, while Allen leans slightly right of center. Allen says the episode goes “back and forth, weighted so it’s like a teeter-totter. But at the end, I wanted it off balance.” He won’t say how it finally tilts.

Doyle and Allen did have to fight the network and studio on some content. Specifically, Allen says the standards department took issue with his character calling Obama a communist. Allen fought to keep that in – noting he finds it funny when conservatives paint the president with that label – but it appears he lost that battle as none of the references made the final cut.
"We all really love Archie Bunker," said Allen of playing a Bunkeresque character. "And that's where we're going. I push every button and love pushing them." ABC won't allow certain buttons to be touched. It's almost funny that the censors would be so lax on sex and violence, but will clamp down like Bonnie Bluehair on Obama jokes. Is this their only Thou Shalt Not?
Update 12:42 | Matthew Sheffield. This isn't the first time that ABC has censored its own programming to please Democratic sensibilities. The famous 2006 mini-series "The Path to 9/11" was gutted by ABC at the behest of former president Bill Clinton. To this day, unlike any other highly rated programming that ABC has paid for, "Path" actually still has not been released on DVD due to pressure from Democrats.
Via: Newsbusters

Continue Reading...

Report: Global Warming Stopped 16 Years Ago


  • The figures reveal that from the beginning of 1997 until August 2012 there was no discernible rise in aggregate global temperatures
  • This means that the ‘pause’ in global warming has now lasted for about the same time as the previous period when temperatures rose, 1980 to 1996

  • The world stopped getting warmer almost 16 years ago, according to new data released last week. 
    The figures, which have triggered debate among climate scientists, reveal that from the beginning of 1997 until August 2012, there was no discernible rise in aggregate global temperatures.
    This means that the ‘plateau’ or ‘pause’ in global warming has now lasted for about the same time as the previous period when temperatures rose, 1980 to 1996. Before that, temperatures had been stable or declining for about 40 years. 
    global temperature changes
    global temperature changes

    Research: The new figures mean that the ¿pause¿ in global warming has now lasted for about the same time as the previous period when temperatures rose, 1980 to 1996. This picture shows an iceberg melting in Eastern Greenland
    Research: The new figures mean that the 'pause' in global warming has now lasted for about the same time as the previous period when temperatures rose, 1980 to 1996. This picture shows an iceberg melting in Eastern Greenland
    The new data, compiled from more than 3,000 measuring points on land and sea, was issued  quietly on the internet, without any media fanfare, and, until today, it has not been reported. 
    This stands in sharp contrast  to the release of the previous  figures six months ago, which went only to the end of 2010 – a very warm year. 
    Ending the data then means it is possible to show a slight warming trend since 1997, but 2011 and the first eight months of 2012 were much cooler, and thus this trend is erased.

    Via: Daily Mail

    Continue Reading...

    Why Big Bird’s Federal Subsides Need to Go


    The call to eliminate federal subsidies to the Public Broadcasting Service (PBS), such as Governor Mitt Romney’s recent statement, shouldn’t ruffle the famous fowl.
    After all, not only does PBS not need taxpayer support, but because it inevitably entangles Big Bird in politics, it does him more harm than good.
    Federal contributions to the Corporation for Public Broadcasting (CPB), which distributes money to PBS, totaled $444 million in FY 2012. While that may not be a lot in Washington, which spent a whopping $3.54 trillion that year, it is real money to most Americans.
    But ending these subsidies wouldn’t break the bank for public broadcasting. In FY 2010 (information available to date), the CPB subsidies amounted to only 15 percent of public broadcasting station’s total funding. Other sources included listener and viewer contributions, university and foundation support, and business underwriting. Sesame Street itself received only $1.4 million in a federal grant through CPB in FY 2012. As Sherrie Westin, executive vice president and chief marketing officer of Sesame Workshop, affirms:
    [Sesame Workshop] receives very, very little funding from PBS. So, we are able to raise our funding through philanthropic, through our licensed product, which goes back into the educational programming, through corporate underwriting and sponsorship.
    Big Bird and his popular Sesame Street neighbors would not disappear if federal ties are severed. Westin adds that “when they always try to tout out Big Bird, and say we’re going to kill Big Bird—that is actually misleading, because Sesame Street will be here.”
    The “Golden Condor” has quite a healthy nest egg, too: Sesame Workshop reported a net worth of $356 million as of June 2011.
    Via: The Foundry
    Continue Reading...

    Obamacare 2013: Now Playing At A State Capitol Near You


    If elected, Mitt Romney vows to “end” it.

    If re-elected, Barack Obama says he’s “open to amending” it.

    But regardless of who wins the presidency next month, conscientious voters need to know this: Obamacare is already costing taxpayers lots o fmoney, and within the next few months it will cost millions of dollars more.

    It’s bad enough that President Obama’s “if you like your Doctor, you can keep your Doctor” promise has proven false.  And it’s bad enough that his promise to “bend the healthcare cost curve downward” has proven to be fictitious, as well (according to MIT Economist Jonathan Gruber prices for private insurance will likely increase 30% by 2016 – this, despite Gruber’s support of the President’s claims in 2009).

    Now, state governments are spending taxpayer-funded time and resources figuring out how to comply with the federal mandates. The Obamacare law has imposed a deadline of November 16th, whereby the states must explain to the U.S. Department of Health and Human Services what they intend to do about the establishment of their respective “healthcare exchanges” - the government organized group of standardized health insurance plans from which citizens private citizens and organizations will be permitted to purchase health plans – and the states are deciding now how to proceed.

    Via: Canada Free Press

    Continue Reading...


    Popular Posts