Monday, July 09, 2012

A Step Where? - July 9, 2012

Following a weekend of misstatements and gaffes by President Obama and other surrogates, it could be a bad week for the Obama campaign.  If this mornings headlines are any indication, the Obama campaign is attempting to redirect the rhetoric away from his economic record toward the "soak the rich" campaign he enjoys touting to anyone who is still listening.  More articles on the political front in a moment.

Sad news from Los Angeles yesterday, Oscar-winning actor Ernest Borgnine, 95, died in Cedar Sinai Medical Center of renal failure.

Early in Borgnine's career he was typecast as "heavies" and was the actor who beat Frank Sinatra in From Here to Eternity

Brognine received the Oscar for his portrayal in Marty, the film adaptation of Paddy Chayefsky's play. His character was a man in his mid-thirties who believes he is so unattractive he will never find a woman. Borgnine was cast against type to play the lonely butcher.

In addition to the Borgnine Oscar, the film was awarded the Best Picture Oscar.  Not bad for a film that only cost $380,000.

For Boomers, Borgnine is best known as Quinten McHale the irascible commander of a misfit crew on a PT Boat in World War II in McHale's Navy.

In my estimation, Borgnine was an actor who fought against type and became one of Hollywood's legends.

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Friday President Obama say that 8.2 percent unemployment and the creation of 80,000 jobs was "a step in the right direction."  This was followed by DNC chairman Debbie Wasserman Schultz saying on Fox News Sunday she was "pretty happy with private sector job growth."  Are they reall that out of touch?  Yes!

Today President Obama will make another trip to the Rose Garden to announce he will accept an extension of the Bush-era tax cuts.  Not so fast, Obama will only extend those for wage earners under $250,000.  As in the past, the president and his campaign forget that many small businesses that are S-! corporations make over that amount.  The end result, small business will suffer a substantial tax increase hurting the economy and jobs further.

This has been argued before, over and over again.  The administration has never won this battle.  The House is planning to pass a bill extending all the tax cuts for a year.  While passage in the House is a certainty, the obstructionist Senate will not take up the bill before the election.

Both democrats and GOP members are saying that failure to pass an extension will resurrect the possibility of a "fiscal cliff" as the sequestration due to the failure of a bi-partisan commission failed last August will take effect by the end of the year.

With the few number of legislative days left before the election, little if any legislation will reach the President's desk.

More from Newsmax


President Obama's campaign is requiring attendees at his rallies and speeches to provide a photo-ID before entering.  Frankly, if it is for security reasons, it is not a bad idea.

It does sound a little hypocritical when Obama's DOJ is suing several states for requiring photo IDs for voting.  Many of the states targeted by AG Holder and the DOJ have written their laws using the law that was upheld by the US Supreme Court in Crawford v. Marion County Election Board.

The latest battle to uphold Voter ID laws starts today in the D. C. District Court as the case of Texas v Holder begins.  The arguments in the case are the same as in previous cases.

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Here's a story you will not hear or see on the mainstream media.  States that elected Republican governors in 2010 are experiencing unemployment rate drops.  Some are significant.

In Oklahoma the current unemployment rate is 4.8 percent a drop of over 20 percent since 2010.  Florida achieved a drop of 21 percent in the same time frame.  Michigan, one of the hardest hit states in the Obama recession, achieved a 22 percent drop with current unemployment at 8.5 percent.

Perhaps this means, GOP governors have plans and set policies that encourage growth.

More and a complete list of states achieving drops in unemployment here.


That's it for now.

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