Gun Laws

A new Rasmussen Reports national telephone survey finds that 74% of American Adults continue to believe the U.S. Constitution guarantees the right of an average citizen to own a gun. Only 17% disagree, while nine percent (9%) are undecided. (1-10-13)

O! So anti-business

"Barack Obama is the most antibusiness president in a generation, perhaps in American history," writes Dinesh D'Souza, president of King's College in New York City, in the Sept. 27th edition of Indeed, BHO is living out the frustrated dreams of his father, who D'Souza describes as a "philandering, inebriated African socialist, who raged against the world for denying him the realization of his anti-colonial ambitions."

DC Democrats are the richest pols

Wealth is not in and of itself bad, but when the wealthy run around wildly spending other people’s money that’s practically criminal. So, we find it less than amusing that the spendthrift Democrats — check Omaba’s recent spending spree — are also the richest elected officials in Washington, DC.

The Web political publication, The Hill , just issued its list of the 50 richest politicians in DC, and eight of the top 10 are Democrats, which we list below.

Of the 50 richest members of Congress, The Hill says 26 are Democrats and 24 are Republicans.

What’s especially irritating is that Massachusetts Sen. John Kerry heads the list and he’s the guy we recently wrote about because he docks his new $450,000 sailing yacht in Rhode Island to avoid paying the Bay State’s sales and excise taxes. What a hypocritical cheapskate!

Of course, after the story hit every newspaper in America and many abroad, Kerry said he’d pay the $70,000 in taxes even though his boat would still be moored in RI. Kerry is the poster boy for adage, “Do as I say, not as I do.”

Here are the top 10 richest elected officials according to The Hill , where you can read the full list.

S. John Kerry, D-MA, 167M
R. Darrell Issa, R-CA, 164M
R. Jane Harman, D-CA, 112M
S. Jay Rockefeller, D-WV, 80M
S. Mark Warner, D-VA, 72M
R. Jared Polis, D-CO, 71M
R. Vern Buchanan, R-FL, 50M
S. Frank Lautenberg, D-NJ, 48M
S. Dianne Feinstein, D-CA, 43M
R. Harry Teague, D-NM, 40M

Richest Politician Skirted Taxes

It only took two days of bad press to get the Democrataic Senate hypocrite John Kerry to cave in and pay his tax bill, as the AP reported.

Kerry is a free spender of tax dollars, but when it comes to his own money, he's obviously a bit tighter. Of course, all of that money really isn't Kerry's, a good bit of it comes from his wife who inherited the Heinz ketchup fortune from her late husband, also a politician.

Kerry recently commission the 76-foot yacht, christened Isabel, at a boatyard in Rhode Island. Therefore, it was naturally convenient for Kerry to have the boat legally moored in Rhode Island. The location also allows Kerry to avoid paying the sales tax plus annual excise tax, which total about $70,000 in Massachusetts.

If Kerry were only as stingy with tax dollars that would be nice.

We might note, too, that the Isabel is said to spend a good bit of her summer moored off of Nantucket Island, the millionaires island, where the Kerry family has a summer home.

A couple of broadcast reports the Kerry Yacht Fiasco and interesting. One is WBZ-TV, Boston, and the other isFox News'

Obama’s disaster: Unemployment

Gallup Daily tracking finds that 20.3% of the U.S. workforce was underemployed in March — a slight uptick from the relatively flat January and February numbers.

A rise in the percentage of part-timers wanting to work full time (from 9.2% to 9.9%) is responsible for the March increase in underemployment.

Unemployment saw a slight, but insignificant, decline in March.

Six in 10 underemployed Americans are not hopeful they will find work or move from part-time to full-time work in the next four weeks. That translates to 12% of the workforce that is both underemployed and not hopeful they will find their desired amount of work.

The lack of change suggests that underemployed Americans anticipated long-term difficulties in finding work well before the administration's formal announcement was made.

The Gallup report was released April 1, 2010.

Barack’s 10 Broken ObamaCare Promises

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Alyene Senger, a Research Associate in the Center for Health Policy Studies at The Heritage Foundation, compiled this list, for which we most appreciative because, if you listen to Obama, just about everything is just dandy. That, of course, it is not the situation.

The 10 Top Broken Healthcare Promises follow.

#1: “If you like your health care plan, you’ll be able to keep your health care plan, period.”

Reality: Millions of Americans have lost and will lose their coverage due to Obamacare.

#2: “[T]hat means that no matter how we reform health care, we will keep this promise to the American people: If you like your doctor, you will be able to keep your doctor, period.”

Reality: Many Americans might not be able to keep their current doctor without paying extra.

#3: “In an Obama administration, we’ll lower premiums by up to $2,500 for a typical family per year.”

Reality: Premiums for people purchasing coverage in the individual market have significantly increased in a majority of states.

#4: “[F]or the 85 and 90 percent of Americans who already have health insurance, this thing’s already happened. And their only impact is that their insurance is stronger, better and more secure than it was before. Full stop. That’s it. They don’t have to worry about anything else.”

Reality: Obamacare imposes certain new benefit mandates on those with employer-sponsored coverage—a majority of Americans.

Promise #5: “Under my plan, no family making less than $250,000 a year will see any form of tax increase.”

Reality: Obamacare contains 18 separate tax hikes, fees, and penalties, many of which heavily impact the middle class.

#6: “I will not sign a plan that adds one dime to our deficits—either now or in the future.”

Reality: Obamacare’s new spending is unsustainable.

#7: “[W]hatever ideas exist in terms of bending the cost curve and starting to reduce costs for families, businesses, and government, those elements are in this bill.”

Reality: Health spending is still rising and is projected to grow at an average rate of 5.8 percent from 2012 to 2022.

#8: “I will protect Medicare.”

Reality: Obamacare cuts Medicare spending.

Promise #9: “I will sign a universal health care bill into law by the end of my first term as president that will cover every American.”

Reality: Millions of Americans will remain uninsured.

#10: “So this law means more choice, more competition, lower costs for millions of Americans.”

Reality: Obamacare has not increased insurer competition or consumer choice.

ObamaCare’s ‘Dirty Dozen’ Failures

Obama and his cabal of Euro-socialists last week announces a one-year delay of the “employer mandate” that is essential to ObamaCare implement. This is the latest evidence that — even as Democrats admit – implementation is turning into a massive “train wreck.”

The Heritage Foundation and The Hill have summarized missteps and failures in implementation of the legislation that generated Rep. Nancy Pelosi’s infamous comment: “We have to pass the [healthcare] bill so that you can find out what’s in it.”

1. The CLASS Act is abandoned then repealed. The CLASS Act was a long-term care insurance program. However, in 2011 HHS Secretary Kathleen Sebelius suspend work on the program, stating it was not be financially viable, according to The Hill. A Congressional Democrat called it “a Ponzi scheme of the first order, the kind of thing that Bernie Madoff would have been proud of….” Then Congress repealed it.

2. Exchanges miss deadlines. ObamaCare provides an unlimited budget to help states set up their own insurance exchanges — and no budget for the federally run backup. So HHS has shelled out billions of dollars to help 17 states build their exchanges, and has had to cobble together funds for the remaining 33 marketplaces. Still it needs another $1.5 billion more — money Congress is highly unlikely to provide.

3. The employer mandate delayed at least a year. The White House announced last week that it would delay enforcement of ObamaCare’s employer mandate for at least a year, which fueled questions about whether ObamaCare overall is on track.

4. The small-business exchanges delayed. Even before delaying the employer mandate, the Administration in April said that workers will not be able to choose plans from different health insurers in the small business exchanges next year. HHS delayed by one this part of the new insurance exchanges for small business. Even liberal blogger Joe Klein called the delay “a really bad sign” that indicated “ObamaCare incompetence.”

5. Child-only plans actually cut coverage. An ObamaCare drafting glitch has led to less access to care for children with pre-existing conditions. That’s because insurers in 17 states were no longer selling child-only health insurance plans because they fear that families would apply only for coverage when a child had been diagnosed with a costly illness.

6. The Basic Health Plan delayed. HHS has delayed a Basic Health program that would let states bargain directly with insurance companies to create scaled-down plans for people who aren’t eligible for Medicaid.

7. High-risk pools are under-performing, underfunded, scaled back. This program for people with pre-existing conditions faced higher costs and lower enrollment than expected. Projected to cover 700,000 people, only 110,000 enrolled. While operating at less than 20% of its anticipated capacity, the Administration has halted new enrollment “and other radical measures” to prevent the $5 billion program from running out of money.

8. Early retiree reinsurance is broke. The $5 billion program was intended to last until 2014, but ran out of money in 2011, two years ahead of schedule.

9. Waivers given to Obama’s special interests. HHS discovered that some of the ObamaCare mandates raise costs so much that employers would drop coverage rather than face skyrocketing premiums. So, HHS approved more than 1,200 waivers from a provision that gradually eliminated annual caps on benefits. More than half of the waivers went to union insurance plans. The scandalous waivers turned into messaging nightmares for Democrats, so Obama simply stopped issuing monthly waiver reports. No full disclosure; problem solved.

10. Co-ops defunded. Congress blocked additional funding to this ObamaCare program in January after a new health insurance co-op was called “fatally flawed” by the Vermont’s Insurance Commissioner… and Vermont is an extremely liberal state.

11. “Employee free choice” repealed. This provision would have allowed certain workers to use employer contributions to buy exchange health plans, but it was repealed in April, 2011, because businesses considered it too complex to manage and unworkable.

12. 1099 filing requirement repealed. The widely criticized “1099” reporting requirement was the first ObamaCare provision to be repealed. It required businesses to report expenses over $600 to the IRS. Characterized as needless red tape, Congress worked for eight months to repeal it, then Obama signed it.

Obama: Politics v Paternity

When he was campaigning in Chicago during the summer of 2008, Barack Obama shocked liberals and conservatives alike with his bold (and true) declaration that, “We need fathers to realize that responsibility does not end at conception.”

That Fathers Day audience was made of up his own people: South Side Chicago blacks sitting in the pews of the Apostolic Church of God. What audacity for this man, this candidate to address, as The New York Times called it, “one of the most sensitive topics in the African-American community: whether absent fathers bore responsibility for some of the intractable problems afflicting black Americans.”

Basically, without much equivocation, Obama said, “Yes, they do.”

“Too many fathers are MIA, too many fathers are AWOL, missing from too many lives and too many homes…. They have abandoned their responsibilities, acting like boys instead of men. And the foundations of our families are weaker because of it.”

Bad Getting Worse

The magnitude of the problem is in the numbers, and its rate of growth continues to be discouraging.

In 1965, the percent of unmarried births among blacks was 24%, a USA Today editorial recalled this week. It noted that Daniel Patrick Moynihan, then a Johnson administration official and later a U.S. senator, decried this alarming level of unwed births, and that his comments created “a furor among liberals and civil rights leaders, who accused him of blaming the victim.”

Despite the outcries, the problem contuse to grow in magnitude and by 2008 Obama labeled it a “national epidemic of absentee fathers.”

Since the Moynihan comment, the level of unmarried births has increased to:

  • 73% for blacks,
  • 53% for Hispanics, and
  • 29% for whites.

Today, this discussion is more relevant than earlier because of legislative and social debate over the value of and federal funding for the nation’s Head Start program for pre-school children. (And sadly the discussion of fathers’ responsibilities has faded into near silence.)

To What Advantage?

“In the eyes of many parents and most educators, starting a child’s schooling before kindergarten is an indisputable virtue,” USA Today reported.

However, “the evidence says universal preschool alone won’t get the job done.” And, indeed, the benefits of Head Start “wear off by third grade.”

The probable reason for this erosion of benefit is not hard to deduce: ”Children are most likely to succeed in school when pushed by parents who provide stability, help with schooling, and instill an education and work ethic. But for decades now, the American family has been breaking down” as indicated by the unmarried births rates.

An expert on children and families at the Brookings Institution calls single parenthood a “little motor pushing up the poverty rate.” As evidence, Brookings noted that in 2011 the poverty rate for children of single mothers was more than 400% greater than the poverty rate for children of married couples.

Negative Impact

Researchers at Princeton and Columbia, who followed 5,000 children born to married and unmarried parents, “found that the effects of single parenthood seep into every aspect of kids’ lives.

  • Single mothers read less to their children,
  • Are more likely to use harsh discipline and
  • Are less likely to maintain stable routines, such as a regular bedtime.”

All these behaviors are important predictors of a child’s health and development.

Early childhood education is important. But more important than Head Start are responsible fathers, who live up their duties as parents.

Unfortunately, Obama has abandoned his previous perspective on black male responsibilities and now points his finger at society as a whole with Head Start as a substitute for the parental role. That’s a sad political statement, and shows a genuine shallowness in Obama’s character.

As a result both the children and society will suffer.

Obama’s pants on fire

Tonight Obama will give his fifth State of the Union address. It surely will be a fine speech because Obama is a fine speechmaker. However, he is a congenital liar and an adroit politician, who is keen on making promises yet devoid of any ability (or even desire) to deliver on them.

Evidence of this comes from our friends at the Heritage Foundation, which today pointed to a few of Obama’s whoppers from his first (2009) State of the Union speech. Here’s the full Heritage column link.

Obama: “I pledged to cut the deficit in half by the end of my first term in office.”

“During his first State of the Union…, Obama vowed to cut the deficit in half by the end of his first term. Instead, Obama has averaged deficits nearly three times that of his predecessor.”

Obama: “Over the next two years, this [stimulus] plan will save or create 3.5 million jobs.”

“He may have promised 3.5 million new jobs, but he’s 7.7 million jobs in the hole instead.”

Obama: “…we must have quality, affordable health care for every American. It’s a commitment that’s paid for in part by efficiencies in our system that are long overdue.”

“Obama’s promise that Obamacare would provide health insurance for every American has been proven false. According to the Congressional Budget Office, 30 million Americans are projected to remain uninsured even after Obamacare is fully implemented.

“The idea that Obamacare would improve the ‘efficiencies’ of the health care system is laughable. Obama’s plan for ‘efficiencies’ in the system was just slashing Medicare provider reimbursement rates to the tune of $716 billion to help pay for Obamacare. The mammoth law is going to take 127 million hours of paperwork per year for Americans to comply with it. And Members of Congress are already walking back their support for the law—they are grumbling about several parts of it and even repealed one part in the fiscal cliff deal.

Obama: “We will invest $15 billion a year to develop technologies like wind power and solar power; advanced biofuels, clean coal, and more fuel-efficient cars and trucks built right here in America.”

“The now-infamous (and bankrupt) energy company Solyndra is the most popular example of (Obama’s) ‘investing’ in energy companies gone wrong. The government subsidies to the green energy company lost the American taxpayers $627 million. (And there are another) 19 taxpayer-funded failures in the Green Graveyard series… (and) the government ‘invested’ $2.6 billion in companies that then went bankrupt.”

American Freedoms Decline

The U.S. is now ranked 10th in the world in terms of “Economic Freedom,” as defined by The Heritage Foundation.

“Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state” the foundation states.

Here’s the sad state of affairs, the top 10 “most free” nations in terms of individual economics:

  1. Hong Kong
  2. Singapore
  3. Australia
  4. New Zealand
  5. Switzerland
  6. Canada
  7. Chile
  8. Mauritius
  9. Denmark
  10. United States

One reason for America’s lack of economic freedom is the fact that “over 100 new major federal regulations have been imposed on business operations since early 2009 with annual costs of more than $46 billion,” according to the editors of the Index of Economic Freedom, who are:

  •  Ambassador Terry Miller, director of Heritage’s Center for International Trade and Economics;
  • Kim Holmes, Ph.D., Heritage’s Distinguished Fellow; and
  • Edwin J. Feulner, Ph.D., Heritage’s president.

Ambassador Miller wrote in The Wall Street Journal that a “particularly concerning” development is “the rise of populist ‘democratic’ movements that use the coercive power of government to redistribute income and control economic activity,” which we believe sounds like the Obama administration.

While “corrupt political and legal environments cause underdevelopment in poorer countries,” Miller wrote, “unfortunately, economic favoritism and cronyism exist in advanced democracies, too.”

Specific global problems resulting from a lack of U.S. leadership include the following, as noted by The Heritage Foundation:

  • Slowdown in economic liberalization around the world;
  • The stagnating American economy has resulted in declining global trade flows;
  • Protectionism threatens consumers and businesses with higher costs and greater restrictions;
  • Ill-conceived banking regulations [Dodd-Frank] generate uncertainty and anxiety; and
  • Investment reduced due to higher costs and new legal and tax liabilities [such as ObamaCare].

While the U.S. come in at 10th, North America continues to be the world’s freest region (though Mexico was the only economy that improved its Index score over the last year).

With Canada and the U.S., the region boasts two “mostly free” economies and one “moderately free” economy in Mexico.

The region also leads the world in terms of rule of law, regulatory efficiency, and open markets, “but is getting worse where government spending is concerned,” the Foundation reported.

Obama, Walmart & Gun Control

Congress has been totally ineffectual in controlling past spending — much less controlling future federal budgets — because they have no courage and no conviction. Yet, when it comes to the sensational headline-grabbing issue of gun control they can’t write or co-sponsor enough limiting legislation.

Now, The Hill reports that, “Measures [are] under consideration by a working group led by Vice President Joe Biden [that] include universal background checks for buyers, strengthened mental health examinations and stiffened penalties for carrying guns near schools or giving them to minors.”

The development, implementation, administration and management/regulation of such proposals will create a new federal bureaucracy and another cost — or economic barrier — to the legal acquisition and use of guns. That’s a limiting aspect we believe many have not thought of and it deserves serious consideration.

The Second Amendment to the U.S. Constitution states: “A well regulated Militia being necessary to the security of a free State, the right of the people to keep and bear Arms shall not be infringed.”

Nonetheless, the Cornell University Legal Information Institute reports that, “Congress has placed greater limitations on the receipt, possession, and transportation of firearms, and proposals for national registration or prohibition of firearms altogether have been made. At what point regulation or prohibition of what classes of firearms would conflict with the [Second] Amendment, if at all, the [Supreme Court decision in the] Miller case does little more than cast a faint degree of illumination toward an answer.”

(United States v. Miller is the only case heard by the Court regarding Congressional efforts to limit firearms.)

Therefore, we believe that the path for aggressive action by the sitting socialist, strong-government President Obama is open and must be resisted on all fronts. At the same time, we believe that reasonable efforts should be taken to limited access to lethal weapons by criminals. However, we continue to believe the cliche: “When guns are outlawed, only the outlaws will have guns.”

In this and earlier populist fights, Obama as the grown-up version of the social-equality community organizer is not above using fire to fight fire. Thus he appears to be ready to enlist Walmart, a big gun seller, in an effort to offset the impact of gun-freedom actions led by the National Rifle Association.

Such an alliance — Obama and Walmart — could be a genius self-dealing move for the enormous [and we like and respect them] retailer. Walmart could leverage its deep marketing and lobbying budgets to restrict neighborhood sales by less well-financed businesses to drive customers into its 3,982 U.S. stores.

Not stupid, Walmart was a significant contributor to Obama’s reelection campaign and his inauguration fund.


Obama’s road to fiscal perdition

Fifteen months ago, on July 28, 2011, The Wall Street Journal wrote that “it looks incresingly possible that the world’s credit rating agencies will soon downgrade U.S. debt from the AAA standing it has enjoyed for decades.” They were right, and the nation is heading in that direction again, for yet another downgrade.

With the juvenile behavior of everyone in Washington, DC, on display for the world to view and mock, we believe it is worth revisiting some of the Journal’s comments of last year — which are equally valid (unfortunately) today — and their chronicle of how we got to this fiscal disaster.

While Obama is to blame for the record debt, he did not begin the downhill slide.

  • Franklin Delano Roosevelt (Democrat) began the entitlement era with the New Deal and Social Security, “but for decades it remained relatively limited,” the Journal notes.
  • Lyndon Baines Johnson (Democrat) launched Medicare and Medicaid in 1965 “with fairy tale estimates of future costs…. Medicare was supposed to cost $12 billion in 1990 but instead [it cost] $110 billion” and $243 billion in 2010.
  • LBJ also launched other welfare programs including public housing and food stamps; the cost to the federal government of this panoply of support is “about $20,000 for every man, woman and child in poverty,” according to the Heritage Foundation.

All of which provides the foundation for today’s astonishingly vast American welfare society where…

  • 52 million received Social Security checks (which, of course, they paid for);
  • 50.5 million American are receiving Medicaid assistance;
  • 46.5 million receive Medicare;
  • 44.6 million receive food stamps;
  • 24 million get earned-income tax credit, a cash income supplement;
  • 7.5 million receive unemployment insurance; and
  • 5 million receive Supplemental Security Income, SSI.

The Journal notes that after 9/11 Bush and other Republicans proved that the “urge to spend and borrow is bipartisan…. The GOP’s blunder was refusing to cut domestic spending to finance the war on terrorism.” That mentality harkens back to LBJ, who thought he could have guns and butter simultaneously: fight the VietNam War and expand social welfare programs. Doesn’t work.

“Then came Mr. Obama, arguably the most spendthrift president in history. He inherited a recession and responded by blowing up the U.S. blanace sheet.

“Spending as a share of GDP in [Obama's first] three years is higher than at any time since 1946,” the end of World War II.

“In [Obama's] three years the debt has increased by more  than $4 trillion thanks to the stimulus, cash for clunkers, mortgage modifications programs, 99 weeks of jobless benefits, record expansion in Medicaid, and more.”

“This,” the Journal concludes, “is the road to fiscal perdition.”

We couldn’t agree more; and it is worse today than it was when the Journal wrote the commentary.


American social fabric shredded by Obama

Obama set out to identify and win specific segments of the American population as his strategy to win the 2012 presidential election. His strategy worked. And in achieving his goal, he divided the country — pitting segment against segment — unlike any other time in our history.

Obama has created not just a “house divided,” but he has actually splintered the nation, dividing it along class, cultural and social lines like never before.

Whether the damage he has done can be corrected — the nation reunified — is yet to be seen.

The map and “Voter Demographics” chart (below) tell the whole story. A simple reading explains what has happened, and the very sad situation we are in. Obama has replaced traditional wage-earners as key-influencers of national policy — and those most able to pay the nation’s bills — with fellow travelers, who expect more but are less able to “pay the freight.”

(In looking at voter maps, it is delusional to look at full state maps because isolated dense populations centers tend to tint the appearance of a state. County-by-county maps, such as the one used here, are far more representative of actual American preferences when examined by geography.)

A few famous and profound thoughts on government:

  • “Every kingdom divided against itself will be ruined, and every city or household divided against itself will not stand,” Matthew 12:25 the Christian Bible.
  • “A house divided against itself cannot stand.” Abraham Lincoln, Senate campaign speech, June 16, 1858, Illinois Republican convention, Springfield, IL
  • “…That government of the people, by the people, for the people, shall not perish from the earth,” Abraham Lincoln, November 19, 1863, Gettysburg, PA.
  • “The less government we have the better–the fewer laws and the less confided power. The antidote to this abuse of formal government is the influence of private character, the growth of the individual,” Ralph Waldo Emerson.

Click on the map image below to bring it up in a readable size.


What went right on Election Day…

You got to give syndicated columnist and author Michelle Malkin credit for her lemonade recipe; she really knows how to scrounge around and find the good amid the wreckage. Thus, her list of 20 things that went right on this week’s disastrous election day; and here they are:

  1. Republicans retained control of the U.S. House of Representatives.
  2. Voters in Alabama, Montana, and Wyoming all passed measures limiting Obamacare.
  3. Tea Party candidate Ted Cruz, one of the conservative movement’s brightest rising stars, overcame establishment GOP opposition to clinch a U.S. Senate victory in Texas.
  4. Corruptocrat Beltway barnacle Rep. Pete Stark was finally kicked out of office in California.
  5. Despite entrenched teachers’ union opposition, a charter school initiative in Washington state triumphed.
  6. Despite entrenched Big Labor support, a radical collective bargaining power grab in Michigan failed.
  7. Oklahoma voters said no to government race-based preferences in college admissions, public contracting, and government hiring.
  8. Montana voters said no to boundless benefits for illegal aliens.
  9. Washington state approved taxpayer-empowering limitations on its state legislature’s ability to raise taxes.
  10. For the first time since Reconstruction, the GOP won control of the Arkansas state house.
  11. Voters rejected tax hike ballot measures in Arizona, South Dakota, and Missouri.
  12. Louisiana voted to protect gun rights.
  13. Kentucky voted to protect hunting and fishing rights.
  14. Parental notification for minors’ abortion prevailed in Montana.
  15. North Carolina Republicans claimed the governor’s office, congressional gains, and control of the state’s general assembly.
  16. Paul Ryan will return to Congress after winning re-election and continue to carry the torch for entitlement reform and budget discipline.
  17. Conservatives won big victories in the Kansas state legislature.
  18. Republicans won historic supermajorities in Tennessee.
  19. Across the country, Republicans reached a post-2000 record number of gubernatorial victories.
  20. Conservatives who were devastated by the national election results demonstrated how to lose with dignity and grace. There will be finger-pointing and recriminations and soul-searching, but committed activists can’t and won’t lose heart. We’ll regroup, recover, and keep fighting for our country.

And if you’d like to read more of Michelle’s conservative political insights, just check out here Website.

“Market going down” Thanks, Barrack!

CNBC News reports, “Fears that President Barack Obama’s re-election could send the U.S. economy and country over the “fiscal cliff” helped trigger a major stock market sell-off….

Also reacting to the misbehavior by Obama and the Congress, the  credit ratings agencies Fitch and Moody’s say they “stand ready to cut the U.S. triple A credit rating if responsible fiscal actions are not taken.” This means a recalcitrant Obama needs to provide the leadership that was not evident in his first three and a half years. Because of the declining fiscal viability of the US, Standard and Poor’s cut the nation’s credit rating in 2011; Fitch and Moody’s would be following suit.

“The market is going down,”  Miller Tabak’s Peter Boockvar told CNBC this morning. “The market does not want another four years of Obama. It does not want these tax hikes on a fragile economy…. We have an economy that’s barely staying above recession. Europe’s problems are deepening. Now we have the prospect of higher taxes.”

Areas hit hard today directly related to Obama’s agenda are: coal, financials, defense and dividend-payers.

Also influencing the market in roughly equal parts, observers say, are declining prospects for the a strong German economy — joining the already poorly-performaning European economies — and shares of Apple, AAPL, falling by more than 20% off their highs, which officially puts them in “correction” territory.