Wednesday, June 30, 2010
Tuesday, June 29, 2010
Well, one courageous rich person has come forth recently to defend his ilk. He is Ziad K. Abdelnour, President and CEO of Blackhawk Partners, Inc., a high flying and very successful Wall Street investment firm.
You can read his eloquent and excellent blog at (http://blackhawkpartners.com/Blog.aspx?id=42), but the essence of his piece is that rich people are vital to the success of a society and that a society should be judged as much by how it treats its rich as how it treats its poor. The society that harms the rich kills the poor.
In one particularly beautifully phrased section, he eloquently summarizes the problem with our current situation:
"The wealth of America isn't an inventory of goods; it's an organic, living entity, a fragile, pulsing fabric of ideas, expectations, loyalties, moral commitments, visions and people. To vivisect it for redistribution would eventually kill it. As Mitterrand's French technocrats found in the early 1980s, the proud new socialist owners of complex systems of wealth soon learn that they are administering an industrial corpse rather than a growing corporation."
We currently have an administration that obviously has not learned the lesson taught by France's experience. We have a President, and a host of his allies, that seem hellbent on killing the proverbial golden goose. They have a vision for a society where everyone is poor, or nearly so, rather than one that seeks to make everyone wealthy. In a twist on LBJs "War on Poverty", one commentator labeled Obama's initiative as a "War on Prosperity". That is a fairly accurate moniker.
The golden goose is not quite on the chopping block, but he has quite a few hungry, ax wielding bureaucrats giving him the chase of his life.
Monday, June 28, 2010
Government is not very good at creating jobs. President Obama's stimulus package cost $413,000 per job created and those jobs largely went to political cronies.
The out of control tax and spend policies of the radical left in Washington MUST be stopped.
As Republican leader, I'm doing my best to lead the charge against these frightening proposals. And it seems like it's one thing after the other - Government run health care, trillion dollar deficits, tax hikes, and massive "stimulus" bills that do little more than plunge us further into debt.
We're doing our best to stop some of the worst of it in the U.S. Senate.
But I'm going to need a lot more help to really take the fight to the opposition, and stop their out of control spending and power grabs.
That's why I'm writing you this note today about a candidate I urge you to support.
I know I can count on Rand to do something very important -- stand up for conservative values in Washington. Rand Paul has built his exciting campaign on the goals of limiting the size and power of government, and standing up against those who would promote out of control tax and spending.
I can't think of a better advocate for those principles.
Unfortunately as so often happens, his success frightens those who think a Big Government Agenda is a good idea. You have probably noticed that Rand now finds himself as one of the left's biggest targets. Big Labor, Trial Lawyers and wealthy special interests from across the country are pouring money into efforts to stop him from getting to Washington.
I urge you to help Rand Paul fight back, and have the resources necessary to get the job done.
Rand's grassroots supporters are having a moneyblast, TODAY -- Monday, June 28. Please consider supporting that one-day fundraising event with your most generous contribution.
I'm supporting Rand Paul, and I hope you will too. The stakes are so high this year, and Rand Paul can help get America back on track.
Thursday, June 24, 2010
Wednesday, June 23, 2010
WASHINGTON D.C.—Senate Republican Leader Mitch McConnell made the following statement Wednesday regarding Afghanistan and the decision by President Obama who, as Commander in Chief, has accepted the resignation of General Stanley McChrystal as commander of the International Security Assistance Force in Afghanistan and announced his intention to nominate General David Petraeus to replace him:
Tuesday, June 22, 2010
Monday, June 21, 2010
Saturday, June 19, 2010
"This crisis has been a case study in failure to lead, failure to act, and using a crisis to advance your own agenda rather than solve the problem.
"Make no mistake, this is an environmental disaster of epic proportions, and should be treated as such. BP should be held responsible for whatever their negligence was. Congress and the Administration should examine how this happened, and what we can do to prevent this in the future. But it should be noted that offshore drilling of this kind has been in place for 40 years with few problems. It’s wrong for the Administration to use this crisis as a platform not for cleaning up the mess; but rather as one to threaten, bluster and seek to advance parts of their agenda.
"If the Administration were serious, they’d be leading, much like Governor Bobby Jindal of Louisiana. Governor Jindal has had to wait weeks for federal waivers, assistance and supplies. He finally decided he’d had enough and is proceeding, in some cases without assistance or permission. He’s protecting his state while President Obama does photo ops.
"That’s why for the people closest to the disaster, over 65% of his constituents approve of Governor Jindal’s handling of the spill, while only 30% approve of President Obama’s inaction.
"But this isn’t the whole story. Part of their inaction has also been because of their special interest friends. You see, the Obama Administration could have waived something called the Jones Act, which is a party of a 1920 law that prohibits foreign ships from assisting in this type of crisis. The fact is many foreign countries have technology to clean up oil spills that exceed our own. We should be taking advantage of their offers to help. Now why would we not waive this Act, as was done just 3 days after Hurricane Katrina by President Bush? Because the single biggest proponent of the Jones Act is also the single biggest donors to President Obama and Democrats in Congress – Big Labor.
"Then to add insult to injury, the President Obama announced two actions that, instead of helping clean up the mess, will lead to bigger problems.
"First, he declared a moratorium on offshore drilling for wells more than 500 feet deep. According to a Senator from his own party, this could cost as many as 330,000 jobs and will surely cost hundreds of millions of dollars in increased costs to consumers and businesses.
"According to the Minerals Management Service, Offshore drilling on the Outercontinental Shelf accounts for 27% of our domestic oil production. And that has been shut off, with no plan in mind to deal with the job loss and increased costs that will follow.
"And now, he is using the crisis to revive his failed energy Tax/Cap and Trade scheme.
"As the White House Chief of Staff said about another crisis “You never want a serious crisis to go to waste -- and what I mean by that is it's an opportunity to do things that you think you could not do before."
"So what we have here is inaction and failed leadership, coupled with political opportunism and special interest paybacks. That’s not the kind of leadership Americans need or deserve."
In his speech Tuesday night, President Obama made it clear that he intends to exploit this crisis to push his liberal agenda for a cap-and-tax scheme. This is a disservice not only to the victims and their families but also to the millions of Gulf Coast residents who are struggling in the wake of the spill.
Americans increasingly reject the cap-and-tax proposal because it would drive up the cost of energy and force American jobs overseas.
In addition to devastating our economy, this proposal would do nothing to fix the disastrous leak or clean up our beaches, marshes, and waters.
Another idea that takes us in the wrong direction is the Democratic plan to increase oil cleanup fees and raid those funds to pay for unrelated programs. These funds are needed to clean up spills, not to satisfy Senator Reid and Speaker Pelosi’s desire to raise federal spending.
Wednesday, June 16, 2010
Wednesday, June 9, 2010
1. Elena Kagan does not believe that the Constitution is the sole legal authority for the Supreme Court, specifically stating that judges could "mold or steer the law" and that it could be based on "the Constitution or another accepted source of law". She will clearly be an activist judge for her liberal positions and in Dr. Paul's opinion, will legislate from the bench.
2. Elena Kagan argued against a federal partial-birth abortion ban.
3. Elena Kagan has actively worked against the 2nd amendment, and in favor of greater restrictions and licensing for guns.
4. While at Harvard, she banned military recruiting there, showing her disdain for our armed forces.
5. She has written in support of discrimination via racial quotas.
For these reasons, Dr. Paul would vote against the nomination of Elena Kagan, and calls on Jack Conway to state his position and tell Kentucky voters how he would vote on this liberal Obama nominee.
Sunday, June 6, 2010
In keeping with their position as the First Family of Libertarianism, the Pauls of Lake Jackson, Tex., did not have many rules around their home.
“Behave yourself and be polite” is how Representative Ron Paul describes his regulatory philosophy about rearing five children. Mr. Paul, a Republican, and his wife of 53 years, Carol, never believed in assigned chores or mandates.
They did not give out allowances, which they viewed as a parental version of a government handout. They did not believe in strict curfews; Mr. Paul says that unintended consequences — like speeding home to beat the clock — can result from excessive meddling from a central authority.