Friday, October 21, 2011
To: Friends & Supporters
From: Gary L. Bauer
Senate Again Rejects Obama's "Jobs" Bill
For the second time, the Democrat-controlled Senate has rejected Obama's so-called "jobs" bill. Last week the Senate shot down Obama's massive $450 billion stimulus bill. Undaunted, Obama and Reid vowed to break the bill up and pass it in pieces.
First up was a $35 billion bailout of state and local government workers. Why did that small sliver of the bill take precedence over the other 92% of it? Well, according to Harry Reid, "It's very clear that private-sector jobs have been doing just fine; it's the public-sector jobs where we've lost huge numbers, and that's what this legislation is all about."
Unfortunately for Harry, his public employee union bailout failed on a 50-to-50 vote with three Democrats joining all Senate Republicans in opposition.
There is an important point to keep in mind here. Obama and his Democrat allies are quick to suggest that Republicans are voting against teachers and first responders. That is false. What Republicans object to is yet another bailout/takeover by Big Government.
Teachers, firefighters and cops are obligations of local and state governments, not the federal government. If local governments can't meet their budgets they should cut back or raise taxes. Washington is spending record sums of money and incurring record deficits. Clearly we cannot afford the government we have now.
A lot of money for state and local workers was included in Obama's $800 billion stimulus bill in 2009. It was supposed be temporary. Now Joe Biden is raising the specter of rape and murder if we don't keep funding this "temporary" program. As Ronald Reagan was fond of saying, "The closest thing to immortality on earth is a government program."
About That "Jobs" Bill
President Obama has the audacity to claim that his latest stimulus bill would create 2 million jobs. That came from an analysis by Mark Zandi of Moody's. But when pressed for details, Zandi admitted, "I didn't know when I did that simulation how the president proposed to pay for it."
Moreover it was only a one year projection for 2012. Zandi added, "Beginning in 2013, and certainly into 2014, the plan is a drag on the economy because the stimulus starts fading away," while Obama's tax increases remain in effect. Nevertheless, Obama continued to repeat his "2 million jobs" claim during his campaign bus tour through the swing states of North Carolina and Virginia.
As a result, the folks at FactCheck.org decided to take a look at Obama's jobs spin. Here is their conclusion: "President Obama exaggerates when he claims 'independent economists' say his jobs bill 'would create nearly 2 million jobs.' The median estimate in a survey of 34 economists showed 288,000 jobs could be saved or created over two years under the president's plan."
More Green Jobs/Stimulus Waste
Here's another reason to resist the siren song of Big Government stimulus spending. In 2009, Fisker Automotive received a $529 million loan from the federal government in exchange for the promise of creating so-called "green jobs" by producing electric cars at a shuttered GM plant in Delaware.
Two years ago, in announcing the half billion dollar loan at the Delaware plant, Vice President Joe Biden said, "Folks, we're making a bet. We're making a bet on the future, we're making a bet on the American people, we're making a bet on the market, we're making a bet on innovation." As it turns out, by trying to manipulate the market, Biden made a bad bet against the American taxpayer.
ABC News reports that Fisker has just announced it will manufacture its cars in Finland, not Delaware. And just like Solyndra, there are allegations of crony capitalism and political paybacks involving Al Gore and major Democrat donors.
That's bad enough. But it's far from certain that the taxpayers will even get their money back. What kind of market exists for Fisker's $97,000 electric car? So far "Government Motors" has only managed to sell 4,000 of the $41,000 taxpayer-subsidized Chevy Volt.
This is what happens when Big Government makes bets with your money. Taxpayers almost always end up as the biggest losers.
Reporters Scrutinizing Rubio
The left-wing media's double standard is on full display today. The front page of the Washington Post features a 1,600-word investigative report on Marco Rubio's family history. The Post is accusing Rubio of "embellishing" the facts about his family's decision to leave Castro's Cuba. The depth of research is fascinating. The Post's reporters even went so far as to examine the Social Security numbers of Rubio's family members!
Of course, the Post is only interested in the junior senator from Florida because many see him as a rising star in the conservative movement -- even a leading contender for the GOP vice presidential nomination in 2012. So the liberal media are eager to start tearing him down.
But where was this kind of media scrutiny when Barack Obama first appeared on the national scene? Having gone to such great lengths to unearth naturalization papers, passports and Social Security numbers for the Rubio family, perhaps the Post's crack investigative team will now devote their full energies to revealing Obama's college transcripts, law review articles, etc.
Exposing OWS Radicalism
The unfortunate Manhattan residents who live near Zuccotti Park are fed up with the Occupy Wall Street protestors. Hundreds showed up at a community board meeting last night to vent their frustrations. One resident said, "They're defecating on our doorsteps." Another complained, "The protesters taunt people who are on their way to work." And this is the movement Barack Obama, Nancy Pelosi and other leading Democrats were so quick to embrace.
Yesterday I was on the Fox Business Network exposing the growing anti-Semitism on display in the Occupy Wall Street movement. To watch the interview, click here.
My friends, I would not have had this opportunity to speak up without your help. It is your support that makes our work possible. Thank you!