Tonight's Crazy Story:
Illinois Woman Accused of Bringing 5-Year-Old Son to Bank Heist
The title says it all...
Topic One: The Tea Party's Relevance
Is the tea party movement still relevant in this year's election? I would contend that the tea party's influence is not nearly as strong as it was in 2010. One possible reason is because the grassroots nature of the tea party does not lend itself to a national presidential campaign. However, an American Thinker article by Peter Heck contends otherwise. Heck does make two excellent points. First, the tea party was not about regaining a Republican majority or winning the presidency; it was about fighting for smaller government. Second, Mitt Romney was the "conservative" choice in 2008, but he is now considered the moderate candidate. An argument could be made that this is due to his healthcare law (which was not an issue in 2008), but the influx of conservatism in Washington could also play a role. Using these standards, the tea party is doing well. Almost all of the candidates in the election have shifted to the right in order to appeal to the Republicans. It is true that this is a general trend (campaign to the right in the primary; campaign from the center in the general election), but the move to the right has been much greater this year. Also, the tea party has done an excellent job opposing big government and fighting for change in Washington. However, it is also true that the candidate with ideals closest to that of the tea party was also the first to drop out after the election started. Without a tea party candidate in the race, it remains to be seen whether Republicans will come to the polls like they did two years ago.
There's Always Time for a Laugh:
"A hiker who was lost in a blizzard said he stayed alive by digging a snow tunnel and burning dollar bills for warmth. Today he was offered a job as President Obama's economic adviser."
Topic Two: SOPA/PIPA
A victory for freedom today as Scary Harry announced that a vote on PIPA will be postponed. Peter Scheer writes that Corporations need the protection of the first amendment, so that they can protest without fear of government reprisal. "Their good intentions notwithstanding, those who believe corporations have no free speech rights (or that they should have, at most, a second-rate version of the free speech protections for individuals), should realize that only the First Amendment stands in the way of governmental punishment-legislative, regulatory or otherwise-against Google and other Fifth Estate corporations for their inciting of public opinion against SOPA-style legislation."
Meanwhile, former Senator and Hollywood lobbyist Chris Dodd said that piracy will decimate the entertainment industry. However, the tech industry currently has the upper hand in this debate, and given the recent loss of support for these bills in Congress, it appears that the bills could be headed for failure.
On Thursday, the government spent a mere $1,513,829.40 over its revenues, bringing the national debt to:
Topic Three: Iran
Rick Richman has an article discussing Obama's failures on Iran. "...the administration will not commit to “any particular action beyond ratcheting up rhetorical pressures and economic sanctions” and will try only to “say enough to keep Israel from pulling its own unilateral trigger.” If Carney’s remarks are any indication, Obama plans to congratulate himself on Tuesday for a consensus that pre-dated him, avoid any commitment beyond what has repeatedly failed in Cuba, Iraq, and North Korea, and hope this will take him beyond November." As I have mentioned here before, Iran will only talk when it allows them to delay other actions and still pursue their weapons.
Alan Elsner writes that the US has been unclear in analyzing the Iran situation. "The ongoing campaign of sabotage and targeted killing is clearly having a powerful psychological effect and has slowed the Iranian program. But the question remains whether these tactics, even in combination with the tough sanctions scheduled to take effect in coming weeks, can actually stop it."
Tweets of the Day:
Ken Gardner (@kesgardner): Obama claims 60 days wasn't long enough to decide on the pipeline. But you know what took less than 60 days to approve? Solyndra. #tcot
Topic Four: Home Ownership
Dan Caplinger has an good article contending that the falling rate of home ownership is good. I agree with his argument: there are people who received mortgages who never should have been granted the loans. However, I would take it one step farther and also contend that this is necessary for the economy to recover. Any time we have a "bubble," we will have to bring the level back to normal before recovery can occur.
CNN analyzes the failure of Obama's housing policy. I agree with the contention that Obama just kicked the can down the road with his housing policy. Mortgage modifications might help a few families, but most of the families that could not afford their original mortgage would not be helped by a modified mortgage. However, even more important, Obama has not solved the unemployment problem, which greatly affects the housing problem.
Food for Thought - A Quote from our Founders
"No country upon earth ever had it more in its power to attain these blessings than United America. Wondrously strange, then, and much to be regretted indeed would it be, were we to neglect the means and to depart from the road which Providence has pointed us to so plainly; I cannot believe it will ever come to pass."
Topic Five: The Keystone Pipeline
The Weekly Standard editor Fred Barnes writes twelve things we can learn about Obama because of the Keystone Pipeline decision. He shows how the pipeline decision shows that Obama is going to run from the left. I would contend that it also shows that Obama will only concern himself with pandering to his constituencies while ignoring the real problems America faces.
Tomorrow in History
January 21, 1789 - The first American novel, The Power of Sympathy or the Triumph of Nature Founded in Truth, is published in Boston, Massachusetts.
Grab Bag - Interesting Stories to Conclude Your Evening
If Chicago has such great gun control, why is this news?
Obama says we can't wait, but then waits on Keystone jobs
Democrats want "Reasonable Profits Board" to control corporate profits
Chivalry died in the gender equality movement
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