The Wall Street Journal has an op-ed today [3] pointing out that the military cuts Obama is pushing aren't just some sort of short-term move at cost-savings given our financial pinch, but rather part of his long-term view of what our country's military capabilities (or lackabilities) should be. That vision? Less missile defense (North Korea, Smorth Korea [4]); less next generation ability to control the skies; no increase in the size of our ground forces - despite the obvious need demonstrated in Iraq and afghanistan. I feel safer already.
The Vermont state legislature overrode that state's governor and legalized gay marriage yesterday [5] by one vote. They became the first state to do so by legislative action instead of judicial decree. Of course, any efforts in the legislature to allow the voters to have a say have been voted down. (click here and join the campaign to defend marriage [6])
Ford is actually working to stay in business the right way [7]. As in, not taking any bailouts and then working with their creditors to restructure their debt. They recently announced that their creditors had agreed to exchange 10 billion dollars worth of debt for stock in the company...swapping debt for, in essense, .38 cents on the dollar and giving the creditors a 28% stake in the company. The result? Ford stock went up 16% on the deal. In the meantime, obama's busy firing GM's CEO, dancing around any deal that will hurt the unions...and telling Fiat he'll give them 6 billion if they take over Chrysler. Maybe we should just let Ford take 'em over.
Capitol Hill Dems are pushing forward with their proposal to take over American health-care. [8] What's holding up the plan? The lack of ability to pay for it. Well go figure. You know, if there's any upside at all to our current economic straights, it just may be that some of the big-government take-overs so many liberals dream about when the sleep will not come to pass because the American public will see they as way too expensive to take on. This is to say nothing of the fact that, a new govt. run plan would kill the private insurance market...thereby further expanding the number of people who would opt (or have no choice but to) go on the govt. plan. And, of course, increasing it's cost exponentially.
Americans sometimes seem all to quick to overlook certain assaults on their liberties if they're cloaked in something "free"...but when it's easier to point out that it'll cost 'em, they tend to pay at least a little more attention.
