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"A government that robs Peter to pay Paul, can always count on the support of Paul." George Bernard Shaw

Monday, April 25, 2011

Probably the most disappointing day in America since Obama’s inauguration

It was probably the most disappointing day in America since Obama’s inauguration (and Obama has given us many such days from which to choose). In one day this Administrations ruination of our labor, energy and health care markets all hit a new low.

The Supreme Court chose not to give expedited treatment to the question of whether Obamacare is unconstitutional. Obamacare regulates and impacts one sixth of the US economy. Many think that it is unconstitutional for the Federal Government to require every citizen to carry approved health care insurance. This is a decision with massive consequences (no matter how it is ultimately decided) and will eventually be decided by the Supreme Court. So why mess around with the interim courts?

Shell Oil has cancelled an oil drilling project in Alaska because the EPA won’t grant it an air permit. They are writing off close to $4 billion and will evidently take their capital and skills and go to other countries and therefore our dependence on foreign oil will keep growing.

The National Labor Relations Board sued Boeing for its move to Charleston, South Carolina as illegal because it retaliates against labor. South Carolina is a right to work state and the fact that unions are weaker was undoubtedly a factor, but it was probably only one of several considerations. And since when can’t you open a new plant where you want to? So now the NLRB will be managing virtually every decision of our manufacturing industry. What are the chances that Boeing and other manufacturers next move is to take their new plants and jobs outside the US?

Oh yeh and business as usual today - not a damn thing was done about reducing our deficit or federal spending. Obama destroying America one day at a time.

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