forgottenliberty.com

Thursday, the Supreme Court struck a victory for the 1st amendment by declaring large portions of the McCain-Feingold finance law unconstitutional.  Justice Kennedy, writing for the majority said,

…when Government seeks to use its full power, including the criminal law, to command where a person may get his or her information or what distrusted source he or she may not hear, it uses censorship to control thought. This is unlawful. The First Amendment confirms the freedom to think for ourselves.

By striking this down this bad law, large donors (including corporations) will now be able to purchase air time for political ads leading up to an election.  This did not go over well with liberals and I’ll tell you 2 reasons why.

Reason 1

Up until now, corporations had to give money directly to candidates because they could not spend it on advertising.  In the 2008 election, corporations donated significantly more money to Democrat candidates than Republicans.  Here are a few examples.  The percentages may surprise you.

1 Act Blue $3,151,038 100% Dem 0% GOP Solidly Democratic

2 Goldman-Sachs $1,656,954 71% DEM 29% GOP Strongly Democratic

3 Citigroup Inc. $1,582,857 63% Dem 37% GOP Leans Democratic

4 JP Morgan Chase & Co. $1,171,720 68% Dem 32% GOP Strongly Democratic

5 AT&T Inc. $1,094,144 45% Dem 55% GOP On the fence

6 UBS AG $1,068,953 62% Dem 38% GOP Leans Democratic

7 Intl Brotherhood of Electrical Workers $947,815 98% Dem 2% GOP Solidly Democratic

8 Laborers Union $924,500 91% Dem 9%GOP Solidly Democratic

9 Morgan Stanley $923,850 62% Dem 38%GOP Leans Democratic

Now that these companies can actually purchase ads on TV, they will most likely use their money for flashy 30 second commercials instead of giving directly to politicians.  This means Democrats (and plenty of Republicans) will loose money that they have grown accustomed to receiving.  They don’t like this and now Obama and the rest of them are whining about it.

Reason 2

Socialist dictators, like Chavez and Castro, seem to love Obama.  However, now that Scott Brown has beaten Martha Coakley in the Massachusetts special election, a very famous socialist dictator has turned on Obama.  The President’s failure to get out the vote for Coakley has lost him the support of the National Socialist German Workers Party (NAZI) and it’s leader, Adolf Hitler.  I’m serious, just watch the video!

I saw this political cartoon, and I had to post it.  It is so true.  Huge deficit spending and threatened tax increases during a recession takes away the ability for small businesses to create jobs.  Democrats don’t understand this, do they?  Why would a small business owner, who is worried about inflation, possible tax increases, and a greatly increased cost for employee health insurance, be willing to risk more of his capital by hiring new employees?  He won’t, because he may have to lay them off a few months down the road due to new government policies and mandates.  Instead, he will wait to see what the government is going to do.  If health care dies in Congress, and the small business taxes that Obama has proposed are voted down, it will become much easier for small business owners to hire new employees.  Until then, the foundation of our economy will remain on shaky ground.  This cartoon illustrates my point perfectly.

President Obama, well known for his soaring rhetoric and ability to cause audience members to faint while giving a speech, seemed more like a professor giving a lecture than a Commander in Chief announcing the decision to send 30,000 more troops into harms way Tuesday night at West Point.  The majority of the speech could have meshed perfectly with a power point presentation.  The only part of his speech that was able to wake the sleepy West Point Cadets was when he spoke about the greatness of America (something he has done very little of).

There is nothing inherently wrong with giving a boring speech, but this was not a speech outlining some domestic policy or economic plan.  It was a speech announcing the decision to send more Americans into battle.  If he was ever going to give  an inspiring speech, this was the time for it.  War is a terrible thing, but Americans know that it is sometimes necessary.  We just need a President to assure us that our cause is just and victory will be achieved.  During his speech, Obama never used the word victory.  He never assured the cadets listening to him that we would be victorious.  The closest he came was saying that we will be “successful”.  Is that the politically correct term for victory?  We know he doesn’t like the “V” word, because he said so himself in an interview with ABC,

It appears President Obama may be realizing that his deficit is becoming a huge problem. In light of many economists warning of the pending inflation risk and foreign creditors becoming nervous of buying U.S. debt, President Obama is eying a domestic spending freeze. According to the AP,

The Obama administration has alerted domestic agencies to plan for a freeze or even a 5 percent cut in their budgets, part of an election-year push to rein in record deficits that threaten the economy and Democrats’ political prospects next fall.

The deficit-cutting drive comes as President Barack Obama traveled to Asia where several nations, especially China, have expressed concerns about the size of U.S. deficits. China is the largest foreign holder of U.S. Treasury securities and policymakers worry that alarm over deficits could push foreigners into cutting back on their purchases of Treasury debt.

I seem to remember John McCain proposing a spending freeze during the campaign.  I also remember Obama criticizing such a plan.  From the J Post,

In light of the tragic massacre at Fort Hood, President Obama  has asked that we remain calm and avoid jumping to conclusions. Obviously, the conclusion President Obama does not want us to jump to is that this shooting was an act of Islamic terrorism.  From the Financial Times,

Barack Obama cautioned a stunned public on Friday against drawing quick conclusions on a shooting rampage by an officer at a Texas military base that killed 13 people.

The president made the comments as the commander of Fort Hood, the US’s largest base for deployments to Iraq and Afghanistan, quoted witnesses as saying the suspected gunman, Major Nidal Malik Hasan, shouted the Muslim declaration “Allahu Akbar” – God is great – as he opened fire. Speaking at the White House, Mr Obama said: “We don’t know all the answers yet, and I would caution against jumping to conclusions until we have all the facts.”

In my opinion, Major Hasan intended to terrorize his victims and was motivated and influenced by his Islamic beliefs.  He didn’t impulsively start shooting people.   He planned his attack.  Lt. Colonel Ralph Peters, author of The War After Armageddon, wrote a column in the NY Post explaining why he believes Hasan was acting as a terrorist.  In Colonel Peter’s opinion, Islam and political correctness are