Wednesday, April 14, 2010

What about printing the money.

NEW YORK (CNNMoney.com) --

The debate over how to reduce U.S. debt levels has generated a lot of partisan huffing and puffing in Congress, but no meaningful action. Enter President Obama's bipartisan fiscal commission, which will hold its first meeting in a few weeks.The panel's goal is not to erase the deficit -- that would be far too difficult at this point. Rather, the commission will recommend policies that can slow the growth rate of debt to a "sustainable" level. Among other things, that means making sure annual deficits don't grow faster than the economy. The commission's first task is to figure out what lawmakers can do to bring the annual deficit as a percent of gross domestic product (GDP) down to 3% starting in 2015...Link

End the Mandate Act...............

Madam Speaker, today I am introducing the End the Mandate Act. This legislation repeals the sections of the recently-passed health reform bill that force all Americans to purchase federally-approved health insurance plans. Forcing every American to obtain health insurance is a blatant violation of the Constitution. Defenders of this provision claim the Congress’s constitutional authority to regulate “interstate commerce” gives Congress the power to mandate every American obtain a federally-approved health insurance plan. However, as Judge Andrew Napolitano and other distinguished legal scholars and commentators have pointed out, even the broadest definition of “regulating interstate commerce” cannot reasonably encompass forcing Americans to engage in commerce by purchasing health insurance...Link

Barack Obama 42%, Ron Paul 41%.

Pit maverick Republican Congressman Ron Paul against President Obama in a hypothetical 2012 election match-up, and the race is – virtually dead even.A new Rasmussen Reports national telephone survey of likely voters finds Obama with 42% support and Paul with 41% of the vote. Eleven percent (11%) prefer some other candidate, and six percent (6%) are undecided. Ask the Political Class, though, and it’s a blowout. While 58% of Mainstream voters favor Paul, 95% of the Political Class vote for Obama. But Republican voters also have decidedly mixed feelings about Paul, who has been an outspoken critic of the party establishment...Link