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Monday, July 25, 2011

Cruising the Web

Keith Hennessey has the facts. Passing a short-term debt limit expansion is not unusual.
Over the last twenty years Congress and the President have acted 44 times to increase the debt limit.

Ten of those 44 times lasted more than a year. The other 34 were for less than a year.

Over the past (roughly) 20 years, the U.S. government spent 18% of its time, or more than 3 and a half years, operating under a debt limit increase that lasted for less than a year.

The average period between increases was 333 days (almost 11 months), and the median was 131 days (just over four months).
So it wouldn't be anything out of the ordinary to have a short-term extension while they work on finding a better agreement for the long term. Obama just doesn't want to have to deal with this in an election year. Neither does Harry Reid. And that fact alone should tell us if they really are confident that they're winning the PR battle on this.

Ron Arnold refutes the deceptions that Time Magazine and some liberals have been spouting about the ban on incandescent light bulbs. Yes, the 2007 law prohibited the sale of bulbs that don't meet " a minimum efficacy standard of 45 lumens per watt." That includes 100-watt incandescent bulbs. And no, there aren't any efficient incandescent bulbs being made now that would replace the 100-watt incandescent bulbs people would like to keep using. He's right. The real issue is freedom of choice. If the CFL bulbs are so superior, people will use them without government having to enter the picture at all.

The White House Deputy Press Secretary admitted
that Obama would sign any deal that passed both houses. So much for all those veto threats.

Gee, Californians aren't so happy about having lots of wind farms sprouting up. Just like the Kennedys and John Kerry, they don't like having their view messed up. And one wind farm is garnering opposition because of its proximity to sacred Native American sites. My, which liberal sacred cow will get sacrificed in that conflict?

The Obama administration does seem to have it in for Texas.

Read about how the Khan Academy is changing education.
Kids are actually learning math. And other subjects. So, of course, the same education crowd who can't get kids to learn math nowadays are criticizing it.

There's more evidence that small businesses
that offer insurance today will start dropping it and letting their employees take the heavily subsidized insurance offered through Obamacare's government exchanges. This is just what opponents of Obamacare predicted would happen and it will drive up the projected cost of Obamacare way beyond its original predictions. Remember all those promises about how no one would lose their health insurance under the new reforms? Remember those promises about how Obamacare would bend the costs down? Yeah, those were all lies and now we're seeing what is really going to happen.

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