Kyl says the Democrats will try to pass Obamacare with 51 votes:
This is kind of breaking news. As you say, we’re just hearing it. We haven’t been formally advised, but we have it on relatively good authority. And this would be what they call the nuclear option. This would be we can’t do it with 60 votes, because now we have a new Senator from Massachusetts, so we’ll do it with 51. Now it’s called the nuclear option, because it really upsets all of the tradition and precedent within the Senate which on a really big bill on the magnitude of health care, would always have strong bipartisan support, and therefore the 60 vote requirement really doesn’t matter.
They’ve learned nothing from the election of Scott Brown, and their other setbacks.
The latest idea for reining in the federal government’s runaway spending is to “freeze” nondefense discretionary outlays for three years. That may sound good, but it’s just another gimmick.
We try not to be too cynical about politics, but the White House’s proposed freeze will do nothing to address America’s budget problems.
Last year alone, the U.S. deficit hit $1.4 trillion on record spending of $3.7 trillion. The freeze will apply only to $447 billion in spending — just 12% of the total. Next year, if the freeze goes into effect, it will save just $15 billion — and $250 billion over 10 years.
Compared with the $9 trillion in new debt and $43 trillion in spending expected over the next decade, it’s a pittance — not even a down payment on our gaping shortfalls.
[…]According to the CBO, the $250 billion in savings amounts to a negligible 0.5% of the $43 trillion in spending over the next decade. But it will no doubt be put to good political use, as congressional Democrats suddenly style themselves as fiscal conservatives during the 2010 campaign for passing a meaningless freeze.
Let me be clear. Obama never has been a fiscal conservative, and he isn’t going to start to be one now. It’s just words on a teleprompter that he reads so that you stop calling your representatives.
I watched this about a half-dozen times so far. It’s awesome! I love it!
I’m sure it will come as no surprise to everyone that I come out on Hayek’s side on this debate. I like the Austrian School of Economics. I’m a supply-sider. I believe in the free market, free trade, private property, saving and investing, entrepreneurship, distributed power, small government, and freedom from government intervention.
Who was F.A. Hayek?
F.A. Hayek was the greatest economist of the 20th century. He won the Nobel prize in Economics. His greatest works are “The Road to Serfdom”, “The Constitution of Liberty”, and “The Fatal Conceit”. If you take a look at the list of the top 10 books that all conservatives should read, you will see that The Road to Serfdom is #1 and The Constitution of Liberty is #10 on the list.
This is part 1 of a 3 part series produced for PBS called “The Command Heights: The Battle for the World Economy”. But the only part you need to watch to learn about Keynes and Hayek is part 1, which is 2 hours long.
This video is basically a history of the 20th century from the point of view of an economist. This is a must see for you young people who don’t know who Reagan and Thatcher were. These two leaders were the greatest defenders of freedom in the 20th century, along with Winston Churchill. And they’re both solid Christians, acting from a Christian and capitalist worldview that valued liberty, security and prosperity.
Today, Stephen Harper, the prime minister of Canada, best embodies the free-market, freedom-loving ideas of Hayek, while Barack Obama embodies the big-government, deficit-spending ideas of Keynes. Guess which economy is doing better?
WINTERY KNIGHT 