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Archive → March 3rd, 2010

Obama playing into GOP hopes

President Barak Obama is playing right into GOP plans with his latest call for congressional Democrats to ignore the negative polls and political consequences, fall on their swords and pass his health care reform plan, “now.” Whether the Dems in both houses, who enjoy overwhelming (if not gripe-proof) majorities, will commit political suicide for their President remains to be seen.

Still, give President Obama credit for getting into the testosterone cream, at least; however unpopular it may be, he believes in his socialization of one-sixth of the US economy, and, like Custer, he’s making his stand on this particular hill.

Time will tell if Obama and his fellow Dems will fare better than good ol’ George Armstrong…

Palin teaming with Burnett for reality series

Former Alaska governor Sarah Palin and reality TV producer Mark Burnett are teaming up to shop a reality TV series around Hollywood, which would focus on Alaska and the Palin family, according to numerous online reports. Considering a reality show, even if approved for next fall, could spend as much as a year in production and it’s already 2010, the chances of Palin running for the GOP presidential nod in 2012 are starting to look slimmer and slimmer.

No one can begrudge Palin wanting to cash in and make a living for her and her family; but with her job search possibly impinging on the 2012 presidential campaign season, it’s looking like Palin may have her sights set on 2016 and beyond, or has embraced the celebrity life.

The reason a reality TV jaunt could impinge on a presidential run goes not just to conflicting schedules, but to FCC campaign standards. If Palin wishes to run, no broadcast show featuring her could air once her campaign for the White House officially begins, without invoking the specter of “equal time” laws regulated by the FCC. Since it’s unlikely any broadcast or cable net is going to give the green light to a Palin reality show that it would need to clone for some twelve to twenty candidates from the two major parties as well as minor party candidates, the chances of a show getting green-lit by Hollywood would likely depend on assurances from Palin that she’s committed to the show over a presidential run… at least until the first season completes airing.

There are numerous precedents for such situations; in 1980, broadcast TV had to cease airing old movies and TV shows featuring Ronald Reagan until after the Carter-Reagan showdown was over. More recently, in the late 1990s, former pro wrestler and talk radio host Jesse Ventura was forced to step down from his radio gig to run for Minnesota governor.

Obama policy: $7/gallon gas

A new Harvard study is that the Obama Administration’s emissions goals for so-called greenhouse gases, which he wants reduced by 14 percent from 2005 levels by the year 2020, would result in boosting the cost of gas to a staggering seven dollars a gallon, more than four dollars above current prices.

The bulk of the increase would arise not from oil shortages, supply chain challenges or even war in the Middle East, but simply from new, confiscatory increases to fuel taxes, sufficient to drive most low- and middle-income Americans out of their cars and force them economically onto transportation.

The naivety of such a policy, however, is readily apparent to anyone who understands market economics, as well as anyone who remembers what nearly $4.00/gallon gas did to our economy in 2008. To wit: we’re still recovering from the economic slow-down it caused.

To make matters worse, gas at seven dollars a gallon would skyrocket inflation to unheard-of levels and force even the middle-class into the category of the “working poor,” effectively killing off most small businesses.

Real bright idea, Obama… go sell insurance quotes to Acorn and leave the country alone, will ya?