Vice President Hillary Clinton?

August 22, 2010

As the 2010 election approaches, speculation has already begun about who will run in 2012 – and not just on the Republican side. Some suggest the far-fetched notion that Hillary will challenge Barack for the nomination. Let’s be clear, that simply will not happen for many reasons.

More recently, a very intriguing idea has been toss around by Hillary supporters and the media. That rumor is that Obama may replace Biden on the ticket with Hillary, potentially making a direct swap that would result in Biden becoming Secretary of State and Hillary running for Vice President. Normally, I would be tempted to dismiss such a rumor as rubbish, but there are reasons not to dismiss such speculation out of hand:

Read the rest of this entry »

Advertisements

Obama Weighs In – The Mosque at Ground Zero

August 15, 2010

As many have heard, some want to build an Islamic Center near ground zero in New York City. Contrary to what reports would have us believe, there already exists a location for prayer. The goal is to expand the facility and create a center that would focus on building peaceful relations between Muslims and the West. I will admit that before reading more on the topic, I tended to lean against the construction of the facility near ground zero because I felt they could build it elsewhere.

Then in steps Obama. When I first saw he was getting involved in a controversial local issue which he did not need to get involved in, I was frustrated and could not begin to fathom why he would insert himself and risk public fury. Then I continued reading and began thinking. Beyond the initial knee-jerk reactions, I began to see the significance and wisdom of getting involved. It was indeed an issue of national importance too, not merely a local issue to be written off for political expedience. Obama did, after all, promise a new kind of politics and decision making that would rely on our fundamental democratic values rather than political maneuvering.

It was actually Michael Bloomberg’s quote in the article linked above comparing Obama to George Washington that got me thinking: “Two hundred and twenty years ago this week, the Father of Our Country penned his famous letter to the Jewish Community of Newport Rhode Island or, as he called them, ‘the Children of the Stock of Abraham.’ President Obama’s words tonight evoked President Washington’s own August reminder that ‘all possess alike liberty,'” Bloomberg said.

Read the rest of this entry »


Ben Quayle’s Ad, Worst President Ever Comments

August 12, 2010

Ben Quayle, the son of former Vice President Dan Quayle is running for Congress in Arizona. He recently released an advertisement calling President Obama the “worst president in history.” You can watch the ad here . This ad is the perfect example as to why I get so frustrated with Washington D.C. politics.

Read the rest of this entry »


Turning Point – Justice Elena Kagan

August 8, 2010

This will be a brief post to note a turning point in American history. Much like the election of Barack Obama as President, it is difficult to completely appreciate the historic nature of the nomination of Elena Kagan to the U.S. Supreme Court in the same way that it will be appreciated decades from now. But the nomination of Kagan to the U.S. Supreme Court is a moment in American history worth noting. Prior to her nomination, women were often nominated to the court as a token selection. Typically only one or two females have sat on the court over approximately the last twenty five years. Barack Obama has nominated two females to fill the first two Supreme Court vacancies of his presidency and, in doing so, he changed the selection of female nominees from a token political move to a normal occurrence. There have now been four women to have served on the court and three are serving currently, making up one third of the nine justices. While she represents the status quo and lack of diversity in terms of her ivy league education and her religion (Judaism), it is nonetheless a good day in this democracy in that the way female nominees to the court (and perhaps in the legal profession generally) has been forever changed.


The Auto Bailout and Fiscal Responsibility

August 1, 2010

Sometimes fiscal responsibility means making wise investments with long term benefits taking precedence over short term concerns. That seems to be the case with the auto bailout.

It is worth noting that the use of the term “bailout” is a bit of a misnomer as the money given to the auto industry was in the form of a loan and will be repaid with interest. It is by no means a giveaway. However, since it is the well established nickname for the aid given to the auto industry, I will continue to use it.

I probably would not have supported the auto bailout without serious limitations on executive pay. Wealthy executives should not be rolling in piles of money while working class Americans pay for bailouts of the same company. Additionally, unreasonable executive pay indicates problems with the fiscal responsibility of auto companies and their executives and that raises the question of whether the public should be risking their hard earned dollars to bail them out.

However, it seems as though the auto bailout has paid off. One Chrysler plant “added a second shift of production to the tune of about 1,100 jobs.” Another Chrysler plant will add 900 at a plant outside Detroit. In the year following the bailout and bankruptcies, 55,000 jobs were created in the auto industry which is the largest growth for the auto industry in more than a decade. More than 10,000 additional jobs are projected to be created by the end of the year. Chevrolet and Ford are both operating at a profit and Chrysler is nearly profitable with only the interest on the government loans keeping them in the red.

Equally important is the fact that, while the government likely will not recoup the approximately $25 billion given to the auto industry by the Bush administration, all of the $60 billion given by the Obama administration in the form of loans will be recouped with interest. This is obviously good news.

Fiscal responsibility is a long term approach and means making the financial decision that is the most fiscally responsible, not necessarily the one that is the most fiscally reluctant.


Reeling in Independent Voters to Take Back Congress

July 15, 2010

Two polls out this week have shown Americans are losing faith in the Obama administration. On Tuesday, the ABC News/Washington Post poll showed that nearly 60% of Americans “lack faith” in President Obama. 58% of respondents said they had “just some” or “none” confidence in Obama to make the right decision for America’s future.

Time Magazine just published their latest poll, showing that 49% of respondents approve of Obama’s performance while 45% disapprove. 56% of respondents said that the U.S. is on the wrong track. Read the rest of this entry »


The Need To Extend Portions of Bush’s Tax Cuts

July 8, 2010

President George W. Bush’s tax cuts are set to expire on December 31st. While Democrats labeled these temporary tax cuts as “only for the rich,” these expiring cuts will drastically impact the middle and lower classes in America. The U.S. Congress should pass an extension of these tax cuts at least for those in the tax brackets below $100,000. The reality of the situation is that 85% of Americans earn less than $100,000 per year, and only 5.5% of Americans earn more than $150,000.

I have put together a chart of the current tax rates to compare them with what they were before the Bush tax cuts, and it’s below. As a college student, my tax rate is at the current 15% rate, and would increase over 60% to 25% if these tax cuts are allowed to sunset.  

Read the rest of this entry »