Welch: Obama Administration Is Anti-Business

Jack Welch
High unemployment may last for a long time because of the sluggish economy, bad politics and advances in technology, Jack Welch, author of "Straight from the Gut," told CNBC Thursday. President Barack Obama's administration has an "anti-business" bias which manifests itself through intimidation, trade, taxes and regulation, Welch also said. "Our businesses across the board look like 1.5-2 percent gross domestic product (advance) businesses," he said. "The facts are in most businesses there's 20 to 25 percent excess capacity that they can fill in without adding any new people," Welch added. Technology, which is improving business "exponentially", is also a factor in not adding jobs. The government should make it easier for companies to invest and expand but instead they are hampering business, according to Welch. "I still maintain that the economy's been terrible and they have not done things to move the economy forward," he said. "He's there a month and he vilifies Las Vegas… he kills the hotel business," Welch said. Soon after he came into office, Obama slammed companies that benefitted from taxpayer money for taking corporate trips to Las Vegas. Businesspeople said tourism in Nevada took a hit partly because companies decided to cancel trips to Las Vegas following his comment. "You get all these little things that have consequences. Read more here:
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Welfare - California Style

From Newsmax - Talk about a new twist on the old saying that what happens in Vegas stays in Vegas: What’s paid as welfare in California goes to Las Vegas — to the tune of nearly 12 million bucks since 2007. That’s wilder than a joker, according to officials and private citizens who are bristling at the fact that it’s is only a fraction of the tally of Golden State welfare money that turned into tourism dollars in Nevada, Hawaii, Miami, Guam, and other spots of relaxation benefitting from California taxation.
And, although many Vegas casinos block the use of welfare cards in ATMs amid the cacophony of coins coursing through the slots, that doesn’t stop people from getting their gambling stakes at a nearby 7-Eleven, according to the Los Angeles Times. In fact, nearly $70 million in California welfare money intended to house and clothe the needy was spent or withdrawn outside the state between January 2007 and this past May, the Times reported today.
The tally includes not only the millions in Vegans but also hundreds of thousands in Hawaii and thousands on cruise ships sailing out of Miami, the newspaper said. State-issued welfare cards have been used at hotels, shops, restaurants, ATMs, and other places in 49 other states, the Virgin Islands, and Guam, since January 2007, the Times expose reports, citing data the newspaper obtained from the state social services department. Read more here:

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Blackwell: Frank and Hoyer Getting Challenged

Steny Hoyer
From Townhall.com - With the general election less than a month away and the Democrats reeling from one bad poll after another, the time is ripe for them to spring an “October surprise” in an attempt to shift the odds in their favor. This time, however, the surprise might be on them, judging from the surging candidacies of two GOP hopefuls engaged in races against two of the House’s most entrenched incumbents, Rep. Barney Frank (D-Mass.), the chairman of the House Financial Services Committee, and Rep. Steny Hoyer (D-Md.), the House Majority Leader.
Barney Frank
What do both challengers have in common besides party affiliation and races against tough incumbents? Both are businessmen who understand first-hand the impact of our current economic uncertainty on business growth and job creation. And both are Marines. They are trained and ready to fight. Read more here:

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Star Parker: Government Rigor Mortis

Star Parker
Keeping government limited is a practical approach to governing that opens the door to growth and prosperity. Why? Consider a fundamental difference between business and government. Any businessman operating successfully is in touch with reality, with change, and acts with speed to make adjustments necessary to survive. Businesses are not democracies, so a CEO can execute what needs to be done on the spot. Government is the opposite. It is allergic to change. They say government programs are like headless nails. Once in they’re impossible to get out. Programs produce interests who then fight change. So it should be obvious that if we want a nation that is vibrant, in touch with reality, changing as it needs to in a timely way, the reach of government must be limited. Consider Social Security. Read more here: 

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Barone: Pelosi's Last Hurrah?

Michael Barone
It happened late Wednesday night, so it didn't get much coverage: Speaker Nancy Pelosi cast the deciding vote when the House voted, 210-209, to adjourn. That's significant because, by custom, the speaker ordinarily doesn't vote except on issues of special importance. And because Pelosi, who has shown impressive ability to deliver Democratic majorities on one tough roll call after another for four years, was scrambling to prevail on what is ordinarily a routine vote.
Nancy Pelosi
It wasn't routine this time, because the Republicans wanted a roll call on extending all the George W. Bush tax cuts, which are set to expire on Jan. 1 -- even on those malign folks who make more than $250,000 a year. There were enough Democrats on record for that move to give them a majority if a vote had been taken, and 39 Democrats joined Republicans and voted against adjournment. Read more here:

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Book Recommendations: Abuse of Power - Plunder!

Steven Greenhut
From Townhall.com by Bruce Bialosky - Steven Greenhut may be the most annoying man in America. No, it’s not because he’s a mean guy or that he has created some silly reality show like Jersey Shores. It’s because Steve, a former Orange County Register columnist, writes books that you need to read, but are totally infuriating and raise your blood pressure a good fifty points.  Even though I met Steve while he was covering a variety of political events in his pure journalism days, he didn’t inform me when his first book, Abuse of Power, was published in 2004. I actually learned about it when it appeared on the great Thomas Sowell’s year-end book list, and I figured that if it was good enough for Sowell to recommend, it had to be worth reading. After Steve shipped me a copy of the book – which addresses the issue of eminent domain – I immediately began to read it over that holiday season. After each chapter, I sent Greenhut cursing emails about how disgusting the abuse of eminent domain was, and how reading his book had made me peeved. Yet despite my fury, I bought 24 copies and had them mailed to local politicians I knew in California so they too could understand the abuses that were taking place in the name of our Constitution. Read more here:

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Bill Richardson: Advice to Democrats in Power

Bill Richardson
Governor Bill Richardson appeared on the CBS television show, Face the Nation yesterday and offered suggestions for President Obama and his other fellow Democratic Party leaders. He said Democrats should stop talking about their policies, especially the sweeping legislation they passed on healthcare. He also indicated it was unwise to discuss the new law or new regulations coming out of Washington that will affect financial institutions. Instead, Richardson thinks Democrats should start trying harder to connect with the public on basic "themes." He said what is needed for political success is to connect with voters on an "emotional level." Richardson also said he thinks it is a good idea to take on the Tea Party movement. He said for some reason everyone is afraid of the Tea Party. During the interview Face the Nation host Bob Schieffer did not ask Governor Richardson what he thought should be done to narrow the ballooning budget deficit in his own state.


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