Archive from February, 2009
2 Feb
2009
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Ruined Honeymoon

We’re just entering the February following an inauguration, and already the Obama administration shows the distinct signs of losing that shiny new glow that comes with a new presidency.

He (President Obama) failed to attract even one! (1!) Republican on his So-Called stimulus package. He angered the Vatican after revoking the Mexico City policy, essentially allowing American tax dollars to fund overseas abortions. He has potentially initiated what would be an economically disastrous trade war with Europe through his provisions for a modern day “America First” program, part of his So-Called stimulus; already top E.U. officials are warning of retaliation. And of course, he picked a fight with the king of political media, Rush Limbaugh, and by extension approximately 40-50 million talk radio listeners. These are only the more notable fumbles.

President Obama may not realize it (this POTUS gig being his first real job), but he’s in the big leagues now – the biggest. Limbaugh’s reputation among his non-listeners is irrelevant. He will drag Obama’s reputation through the mud, leaving him with, I predict, an approval rating no higher than the low 60s. It currently hovers around 70.

2 Feb
2009
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Just What is $1 Trillion?

Our friends at Suitably Flip have done a little comparison math to illustrate the true size of the so-called stimulus package.

Take a look here and here, too.

2 Feb
2009
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No, We Don’t All Agree About the Stimulus Plan

The Cato Institute published a full-page ad last week in a number of newspapers to let President Obama know that in fact there is disagreement about the wisdom of the nearly $1 trillion stimulus plan that is about to be foisted on the American people.

So much for liberal plans to staunch disagreement about their misguided economic ideas.

2 Feb
2009
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Mayor Bloomberg’s Budget Plan

We all have to make sacrifices. That is the mantra of this recession and we hear from the president, to the governor, and now from the mayor, too.

Bloomberg outlines his plan for saving New York City as thoughts start to turn to this year’s coming mayoral election. Is there anyone out there to challenge him? Are there any other ideas about how to save New York in this fiscal crisis?

2 Feb
2009
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Details Behind That Stimulus Tax Cut

Our friends at Americans for Tax Reform have done some homework on the so-called tax cuts in the gargantuan stimulus bill.

Some highlights of the “refundable tax cuts”:

even those with $0 income tax liability would receive a check from the government. Thanks to income eligibility phase-outs, many of the recipients of refundable tax credits are low- and moderate-income families with little or no income tax liability.

46 million of the 138 million tax returns filed (33 percent) have no income tax liability. Yet these 46 million households would still be able to receive refundable credits, despite having zero income tax liability

Under current tax rules, the refundable Earned Income Credit and Additional Child Tax Credit already remove both income and payroll tax liability for 15 million filers (or 11 percent of families). These people neither have an income tax liability nor a payroll tax liability, yet would be getting a “tax cut”

Read more here.

2 Feb
2009
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Ideas About Handling the Gitmo Detainees

It seems that the Obama administration is content with pursuing a “ready, fire, aim” solution to handling the closure of the Guantanamo detention facility and relocation of the detainees there. But a legal framework has to be established. This article outlines some good thoughts on the subject: “What to Do About the Gitmo Detainees” by Stephanie Hessler.

2 Feb
2009
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“We’re Gonna Win Again in the Northeast”

My favorite quote from RNC Chairman Steele’s acceptance speech this past week: “To my friends in the Northeast, get ready baby. It’s time to turn it on.”

That’s very good to hear because our fingers are on the switch, and we are ready to go.

2 Feb
2009
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NYYRC President’s Statement Congratulating New RNC Chairman

Dear Members & Friends,
The Republican National Committee has elected Michael Steele as its new Chairman!

I congratulate Chairman Steele and wish him the best of luck in this new position. In a time when all facets of our government are run by Democrats, Chairman Steele’s leadership will be vital to rebuilding our Grand Old Party.

We look to our new Chairman to guide us into the future, with remembrance of our past victories and losses, with experiences learned every step of the journey. We ask the Chairman and the RNC as a whole to help the Young Republicans in re-branding the Party and reinforcing the important ideals of the GOP’s foundation.

As Young Republicans, we will continue to do our part, growing a base, building our coffers, and promoting our Party. I look forward to the future of the GOP with Chairman Steele at the helm.

All the Best,
Lynn Krogh
NYYRC, Inc. President