- Federal Government Could Reduce Debt by $1.5 Trillion with a Sale of Unneeded Assets like gold, land, buildings, and TARP.
- In sharp reversal of previous U.S. policy, the Obama administration agreed to rebuke Israel in the United Nations Security Council.
- The Obama administration health department office tasked with selling Obamacare is asking Congress to quadruple its budget while almost doubling the size of its staff.
- HALL OF SHAME! The Obama administration is asking lobbyists to sign nondisclosure agreements to keep their meetings with the administration secret.
- Madison schools were closed Wednesday as 40% of 2,600 members of the teachers union “called in sick” to protest Gov. Scott Walker’s (R) proposal to limit union power.
- "More than 400 amendments were filed Monday night. Among them [was] a proposal from Rep. Steve Womack, R-Ark., to eliminate funding for the president's Teleprompter." [ Chuckle! – JS ]
- Bureaucrats are hard at work determining the how much your life is worth. What could possibly go wrong? [ Hmmm … ObamaCare redux? – JS ]
- "Rising wholesale prices spur inflation concerns." Now how long will it be before Time puts Obama on the cover yukking it up with Jimmy Carter? [ I remember borrowing money then at 17% on a standard business line – JS ]
HALL of FAME > Florida Gov. Scott Rejects Federal Funding for Flawed Orlando to Tampa High-Speed Rail Plan: Rick Scott has pulled the plug on the 84-mile Tampa to Orlando high-speed rail project, rejecting $2.4 billion in federal funding for what has been touted as a $2.7 billion project. But according to a Reason Foundation study released in January (on which Scott relied), there was a high risk that the actual cost could have been as much as twice that amount—with the difference having to come from Florida taxpayers. In addition, since the official ridership projections were straight out of fantasyland, there was a high likelihood of the state being stuck providing operating subsidies, as in most of the existing high-speed rail projects overseas. Yet if the state accepted the $2.4 billion from the federal government and built the line, it would be stuck operating it—or else required to give back the $2.4 billion in, by then, sunk costs. So Scott made a responsible decision to protect Florida’s taxpayers, consistent with his campaign rhetoric and his other actions since taking over in January. [ GO RICK! We’ve just had a politician turn down easy money because he knows easy money usually comes at a future cost. – JS ]
Tell a joke:
Q: Why is it so hard for liberals to make eye contact?
A: Obama's rear doesn't have eyes.
"In the early and mid-1970’s, public advice was to cooperate with robbers and rapists in order to minimize personal injury. Appeasement, in other words. While this may be good advice in some circumstances, as general behavior it makes crime more rewarding. A nation of sheep is nice for wolves."
-- Morgan Reynolds