Friday, July 20, 2012

Weekly Wrap-Up

The tragic events in Colorado remind us that evil exists and that no matter how many laws we enact, evil will not respect the laws we have to protect our citizens.   Our thoughts and prayers are with all of the families affected by the actions of the lunatic who perpetrated this horror.

Already calls are being made to curb our Second Amendment rights, and while we do not know all the facts, this I am certain of, it was not a law-abiding citizen who committed this awful crime.  Beware of those who want to strip us of our rights and beware of those who support the United Nations Arms Trade Treaty.

Some good news, Penn State may remove Paterno statute this weekend.

Veronique de Rugy restates what we have been saying for years, spending is the problem, even if you raise taxes.

Spending will continue to be government’s biggest problem, but making the wrong spending cuts will eventually be an American problem.  The primary role of our government is to protect its citizens, and if the Defense Department is cut to the bone as planned (not that there isn’t some waste that must be cut) all Americans will be at risk.  Here is a good analysis on what the House passed yesterday in the DOD spending bill.  The Heritage Foundation makes a case for fixing Defense Sequestration without increasing taxes.   

The Foundation also makes the case for ending the Dodd-Frank regulations that are strangling our economy.

I clearly remember the deep recession of 1981-82 and I remember the hope that Ronald Reagan give Americans.  If you don’t recall what President Reagan said back then, Larry Kudlow will help you remember here.

President Reagan understood the American entrepreneurial spirit and celebrated its successes, unlike President Obama who last week stated that those who work extremely long hours and put all their energies into running a small business (I know, because I was one of them for 47 years) owe their success to others.  Surprisingly, he credited government, teachers and a few other abstract items, but never credited parents or families, both of which are essential.  Listen for yourself to what he said.
You can listen here to Charles Krauthammer’s analysis of what President Obama said.   Thomas Sowell is also concerned with the President’s trashing achievements.   Let us know what you think in our weekly poll.

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