Morning Briefing
For December 3, 2012
1. GOP Between A Cliff And A Cave
Right now we have the best deal we are going to get: real spending cuts against the tax rates going back to the way they were during the Clinton years. The only real issue worth dealing with is indexing the Alternative Minimum Tax for inflation.
For the past two years they have done little to discomfit the ongoing criminal enterprise centered at 1600 Pennsylvania Avenue. More effort has been devoted by the Senate leadership to attacking Jim DeMint than to opposing the Obama regime. The White House has taken the measure of our Congressional leadership and found them wanting. Few worse fates can befall a political party than to be neither feared nor respected. That now is the lot of the GOP in Congress. . . . please click here for the rest of the post →
2. House Passes STEM Immigration Reform. Racialists Go Crazy.
This week the House of Representatives made a positive move in reforming the US immigration process by passing the STEM Jobs Act sponsored by Lamar Smith (R-TX).
This act does what our immigration policy should do: ensure a higher level of economic growth in the United States by encouraging the brightest and most talented students in the world to become permanent residents of the United States. It also reduces the wait for the families of the visa recipients to receive residency visas which is now at least two year . . . please click here for the rest of the post →
3. LNG and Natural Gas Exports: A Primer
Natural gas exports? What seemed impossible a mere five years ago is becoming a reality. The shale gas revolution has blessed us with burgeoning domestic supply and historically low prices for gas relative to crude oil. Cheniere Energy (ticker symbol LNG) is among a small group of American companies planning the construction of facilities to export liquified natural gas (not coincidentally, also known as LNG). The technology is fascinating and the economic promise is compelling.
But a political battle looms over expansion of gas exports. Sen. Ron Wyden (D-OR), the presumptive new head of the Committee on Energy and Natural Resources, has already declared his opposition to natural gas exports. There is also opposition from large industrial users of natural gas who fear rising prices for their fuel and feedstock. . . . please click here for the rest of the post →
4. Darrell Issa, the legislative machine vs Barack Obama’s cowardice on Internet liberty
Who’s anti-science? We set up a bill to bring in more foreign scientist and engineers through the STEM Act, then pass the bill with virtually no Democrat support, and then get called ‘racist.’ Apparently science degrees are racist now, according to (frankly delusional) Democrats.
And more by the ever-busy Darrell Issa: his Reddit outreach continues as he promotes his two-year legislative and regulatory moratorium in the IAMA act (even the name is a nod to that community). But, based on the linked article, they’re looking for reasons to oppose. Left-’libertarians’ are too much reflexive fanbois of unchecked state power, when Democrats get to have that power. But, we’ll see. . . . please click here for the rest of the post →
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