Morning Briefing
For March 18, 2013
1. Mitch McConnell Declares Surrender on Obamacare
Joining Eric Cantor, John Boehner, Kevin McCarthy, and Paul Ryan, Mitch McConnell is declaring surrender on Obamacare.
He will no longer fight it.
You’d never know that if you paid attention to his preferred words about Obamacare at CPAC. McConnell told the crowd that “Obamacare should be repealed root and branch.” He also told the crowd that those who think he’s given up the fight are wrong. He pledged to continue to fight.
I call bull.
The part of his speech that McConnell hopes you ignore is him saying, “When it came to Obamacare, we gave it everything we have, everything we have, and we just lost.” He’s also signaling that the Senate Republicans will neither filibuster the continuing resolution nor shut down the government. . . . please click here for the rest of the post →
2. Cyprus to raid private bank deposits, on orders from European Union.
Basically, it goes like this: the EU bails out Cypriot banks to the tune of 10 billion euros, in partial exchange for a 6.75% to 9.9% raid on Cypriot personal accounts (which is supposed to net about 5.8 billion euros in revenue), collectable probably now Tuesday.
Naturally, the subjects of Cyprus (I can’t in either good conscience or grammar call them “citizens”) are freaking out and trying to yank what money they can out of the banks; many wonder if the rest of the EU is going to follow suit. Should the average European be worried? . . . please click here for the rest of the post →
3. Union Hypocrisy On Display: SEIU’s Union Staff Votes To Strike
There’s nothing more embarrassing for union bosses than their own unionized staff striking against them or, in this case, threatening to strike. . . . please click here for the rest of the post →
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