Below The Beltway

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Archive for April, 2009

Newt Gingrich Warns Of GOP Fracture In 2012

by @ Friday, April 3rd, 2009. Filed under Newt Gingrich, Politics, Republicans

Former Speaker Newt Gingrich issued what sounds like a threat to the GOP the other day:
(CNN) — Former House speaker Newt Gingrich is warning of a third party mutiny in 2012 if Republicans don’t figure out a way to shape up.
“If the Republicans can’t break out of being the right wing party of big government, [...]

General Motors Puts Bankruptcy On The Table

by @ Friday, April 3rd, 2009. Filed under Auto Industry, Business, Economics

It’s becoming more and more apparent that General Motors sees the writing on the wall:
DETROIT — General Motors stated in a regulatory filing to the Treasury Department on Thursday that it is prepared to file for bankruptcy protection if it cannot restructure out of court.
It echoes what G.M.’s new chief executive, Fritz Henderson, said this [...]

Unemployment Rate Hits Another Record

by @ Friday, April 3rd, 2009. Filed under Credit Crisis, Economics, Politics

We now have the highest unemployment rate since November 1983:
The American economy shed another 663,000 jobs in March, the government reported Friday, bringing the toll of job losses during the recession to 5.1 million.
The Bureau of Labor Statistics reported that the national unemployment rate climbed to 8.5 percent from 8.1 percent in February, its highest [...]

House, Senate Pass Obama’s Budget

by @ Friday, April 3rd, 2009. Filed under Barack Obama, Congress, Democrats, Economics, Politics, Republicans

Well, that was fast.
Both the House and the Senate have passed versions of President Obama’s $ 3.6 trillion budget:
WASHINGTON — The House and Senate approved budgets of about $3.5 trillion for the government on Thursday with no Republican support, a sign of deep partisan tensions likely to color Congressional efforts to enact major policy initiatives [...]

Sarah Palin’s Dumb Idea

by @ Friday, April 3rd, 2009. Filed under Congress, Politics, Republicans, Sarah Palin

In the wake of the Justice Department’s decision to drop charges against former Alaska Senator Ted Stevens, Alaska’s Governor is joining those making a rather absurd call:
Gov. Sarah Palin (R-Alaska) called on Sen. Mark Begich (D-Alaska ) Thursday to step down from his seat and run in a special election in the wake of the [...]

Atlas Shrugged Movie Update

by @ Thursday, April 2nd, 2009. Filed under Ayn Rand, Books, Movies

It’s perhaps understandable that all of the increased attention being paid to Atlas Shrugged has led to another round of speculation about a movie adaption:
Hollywood could soon be going Objectivist.
After decades in development hell, Ayn Rand’s capitalism-minded “Atlas Shrugged” is taking new steps toward the big screen — with one of the film world’s most [...]

St. Louis TSA Detains Man For Carrying Cash & Ron Paul Stickers

by @ Thursday, April 2nd, 2009. Filed under Freedom of Speech, Individual Liberty, Libertarians, Politics

A truly disturbing story:

H/T: Crystal Clear Conservative

Welcome To Obama’s Auto Repair Center

by @ Thursday, April 2nd, 2009. Filed under Humor, Politics

Now that the Federal Government is backing your warranty, Reason takes a look at what’s in store:

H/T: Jason Pye

How Politics Is Ruining The Tea Party Movement

by @ Thursday, April 2nd, 2009. Filed under Politics, Republicans

Jason Pye points out that the Tea Party movement is making a mistake by allying itself with Republicans:
Newt Gingrich and his group, American Solutions, recently announced that they were endorsing and supporting the protests. Gingrich has supported and lobbied for a $9 trillion expansion of Medicare and more recently, the Trouble Asset Relief Program (TARP [...]

Our Afghan Ally Resurects Taliban-Like Law On Marriage

by @ Wednesday, April 1st, 2009. Filed under Afghanistan, Foreign Affairs

Hamid Karzai is being accused of signing into a law a bill that effectively legalizes rape:
Afghanistan’s President, Hamid Karzai, has signed a law which “legalises” rape, women’s groups and the United Nations warn. Critics claim the president helped rush the bill through parliament in a bid to appease Islamic fundamentalists ahead of elections in August.
In [...]

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