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Wednesday, July 23, 2008
MI Dems Hit Mitt
Posted by: Matt Lewis at 5:19 PM
Perhaps hoping to take a preemptive strike at the future "veep" candidate, Michigan Dems put out this web ad ...






Wednesday, July 23, 2008
Obama's Gaffe: Says He's On Banking Committee
Posted by: Matt Lewis at 5:05 PM
I missed this earlier today, but Obama committed an interesting gaffe today in Israel:

"Responding to an Israeli reporter’s question Wednesday on his commitment to protect the Jewish state, Barack Obama pointed to a bill 'we passed' in the U.S. Senate Banking Committee that tightens sanctions and authorizes divestment from Iran. “My committee,” he called it.

Except that he isn’t a member of the Committee on Banking, Housing and Urban Affairs."







Wednesday, July 23, 2008
Geaux Bobby!
Posted by: Matt Lewis at 4:25 PM
Despite his denials, Chris Cillizza's post makes me think Bobby Jindal is campaigning for "veep" ... 
"Less than 24 hours before a scheduled meeting between John McCain and Louisiana Gov. Bobby Jindal, the state Republican party released polling revealing Jindal to be immensely popular in the state -- a less-than-subtle attempt to play into chatter surrounding the governor's vice presidential prospects.

The poll, which was conducted July 14-15 by Wes Anderson and his firm OnMessage Inc., showed that 69 percent of respondents had a favorable opinion of Jindal as compared to just 18 percent who were unfavorably disposed toward the governor.

In his memo on the data, Anderson, who is also Jindal's pollster, writes: "Governor Jindal has obviously come out of his recent dustups with the legislature in a commanding position where he retains overwhelming support from the voters of Louisiana."



Tags: Veep Jindal



Wednesday, July 23, 2008
Jindal's Ruling Himself Out
Posted by: Amanda Carpenter at 4:14 PM
It might be time to start giving up on the whole McCain-Jindal idea. First, Dolly strikes out McCain's trip to Louisiana, now this.

Via Fox News:.

"I'm not going to be the vice presidential nominee or vice president," Jindal said. "I'm going to help Senator McCain get elected, as governor of Louisiana."

"Let me be clear: I have said in every private and public conversation, I've got the job that I want," Jindal also said.







Wednesday, July 23, 2008
On the Paris Hilton-ization of America's Little Girls
Posted by: Townhall.com Staff at 3:45 PM
Picture this: You drive into your kid’s junior high school parking lot and immediately think you made a wrong turn. The young girls approaching the parked cars are wearing undersized shorts, midriff-revealing tops and thick make-up, several young men following right behind them. As her father waits for her to jump into the back seat, one girl kisses goodbye one of the boys in a way that shows it was not their first time. You gasp as you realize that you did not accidentally drive into the high school parking lot. Your child is going to school with these rapidly maturing young men and women.

Mary Katharine Ham shares her views on the changing youth of today, or lack thereof, in a forthcoming column in Townhall Magazine. Ham faults material items for poorly shaping this generation’s upbringing. Thanks to booty shorts, scandalous baby clothing, fancy underwear and various other cradle robbing products, children are losing their innocence and growing up faster than necessary. With her witty writing style, personal experiences and clever examples, Ham gives readers something to both laugh about and seriously ponder.

You can't read the columns Mary Katharine Ham writes for Townhall anywhere else. Visit http://magazine.townhall.com today to subscribe and ensure you do not miss a beat!




Wednesday, July 23, 2008
David Gregory's Show in Danger of Failing?
Posted by: Matt Lewis at 3:18 PM
That's according to this.

Though I regretted seeing "Tucker" go -- I was initially surprised to like the "Race for the White House."

But the problem with the show, in my opinion, is that they use the same 5 or 6 MSNBC insiders over and over (and over) every day.  It gets a bit boring to see the exact same faces ...




Wednesday, July 23, 2008
MythBusters
Posted by: Michele Bachmann at 2:56 PM
Energy has clearly been the focus of this blog for the past several weeks, and with gas prices where they are, for good reason. People want to know what America has for energy resources and how we can access them to lower the cost of gas.

Recently, I did my best to debunk the sham "Use it or Lose it" legislation that failed in Congress with a bi-partisan majority.

I'd like to once again set the record straight about some claims that have been cited in a few recent newspaper articles. More specifically, claims made by Philip Budzik of the Energy Information Administration (EIA) that can mislead many readers against the benefits of drilling in ANWR and the Outer Continental Shelf (OCS), and of accessing our enormous oil shale supplies to help lower the cost of gas.

For instance, here's an exert from Sunday's Star Tribune:

"Bachmann was expected to visit ANWR today to underscore her desire to drill there. But opening the refuge to drilling 'is not projected to have a large impact on world oil prices' or the price of gasoline, said [Philip] Budzik of the Energy Information Administration (EIA). Tapping the refuge could cut the cost of a barrel of oil by perhaps 2 percent and shave 1 cent to 3 cents off the pump price of a gallon of gas, he said. As for the Outer Continental Shelf, the EIA said it 'would not have a significant impact" on oil prices before 2030.'


Here's what false assumptions Budzik makes in order to justify saying this:

Assumption #1: Current bans that have prevented American consumers from accessing American energy will remain in place until at least 2012 (exactly what Republicans are working to reverse – right now, not 4 years from now): “Leasing would begin no sooner than 2012, and production would not be expected to start before 2017.”

Assumption #2:  Once we finally get to the OCS, we’ll only be able to find a fraction of the oil and gas that the Minerals Management Service (MMS) – like EIA, also an agency of the Dept. of Energy – believes is out there.


  • What Budzik says: “With these assumptions, technically recoverable undiscovered resources in the lower 48 OCS increase to 59 billion barrels of oil and 288 trillion cubic feet of natural gas."

  • What MMS says: “The mean estimate for undiscovered technically recoverable resources (along our nation’s Outer Continental Shelf) totals 85.9 billion barrels of oil and 419.9 trillion cubic feet of natural gas.” (http://www.mms.gov/PDFs/2005EPAct/InventoryRTC.pdf)                            


Budzik should be distributing accurate energy information, not just using whatever numbers he feels.

Here's what actual economists have to say about the positive impact an increase in energy supplies will have on the cost of gasoline. This is from last week’s Financial Services Committee hearing:

Rep. Brad Sherman (D-CA): Is there any way to give a numerical answer? Would half a million barrels [of oil] a day affect the price, a quarter million?

Fed. Reserve Chairman Ben Bernanke: The short-term elasticity is … that a 1 percent increase in supply could lower prices by 10 percent.

Here are the facts:



We have the resources to bring down the cost of gasoline. Those are the facts.







Wednesday, July 23, 2008
Re: Oh No
Posted by: Matt Lewis at 2:53 PM
Following up on the Novak story, it seems the bicyclist who informed Novak he hit a pedestrian doesn't buy the story that he didn't know he hit him...

"As he traveled east on K Street, crossing 18th, Bono said a 'black Corvette convertible with top closed plowed into the guy. The guy is sort of splayed onto the windshield'."
Here's the local news video:







Wednesday, July 23, 2008
Oh, That's Why
Posted by: Amanda Carpenter at 2:49 PM
McCain may be traveling to Louisiana to hold an event on an offshore oil rig to talk about drilling---not to announce Bobby Jindal will be his VP pick.

Love this. He's messing with the media about VP's and pushing offshore. Nice one!

Update: The offshore event has been cancelled because of Hurricane Dolly. Booo!!





Wednesday, July 23, 2008
Steve Schmidt's Nose Bleeds When Angry?
Posted by: Matt Lewis at 2:24 PM
Today's WSJ has a good profile on McCain aide Steve Schmidt.  Here's the part I found most interesting:

"Those who have worked with him before say the McCain campaign should steel itself. 'The nostrils would flare, he would get very red-faced and angry, and you would just want to quit,' Kevin Madden, a Bush war-room colleague, says. He also says he always learned something from Mr. Schmidt: “It was the learning part that would always make you forget the part where you basically wanted to crash a chair over his head.”

Mr. Schmidt’s intense approach matches the man. Two colleagues say that when Mr. Schmidt gets really angry, his nose bleeds, though Mr. Schmidt denies it. Sometimes he stares at a questioner for several moments while forming a response. Then words stream out of his mouth at a steady clip, in a distinct New Jersey accent."






Wednesday, July 23, 2008
Coburn and DeMint
Posted by: Amanda Carpenter at 1:56 PM
Lately I've been so focused on magazine and election work I've neglected to post articles that show how awesome Sen. Tom Coburn and Sen. Jim DeMint are.

So HERE.





Wednesday, July 23, 2008
Irony Alert: Feminists Denounce McCain
Posted by: Carol Platt Liebau at 12:43 PM
To me, it's almost laughable that feminist caterwauling about John McCain is being paid attention to by anyone.   Much is being made of a joke McCain reportedly made in 1986 involving rape (he says he doesn't recall doing so), as proof that he is irretrievably anti-woman.

This doesn't pass the straight face test.  The feminists and lefties are shocked, shocked! by a 22-year-old joke, while meanwhile they've defended and glorified a president who exploited a young female intern and was credibly accused of rape?  In what moral universe is an alleged joke worse than an alleged act?

Please.  Come back when you're serious.




Wednesday, July 23, 2008
Name That Lawyer
Posted by: Townhall.com Staff at 12:05 PM
A Harvard Law School degree is impressive, but holds little weight if a lawyer only makes ten court appearances in his entire career. Perhaps this lawyer landed his law firm position because he was once editor of the Harvard Law Review. Though in charge, he never wrote an article himself--a rare move amongst other Ivy League all-stars past and present.

Said lawyer is Sen. Barack Obama. The forthcoming August issue of Townhall Magazine reveals how little Obama actually accomplished during his time as a "do-nothing lawyer" and how he surreptitiously hides behind his credentials. The article's focus is Obama’s shady history in Chicago politics, connections to several criminals and hypocritical financial behavior. In this four-page feature, Townhall investigates Obama’s overlooked mistakes and dirty political scandals. Readers will learn more about Obama’s undocumented past in this article than they will in most publications.

To ensure you don't miss any of the otherwise underreported coverage critical this election season, subscribe to Townhall today by visiting http://magazine.townhall.com.




Wednesday, July 23, 2008
A WaPo Reality Check
Posted by: Carol Platt Liebau at 11:59 AM
From a Washington Post staff editorial today:

The initial media coverage of Barack Obama's visit to Iraq suggested that the Democratic candidate found agreement with his plan to withdraw all U.S. combat forces on a 16-month timetable. So it seems worthwhile to point out that, by Mr. Obama's own account, neither U.S. commanders nor Iraq's principal political leaders actually support his strategy.

Yes, that does "seem worthwhile," doesn't it?  Too bad the WaPo is a lonely voice of reality amid the glorious Obamessiah chorus of praise.

Read the whole thing.





Wednesday, July 23, 2008
The Top 10
Posted by: John Campbell at 11:57 AM
A few days ago, the IRS has released data showing the percentage of income taxes paid by Americans.  Courtesy of the National Taxpayers Union, the table below shows, the top 10% of filers paid nearly 71% of all income taxes paid. The share paid by the bottom 50% drops from 3.07% in 2005 to 2.99% in 2006. You can see previous years here. You can also see "who doesn't pay taxes" here.

For Tax Year 2006

Percentiles Ranked by AGI

AGI Threshold on Percentiles

Percentage of Federal Personal Income Tax Paid

Top 1%

$388,806

39.89

Top 5%

$153,542

60.14

Top 10%

$108,904

70.79

Top 25%

$64,702

86.27

Top 50%

$31,987

97.01

Bottom 50%

<$31,987

2.99

Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service

 





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Posted by: Michele Bachmann
7/23/2008

The Top 10

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7/23/2008

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