Posted by Warren Peterson on June 30, 2012
College is expensive but everyone deserves the opportunity to go to college, right? Total student loan debt in over $1,000,000,000,000, a number now greater than total credit card debt but it’s worth it, right? It must be right otherwise Congress would not have recently extended the Federal student loan rate reductions by large bi-partisan votes, right?
Before you say “Right, right and right” read “Federal Student Aid and the Law of Unintended Consequences” by Professor Richard Vedder in the May/June 2012 issue of “Imprimis” published by Hillsdale College.
To find the article: Click HERE
The student loans are not the only government program where the unintended consequences are ignored and political courage is absent. No surprise, a government "entitlement" spawns its own constituency that politicians can challenge or even reform only at the risk of losing the next election.
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Posted by Warren Peterson on June 23, 2012
After the 2008 presidential election, I posted “Obama Hope” on my blog which included the following:
“Hopefully, it (Obama’s election) will end or at least begin to end the Jesse Jackson/Al Sharpton led race based victim hood business and truly fulfill Rev. Martin Luther King’s dream that people will be judged on the ‘content of their character’ rather than the color of their skin.”
Sadly, President Obama cast aside this golden opportunity to transcend racial divides. The first example is the famous White House Beer Garden summit after he jumped to the defense of a black Harvard professor in an altercation with Cambridge police. Chalk that experience up to inexperience. More recently, he joined the chorus against what the New York Times called the “white- Hispanic”, George Zimmerman, in the Trayvon Martin killing. Should Obama have commented on the case, sure, it was a national issue. But when he personalized it to himself, he effectively took sides well before Zimmerman was even charged with a crime.
Okay, two misstatements in three years, give him another pass but recently the President’s campaign has taken a largely race based strategy. His support from white voters is too low to win reelection so he has turned to building a strong election turn out coalition of minority voters. To secure the Black vote, every criticism of Obama is called racist. Homosexuals are courted by the end of the Clinton “Don’t ask, don’t tell” policy and a flip flop on support for same sex marriage. There may not be many votes in this community but on the Left it does attract Hollywood campaign money. He hopes to co-opt the Hispanic vote with his “no deportation give’em/work permits” for children of some illegal immigrates. Icing on this cake is blaming Republicans for failure to pass comprehensive immigration legislation. This is in spite of solid Democrat control through 2010; enough control to ram through ObamaCare. Truth be known, Democrats would rather have the issue than the solution.
No appeal to American values and interests that cover all citizens but rather a crass effort to divide, create hate and discontent and avoid debating the state of the economy. On race at least, Obama could have been the statesman for hope and change. Unfortunately, he wants reelection so badly he’s willing to highlight that which divides. The President turns out to be no statesman but just another Chicago pol.
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Posted by Warren Peterson on June 6, 2012
Vice-President Joe “Oh my, what am I sayin'” Biden gave this years commencement address at the United States Military Academy – West Point. It is not unusual for speeches at our nation’s military academies to contain praise for a president’s policies and this was no exception. Joe listed several changes made since “President Obama and I came to office.” He ended the war in Iraq and announced the same for Afghanistan was one example. The rest of the speech was filled with platitudes, anecdotes and well deserved praise for America’s military. There was only one instance where the old Joe Biden, prone as he is to placing his foot in his mouth, reverted to form. Apparently he forgot he was speaking to an Army crowd. Delivering praise to “some of America’s most gifted security professionals” tracking down Osama bin Laden, he added, “And in one of the most incredibly daring raids,(which he opposed by the way) they delivered justice to the architect of a harmful ideology … They got him.” He didn’t say they were U.S. Navy Seals but you can bet 99% of the West Point audience heard, “Go Navy!”
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Posted by Warren Peterson on June 1, 2012
Sometime in each president’s term, at least more recent ones, the sitting President hosts the former President and First lady at a ceremony to unveil their official portraits. Love President George W. Bush or hate him, love President Barack H. Obama or hate him, maybe neither emotion applies, but watch today’s ceremony. It symbolizes what makes America great.
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