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	<title>No Runny Eggs &#187; Politics &#8211; National</title>
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	<link>http://norunnyeggs.com</link>
	<description>The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger).  The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.</description>
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		<title>Crush your enemies, EPA edition</title>
		<link>http://norunnyeggs.com/2012/04/crush-your-enemies-epa-edition/</link>
		<comments>http://norunnyeggs.com/2012/04/crush-your-enemies-epa-edition/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 00:01:04 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Envirowhackos]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11570</guid>
		<description><![CDATA[(H/T &#8211; Sean Hackbarth at the US Chamber of Commerce) EPA Region VI Administrator Al Armendariz was made &#8220;famous&#8221; today when a quote from his appearance at the May 10, 2010 Dish, TX town meeting was brought up by Sen. Jim Inhofe (R-OK) on the Senate floor today. The money quote: I was in a [...]]]></description>
			<content:encoded><![CDATA[<p>(H/T &#8211; <a href="http://www.freeenterprise.com/energy-environment/epa-crucifies-oil-and-gas-companies">Sean Hackbarth at the US Chamber of Commerce</a>)</p>
<p><a href="http://blog.heritage.org/2012/04/25/video-epa-official-compares-agency-enforcement-to-roman-crucifictions/">EPA Region VI Administrator Al Armendariz was made &#8220;famous&#8221; today</a> when a quote from his appearance at the May 10, 2010 Dish, TX town meeting was brought up by <a href="http://epw.senate.gov/public/index.cfm?FuseAction=Minority.Blogs&#038;ContentRecord_id=e96c8bac-802a-23ad-4aaa-b2100b330def">Sen. Jim Inhofe (R-OK) on the Senate floor today</a>.  The money quote:</p>
<blockquote><p>I was in a meeting once and I gave an analogy to my staff about my philosophy of enforcement.  &#8220;It&#8217;s kind of like how the Romans used to conquer little villages in the Mediterranean: they’d go into little Turkish towns somewhere, they’d find the first five guys they’d run into, and they’d crucify them and then, you know, that town was really easy to manage over the next few years.</p></blockquote>
<p>Do remember that the Romans didn&#8217;t give a damn whether the first 5 guys they ran into were part of that city&#8217;s military, political structure, or civilian population.  They killed them using the most publicly-brutal method they had.</p>
<p>Sen. Inhofe tied that into the EPA&#8217;s war on fracking, specifically fracking on private lands they otherwise could not lock up and ban drilling upon:</p>
<blockquote><p>Not long after Administrator Armendariz made these comments in 2010, EPA targeted US natural gas producers in Pennsylvania, Texas and Wyoming.  In all three of these cases, EPA initially made headline-grabbing statements either insinuating or proclaiming outright that the use of hydraulic fracturing by American energy producers was the cause of water contamination, but in each case their comments were premature at best &#8211; and despite their most valiant efforts, they have been unable to find any sound scientific evidence to make this link.</p></blockquote>
<p>It&#8217;s as good an excuse as any to play the full &#8220;best in life&#8221; scene from &#8220;Conan the Barbarian&#8221;, in which the environmentally-friendly answer was rejected in favor of the pure power grab and abuse:</p>
<p><iframe width="560" height="315" src="http://www.youtube.com/embed/6PQ6335puOc" frameborder="0" allowfullscreen></iframe></p>
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		<title>Going with Santorum</title>
		<link>http://norunnyeggs.com/2012/04/going-with-santorum/</link>
		<comments>http://norunnyeggs.com/2012/04/going-with-santorum/#comments</comments>
		<pubDate>Mon, 02 Apr 2012 16:30:01 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11539</guid>
		<description><![CDATA[The first of a whole host of partisan elections is happening tomorrow, with the Republican Presidential primary. For the first time in my adult lifetime, it has at least the appearance of mattering, even though the word from both the national and local commentariat is that the only meaning should be to endorse the decades-long [...]]]></description>
			<content:encoded><![CDATA[<p>The first of a whole host of partisan elections is happening tomorrow, with the Republican Presidential primary.  For the first time in my adult lifetime, it has at least the appearance of mattering, even though the word from both the national and local commentariat is that the only meaning should be to endorse the decades-long Next-In-Line™ concept.  Indeed, Sen. Ron Johnson endorsed Mitt Romney yesterday, which is a bigger &#8220;get&#8221; for Romney than Rep. Paul Ryan&#8217;s endorsement on Friday.</p>
<p>While I have always acknowledged that Romney won the 2012 nomination back on SuperDuperTuesday 2008, and indeed all of the recent polls have Romney comfortably up in the primary, I&#8217;m not a slave to the inevitable, especially when it has not yet become official.  Let&#8217;s ask President John McCain how securing the 2008 Republican nomination months before Barack Obama finally won the Thunderdome of a Democrat nomination process worked out&#8230;oops, I guess we have to ask Sen. John McCain that because he lost in fall.</p>
<p>Some people I respect, such as Charlie Sykes, have said that Romney is &#8220;good enough&#8221;.  If we were guaranteed not only a Republican Congress, but a conservative one, I would agree because Romney would almost certainly sign what comes out of a conservative Republican Congress.  However, I look at the other possibilities (and frankly, the ones that are more likely than one that results in a conservative Republican as Senate majority leader), and find the prospect of a Romney Presidency versus one of much the rest of the Presidential field a bit lacking.  Given the two most-likely scenarios of, in order, Harry Reid effectively controlling the Senate while Mitch McConnell takes all the heat as the titular &#8220;majority&#8221; &#8220;leader&#8221;, and Reid remaining Majority Leader, Romney&#8217;s propensity to sign anything that came out of the Massachusetts Legislature, especially PlaceboCare and a more-expansive-than-the-state-courts-required subsidy for abortion, is problematic.</p>
<p>On a related note, there will likely be at least two members of the Supreme Court, and countless other federal judges, that will need to be nominated in the next Presidential term.  Romney&#8217;s record in Massachusetts was quite poor on that, and the defense that he had to rely on a third-party commission for names is less than satisfying.</p>
<p>That brings me to the Not-Mitts.  Ron Paul&#8217;s economic platform, outside the siren call of gold, actually is pretty good.  Unfortunately, the office for which he and the others are running is not Treasury Secretary, so his historically-naive take on foreign policy becomes a disqualifying stumbling block.</p>
<p>Newt Gingrich does have an impressive record and a bulldog political ethic.  The bad news is his conservative core is not exactly dominant, as appearances on a couch with Nancy Pelosi touting global warming and his rant against Ryan&#8217;s budget as &#8220;right-wing social engineering&#8221; last year demonstrate.  The biggest problem Gingrich has is, outside of Georgia and South Carolina, his sometimes-abrasive (yes, it&#8217;s only abrasive sometimes) personality put him consistently third or worse.  Since it is as late as it is in the primary season, I do have to take that into account.</p>
<p>That brings me to Rick Santorum.  I would be lying if I said he was perfect, or even particularly good.  His vote for Medicare Part D and No Child Left Behind are at a minimum troubling.  His support for Arlen Specter over Pat Toomey in 2004, while a payment of personal debt, would in the face of better competition be a knockout blow.  His voting record on judicial nominations is not quite 100% judicial conservatives.  However, his instincts are conservative, though more on the social side than on the fiscal or governmental side.  That is more than I can say for Romney.</p>
<p>Did I mention that Santorum got former Sen. Russ Feingold (off-topic; I&#8217;ll never get tired of including the &#8220;former&#8221;) so flustered over what happens if a partial-birth abortion attempt turns into a live birth that Feingold had to go back and alter the record?  That was priceless.</p>
<p>Yes, we will have to mold either Romney or Santorum to be a truly broad-based conservative.  However, it is easier when part of the poltiical personality already fits the mold.  That person is Rick Santorum.</p>
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		<title>Meme, Meme, Meeeeeme!</title>
		<link>http://norunnyeggs.com/2012/04/meme-meme-meeeeeme/</link>
		<comments>http://norunnyeggs.com/2012/04/meme-meme-meeeeeme/#comments</comments>
		<pubDate>Mon, 02 Apr 2012 01:33:11 +0000</pubDate>
		<dc:creator>Shoebox</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>
		<category><![CDATA[Health Care Reform]]></category>
		<category><![CDATA[Lawgivers-In-Black]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11532</guid>
		<description><![CDATA[It somehow seemed fitting that as it reached it&#8217;s &#8220;terrible twos,&#8221; Placebocare reached the Supreme Court. After three days of arguments, whether Placebocare, in whole or part, gets to see it&#8217;s &#8220;terrific threes&#8221; is now left to nine people who regularly wear black robes to the work place. I&#8217;m not an attorney, nor do I [...]]]></description>
			<content:encoded><![CDATA[<p>It somehow seemed fitting that as it reached it&#8217;s &#8220;terrible twos,&#8221; Placebocare reached the Supreme Court. After three days of arguments, whether Placebocare, in whole or part, gets to see it&#8217;s &#8220;terrific threes&#8221; is now left to nine people who regularly wear black robes to the work place.</p>
<p>I&#8217;m not an attorney, nor do I play one on TV. However, it seems that the preponderance of opinion on both the Left and Right is that the Administration did a horrible job of making its case. Many, again on both sides, believe the individual mandate is in serious trouble. Beyond that, there is growing concern that whether the Justices believe the mandate to be severable or not may be moot. The whole of Placebocare could go down not over a severability argument but because the law is so complex and so intertwined on so many levels that the Justices may well feel that it is not within their ability to judge what stays or goes and instead give Congress a &#8220;do over&#8221; on the whole law.</p>
<p>Typically in a Supreme Court case, once the case is argued there may be a few days of public speculation as to the outcome if the case was unique or particularly important, like the <a href="http://en.wikipedia.org/wiki/Kelo_v._City_of_New_London">Kelo decision</a>. I don&#8217;t think that pattern will hold with Placebocare.</p>
<p>In a sign that the Left is both worried and is positioning for fall elections, we are seeing and will continue to see articles like <a href="http://www.slate.com/articles/news_and_politics/politics/2012/03/supreme_court_and_obamacare_will_the_court_s_conservatives_strike_down_the_affordable_care_act_.html?wpisrc=twitter_socialflow">this one from Slate</a>.</p>
<p>Let&#8217;s skip past the &#8220;if you believe Placebocare is unconstitutional you must be a redneck from Kentucky&#8221; comment like:</p>
<blockquote><p>The smart money before the argument was on an 8-1 upholding of Obamacare.</p></blockquote>
<p>and head straight for what we will hear from now until the day the Supreme&#8217;s announce their decision&#8230;and if the Left loses, what we will hear as Obama&#8217;s campaign standard:</p>
<blockquote><p>If it overturns Obamacare, the Supreme Court will have revealed its radical nature.</p></blockquote>
<p>You see to the Left, the Supreme Court is only &#8220;Supreme&#8221; when it agrees with their agenda. When it doesn&#8217;t agree, it is there to be politicized like a group of nine &#8220;Joe the Plumbers.&#8221; President Obama showed us clearly how this works with his 2010 State of the Union Speech. During the speech, in reference to the Citizens United v. Federal Election Commission decision, President Obama openly criticized the Supremes. He claimed that they &#8220;reversed a century of law.&#8221; It was President Obama&#8217;s way of saying &#8220;they&#8217;re radical.&#8221;</p>
<p>Between now and the end of June when the Supreme Court is expected to release it&#8217;s decision, the MSM and other left media outlets will be attempting to taunt the Supreme Court to see things their way. Taunts like &#8220;radical,&#8221; &#8220;legitimacy&#8221; and &#8220;ideologues&#8221; will be included in numerous recounts of the arguments and the possible ramifications of the outcome. If the decision goes against the Administration, you can bank on Obama using these same taunts in an effort to galvanize his slipping support in an effort to make the Supreme Court the reason for his reelection. In fact, if, as I suspect, Sotomayer leaks the decision to the Administration, you can expect to see Obama cranking this rhetoric as a preemptive strike on what will be a harmful decision.</p>
<p>It&#8217;s going to be a long spring folks. Politics will not be leaving stage front and center for another several months, maybe a year. In the meantime, expect to hear a lot of taunting of the Supreme Court. Like the kids of our youth I can already hear the left yelling, &#8220;Meme, Meme, Meeeeeme!&#8221;</p>
<p><em>Update 4/2 10:38 AM  didn&#8217;t know <a href="http://www.facebook.com/notes/congressman-allen-west/already-the-disciples-of-saul-alinsky-are-preparing-their-onslaught-against-the-/326480657404968">Allen West was a reader of NRE</a>.  Welcome aboard Allen!</em></p>
<p><em>update 2 4/2 3:01 PM  No I&#8217;m not clairvoyant I just understand how the Left &#8220;thinks.&#8221;  Expect to see a <a href="http://weaselzippers.us/2012/04/02/obama-launches-pre-emptive-strike-on-supreme-court-says-they-will-be-guilty-of-judicial-activism-if-they-strike-down-obamacare/">lot more of this in the coming weeks</a>.  In fact, the more you see of it the better as it will be a confirmation that Placebocare will be struck down</em></p>
<p><em>Update 3: 4/2 3:55 PM  Oh, my gosh, <a href="http://patdollard.com/2012/04/obama-slams-supreme-court-calls-them-unelected-group-of-people-with-video/?utm_source=twitterfeed&#038;utm_medium=twitter">my sides hurt I&#8217;m laughing so hard</a>!  I&#8217;m almost ready to declare Placebocare is going down in total&#8230;almost but not yet!</em></p>
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		<title>Marquette Law School poll on WI – Romney up by 8, Walker up between 2 and 4 on major recall rivals</title>
		<link>http://norunnyeggs.com/2012/03/marquette-law-school-poll-on-wi-romney-up-by-8-walker-up-between-2-and-4-on-major-recall-rivals/</link>
		<comments>http://norunnyeggs.com/2012/03/marquette-law-school-poll-on-wi-romney-up-by-8-walker-up-between-2-and-4-on-major-recall-rivals/#comments</comments>
		<pubDate>Tue, 27 Mar 2012 20:32:16 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>
		<category><![CDATA[Politics - Wisconsin]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11522</guid>
		<description><![CDATA[Last week, Rasmussen released a poll that had Mitt Romney up by 13 points on Rick Santorum, 46%-33%, a full reversal of the prior month&#8217;s polls from both Public Policy Polling and Marquette Law School. Today, the Marquette Law School followed suit with a poll taken of 707 registered voters between March 22 and March [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://hotair.com/archives/2012/03/23/rasmussen-shows-romney-with-big-lead-in-wisconsin/" target="_blank">Last week, Rasmussen released</a> a poll that had Mitt Romney up by 13 points on Rick Santorum, 46%-33%, a full reversal of the prior month&#8217;s polls from both Public Policy Polling and Marquette Law School.  Today, <a href="https://law.marquette.edu/poll/2012/03/27/marquette-law-school-poll-shows-romney-leading-santorum-in-gop-primary-walker-slightly-ahead-in-close-recall-race/" target="_blank">the Marquette Law School followed suit</a> with a poll taken of 707 registered voters between March 22 and March 25 having Romney up on Santorum 39%-31%.  Ron Paul was third with 11% and Newt Gingrich brought up the rear with 6%.</p>
<p>On the ideological side, among the 385 who said they planned on voting in the Republican primary, Romney received a plurality among those who described themselves as &#8220;very conservative&#8221; (43%-31%), &#8220;conservative&#8221; (41%-34%) and &#8220;moderate&#8221; (42%-27%).  While Santorum did have a lead among &#8220;liberals&#8221;, it has to be noted that it was by a 8-7 margin and thus not statistically reliable.</p>
<p>On the political side, I first feel compelled to note that Wisconsin is a wide-open primary state where only the voter knows in which primary he or she votes.  With that said, it does not really matter that those who self-identify as Republicans or as leaning toward Republicans were only 64% of those who say they will vote in the Republican primary, while 26% self-identified as Democrats or as leaning toward Democrats.  Romney led all three of the major categories:  42%-33% among Republicans, 34%-29% among Democrats, and 37%-17% among &#8220;independents&#8221;.</p>
<p>Despite the fact that Wisconsin is a winner-take-all state, the majority of the 42 delegates, 24 in all, are awarded 3 at a time to the winner of each of the 8 Congressional districts.  Unlike Rasmussen, the Marquette Law School poll did break down the results by media market, making a rough estimation of this possible.  Romney carried the city of Milwaukee (which is essentially the 4th Congressional district), the rest of the Milwaukee media market (the heart of the 1st and 5th Congressional districts, and a significant part of the 6th) and the Madison media market (which dominates the 2nd Congressional district, and also reaches into small parts of the 1st, 5th and 6th) by double-digits, strongly suggesting he would get the 3 delegates from each of the 1st, 2nd, 3rd, 4th, 5th and 6th Congressional districts.  However, his lead in the Green Bay/Appleton market (the heart of the 8th Congressional district, and the other significant part of the 6th) was razor-thin at 38%-37%.  Santorum led in the other media markets 31%-25%, which would suggest he would get the 3 delegates from the 7th Congressional district.</p>
<p>The Marquette Law School also polled the Presidential general election matchups, with a partisan split of 48% D/42% R with leaners, and 36% D/27% R without.  This was, once again, a rather high Democrat split, and the Presidential results reflected that.  Barack Obama beat Romney 48%-43%, and got a majority against the other candidates.  Worse, the limited &#8220;likely voter&#8221; approximation, a sum of those who say they were &#8220;absolutely certain&#8221; to vote in November and those who were &#8220;very likely&#8221; to vote in November, was even more friendly to the Democrats on the strength of the &#8220;with-leaners&#8221; 49%-42% advantage Dems had on those &#8220;absolutely certain&#8221; to vote in November.</p>
<p><b>The gubernatorial recall</b></p>
<p>There are currently three announced Democrat candidates in the recall against Governor Scott Walker &#8211; former Dane County Executive Kathleen Falk, state Senator Kathleen Vinehout and Secretary of State Doug La Follette, for the expected primary to be held on May 8 (assuming at least two of them file a sufficient number of nomination signatures between the end of this week and April 10; if not, then that day becomes the recall general election).  In addition, Milwaukee mayor Tom Barrett has been widely rumored to be interested in trying to get revenge for his 2010 loss to Walker.</p>
<p>Much like the Republican Presidential primary, there is no real lock on the process by the Democrats.  Only 65% of those who planned on voting in the gubernatorial primary were self-identified Democrat/Democrat leaners, while 25% were self-identified Republicans/Republican leaners.  Unlike the Republican Presidential primary, however, this matters somewhat as Barrett beat Falk in a 4-way race 42%-30% among Democrats and 37%-28% among &#8220;independents&#8221;, but lost to her 27%-16% among Republicans.  Overall, Barrett beat Falk 37%-29%.</p>
<p>If, however, Barrett doesn&#8217;t run, Falk would clean up, as she received 54% in the three-way race question.</p>
<p>In the general election against Walker, slated for June 5 (unless there is no primary), not even the aforementioned heavy partisan split favoring the Democrats helped them in this poll.  Walker beat Barrett 47%-45%, Falk 49%-45%, La Follette 49%-42% and Vinehout 49%-41%.  Of note, Walker has both a better job-approval rating than Obama (50%-47% versus 48%-47%) and a positive personal favorability rating (50%-45%, a flip from last month&#8217;s widely-touted-by-the-media 46%-48%).</p>
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		<title>Ask Egg &#8211; The SCOAMFs edition</title>
		<link>http://norunnyeggs.com/2012/03/ask-egg-the-scoamfs-edition/</link>
		<comments>http://norunnyeggs.com/2012/03/ask-egg-the-scoamfs-edition/#comments</comments>
		<pubDate>Fri, 23 Mar 2012 14:45:09 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>
		<category><![CDATA[Ask Egg]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11510</guid>
		<description><![CDATA[It&#8217;s Allergy Season here in the land of cheese and beer, and all the Presidential candidates that have won at least one state have stepped in it the past 7 days. Guess that means it&#8217;s time to take some Claritin D, go to the mailbag, and belatedly offer some snarktastic advice to them (and the [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s Allergy Season here in the land of cheese and beer, and all the Presidential candidates that have won at least one state have stepped in it the past 7 days.  Guess that means it&#8217;s time to take some Claritin D, go to the mailbag, and belatedly offer some snarktastic advice to them (and the perpetual loser):</p>
<blockquote><p>Dear Egg,</p>
<p>The Ides of March weren&#8217;t too kind to me.  Despite my campaign promise to halve the deficit in my first term, I added more debt than my predecesor did, and he had almost 5 more years than me.  Gas prices are going up too fast for my re-election chances.  I know you don&#8217;t support me, but my staff said you&#8217;re a straight shooter.  Help!</p>
<p>-The Original SCOAMF</p></blockquote>
<p>Dear OS,</p>
<p>Your staff is right; I am a straight shooter.  I also don&#8217;t mince words, so you probably won&#8217;t like them.  Step one is STOP SPENDING LIKE A DRUNKEN LAW SCHOOL STUDENT!  Since you missed Economics, allow me to clue you in on a little secret &#8211; if you crush those who have the money, they won&#8217;t spend any money, which means you don&#8217;t get any of your cut of that money even if your cut is a high percentage.</p>
<p>Step two is to drill, baby drill.  Let&#8217;s put your little pet theory that it won&#8217;t help to the ultimate test, and to do that, you really ought to fire that Energy Secretary who thinks high gas prices are hunky-dory.  That also means the oil has to get from where it is in the ground to the refineries, and then the products have to get to market, not just from a temporary storage facility.</p>
<p>Step three is to plan for early retirement.  I mean, your predecessor really helped you out by pre-socializing the economy.  The least you could do is pre-capitialize it for your successor.</p>
<p>Oh yeah, don&#8217;t celebrate the news by setting a personal record for fundraisers attended.  Oops, you already did.</p>
<p>-Egg</p>
<blockquote><p>Dear Egg,</p>
<p>My book tou&#8230;er, campaign has been burning through cash at an incredible rate.  In fact, at the end of last month, I&#8217;ve run up more debt than I have cash on hand.  I can&#8217;t seem to get past second place in the South, and I&#8217;m struggling to get third place elsewhere in the country.  What can I do to stop that front-runner?</p>
<p>-Georgian SCOAMF</p></blockquote>
<p>Dear GS,</p>
<p>It sure looks like you&#8217;re up the creek without a paddle.  Like it or not, the people just don&#8217;t like you, and they&#8217;re voting with both their pocketbooks and with their votes.  I just don&#8217;t see you pulling off a Louisiana Surprise, and the lengthy pause between them and the next set of contests (which includes my humble state) would be the opportune time to drop out.  However, do not, repeat, DO NOT release your delegates.</p>
<p>Oh yeah, you never really recovered from attacking Paul Ryan&#8217;s budget from the left last year, or from your couch session with Pelosi.  Bad decisions do have consequences.</p>
<p>-Egg</p>
<blockquote><p>Dear Egg,</p>
<p>I keep on winning, mostly in states I don&#8217;t have a prayer of carrying in November, and not by nearly enough to knock out my competition.  In fact, in states where actual Republicans make up the larger part of the electorate, I tend to get my clock cleaned.  Worse, every time I get a &#8220;big win&#8221;, something seems to come out of my campaign the next day that sets me back.  How can I connect with the base?</p>
<p>-Massachusetts SCOAMF</p></blockquote>
<p>Dear MS,</p>
<p>You could start by actually wholeheartedly adopting conservative positions.  Don&#8217;t say on one breath you&#8217;ll wipe out PlaceboCare National and then in the next defend to the death PlaceboCare Mass, especially since that program is an unmitigated disaster.</p>
<p>The next thing you should do is not let your campaign advisers speak, especially when they serve to confirm every conservative&#8217;s fear on your apparent lack of a conservative core.  Oops, that happened, but it&#8217;s something to keep in mind for the future.</p>
<p>You could at least dump the economic adviser of yours who wants $6/gallon gas with an additoinal $2/gallon going into the federal coffers when you call for Obama to dump his high-gas-price-loving advisers.</p>
<p>One more thing; just because you barely avoided having the tortoise Huckabee pass your maximum number of delegates in 2008 after you dropped out following SuperDuper Tuesday and thus kept your position as Next-In-Line™, don&#8217;t tell your competition to clear the decks for you because the situation for them is much the same as it was for you the last time around.</p>
<p>-Egg</p>
<blockquote><p>Dear Egg,</p>
<p>Even though I just started winning states, I&#8217;m not getting a lot of delegates out of them.  I&#8217;m the last NotRomney standing; I should be getting more delegates.  WTF?</p>
<p>-Pennsylvania SCOAMF</p></blockquote>
<p>Dear PS,</p>
<p>Patience, padawan.  Next-In-Line­™ is very hard to overcome, but the scores will start changing real quick with Double Jeopard&#8230;er, winner-take-all states.  If your Southern competition is smart, he will clear the deck after Louisiana to effectively make it a two-man race.</p>
<p>Just don&#8217;t say that it would be better for Teh Original SCOAMF to win if it&#8217;s between him and your Northeatern competition.  Otherwise, the Next-In-Line™ Streak will be broken four years after you intended, and you&#8217;ll be the victim.</p>
<p>Dammit, I&#8217;m too late with that advice again.  My bad.  You need to walk it back pronto to salvage what you can.</p>
<p>-Egg</p>
<blockquote><p>Dear Egg,</p>
<p>Even though I&#8217;ve got a bunch of whiny, noisy anarchists crashing caucuses, I don&#8217;t have anything else going for me.  I can&#8217;t climb above 3rd place in any primary state, but I really want a say.  Help!</p>
<p>-Texas SCOAMF</p></blockquote>
<p>Dear TS,</p>
<p>I&#8217;m afraid I have nothing but bad news reality checks for you.  Reality check number one &#8211; the American people realize that isolationism doesn&#8217;t work.  I know it&#8217;s a bit before your lifetime, and thus ancient history, but our neutrality in WWI didn&#8217;t stop Germany from trying to induce Mexico to take your state back.</p>
<p>Reality check number two &#8211; That front-runner won&#8217;t take your son as his VP nominee.  Much of his camp blames McCain&#8217;s loss on his &#8220;pander&#8221; to the conservatives in his VP nomination choice.</p>
<p>I&#8217;m afraid you chose poorly on which office to run for this time around.</p>
<p>-Egg</p>
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		<title>It&#8217;s a new debt record!</title>
		<link>http://norunnyeggs.com/2012/03/its-a-new-debt-record/</link>
		<comments>http://norunnyeggs.com/2012/03/its-a-new-debt-record/#comments</comments>
		<pubDate>Sat, 17 Mar 2012 01:46:08 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Budget Chop]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11499</guid>
		<description><![CDATA[Way back in August, Jim Geraghty predicted that the day total public debt added by President Barack Obama would equal the total public debt added by President George W. Bush would be the Ides of March 2012: When the debt increases another $877,587,378,565.23 ($877.58 billion), the debt accumulated under Obama’s presidency will equal the debt [...]]]></description>
			<content:encoded><![CDATA[<p>Way back in August, <a href="http://www.nationalreview.com/campaign-spot/275549/when-will-obama-outspend-bushs-two-terms-beware-ides-march" target="_blank">Jim Geraghty predicted</a> that the day total public debt added by President Barack Obama would equal the total public debt added by President George W. Bush would be the Ides of March 2012:</p>
<blockquote><p>When the debt increases another $877,587,378,565.23 ($877.58 billion), the debt accumulated under Obama’s presidency will equal the debt accumulated under Bush’s two terms.</p>
<p>Obviously, this can change, but barring some sudden shift in the federal government’s borrowing and spending habits, this milestone will be reached in 206 days from August 23, 2011. That would be March 15, 2012.</p>
<p><i>Beware the Ides of March.</i></p></blockquote>
<p>Guess what?  <a href="http://treasurydirect.gov/NP/BPDLogin?application=np" target="_blank">He nailed it</a>.  The Treasury Department&#8217;s Debt to the Penny web app lists the debt as of the Ides of March as:</p>
<ul>
<li><b>Debt Held by the Public:</b>  $10,114,556,380.32</li>
<li><b>Intragovernmental Holdings:</b> $4,744,695,335,387.67</li>
<li><b>Total Public Debt Outstanding:</b> $15,564,809,891,767.99</li>
</ul>
<p>The $4,937,931,842,854.91 in new total debt added under Obama&#8217;s watch, in a mere 1,150 days, is more than the $4,899,100,310,608.44 in new total debt added under Bush&#8217;s watch in 2,922 days.</p>
<p>If you prefer to just look at publicly-held debt, Obama broke the Bush record of $2.889 trillion in new publicly-held debt&#8230;back on the Ides of November 2010, and barely slowed down since.  That total is now $4.512 trillion.</p>
<p>So, how did Obama celebrate?  It probably would have been better had he gone to Disney World, but instead, <a href="http://www.nationalreview.com/campaign-spot/293677/obamas-marathon-day-fundraising-amidst-hard-times" target="_blank">he set another personal record of six fundraisers in a day</a>, ignoring a whole host of indicators of hard times to gather cash for himself.</p>
<p><i>Revisions/extensions (10:15 pm 3/16/2012) -</i> <a href="http://michellemalkin.com/2012/03/16/joe-biden-gop-bankruptcy/" target="_blank">Doug Powers caught</a> a gem from Vice President Joe Biden.</p>
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		<title>Thank you, Thank you very much!</title>
		<link>http://norunnyeggs.com/2012/03/thank-you-thank-you-very-much/</link>
		<comments>http://norunnyeggs.com/2012/03/thank-you-thank-you-very-much/#comments</comments>
		<pubDate>Fri, 02 Mar 2012 03:11:54 +0000</pubDate>
		<dc:creator>Shoebox</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>
		<category><![CDATA[Health Care Reform]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11487</guid>
		<description><![CDATA[It&#8217;s been a couple of interesting weeks on the Obamacare front. First, Obama Inc. told the Catholic Church that they had to offer contraceptive coverage in their insurance plans. I covered that little episode here. Obama Inc. made a poorly camouflaged attempt to acquiesce without actually changing anything. Their proposal was to not require the [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s been a couple of interesting weeks on the Obamacare front.</p>
<p>First, Obama Inc. told the Catholic Church that they had to offer contraceptive coverage in their insurance plans. I covered that little <a href="http://norunnyeggs.com/2012/02/the-frog-and-the-crocodile/">episode here</a>.</p>
<p>Obama Inc. made a poorly camouflaged attempt to acquiesce without actually changing anything. Their proposal was to not require the Catholic Church, but to require their insurers to provide the contraception at no cost.</p>
<p>After 22.5 seconds of consideration, the Church came back with their response..NYET! In fact, not only NYET but if you force us, we&#8217;ll close our <a href="http://hotair.com/archives/2012/02/27/catholic-bishop-warns-hhs-mandate-will-mean-an-end-to-catholic-hospitals-clinics-charities/">hospitals and other institutions</a>.</p>
<p>Also recently, a study was released that showed some interesting early information on the reality of costs associated with Obamacare. You may remember President Obama telling us time and again how Obamacare would bend the cost curve on health care. Well, it turns out he was probably right. The problem is that the cost curve appears to be bent up not down, and at a very steep angle. According to <a href="http://www.cciio.cms.gov/resources/files/Files2/02242012/pcip-annual-report.pdf">this analysis and report</a>, the first year costs for the high risk pool that covers people with preexisting conditions are running at a rate that is <strong>twice</strong> what was planned!</p>
<p>Finally, some had theorized that Obama may use the <a href="http://www.washingtonpost.com/national/health-science/birth-control-exemption-bill-the-blunt-amendment-killed-in-senate/2012/03/01/gIQA4tXjkR_story.html">Blunt amendment</a> as a way to let the Catholic Church off the hook while saving face on his administrations earlier edict. Unfortunately, the Blunt amendment was defeated on a mostly partly line vote today so the Catholic Church&#8217;s reason to close it&#8217;s facilities remains intact.</p>
<p>What are we to make of all this?</p>
<p>Some pundits, including the esteemed <a href="http://hotair.com/archives/2012/03/01/what-if-catholic-bishops-arent-bluffing/">Ed Morrissey</a> believe this is a high stakes game of chicken and that in the end, Obama will blink. I don&#8217;t buy it. Let&#8217;s look at the implications of the various actions I&#8217;ve previously noted.</p>
<p>When I looked at the premiums being charge for the high cost fund I noted that my family of 4 would be covered for about $800 per month. That may seem like a lot. However, for similar coverage from the high cost fund when we lived in Minnesota, we were paying nearly $1,500/month and that was two years ago. My point is that not only is the Obamacare high cost fund costing a lot more than it&#8217;s counterparts, it is also charging a lot less than its state counterparts. Last I looked, high costs and low revenue didn&#8217;t make a successful business. The outcome, if this is allowed to continue, is that insurance companies will be saddled with higher costs and lower revenues. This, over time, will force weaker insurance companies out of the business. Fewer insurance companies will lead to fewer choices which in turn, will lead to higher insurance costs.</p>
<p>I don&#8217;t think Obama will blink for the Catholic Church. As I noted earlier, he had the perfect opportunity to get a way out via the Blunt amendment. The amendment would have allowed church organizations to object and not provide certain coverages but would have required all other businesses to continue to provide whatever mandate Obama Inc. came up with. The tell for me is that this was voted down on nearly a party line vote. There are numerous Democrats in &#8220;swing&#8221; states who are up for election this year. There&#8217;s no way this is going to work in their favor. Had Obama wanted an out for the Catholic Church, there is no doubt in my mind that Harry Reid would have allowed just enough Democrats to vote for the amendment and &#8220;grudgingly&#8221; allowed it to pass. The fact that it didn&#8217;t means Obama is playing for keeps.</p>
<p>Finally, the Catholic Church threat. According to Morrissey, nearly 16% of admissions are served by Catholic hospitals. Nearly a third of those hospitals are in lesser served rural areas. If the Church does indeed pull their hospitals and other organizations, it will create a health care shortage of significant proportions in many areas of the U.S..</p>
<p>Contrary to the notion that Obama will blink, I think Obama is setting up exactly what he wants in health care.</p>
<p>If insurance costs skyrocket due to fewer providers and higher costs and access to care becomes scarcer due to a boycott by the Catholic Church, Obama, should he win a second election, will have the perfect pretense to declare a crisis and push, declare, impose or legislate for a national health care, single payer system&#8230;which is what he has wanted all along.</p>
<p>I will admit that it is possible that I&#8217;m wrong but I haven&#8217;t been wrong about much with this President. If I&#8217;m wrong, look for one of the following things to occur:</p>
<p>1. The Blunt amendment is brought back (it was tabled) and narrowly passes.<br />
2. The Supreme Court rules that the health care mandate is unconstitutional before the election.</p>
<p>Any of these things could indicate that Obama won&#8217;t or isn&#8217;t able to eat the entire loaf. However, I don&#8217;t think either of these will happen. Rather, I think that Obama has planned this approach and as the Catholic Church threatened, if you listen closely you will hear Obama saying, &#8220;Thank you, Thank you very much!&#8221;</p>
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		<title>Four years of a Medicare Funding Warning, zero years of Obama action</title>
		<link>http://norunnyeggs.com/2012/03/four-years-of-a-medicare-funding-warning-zero-years-of-obama-action/</link>
		<comments>http://norunnyeggs.com/2012/03/four-years-of-a-medicare-funding-warning-zero-years-of-obama-action/#comments</comments>
		<pubDate>Thu, 01 Mar 2012 18:04:07 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Health Care Reform]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11488</guid>
		<description><![CDATA[Rep. Paul Ryan (R-WI), chairman of the House Budget Committee, and Sen. Jeff Sessions (R-AL), ranking member of the Senate Budget Committee, fired off a letter to the White House in the wake of the fourth consecutive year of the Obama Administration&#8217;s decision to not address the now-current funding crisis of Medicare in violation of [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://budget.house.gov/News/DocumentSingle.aspx?DocumentID=282515">Rep. Paul Ryan (R-WI), chairman of the House Budget Committee, and Sen. Jeff Sessions (R-AL), ranking member of the Senate Budget Committee, fired off</a> a letter to the White House in the wake of the fourth consecutive year of the Obama Administration&#8217;s decision to not address the now-current funding crisis of Medicare in violation of law.  From the press release announcing the letter:</p>
<blockquote><p>“Within fifteen days of presenting his budget plan, the President is required by law to send a legislative proposal to Congress to address Medicare’s looming insolvency. For four straight years, this ‘Medicare trigger’ has been issued.  And for four straight years, President Obama has ignored the alarm and fled his post. America’s debt, as measured by the International Monetary Fund, is now worse than Greece on a per-capita basis. The course President Obama has laid out leads to fiscal ruin.  His budget plan raises taxes by $2 trillion, increases the debt by $11 trillion, and increases spending by $1.6 trillion.  </p>
<p>“The President’s unserious approach to Medicare will have serious consequences for seniors. President Obama continues to ignore his legal and moral obligations to protect the health security of America’s seniors. While he refuses to advance credible solutions to strengthen Medicare, the President’s health-care law does great harm to this critical program – raiding Medicare by over $500 billion to fund a new open-ended entitlement, while leaving the fate of seniors’ care to a board of 15 unelected bureaucrats in Washington. There is a growing bipartisan consensus on how best to preserve the Medicare guarantee, but the President won’t join this discussion. The President is required by law to respond to the Medicare Trustees’ annual warning, and – as a matter of fundamental leadership – is duty-bound to do so.</p>
<p>“Meanwhile, the Democratic leaders in the Senate refuse to bring a budget plan to the floor for the third straight year. The livelihoods, savings and futures of millions of hardworking Americans are at stake, but the President and his party’s leaders can’t even be bothered to fulfill their most basic obligations in a time of crisis.”</p></blockquote>
<p>A bit of background is in order &#8211; as part of the creation of the Medicare Part D prescription drug benefit, a reqirement was put into place requriring, if the Medicare trustees find in two consecutive years that general funds, be they interest on the Treasury securities held by three &#8220;Trust Fund&#8221; accounts held by Medicare, redemptions of same, or other &#8220;general fund&#8221; revenues, do, or will within 6 fiscal years, comprise more than 45% of total Medicare outlays (or once the Hospital Insurance Fund was depleted, the &#8220;dedicated&#8221; funds are less than 55% of total obligations whether fulfilled or unfulfilled), the President to submit to Congress legislation to deal with said excessive general funding within 15 days of submitting the following year&#8217;s budget.</p>
<p>The first year the trustees found that situation becoming a probability based on the &#8220;intermediate-case&#8221; scenario was 2006, with FY2012 projected to require more than 45% of Medicare&#8217;s outlays come from the general fund.  This imbalance was projected to arrive despite a pending reduction of physician reimbursement fees that had been called for since the prior decade and postponed every time since because of fears doctors would flee the Medicare program if the reductions were to happen (the postponement is known as the &#8220;doc fix&#8221;).  Each time the &#8220;doc fix&#8221; was extended, the pain that would be caused if it was not extended yet again grew.</p>
<p>The 2007 Trustees&#8217; Report, while it pushed off the year of reckoning to FY2013, triggered the &#8220;Medicare funding warning&#8221; as it was still within the 7-year scope of the trigger and the second consecutive finding.  Accordingly, President Bush had Health and Human Services Secretary Mike Leavitt submit in February 2008, just after he submitted the FY2009 budget, what became H.R. 5480 and S. 2662.  Those two bills were promptly buried in committee by the Democrats running both Houses of Congress.</p>
<p>The 2008 Trustees&#8217; Report once again pushed off the year of reckoning to FY2014, which was once again at the very end of the 7-year scope of the trigger.  President Obama chose not to submit any legislation despite his party controlling both Houses.  Instead, we got PlaceboCare at the beginning of 2010, while the 2009 Trustees&#8217; Report, breaking with the postponement history, once again put the year of reckoning as FY2014.</p>
<p>Fresh from his victory on PlaceboCare, Obama failed to address the immediate problem, and much like the &#8220;unanticipated&#8221; rapid decline of the Social Security &#8220;Trust Funds&#8221;, the state of the Medicare &#8220;Trust Funds&#8221; also declined very rapidly.  The 2010 Trustees&#8217; Report found that the year of reckoning had come that fiscal year, as general revenues were set to comprise more than 45% of the total Medicare expenditures in FY2010, with a projected temporary return to general funds needing to cover less than 45% of expenditures in FY2012.  Instead of addressing this in early 2011, Obama and Congress once again extended the &#8220;doc fix&#8221; a bunch of times, which by that point represented a significant &#8220;overrun&#8221; versus budget.</p>
<p>Tired of waiting for any sign of leadership from the White House out of a very-predictable fiscal crisis, the House Budget Committee included a version of Medicare reform first outlined in Paul Ryan&#8217;s Roadmap for America.  While it would not have stopped the warning in the 2011 Trustees&#8217; Report as FY2011 was more than half over, it would have put the program on the path to no longer triggering said warnings and ultimately long-term solvency while permanently implementing the &#8220;doc fix&#8221;.  Unfortunately, just as the 2008 legislation designed to address what was then a future funding problem in Medicare, that budget was buried by the Democrats in the Senate as part of their three-year-long refusal to pass any budget, and because the only action on Medicare was continued extensions of the &#8220;doc fix&#8221;, general revenues comprised more than 45% of expenditures in FY2011 and FY2012.</p>
<p>Speaking of that 2011 Trustees&#8217; Report, it pushed back the return to temporary overall Medicare stability to FY2013.  Once again, instead of addressing the problem, Obama and Congress extended the &#8220;doc fix&#8221;, making it all but certain that for the fourth consecutive year and probably a fifth with no corrective action, general revenues will comprise more than 45% of Medicare expenditures.</p>
<p>The House Budget Committee will once again attempt to reform Medicare along the lines of a premium-support program.  This time, there is <a href="http://online.wsj.com/article/SB10001424052970203960804577245450263764234.html?mod=googlenews_wsj">some support from the other side of the aisle</a>, even if that support won&#8217;t be too public until after November and then only if there is a change in the White House, Senate, or both.</p>
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		<title>Marquette Law School Poll &#8211; Santorum leads the WI Primary, Obama leads significantly in the general</title>
		<link>http://norunnyeggs.com/2012/02/marquette-law-school-poll-santorum-leads-the-wi-primary-obama-leads-significantly-in-the-general/</link>
		<comments>http://norunnyeggs.com/2012/02/marquette-law-school-poll-santorum-leads-the-wi-primary-obama-leads-significantly-in-the-general/#comments</comments>
		<pubDate>Wed, 22 Feb 2012 18:22:45 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>
		<category><![CDATA[Politics - Wisconsin]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11479</guid>
		<description><![CDATA[Marquette University&#8217;s Law School released its second poll of Wisconsin registered voters this morning, the first dealing with the April 6 Presidential primary, and the first to match up each of the 4 remaining Republican Presidential candidates against Barack Obama (January&#8217;s poll matched Mitt Romney against Obama). The primary topline is that Rick Santorum had [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://law.marquette.edu/poll/2012/02/22/obama-leads-gop-field-as-santorum-surges-in-primary/" target="_blank">Marquette University&#8217;s Law School released</a> its second poll of Wisconsin registered voters this morning, the first dealing with the April 6 Presidential primary, and the first to match up each of the 4 remaining Republican Presidential candidates against Barack Obama (January&#8217;s poll matched Mitt Romney against Obama).  The primary topline is that Rick Santorum had the support of 34% of those considering voting in the Republican primary, with Romney at 18%, Ron Paul at 17%, and Newt Gingrich at 12%.  The general topline is Obama would get a double-digit majority win over each candidate, with Santorum coming closest at 51%-40%.  Romney saw his deficit to Obama increase from 40%-48% in January to 38%-53% this month, due in part to a rather significant shift in the partisan split from 43% independent/28% Democrat/26% Republican (46% D/44% R with leaners) last month to 35% independent/34% Democrat/26% Republican (47% D/39% R with leaners).</p>
<p><b>Beyond the toplines &#8211; primary edition</b></p>
<p>Those who lean Republican make up a mere 66.6% of those who said they support one of the four candidates, which probably reflects the ease and anonymity of the partisan primary process in Wisconsin (only the voter knows in which party&#8217;s primary he or she voted).  However, the facts that they&#8217;re the largest constituency and that 81.6% of those who lean Republican did support one of the four candidates illustrate the relative strength of the four candidates.</p>
<p>Among that core constuency (including the 7.5% who don&#8217;t plan on voting in the Presidential primary), Santorum trounced Romney 40.6%-18.5%, with Gingrich a distant third at 11.7%.  Santorum, the only candidate to improve his favorability ratio from last month, had a favorable/unfavorable split of 56.1%-10.1%, a rather significant improvement from January&#8217;s 48.6%/9.8%.  Romney slipped from a 48.9%-29.2% split in January to a 45.9%-32.4% split in February, Paul slipped from a 42.4%-28.0% split in January to a 38.4%-31.2% split in February, and Gingrich went underwater, collapsing from a 45.1%-41.5% split in January to a 35.2%-48.8% split in February.</p>
<p>Surprisingly, Santorum even placed second among those leaning Democrat, 23.7% of whom said they would support one of the four candidates in the primary.  Among that group of 80, Paul took 43.5%, Santorum 26.2%, Romney 16.0% and Gingrich 14.3%.  Notably, Paul&#8217;s Democrat-lean total of 35 was greater than his Republican-lean total of 31.</p>
<p>While the Marquette Law School Poll does not directly measure the &#8220;likely voter&#8221; metric (a discussion from director Charles Franklin on the subject <a href="http://law.marquette.edu/poll/2012/01/31/likely-voter-crosstabs/">here</a>), the school did release a &#8220;likelyhood&#8221; crosstab based on a question of how likely each respondent was to vote in November.  As Wisconsin is within a month and a half of the primary, looking at the likelyhood of a respondent voting is undeniably worth exploring.  Among those &#8220;absolutely certain&#8221; to vote in November and who did not say they would not participate in the Republican primary, Santorum led with 39.2%, Romney was second with 19.7%, Paul was third with 13.7%, and Gingrich was last with 10.0%.  Adding those &#8220;very likely&#8221; to vote in November and not ruling out voting in April changes the percentages to 35.4% Santorum, 19.0% Romney, 17.1% Paul and 11.4% Gingrich, virtually indistinguishable from the larger &#8220;registered voter&#8221; number.</p>
<p>On the ideology front, of those who did not rule out voting in the primary, 12.3% described themselves as &#8220;very conservative&#8221;, 41.2% as &#8220;conservative&#8221;, 31.5% as &#8220;moderate&#8221;, 6.1% as &#8220;liberal&#8221; and 1.5% as &#8220;very liberal&#8221;.  Santorum took 57.5% of the very-conservative potential vote, with Gingrich a distant second at 24.3% and Romney an even more distant third at 11.2%.  Among those who were &#8220;merely&#8221; &#8220;conservative&#8221;, Santorum took 34.7%, with Romney second at 21.4% and Gingrich third at 14.6%.  Paul&#8217;s strength begins with the &#8220;moderates&#8221;, with a 28.1% plurality among moderates (barely ahead of Santorum&#8217;s 28.0% and well ahead of Romney&#8217;s 16.5%), and near-majorities of 43.7% of &#8220;liberals&#8221; (with Romney second at 26.1%) and 49.4% of &#8220;very liberals&#8221; (with the remaining 50.6% undecided).</p>
<p><b>Beyond the toplines &#8211; general edition</b></p>
<p>The biggest boost to Obama&#8217;s chances was his boost in favorability, from 50% favorable/44% unfavorable last month to 52%/43%.  In an interesting twist, that is higher than his job approval split of 50% approval/43% disapproval (also up from January&#8217;s 47%/47% split), a mirror opposite of Scott Walker&#8217;s 47% approval/47% disapproval and 46% favorable/48% unfavorable splits.</p>
<p>Among the Republican challengers, only Santorum had a positive favorability in the Dem-heavy overall poll at 30% favorable/27% unfavorable (versus 27%/21% last month).  Paul, who was at an even 31%/31% split last month, fell to 27%/37% this month.  Romney slipped from 30%/42% to 27%/50%, while Gingrich slipped from 25%/53% to 21%/61%.</p>
<p>While last month, among those &#8220;certain&#8221; to vote, Obama and Romney were tied at 45.1%, Obama increased his percentage among this group to between 49.4% (against Santorum) to 53.8% (against Gingrich).  Much like last month, the less committed one is to vote, the more likely one would vote for Obama against any of the Republicans.</p>
<p>Specifically to Romney, while a significant portion of his softening of support versus Obama was due to the increased number of Democrats, that does not explain the entirety of the collapse.  Even after &#8220;normalizing&#8221; the February poll numbers to the January partisan percentages, Romney would lose 51%-40%.  That was due to a 8-point drop in support among Republicans down to 80.8% (with a 7-point gain by Obama among the same).  By comparison, Santorum held 87.1% of Republicans, Paul 82.4% and Gingrich a mere 78.9%.</p>
<p>The news is not all &#8220;good&#8221; (relatively-speaking) for Santorum.  While he would lose the &#8220;independent&#8221; vote to Obama 53.1%-35.7%, Romney would &#8220;only&#8221; lose by 50.5%-38.9%.</p>
<p>Regarding ideology, the larger poll sample had 8% &#8220;very conservative&#8221; (compared to 9% last month), 30% &#8220;conservative&#8221; (versus 32%), 38% &#8220;moderate&#8221; (versus 32%), 16% &#8220;liberal&#8221; (versus 14%), and 4% &#8220;very liberal&#8221; (unchanged).  Santorum would carry the &#8220;very conservative&#8221; vote by a 86.4%-13.6% margin and the &#8220;conservative&#8221; vote 67.7%-23.0%, and lose the &#8220;moderates&#8221; 62.3%-27.1%, while Romney would carry the &#8220;very conservative&#8221; vote 72.7%-23.1% (note; while that doesn&#8217;t seem right, it does add up), and the &#8220;conservative&#8221; vote 68.0%-22.2%, and lose the &#8220;moderate&#8221; vote 65.7%-24.4%.</p>
<p><i>Revisions/extensions (1:13 pm 2/22/2012) -</i> Somehow mentioned Romney twice in the &#8220;conservative&#8221; portion of the primary writeup.  Fixed.</p>
<p><i>R&#038;E part 2 (8:19 pm 2/22/2012) -</i> Many thanks to Stacy McCain for linking in <a href="http://theothermccain.com/2012/02/22/cnn-arizona-debate/">his liveblog of the debate tonight</a>.</p>
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		<title>Wednesday, Wednesday, Can&#8217;t trust that day Debate</title>
		<link>http://norunnyeggs.com/2012/02/wednesday-wednesday-cant-trust-that-day-debate/</link>
		<comments>http://norunnyeggs.com/2012/02/wednesday-wednesday-cant-trust-that-day-debate/#comments</comments>
		<pubDate>Wed, 22 Feb 2012 00:39:18 +0000</pubDate>
		<dc:creator>Shoebox</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11475</guid>
		<description><![CDATA[Breaking out the air folk guitar for this intro: Oh Wednesday morning, Wednesday morning couldn&#8217;t guarantee That Wednesday evening, we be closer to a nominee&#8230;. Join me and hopefully Steve, for another drunk or otherwise blog. Show starts at 7 Central. I&#8217;ll try to get it rolling a bit before that! Wednesday, Wednesday can&#8217;t trust [...]]]></description>
			<content:encoded><![CDATA[<p>Breaking out the air folk guitar for this intro:</p>
<p>Oh Wednesday morning, Wednesday morning couldn&#8217;t guarantee<br />
That Wednesday evening, we be closer to a nominee&#8230;.</p>
<p>Join me and hopefully Steve, for another drunk or otherwise blog.  Show starts at 7 Central.  I&#8217;ll try to get it rolling a bit before that!</p>
<p><iframe src="http://www.coveritlive.com/index2.php/option=com_altcaster/task=viewaltcast/altcast_code=6a46649f2c/height=550/width=470" scrolling="no" height="550px" width="470px" frameBorder ="0" allowTransparency="true"  ><a href="http://www.coveritlive.com/mobile.php/option=com_mobile/task=viewaltcast/altcast_code=6a46649f2c" >Wednesday, Wednesday can&#8217;t trust that day debate</a></iframe></p>
<p><i>Revisions/extensions (11:44 am 2/22/2012, steveegg) -</i> I&#8217;ll be here a bit late.  We do have a special treat for you, however &#8211; <a href="http://www.allpatriotsmedia.com/live" target="_blank">Stephen Kruiser and Tony Katz doing commentary</a>.  In case Shoebox and I forget to throw it in the CiL window, I&#8217;ll also throw it here&#8230;</p>
<p><iframe width="480" height="296" src="http://www.ustream.tv/embed/10444418" scrolling="no" frameborder="0" style="border: 0px none transparent;">  <other />  </iframe></p>
<p>I also made this temporarily &#8220;sticky&#8221;, so new posts, at least until after the debate, will be below this one.  Yes, I do have a couple of posts I&#8217;m working on.</p>
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		<title>If we drilled ANWR ten years ago&#8230;.</title>
		<link>http://norunnyeggs.com/2012/02/if-we-drilled-anwr-ten-years-ago/</link>
		<comments>http://norunnyeggs.com/2012/02/if-we-drilled-anwr-ten-years-ago/#comments</comments>
		<pubDate>Tue, 21 Feb 2012 15:01:03 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Politics - National]]></category>
		<category><![CDATA[Drill Here Drill Now Tuesdays]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11465</guid>
		<description><![CDATA[Jim Geraghty highlighted a few choice quotes from the 2000-2002 timeline on how drilling in ANWR wouldn&#8217;t have an effect for ten years. Guess what? It&#8217;s now ten years later, and we&#8217;re staring $4.50-$5.00/gallon summer gas in the face.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.nationalreview.com/campaign-spot/291529/ten-years-ago">Jim Geraghty highlighted</a> a few choice quotes from the 2000-2002 timeline on how drilling in ANWR wouldn&#8217;t have an effect for ten years.  Guess what?  It&#8217;s now ten years later, and we&#8217;re staring $4.50-$5.00/gallon summer gas in the face.</p>
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		<title>Peek-A-Boo America!</title>
		<link>http://norunnyeggs.com/2012/02/peek-a-boo-america/</link>
		<comments>http://norunnyeggs.com/2012/02/peek-a-boo-america/#comments</comments>
		<pubDate>Sun, 12 Feb 2012 20:57:35 +0000</pubDate>
		<dc:creator>Shoebox</dc:creator>
				<category><![CDATA[Defending the American Dream]]></category>
		<category><![CDATA[Economy Held Hostage]]></category>
		<category><![CDATA[Elections]]></category>
		<category><![CDATA[Health Care Reform]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11459</guid>
		<description><![CDATA[As the battle between President Obama and the Catholic Church continued, President Obama attempted to diffuse the growing angst with something he classified as a &#8220;compromise.&#8221; The compromise from the White House&#8217;s fact sheet: Under the new policy to be announced today, women will have free preventive care that includes contraceptive services no matter where [...]]]></description>
			<content:encoded><![CDATA[<p>As the battle between President Obama and the Catholic Church continued, President Obama attempted to diffuse the growing angst with something he classified as a &#8220;compromise.&#8221; The compromise from the White House&#8217;s <a href="http://www.whitehouse.gov/the-press-office/2012/02/10/fact-sheet-women-s-preventive-services-and-religious-institutions">fact sheet</a>:</p>
<blockquote><p>Under the new policy to be announced today, women will have free preventive care that includes contraceptive services no matter where she works. The policy also ensures that if a woman works for a religious employer with objections to providing contraceptive services as part of its health plan, the religious employer will not be required to provide, pay for or refer for contraception coverage, but her insurance company will be required to directly offer her contraceptive care free of charge.</p></blockquote>
<p>Wow, that&#8217;s great! Religious organizations no longer have to pay for insurance that provides for contraceptive coverage! How magnanimous on the part of the President! In fact, the President who would be King, has fixed the problem by decreeing that all insurance companies must provide said contraceptive coverage in the plans offered to these religious institutions for FREE!</p>
<blockquote><p>o Insurance companies will be required to provide contraception coverage to these women free of charge.</p></blockquote>
<p>If I&#8217;m reading this right, Obama believes that the issue the Catholic Church had, was paying for the cost of contraception. I&#8217;m not Catholic but I do understand a fair amount of their doctrine. I&#8217;m pretty sure that the Church didn&#8217;t have a proviso that allowed for contraception if you could get someone else to pay for it! In fact, the US Conference of Catholic Bishops have already <a href="http://usccb.org/news/2012/12-026.cfm">called out Obama</a> for his ruse that he claims is a &#8220;compromise:&#8221;</p>
<blockquote><p>And in the case where the employee and insurer agree to add the objectionable coverage, that coverage is still provided as a part of the objecting employer&#8217;s plan, financed in the same way as the rest of the coverage offered by the objecting employer. This, too, raises serious moral concerns.</p></blockquote>
<p>Beyond the theological issue, I&#8217;m having a tough time figuring out how exactly, Obama believes that forcing the insurance companies to provide something &#8220;for free&#8221; does not result in having the insurer pay for it?  Does Obama really believe that by simply saying &#8220;it is free&#8221; that it actually is free?  I&#8217;ve been a Southerner for nearly two years now.  However, unless they&#8217;ve rewritten the rules of economics in that time, the only thing Obama&#8217;s mandate has done is shift costs and increase the costs for all of our insurance to pay for the contraceptive services for those who get it for &#8220;free&#8221;.  In fact, some accounts have the costs for this &#8220;free contraception&#8221; as high as $2.8B, a portion of which will now be shared by all 60+ year old women and all males.  Speaking of which, if we&#8217;re all so concerned about making sure contraception is free, where are my coupons for condoms?</p>
<p>Peek-A-Boo is a game played with young children.  We&#8217;ve all likely played it at some time.  In Peek-A-Boo we play on the young child&#8217;s lack of understanding about reality.  We attempt to convince them that when we cover our eyes, we somehow disappear even though the child can still see us.  it&#8217;s a game that loses it&#8217;s cuteness as the child grows to understand that reality is reality and that words or claims that reality isn&#8217;t so, doesn&#8217;t change reality.</p>
<p>Obama&#8217;s contraception &#8220;compromise&#8221; is in the end, nothing more than a game of Peek-A-Boo with the American public.  Obama makes claims about insurance economics that simply are not born out by reality.  Of course, you would have to have matured beyond the economic age of two to actually realize such a thing.  An economic age that most on the left never approach, let alone grow beyond.</p>
<p>Peek-A-Boo seems so innocuous with toddlers, and it is.  However, as adults, Peek-A-Boo is escapism and an inability to deal with the world in real terms.  Unfortunately, it is this very game of Peek-A-Boo that most in DC would use to tell us that: Massive Deficits aren&#8217;t a problem, Every increasing debt isn&#8217;t a problem, growing numbers of people on the government dole is not a problem, fewer and fewer actual tax payers aren&#8217;t a problem, Iran isn&#8217;t a problem, increasing costs of energy aren&#8217;t a problem and 8+% unemployment is the new norm.  To those people who want to continue to play Peek-A-Boo rather than solve problems I say:</p>
<p>&#8220;I see you!&#8221;</p>
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		<title>The Frog and the Crocodile</title>
		<link>http://norunnyeggs.com/2012/02/the-frog-and-the-crocodile/</link>
		<comments>http://norunnyeggs.com/2012/02/the-frog-and-the-crocodile/#comments</comments>
		<pubDate>Sun, 05 Feb 2012 22:53:34 +0000</pubDate>
		<dc:creator>Shoebox</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11457</guid>
		<description><![CDATA[During the past week, the Catholic Church has gone slightly apoplectic as HHS secretary, Kathleen Sebelius has informed them that their hospitals and doctors will not be exempted from the requirement to distribute contraceptives and provide abortions. Numerous bloggers have covered this controversy including this post. What&#8217;s ironic about the Catholic outrage is not that [...]]]></description>
			<content:encoded><![CDATA[<p>During the past week, the Catholic Church has gone slightly apoplectic as HHS secretary, Kathleen Sebelius has informed them that their hospitals and doctors will not be exempted from the requirement to distribute contraceptives and provide abortions.  Numerous bloggers have covered this controversy <a href="http://pubsecrets.wordpress.com/2012/02/04/religious-unity-against-hhs-decision/">including this post</a>.</p>
<p>What&#8217;s ironic about the Catholic outrage is not that they don&#8217;t agree with Sebelius on this issue but, the lack of consistency on the part of the Catholic Church when it comes to government involvement and dictation of our lives.</p>
<p>A little over two years ago, in the heat of the Obamacare battle, Catholic Bishops wrote letters <a href="http://www.americanthinker.com/2009/08/catholic_church_and_health_car.html">supporting Obamacare</a>.  While they seemed to like the idea of forcing everyone onto a government mandated healthcare system, they somehow held out hope that they would escape requirements that they found objectionable.</p>
<p>the Church had a similar conundrum when Illinois decided to remove its support unless it agreed to allow homosexual couples to adopt <a href="http://www.nytimes.com/2011/12/29/us/for-bishops-a-battle-over-whose-rights-prevail.html?pagewanted=all">via its programs</a>.  They were happy as the the government supported their efforts.  However, when the government decided that it&#8217;s social agenda didn&#8217;t align with that of the Catholic Church, well, things became difficult.</p>
<p>The Catholic Church has been in support of social change via taxation for the past several years.  In 2009, as cap and trade legislation was being debated, US Catholic Bishops <a href="http://brownpelicanla.com/archives/8263">came out in support</a> of the Waxmen/Markey bill which was one of the core bills for implementing cap and trade in the U.S.</p>
<p>More recently, President Obama has been calling for increasing taxes on the rich.  Not coincidentally, progressive Catholics have fallen in line claiming that tax increases were required so that &#8220;fairness&#8221; and support for needed social programs could continue.</p>
<p>The Catholic Church&#8217;s recurring embrace of big government programs while expecting them to respect the teachings of the church is something akin to the Church being subject to <a href="http://en.wikipedia.org/wiki/Stockholm_syndrome">Stockholm syndrome</a>.  Worse, it takes only a grade school education to understand the risks in putting your life in the risk of the hands of one who would rather see you done in.</p>
<p>The story of the <a href="http://allaboutfrogs.org/stories/crocodile.html">frog and the crocodile</a> is taught as a lesson against succumbing to the creep of temptation.  The Catholic Church teaches a lot about the perils of temptation.  I wonder if they ever see the institution of the Church succumbing to it?</p>
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		<title>Reid &#8211; 1,000 days without a budget? You&#8217;re damn right I&#8217;m doing that!</title>
		<link>http://norunnyeggs.com/2012/02/reid-1000-days-without-a-budget-youre-damn-right-im-doing-that/</link>
		<comments>http://norunnyeggs.com/2012/02/reid-1000-days-without-a-budget-youre-damn-right-im-doing-that/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 21:48:46 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Budget Chop]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11454</guid>
		<description><![CDATA[(H/T &#8211; Tina Korbe) I had resisted the conservative push to mark the 1,000+ days since the Senate last passed a budget, mostly because the budget they passed on April 29, 2009 was for FY2010, which ended on September 30, 2010, and they weren&#8217;t legally required to pass any succeeding budget until April 15, 2010. [...]]]></description>
			<content:encoded><![CDATA[<p>(H/T &#8211; <a href="http://hotair.com/archives/2012/02/03/reid-no-i-dont-plan-to-bring-a-budget-to-the-floor-this-year/">Tina Korbe</a>)</p>
<p>I had resisted the conservative push to mark the 1,000+ days since the Senate last passed a budget, mostly because the budget they passed on April 29, 2009 was for FY2010, which ended on September 30, 2010, and they weren&#8217;t legally required to pass any succeeding budget until April 15, 2010.  However, The Only Member of Congress That Matters, <a href="http://thehill.com/blogs/on-the-money/budget/208593-reid-this-years-budget-is-done">Sen. Dingy Harry Reid (Dingy-Nevada), just uttered</a> that the Senate will not take up a FY2013 budget either.  From <i>The Hill</i>:</p>
<blockquote><p>Senate Democratic leaders said they don&#8217;t expect a fiscal 2013 budget to reach the floor this year because spending levels were set last summer under the debt-ceiling agreement. </p>
<p>&#8220;We do not need to bring a budget to the floor this year — it&#8217;s done, we don&#8217;t need to do it,&#8221; Senate Majority Leader Harry Reid (D-Nev.) told reporters on Friday, echoing previous statements from his office. </p></blockquote>
<p>I could have swore I predicted when the debt deal was passed last year, this would happen.  Thanks to The Dingy One and his sidekick Charles &#8220;Don&#8217;t call me Chuck&#8221; Schumer (Dunce-New York), that prediction came true:</p>
<blockquote><p>Reid and Sen. Charles Schumer (D-N.Y.) argued that the debt-limit agreement in August directs spending for the next year and that Senate Appropriations Chairman Daniel Inouye (D-Hawaii) has already asked the heads of the subcommittees to write their appropriations bills for fiscal 2013.</p></blockquote>
<p>Let&#8217;s do some math:</p>
<ul>
<li>The next Congress will be seated on (or about) January 3, 2013.  Even if the Senate passes a budget that day, it will be 1,345 days after they passed the prior budget, and 994 days after they were required to pass the FY2011 budget on April 15, 2010.</li>
<li>Unless said budget covers the remainder of FY2013, the Senate will have gone 1,096 days between the expiration of the last passed budget (for FY2010) and the start of the next adopted budget (for FY2014).</li>
</ul>
<p>By the way, the Congressional Budget Office estimates that the federal debt will have increased by $3,252,000,000,000 in the three full fiscal years Congress has operated without a budget.  It took over 200 years to reach the first $3,252,000,000,000.</p>
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		<title>Gingrich to pursue the Sore Loserman stragedy</title>
		<link>http://norunnyeggs.com/2012/02/gingrich-to-pursue-the-sore-loserman-stragedy/</link>
		<comments>http://norunnyeggs.com/2012/02/gingrich-to-pursue-the-sore-loserman-stragedy/#comments</comments>
		<pubDate>Thu, 02 Feb 2012 16:07:30 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11443</guid>
		<description><![CDATA[(H/T &#8211; Allahpundit) Campaign Carl Cameron is reporting the Newt Gingrich campaign is planning on challenging Florida&#8217;s winner-take-all primary scheme because it held said WTA primary prior to April 1. Florida actually violated two provisions of RNC Rule 15(b), which governs the timing of primaries, caucuses and conventions: RULE NO. 15 Election, Selection, Allocation, or [...]]]></description>
			<content:encoded><![CDATA[<p>(H/T &#8211; <a href="http://hotair.com/archives/2012/02/01/gingrich-to-challenge-floridas-winner-take-all-rule-demand-proportional-award-of-delegates/">Allahpundit</a>)</p>
<p><a href="http://politics.blogs.foxnews.com/2012/02/01/florida-primary-might-not-be-done-deal/">Campaign Carl Cameron is reporting</a> the Newt Gingrich campaign is planning on challenging Florida&#8217;s winner-take-all primary scheme because it held said WTA primary prior to April 1.  Florida actually violated two provisions of RNC Rule 15(b), which governs the timing of primaries, caucuses and conventions:</p>
<blockquote><p align="centerP">RULE NO. 15<br />
<b>Election, Selection, Allocation, or Binding of Delegates and Alternate Delegates</b></p>
<p>(b) Timing.* (Revised language was adopted by the Republican National Committee on August 6, 2010)</p>
<p>(1) No primary, caucus, or convention to elect, select, allocate, or bind delegates to the national convention shall occur prior to the first Tuesday in March in the year in which a national convention is held. Except Iowa, New Hampshire, South Carolina, and Nevada may begin their processes at any time on or after February 1 in the year in which a national convention is held and shall not be subject to the provisions of paragraph (b)(2) of this rule.</p>
<p>(2) Any presidential primary, caucus, convention, or other meeting held for the purpose of selecting delegates to the national convention which occurs prior to the first day of April in the year in which the national convention is held, shall provide for the allocation of delegates on a proportional basis.</p></blockquote>
<p>So, what are the penalties?  Rule 16 specifies them:</p>
<blockquote><p align="centerP">RULE NO. 16<br />
<b>Enforcement of Rules</b></p>
<p>(a) If any state or state Republican Party violates The Rules of the Republican Party relating to the timing of the election or selection process with the result that any delegate from that state to the national convention is bound by statute or rule to vote for a presidential nominee selected or determined before the first day of the month in which that state is authorized by Rule No. 15(b) to vote for a presidential candidate and/or elect, select, allocate, or bind delegates or alternate delegates to the national convention, the number of delegates to the national convention from that state shall be reduced by fifty percent (50%), and the corresponding alternate delegates also shall be reduced by the same percentage. Any sum presenting a fraction shall be increased to the next whole number. No delegation shall be reduced to less than two (2) delegates and a corresponding number of alternates.</p>
<p>(Sections b-d, which deal with the timing of the notification of the penalty and the procedures to follow if the chair does not enforce the rule, omitted for space)</p>
<p>(e) If a state or state Republican Party isdetermined to be in violation:</p>
<p>(1) No member of the Republican National Committee from the offending state shall be permitted to serve as a delegate or alternate delegate to the national convention.</p>
<p>(2) After the Republican National Committee members are excluded from being part of the offending state’s delegation to the national convention, the state Republican Party shall determine which of the state’s remaining delegates (and corresponding alternate delegates) are entitled to serve as part of the state’s reduced delegation to the national convention.</p>
<p>(3) In addition to the penalties provided for in paragraphs (e)(1) and (2) of this rule, the Standing Committee on Rules may impose additional sanctions relating to the offending state’s hotel location at the national convention, guest privileges and VIP passes at the national convention, and seating location in the national convention hall.</p>
<p>(f) A state or state Republican Party shall have no appeal from either a finding of a violation against it or a penalty imposed upon it under this rule.</p></blockquote>
<p>Because <a href="http://www.thegreenpapers.com/P12/FL-R">the RNC halved the Florida delegation because they jumped the first Tuesday in March (3/6) date</a>, the <a href="http://rpof.org/wp-content/uploads/RPOFRule10.pdf">Republican Party of Florida changed</a> their allocation from a total of 54 delegates (2 per district) awarded to the winner of each Congressional District and the other 45 (42 &#8220;at-large&#8221; and the 3 RNC members) awarded to the statewide winner to all 50 of the remaining delegates being termed &#8220;at-large&#8221; and awarded to the statewide winner.  The RNC also reportedly applied the other sanctions.</p>
<p>The RNC does contemplate a contest of &#8220;at-large&#8221; delegates (see Rules 22 and 23).  However, as long as the Committee on Contests feels bound to the RNC rules, this situation cannot end well for Gingrich.  It is unlikely that the sole available penalty under RNC rules, a second halving, will be applied.  The convention is in Florida, after all, and Florida is a key state for the GOP&#8217;s chances of winning the White House.  Even if it were applied, the reduction of Mitt Romney&#8217;s delegates from the 50 he claimed as the statewide winner to 25 would almost certainly not affect his chances of getting the nomination (he would have to finish with more than 1,144 but less than 1,156 before a second FL chop to affect that).</p>
<p>Worse, it would open the door for somebody to contest South Carolina&#8217;s winner-take-all scheme on the basis of it taking place prior to the &#8220;protection&#8221; of the February 1 date South Carolina, Iowa, New Hampshire and Nevada enjoy (with all but Nevada and Iowa leaving said protection).  As Gingrich claimed 23 of the once-halved 25 delegates, a second halving would take away 11.  That, in a tight race for Next-In-Line™ status and thus, should Romney lose in November, the 2016 nomination, could cost Gingrich.</p>
<p>There is no basis for the &#8220;proportionality&#8221; &#8220;solution&#8221; allegedly being sought by Gingrich, and if my eyes weren&#8217;t deceiving me, Rick Santorum.  While it would likely give Gingrich 16 delegates in Florida, if the &#8220;floor&#8221; to receive any delegates were set at 10%, it would also give Rick Santorum, Gingrich&#8217;s main competition for Next-In-Line™, 6 delegates.  If the same &#8220;proportionality&#8221; rules were applied to South Carolina, Gingrich would lose 5 of his 11 &#8220;at-large&#8221; delegates with Santorum picking up 1, Romney picking up 3, and Ron Paul picking up 1.</p>
<p>Similarly, there is no basis to force Florida to modify their original WTA-by-district-and-statewide plan to fit 50 delegates (no, it wouldn&#8217;t work if a second halving took place because there would be fewer delegates than Congressional districts, much less leaving enough delegates to allow at least 1/3rd to be &#8220;at-large&#8221;).  While it would have the benefit (at least for Gingrich) of not opening the door to either making South Carolina delegate allocation proportional or further reduce South Carolina&#8217;s delegation (due to the inability to further reduce Florida&#8217;s delegation), it would only likely net Gingrich, depending on the Congressional breaks, 10-15 delegates.</p>
<p>That minor gain by the Gingrich campaign would likely be wiped out by the ill effects in the <del>46</del> 45 (oops, Gingrich isn&#8217;t on his home state&#8217;s ballot) states plus various territories left on the schedule caused by taking the strategy the Gore/Lieberman team took in Florida in 2000.  It would serve the Gingrich and Santorum campaigns better to pick up the pieces, learn from what went wrong in Florida, and work in the remaining states on their schedules instead of using lawyers to chase after less than a dozen delegates.</p>
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		<title>Bo(eh)ned Again &#8211; Debt Edition</title>
		<link>http://norunnyeggs.com/2012/01/boehned-again-debt-edition/</link>
		<comments>http://norunnyeggs.com/2012/01/boehned-again-debt-edition/#comments</comments>
		<pubDate>Thu, 12 Jan 2012 04:26:49 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Budget Chop]]></category>
		<category><![CDATA[Economy Held Hostage]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11429</guid>
		<description><![CDATA[Tina Korbe had her innocence robbed when she discovered a CNSNews article on just how much debt has been added since the first continuing resolution was passed by the present Congress on March 4, 2011. Allow me to throw a few numbers out there (actually, more-or-less repeating a comment I left on the Hot Air [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://hotair.com/archives/2012/01/11/good-going-gop-house-thanks-for-increasing-the-debt-by-1-trillion-in-10-months/">Tina Korbe had her innocence robbed</a> when she discovered a <a href="http://cnsnews.com/news/article/spending-bills-passed-gop-house-increased-debt-1t-10-months">CNSNews article</a> on just how much debt has been added since the first continuing resolution was passed by the present Congress on March 4, 2011.  Allow me to throw a few numbers out there (actually, more-or-less repeating a comment I left on the Hot Air thread):</p>
<ul>
<li><b>$1,680,817,192,540.69 -</b> The average 52-week debt increase between 1/19/2010 (actually extending back to 1/20/2009 and Obama&#8217;s inauguration) and 3/4/2011 (the first CR from the current Congress).</li>
<li><b>$1,293,934,755,020.23 -</b> The average 52-week debt increase between 3/7/2011 (actually extending back to 3/8/2010 because it hasn&#8217;t been 12 months) and yesterday.</li>
<li><b>$1,045,531,781,579.60 -</b> The lowest 52-week debt increase of the Obama administration, between 8/2/2010 and 8/1/2011.  Not coincidentally, 8/1/2011 was the last full day of the several-month-long debt-ceiling fight, during which the federal government was pretty much unable to borrow additional money for several months.</li>
<li><b>$1,216,937,631,311.90 -</b> The latest 52-week debt increase, between 1/11/2011 and 1/10/2012 (the last date debt data was availalbe).</li>
<li><b>$769,700,000,000.00 -</b> The record yearly increase in nominal (current-dollar) gross domestic product, in 2005.</li>
<li><b>$830,400,000,000.00 -</b> The record seasonally-adusted-and-annualized increase in quarterly-reported GDP, between the second quarter of 2005 and the second quater of 2006.</li>
<li><b>$570,000,000,000.00-$600,000,000,000.00 -</b> The expected increase in nominal GDP for 2011.</li>
</ul>
<p>Why, it&#8217;s &#8220;wonderful&#8221; news that, instead of increasing debt at nearly 2 3/4 times the growth of GDP, we&#8217;re &#8220;only&#8221; increasing it at just over twice the growth of GDP.  As Monty over on the daily DOOM threads over at <a href="http://ace.mu.nu">Ace of Spades HQ</a> would say, &#8220;Welcome the newest senior member of the Loyal Order of the Terminally Boned.&#8221;</p>
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		<title>The &#8220;Not Quite Thunderdome&#8221; Debate</title>
		<link>http://norunnyeggs.com/2012/01/the-not-quite-thunderdome-debate/</link>
		<comments>http://norunnyeggs.com/2012/01/the-not-quite-thunderdome-debate/#comments</comments>
		<pubDate>Sat, 07 Jan 2012 17:56:49 +0000</pubDate>
		<dc:creator>Shoebox</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11425</guid>
		<description><![CDATA[It&#8217;s been a while since we&#8217;ve had the chance to poke fun at this group of mediocre candidates. Since last we gathered&#8230;.Michelle, I&#8217;m a tax attorney and, and GARDISIL!, Bachmann has dropped out. That leaves the following line up for a debate that may not be quite Thunderdome, but will likely have just as many [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s been a while since we&#8217;ve had the chance to poke fun at this group of mediocre candidates.</p>
<p>Since last we gathered&#8230;.Michelle, I&#8217;m a tax attorney and, and GARDISIL!, Bachmann has dropped out.</p>
<p>That leaves the following line up for a debate that may not be quite Thunderdome, but will likely have just as many bloody noses.</p>
<p>Mitt, How&#8217;s my air? Does my hair look ok?, Romney continues to lead by default.</p>
<p>Ron, Just because lots of whackos follow me doesn&#8217;t mean I&#8217;m a whacko, Paul moved into the top tier of candidates with an Iowa third place finish.</p>
<p>Rick, Pork, it&#8217;s not just the other white meat, Santorum</p>
<p>No more Mr. Nice guy Newt Gingrich, Rick, why can&#8217;t the whole country be like Texas, Perry and Jon, I supported Obama until I wanted to run for President, Huntsman will also be on board for tonight&#8217;s festivities.</p>
<p>Join Steve and me&#8230;sober or otherwise, for fun. One of us should get here by about 7:45 Central or so.</p>
<p>And, as an added bonus, Steve has committed to cover the Hair of the Dog debate tomorrow morning while I travel with the Things to another wrestling match.</p>
<p><iframe src="http://www.coveritlive.com/index2.php/option=com_altcaster/task=viewaltcast/altcast_code=624f4f5b89/height=550/width=470" frameborder="0" scrolling="no" width="470px" height="550px"></iframe></p>
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		<title>Virginia&#8217;s Presidential primary a 2-way race between Romney and Paul</title>
		<link>http://norunnyeggs.com/2011/12/virginias-presidential-primary-a-2-way-race-between-romney-and-paul/</link>
		<comments>http://norunnyeggs.com/2011/12/virginias-presidential-primary-a-2-way-race-between-romney-and-paul/#comments</comments>
		<pubDate>Sat, 24 Dec 2011 16:20:26 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11362</guid>
		<description><![CDATA[In case you were in a cave this week, Rick Santorum, Jon Huntsman and Michele Bachmann failed to turn in any signatures to get on Virginia&#8217;s March 6 Presidential primary ballot, while Rick Perry and Newt Gingrich had enough of their under-12,000 signatures (11,911 and 11,050 respectively) signatures invalidated by the Republican Party of Virginia [...]]]></description>
			<content:encoded><![CDATA[<p>In case you were in a cave this week, <a href="http://theothermccain.com/2011/12/22/report-huntsman-bachmann-santorum-fail-to-make-virginia-primary-ballot/">Rick Santorum, Jon Huntsman and Michele Bachmann failed to turn in any signatures</a> to get on Virginia&#8217;s March 6 Presidential primary ballot, while <a href="http://www.washingtontimes.com/news/2011/dec/23/ginrich-perry-leave-little-margin-error-va-nominat/">Rick Perry</a> and <a href="http://hotair.com/archives/2011/12/24/gingrich-also-fails-to-qualify-for-virginia-ballot/">Newt Gingrich</a> had enough of their under-12,000 signatures (11,911 and 11,050 respectively) signatures invalidated by the Republican Party of Virginia that they too missed the 10,000 (with at least 400 from each of the 11 Congressional districts).</p>
<p>That reminds me of Rep. John Nygren&#8217;s (R-Marinette) epic failure to get onto the recall ballot for the right to face Sen. Dave Hansen (D-Green Bay).  He turned in over 440 signatures, saw that number reduced to 424 on the Government Accountability Board&#8217;s initial review, and saw the GAB, at the urging of the Democrat Party of Wisconsin, strike another 26 to leave him 2 short.</p>
<p>For those of you wondering whether the 10,000 threshhold is so strenuous, nobody but the best-funded candidates can make the grade, do note tha <a href="http://rpv.org/sites/default/files/Deadlines%20Duties%20and%20Ballot%20Access%20Requirements%20for%20the%20Presidential%20Primary%20Election%203_6_12%20Rev%205.pdf">the candidates could start collecting signatures back on July 1</a>, and thus had over 5 1/2 months to get to 10,000.  Further, there were <a href="http://www.sbe.virginia.gov/cms/documents/ElectionResults/Feb12_RepublicanPrimary.pdf">6 candidates on the 2008 Republican</a> and <a href="http://www.sbe.virginia.gov/cms/documents/ElectionResults/Feb12_DemocraticPrimary.pdf">6 candidates on the 2008 Democrat</a> Virginia primary ballots, including Dennis Kucinich on the Democrat side.</p>
<p>The kicker is <a href="http://www.outsidethebeltway.com/gingrich-campaign-plans-pointless-illegal-write-in-campaign-in-virginia/">there is no such thing as a write-in candidate in a Virginia primary</a>, which makes the Gingrich campaign&#8217;s call for a write-in campaign moot.  That is different than Wisconsin, where a write-in candidate can get a spot on the general ballot in a recognized party&#8217;s spot (Republican, Democrat and Constituion Parties) if he or she gets 5% of the number that voted in the most-recent gubernatorial election and almost immediately after the primary complies with registration requirements.</p>
<p>The next bits of actual news (barring somebody shoving his or her foot in the mouth, or a successful court challenge from the Perry or Gingrich campaigns) in the Presidential campaign will be on January 3, and there is a Wisconsin component.  Not only is that the day of the Iowa caucus, but it is the day <a href="http://gab.wi.gov/sites/default/files/publication/64/presidential_ballot_access_memo_rev_12_2011_pdf_84386.pdf">the Wisconsin Presidential Preference Selection Committee meets</a>.  This group, consisting of the Republican and Democrat party chairs, a national committeeman and national committeewoman from the two parties, the Assembly speaker and minority leader, the Senate president and minority leader, and a chair selected by the 10 aforementioned, will choose who they believe should be on Wisconsin&#8217;s primary ballot on April 1.</p>
<p>There is a way for those not chosen by the party bosses to get on the ballot &#8211; collect 1,000 nomination signatures from each of the 8 Congressional districts between 1/3 and 1/31.</p>
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		<title>Double-dipping, Texas-style</title>
		<link>http://norunnyeggs.com/2011/12/double-dipping-texas-style/</link>
		<comments>http://norunnyeggs.com/2011/12/double-dipping-texas-style/#comments</comments>
		<pubDate>Sat, 17 Dec 2011 06:28:42 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11353</guid>
		<description><![CDATA[(H/T &#8211; Allahpundit) If you&#8217;re in Wisconsin, unless you&#8217;ve been in a cave the last several months, you&#8217;ve heard of the practice of double-dipping, as various state and local employees &#8220;retired&#8221; and then returned to state/local employment, sometimes to their old jobs in a pre-planned move a month later, collecting both the salary of the [...]]]></description>
			<content:encoded><![CDATA[<p>(H/T &#8211; <a href="http://hotair.com/archives/2011/12/16/perry-retires-early-begins-collecting-government-pension/">Allahpundit</a>)</p>
<p>If you&#8217;re in Wisconsin, unless you&#8217;ve been in a cave the last several months, you&#8217;ve heard of the practice of double-dipping, as various state and local employees &#8220;retired&#8221; and then returned to state/local employment, <a href="http://www.jsonline.com/news/wisconsin/uwgreen-bay-official-may-have-had-new-contract-ready-before-he-quit-131793993.html">sometimes to their old jobs in a pre-planned move</a> a month later, collecting both the salary of the job and the pension.  Indeed, the situation has become so far out of control that <a href="http://maciverinstitute.com/2011/09/rep-stroebel-moves-to-end-double-dipping/">Rep. Duey Stroebel (R-Saukville) introduced a bill</a> to limit the practice among those who &#8220;retire&#8221; and subsequently come back to work at least half-time at a position.</p>
<p><a href="http://www.texastribune.org/texas-politics/2012-presidential-election/perry-retires-boost-pension-pay/">According to the Texas Tribune, Texas governor, and candidate for the Republican Presidential nomination, Rick Perry one-upped</a> that back in January.  After an official with the Texas Employee Retirement System contacted him to tell him that he was eligible to do the career politican version of the double-dip, telling him that he &#8220;would be rather foolosh to not access what (he had) earned&#8221;, Perry did so, adding a gross pension payment of $7,698 per month to his $11,083 per month salary as governor.</p>
<p>The pension is being paid out as though Perry was a member of the &#8220;employee class&#8221;, despite Perry being an elected official for the entirety of his service to the state of Texas and continuing to serve as governor with no &#8220;sit-out&#8221; period.  How?  Let&#8217;s walk through it:</p>
<ul>
<li>Generally, elected state office-holders can choose to participate in the Texas ERS on the &#8220;elected class&#8221; track.  That gives, upon departure from office (and only as long as one isn&#8217;t in a state elected office), a pension equal to the number of years of service (including military service) times 2% of the district judge salary (currently $208.33 1/3 per month), not to exceed 100% of the district judge salary ($10,416.66 per month).</li>
<li>Non-elected state office-holders and employees automatically participate in the Texas ERS on the &#8220;employee class&#8221; track.  One can qualify for a pension with no reduction if one is at least 60 years old and one&#8217;s age and length of service (including military service) equals or exceeds 80 years.  For those who entered the &#8220;employee class&#8221; track after August 2009, that is the average of the 48 months of highest salary (it used to be 36) times 2.3% times the number of years of service.</li>
<li>Elected officials can transfer the entirety of their service (including military service) to the &#8220;employee class&#8221; track.  Since the two tracks are &#8220;separate&#8221;, one can &#8220;retire&#8221; as an &#8220;employee&#8221;, collect a pension as a &#8220;retiree&#8221;, and still remain in elected office.</li>
</ul>
<p>While Perry may not have been responsible for the abusive system, he is responsible for fully-participating in the abusive system.</p>
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		<title>Last call before the Iowa Caucus (?) debate drunkblog</title>
		<link>http://norunnyeggs.com/2011/12/last-call-before-the-iowa-caucus-debate-drunkblog/</link>
		<comments>http://norunnyeggs.com/2011/12/last-call-before-the-iowa-caucus-debate-drunkblog/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 15:38:11 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11349</guid>
		<description><![CDATA[At least promoter/broadcaster Fox News is promising tonight&#8217;s debate will be the last one before Iowa begins the delegate selection process. The debate is at 8 pm Central, and we&#8217;ll fire it up about 7:45. The 12/27 NewsMax debate, which before moderator/potential third-party candidate Donald Trump dropped out had only two candidates scheduled, is in [...]]]></description>
			<content:encoded><![CDATA[<p>At least <a href="http://www.foxnews.com/politics/2011/12/15/gop-candidates-looking-to-close-deal-in-last-chance-iowa-debate/">promoter/broadcaster Fox News is promising</a> tonight&#8217;s debate will be the last one before Iowa begins the delegate selection process.  The debate is at 8 pm Central, and we&#8217;ll fire it up about 7:45.  The 12/27 NewsMax debate, which before moderator/potential third-party candidate Donald Trump dropped out had only two candidates scheduled, is in serious doubt now.</p>
<p>The big news is from <a href="http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/iowa/iowa_romney_23_gingrich_20_paul_18">Rasmussen</a>, which has the current NotRomney experiencing the almost-inevitable bust after the boom.  It has Mitt Romney leading at 23%, up from 20% and second last month, Newt Gingrich at 20%, down from the leading 32%, Ron Paul at 18%, up from 10% and fourth (behind the departed Herman Cain last time), and Rick Perry at 10%, up from 6% and a multi-way tie for fifth.</p>
<p>As always, you&#8217;re on your own for liquor; between the bells and the blue-light words you&#8217;re going to need it.  Shoebox and I will once again be using <a href="http://www.coveritlive.com">CoverItLive</a>, so you don&#8217;t need to refresh to keep up.  Do feel free to comment in the window below; unless we get too many people, once we see you there, we&#8217;ll probably auto-approve you (unless we have no clue who you are).  If, for some reason, you don&#8217;t see the window, you should <a href="http://www.coveritlive.com/index.php?option=com_altcaster&#038;task=siteviewaltcast&#038;altcast_code=bb027d12e2&#038;height=550&#038;width=470" target="_blank">mash here.</p>
<p><iframe src="http://www.coveritlive.com/index2.php/option=com_altcaster/task=viewaltcast/altcast_code=bb027d12e2/height=550/width=470" scrolling="no" height="550px" width="470px" frameBorder ="0" allowTransparency="true"  ><a href="http://www.coveritlive.com/mobile.php/option=com_mobile/task=viewaltcast/altcast_code=bb027d12e2" >Last call for alcohol debate</a></iframe></a></p>
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		<title>How much down the UAW hole again?</title>
		<link>http://norunnyeggs.com/2011/12/how-much-down-the-uaw-hole-again/</link>
		<comments>http://norunnyeggs.com/2011/12/how-much-down-the-uaw-hole-again/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 09:16:09 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics - National]]></category>
		<category><![CDATA[bailout]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11338</guid>
		<description><![CDATA[It&#8217;s been a while since I last ran the numbers on the transfer of taxpayer wealth to UA&#8230;er, bailout of GM, Chrysler, and their affiliated credit companies. Due partly to the profit turned today by the UAW VEBA on GM&#8217;s bankruptcy, and due partly to wild claim from Car Cza&#8230;er, Commissar Steven Rattner that the [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s been a while since I <a href="http://norunnyeggs.com/2010/10/17-billion-down-the-hole-to-save-uaw/">last ran the numbers</a> on the transfer of taxpayer wealth to UA&#8230;er, bailout of GM, Chrysler, and their affiliated credit companies.  Due partly to the <a href="http://norunnyeggs.com/2010/12/somebody-will-profit-handsomely-from-government-motors-revisited/">profit turned today by the UAW VEBA on GM&#8217;s bankruptcy</a>, and due partly to <a href="http://www.therightscoop.com/obama-car-czar-we-never-said-taxpayers-would-get-gm-bailout-money-back/">wild claim from Car Cza&#8230;er, Commissar Steven Rattner that the taxpayers will get back all but $14 billion (I think The Right Scoop misquoted from the clip due to an off-camera cough) of the auto-related bailouts</a>, it&#8217;s time to once again go through what has and has not been recovered.  Thankfully, <a href="http://www.treasury.gov/initiatives/financial-stability/briefing-room/reports/tarp-transactions/DocumentsTARPTransactions/12-09-11%20Transactions%20Report%20as%20of%2012-07-11_INVESTMENT.pdf">the Treasury Department has a PDF-ed spreadsheet</a> to help track all the changes between last October&#8217;s look and the end of November 2011.  Before I do, however, I have to note <a href="http://weaselzippers.us/2011/12/14/today-obamas-car-czar-we-never-said-taxpayers-would-get-auto-bailout-money-back-before-obama-triumphantly-declares-all-taxpayer-funds-will-be-recovered/">Zip caught</a> the expiration of yet another Obama statement &#8211; that the Treasury would be paid back in full for the auto bailouts.</p>
<p>To review, back in the beginning of October 2010, $65.89 billion of the $72.59 billion spent on old General Motors, new Government Motors, old Chrysler, new Chrysler/UAW Motors/Fiat, Chrysler Financial, and GMAC/Ally (more-correctly called Government Bank), including $0.04 billion in notes taken out by new Chrysler I was previously unaware of, was still outstanding.  Since then, the Treasury has recovered:</p>
<ul>
<li>$13.50 billion from the sale of some of its common stock in GM between 11/18/2010 and 11/26/2010, leaving it with a 32.04% stake.</li>
<li>$2.14 billion from the early buyback by new GM of all the Series A preferred stock held by the Treasury.</li>
<li>$0.11 billion of the $0.99 billion in loans that remained at old GM, paid to the Treasury on 3/31/2011, 4/5/2011 and 5/3/2011 as old GM was liquidated.</li>
<li>$5.46 billion from new Chrysler to &#8220;fully&#8221; extinguish the TARP loans, including the previously-undisclosed notes, on 5/24/2011.  However, $3.5 billion of that repayment appears to have come from an Energy Department loan program meant for modernization of assembly plants dedicated toward fuel efficient/&#8221;clean&#8221; vehicles.</li>
<li>$0.56 billion from Fiat for the remaining 6.6% stake (plus the rights to &#8220;excessive&#8221; proceeds from the sale of the UAW&#8217;s share of new Chrysler) the Treasury held in new Chrysler on 7/21/2011.</li>
<li>A bit under $0.01 billion ($9.67 million) as the last bit of cash was wrung out of the remains of old Chrysler, credited on 12/29/2010.</li>
<li>$2.67 billion from Ally for the extinguishing of the Trust Preferred Securities held by the Treasury on 3/2/2011.</li>
<li>$0.79 billion in dividends on preferred stock in Ally between November 2010 and November 2011.</li>
</ul>
<p>The $25.24 billion recovered over the past 13 months brings the amount still outstanding from the bailout of the auto industry down to $40.65 billion.  The Treasury also converted 110 million of the nearly 229 million perferred shares it held in Ally to 531,850 common shares to give it control of 73.8% of the common shares.</p>
<p>The remaining claims on assets the Treasury holds are:</p>
<ul>
<li>500,065,254 common shares of new GM.  At yesterday&#8217;s close of $19.47 per share, the Treasury would get about $9.73 billion (give or take brokerage fees) if they were able to sell their 32.04% stake.</li>
<li>$0.88 billion in loans still owed by old GM, which will likely never be recovered.</li>
<li>A continuing stake in whatever assets can still be liquidated from old Chrysler, likely to be very minimal.</li>
<li>118,750,000 Series F-2 Preferred shares in Ally Financial, which if Ally does not pay $5.94 billion plus any outstanding dividend (9% annual dividend, or $0.53 billion per year) to extinguish the preferred shares, will be converted to, at the present value, 513,000 common shares in Ally at the end of 2016. The dividend through the end of 2016 would net the Treasury $2.67 billion.</li>
<li>981,971 common shares in Ally, which represents 73.8% of the outstanding common shares in the privately-held company.</li>
</ul>
<p><b>Last year&#8217;s estimate of $17 billion down the UAW hole once all the dust settles still seems quite operative, assuming the government is willing to let go of both GM and Ally.  If it&#8217;s not willing to let its seizures go, then far more money will have gone down the UAW hole.</b></p>
<p>Let&#8217;s compare that to the UAW take.  I previously covered the all-but-guaranteed $28.39 billion in post-bankruptcy payments from GM (not counting anything from the sale of the UAW&#8217;s stock in GM, currently worth $3.12 billion) on $20.36 billion in pre-bankruptcy liabilities from GM the UAW VEBA will get, and except for the dividend payments that have now made UAW&#8217;s profit official, nothing has changed.  I hadn&#8217;t covered the UAW&#8217;s recovery schedule of the $10.5 billion owed it by old Chrysler as, up until earlier this year, it had not fulfilled its (voluntary) promise to file reports with the SEC.  Now that it is filing the reports, that can be tracked.</p>
<p>Much like it did from GM, the UAW received the cash set aside by old Chrysler pre-bankruptcy for the VEBA.  In this case, it was about $1.5 billion.  For the remaining $9 billion in unsecured claims against old Chrysler for its VEBA, the UAW received what is currently a 44.7% stake in new Chrysler (after various options exercised by Fiat diluted its initial 67.7% stake) and a $4.59 billion unsecured note carrying an effective 9% annual interest rate and maturing in July 2023.  While the repayment schedule is back-loaded, payments did begin in 2010, with a $315 million payment in 2010 and a $300 million payment in 2011.  Assuming all the payments are made, the UAW will get $9.16 billion.</p>
<p>That does not include any money it might get from the liquidation of its stake in new Chrysler.  That is limited to $4.25 billion (plus 9% compounded annually starting from 2010, or about $5.05 billion if Chrysler goes public in January 2012 and the UAW sells its entire stake) with any excess going to Fiat after Fiat bought the Treasury&#8217;s rights to that excess for $60 million and the Canadian government&#8217;s rights to that excess for $15 million.  Fiat also holds a call option to buy up to 40% of the original UAW stake between mid-2012 and mid-2016 for, depending on whether Chrysler has gone public, either the going stock price or a formula.</p>
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		<title>Hey Hey Ho Ho</title>
		<link>http://norunnyeggs.com/2011/12/hey-hey-ho-ho/</link>
		<comments>http://norunnyeggs.com/2011/12/hey-hey-ho-ho/#comments</comments>
		<pubDate>Fri, 09 Dec 2011 20:44:12 +0000</pubDate>
		<dc:creator>Shoebox</dc:creator>
				<category><![CDATA[2012 Presidential Contest]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11336</guid>
		<description><![CDATA[Another debate is about to go! Join us, sober or drunk. This one is sure to be a lot of fun! Yet another Debate]]></description>
			<content:encoded><![CDATA[<p>Another debate is about to go!</p>
<p>Join us, sober or drunk.  This one is sure to be a lot of fun!</p>
<p><iframe src="http://www.coveritlive.com/index2.php/option=com_altcaster/task=viewaltcast/altcast_code=b3e7c62732/height=550/width=470" scrolling="no" height="550px" width="470px" frameBorder ="0" allowTransparency="true"  ><a href="http://www.coveritlive.com/mobile.php/option=com_mobile/task=viewaltcast/altcast_code=b3e7c62732" >Yet another Debate</a></iframe></p>
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		<title>The Solis &#8220;Miracle&#8221; &#8211; less than what was claimed</title>
		<link>http://norunnyeggs.com/2011/12/the-solis-miracle-less-than-what-was-claimed/</link>
		<comments>http://norunnyeggs.com/2011/12/the-solis-miracle-less-than-what-was-claimed/#comments</comments>
		<pubDate>Tue, 06 Dec 2011 17:22:43 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Politics - National]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11318</guid>
		<description><![CDATA[The Right Scoop flagged me to an interview Labor Secretary Hilda Solis did on The Bill Press Show yesterday (or at least it was posted yesterday) and asked whether I could look into a few claims she made at the beginning of the interview: Over the last 22 months, the economy added 3 million private-sector [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://therightscoop.com" target="_blank">The Right Scoop flagged</a> me to an interview <a href="http://www.youtube.com/watch?v=dvQ1ZMc8zYY" target="_blank">Labor Secretary Hilda Solis did on The Bill Press Show yesterday</a> (or at least it was posted yesterday) and asked whether I could look into a few claims she made at the beginning of the interview:</p>
<ul>
<li>Over the last 22 months, the economy added 3 million private-sector jobs.</li>
<li>Over the last 21 months, the average private-sector job gain was around 160 thousand.</li>
<li>Both numbers were significanly better than the George W. Bush record.</li>
</ul>
<p>It took a bit longer than I thought because I wanted to be a lot more thorough than the Labor Secretary, but it isn&#8217;t exactly all that Solis claims.</p>
<p>The first bit is the closest to the truth.  Using the Current Establishment Survey (the part of the jobs report that differentiates between the non-farm private-sector jobs and the government jobs), the economy did gain 2,926,000 jobs between January 2010 and November 2011.  While it is a bit of a stretch (like Ford&#8217;s stretch of the 302 V-8 into &#8220;5.0L&#8221;), it&#8217;s close enough for government work.</p>
<p>Unfortunately, the 21-month recovery in private-sector jobs, from February 2010 to November 2011, saw an average gain of 140,333 jobs per month.  I don&#8217;t call overestimating reality by over 14% close, especially when the CES covers roughly a third of all workers (or somewhere just north of 40 million).</p>
<p>The last item on the list requires a rather lenghty bit of explanation.  I could go the very-cheap route and point out that for the entirety of the Obama administration (starting with the change from January 2009 to February 2009 as the January surveys are taken before the Presidential inauguration), the private sector lost an average of 37,120 jobs per month, while over the 8 years of the Bush administration (again starting with the January 2001-February 2001 change and ending with the December 2008-January 2009 change), the private sector lost just an average of 6,800 jobs per month despite a full recession and 2/3rds of a second.  That would be way too easy, however.</p>
<p>I could also compare the first 21-month stretch of unbroken private-sector job growth under Bush to the current streak under Obama (average of +152,860 jobs/month to +140,333 jobs/month), but Bush&#8217;s streak began far later than Obama&#8217;s.  In fact, it was exactly one year later into the recovery, August 2003, that the jobs market stopped producing CES private-sector losses.</p>
<p>Using the CES numbers, the private sector added 705,000 jobs between July 2002 and April 2004, for an average of +33,570 per month.  The private sector added 2,947,000 jobs between February 2010 and November 2011, for the aforementioned average of +140,333 per month.  However, if the 22-month time frame is narrowed down to the last 6 months, the Obama recovery (May 2011-November 2011) lags behind the Bush recovery (October 2003-April 2004), with an average of +132,830 per month compared to an average of +144,500 per month.</p>
<p>The bad news is the CES, while it covers an estimated 1/3rd of the labor force, double-counts those who hold multiple jobs and pretty much misses those who are either self-employed or working at a start-up.  The Current Population Survey, though it is far smaller than the CES because it covers &#8220;only&#8221; 60,000 people each month, is still an order of magnitude bigger than your typical political survey, counts multiple job-holders only once and covers the portion of the survey who are self-employed.</p>
<p>The CPS chart that comes closest to the non-farm private payroll CES is the private wage-and-salaried non-farm workers chart.  Between July 2002 and April 2004, 1,987,000 more people found private-sector wage/salaried work (an average of +94,620 per month), while between February 2010 and November 2011, 3,103,000 more people found private-sector work (an average of +147,760 per month).</p>
<p>However, that still doesn&#8217;t include the self-employed.  While 299,000 more people were self-employed between July 2002 and April 2004, 364,000 fewer people were self-employed between February 2010 and November 2011.</p>
<p>Adding the two together nets 2,286,000 more people either self-employed or employed by a private entity between July 2002 and April 2004 (an average of +108,860 per month), and 2,739,000 more people either self-employed or employed by a private entity between February 2010 and November 2011 (an average of +130,430 per month).  The same &#8220;last-6-month&#8221; metric shows the same lag for the Obama recovery &#8211; +111,170 self-employed/private employed per month between May 2011 and November 2011, and +132,830 self-employed/private employed per month between October 2003 and April 2004.</p>
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		<title>Must See Wednesday &#8211; Bill Whittle explains the fundamental difference between the Tea Party Movement and the Occupy Movement</title>
		<link>http://norunnyeggs.com/2011/11/must-see-wednesday-bill-whittle-explains-the-fundamental-difference-between-the-tea-party-movement-and-the-occupy-movement/</link>
		<comments>http://norunnyeggs.com/2011/11/must-see-wednesday-bill-whittle-explains-the-fundamental-difference-between-the-tea-party-movement-and-the-occupy-movement/#comments</comments>
		<pubDate>Wed, 30 Nov 2011 21:26:05 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Politics - National]]></category>
		<category><![CDATA[Tea Party]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11315</guid>
		<description><![CDATA[Bill Whittle just destroys the myth that there is anything in common between the Tea Party Movement and the Occupy Movement in 5:50&#8230; I could try to summarize it, but all I would be doing is messing with near-perfection.]]></description>
			<content:encoded><![CDATA[<p>Bill Whittle just destroys the myth that there is anything in common between the Tea Party Movement and the Occupy Movement in 5:50&#8230;</p>
<p><iframe width="853" height="480" src="http://www.youtube.com/embed/m3m0EyCCs8U?rel=0" frameborder="0" allowfullscreen></iframe></p>
<p>I could try to summarize it, but all I would be doing is messing with near-perfection.</p>
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		<title>GOP members of the Super Committee &#8211; We were willing to give the Dems 89% of the tax revenues, and 91% of the tax hikes, they wanted</title>
		<link>http://norunnyeggs.com/2011/11/gop-members-of-the-super-committee-we-were-willing-to-give-the-dems-89-of-the-tax-revenues-and-91-of-the-tax-hikes-they-wanted/</link>
		<comments>http://norunnyeggs.com/2011/11/gop-members-of-the-super-committee-we-were-willing-to-give-the-dems-89-of-the-tax-revenues-and-91-of-the-tax-hikes-they-wanted/#comments</comments>
		<pubDate>Sun, 27 Nov 2011 04:48:36 +0000</pubDate>
		<dc:creator>steveegg</dc:creator>
				<category><![CDATA[Budget Chop]]></category>
		<category><![CDATA[Politics - National]]></category>
		<category><![CDATA[Taxes]]></category>

		<guid isPermaLink="false">http://norunnyeggs.com/?p=11298</guid>
		<description><![CDATA[In an editorial in the Washington Post, the Republican members of the failed Super Committee ripped the Democrats for insisting on no less than $1,000,000,000,000 in additional taxes between FY2012 and FY2021 versus the Congressional Budget Office extended-baseline between 2012 and 2021. They also admitted that the $250,000,000,000 in additional taxes versus the CBO extended-baseline [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.washingtonpost.com/opinions/the-supercommittee-failed-because-democrats-insisted-on-1-trillion-in-new-taxes/2011/11/24/gIQAZRI8wN_story.html">In an editorial in the <i>Washington Post</i>, the Republican members of the failed Super Committee ripped</a> the Democrats for insisting on no less than $1,000,000,000,000 in additional taxes between FY2012 and FY2021 versus the Congressional Budget Office extended-baseline between 2012 and 2021.  They also admitted that the $250,000,000,000 in additional taxes versus the CBO extended-baseline proposed by Sen. Pat Toomey (Real Disappointment-Pennsylvania) was but half of the additional tax increase they were willing to give the Democrats.</p>
<p>Before I get to the details of that, however, I do have to deal with the disingenuous part of the op-ed:</p>
<blockquote><p>Why do Republicans believe our proposal is preferable to the automatic 2013 rate increases? Apart from the fact that our economy could not withstand the almost $4 trillion tax increase, it would directly and adversely affect small-business investment decisions. Business decisions are highly sensitive to the rates of the capital gains, dividends and death tax, as well as marginal tax rates. That’s why Republicans would leave them alone and raise revenue instead by limiting personal itemized deductions and credits that have much less impact on investment decisions by small-business owners.</p></blockquote>
<p>That $3,949,000,000,000 tax increase from not extending the parts of current tax policy the Republicans wanted extended, as well as another $761,000,000,000 tax increase from expiring/expired tax policy the GOP didn&#8217;t mind seeing expire, <a href="http://norunnyeggs.com/2011/08/bottom-lining-the-debt-deal/">was already baked into the &#8220;debt deal&#8221;</a> that created the Super Committee.  While the method of getting the $39,221,000,000,000 in revenue the <a href="http://cbo.gov/doc.cfm?index=12316">CBO August 2011 baseline anticipates</a> between FY2012 and FY2021 was not specified in the &#8220;debt deal&#8221;, the fact that the CBO extended-baseline is the starting point means that the end result, and its attendant $4,710,000,000,000 tax increase, has been stipulated to by anybody talking about &#8220;additional&#8221; tax revenues.</p>
<p>As for the &#8220;much less impact&#8221;, that&#8217;s a bunch of Bravo Sierra.  The &#8220;rich&#8221; and &#8220;near-rich&#8221; aren&#8217;t exactly dumb; they would have quickly realized that what the federal government put in their right pocket, they vacuumed out the left at a faster rate, and the non-profits who depend on donations from the &#8220;rich&#8221; and &#8220;near-rich&#8221; would have been hit hardest.</p>
<p>Now to the other third of the GOP betrayal on taxes:</p>
<blockquote><p>The essence of the plan was to dramatically reduce the deductions and credits wealthier taxpayers can claim to reduce their tax liability. That would generate enough revenue to both permanently reduce marginal rates for all taxpayers and provide more than $250 billion for deficit reduction. Added to other receipts, taxes and fees, the Republican plan amounted to more than $500 billion in deficit reduction revenue and $900 billion in spending reductions.</p></blockquote>
<p>In order for an amount to be counted as &#8220;deficit reduction revenue&#8221;, it would have to make the FY2012-FY2021 revenue number larger than $39,221,000,000,000.  Fortunately, since the resulting reduction in debt service is also scored for the purposes of debt reduction, any tax hike is slightly less than the amount of deficit reduction.  While I haven&#8217;t seen any actual scoring of the final GOP plan, assuming it would raise taxes equally each year on an inflation-adusted basis, it would need to result in roughly $478,000,000,000 in new taxes beyond what was already baked in.</p>
<p>That brought the total amount of taxes the Republicans were willing to offer to $39,699,000,000,000, a $5,188,000,000,000 increase from extending current policy, and (using static analysis) a tax take of 20.9% of GDP in FY2020 (where it would be in FY2021 with no tax-code changes and no economic collapse) and 21.1% of GDP in 2021, both new national records.  That, however, was not enough for the Democrats.  From the op-ed one last time:</p>
<blockquote><p>At no time in the negotiations did the Democratic committee members drop their insistence that, one way or the other, any deal had to include a trillion dollars in new taxes.</p></blockquote>
<p>Adding $1,000,000,000,000 to the CBO extended-baseline revenue would bring taxes to $40,221,000,000,000, a $5,710,000,000,000 increase from extending current policy.  Assuming the economy doesn&#8217;t enter a recession like it has the 5 times since World War II that the federal tax take broached the 19% GDP barrier, the new national record of 20.9% GDP would have been reached in FY2017, and reset every year thereafter with it hitting 21.3% GDP in FY2021.</p>
<p>As for the percentages in the title, the GOP offered up just shy of 89.5% of the tax revenues and, compared to extending current tax policy, 90.9% of the tax increases, the Democrats demanded.  Indeed, the GOP continued its decade-long assault on the near-rich by targeting them and only them for removal of tax deductions while holding the poor essentially harmless, and the &#8216;Rats couldn&#8217;t hear them over Queen&#8217;s &#8220;I Want It All&#8221;.</p>
<p><a href="http://norunnyeggs.com/2011/11/gop-members-of-the-super-committee-we-were-willing-to-give-the-dems-89-of-the-tax-revenues-and-91-of-the-tax-hikes-they-wanted/"><em>Click here to view the embedded video.</em></a></p>
<p><i>Revisions/extensions (8:42 am 11/28/2011) -</i> <a href="http://nicedoggie.net/?p=3165">Emperor Misha links</a> and has a kick-ass close:</p>
<blockquote><p>So yeah, the collapse of the StuporCommittee was really the best thing that could have happened and, furthermore, it is pretty clear to us that there is a LOT more housecleaning that needs to be done in the GOP next year.</p></blockquote>
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