Category Archives: Business

Lockmart Will Violate The Law

“…at their peril“:

“Lockheed Martin will give into the administration and ignore the law at their peril,” Graham warned. I asked what happens if the president attempts to reimburse them? “If he tries to go through Congress, well, that’ll never happen.” And if he tries to reallocate funds? “We would shut that down. The Constitution has a balance of powers for a reason. Congressional law cannot be unilaterally discarded by the executive branch.” Indeed, congressional Republicans will perhaps have an easier time controlling the purse strings than they have in reversing the White House’s course. In August, the Democratic senate voted down an effort led by Graham to force defense contractors to comply with the law, when the senate’s Appropriations Committee rejected by 17-13 an amendment that would have overruled the Labor Department’s advisory.

This is the most outrageous flouting of the law yet. It is shameful that Lockheed Martin is being put in this position, but if I were them, I’d obey the law. Morality aside, they can’t count on this administration coming to their rescue later. It’s clear that it, and the Democrat Party in general, has zero integrity.

Joe Biden Is Right

Three charts that prove the blind squirrel found an acorn.

[Update a while later]

Poor media. Biden has forced them to actually cover the middle class:

On the Biden remark, the media sure seemed miffed to have to respond to the Romney campaign (hey, who’s running this race anyway!), and more importantly to be dragged against their will into a policy discussion. Now that was the reason, of course, the Romney-Ryan ticket pounced on Biden. They’ve been talking about their five-point plan to restore the middle class for months, but the media yawns. Two conservative studies were released Tuesday showing that the middle class will shoulder some of the tax burden associated with debt repayment. Again, the media yawned. So when opportunity presented itself, who could blame the Romney-Ryan team for ramping up the volume? At least they got the media to report that the middle class has lost ground under Obama.

And that darn Ryan, with his gaffe about how he agrees with Joe.

Alliterative Comment

du jour:

Elect a big-spending no-show community organizer (who golfs all day) as the government’s bread-winner in chief, and government income plummets and debts skyrocket. Any medieval village idiot could’ve predicted that as an inevitability, no? 😀

Obama’s solution? Demand that the few people who still have a job give him more money, faster! Then call them stingy because they’re not tossing enough $20′s in his violin case. Maybe if he had an economic model that wasn’t based on bitching, bailouts, begging, browbeating, borrowing, bragging, bribing, bamboozling, and bankrupting the bourgeiosie, the economy would recover on its own.

A brilliant blast.