The Next Spending Bill On Horizon

AP has released an article describing the Democrat’s proposed $410 Billion appropriations package.  The bill includes thousands of earmarks totalling at least $3.8 Billion.  It is also 8% larger than the bill from last year, well in excess of inflation.

Democrats are claiming the excess is necessary to counteract cuts the Bush administration put in place.  Republicans are claiming that the raises are well in excess of the cuts when combined with the recently passed stimulus package.

In addition to the financial considerations, the bill includes loosening restrictions on travel and trade to Cuba.

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Posted under Economy

Written by admin on February 24, 2009

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DeMint to Push Fairness Doctrine Vote

The Business & Media Institute is reporting that Sentor DeMint (R-SC) is planning on adding the Broadcaster Freedom Act to the D.C. Voting Rights bill next week.  This amendment would prevent the FCC from reinstating the Fairness Doctrine.

Attached is audio of Bingaman (D-NM) stating his support of the fairness doctrine.  Unfortunately, the Fairness Doctrine will only limit free speech instead of promoting it.  Currently the media is open and all viewpoints have equal opportunity to be heard.  Success and failure is based upon the ability of those viewpoints to hold an audience.

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Posted under Media

Written by admin on February 20, 2009

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Rick Santelli Nails Mortgage Bailout

Here is a video of Rick Santelli on CNBC.  He gets vocal about Obama’s proposed $275 Billion (to be funded by more debt of course) mortgage bailout plan.  Rick gets a ton of support from those on the trading floor in Chicago.  He shouts out at one point “President Obama, are you listening?” It seems apparent that the backlash on Obama’s policies is growing.

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Posted under Economy

Written by admin on February 19, 2009

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Sensor Issues Causing Underestimation of Sea Ice

Photo by Timothy K Hamilton

The National Snow and Ice Data Center is one of the key organizations in tracking sea ice coverage.  Yes, this is the same organization that thought an ice-free polar region was possible by September of 2008.  It appears that they have had sensor issues that have caused them to incorrectly report some sea areas ice-free when they were actually ice-covered.  They have reported that they have under-reported ice coverage by 500,000 square kilometers.  NSIDC has removed their invalid data and are searching for other data sets to find accurate information.

Sea ice is currently tracking higher than the previous 4 years.

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Posted under Climate

Written by admin on February 19, 2009

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