“Reagan believed that there were constitutional limits on federal power, yet he understood that constitutional arguments wouldn’t resonate with modern Americans, living in a highly mobile society defined by technological and social change. Perry and Paul are offering a federalism rooted in constitutional nostalgia. Reagan offered a federalism that looked to the future.”—Columnist Reihan Salam argues that Reagan did federalism better. (via thedailyfeed)
Limbaugh: Colin Powell Will Vote For Obama Because "Melanin Is Thicker Than Water"
" … Rush Limbaugh said on his radio show today that former Bush Secretary of State Colin Powell will vote for President Obama again because “melanin is thicker than water.” Powell, considered a Republican, heavily supported Barack Obama in 2008, but came out over the weekend saying he had not yet decided who will get his vote in 2012. … “
3) President Obama bailed out the banks. Reality: While many people conflate the “stimulus” with the bank bailouts, the bank bailouts were requested by President Bush and his Treasury Secretary, former Goldman Sachs CEO Henry Paulson. (Paulson also wanted the bailouts to be “non-reviewable by any court or any agency.”) The bailouts passed and beganbefore the 2008 election of President Obama.
5) Businesses will hire if they get tax cuts. Reality: A business hires the right number of employees to meet demand. Having extra cash does not cause a business to hire, but a business that has a demand for what it does will find the money to hire. Businesses want customers, not tax cuts.
8) Government spending takes money out of the economy. Reality: Government is We, the People and the money it spends is on We, the People. Many people do not know that it is government that builds the roads, airports, ports, courts, schools and other things that are the soil in which business thrives. Many people think that all government spending is on “welfare” and “foreign aid” when that is only a small part of the government’s budget.