Published July 28, 2010
I always say I lead the program with any mistakes — and boy, I made big one. When Obama took over control of General Motors, I said on the air many, many times that the government would mess them up even more.
Well, looks like I'm eating those words today.
Here's President Obama in the all-new Chevy Volt, the electric car that goes 40 — count 'em, 40 — miles before the electricity runs out. And it can all be yours for the low-low price of $41,000. That's quite an accomplishment. The Nissan Leaf goes 100 miles and cost $32,000.
So I apologize, Barack Obama has clearly turned that ship around.
In a completely unrelated story, a new energy bill was proposed by the Democrats and, surprise-surprise, it includes more taxes on oil companies and refiners, while giving breaks to green cars — like the Volt or the Leaf.
So guess what? Your energy prices will necessarily skyrocket. But we don't know exactly how much, because the bill doesn't say how much the tax will be. We'll let a bureaucrat — maybe Cass Sunstein — decide that one.
A judge has just blocked the portion of the Arizona immigration law that deals with the papers and the part that keeps illegals from working and the part that lets police ask if they are illegal. Oh, that's it? That's only the entire bill.
Also, the Massachusetts legislature approves a plan to bypass Electoral College. Illinois, New Jersey, Hawaii, Maryland and Washington have already approved similar measures. State Senator James Eldridge says they want the popular vote to decide the presidency because presidential candidates ignore "wide swaths of the country." Right, and without the Electoral College, I'm sure candidates will spend all kinds of time in Iowa or Georgia or Rhode Island.
This is a progressive dream: Red states become irrelevant and we no longer have a republic, we officially have a democracy, which our Founders warned us wouldn't last.
And finally, from the most-transparent administration ever: The FrankenDodd Financial Bill has a nice little treat for the SEC. Reports and other information provided to the SEC or any self-regulatory organization will be excluded from the scope of Freedom of Information Act requests.
I know it sounds bad, but don't worry. The SEC released this statement today to calm your fears:
"Because of the significant rulemaking envisioned under the new regulatory reform law, the public will have an opportunity to voice its views before rules or amendments are even proposed, as well as to see what others are saying to the agency about these issues. To facilitate public comment, the SEC is providing a series of e-mail links on its website."
See? If you have a problem, just go to the SEC's website.
How in the world did we arrive here?
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