Caught My Eye

Four tidbits on the Internet that have recently caught my eye:

1. According to the Congressional Budget Office the cost of Obamacare is now estimated at $1.76 trillion over ten years (and well over $2.5 trillion if you count other implementation costs according to Charles Krauthammer on Fox News last night) as opposed to the "around $900 billion" that Obama promised in order to get this monstrosity "passed" through Congress ... see: Washington Examiner Piece).

2. Relatively unnoticed, President Obama's Pentagon is also proposing to save $13 billion by 2017 by upping the premiums on military health care benefits ... see: NY Post Article.  Shame on them!

3. A relatively obscure Bureau of Labor Statistics table is now getting some media attention.  It is called "U-6" and it highlights the structural unemployment in the United States.  Are you ready for the (more) realistic number?  It's 14.9% ... see BLS Release.  Yes, it has come down too, but it is still quite a bite higher than the 8.3% figure ballyhooed by the national media.

4. As part of its fire-hose crony-capitalism spending,  the Department of Energy provided a loan guarantee to a car company of $529 million to build cars in Finland ... see: ABC News Report.  Here is a quote from Consumer Reports when it tried to check out this new "green" car (the electric Fisker Karma): “We buy about 80 cars a year and this is the first time in memory that we have had a car that is undriveable before it has finished our check-in process.”

Oh yes, and one more ... yesterday U.S. Marines were disarmed when our Secretary of Defense, Leon Panetta, spoke to them in Afghanistan ... a clear affront to our proud soldiers by our lily-livered empty suits.   See: The Telegraph Article.

And so, to bed ...