Newslinks for Monday August 29, 2011Posted on 08/29/2011
6:30pm The Republican: And in other predictable news, Rick Perry dominates another national poll - this one by CNN
4:15pm The Republican: In defense of Rick Perry's "Ponzi scheme" comments
12:45pm The Republican: Obama kills al Qaeda's second-in-command, sees approval ratings fall
11:00am The Republican: Three important reads as we anticipate Obama's jobs agenda:
- Paul Roderick Gregory writes at Forbes: “Obama cannot propose a real jobs program. His constituents would rebel. A real jobs program attacks too many of the core beliefs of his party."
- Scott Shane writes at The American that Obama's 2012 budget contains tax increases that will hit entrepreneurs and small businesses especially hard, so a jobs agenda that doesn't address those problems isn't really a jobs agenda.
- Edward Muller and Larry Zimpleman offer a list of recommendations in today’s WSJ about how to spur new business formation.
Ryan Streeter on The Republican: Party of Change, and the Party of Stasis: Three things that should be separating Republicans from Democrats going into 2012
Repeal, reduce, rein in: House Republicans ready their fall agenda
"House Republicans are planning votes for almost every week this fall in an effort to repeal environmental and labor requirements on business that they say have hampered job growth. With everyone from President Obama to his Republican challengers in the 2012 campaign focusing on ways to spur economic growth, House Republicans will roll out plans Monday to fight regulations from the National Labor Relations Board, pollution rules handed down by the Environmental Protection Agency and regulations that affect health plans for small businesses. In addition, the lawmakers plan to urge a 20 percent tax deduction for small businesses." - Washington Post
Obama to 'double down' on jobs message - Washington Examiner
RSC aims to mend fences, advance 'growth agenda'
"A bloc of conservative House Republicans is planning to unveil a jobs agenda to rival a forthcoming proposal by President Barack Obama — attaching “growth” to its trademark Cut, Cap and Balance plan. But the group, the Republican Study Committee, headed by Rep. Jim Jordan, is treading gingerly on what its proposal will include in the wake of a backlash caused by some of its aggressive moves during negotiations over increasing the debt ceiling." - Roll Call ($)
Editorial: Obama's regulatory flood is drowning economic growth - Washington Examiner
Rep. Ron Paul: Bernake is out of options
"Chairman Ben Bernanke is not calling for another fix to the economy by the Federal Reserve because he's already used up all the quivers in the Fed's bow, Rep. Ron Paul said Sunday. Paul is a 2012 Republican presidential candidate and supports the U.S. returning to the gold standard to protect its currency and force a balanced budget. He has been highly critical of the Federal Reserve and its chairman over plans for "quantitative easing," a two-part program which flooded the market with dollars in an attempt to make money more available for borrowing and lending. Paul argued that Bernanke's plan to buy bank assets and drop more than $2 trillion into the economy did not yield the results the chairman hoped, a conclusion that Paul says Bernanke implicitly acknowledged during a speech last week in which he offered no new bailout programs from the Fed." - Fox News
Clive Crook: Bernake's missed QE3 opportunity - FT ($)
"Irene shut down Broadway, took a bite out of Hollywood's box office, closed casinos in New Jersey and canceled thousands of East Coast flights. But the economic fallout had been predicted to be far worse. The full cost of the storm, which caused widespread flooding and has so far resulted in at least 22 deaths, was still uncertain as insurance experts began tallying the estimated damage Sunday. Overall, the storm, which was downgraded from a hurricane to a tropical depression Sunday, could cost insurers $1.5 billion to $3 billion to cover claims for damaged homes, vehicles and businesses, said Jose Miranda, director of client advocacy at Eqecat Inc., a catastrophic risk management firm in Oakland. Total damage, including uninsured losses, could range from $5 billion to $7 billion, he said." - LA TImes
- "Irene, although downgraded to a tropical storm and far less potent than originally imagined, was responsible for nearly 20 deaths and cut electricity to more than a million people. The mid-Atlantic spent Sunday assessing the damage and making repairs." - Washington Post
- FEMA redirects funds in the wake Hurricane Irene - Washington Post
- "As Irene bore down on the East Coast, governors, mayors and Obama made sure to be seen driving preparations. They were spurred not only by the need to ensure public safety, but by the lessons of Hurricane Katrina." - WSJ
- "Delaware was pounded by Hurricane Irene on Saturday night, but Vice President Biden got in one last round of golf in his home state before the heavy stuff started coming down." - Fox News
- Editorial: "Irene is Obama’s punishment - too much regulation isn’t enough for radical greens" - Washington Times
- "Glenn Beck, ex-Fox News host: Hurricane Irene is a 'blessing' from God" - New York Daily News
> Yesterday on Video: Gov. Chris Christie weighs in on hurricane response efforts: "The key is we’ve tried to keep people informed, be fully transparent, to lower fear and raise confidence, and I think that’s the best thing a governor can do in this"
Rick Perry: Not a George W. Bush Republican
"Texas Gov. Rick Perry, like most of the other the GOP presidential hopefuls, says his campaign is about undoing the decisions of President Obama. But Perry also presents a stark alternative to the last Republican to occupy the White House, his fellow Texan George W. Bush. In his writings and speeches before he entered the race, Perry shared the view, widely held among conservatives, that Bush’s government spending habits in office were a betrayal of the GOP’s core fiscal principles. But Perry went further, dismissing “compassionate conservatism,” the central tenet of Bush’s domestic policy, as just more overreach by the federal government." - Washington Post
Perry on Social Security: "It is a Ponzi scheme for these young people. The idea that they're working and paying into Social Security today, that the current program is going to be there for them, is a lie" - Houston Chronicle
Romney-Perry, Perry-Romney domain names selling for $50k
"The owner of the domain names Romney-Perry2012.com and Perry-Romney2012.com has put a price on the rights to the websites: $50,000 each. The auction is a clear sign that the presidential race is heating up, as the cottage industry of presidential domain names gears up for profit. It is far from certain, of course, whether Romney or Perry will win the GOP nomination. And the chances of them being on the same ticket are far less than 50-50. But that didn't stop Niels Jeffreys from buying the rights to the domain names. Jeffreys, who purchased the rights to the websites earlier this month, has advertised the domain names on GoDaddy.com. No bids have been placed yet, but Jeffreys -- who said in an email he lives in Thailand -- is hoping to cash in later in the presidential cycle." - The Hill
Sen. Marco Rubio ignores 'VP push'
"While the field for the Republican presidential nomination is crowded and up for grabs, many pundits and politicos are ready to proclaim a front-runner for the ticket’s second spot — Florida’s Sen. Marco Rubio. “There are very few candidates that have such a broad Republican appeal and a chance to reach voters that Republicans are having a hard time” winning over, said Florida Atlantic University political science professor Kevin Wagner. Mr. Rubio, 40, has served in the Senate for less than eight months and the 2012 Republican National Convention is a year away. But for now the dapper, articulate and ambitious Miami native — who is admired by tea party activists and the party’s establishment alike — is the sexy choice for the GOP’s vice presidential candidate." - Washington Times
- "With Rick Perry and Mitt Romney now leading the field, the Republican presidential contest is creating a new chapter in the story of two men who have occasionally clashed and who have markedly different personal styles." - WSJ
- "A slew of professional athletes, coaches and sports executives have made political donations this year to President Obama and Republican candidates running for the White House." - The Hill
- "Michele Bachmann was in Sarasota Sunday, where she discussed drilling in the Everglades, Marco Rubio and Gov. Rick Perry." - Miami Herald
- "President Obama’s re-election campaign has appropriated for its voter-registration operation the name of an existing group, Project Vote, that has been the target of voter-fraud complaints tied to the much-criticized and now-defunct activist group" - Washington Times
> Yesterday on The Republican: Cain comes out on top in home state straw poll
"Retreating loyalists of Muammar Qaddafi killed scores of detainees and arbitrarily shot civilians over the past week, as rebel forces extended their control over the Libyan capital, survivors and a human rights group said Sunday" - CBS News
- Lockerbie bomber found 'in coma' in Tripoli - CNN
- Niall Ferguson: "[Gaddafi's] fall is proof that America can still topple a rogue regime. What comes next may underscore our impotence." - Newsweek
- The birth of a free Libya - The Economist
Lawyer for two Americans jailed in Iran appeals - ABC News
Iran's Ahmadinejad: No place for Israel in region - Fox News
Ross Douthat: Some points to keep in mind when asking politicians about faith - New York Times
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