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Obama discourages struggling banks from hiring qualified managers

Hoping to win favor for adding trillions of dollars in additional bailouts for banks to his already-struggling government expansion plan, President Barack Obama announced yesterday the imposition of salary caps on executives whose banks receive TARP funds.

In other words, if your bank is struggling and its failure could throw the economy deeper into turmoil, Barack Obama wants to make it even harder to hire the managers you need to stay in business.

Voter opposition to Obama $1.2 trillion spending plan grows

More bad news for the Obama administration.  Support for his $1.2 trillion government expansion plan continues to plummet, with a plurality of voters now opposing it.

Even worse for Obama, half of all voters now say his plan will do more to hurt the economy than help it and Americans are more worried the government will do too much than do too little.

The latest Rasmussen Reports national telephone survey finds only 37 percent of voters still support the plan.  A whopping 43 percent oppose the Obama plan.  Twenty percent are not sure.

Dems plan $246 million tax break for Hollywood pals, tax hikes for others

President Barack Obama may criticize performance bonuses for some as "shameful," but he has no shame about a quarter-billion dollar tax break for his most loyal supporters, who just announced record profits.

Your Monday Message

Dear friend,

2009 may be a “down year” for Republicans and Democrats looking ahead to congressional and gubernatorial races in 2010, but Libertarians are on the move.

Your Libertarian Party is hard at work fighting for open elections in West Virginia and Oklahoma, recruiting candidates for state races in New Jersey and Virginia and looking to fill an open congressional seat in New York.

And that’s just this week!

Glenn Beck: 'I'm more and more libertarian'

Popular conservative talk radio personality and Fox News Channel host Glenn Beck is bringing more than his trademark wit to cable news.  He's bringing an evolving philosophy.

"'Every day that goes by, I'm more and more libertarian," Beck told The Miami Herald.

Mulshine: Republicans now trying to sound like Libertarians

Syndicated columnist Paul Mulshine of the Newark Star-Ledger expresses his surprise today over reports the Republican Party has discovered fiscal conservatism again.

As Mulshine points out, the Libertarian Party and its 2008 presidential nominee, former congressman Bob Barr, opposed taxpayer-funded bailouts and explosive government growth back when the GOP was espousing it as bedrock principle.

Examiner editor: Facts about the so-called stimulus

Washington Examiner editorial page editor Mark Tapscott, with the help of the Heritage Foundation, takes his pen to Obama's $1.2 trillion government spending plan, citing some of the better reasons to oppose it.

Tapscott also covers something that annoys me when anti-capitalists talk about their "green" jobs.  They're not new jobs.  They're just unstable replacements for already-existing, good-paying jobs.

Politico: Obama $1.2 trillion spending plan riddled with pork

Despite promises by the Obama administration his $1.2 trillion government spending plan will be free of earmarks and pet projects, The Politico reports today the bill is so laden with lard the Capitol may have to be rezoned as a rendering plant.

Obama spending plan more expensive than New Deal/Iraq war combined

The blog Suitably Flip puts the cost of Obama's $1.2 trillion government expansion plan into perspective.

Should we send him a Snuggie?

If I was wearing a hat right now, I'd tip it to "The Chilling Effect" for picking up on this.

Candidate Barack Obama on May 16, 2008, campaigning in Oregon:

"We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times."

President Barack Obama on January 28, 2009, as reported by The New York Times:

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