special education

special education

— Only 22 days ago, on July 21, when President Barack Obama signed the Dodd-Frank financial regulation bill, he promised that there would be no more taxpayer-funded bailouts.  Promises from the Obama administration are remarkably ephemeral.  It is better to simply pay no attention to such declarations.  The New York Times reports today that “the Obama administration pumped $3 billion into programs intended to stop the unemployed from losing their homes” including a program (bailout) announced by HUD that “will draw on $1 billion authorized by the new financial overhaul law.”

The administration is drawing on Dodd-Frank bailout funds because the previous mortgage bailout fund — the Home Affordable Modification Program (HAMP) — has been, according to the Special Inspector General for the TARP.

— Then there’s the $16.1 billion Medicaid bailout. Congress has already bailed out state Medicaid programs three times this decade.  The most recent was part of the $862 billion stalled economic stimulus bill.  Every state should have known that stimulus funding expired at the end of this year.  Thirty states built their budgets on the basis that President Obama would bail them out for 2o11 as well.  The states that budgeted prudently and planned for the stimulus to expire are paying for the bailouts of the 30 states that can’t control their Medicaid spending.

— The President says we need the $10 billion Government Union Bailout to keep your child’s teacher from being fired this fall. The schools that “fired” teachers this spring have already begun to hire them back.  If teachers unions were really concerned about saving teachers jobs, they would agree to pay-freezes or to paying some of the cost of their own health care.  But it is clear that the bailout is about union dues revenue, not your children’s education.

— The President wanted these new bailouts to simply be tacked onto the deficit.  The Senate got cold feet.  Senate Majority Leader Harry Reid (D-NV) got unusually creative, and found $11.9 billion in food stamp stimulus funds that had not yet been spent, and could be re-appropriated.  Democrats promptly told the Huffington Post that they will work to make sure that the cuts never take place.

— As a sign that Democrats are getting worried, they are attempting to “pay for” their bailouts by scrounging up some income from the other side of the ledger.  In this case the bailouts are paid for by a $10 billion tax hike on American companies that compete overseas.  Democrats seem to believe that punishing firms that expand their businesses in foreign countries will somehow increase employment here at home.  For every worker employed by a U.S. subsidiary in a foreign country, 2.3 Americans are employed here.

— In the administration, and in the leadership in Congress, there is a dearth of people who have ever worked in the private sector.  They have no experience of business and simply do not understand its workings. When budgets things to be fudged, accounts jiggled, and you dig around in different pockets of other people’s money, these things are just not as serious as they are in the private sector, where if the books don’t balance, it can be a firing offense.  CEOs may get pay on a scale that offends many who think that business is somehow a lesser pursuit than “public service,” but if the company does not prosper, their tenure at the company is brief.

Fortunately, Congress has returned to their summer vacation.

— Only 22 days ago, on July 21, when President Barack Obama signed the Dodd-Frank financial regulation bill, he promised that there would be no more taxpayer-funded bailouts.  Promises from the Obama administration are remarkably ephemeral.  It is better to simply pay no attention to such declarations.  The New York Times reports today that “the Obama administration pumped $3 billion into programs intended to stop the unemployed from losing their homes” including a program (bailout) announced by HUD that “will draw on $1 billion authorized by the new financial overhaul law.”

The administration is drawing on Dodd-Frank bailout funds because the college in punjab previous mortgage bailout fund — the Home Affordable Modification Program (HAMP) — has been, according to the Special Inspector General for the TARP.

— Then there’s the $16.1 billion Medicaid bailout. Congress has already bailed out state Medicaid programs three times this decade.  The most recent was part of the $862 billion stalled economic stimulus bill.  Every state should have known that stimulus funding expired at the end of this year.  Thirty states built their budgets on the basis that President Obama would bail them out for 2o11 as well.  The states that budgeted prudently and planned for the stimulus to mba college punjab india expire are paying for the bailouts of the 30 states that can’t control their Medicaid spending.

— The President says we need the $10 billion Government Union Bailout to keep your child’s teacher from being fired this fall. The schools that “fired” teachers this spring have already begun to hire them back.  If teachers unions were really concerned about saving teachers jobs, they would agree to pay-freezes or to paying some of the cost of their own health care.  But it is clear that the bailout is about union dues revenue, not your children’s education.

— The President wanted these new bailouts college punjab india to simply be tacked onto the deficit.  The Senate got cold feet.  Senate Majority Leader Harry Reid (D-NV) got unusually creative, and found $11.9 billion in food stamp stimulus funds that had not yet been spent, and could be re-appropriated.  Democrats promptly told the Huffington Post that they will work to make sure that the cuts never take place.

— As a sign that Democrats are getting worried, they are attempting to “pay for” their bailouts by scrounging up some income from the other side of the ledger.  In this case the bailouts are paid for by a $10 billion tax mba college in india hike on American companies that compete overseas.  Democrats seem to believe that punishing firms that expand their businesses in foreign countries will somehow increase employment here at home.  For every worker employed by a U.S. subsidiary in a foreign country, 2.3 Americans are employed here.

— In the administration, and in the leadership in Congress, there is a dearth of people who have ever worked in the private sector.  They have no experience of business and simply do not understand its workings. When budgets things to be fudged, accounts jiggled, and you dig around in different pockets of other people’s mba college in punjab money, these things are just not as serious as they are in the private sector, where if the books don’t balance, it can be a firing offense.  CEOs may get pay on a scale that offends many who think that business is somehow a lesser pursuit than “public service,” but if the company does not prosper, their tenure at the company is brief.

Fortunately, Congress has returned to their summer