At 7 a.m., Representative Ron Paul (R-Texas) announced on “Good Morning America” (GMA) his intention to run in 2012 for President of the United States. This is Paul’s third bid for the Presidency. In 1988, he ran on the Libertarian ticket, and he ran again 20 years later as a Republican. In his time in the House, Paul has established one of the most consistently conservative voting records of any Congressman.
The reported death of Osama bin Laden won’t lead to a reduction in the amount the United States government spends each year in response to the terrorist attacks that occurred on Sept. 11, 2001. According to an article on MoneyNews.com, “The financial bleeding won’t stop with bin Laden’s demise. One of every four dollars in red ink the U.S. expects to incur in the fiscal year beginning Oct. 1 will result from $285 billion in annual spending triggered by the terrorist scion of a wealthy Saudi family.”
My goodness gracious, what a week it has been for wild and wacky news stories. First, the President of the United States finally succumbed to the mounting controversy and asked the State of Hawaii to produce some evidence that he was actually born there. In fact, President Barack Obama had an aide fly from Washington to Honolulu to pick up the “Certificate of Live Birth.”
In 43 BC, warring consuls Antony, Lepidus and Octavian were duking it out with each other over control of Rome following Julius Caesar’s assassination the prior March. Each had legions at his disposal, and Rome’s terrified Senate sat on its hands waiting for the outcome. Ultimately, the three men chose to unite in what became known as the Second Triumvirate, representing the final nail in the coffin in Rome’s transition from republic to malignant autocracy.
So the economy is not exactly hitting on all cylinders of late. Unemployment hovers around the double-digit mark (the Department of Labor says 9 percent; it’s likely higher). The dollar is showing signs of losing its position in the currency market’s starting rotation (even currencies named AFTER ours — the Canadian dollar is one example — are ahead of our dollar in the batting order). And close to 15 percent of our fellow Americans receive government aid of one sort or another.
According to a report from an independent pollster on TheDaily.com, 19 percent of likely voters doubt Osama bin Laden is really dead. That is, one in every five people suspects the government is lying. Furthermore, the demographics of those expressing their doubts are surprisingly diverse, not limited to ultra-conservatives.
Former House Speaker Newt Gingrich will confirm the rumors that he is running in the 2012 Presidential race tonight. According to CNN.com, Gingrich told reporters that he will make the announcement at 9 p.m., via Facebook and Twitter and during an appearance on Sean Hannity’s show on Fox News.
Recently, there has been a lot of public outcry against police officers using social networking sites like Facebook and Twitter to spy on supposed criminals. Now, it looks like the criminals are giving the police a taste of their own medicine. According to a Foxnews.com article, police officials are worried that social networking is putting officers at risk.
On May 9, Representative Howard P. “Buck” McKeon (R-Calif.), the chairman of the House Armed Services Committee, released his version of the National Defense Authorization Act for Fiscal Year 2012. The bill, which is updated annually, specifies the budget and expenditures for the U.S. Department of Defense.
On Tuesday, conservative think tank The Heritage Foundation released a special report on spending and the budget, entitled “Saving The American Dream: The Heritage Plan To Fix The Debt, Cut Spending And Restore Prosperity.” The report describes the current economic climate, and outlines solutions that go much further than House Budget Chairman Paul Ryan’s “Path to Prosperity.”