Morning Reads for Wednesday, February 1st

February 1, 2012 6:26 am

by Jason · 34 comments

Here in Georgia…
- In a statement issued yesterday, Rep. Paul Broun defended the Keystone XL pipeline.
- The DOJ has cleared new district maps in Henry County. That sound you’re hearing is Sen. Emanuel Jones losing his mind.
- Gov. Deal has little interest in tweaking the HOPE scholarship or revisiting the TSPLOST.
- The charter schools amendment could come up for its first vote tomorrow.

National stories of interest…
- In case you haven’t seen them, here are the results from last night’s primary in Florida.
- The Florida Republican primary was the most negative ever.
- The GOP chairman in Iowa has resigned about the vote counting debacle after the caucus.
- House Majority Leader Eric Cantor says that legislation currently in the Senate banning insider trading doesn’t go far enough.
- Though lower than previous years, the budget deficit for FY 2012 is expected to clear $1 trillion.
- A new poll shows some bad news for Obama in battleground states.
- Are health insurance companies on the way out?
- Michele Bachmann, who is running for re-election, is $1 million in debt from her presidential campaign.
- Gingrich is playing down expectations in Minnesota and Nevada.
- When San Francisco rejects a Leftist movement, maybe it’s time to give.

A few that I like…
- Georgia Tech got nailed for a recruiting violation.
- Facebook is going public today, but is only expected to raise $5 billion, half of what was anticipated.
- What is the best TV to watch the Super Bowl?
- Despite reports to the contrary, Peyton Manning insists he’ll play football again.
- This may be the best video ever.

Harry February 1, 2012 at 8:11 am
L. Max Lehmann February 1, 2012 at 10:44 am

Catholic Believers are aghast at the Administrations ruling regarding mandatory health coverage includes birth control:

“As a result, unless the rule is overturned, we Catholics will be compelled either to violate our consciences, or to drop health coverage for our employees (and suffer the penalties for doing so),” Gregory said in the letter. “The administration’s sole concession was to give our institutions one year to comply.”

http://www.ajc.com/news/atlanta/catholics-upset-by-federal-1326084.html

CobbGOPer February 1, 2012 at 11:08 am

When churches start paying taxes then I’ll care about their public policy positions.

Cassandra February 1, 2012 at 11:21 am

Two words for YOU: Sunday Sales!

CobbGOPer February 1, 2012 at 11:38 am

And millions of women will no longer receive breast exams and breast health assistance because of it. Good job, Pro Life Activists!

benevolus February 1, 2012 at 12:11 pm

Hmm. Is that Karen Handel’s fingerprints I see?

CobbGOPer February 1, 2012 at 2:22 pm

Don’t know. I haven’t a clue what her position on abortion is (because honestly I don’t care what anyone’s position on abortion is), or whether she was involved with this decision or not.

What I do know is that the grants Komen was providing to PP were all for breast cancer exams and breast cancer-related information. None of the money was ever used for any products or activities related to providing abortions.

So basically, in order to give Planned Parenthood a black eye for providing abortions, pro-life activists instead decide to attack funding for medical examinations that have absolutely nothing to do with abortion. Makes complete sense. 0_O

AMB February 1, 2012 at 3:22 pm

Yes it is. Congratulations for her boneheaded move that destroyed years of goodwill towards the Komen Foundation. I hope she enjoys her handiwork.

CobbGOPer February 1, 2012 at 3:35 pm

If she did have a hand in it then I would most certainly be highly disappointed with her, because you are right: it’s a completely boneheaded move.

Cassandra February 2, 2012 at 11:29 am

Per Jimmy Galloway @ AJC:

We’ve also got a frame grab of a Tweet that Handel passed along: “Just like a pro-abortion group to turn a cancer orgs decision into a political bomb to throw. Cry me a freaking river.”

Yeah, Georgia averted a thermonuclear Governor when we sent her packing.

“Please, don’t help.”

griftdrift February 2, 2012 at 12:58 pm

Disappointing.

griftdrift February 1, 2012 at 9:21 am

The deficit is going down? That can’t be right…

Doug Deal February 1, 2012 at 2:05 pm

Forecast to go down. It is not yet reality. The only difference between our current insane levels of overspending (if deficit projections come true for the first time ever) and previous slightly more insane levels of overspending is the few extra seconds before we go over the cliff.

griftdrift February 1, 2012 at 2:43 pm

It’s gone down in reality for two years.

DTK February 1, 2012 at 5:40 pm

“The deficit was $1.4 trillion in 2009, $1.3 trillion in 2010 and $1.3 trillion in 2011. The largest deficit recorded before that was $458 billion in 2008.”

So, a projected deficit of “only” $1.08 trillion is something to brag about? Come on, grift.

griftdrift February 1, 2012 at 6:02 pm

I only pointed out is decreasing.

DTK February 1, 2012 at 6:11 pm

Could it go up any more? It seems to me that it’s flat-lined, and trillion dollar deficits from here until the forseeable future portends for fiscal ruin. I don’t see how any sane person can deny that.

griftdrift February 1, 2012 at 6:14 pm

A 300 billion reduction is flat lined?

Interesting.

DTK February 2, 2012 at 2:35 pm

In a $3.8 trillion budget, a deficit that is $300b less than the previous year (when the previous deficit was $1.3 trillion) isn’t all that much to brag about.

It’s like an individual who consisently makes $26k a year, but spends $38k each year bragging that he is only going to spend $35k this year. Yes, the deficit is less, but the problem is nowhere near getting better.

griftdrift February 2, 2012 at 4:24 pm

So what would be better?

DTK February 3, 2012 at 9:55 am

Tax reform to increase revenues and drastic spending cuts, starting with the Defense Department.

You’re not going to wipe out a trillion dollar deficit overnight, but any serious effort could get the total deficit back to $300-400b range fairly easily, if political grandstanding weren’t a problem.

benevolus February 1, 2012 at 9:55 am

Congressman Broun, please explain:
- “I urge the President to reconsider all of the benefits of building the pipeline, and to make the rational decision that will expand our energy resources, protect our national security interests”
How does building that pipeline expand our energy resources and protect our national security?

Harry February 1, 2012 at 10:08 am

I don’t know how to break it to you, but pipelines are a means to expand our available energy resources. They work pretty good, and tend to reduce the price of gas at the pump – which is a thing that concerns a lot of us voters out here.

benevolus February 1, 2012 at 10:31 am

Sending Chinese owned oil through a Canadian owned pipeline to a US port so that it can be loaded onto presumably foreign ships doesn’t seem like it would expand our available energy resources very much.

Harry February 1, 2012 at 10:45 am

At least we’re re-exporting something…and maybe it really does help our internal distribution network.

Cassandra February 1, 2012 at 10:56 am

Unless the US adopts a comprehensive nuclear energy policy that drastically reduces the red tape delays and uncertainty caused by regulations, any oil related issue is going to be moot in short order. The cost of extraction for tertiary fields approaches the price of oil.

Our oil based economy is well into diminishing returns as US remains stuck in an underlying economic disadvantage. Until we begin glassifying nuke waste and sending it to the parts of Yucca Mountain ‘greenies’ admit are safe, we cannot break loose of paying our enemies $2Bn a DAY to ride, package, and type on the American way. (Your PC is oil based.)

SB31, debated here vigorously, is a direct result of the uncertainty and lengthy delays imposed unwieldy regulations, ill-defined National policy, and a populist, yet irrational fear of nuclear power.

peachstealth February 1, 2012 at 10:40 pm

It would provide Canadian oil that could replace Venezuelan oil. Both are bitumen and the refineries in Houston are the only refineries in North America that can refine it. That’s why the pipeline goes to Houston . If it were going to China the pipeline would go to Vancouver.
Houston is also the beginning point of many refined products pipelines. That includes the Colonial Pipeline that supplies gasoline, diesel and jet fuel to most of Georgia.
( The Savannah area is supplied by ship)
Here’s a map of north american pipelines
http://www.theodora.com/pipelines/north_america_pipelines_map.jpg
Red lines are natural gas, green crude oil,and blue refined products.
There are also lines for ammonia and CO2

benevolus February 2, 2012 at 7:24 am

“It would provide Canadian oil”.
Please explain how that works. Because it is refined here it stays here? Do US distributors have some sort of priority dibs on the oil? Don’t they still have to bid on it? Can’t the owner- who extracted the oil- sell it to whomever they want? Isn’t it true that China already owns a substantial percentage of the oil this pipeline is designed to move? If the owner of the oil wants it for themselves, they don’t have to offer it to anyone.

“PetroChina and other Chinese state oil giants, including China Petroleum & Chemical Corp (Sinopec) and CNOOC Ltd have been scouring the world for reserves to fuel China’s rapidly-growing economy.

“Shale gas and oil sands assets in North America have been a focus in the past year as Chinese companies seek operational experience in the relatively frontier area.

“CNOOC completed a C$2.1 billion ($2.04 billion) acquisition of Opti Canada Ltd in November, giving China’s top offshore oil company its second stake in a Canadian oil sands property.

“China Petrochemical Corp, parent of Sinopec, signed a deal to buy Canadian oil and gas explorer Daylight Energy Ltd for C$2.2 billion ($2.1 billion) in October.

http://www.reuters.com/article/2012/02/02/petrochina-shell-idUSL4E8D258820120202

saltycracker February 2, 2012 at 9:33 am

Well the cynical side of watching Obama likes to look into the background for Goldman Sachs, Buffett or friends – sure enough, Burlington Northern (Warren) is ready when they are.

http://biggovernment.com/publius/2012/01/24/report-obama-supporter-buffett-to-profit-from-rejection-of-keystone-xl-pipeline/

benevolus February 2, 2012 at 11:15 am

Well that is more of a legitimate topic than the (I believe) misunderstanding that somehow oil in the North American ground somehow belongs to “us”. That oil has all pretty much been sold long ago.

Buffett refutes the allegation by the way:
http://www.omaha.com/article/20120202/NEWS01/702029883

Harry February 2, 2012 at 5:56 pm

“Please explain how that works. Because it is refined here it stays here?”
Yeah some of it does. And we make money on the rest. There’s something positive about lowering our trade deficit.

saltycracker February 1, 2012 at 10:19 am

There are right wing articles and an inside advice letter circulating with the oil companies that the XL pipeline is a poor hill to die on for the Republicans….the beneficiaries are a lot of money to be made by a few, not the reasons represented.

We might want to do a bit more research before jumping on the wagon.

analogkid February 1, 2012 at 7:48 pm

Here’s one you missed… A UGA cheerleader that can dead lift 230 pounds: http://www.dailymail.co.uk/news/article-2095121/Meet-cheerleader-dead-lift-230-pounds-looks-great-cheer-uniform.html

saltycracker February 1, 2012 at 8:11 pm

She is there to stop Charlie from streaking at homecoming…..

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