Tuesday, November 9, 2010

Project 21; Insourcing by Government; Work For Your Benefits in UK; World Reactions to Fed Easing; Punishment Follows Excellence

Project 21 member Cherylyn Harley LeBon has a featured commentary now posted on the Daily Caller web site about largely unnoticed but vigorous efforts by the Obama Administration to grow the size of the federal government by turning private contractors into federal employees.
“Insourcing” is the process of requiring that jobs done by private-sector employees be federalized.  This is a boon to organized labor and a further strain on taxpayers.
Cherylyn writes:
[B]arely two months into his presidency, Barack Obama ordered all federal agencies to figure out how to make more private contractors into public employees. The Office of Management and Budget months later required such insourcing reviews occur “on a regular basis.” http://www.conservativeblog.org/amyridenour/2010/11/5/growing-the-government-by-stealth.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+nationalcenter%2Fblog+%28Amy+Ridenour%27s+National+Center+Blog%29
Washington Post writes: Area firms, ranging from large to small, veteran- and minority-owned businesses, are facing a new threat. The federal government, long considered a source of business for the region's firms, is now seen as a competitor. That is why 36 national and local organizations, including the Fairfax Chamber of Commerce and the Northern Virginia Technology Council, recently wrote President Obama asking for an immediate moratorium on insourcing.
"Insourcing," the conversion of work performed by private sector contractor firms to federal employees, is a solution in search of a problem. Such conversions expand an already bloated government, increase costs and exacerbate the anemic private sector job creation. http://www.washingtonpost.com/wp-dyn/content/article/2010/10/22/AR2010102205930.html
UK Telegraph writes: In the most radical clampdown on the work-shy yet, Iain Duncan Smith will announce that the unemployed will be found compulsory 30 hour-a-week work placements and if they fail to turn up they will lose their Jobseekers' Allowance for at least three months. The Welfare Secretary will announce the move as part of a groundbreaking package of measures aimed at reforming the benefit culture to "make work pay". http://www.telegraph.co.uk/news/newstopics/politics/8114785/Work-shy-will-be-pushed-into-working-for-free-by-welfare-revolution.html
From Reuters, out of New Delhi: [President] Obama says U.S. low growth or no growth danger to world
* China says U.S being irresponsible over QE
* Russia says G20 should have been consulted by Fed  http://www.reuters.com/article/idUSTOE6A706720101108

Yahoo News reports: "As a major reserve currency issuer, for the United States to launch a second round of quantitative easing at this time, we feel that it did not recognize its responsibility to stabilize global markets and did not think about the impact of excessive liquidity on emerging markets," Chinese Finance Vice Minister Zhu Guangyao said on Monday.
The Fed's quantitative easing policy was unveiled last week to jeers from emerging market powerhouses from Latin America to Asia. Russia renewed its assault on Monday.
"Russia's president will insist .... that such actions are taken with preliminary consultations with other members of the global economy," said Arkady Dvorkovich, a Russian official who is preparing the country's position in Seoul.
Bank of Japan Deputy Governor Hirohide Yamaguchi said on Monday that it too was ready to boost its asset-buying scheme if it saw clear signs of a downturn. Worth 5 trillion yen ($62 billion), it is so far just a tenth the size of the Fed's. http://news.yahoo.com/s/nm/20101108/bs_nm/us_global_economy
Fox News reports: A 5th grade football team has been denied a chance to show off their skills after having an excellent season. The Sedalia Junior Outlaws were banned from the playoff games because they're too good and now the team's coach is speaking out.

The kids earned a spot in the playoffs after dominating their league. After being told they weren't allowed to play, the kids are heartbroken and coaches are confused. The team made a splash by going 6-0 in the regular season in the West Central Youth Football League. http://sedalia.fox4kc.com/content/undefeated-youth-football-team-banned-playoffs


  1. What??? That is the craziest thing I've heard in a while. The other football teams ought to all ban the playoff games in outrage. It is the BEST team that makes all the other teams BETTER! Not only that, but what sort of message are we giving our youth when they are penalized for working hard, and only benefit when they achieve less?!

  2. Totally agree with NavyHCA ! What kind of screwed-up message is this !! If this were the rule in place many years ago, the Columbus Warhawks, winners of 5 straight junior baseball league championships would have been banned ?! for winning ?
    And, what the hell is Obama and his gang of thieves upto with this Insourcing ? The guy never quits trying to redistribute other people's income...2012 cannot come soon enough!