This'n'That; November Eighteenth [SupremeCourt;Texas;obamaTaxIncreases]

The "Supremes" Deline To Uphold Constitution!
    On November 8th, the Supreme Court ruled that it would not review the healthcare reform law that was approved by Congressional obamacRATs and signed by "Clown Prince" obama earlier this year.
{***}{***}The first constitutional challenge to obamaCare was brought by a California conservative group which challenged the government's power to require citizens to obtain healthcare coverage or face financial penalties.    The Patient Protection and Affordable Care Act, which was signed into law in March 2010, was recently rejected by voters in Arizona and Oklahoma, who approved amendments to prohibit aspects of Obamacare. Virginia, Idaho, Georgia, Louisiana and Missouri have also passed The Freedom of Choice in Health Care Act, which prohibits any law from requiring individuals to have insurance coverage.

Some health policy experts predict that obamaCare could be unrecognizable within a year.   "It will slow down the implementation and put it on a timetable to be solved in the 2012 elections," said Holtz-Eakin during a panel discussion at the Harvard School of Public Health.

{**}{**}Texas "Goes The Way Of" Arizona!

    The 'super-majorities' attained by the Texas Legislature--as a result of the recent mid-term elections--will almost assure that Texas enacts an "Arizona type" immigration law in the near future!!
    The Republican agenda resembles the one in Arizona, which has the toughest immigration laws in the United States.  Texas lawmakers are pushing bills that would allow law enforcement to inquire about the suspects' citizenship status and allow the arrest of those who are in the U.S. illegally.  Republicans have also proposed statutes that would require students at public schools to show proof of citizenship, so the state could eliminate education funding for illegal immigrants.
 

"[Texans] are fed up with political correctness," said Representative Debbie Riddle (R-Tomball).

    Wisconsin legislator Don Pridemore (R-Hartford) plans to introduce an Arizona-type immigration law in 2011, when Republicans gain majority of the House, according to the Milwaukee Journal Sentinel.  The bill would repeal an ordinance that allows residents to receive social service benefits without proving their citizenship.
http://www.personalliberty.com/news/republican-dominated-texas-legislature-seeks-tough-immigration-law-3-800234491/?eiid=&rmid=2010_11_18_PLA_[EEC4021]&rrid=387432349

obama: 'Nothing More' Than Laughable!
    In his State of the 'Onion' blather earlier this year, the "Clown Prince"  acknowledged that “the true engine of job creation in this country will always be America’s businesses” and, that to spur the economy and job creation “we should start where most new jobs do – in small businesses” prior to declaring that we should “eliminate all capital gains taxes on small business investment”.
The result of this effervescent [gently bubbling] yet evanescent [vanishing] evangelism? 
{*}That’s right. On September 27, of this year obama signed into law the Small Business Jobs Act (H.R. 5297), which included among other provisions, a 100% exemption (subject to certain issuer limitations) of income from capital gains derived from investments in “qualified small business stock”. The 100% exclusion is an attempt to encourage investment in startups, early-stage companies and small businesses.

Our lawmakers deliberated and subsequently concocted a legislative scheme to incentive private investment and job creation—that lasted all of 100 days!

{*}
    Blink and you would have missed it. The exemption expires on January 1, 2011, coincident with the expiration of the “Bush Tax Cuts” which raises capital gains tax rates at the highest bracket from 15% to 20%.

Til Nex'Time....