Cato Institute scholars address several items in President Obama’s first official State of the Union Address.

That is the nice way of putting it. They absolutely wreck most of what Obama said. They point out numerous flaws in what Obama said from the budget freeze lies, to the health care lies, to the educational lies.

WSJ’s Jerry Seib previews his column in tomorrow’s Journal in which he writes the federal budget deficit has become so large, it’s time consider it a natural-security threat. Plus, the News Hub provides a February market outlook and also discusses the findings of a new autism study.

Also see U.S. stock futures fall as European health fears weigh

John Stewart and John Oliver of the Daily Show take on Don’t Ask Don’t Tell, John McCain’s flip flop on this issue, and how old is too old to be a Senator. Maybe we should talk about a trade here. Let in a few gays and we can get rid of some career politicians. See the Video

WSJ Columnist Mary O’Grady discusses how the U.S.’s foreign aid to Haiti has failed to improve its government, economy, or infrastructure. Foreign aid props up bad government and corruption. See the video here.

According to the Heritage Foundation and the WSJ, the US no longer qualifies as a free economy. Other countries are taking advantage of the economic downturn to increase freedoms, while the US is losing freedom. See the video here.

The video from MarketWatch mostly discusses tax increase on the wealthy and businesses. But according to Reuters, The Obama administration’s plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families.

If the provisions are allowed to expire on December 31, the 25 percent tax bracket will increase to 28 percent, the 28 percent bracket will increase to 31 percent, the 33 percent bracket will increase to 36 percent, the 35 percent will increase to 39.6 percent. The special 10 percent bracket is eliminated.

SNL makes fun of the SOTU address, taking swipes at the many blame games happening in DC right now. From Martha Coakley’s defeat to blaming Republicans super minority to Bush making a mess of the White House.

Mr. President, to use the words of a wise man, “You Lie!” about the Supreme Court. What Obama said, and why he was wrong.

In the State of the Union Speech on Jan 28, 2010, Barack Obama badmouthed the USSC and their decision to uphold the 1st Amendment.

“Last week, the Supreme Court reversed a century of law to open the floodgates for special interests — including foreign corporations — to spend without limit in our elections,” Obama said. “Well I don’t think American elections should be bankrolled by America’s most powerful interests, or worse, by foreign entities. They should be decided by the American people, and that’s why I’m urging Democrats and Republicans to pass a bill that helps to right this wrong.”

According to Justice Samuel Alito, what the President said was not true. You can see him say not true to the President in this clip.

Interestingly, according to Bradley A. Smith, the Josiah H. Blackmore II/Shirley M. Nault Designated Professor of Law at Capital University Law School, Alito was correct.

The Court held that 2 U.S.C. Section 441a, which prohibits all corporate political spending, is unconstitutional. Foreign nationals, specifically defined to include foreign corporations, are prohibiting from making “a contribution or donation of money or other thing of value, or to make an express or implied promise to make a contribution or donation, in connection with a Federal, State or local election” under 2 U.S.C. Section 441e, which was not at issue in the case. Foreign corporations are also prohibited, under 2 U.S.C. 441e, from making any contribution or donation to any committee of any political party, and they prohibited from making any “expenditure, independent expenditure, or disbursement for an electioneering communication… .”

Bradley A. Smith is also a former Commissioner, Vice Chairman and Chairman of the Federal Election Commission.

This decision does not open floodgates for foreign corporations because it does not reverse the law that prevents foreign corporations from contributing. And before you say anything, yes, in this globalized world where you can trade Sony on the US Stock Exchange, you can still tell if a corporation is foreign or not.

Someone please tell the President of the United States that if he is going to use the State of the Union Speech to badmouth the highest court in the land, he should brush up on the law just a tad.

Troy Stouffer, contributor to this blog, announces he is running to be the next Representative from Maryland’s 2^nd Congressional District.

I have watched the political process over the past year and become increasingly dismayed.  Our elected representatives in Washington D.C. have shown that they care more about their political power than they do about fulfilling their Constitutionally mandated duties.  They have ignored our requests to end the bailouts, not pass the Cap and Trade bill that will hamstring our economy, and actually reform Health Care instead of passing a bill that will destroy it.

I contacted my Representative, Dutch Ruppersberger, about the Health Care Reform bill and his response reeked of arrogance.  He explained that it was one of the hardest decisions that he has had to make in his political career, but the urgency of the matter demanded that he support it.  It simply cannot be urgent if the benefits are not implemented for three years.

Dutch Ruppersberger has fashioned an image of himself as a moderate Democrat, but the truth of the matter is that since he has been in Congress, his voting record is that of someone who votes 98% of the time along Democrat Party lines.  He has shown a consistent pattern of ignoring his constituents in favor of furthering his political career and power.  The time has come for his employer, the citizens of Maryland’s 2^nd Congressional District, to give him his walking papers.  It is time for Mr. Ruppersberger to return to the private sector and become reacquainted with the real world.

After much thought, speculation, and prayer, I have decided to run for the United States House of Representatives in Maryland’s 2^nd Congressional District.  I believe that the government is not the answer to all of our problems, but more often than not an obstacle to the American people.  The American people have the ability to turn our economy around if the federal government would just get out of the way.  We need to cut the corporate business tax to allow businesses to expand and grow.  We need to make the tax cuts of 2001 and 2003 permanent.  As it stands now, at the end of the year all of our taxes will go up.  We need to actually reform health care, starting with tort reform to end these frivolous lawsuits that are a major force in driving up health care costs.  There are ways to reform health care without the inefficient federal bureaucracy taking it over.  We need common sense solutions to our country’s problems, not career politicians looking to further their political careers.

This will be a long, hard journey.  We are taking on a career politician, with a lot more money, name recognition, and political connections, but I believe that God can do something miraculous and great.  This will have to be a grassroots campaign.  If you live in Maryland’s 2^nd Congressional District, I am asking for your help and your vote.  For everyone else I need your assistance as well.  I need you to help get the word out about our quest to send the career politicians home.  As with any political campaign, it takes money.  If you can help with any size donation, it would go a long way to changing our country.  My name is Troy Stouffer and I am running to be the next Representative from Maryland’s 2^nd Congressional District.

What is worse about Obama’s message today? That he obviously wants to change the US Constitution, or that he thinks we are all stupid?

I want to share with you the email i received from Barack Obama’s Organizing for America.

Douglas –

Yesterday morning, the U.S. Supreme Court ruled that corporations can spend freely in federal elections.

It’s a green light for a new stampede of special interest money in our politics, giving their lobbyists even more power in Washington. Now, every candidate who fights for change could face limitless attacks from corporate special interests like health insurance companies and Wall Street banks.
While the GOP is celebrating a victory for its special interest allies, President Obama is working with leaders in Congress to craft a forceful response that protects the voices of ordinary citizens.
Please add your name right away to help show that the American people support strong, urgent action to prevent a corporate takeover of our democracy.
Congress: I support bold action to ensure fair elections.
The Supreme Court decision overturned a 20-year precedent saying that corporations could not pay for campaign ads from their general treasuries. And it struck down a law saying corporations couldn’t buy “issue ads” — which only thinly veil support for or opposition to specific candidates — in the closing days of campaigns.
The result? Corporations can unleash multi-million-dollar ad barrages against candidates who try to curb special interest power, or devote millions to propping up elected officials who back their schemes.
With no limits on their spending, big oil, Wall Street banks, and health insurance companies will try to drown out the voices of everyday Americans — and Republicans seem ecstatic.
While opponents of change in Congress are praising this victory for special interests, President Obama has tasked his administration and Congress with identifying a fix to preserve our democracy — and we need to show that the American people stand with him.
Add your name today:
http://my.barackobama.com/FairElections
Thanks,
Mitch Stewart
Director
Organizing for America

The interesting thing about this letter is of course the very blatant hypocrisy. This is written on behalf of the man who fraudulently claimed he would accept only public financing, then turned around to gather $750 million from the likes of GE and other corporations along with union thugs and extremist groups such as ACORN.

Barack Obama collected hundreds of millions in special interest dollars, yet claims to be fighting against special interests. He claims that big oil, Wall Street, and health insurance companies will drown out the voices of everyday Americans, yet he has uses tax dollars to reward corporations and groups that funded his campaign.

We are aware that this administration wishes to re-write the Constitution. Rahm Emanuel believes the 1st Amendment to be overrated. Mark Lloyd, who is the Chief Diversity Officer at the FCC, believes that the 1st Amendment doesn’t apply to the media or corporations and that the media should be controlled completely by a Chavez type government.

This administration wishes to violate the Constitution by forcing all Americans to purchase a service by threat of imprisonment or fine. Again, this is another broken promise of his campaign. You may remember when John McCain asked Obama about forcing people to purchase insurance during the debate. Obama lashed out and actually embarrassed McCain by claiming that he would do no such thing. But the moment the health care debate began in Congress, he gave his speech saying it was everyone’s responsibility. Constitution be damned.

It is looking like this post has two messages. One is attacking the hypocrisy of Obama, while the other message is attacking him for has hatred of the Constitution. I apologize for not sticking to a subject, but I can’t figure out what makes me more angry about this email. I am angry that the Obama administration takes issue with the Bill of Rights, but I am also angry that this email was written under the assumption that I am too stupid to remember how much Obama caters to his own special interest groups. I am angry that he thinks I have forgotten all of his campaign promises of change and open government. I am angry that Pelosi is actually claiming that the health care debate has displayed historic transparency when they aren’t even allowing Republican lawmakers in the room half the time.

I am angry, and so are most American. The elections this year will make Scott Brown’s win in Massachusetts look like child’s play.