US Airways is reportedly in talks with creditors for American Airlines about a possible merger -- a deal that would reduce the number of major big national airlines to just three.
According to published reports and industry analysts, US Airways has put forward plans to take over American, which is in the process of restructuring its operations through bankruptcy.
Charles Krauthammer: Ultimately, the question will hinge on whether the Commerce Clause has any limits. If the federal government can compel a private citizen, under threat of a federally imposed penalty, to engage in a private contract with a private entity (to buy health insurance), is there anything the federal government cannot compel the citizen to do?
If Obamacare is upheld, it fundamentally changes the nature of the American social contract. It means the effective end of a government of enumerated powers — i.e., finite, delineated powers beyond which the government may not go, beyond which lies the free realm of the people and their voluntary institutions. The new post-Obamacare dispensation is a central government of unlimited power from which citizen and civil society struggle to carve out and maintain spheres of autonomy.
“During his trip today, he pretended to support the virtues of oil and gas, but we all know what he is really doing,” said Sen. James Inhofe (R-Okla.), who accused the president of being the most anti-fossil fuel president in history. “The only job this trip was meant to save is his own.”
Rep. Dennis Cardoza said the president’s move wouldn’t satisfy anybody and would merely keep the issue alive.
“I think it’s the most idiotic political move I’ve ever seen,” said Cardoza, who supports the pipeline. The California Democrat said the president needs to make a decision one way or another and stick to it.
If he’s going to build it, “do it, take your lumps, be done with it,” he added.
Cardoza said the latest maneuver amounts to “highlighting a waffle.”
From the WSJ Editorial Board: "The framers feared arbitrary and centralized power, so they designed the federalist system—which predates the Bill of Rights—to diffuse and limit power and to guarantee accountability. Upholding the ObamaCare mandate requires a vision on the Commerce Clause so broad that it would erase dual sovereignty and extend the new reach of federal general police powers into every sphere of what used to be individual autonomy." http://online.wsj.com/article/SB10001424052702304724404577291762007718228.html?mod=WSJ_Opinion_LEADTop
The Supreme Court will hold three days of oral arguments soon regarding Obamacare. It may prove to be the most important ruling in our lifetime. If the Feds can mandate you buy something--and punish you if you don't--then this great American experiment in freedom is over. --Yossarian.
The Obama administration has approved guidelines that allow counterterrorism officials to lengthen the period of time they retain information about U.S. residents, even if they have no known connection to terrorism.
The changes allow the National Counterterrorism Center (NCTC), the intelligence community’s clearinghouse for terrorism data, to keep information for up to five years. Previously, the center was required to promptly destroy — generally within 180 days — any information about U.S. citizens or residents unless a connection to terrorism was evident.