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VIDEO: Senate Dems Claim Blunt Amendment Would Put CEO Between Woman And Her Doctor | Senate Democrats are pushing back against a proposed Republican amendment that could endanger millions of women’s insurance coverage for preventive health care. The measure, introduced by Sen. Roy Blunt (R), would allow any employer to deny coverage of health services to their employees on the basis of their personal moral objections, including the new requirement to cover contraception at no additional cost. “If the Blunt amendment passes, a corporate CEO who doesn’t believe in birth control could simply decide to take it away from his employee’s health care coverage,” according to a video from Senate Democrats:

The Blunt amendment will come to a vote in the Senate on Thursday.

Economy

BREAKING: Dow Jones Closes Above 13,000 For The First Time Since May 2008

Moments ago, the Dow Jones Industrial Average closed over 13,000 for the first time since May 19, 2008. The stock market is now up over 56 percent since Obama took office. Today, the stock market was buoyed, in the view of one economist, by “job and income gains…leading to higher confidence and spending growth, in turn driving further spending gains.” Here’s how the stock market has fared under our last three presidents:

The success of the stock market under Obama is particularly notable considering the majority of Republicans believe he is a “socialist,” presumably out to destroy private enterprise.

Climate Progress

AEI Economist Zycher Makes Head-Exploding Claims About Cost of Renewables

Did you know that the landing on the moon was staged? Or that swallowing seeds will cause fruit to grow in your stomach? Or that the cost of solar power has gone up 63% since 2001?

If you are tied to reality, you’d know that all three of these statements are utterly false. And while most people know that the moon landing was real and that seeds don’t grow in your stomach, the last falsity is an easy one to slip by people who don’t follow energy — which is almost everyone.

In fact, the installed cost of solar has come down nearly 40% since 2001.

That ridiculous statement about solar comes from Dr. Ben Zycher, an economist with the Pacific Research Institute and visiting fellow at the American Enterprise Institute, who has a new book out about renewable electricity technologies. Last week, AEI held an event for Dr. Zycher to talk about his book, in which he claims to be conducting a “fresh analysis” and a “reality check” on clean energy.

It seems Dr. Zycher needs a reality check — some of his math mistakes have introduced errors that are off by a factor of 100!  Below is a response to some of his claims.

According to the authoritative “Tracking the Sun IV” report from the Lawrence Berkeley National Laboratory, the installed cost of solar has come down about 40% since 2001, from $10 a watt to $6.2 per watt. And with a scale-up in manufacturing, the market price of modules has come down an astonishing pace, with prices declining from $7 a watt in the mid-80′s to under $1 a watt today. Some analysts predict that we’ll see solar module prices at 70 cents a watt this year.


Zycher also claims that “wind energy costs have been steadily rising even though the capacity to generate electricity has expanded.” (Note: I inaccurately said that Zycher used turbine pricing data. In fact, he used data from the EIA on cost per MW installed and MWh of generation.)

It is true that the cost of wind power increased slightly since 2001 due to a rapid scaling of global capacity, a shortage of product, and a huge jump in the cost of raw materials. (Steel doubled in price and copper quadrupled in price in the past decade.)  But this is after a stunning drop in costs over the previous two decades:

Read more

LGBT

New Gingrich Tells A Story About A 6 Foot ‘Transvestite’

During an interview with the San Francisco Chronicle on Friday, Newt Gingrich was asked to explain what Republicans mean by the phrase “San Francisco values,” which the party often uses to describe Democrats’s support for liberal social policies like same-sex marriage. Gingrich responded by telling a story about his experiences in the city during the 1984 Democratic convention, when, while being interviewed by CBS News, the former Speaker was approached by “a transvestite”:

GINGRICH: CBS is interviewing me and this guy toses me this perfect softball, you know. “The Republicans are going to Dallas — which has the largest Baptist Church in the country. The Democrats are here in San Francisco, which has the largest gay movement in the country. Does this say something about the two parties.”

Literally at that moment a 6’2″ transvestite walks up to me and hands me an invitation to an exorcism of Jerry Falwell by Sister Boom. The guy from CBS says, ‘cut. I cannot send this to New York. They will never believe you didn’t stage this.’ I just cite that as some vague — I really mean the Sierra Club, which has gone off the deep end as a general rule. Basically very, very left-wing values.

Watch it:

As Raw Story notes, in 1984, “gay activist Sister Boom Boom and five members of the Sisters of Perpetual Indulgence did perform a mock exorcism of actors dressed as Rev. Jerry Falwell and anti-feminist Phyllis Schlafly in Union Square.” “They are here in the name or morality,” Sister Boom Boom reportedly the said of the two conservative icons. “To equate morality with sexual behavior takes a filthy, prurient mind.”

Security

Panetta: Iran Hasn’t ‘Made The Decision To Develop A Nuclear Weapon’

This month, Director of National Intelligence (DNI) James Clapper and Secretary of Defense Leon Panetta fell under attack for making public statements asserting that U.S. intelligence indicates Iran has not yet decided whether to pursue a nuclear weapon. Newt Gingrich adviser Christian Whiton accused Panetta of not “telling the truth” about Iran’s nuclear program and Sen. Lindsey Graham (R-SC) told Clapper that, despite U.S. intelligence assessments to the contrary, “I’m very convinced that they’re going down the road of developing a nuclear weapon.”

Today, Graham asked Panetta a similar question during a Senate Budget Committee hearing:

LINDSEY GRAHAM: Do you believe the Iranians are trying to develop a nuclear weapon?

LEON PANETTA: I think they’re developing a nuclear capability [but] our intelligence makes clear that they haven’t made the decision to develop a nuclear weapon.

Watch him:

Graham moved on and chose not to publicly disagree with the Secretary of Defense but the message from Panetta was clear. U.S. intelligence, at this time, does not conclude that Iran is in the process of building a nuclear weapon.

These views are echoed by the the IAEA — the U.N.’s nuclear watchdog agency — which, just last week, reiterated its “serious concerns regarding possible military dimensions to Iran’s nuclear programme,” but came short of concluding that Iran is pursuing a nuclear weapon.

NEWS FLASH

One In Seven Americans Is Pursued By A Debt Collector | The Roosevelt Institute’s Matt Stoller noted today that the Federal Reserve’s latest Quarterly Release on Household Debt and Credit shows that “the number of people subject to third party collections has doubled since 2000, from a little less than 7% to a little over 14% of consumers.” “Ten years ago, one in fourteen American consumers were pursued by debt collectors. Today it’s one in seven,” Stoller noted. The Consumer Financial Protection Bureau — created by the Dodd-Frank financial reform law — released a proposal this month to tighten regulation on debt collectors.

NEWS FLASH

Maryland Marriage Equality Opponents File Referendum Paperwork | Though Maryland Gov. Martin O’Malley (D) won’t sign the marriage equality legislation into law until Thursday at 5 P.M., opponents of the measure have already filed the necessary paperwork to start collecting signatures for a referendum to overturn the bill. They will have until June 30 to collect 56,000 valid signatures in order to successfully put the issue up to a referendum in November. The law is set to take effect in January of 2013, well after a referendum would take place.

NEWS FLASH

Gingrich: Santorum ‘Strongly Overreacted’ To JFK’s Religion Speech | Newt Gingrich chided fellow GOP presidential candidate Rick Santorum today for saying he wanted to “throw up” when he heard a speech by President John Kennedy about the need for a separation of church and state. Santorum has walked back the comments a bit, but Gingrich told conservative radio host Laura Ingraham that Santorum “strongly overreacted” to JFK’s speech (he also misrepresented it, as Salon’s Joan Walsh pointed out). “At the time it was seen as a brilliant and effective speech, and I think it was,” Gingrich said, comparing Kennedy to GOP icon Ronald Reagan. Listen here:

NEWS FLASH

Virginia State Senate Passes Revised Ultrasound Bill | The Republican-controlled Virginia state Senate has voted 21-19 to pass a slightly amended version of House Bill 462, which requires pregnant women who are considering abortion to undergo ultrasound imaging and be given the opportunity to view the ultrasound image. The bill, which initially mandated the use of a transvaginal ultrasound, was modified at the behest of Gov. Bob McDonnell (R) after the original and more invasive version proved too controversial. The bill will head back to the Republican-led House of Delegates, where it is expected to pass, and then to the governor’s desk. –Fatima Najiy

Climate Progress

Congressional Western Caucus Members’ Crusade Against Regulations Is Remarkably Out of Touch With Westerners

By Jessica Goad, Manager of Research and Outreach, Center for American Progress Action Fund.

The Congressional Western Caucus, consisting entirely of Republican members of Congress, held a hearing this morning entitled “Washington Barriers to Prosperity and Property Rights in the West.”  It was an opportunity for members to criticize a variety of regulations that protect our lands, water, air, and public health like the Clean Water Act, the Clean Air Act, and the Wilderness Act.  Congressman Steve Pearce (R-NM), co-chairman of the caucus opened the hearing by saying that such regulations are “devastating the West.”

Members also accused the administration of killing jobs, in ways such as Interior Secretary Ken Salazar’s recent decision to withdraw 1 million acres around the Grand Canyon from new uranium mining.  Senator Orin Hatch (R-UT) railed against “the extremist policies of this administration.”

But, new on-the-ground evidence shows that westerners don’t necessarily believe with the assertion that regulations kill jobs.  A recent poll from the Colorado College State of the Rockies Project found that voters in six western states overwhelmingly believe that regulations do not harm business. Only 38 percent of respondents agreed (and 60 percent disagreed) with the statement that:

One of the best ways to create jobs is to cut back environmental regulations that are weighing down [your state’s] businesses.

Another question on the poll asked, “when you hear about the laws that govern industry’s responsibility for [your state’s] clean water, clean air, natural areas and wildlife do you think those are more likely to be…”:

-  63 percent answered “…important safeguards to protect private property owners, public health and taxpayers from toxic pollution and costly clean‐ups.”

-  29 percent answered “…burdensome regulations that tie up industry in red tape, hurt them too much financially, and cost jobs.”

On top of this, westerners are not particularly trustful of the mining, drilling, and logging companies that Republicans promote and defend.  In fact, only 21 percent of voters queried in the poll believed that “we can trust companies to act responsibly to protect [your state’s] land, water and wildlife on their own, without laws and regulations that require them to do so.”

Rather than bash environmental regulations, Republican leaders would do well to listen to what their constituents are telling them—that regulations help keep protect and preserve the land, water, air, and wildlife that makes the American West so unique.

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