Economic Statistics for 5 Mar 13
Here are today’s statistics on the state of the economy:
The ISM Non-Manufacturing Index rose nearly a point to 56.0 in February, indicating further economic expansion.
ICSC-Goldman posted a soft 0.2% weekly retail sales increase and a 1.8% year-over-year jump. Redbook reports a soft 2.2% year-over-year increase as well.
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Dale Franks
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The law? Something for thee, not me
Or so says the executive branch in many, many cases.
In this particular case, the National Labor Relations Board, NLRB, has simply decided to ignore a ruling of a US Court of Appeals:
Only a few hours after the U.S. Court of Appeals for the District of Columbia Circuit issued a decision that the National Labor Relations Board does not have a legal quorum to act, the board’s chairman, Mark Pearce, issued a press release announcing the board’s intent to ignore it.
The timing and content of Pearce’s statement show a board so fixated on serving the interests of organized labor it no longer knows its place nor weighs the consequences of its actions on the public interest. Although Pearce may believe that the president has the authority to make recess appointments over a three-day break in ongoing Senate sessions — or over lunch, for that matter — it is not the place of the NLRB chairman to disagree with a circuit court on a constitutional question that goes to the heart of the political appointment process and one in which he has a partisan interest.
The answer to that is to ignore the NLRB and anything it says, does or declares.
If they can play that game, so can we.
~McQ



