Don’t bet on Obamacare. “I believe that Obamacare in its current form is doomed, regardless of who emerges victorious on November 6.” Too many questionable assumptions and because Obamacare, unlike Social Security and Medicare, plays favorites. Sounds like a house of cards built on a pillar of sand in an earthquake zone. Classic Democrat-goguery.

Second great white shark sighting off Cape Cod has beach-goers worried. Say, wasn’t there once a movie about this? Ironically, even though “Jaws” was set in the fictional location of Amity Island, NY, some of the filming was done in Martha’s Vineyard, off of Cape Cod. Ah, maybe the sharks just came by to say “hi” to Fauxcahontas.

Poll: Majority of voters believe Obama has changed country… for worse. “A new poll for The Hill found 56 percent of likely voters believe Obama’s first term has transformed the nation in a negative way, compared to 35 percent who believe the country has changed for the better under his leadership.” Why is Obama seemingly still popular then? Here’s an interesting take on that.

France sells bonds at negative interest rate. “France’s government has sold short-term bonds at negative interest rates for the first time, a sign of investor confidence despite concerns about French debts and the wider eurozone.” Confidence? Nice Try. It’s called “flight to safety” and is a sign that investors expect a collapse of the broader economy, otherwise there would be no reason to lend money to the gubbermint and get less back. Japan sold bonds at negative yields at times during their 20+ year Keynesian wreckovery.

All aboard for Bakersfield! California pours $7.9 billion into bullet train bottomless pit. The state whose budget deficit “unexpectedly” swelled from $9.2 billion to $16 billion earlier this year is now going to spend the first $7.9 billion “on a high speed rail line connecting…Madera and Bakersfield.” Unlike Russian Roulette, California Roulette is played with a single bullet train.

Disability ranks outpace new jobs in Obama recovery. “The economy created just 80,000 jobs in June, the BLS reported Friday. But that same month, 85,000 workers left the workforce entirely to enroll in the Social Security Disability Insurance program, according to the SSA.” Of course, those 85K no longer count as “unemployed.” Damn fine wreckovery you got there, Barry.

Sobbing Ohio woman at Obama campaign stop just happens to be “Obama’s best fan.” “An emotional Ohio voter personally thanked President Obama for passing a health care overhaul, relating the story of her late sister’s battle with cancer.” But it turns out her Twitter handle is “Obama’s Best Fan.” “Gee, do you think she was a plant?” Yes, in more ways than one.

This time, socialism will work! “France’s new Socialist government announced tax rises worth 7.2 billion euros on Wednesday, including heavy one-off levies on wealthy households and big corporations, to plug a revenue shortfall this year caused by flagging economic growth…” But they somehow expect this will stimulate growth. Centuries of failure prove nothing!

Report: Countrywide Financial won influence with discounts to gov’t officials. “The former Countrywide Financial Corp., whose subprime loans helped start the nation’s foreclosure crisis, made hundreds of discount loans to buy influence with members of Congress, congressional staff, top government officials and executives of troubled mortgage giant Fannie Mae, according to a House report.” This was all Bush’s fault so he musta made them take the money.

Are global central banks in panic mode? The ECB and People’s Bank of China (love that name) cut interest rates while the Bank of England increased the size of its bond-buying program. “Some policy makers may be at the limits of their influence.” In other words, they’re pushing on the proverbial string.

As GM shares near record low, taxpayer loss on bailout rises to $35 billion. “Communism failed for a reason: government is a horrible capital allocator.” – Vitaliy N. Katsenelson

NC lawmakers have apparently accidentally legalized fracking. A veto of a bill by soon-to-be-both-gone-and-forgotten Gov Bev Perdue was overridden due to Rep. Becky Carney (D-Mecklenburg) pressing the wrong button. For once, a Democrat frack-up helps the economy.

Government experts confirm mermaids do not exist. However, belief in green energy unicorns, stimulating Keynesian tooth fairies and free mandatory healthcare made possible by a non-mandated tax (or a non-taxing mandate?) is obligatory until further notice.

Likely voters: Carter was a better president than Obama. In a Newsweek/Daily Beast poll, likely voters picked the 10 best and worst presidents. The bottom 4 (worst) were Carter, Nixon, Obama and GW Bush. Ironically, it’s Bush’s fault Obama is not the worst… yet.

Secret Service shuts down “Fire Holder” protest outside White House. Protest shut down after a “suspicious package” was found on the scene (one commenter suggested it contained CJ Roberts’ balls.) But hey, who needs civil rights, it’s now legal for us to pay a tax to fund Obama’s health care Ponzi scheme! Thanks, guys!

AP: This US summer is “what global warming looks like.” And this AP story is what agitprop looks like. When the media use a word (such as “climate” or “weather”) it means just what they choose It to mean, neither more nor less. Ah, go fall off a wall, eggheads.

Florida cop fired for planting dope, says he did that and more under orders. “…investigator Tim White is out of a job for swiping grass from an evidence locker and planting it at a residence to beef up the grounds for a search warrant application. Even more interesting, he says he did so on orders from a supervisor.” His supervisor’s name isn’t “Holder” by any chance, is it?

Tick bite can turn carnivores into vegans. “A bite from the lone star tick, so-called for the white spot on its back… may trigger an allergic reaction to meat, agonizing enough to convert lifelong carnivores into wary vegetarians.” Well, CJ Roberts said the gubbermint couldn’t make us eat broccoli, so undoubtedly he’ll conclude this really isn’t a tick bite but another tax.

Obamacare: Seven new taxes on citizens earning less than $250,000. From each according to Obama’s ability to con them, to each according to Obama’s need for their vote.

Obama campaign celebrates Independence Day – with fundraiser in Paris. “The European Obama campaign starts next week in Paris on July 4 with a reception organized by various fundraising heavy-hitters…” Must’ve run out of useful idiot celebrities to mooch dinners with over here. Don’t hurry back.

Newsweek post-Obamacare decision poll shows no bounce for president. 32% said the SCOTUS’s decision would make it more likely they’d vote for Romney, 11% said less. Despite wanting Obama REPLACED as president, 48-42, they still prefer him over Romney 47-44… One number is going to meet the other by November. Note: link is to a summary, full (much longer) poll here.

Issa puts wiretaps detailing official knowledge of gunwalking tactics into Congressional Record. “…the wiretap applications contained a startling amount of detail about the operation, which would have tipped off anyone who read them closely about what tactics were being used.” Well don’t think of it as gunwalking, think of it as a tax. Roll Call’s story but they are overloaded – the linked story links to the RC original if you want to try again later. Update: More here.

“I’m not sure the White House wants to own it.” “On the day when the Democrats should be in full celebratory mode, where the Morning Joe crowd is bursting with Schadenfreude you have the White House and congressional candidates running away after a huge victory.” “As General Nathanael Greene said after Bunker Hill: I wish we could sell them another hill at the same price.” Sounds like racist Tea Party rhetoric.

House votes Holder in contempt of congress. FINAL VOTE: 255 – YES, 67 – NO. At least 17 Democrats defected and joined Republicans in the contempt charge. Sh*t meets the fan.

Meanwhile…. Abound Solar to close, will seek bankruptcy, U.S. says. “U.S. taxpayers may lose as much as $30 million on the loan after Abound’s assets are sold and the bankruptcy proceeding closes…” Hey, it’s not a bankruptcy, it’s a tax! Another victory for Obama!