The Heritage Foundation reports that the Congressional Budget Office grossly underestimated the cost of Obama's tax and trade bill and points out a number of serious flaws in that analysis.
Cato informs that not only does Obama's tax and trade bill provide onerous caps on our economy, not only will it have no measurable effect on climate, but the bill also contains powerful protectionist clauses that will insure future trade wars. As Cato says, what's not to hate?
Cato declared the EPA should abandon life-style accounting because it's not only impossible, it's useless. You aren't kidding. With an Orwellian name like that, the EPA would certainly be monitoring human gas emissions in no time.
President Obama had sent a personal letter to Ayatollah Khamenei a month ago hoping for better relations. How'd that work out for the people of Iran? The guys Obama planned to sit down and talk with without preconditions shoot and kill some protesters, beat others with batons. Clashes around protesters. Iranian leaders blame Great Britain for the protests. Obama's entire reaction to this situation shows what little empathy he has lies with the Mullahs, not the people. Republicans wanted Obama to be more forceful. US rescinds invitations to Iranian diplomats to attend Fourth of July picnics. No Iranians had accepted anyway. Why did that take so long?
Mousavi not under house arrest, but the staff at his newspaper have been arrested. Neda as a symbol of the cause. Blogger suggests the video of her death may be a hoax. This article suggests she may have volunteered to be shot to inspire a revolution. As outrageous as that sounds to me, I doubt it's outrageous to Iranians.
It seems Obama's grand designs for transforming the Middle East, yet more blind and dumb radical leftist ideology, inexorably tie Iran and Israel together in Obama's mind. It's terrifying to think that Obama might have planned to use the threat of Iran getting the bomb to bully the Israelis into concessions. I've long pointed out that Obama is a dangerously heartless man who will do anything to achieve his goals, and I knew he would favor the Arabs over the Israelis in the Middle East, but even I never considered he might use nuclear blackmail against Israel. It's unfortunate Obama was getting ice cream with his kids on Saturday when Neda Soltan was killed. It just looks bad, but we can't expect Obama to sit in the situation room 24/7 for weeks at a time during the Iranian protests.
Ann Coulter gets this one right, "Obama's tough talk this week proves that his gentle words last week about Ahmadinejad and Iran's "supreme leader" (peace be upon him) constituted, at best, spinelessness and, at worst, an endorsement of the fraud." Obama was more concerned about Obama, and therefore his plans to meet with the Iranians without preconditions, than about the Iranian people or the American people. This is what you would expect from a person dangerously, psychologically narcissitic and lacking empathy for others. (I didn't know that Lebanese voters had tossed out Hezbollah in favor of a pro-American government - good deal.)
Everybody captured in war claims abuse, and because radical leftists jump on any excuse to attack the US and divide the country, it's an incredibly powerful and easy tactic to use against us.
Iraqi terrorists kill 60 in Sadr City blast. They really don't want the US to leave.
US trade officials rebuke China for web censorship in computers, but Obama won't rebuke the Iranians for shooting their own citizens in the streets (until a week later, after the entire country has told him he's supposed to care). I thought we didn't meddle. Obama obviously has no moral compass.
Florida deregulation bill only would have deregulated big insurance companies. What's up with that? Deregulate all of them. And if people can't afford hurricane insurance or to rebuild, they should move to a place that doesn't have hurricanes.
I didn't realize that, "in the dynamic US economy, even in good years, 15% of the jobs disappear each year." Wow. That's creative destruction in action. Another great quote:
"We see wasteful government misdirections of production through subsidies and directives such as an energy policy that promises "green jobs," but is an energy policy missing one key ingredient: delivery of affordable reliable energy. The jobs created would be created in the same way that substituting spoons for shovels would increase employment for grave diggers or, to paraphrase Frédéric Bastiat's "Petition of the Candlemakers," in the same way that mandatory restrictions on sunlight would enhance employment for candle makers and other producers of artificial light."Mises scholar takes issue with claims that 9/11 showed the limitations of libertarianism. Where does that even come from? How bassackwards are these claims? The only plane that wasn't intentionally crashed into a building is the one in which the passengers adopted libertarian principles and fought back against the terrorists without waiting in vain for government to save them. The first defenders in any attack are individual citizens. Government agents are the first responders, meaning they show up after the attack has already occurred. The key to security is empowering individual citizens to defend themselves against attackers. Great Jefferson quote to finish the essay answers the question: What is the state?"It is the group within society that claims for itself the exclusive right to rule everyone under a special set of laws that permit it to do to others what everyone else is rightly prohibited from doing, namely aggressing against person and property."
Tax on cigars to fund SCHIP puts cigar business out of business.
700 New York City teachers are paid to do nothing. Thanks, unions. Don't you love how they buy Democrats then they negotiate their contracts with those same Democrats? Includes facts from study by the Heritage Foundation on how damaging unions are. "One study found that unionizing reduces capital investment by 30 percent". Wow.
Right on schedule, government interference in Citigroup and Bank of America is leading to brain drain. To compensate for lost bonuses, companies are raising salaries, but those salaries don't come with incentives to produce, so they won't be as effective. And they're not the only companies. Obama is getting just what he wants - a weaker America that is more dependent on government. Obama and Democrats are dismantling the greatness of America right before our eyes at an even faster pace than Bush and Republicans did.
Just to drive the point home, it took George Bush 7 years to run up a total $1.8 trillion in deficits. It only took Obama one year, but of course most of that deficit is owned by Bush. But Obama is going to run a $1 trillion deficit on average per year for the next 10 years. That's what anybody who did their homework before the election expected. Any Obama voter who's surprised by this failed to uphold their responsibility as a voter and should never vote again.
Congress loads up war bill with pork and Obama eats like a pig. So much for Obama being a pork buster.
There is no such thing as a right to education or health care. Those things must be provided by others, and we outlawed being able to force others to labor for nothing during the civil war.
In essay skeptical of government created health co-ops, Cato reports there are 1,300 health insurance companies in the US.
"Supporters of government-run health care have no intention of letting the co-ops be independent enterprises that operate by the same rules as other insurers. This is not really about creating more choices and competition. In fact, Sen. Charles Schumer (D-N.Y.) makes it clear, for example, that the co-op's officers and directors would be appointed by the president and Congress. He insists that there be a single national co-op. And Congress would set the rules under which it operates. As Sen. Max Baucus (D-Mont.) says, "It's got to be written in a way that accomplishes the objectives of a public option.""The public trojan horse by another name.
Michelle Malkin follows the money and finds the same few radical leftist billionaires and MoveOn.org pushing Obamacare.
Cato continues its excellent advocacy for pulling out of Afghanistan. We won the war against Al Qaeda in Afghanistan seven years ago. Let's leave.
Man's attempt to build a toaster from the collection of raw materials up is meant as a criticism of capitalism but instead shows the amazing power of freedom, capitalism and the invisible hand compared to the utter failure of central planning. It also illustrates the complexity of the chain of production. The metals going into a new toaster today came from mines years ago, and the metals making the trucks that carry those raw materials to be processed was mined a decade ago or more.
Not only do Republicans have to figure out how they've lost so badly in a country where conservatives far outnumber liberals (that one's easy - Republicans have governed more like Democrats than conservatives), but conservatives have to figure out why they keep electing Republicans who don't support their professed values.
Liberal academic discrimination against Asians.
15 year old invents algae based energy system.
Will Google create California's next earthquake?
The easiest way to get rid of Medicare fraud is to get rid of Medicare. This is another example of big government creating corruption and creating ever bigger government in response. Big government is a death spiral.
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