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POPSEnumerated Powers Act: Interview with Walter E. Williams
who has introduced it every Congress since 1995, it does not allow them to get away with the Commerce Clause and the General Welfare Clause. They have to specifically point in the Constitution where they get the authority. And as a matter of fact the reason the Enumerated Powers Act’s maximum number of co-sponsors in the House has been 31, or it could be a bit higher than that (and it has never had a co-sponsor in the Senate until this year) is that the Congressmen can read the writing on the wall. If Congress were forced to obey the United States Constitution, then I would say that two-thirds to three-quarters of all the spending Congress does would be found to be unconstitutional. ALL RIGHT MAGAZINE: You’re probably right about that. Article 1, Section 8 has a very short list of things government is able to do according to the word of the law. WALTER E. WILLIAMS: That’s right, and if you read the Founders’ statements, they say that Congress can only do those things....
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POPSIs the Economy Recovering? The Curious Case of 1920 vs. 1929 The basic questions we need to ask here are: 1. Why do economies recover? 2. Are we recovering? Q. Why do economies recover? A. They recover because bad investments made during the bubble are liquidated, valuable capital is no longer being wasted on them, new capital is formed from savings, and profitable enterprises attract new capital to expand. Low real interest rates caused by increased savings encourage borrowing, manufacturers use the capital to make new machines, producers of consumer goods buy them, cash goes through the system, consumers see things are getting better, more consumer goods are produced, and consumers buy them. It has to happen this way or the recovery will fail. The difficult part of a recovery is ugly. Bankrupt firms need to fail so that valuable capital resources are not wasted on their continuing activities. This means that unemployment rises (10.2% now) and business bankruptcies are high. Trillions of dollars of asset values are wiped out.
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POPSFraud Could Undermine Housing Tax Credit as Troubling Report Emerges The Government Accountability Office reports that $10 billion had been spent on 1.4 million credits as of late August. As the economy hit trouble in 2008, Congress passed a $7,500 tax credit for first-time homebuyers as a no-interest, long-term loan to stimulate the housing market. The credit was expanded under the economic recovery act passed in February to $8,000, not as a loan, but a fully refundable credit. Economists worry that the tax break is going to those who would have purchased homes anyway, and filling homes by vacating others " as renters become buyers " without benefit to the economy as a whole. Estimates are that more than three-quarters of the expected 1.5 million taxpayers who will have tapped the program would have bought homes even without the tax credit, putting the price to the government at about $43,000 per homebuyer who would not have bought a house without the credit. The Government Accountability Office reports that 59 percent of those claiming . .
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POPSExcuses Wearing Thin for Obama, Media Pals Yet just a few months ago, the Obama camp was singing a little different tune. It was under criticism for the $787 billion stimulus package it bulldozed through Congress on grounds that massive spending was needed to keep the unemployment rate from breaching 8 percent. When joblessness hit 9.5 percent in June, Vice President Joe Biden said, "We misread how bad the economy was." They inherited the worst economy since the Great Depression, or the economy turned out to be worse than they thought. Which is it? It can't be both -- unless your brain is completely addled by the Obama charisma. That's the backdrop to the story of Rush Limbaugh getting booted from a group bidding to buy the St. Louis Rams. He was smeared on CNN and MSNBC with false accusations of making two racist comments. He is an abrasive critic of Obama, so he must be racist.. . Recently an MSNBC personality accused the U.S. Chamber of Commerce of lobbying for policies that amount to being "treasonous . . .
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POPSTell President Obama to Cut Off ACORN Now! Petition long-term care and insurance premiums. Men and Women in Uniform We must support the men and women who protect our nation. That means giving them the tools and equipment they need, as well as the benefits and moral support they have earned. I support tax benefits to help ease the financial burdens our citizen-warriors and their families face and updated, improved GI Bill education benefits. And we must also support our first responders, who put their lives on the line to protect us in our homes, businesses, and communities. I was proud to have the MN Police and Peace Officers Association endorse my TRACK Sex Offenders Act, which gives law enforcement and officers the tools they need to keep us safe from sexual predators.
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POPSGlobal Warming Legislation Effect on States The preceding is a list of the 50 state-by-state breakouts of the impact the bill would have on jobs and the economy. Lieberman-Warner (S.2191) relies heavily on an unproven technology, capturing carbon and sequestering it. Even with the most generous assumptions " presuming that carbon capture and sequestration is commercially developed in 10 years " the economic costs for the average American are staggering. Under a more realistic scenario, the economic impacts in terms of losses in the job market, losses in household budgets, and higher energy prices will be drastically higher. To make matters worse, there will be inconsequential effects on the environment to show for it, if any. The Senate's leading climate-change bill, while aiming to combat global warming by reducing carbon dioxide in the air, actually poses "extraordinary perils" for Americans and the economy, according to a new study from The Heritage Foundation.
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POPSAustralian & Canadian Employers Adding Jobs! ......after a 31,900 increase in August. The jobless rate was probably unchanged at a 33-year low of 4.3 percent. The Bureau of Statistics releases the report tomorrow at 11:30 a.m. in Sydney. Sustained jobs growth justifies the Reserve Bank's decision to raise its benchmark interest rate in August to damp inflation pressures in an economy that is growing at the fastest annual pace in three years. Miners are hiring workers as they expand to meet surging Chinese demand and retailers are opening new stores as consumer spending picks up. ``The odds favor another decent jobs number, consistent with the underlying strength of the economy,'' said Su-Lin Ong, senior economist at RBC Capital Markets in Sydney. ``We expect the unemployment rate to hold down at a three-decade low confirming the stretched nature of the labor market.''
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POPSJobless Rate Reaches 9.8 Percent in September "If they're struggling, they're not consuming. That just takes some of the legs out of recovery." The Labor Department said Friday that the U.S. economy lost a net total of 263,000 jobs last month, from a downwardly revised 201,000 in August. That's worse than Wall Street economists' expectations of 180,000 job losses, according to a survey by Thomson Reuters. The unemployment rate rose from 9.7 percent in August, matching expectations. If laid-off workers who have settled for part-time work or have given up looking for new jobs are included, the unemployment rate rose to 17 percent, the highest on records dating from 1994. All told, 15.1 million Americans are now out of work, the department said. And 7.2 million jobs have been eliminated since the recession began in December 2007. The department said 571,000 of the unemployed dropped out of the work force last month, presumably out of frustration over the lack of jobs. That sent the participation rate,
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POPSI Give Harry Reid A Direct Warning: Start Looking For Outplacement Services Go ahead, make my day. We will spend whatever it takes, call as many Nevada voters as we can, write and email as much material as it takes (your pathetic record on the economy since taking over in 2006, for starters) to defeat you in 2010. Does the year 1994 ring a bell? Well, the outrage now dwarfs that of '94. Americans aren't ready for Dear Leader's brand of socialism. Not by a long shot. You want to overhaul one-sixth of the economy, against the wishes of the American people, with 20 hours of debate? Hey, Reid: call an outplacement service. Now. Before the rush.
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POPSGovernment, The Destroyer Of Worlds' Now you can see why President Obama is hell-bent on nationalizing one-sixth of the economy with his thinly disguised health care "overhaul". It helps hasten the destruction of the hated free market system and perhaps capitalism itself.
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POPSAnalysis: Why Everyone Is Saying No To Obama The only thing Obama did manage to get Bibi and Abbas to say yes to is a photo-op at the Waldorf Astoria hotel in NY. Mazel tov. So why is everyone saying no to Obama? It's the economy, stupid. Everyone has worked it out by now: The great secret is out. America's economy has made Obama a weak president, and he will likely remain weak throughout his first term. He has about two years to pull the American economy out of its free-fall before he begins his reelection campaign. If he can do it, and that's a big if, chances are good that he'll get reelected, and in his second term he can try to pull some geopolitical strings. But for the next three years, expect to see a world that says no to Obama. No meaningful and dramatic diplomatic initiative can come out of the White House in the next three years, as long as Obama remains weak. And that's a real pity, because there are some serious and imminent issues that need to be addressed.
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POPSMr. President, You Had A Beer-Summit, California Farmers Need A Water Summit DAN HARRIS: In California, the problem is not too much wet weather, but not enough of it. A drought combined with the bad economy have delivered a one-two punch to the Central Valley, where much of the nation's food is grown. 100,000 acres went unplanted last year, and this year, it could be 750,000 acres. Economists say that will mean $1.5 billion in lost income and the elimination of 40,000 jobs. Lisa Fletcher is in California tonight. LISA FLETCHER: In just a glance, you know something is very wrong. PETE RAMIREZ, CROP DUSTER: It's like a desert. A couple of years ago, it was all farmland and everybody had a job. THEDA LAWRENCE, MENDOTA: What are the people gonna do? How are they gonna eat whenever there's no farming? FLETCHER: A quarter of the nation's fruits and vegetables are grown here in California's Central Valley. But the farmers here have been hit with two crises at the same time. They're in their third year of severe drought. And now, they must also cope . . .
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POPSUN Wants New Global Currency to Replace Dollar The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War. In essence, the report calls for a new Bretton Woods-style system of managed international exchange rates, meaning central banks would be forced to intervene and either support or push down their currencies depending on how the rest of the world economy is behaving. The proposals would also imply that surplus nations such as China and Germany should stimulate their economies further in order to cut their own imbalances, rather than, as in the present system, deficit nations such as the UK and US having to take the main burden of readjustment. "Replacing the dollar with an artificial currency would solve some of the problems related to the potential of countries running large deficits and would help stability," said Detlef Kotte, one of the report's authors. "But you will also need a system
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POPSDo You Trust Barack Hussein Obama? and it has nothing to do with the color of the president’s skin. Claiming to bring a “new kind of politics” to Washington, the only thing “new” was just how far off the ethical scale Team Obama has conducted itself. While asserting the administration would be “transparent” and frustrate the status quo of special interests and lobbyists, Obama and his cohorts have systematically cut backroom deals with every imaginable special interest; drug companies, auto unions, and doctors all enjoyed “favors” worth billions of dollars. Then, when faced with a real grass-roots movement, Obama, his supporters, the mainstream media, and the leaders of his party went to extremes in painting the country’s citizens as “Nazis,” “Brown Shirts,” “un-American,” and “astroturfers.” Claiming average citizens were a “mob” that was doing the bidding of his political opponents, Obama, et. al., labeled upset Americans as unhinged racists and more than implied they were implied they were . . .
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POPS Why It’s Not Working Uncle Sam has borrowed $388 billion in the second quarter and is scheduled to borrow $406 billion in the third quarter and nearly $500 billion in the fourth. In order to provide $152 billion in so-called fiscal stimulus, the government is draining close to $800 billion from the private-sector savings supply " $800 billion that will not be invested in new-business enterprises, including small businesses. To be honest, it’s hard to know what Biden is talking about at any given moment he opens his mouth. But on the economy and the “stimulus” plan he’s even more incoherent than usual. (Actually, I suspect Biden was brought on board the ticket to provide Obama with a comic side-kick. Buddy movie politics.) The economy is a shambles directly because of the policies of the Obama administration. Kudlow predicts a minimum 500 point Wall Street rally if ObamaCare fails. (I’d bet on a lot higher, frankly).
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POPSUnemployment Rate Jumps To 26-Year High Of 9.7% Payrolls fall 216,000, 20th consecutive decline Most industries shed jobs in August. Of 271 industries, 35% were adding workers in August, according to a survey of hundreds of thousands of business establishments. Private-sector employment fell by 198,000 in August. Employment in the private-sector is now lower than it was 10 years ago. Goods-producing industries cut 136,000 jobs, including 65,000 in construction and 63,000 in manufacturing. Service-producing industries cut 80,000 jobs in August. Retail cut 10,000. Financial services cut 28,000, and business services cut 22,000, including 6,500 temporary-help workers. Health-care industries added 28,000 jobs. According to a separate survey of households, employment fell by 392,000 and unemployment rose by 466,000 to 14.9 million. The employment participation rate was steady at 65.2%. The employment-population ratio fell to 59.2% Rex Nutting is Washington bureau chief of MarketWatch.
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POPS O-Bomba And who will the voters target to register their displeasure? The only signal they can send is a congressional drubbing of historic proportions in 2010 " and they seemed poised to do just that.
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POPSReasonable Questions For Unreasonable Times - Why are citizens mocked and laughed at when they ask their congressman to read the bills before they vote on them? - Was the cash-for-clunkers program meant to save the earth or the economy? Did it accomplish either? - How did Van Jones, a self-proclaimed communist become a special advisor to the president? - Did President Obama know of Van Jones’ radical political beliefs when he named him special advisor? - The Apollo Alliance claimed credit for writing the stimulus bill"why was this group allowed to write any portion of this bill? - If politicians aren’t writing the bills and aren’t reading the bills, do they have any idea what these 1000 page plus bills actually impose on the American people? - If the ‘public option’ health care plan is so good why won’t politicians agree to have that as their plan? - If town hall meetings are intended for the politicians to learn what’s on our mind"why do they spend so much time talking instead of listening?
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POPSPOLL: Opposition to Health Care Reform Is on the Rise One additional figure shows the extent to which the Obama star has faded: At his 100-day mark in April, 60 percent of Americans expressed confidence in him "to make the right decisions for the country's future." Today, just past 200 days into his presidency, it's 49 percent. Tellingly, in a result that's been steady since spring, even among Republicans, fewer than half " 46 percent " have confidence in their own party to make "the right decisions" for the country. And just 25 percent of Americans identify themselves as Republicans, vs. 35 percent Democrats " roughly steady since 2007, as disapproval of George W. Bush pushed the country away from what had been political parity a few years earlier. Obama's best hope is that a less gloomy economic outlook could leaven the public's mood more generally. One risk is that economic expectations can improve long before current conditions follow suit. Another is that when economic discontent eventually does ease,
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POPSObama Bankrupting U.S. Faster Than He Estimated: Gee, What A Surprise Letting people keep more of their money -- to pursue entrepreneurship, invention, innovation and investment -- is the only antidote to a diseased economy. Cutting taxes, a mechanism that has proven so effective, so often, I can't believe anyone would even try to dispute them... cutting taxes lifts all boats. Tax cuts are the opposite of a "stimulus" package. They are a rallying cry for economic expansion. Tax cuts, however, are anathema to Democrat Statists who seek control of your private property. They who seek to control the size of your cars, how much energy you can consume, how much water your toilets can flush, what kind of light bulbs you can buy... anything and everything related to your privacy. Interestingly, it never ends with Democrats. They always want more control of you and your private property. Now it's your physical well-being -- socialized medicine and control of your body. And, after that, they'll want more.
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POPSBuffett Says Debt Could Devolve U.S. Into A "Banana Republic Economy" Last month, in a newspaper column of his own, Federal Reserve chairman Ben Bernanke, said the huge amounts of money the U.S. central bank has pumped into the economy will not undercut its ability to push borrowing costs higher when the time is ripe. Stressing that the weak U.S. economy will likely warrant exceptionally easy monetary policies for a long time to come, Bernanke outlined in a Wall Street Journal opinion article how the Fed could raise interest rates even with cash flooding the financial system. "At some point, however, as economic recovery takes hold, we will need to tighten monetary policy to prevent the emergence of an inflation problem down the road," Bernanke wrote. The outline of the Fed's "exit strategy" from the extraordinary monetary policy easing it has undertaken in the past two years to deal with the global financial crisis was the subject of testimony to Congress by Bernanke in his twice-a-year economic report on July 21.
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POPSWho Makes The Better Boss, Men or Women? It’s a very service-oriented economy, so you need employees to be motivated and excited about what they do,” says Jay Forte, author of “Fire Up! Your Employees and Smoke Your Competition.” “Women are stronger communicators and better connectors than men, and they’re more astute about knowing how to activate passion in their employees. They watch the 43 muscles in your face and see how your emotions change.” Read more: http://www.nydailynews.com/lifestyle/2009/07/30/2009-07-30_who_makes_the_better_boss_men_or_women.html#ixzz0OLVgKyd5
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POPSClimate Legislation Means Voting Against Prosperity Some Democrats want to avoid voting on a measure that would force companies to get pollution permits, said Daniel Weiss, an energy and climate specialist for the Center for American Progress, a Washington public policy group that advises Democrats and supports a cap-and-trade system. “There is a lot of wishful thinking on the part of some senators,” Weiss said in an interview. “They want to do what is easy, not what is needed.” Put another way, they want to appear to be abiding by the wishes of the far-left liberal wing of the party that’s being lead by Obama while not actually murdering the economy, and plunging their constituents into the exact opposite of prosperity, with a carbon bill that amounts to a massive new tax on, well, pretty much everything. Plus, some of these Democrats (like, ahem, Dorgan and Conrad) come from states that are very rich in things like coal and oil. Voting for a cap and trade bill means voting against the prosperity of their . . .
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POPSCash for Clunkers: What Are the Facts? What about used car salesmen and used-parts dealers, whose livelihoods depend on these cars and parts? Every car traded in through the Cash for Clunkers program must be "scrapped, crushed, or shredded." As much as the program may be temporarily helping one part of the economy, it is permanently hurting the good men and women whose livelihoods depend on older cars and parts. Question 3: Does Cash for Clunkers actually help the environment? According to Gwen Ottinger, a researcher at the Chemical Heritage Foundation's Center for Contemporary History and Policy in Philadelphia, the answer is hazy at best: Building a new car, washing machine or refrigerator takes energy and resources: The manufacture of steel, aluminum and plastics are energy-intensive processes, and some of the materials used in durable goods, especially plastics, use non-renewable fossil fuels as feedstocks as well as energy sources. Disposing of old products, a step required by most incentive and rebate
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POPSSocialists Don't Spread Wealth Around, They Spread Poverty Around Obama and the The Cloward-Piven Strategy of Orchestrated Crisis First proposed in 1966 and named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven, the "Cloward-Piven Strategy" seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse. An article titled "The Weight of the Poor: A Strategy to End Poverty" in the May 2, 1966 issue of The Nation. Following its publication, The Nation sold an unprecedented 30,000 reprints. Activists were abuzz over the so-called "crisis strategy" or "Cloward-Piven Strategy," as it came to be called. Many were eager to put it into effect. http://exposingliberallies.blogspot.com/2009/07/obama-and-the-cloward-piven-strategy-of.html My beloved America is under assault from within. Our economy is in chaos, and our leader is enjoying every moment of suffering experienced
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POPS tradin’ up Since new models get better mileage, the government will junk your old ones for you. Of course, in order to stimulate the economy, it will all be handled by contractors: you know, like Soylent, LLC. Finish your assignment! (What? Nooooo, I was talkin’ about the cat !) Close the book. DougM (commissarophobe)
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POPSBecause It's Always Been About Him . . . weight - at the hands of Democrats It's the Blue Dog Democrats in the House who wince at skyrocketing health-reform costs just weeks after having swallowed hemlock for 0bama on a ruinous cap-and-trade carbon tax. He seized on Republican Sen. Jim DeMint's comment that stopping 0bama on health care would break his presidency to protest, with perfect disingenuousness, that "this isn't about me. This isn't about politics. "It's all about him. Health care is his signature reform. He knows that if he produces nothing, he forfeits the mystique that both propelled him to the presidency and has sustained him through a difficult first six months. Which is why 0bama's red lines are constantly shifting. Universal coverage? Maybe not. No middle-class tax hit? Well, perhaps, but only if they don't "primarily" bear the burden. Because it's about him , 0bama is quite prepared to sign anything as long as it is titled "health care reform."
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POPSDark Clouds Over The Economy, Courtesy of Smug, Harvard-"Educated" Liberals! Political Correctness : For years, Harvard depended on an aggressively managed investment fund guided by brilliant people. But then, the University assisted by the mainstream press went all PC on them, accusing them of the heinous crimes of being too successful and making too much money. By 2005, Jack Meyer had had enough. After 15 years at Harvard Management Company, frustrated by the circular fights about compensation, and sick of justifying himself to Summers and Rubin, he walked out and started his own giant hedge fund. Shamelessly, he took many of Harvard Management Company’s best people with him, about 30 portfolio managers and traders, along with the chief risk officer, chief operating officer, and chief technology officer. How well did the strategy of punishing the successful work? Not so well, it turned out. First, a directionless, caretaker regime lost half a billion dollars in a trendy hedge fund.
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POPSSprott: "It's The Real Economy, Stupid" Anything that starts with "We are now in the early stages of a depression" is a must read. (Sprott Asset Management pdf file) via Zero Hedge http://zerohedge.blogspot.com/2009/07/sprott-its-real-economy-stupid.html US Housing Market Failure: The annual pace of new home sales is now 342,000, a whopping 32.8% below the rate in May 2008. At the current sales pace, there is 10.2 months worth of inventory overhang sitting on the market, dragging down prices and encouraging potential buyers to wait it out as prices deflate... New home sales are down 73% from the all time high of 1,283,000 new homes sold in 2005 (mild recession?)... Rail Car Loadings Suffering: For the first 26 weeks of 2009, US railroads reported cumulative volume of 6,806,892 carloads, down 19.2% from 2008. Stock Market ...at the end of June 2009, the S&P 500 traded at an inflation adjusted P/E ratio of 16.08 And now the Democrats want to destroy healthcare by
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POPSThe 'Cap And Tax' Dead End By Sarah Palin July 14, 2009 Particularly in Alaska, we understand the inherent link between energy and prosperity, energy and opportunity, and energy and security. Consequently, many of us in this huge, energy-rich state recognize that the president's cap-and-trade energy tax would adversely affect every aspect of the U.S. economy. There is no denying that as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources. But the answer doesn't lie in making energy scarcer and more expensive! Those who understand the issue know we can meet our energy needs and environmental challenges without destroying America's economy. Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years. So much for creating jobs. In addition to immediately increasing unemployment in the energy sector, . . .
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POPSGlobal Cooling Wrecking Tourism In NE From an unfazed Associated Press The tourism season is young, so there are few statistics indicating how it’s going. In Maine, those that are available point to a rough start. In June, traffic was down 3 percent on the Maine Turnpike, and day use at state parks was down by nearly a third. There’s no sugarcoating the bitter pill in a state where "Vacationland" is on the license plates and tourism is the biggest industry, pumping $10 billion into the economy. Vaughn Stinson, chief executive officer of the Maine Tourism Association, put the damage at millions of dollars in Maine alone. "When you have just day after day after day of that, it just really dampens " no pun intended " everyone’s enthusiasm," Stinson said. It’s certainly bad for businesses that had to close. Story Land in Conway, N.H., and Funtown Splashtown USA in Saco are among those that closed briefly. Under sunny skies, Friday marked only the seventh day in two weeks that Aquabaggon news.yahoo.com
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POPSEconomic Credulus that began on President George W. Bush’s watch. But with Obama’s poll numbers slipping on economic issues, Republicans want to lay the economy at the president’s feet. You know, I’m pretty sure in earlier an time, the Associated Bush-bash would have stuck in a phrase along the lines of ”deeply unpopular economic policies” in the second or third graph, rather than tucking that vague polling data reference way down the bottom, and then just using it to suggest cynical Republican political maneuvering. Never mind. I know Nobel laureate Paul Krugman is demanding more national debt. I have a different idea. Forget a second stimulus. If they haven’t managed to even start paying out the first one. How about a Re-Thinkulus. Since it turns out that subsidizing government hacks instead of cutting them, and pouring money into agenda-pushing wishful thinking projects isn’t doing it, it’s a great opportunity to start doing what they should have done in the first place. . . . .
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POPSThe CEO Hostage Crisis At Bank of America BofA officials tell me that the SEIU agitation took off after Lewis refused a sit-down with the union's leaders. "We think Ken Lewis is bad for the company and the economy, and we also think that as long as you have a system where workers can't speak out, you can't fix the economy," said Stephen Lerner, an SEIU assistant president. Somehow, it's a little difficult to believe that the SEIU's main goal is the recovery of the financial system. A BofA spokesman says, "We think Bank of America is a model employer, and we don't see any advantage of associates being represented by a third party." The feds, that is, have de-facto control of the bank (as they do of Citigroup and much of the rest of the industry). And that control is being exercised by the Obama administration -- the most union-friendly in decades. The SEIU alone spent $60 million to elect this president. But so far the union doesn't have much to show for a return on that investment.
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POPSOPEN LETTER TO CONGRESS: YOU ARE BEING DECEIVED ABOUT GLOBAL WARMING The facts are: The sky is not falling; the Earth has been cooling for ten years, without help. The present cooling was NOT predicted by the alarmists' computer models, and has come as an embarrassment to them. The finest meteorologists in the world cannot predict the weather two weeks in advance, let alone the climate for the rest of the century. Can Al Gore? Can John Holdren? We are flooded with claims that the evidence is clear, that the debate is closed, that we must act immediately, etc, but in fact THERE IS NO SUCH EVIDENCE; IT DOESN'T EXIST. The proposed legislation would cripple the US economy, putting us at a disadvantage compared to our competitors. For such drastic action, it is only prudent to demand genuine proof that it is needed, not guesswork, and not false claims about the state of the science. DEMAND PROOF, NOT CONSENSUS Many alarmists are profiting from their activism. There are billions of dollars floating around for the taking, and being taken.
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POPSYou've Just Crossed Over Into The Twilight Zone! The United States Congress cemented the inevitability of collapse of the American coal industry with their passage of this supposed "energy bill." The prophesy is proven. Barack Obama does intend to bankrupt the American coal industry. They have given themselves over to the loyalty of Marxist idealism as opposed to the people who elected them and now, we will all must suffer the consequences of failing in our diligence to insure that they looked out for our better interests. America was already on life support, with a staggering economy and monthly job losses literally crushing the breath out of every gasp and attempt made by the economy to catch its breath. “We passed transformational legislation which takes us into the future,” Pelosi said at a press conference following the vote, after she and other leaders took congratulatory phone calls from Obama, former Vice President Al Gore and Senate Majority Leader Harry Reid. http://www.politico.com/news/stories/0609/24232.html
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