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POPS'Sacrifice' And The Practice Of Slaves and Masters
Liberals always talk about sacrifice -- Obama, every time he opens his mouth, mentions the need for people to sacrifice. ... We all have to jointly suffer in order for all of us to somehow be the same. ... self-interest is not selfishness. Self-interest is what built this country. Somebody starting a business did it in his self-interest. He didn't start a business so that there would be jobs and health care in the community. He started a business because he loved the business that he was in. ... He had a product or a service that he thought would improve the lives of people. ... Let me give you a quote from Ayn Rand on this. 'It only stands to reason that where there's sacrifice, there's someone collecting the sacrificial offerings. Where there's service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master.' That is President Obama." --radio talk-show host Rush Limbaugh
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POPSBut I Thought that the Obama Job-Creating Stimulus Plan Wouldn't Work In spite of the assurances of Republicans, conservatives, and those who despise the idea that their tax dollars might create a job for someone who needs one, that the Obama stimulus plan wouldn't put anybody to work, it appears that one manufacturer of heavy equipment has already said he will rehire laid-off employees if the stimulus package is approved. Of course it will result in people being hired. All that infrastructure development and we cannot expect that all of the allied industries awash in orders won't need more employees to increase production and deliver the products? Only dunderheads believe that--you know, true believers, ideologues, deliberative idiots.
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POPSScarborough's looniness: "pure, straight socialism" Why the Obama plan is not charity, and why this kind of tax refund is the most effective at stimulating the economy. Back to high school, Joe. Socialism is about government ownership of the means of production, not about tax refunds!
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POPSBailout Bill Loops In Green Tech, IRS Snooping • One-year extension for wind and refined coal energy tax credits. A production credit for electricity produced from renewable marine energy sources Energy credits for "small wind properties," geothermal heat pump systems, and energy-efficient residential properties. • New renewable-energy bonds. Up to $800 billion in energy bonds may be offered to the public... • Tax credits for "cellulosic biofuels" and for "carbon dioxide sequestration." An extension of an alternative fuel credit. Tax credits for "new qualified plug-in electric-drive motor vehicles." Bicycle commuters get a nod,... The bailout bill also gives the Internal Revenue Service new authority to conduct undercover operations. It would immunize the IRS... federal laws, including permitting IRS agents to run businesses for an extended sting operation.. Anti-Drug Abuse Act in 1988, the IRS has possessed this authority temporarily, with occasional multiple-year lapses...such undercover authority would be made perma
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POPSSenate Passes Pork-Stuffed Bailout Bill Oink, Oink! Your Senate at work, stuffing ear-marks into the "must pass" financial bailout bill. They all lined up. This by itself should make it very tempting to reject by republicans. Yet the hypocrite McCain, as well as Obama, supports it, (and Bush would sign it), even though it will NOT FIX THE PROBLEM, BUT EXACERBATE IT (according to economists who know), and put all Americans and the federal government on the hook for the about a TRillion Dollars in new debt, transferring bad debt from Wall Street to Main Street. Even more sickening about all this is that both McCain and Obama support this balderdash. It favors Obama as he wants more government spending and government control. This however flies in the face of what McCain has been saying that he will veto earmarks and pork barrel spending. THE HOUSE SHOULD REJECT THIS. CALL THEM!
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POPSBailout Marks Karl Marx's Comeback Marx’s Proposal Number Five seems to be the leading motivation for those backing the Wall Street bailout. If he were to rise from the dead today, Marx might be delighted to discover that most economists and financial commentators, including many who claim to favour the free market, agree with him. At first glance, anyone who understands economics can see that there is something wrong with this picture. The taxes that will need to be levied to finance this package may keep some firms alive, but they will siphon off capital, kill jobs and make businesses less productive elsewhere. Increasing the money supply is no different. It is an invisible tax that redistributes resources to debtors and those who made unwise investments. So why throw this sound free-market analysis overboard as soon as there is some downturn in the markets? The rationale for intervening always seems to centre on the fear of reliving the Great Depression.
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POPSFREE Email: No More Excuses For High Energy Prices! There's just one problem: Democrats are refusing to allow the bill out of committee, so the full House of Representatives can vote on it! Thankfully, Rep. Tim Walberg (R-MI) has filed a "discharge petition" to get H.R. 3089 OUT of committee and force a vote on it. That petition already has 153 names on it -- but it requires 218 signatures to force that vote... So WE need to get 65 more Congressmen to SIGN that petition, NOW!
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POPSSolar News Roundup It appears solar and renewable energies are inching closer into the main stream economy. Especially in the building and housing industry.
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POPSPETITION: To Secure Unrestricted Reliable Energy Amends the Internal Revenue Code to: (1) allow the issuance of tax exempt facility bonds for the financing of domestic use oil refinery facilities; (2) extend through 2018 the tax credit for producing electricity from wind facilities; and (3) allow tax credits for the production of electricity from nuclear energy, natural gas production, and carbon dioxide tertiary injectant processes. Requires the President to designate at least 10 sites for oil or natural gas refineries on federal lands and make such sites available to the private sector for construction of refineries.
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POPS Dumb as We Wanna Be
By THOMAS L. FRIEDMAN he goes on: Are you sitting down? Few Americans know it, but for almost a year now, Congress has been bickering over whether and how to renew the investment tax credit to stimulate investment in solar energy and the production tax credit to encourage investment in wind energy. The bickering has been so poisonous that when Congress passed the 2007 energy bill last December, it failed to extend any stimulus for wind and solar energy production. Oil and gas kept all their credits, but those for wind and solar have been left to expire this December. I am not making this up. At a time when we should be throwing everything into clean power innovation, we are squabbling over pennies. These credits are critical because they ensure that if oil prices slip back down again — which often happens — investments in wind and solar would still be profitable. That’s how you launch a new energy technology and help it achieve scale, so it can compete without subsidies. The
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POPSCongress Punishes American Oil.............by Steve Forbes continued>>by putting a handful companies at the mercy of competitors across the globe. Even more outrageous, foreign oil companies, including Citgo, owned by the government of Venezuela, will not lose the deduction. In other words, foreign oil companies with US production will actually pay a lower tax rate than American companies. How can members of Congress support legislation that will reward companies such as Citgo, while placing U.S. companies at a competitive disadvantage? In their zeal to punish "big oil" members of Congress have made a mockery of our energy policy. What few in Congress have talked about is that millions in subsidies will go to large and successful companies. These companies have been at the forefront of the lobbying campaign for this legislation. So despite all the talk of promoting renewable and alternatives, it's nothing more than another congressional debacle to transfer wealth to favored interest. Revisiting the mistakes of the 1970's..........
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POPSU.S. Government = idiots In my opinion, the most effective strategy for getting the U.S. economy going would be to devote enormous resources to the adoption of renewable sources of energy (not to mention the political and environmental benefits). It should be the Energy Revolution and it should be as epic as the Industrial Revolution. The country should be more committed to it than we were to putting a man on the moon. We need to innovate our way to the future. If we don't do it soon, we will just be playing catch because Europe and Asia will do it. That said, our government seems to be totally indifferent to this. Or, perhaps they are bought by Big Oil. Whatever it is, we need leadership from business and government that recognizes this incredible opportunity. Why Obama and Hillary aren't talking about this more is beyond me.
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POPSFAQ -- Wind Farm Economics I had read a lot of this elsewhere, and do not have a reason to disbelieve them, but I wish these 'facts' had citations or references... kinda not 'facts' without them.
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POPSWind Farms in California. 1,000 Megawatts to be added. The federal government encourages electricity production from wind farms with a 1.5-cent per kilowatt-hour tax credit. California also offers incentives through the Existing Renewables Program ($70.2 million for Tier 2, wind) and the New Renewables Program (nearly 1,000 megawatts of new, installed capacity is being added under this program).
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