Solutions for America
after the “O”
We’re told one reason Obama’s popularity is falling in various polls is because the hard left have lost faith in him. The next leftist to take up the mantle of saving the republic from the scourge of individual liberty will learn from Obama’s defection from the left’s vision. That ideologue will capture the hearts of the hard left and also collect the drifting center independents in the deal. When they all fall in line behind the next strong man we will have our American dictator.
primary questions
It’s fascinating how the national post-primary spin has morphed Buck into an upstart outsider candidate (the one supported by millions of Washington PAC money) and Norton is now the old guard candidate (who petitioned on to the ballot because the old guard caucus system wouldn’t support her.)
And it’s fascinating that Tancredo (defender of closing American borders to illegal immigrants) got into his race by issuing an ultimatum to Maes and McInnis to withdraw, and now Maes has issued orders to Tancredo to withdraw. Who will blink first in the Tancredo vs. Maes Mexican standoff? (And does Tom even do Mexican standoffs?)
If the Republican Party leadership concludes that Maes can’t beat Hickenlooper, could they get Maes to stand down (unlikely), and would they dine on some chewy crow and nominate Norton (unlikely) ?
8/8/10 – 8/9/10
October Surprise 2010
Written by Dr. Jack Wheeler
Thursday, 08 July 2010
In London last week, I had dinner with an old friend, Ambrose Evans-Pritchard, one of the world’s most well-known journalists who currently writes the financial news column for the Daily Telegraph.
A few days later (7/04), Ambrose unloaded a column that made a headline on Drudge, that the US is headed for a repeat of the 1932 Great Depression.
Here’s the question to make sense of this: Did the Great Depression result in an expansion of economic freedom or an expansion of government control?
It’s a rhetorical question, of course. The Great Depression ushered in a sea-change shift away from individual liberty to massive unconstitutional government interference in American lives. It also launched the Democrats’ monopoly control of political power in Congress, most specifically in the House where all the money is initially spent, that lasted sixty-two years, from 1932 to 1994.
We are now on the verge of a Second Great Depression. As the apparatchiks in the Kremlin of the Soviet Union would say when confronted with a curious convergence of events, “This is no accident, Comrades.” [Read more…]
8/6/10
Inception
Heedless of consequences
Why worry about consequences to little brown freedom-loving people on the other side of the world when there’s always Bush to blame? And how can a few million casualties possibly matter while there’s a battle for utopia on the line?
journalistas
leftos dithering
Colorado leftists are freakin’ out as the election comes into focus and they’ve realized that no one takes them and their ridiculous policies seriously anymore. Two years ago their socialist agenda had the benefit of obscurity–significant time had passed since their socialist ideas were last tried and failed, so they could appear fresh, new, even imaginative. Ha! Well, that’s over and we all get to experience the socialist failure in real time now. Everyone sees all the new public spending built on debt, all the new equipment for police and fire, plenty of federal money for schools, yet the private sector remains under siege, small businesses can’t afford to hire, and people are still losing jobs and homes.
So, the bloom is off the Obama rose for all those useful idiots who believed the socialist fiction two years ago. And just wait till those 39 million uninsured voters who already don’t pay any federal income tax wake up next year to discover they owe $900 to the feds because they haven’t secured a health insurance policy. Ooh they’re going to be pissed to discover they’ve been turned into criminals. Of course, even though not a single Republican voted for Obamacare, they’ll still find some way to blame Republicans for their predicament.
I mean, leftism is a belief system that suspends causation and the rules of sound logic, so, under that umbrella, reality and history don’t stand a chance.
Last Call for Ethanol
From Taxpayers for Common Sense
Volume XV No. 28: July 16, 2010
Like a sailor on a late night bender, corn ethanol boosters are belly up to the bar trying to cajole another drink from the subsidy tap before the lights come on. Some in Congress seem all too ready to give in, costing taxpayers billions in the process. But in light of the yawning budget deficit and the failed promise, ethanol should be forced to make its own way in the marketplace.
Like alchemy of old, the idea of turning corn into fuel is an attractive one – a renewable, domestic, more efficient fuel. So for years Congress has lavished a tax credit, import tariff on foreign ethanol, usage mandate, and other subsidies in an effort to give the industry a leg up. But these efforts have yielded as much success as the alchemist had turning lead into gold. And according to a new Congressional Budget Office report, corn ethanol costs taxpayers $1.78 to reduce gasoline consumption by one gallon.
To promote the use of ethanol, we give fuel blenders (generally the big oil companies) a 45 cents per gallon tax credit. That costs more than $5 billion per year. But the Volumetric Ethanol Excise Tax Credit (VEETC) expires at the end of the year, and the industry is scrambling to keep the subsidies flowing.
The Renewable Fuels Association and their allies are trying to get something – anything – in place. The tax writers in the House are considering a proposal to extend the tax credit for another year, but at a lower rate – 36 cents per gallon. That would still cost $3.8 billion. And under budget rules, Congress would have to find offsetting spending cuts or revenue increases to pay for the extension.
Just this week another ethanol enabler, Growth Energy, rolled out a plan to end the subsidies. Well, not really. Sure, they called for phasing out the tax credit – so far so good – but then replace it with infrastructure subsidies so that ethanol could compete in a “fair and open market.” Apparently the irony was lost on them. Instead of tax credits, Growth Energy wants money to pay for pumps at gas stations and pipeline infrastructure. Oh, and a mandate that all vehicles sold in the U.S. be flex-fuel.
Let’s not forget, VEETC isn’t the only subsidy the ethanol industry is bingeing on. There is a renewable fuels mandate to use biofuels, predominantly corn ethanol. The Government Accountability Office has pointed out that this mandate, which will go up to 15 billion gallons by 2015, is the primary driver of ethanol production. So why should we just give billions in tax credits to oil companies to use something they were going to use anyway?
After more than 30 years of subsidies, it’s well past time for the ethanol industry to grow up and stand on its own. In light of our current fiscal situation, we cannot afford to keep picking up the tab. So rather than handing the subsidy-addicted ethanol industry another last swig, Congress should show them the door and let the credit expire at the end of the year. Then taxpayers will have something to toast.
Tax more –> Get less
Calhan Races 7/3/10
Obama concedes loss of House
Rich Galen’s conclusion: [Read more…]
skilled workers needed
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