Sunday, August 3, 2008

The Wisdom of Dear Leader Pelosi

Politiburo chief Nancy Pelosi lies and insults our intelligence with this vapid post:

"The president has failed in his economic policy, and now he wants to say,
'but for drilling in protected areas offshore, our economy would be thriving and
the price of gas would be lower.' That hoax is unworthy of the serious debate we
must have to relieve the pain of consumers at the pump and to promote energy
independence.

Today, the New Direction Congress will vote on legislation to bring down
gas prices by taking crucial steps to curb excessive speculation in the energy
futures market. The president himself could lower prices by drawing down a small
portion of our government oil stockpile, the Strategic Petroleum Reserve. The
New Direction Congress will continue to bring forth responsible proposals to
increase supply, reduce prices, protect consumers, and transition America to a
clean, renewable energy independent future."


Instead, she blocked a vote on drilling and then shut the joint down. As reported here before, blaming speculators for current gas prices is like blaming the dead canary for the gas in the coal mine. But this sounds good to her willfully ignorant base because if someone is making more money than them doing something they don't understand, then it must be evil.

This is the same type of warped warped logic that says the law of Supply and Demand is "a hoax" while believing that the theory of Global Warming is fact.

Pelosi also tells us that the idea of increasing our domestic oil supply by billions of barrels is unworthy of serious debate (sound familiar?), but then proposes to lower prices by releasing some of the 35 days worth of oil supply in the Strategic Petroleum Reserve. That will lower prices by at least a penny for five minutes.

She and Obama must have gone to the Salvador Dali School of Economics.

Tax Oil to Pay For Oil

ST. PETERSBURG, Fla.
-- Democratic presidential candidate Barack Obama Friday pushed for a windfall profits tax to
fund $1,000 emergency rebate checks for consumers besieged by high energy
costs...


Can you feel the stupidity? It's a thrill running up my leg!

Wow! Can I really take money from a seller and give it to the buyer in order to pay the seller? "Won't the seller raise the price?" says the buyer? "Oh no", says Saint Obama. "For I have repealed the laws of supply and demand and have abrogated the human condition!"

Black Education: Hard Times at Douglass High

From Walter Williams:


"Whether we want to own up to it or not, the welfare state has done what Jim Crow, gross discrimination and poverty could not have done. It has contributed to the breakdown of the black family structure and has helped establish a set of values alien to traditional values of high moral standards, hard work and achievement."

Saturday, August 2, 2008

Pickens Plans to Steal Property for Windfarm

Not only is Pseudo-Capitalist T. Boone Pickens trying to pick the pockets of American taxpayers with his phony plan, he's now convinced the Texas legislature to give him the power of eminent domain by granting him his own fiefdom, with Pickens and his wife as King and Queen.

"Simply put, Pickens’ pitch is “embrace wind power to help break
our ‘addiction’ to foreign oil.” There is, however, another intriguing component
to Pickens’ plan that
goes unmentioned in his TV commercials, media interviews and web site -- water
rights, which he owns more of than any other American...

At Pickens’ behest, the Texas legislature changed state
law to allow the two residents of an 8-acre parcel of land in Roberts County to
vote to create a municipal water district, a government agency with eminent
domain powers. Who were the voters? They were Pickens’ wife and the manager of Pickens’ nearby
ranch.
And who sits on the board of directors of this water district?
They are the parcel’s three other non-resident landowners, all Pickens’ employees.


What’s this got to do with Pickens’ wind-power plan? Just as he needs pipelines
to sell his water, he also needs transmission lines to sell his wind-generated
power. Rights of way for transmission lines are also acquired through eminent
domain -- and, once again, the Texas legislature has come to Pickens’ aid.

Earlier this year, Texas changed its law to allow renewable energy
projects (like Pickens’ wind farm) to obtain rights-of-way by
piggybacking on a water district’s eminent domain power. So Pickens can now use his
water district’s authority to also condemn land for his future wind farm’s
transmission lines."


Jellyfish Predict End of the World

You've got to admire the tenacity of the Church of Global Warming acolytes. They just keep throwing anything and everything at the wall, hoping something sticks. The New York Times dutifully reports this latest bit of hysteria with the dying newspaper's now painfully obvious agenda driven reporting.

From Spain to New York, to Australia, Japan and Hawaii, jellyfish are
becoming more numerous and more widespread, and they are showing up in places
where they have rarely been seen before, scientists say.

While no good global database exists on jellyfish populations, the
increasing reports from around the world have convinced scientists that the
trend is real, serious and climate-related
, although they caution that
jellyfish populations in any one place undergo year-to-year variation.


So, once again we have a "scientific" conclusion based on nothing more than anecdotal evidence. A conclusion that refuses to even investigate any of numerous alternative causes for this phenomenon, if it exists at all. Notice also that the NYT tells us that all of this has "convinced" not some, most or just one scientist, but implies that this too is beyond debate.

Barack "Harold Hill" Obama

From the Toronto Sun:

"Folks in Middle America are realists. Middle America, besides geography, also refers to the American character -- irrespective of ethnic origin -- of being proud of a country built by the love and sacrifice of previous generations
into the greatest power in history.

Middle Americans uncomplainingly run the daily routines of keeping America free, prosperous and strong. Theirs is a story of unfailing optimism, generosity, courage and romance.

They cheer for the underdog, and might lend their ears for a while when an unknown fake like Harold Hill from the musical favourite, The Music Man, comes along. But it is not long before they see through the likes of Hill in
their midst.

They are grounded on values supported by common sense.
Their politics are well represented in the editorial pages of The Wall Street Journal, on Fox television, and by conservative radio personalities like Rush Limbaugh, as much as liberals may despise him.

Middle Americans, as such, will not long tolerate any Harold Hill-type fake, irrespective of how the mainstream media does the packaging, for their president."

America is still a country that, unlike Obama's European Utopia, still values individual achievement and substance. For the most part, we expect that those who want our respect and trust have done something to earn it. We also don't have a lot of sympathy for rubes. Obama's thin-skinned reactions to criticism and the over the top cheer leading of the media, is gaining the notice of the average American too busy to pay much attention to this circus just yet. His inability to move in the polls is a result of a lot of these folks starting to ask: "Who is this guy?"

If the American public at large gets the sense that Obama is the phony that he is, then he's sunk. When Obama takes the stage in Denver at the 50,000 seat venue his massive ego couldn't resist, a lot of Americans will be asking: "who the hell does this guy think he is?"




WAPO's "business reporter" wants less business

Having StevenPearlstein as your business reporter is like hiring a Red Sox fan to cover the Yankees. And an ill informed one at that. Pearlstein has already called for the collapse of Wall Street and now he calls for the death of capitalism with his usual economic illiteracy. He blames too little regulation for the ills of health care, energy, housing etc.; ignorant of the fact that most of those problems can be traced directly to market distorting tax and regulatory policy, along with constant meddling in markets for purely political considerations regardless of the harmful results. Pearlstein supports more of the same "solutions" that caused the problems in the first place and apparently wants our economy and culture to slow down to the speed of lumbering Europe.