“The European Union has turned into an undemocratic and elitist project comparable to the Communist dictatorships of eastern Europe that forbade alternative thinking, Czech President Vaclav Klaus told the European Parliament on Thursday.”
If memory serves me, he also believes climate change is a dangerous myth. Gotta get this guy on the Boulder is a Stoopid Place “Hall of Fame”!
Yea, among the political elite and progressives. All people who like to spend other people’s money.
We’re talking global warming of course.
Senate Majority Leader Harry Reid says he wants to take up a bill to tackle global warming by the end of the summer.
The Nevada Democrat told The Associated Press in an interview late Thursday that the Senate in the next few weeks will move to pass an energy bill focusing on several of President Barack Obama’s priorities, but then ” hopefully late this summer do the global warming part of it.”
There is widespread agreement that the climate change issue must be addressed. But there remains sharp disagreement on just how to do it.
Does anyone have a sock to stick in this guys mouth?
Turns out I.G.Y. stand for International Geophysical Year. That rings a distant bell. At anyrate, the review makes for interesting reading.
I bet people get a lot smarter about not overpaying their taxes this year!
Ten ways for federal cash to come to Boulder. Boulder politicians salivate over federal money.
1. Northwest Rail, RTD FasTracks
Funding: $9.3 billion for high-speed rail corridors and inter-city passenger rail service
2. Captain Jack Superfund site
Funding: $1.2 billion for the EPA’s cleanup programs
3. Boulder’s labs
Funding: $830 million for NOAA, $580 million for NIST and $3 billion for the NSF
4. Plug-in and hybrid vehicles
Funding: $400 million in grants to states and local governments to purchase energy-efficient vehicles and infrastructure for electric vehicles
Tax breaks: $2 billion for tax credits of up to $7,500 for a new plug-in vehicle and up to $4,000 for converting a vehicle to a plug-in
5. University of Colorado
Funding: $15.6 billion to increase the maximum Pell Grant by $500 for low-income students, $40 billion for states to use for public education funding and $200 million for work-study programs
Tax breaks: $13.9 billion to expand the Hope credit to $2,400 per student per year of college up to four years
6. Xcel Energy
Funding: $11 billion to make the electric grid “smarter”
Tax breaks: $14 billion to extend tax credits for wind energy through 2012 and remove the cap on investment tax credit for small wind farms
7. Wildland fire management
Funding: $500 million for fuels reduction and forest health
8. NASA’s atmospheric research
Funding: $1 billion for climate research and researching environmentally responsible airplanes
9. Solar panels and energy efficiency
Funding: $6.3 billion in grants to local governments to increase energy efficiency, $5 billion to help low-income families weatherize their homes and $300 million in rebates to individuals who buy energy-efficient appliances
Tax breaks: $2 billion to increase tax credits for energy-efficient purchases, such as new furnaces or insulation, to 30 percent through 2010 for up to $1,500; $268 million to give a 30 percent tax credit — and remove existing caps — for installing solar thermal, geothermal and wind power
10. Alternative fuels research
Funding: $2.5 billion for energy-efficient and renewable-energy research, and $2 billion for research through the Department of Energy
Nothing better than politicians bringing home money to their constituents. Oink, oink.
Boulder elite, you cannot print your way to prosperity. Guess you’re sure gonna have a good time trying.
Let the competent people take over from the incompetent people. Instead, Jim Rogers poinst out, we’re doing the opposite.
It all started with the moral hazard from Long Term Capital Management bailout.
How many “bad” years will we have?
I find myself more optimistic than Jim, but unable to back that up with logic. I certainly endorse his thinking regarding letting banks and businesses fail. I would like to say that my belief in the human spirit is more optimistic than his, and it probably is, but he’s seen a lot more human spirit than I. Also, my faith in the US Government finds itself at an all time low.
It would be great if the Obama stimulus package works, and I believe it will give one heckuva a head fake towards working but as Bill Fleckenstein says in his recent writing over at MSN money, “Prosperity is not printable“.
And speaking of the stimulus not working; Gold is up around $130/oz over the last 30 days. Wonder why?
Gold charts at Kitco.com.
Rubin hits the nail on the head. The fiscal fantasies of Hope are about to slam head-on into the economic realities of the bond market. Economic reality is an unmovable object, and liberals are about to discover that Hope is not an irresistible force.
Or, in fewer words: It Won’t Work.
Perhaps this will keep it from being our Children’s problem, eh!
Chris Adams
8494 Stoneridge Terrace
Boulder, CO
Chris Adams
8494 Stoneridge Terrace
8494 Stoneridge Terrace
Chris Adams
8494 Stoneridge Terrace
Boulder, CO
These are the guys leading us out of the economic crisis?.
And so on. Clearly, the White House is using the time-honored mathematical method of pulling numbers out of one’s rear end. They are so bad about it that no one at the White House apparently thought to reconcile the numbers to see whether they even came close to agreement before publishing them. If someone produced numbers like this in the private sector for a project, they’d be fired. In the public sector, they get to run things.
Can we afford to take economic policy from an administration who can’t even figure out addition?
And the answer is “we’re going to find out”.
Alert, alert new largest number. I find it interesting it’s an integer, although that’s only the beginning!
An international mathematics research team announced today that they had discovered a new integer that surpasses any previously known value “by a totally mindblowing shitload.” Project director Yujin Xiao of Stanford University said the theoretical number, dubbed a “stimulus,” could lead to breakthroughs in fields as diverse as astrophysics, quantum mechanics, and Chicago asphalt contracting.
Big hat tip to Darren over at Right on the Left Coast.
Over the past year I’ve been lucky enough to spend time with wounded soldiers, many of them Special Forces and most of them amputees. We first met at Feherty’s IED of Golf, an event in July during the week of Tiger’s event at Congressional. I was still feeling the effects of having been flattened by a truck in a bicycling accident, and a Green Beret named John Wayne Walding, who lost his right leg below the knee in one of the most horrific firefights of the Afghan war, asked me how I was feeling. I said I was doing great other than my left shoulder, which had been so badly separated that it would be a year before I could start rehab. “No it isn’t,” he replied. He bent down, pulled off his prosthetic, held it up and pointed at it, grinning like an idiot. “That’s f—ing separated.”
Read the whole thing.
Hat tip to my friend Bob.
From Steely Dan…
Standing tough under stars and stripes
We can tell
This dream’s in sight
You’ve got to admit it
At this point in time that it’s clear
The future looks bright
On that train all graphite and glitter
Undersea by rail
Ninety minutes from New York to Paris
Well by seventy-six we’ll be A.O.K.What a beautiful world this will be
What a glorious time to be freeGet your ticket to that wheel in space
While there’s time
The fix is in
You’ll be a witness to that game of chance in the sky
You know we’ve got to win
Here at home we’ll play in the city
Powered by the sun
Perfect weather for a streamlined world
There’ll be spandex jackets one for everyoneWhat a beautiful world this will be
What a glorious time to be freeOn that train all graphite and glitter
Undersea by rail
Ninety minutes from New York to Paris
(More leisure time for artists everywhere)
A just machine to make big decisions
Programmed by fellows with compassion and vision
We’ll be clean when their work is done
We’ll be eternally free yes and eternally youngWhat a beautiful world this will be
What a glorious time to be free
Indeed, what a beautiful world it will be!
Watch Steely Dan perform from Manassas in 1996.
At least according to IBD. Here are some choice snippets. Note there are so many, reading the whole thing is highly suggested.
Rep. Tom Cole, Republican from Oklahoma, was a bit more refined but no less biting in his commentary. Borrowing from Winston Churchill, he wryly observed from the House floor Thursday morning that “Never have so few spent so much so quickly to do so little.”
It overflows with pork — $2 billion to ACORN, an anti-capitalist “community” group that’s been accused of voter registration fraud; $30 million to restore wetlands and save the endangered salt marsh harvest mouse in the San Francisco Bay Area (a Nancy Pelosi project); another $1 billion for a Prevention and Wellness Fund for education programs on sexually transmitted diseases.
Boulder County commissioners, here’s your piece of pork…
Tens of billions will be spent on high-speed rail lines, which will be of little practical use but of great political service, and projects to expand high-speed Internet access in rural areas.(bold is mine)
By releasing $800 billion in new welfare spending over the next decade and undermining current work requirements, it will largely undo the successful 1996 welfare reform. Once again, Washington will be paying bonuses to states that expand their welfare rolls. In what world is increasing dependency on government a stimulus for the private economy?
States that have spent recklessly for years will get bailouts when they should instead suffer the consequences of their actions. The compromise bill includes $54 billion to hand out to state and local governments, a perverse reward for elected officials who can’t control their spending.
Here’s the “new baseline” mentioned in a previous post…
The entire mess will eventually cost not $789 billion but $3.27 trillion. The Congressional Budget Office calculated that figure by including $744 billion in debt service and $2.527 trillion in spending over the next 10 years if the bill’s 20 most popular programs are permanently extended, which seems likely. There’s nothing in the history of government programs that indicates that won’t happen.
Enjoy the porkfest while it lasts liberals, it will be one hell of a hangover. I guarantee it.
Liberals, you were worried about the NSA, authorized by the Bush administration, listening in on our phone calls. Are you concerned about the government monitoring your health care?
Looks like you can blame Tom Daschle’s influence for it. Of course, that is if you actually have a problem with it!
Here’s the Bloomberg article mentioned in the video.
Betsy remarks on liberals suddenly not worrying about the deficit.
It’s funny to see people who used to worry about the impact of much smaller deficits now shrugging off all concern about passing a spending package that will raise the deficit to a percent of GDP that we haven’t seen for more than a half-century.
A new level of baseline spending is being set, there is no turning back. A great thing if you’re a socialist.
This bill was not created by economists trying to figure out how best to lower unemployment. It was created by appropriators stuffing their favorite programs into the bill without regard to any stimulative effect. Their new philosophy, as enunciated by President Obama, is that all spending is stimulus. And they don’t seem to care whether the spending is done this year or in future years.
Instead of only choosing policies that are targeted at job growth this year, they are putting in policy changes that should have been openly debated under normal rules of the House and Senate. We will be waking up in the future to find out that new policies were created that no one except a few Hill Democrats will know anything about. These policies will have nothing to do with addressing the economic crisis. And we will be paying for these new policies and spending for decades as we borrow that money from overseas or tax our children. For shame.
Yes, for shame.
What say Boulder liberals? Is it the way the money is going to be spend that makes it ok? Please enlighten me.
If you worried the world as you know it is ending, here’s the fuel.
