April 2, 2012 | 12 comments
March 31, 2012 | 8 comments
February 22, 2012 | 7 comments
January 12, 2012 | 8 comments
December 15, 2011 | 3 comments
A colleague had ruminated that the $300 billion per year the Obama administration had floated as the assumed revenues from selling “global warming” ration coupons was so much greater than any tax increase in history, and such a breathtaking gamble, that possibly they would pull their punch after word got around, or else had in mind coming in lower than that staggering sum in order to finesse an “expectations” ruse.
Whichever occurred, we now read that they are projecting between $79 and $82 billion per year in cap and trade revenue from selling energy ration coupons (p. 123). At least this was well thought out…
$80 billion a year, that is, until the scheme succeeds in “bankrupt[ing]” its targets as then-candidate Obama vowed was the purpose. Such a bargain!
Still, that’s almost twice the cost of the last stab at this, the BTU tax, so maybe they’ll lose twice as many seats as a result that Gore claims BTU cost them (there’s only one Congress that can change hands). Then again, business was organized against BTU. Now, many have figured out how to sell their support in return for some “rents” from the scheme, more on which next week. So the game is on, let’s see who takes the field.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?