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Secretary Moonbat

By Chris Horner on 3.5.09 @ 9:26AM

Oh, dear. As if the markets didn't have enough to worry about with this guy.

According to Reuters:

U.S. oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. Treasury Secretary Timothy Geithner told Congress on Wednesday.

I'm curious. Putting aside for the moment how this theory to which he adheres -- or which he is peddling on behalf of an administration positioning the panic as a necessary catastrophe underwriting his social engineering programs with billions in new taxes each year -- is premised entirely in computer models now proven wrong by the past 15 years of observations... but, doesn't "global warming" theory hold that everything causes global warming? Cars, furnaces, appliances, roads, banking, schools, hospitals, research, the military, congressional junkets, embassies, shuttle diplomacy, motorcades, orchid-hot enormous personal residences, using a 747 for your personal travel to a getaway in a new "Western White House" in nearby Hawaii, and so on?

So, our Treasury Secretary, the one man who could address the financial system's woes, does have the detailed plan for this bogeyman at least even if the real threats shaking the system haven't quite been addressed. Don't worry about those measels, Tommy; I know you don't see him, but the Boogeyman is under the bed, where he'll stay ... if you do what Nanny says.

But, how is the all-knowing State to choose the winners and losers or, more aptly, the perpetrators, victims and -- in-between -- the enablers?

Someone recently said it best in a picket sign: Atlas will shrug.

View all comments (3) | Leave a comment

WendyG| 3.5.09 @ 10:10AM

What else do you expect when the lefties are in power?

Critical Thinker| 3.5.09 @ 11:23AM

Perhaps Obama and his masters really intend to destroy America. After all, he appointed this boy, Timmy Geither, to serve as Treasury Secretary in a time of grave financial crisis, and then instructed him to forget about finance while fighting a battle against the myth of manmade global warming.

JohnnySqaures| 3.5.09 @ 1:36PM

I agree with Critical Thinker. I actually though King Xerxes would actually act prudently- though thoroughly left wing- in the face of the financial crisis. But at this point, I'm starting to believe King Xerxes is actually doing this intentionally.

Well, King Xerxes appears to be trying to do that... consider the folly:

States can't keep up with their current obligations- Xerxes debases the currency to flood them with dollars.

Medicare/Medicaid in crisis: Xerxes proposes increasing the liability by adding 50 million uninsured Americans.

Home price plunges threaten entire stability of the housing industry- Xerxes proposes removing mortgage interest deduction.

Home Mortgage defaults threaten entire stability of the finance industry- Xerxes proposes paying off the HELOC's that deadbeats used to upgrade their counter tops and put a sunroom on the back of the house. Current on your mortgage? Sorry- need not apply, you must be "filthy" rich.

Still smarting from last summer's sky high gas and electric bills?- Xerxes has a solution- add a ludicrous "carbon tax" to the bill.