This is up at the Daily Caller noting the outrageous abuse
being perpetrated by the U.S. government — with more being planned
as part of the CR, among other places — in the name of ‘green
lending’, with a cautionary note or four sent to us from
Europe.
Money item:
“Let’s start with today’s headlines. The
Guardian reports that a UK green investment bank proposed by
the deputy prime minister poses a serious risk to Britain’s credit
rating because, if its liabilities go on the national balance sheet
as Treasury officials argue they must, the UK would lose its triple
AAA rating (h/t The Global Warming Policy Foundation). Then there’s
this. And
this. Oh, and
this.
It’s that bad. But, did someone say ‘green?’ Well, then
it sounds like a plan.”