Tarry for the Nonce

June 26, 2009

Rooting for Blue, for a Change

Filed under: Uncategorized — lmwalker @ 9:00 am

Having lived in relative fiscal comfort for the last few generations, I really do blame a lack of historical and economic understanding that permits travesties like the Waxman-Markey bill to become a reality.

The hit to GDP is the real threat in this bill. The whole point of cap and trade is to hike the price of electricity and gas so that Americans will use less. These higher prices will show up not just in electricity bills or at the gas station but in every manufactured good, from food to cars. Consumers will cut back on spending, which in turn will cut back on production, which results in fewer jobs created or higher unemployment. Some companies will instead move their operations overseas, with the same result . . .

Note also that the CBO analysis is an average for the country as a whole. It doesn’t take into account the fact that certain regions and populations will be more severely hit than others — manufacturing states more than service states; coal producing states more than states that rely on hydro or natural gas. Low-income Americans, who devote more of their disposable income to energy, have more to lose than high-income families.

Personally, I found the caveats suggested by the Republican party to be unacceptably compromising. I would have preferred that they attempt to defeat the bill outright.

During the brief few days in which the bill was debated in the House Energy Committee, Republicans offered three amendments: one to suspend the program if gas hit $5 a gallon; one to suspend the program if electricity prices rose 10% over 2009; and one to suspend the program if unemployment rates hit 15%. Democrats defeated all of them.

At this point, the only hope is the Blue Dog Democrats. Hopefully they inject some sanity into the situation.

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June 17, 2009

Eat Your Heart Out, Betty Cooper

Filed under: Uncategorized — lmwalker @ 1:49 am

Why on earth would Archie Andrews ever want to get married?

Granted, he is choosing the right woman, but it’s still nonsensical. Why would it ever be advisable to have Archie grow up?

June 1, 2009

Does He Have a Shot at Invincible Ignorance?

Filed under: Abortion — lmwalker @ 12:46 am

I write enough about my disgust with abortion, so ’tis only fair that I express my equal disgust with the murderer of the abortionist.

Dr. George Tiller, the nation’s most prominent provider of controversial late-term abortions, was shot and killed Sunday in the lobby of his Lutheran church in Wichita, Kan., where he was serving as an usher.

George Tiller was a contemptible man, but vigilante justice is not an acceptable solution in this country.

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