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Friday, March 27, 2009

Wednesday, March 25, 2009

Cap & Trade: Taxing the Air

We all actually exhale CO2, right? It's part of breathing. This "pollutant", besides being a by-product of virtually all animal life on the planet, is the critical gas required for teh existence of all plant life on Earth.

So if I understand Cap & Trade (a state mandated "market" for CO2 emissions) the government has finally figured out how to tax breathing. They've just done it on the back end.

Tuesday, March 24, 2009

Finacial Meltdown Primer

As a layman I've had the toughest time figuring out what exactly is going on in the credit crisis. Here's a Policy Analysis by Jagadeesh Gokhale at CATO. Being CATO it leans heavily to the free market (as do I). Agree or disagree it gives some basic definitions and explanations that I have had a hard time understanding from other accounts.

(HT: John Hood at NRO's The Corner)

Tuesday, March 10, 2009

Steyn vs The Gubernator

Mark Steyn shares some thoughts on the concept of fiscal conservative/social liberal.

But the reality is that almost every “socially liberal, fiscally conservative” politician turns out to be fiscally liberal — in the same way that, if you mix half a pint of vanilla ice cream with half a pint of horse manure, it’s not hard to figure which taste will predominate.

Thursday, March 5, 2009

US Treasury secretary attacks oil, gas tax breaks

From Reuters:
WASHINGTON, March 4 (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.
Can this get any more perfect? A Treasury Secretary that doesn't pay his own taxes, and has been a public no-show in a global financial crises that his boss says is the worst since the Great Depression, decides to come out swinging against a mythical "pollutant" that causes unprovable temperature changes.

The lunatics are now officially and gleefully running the asylum.

Wednesday, March 4, 2009

Modern Diplomatic Folly

In today's Telegraph we find Darfur: ICC issues arrest warrant for Sudan president

Assuming the president of Sudan did everything the International Criminal Court prosecutor alleges, I think it is still a horrible idea to take this sort of action.
For one thing, I'm not sure - and I don't know that many people are - who the ICC answers to. Who are these guys and who the hell are they to issue arrest warrants for people acting (however badly) as officials of sovereign nations within the borders of those nations? Do they really think they have the "authority" to arrest George Bush if they decide the war in Iraq was "illegal" by some not-as-yet defined standard? Can they arrest Barack Obama for not closing Guantanamo fast enough to meet the wishes of various unknown "international" bureaucrats?

For another thing, since this "warrant" will never be acted on, doesn't it make the international community look ridiculous and effete to issue it? Who is going to serve it? The French Foreign Legion? We know full well no one is going to serve it and this warrant will be nothing but a reminder to the oppressed and helpless masses under power of ugly dictators across the world that the "International Community" is nothing but a joke, and their rulers will do with them what they please. It will simply reinforce the hopelessness of their positions.

However I suppose it does make the poseurs of international global organizations feel better, which is

Tuesday, March 3, 2009

Why didn't I think of this?

Working women almost certainly caused the credit crunch

Does the woman in your life really need a job?
(Hat tip: Instapundit)