House Democrats hightailed it home Friday, after failing to deal with the big tax increases coming January 1, if they do not act.
They also ignored the fiscal year that began on Friday, October 1, for which they have resolutely refused to produce the budget that is their duty to enact. They did a “continuing resolution” thingy that protects them from having budget revelations and embarrassing numbers appear in public right before the election. The numbers that the public already knows, like 9.6% unemployment, are doing enough damage to Democrat hopes.
The resolution to adjourn without House action barely passed by one vote — Nancy Pelosi’s.
The President, too, is busily avoiding the obvious problems of spending and unemployment, and budgets. His weekly address is back on the same old “clean energy economy.” He has a new solar plant in the Mojave Desert that is going to power 140,000 homes, the largest such plant in the world. It will turn pure sunlight into electricity and reduce our dependence on foreign oil. It will employ 1,000 people, he says, completely ignoring Spain’s experience that wind and solar power jobs killed 2.2 jobs in the regular economy for every one in the “clean energy” sector, because of the increased cost of power.
Electricity has nothing to do with “our dependence on foreign oil.” Oil powers our transportation, not our electric plants.
It is only “special interests” that oppose his wondrous clean economy. This is where the “hope and change” come in. He is going to transform our economy to fit his vision of himself as the savior of the nation — “the moment when the rise of the oceans began to slow and our planet began to heal… the moment when we ended a war and secured our nation and restored our image as the last, best hope on earth.”
Obama giveth with one hand and taketh away with the other. One thousand maybe jobs in an as yet unbuilt solar plant can’t begin to compete with the 800,000 conservatively estimated jobs that new EPA Rules would cost. The administrations’ global warming regulations will result in a massive “loss of steel, paper, aluminum, chemical and cement manufacturing jobs.
The administration’s stimulus package contained so-called “green-jobs” funding, 79% of which went to foreign firms, replacing American jobs with foreign green jobs. A federal biofuels program, enacted in the name of fighting global warming and reducing dependence on foreign oil cost taxpayers half a billion dollars, and killed American jobs.
This doesn’t include the Renewable Electricity Standard game plan — which is supposedly coming before Congress in the lame duck session after the election. The Heritage Foundation’s Center for Data Analysis have found that an RES would cut national income by $5.2 trillion between 2012 and 2035, cut income for a family of four by $2300 per year and reduce employment by more than 1,000,000 jobs.
The EPA is notably filled with environmental activists. If they cannot get their way by convincing the public that central planning by the EPA is in the best interest of the country, then they will do it all by regulation.
Filed under: Capitalism, Economy, Energy, Environment, Junk Science | Tags: Bankrupting America, Believing in Lobbyists and Promoters, Obama's Top Priorities
According to “the Energy Daily” President Obama said this week that “one of his top priorities for 2011 would be getting Congress to pass legislation to reduce U.S.reliance on fossil fuels.”
“Obama also contended that while energy legislation has not moved this year, his administration still had made significant progress on key efficiency and renewable energy objectives, including higher automobile fuel economy standards and major federal investments in the expansion of U.S. wind, solar and other clean energy sectors.”
Those “top priorities” are all about reducing a trace gas, amounting to less than 1/400th part of a single percentage point by volume of the atmosphere which is branded by some as the “great Satan.” Hundreds of billions of taxpayer dollars in consequence continue to be squandered uselessly.
Higher fuel economy standards (CAFE standards) force automobile companies to make and sell small “fuel efficient” cars at a loss, so that they can make and sell the cars that Americans want to buy. Congressional lack of understanding of the basic laws of supply and demand have sent the car companies into bankruptcy, and promise to keep GM as a governmental owned basket case for the foreseeable future.
Major federal investments in the expansion of U.S. wind, solar and other “clean energy” sectors ignore the fact that there is no net energy produced by wind nor solar. America requires power that goes on when you turn a switch.
Wind operates only when the wind blows at the right speed — not too softly, not too strong — which happens less than 1/3 of the time, and may not happen for days. The sun, of course, goes down at night — but here in Seattle we are accustomed to seeing it only occasionally. Not a lot of big solar arrays around here. To produce dependable power, either wind or solar depends on having full-time backup from a regular (coal or natural gas fired) power plant.
Lobbyists and promoters talk about “capacity” which means how much power the turbine or array would produce if the wind were blowing at just the right speed or the sun were shining brightly all the time. So, naturally the government is planning a mandate to force you to buy wind power.
I don’t know if the President is a true-believer in “clean energy,” or if this is just payback to Big Green for their campaign support. He presents himself as a true-believer. But it would be a start if he could just get it through his head that “foreign oil” powers our transportation sector, not our electric sector. We are not short of fuels for our electric power plants. We have something like a 300 year supply of coal, and new methods of extracting shale gas have transformed both our natural gas supply but Canada’s as well. And “foreign oil” is a commodity that is traded internationally. We export some of our oil.
This is the ultimate “the emperor has no clothes” story. Imagine the reverberations were governments to admit that they have been patsies, gullible fools, and disastrously careless with taxpayer funds. They have wasted billions, hundreds of billions, in pursuit of goals that are only fantasy. Do you think the U.S. Congress is going to say “Ooops, sorry, we bankrupted the car industry with the environmentalist movement’s demands for CAFE standards,” and it didn’t keep one bit of CO2 from entering the atmosphere, and if it had entered the atmosphere — it wouldn’t have made any difference. You think Obama will apologize for all the funding of wind farms and electric cars?
Have you heard the government or the EPA apologize for the cost of banning DDT— estimated at three billion lives, and counting?