So I ask this Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America. It was a fairly innocuous sounding request in the President Barack Obama’s speech, but it would cost more than anything else he mentioned. That’s saying a lot, since [...]
Archive for February, 2009
25 Feb
Let Us Read the Bill
Continuing their fabulous work fighting for transparency in government, The Sunlight Foundation’s Nancy Watzman has a series of posts up this week asking that Congress afford the American public a mere 72 hours to read legislation before they take it up for consideration. Her first post recounts how terribly President Barack Obama’s economic stimulus bill [...]
25 Feb
Backdoor Global Warming Policy Will Prolong the Recession
Omnibus spending bills are typically end-of-the-year bills laden with wasteful earmarks and specific pet projects that cost the taxpayer billions of dollars. Because of the stimulus bill Congress pushed Omnibus legislation for the fiscal year 2009 into February with a vote in the House expected to come this week and a vote in the Senate [...]
25 Feb
Live Blogs from The State of the Union Address
During President Obama’s address to a joint session of Congress last night, Heritage analysts and scholars offered advice and criticism of policies said and unsaid. From Foreign Policy to Nuclear Energy to price controls on the economy, Heritage covered it all: Continue reading…
25 Feb
Carbon Capping Already Killing California Jobs
President Barack Obama reiterated his promise to impose invasive and strict carbon caps on our nation’s economy last night. He failed to mention what effect they would have on our nation’s economic recovery. Fortunately for the rest of then nation, but unfortunately for them, California has already adopted strict new carbon capping rules. The result? [...]
25 Feb
The Great Carbon Collapse
In the UK Guardian last month, a leading European energy executive warned that Europe’s carbon market was becoming a “new type of sub-prime tool.” More analysis from the article: The EU’s emissions trading scheme was set up as a market solution to cut greenhouse gas pollution from industry. Polluters were issued with permits that can [...]
25 Feb
Our Economy Does Not Need Creative Coercion
Imagine the following scenario: After work you and a couple of your co-workers gather at the local pizza joint for a few slices and a beer. They are buying! When you arrive, one of your co-workers puts a “sign in” sheet under your nose while you are choosing what pizza you want to order. Congratulations! [...]
25 Feb
Democrat Governor Worried About Permanent Stimulus Spending
Gov. Bobby Jindal (R-LA) took a lot of criticism last week for declaring his intention to turn down the unemployment insurance parts of the Obama Administration’s economic stimulus aid. Jindal noted that the legislation written by the leftist majorities in Congress required states to permanently expand their unemployment insurance programs which would raise taxes on [...]
25 Feb
Let the American People Recover
Rhetorically there was much to like in President Barack Obama’s speech to Congress last night. None better than this early statement: The answers to our problems … exist in our laboratories and universities, in our fields and our factories, in the imaginations of our entrepreneurs and the pride of the hardest-working people on Earth. Those [...]