Daily Archives: August 4, 2011
For the alarmists, such has Henry Waxman, the news isn’t getting any better:
The debate over global warming has intensified in recent weeks after a new NASA study was interpreted by skeptics to reveal that global warming is not man-made. While a majority of Americans nationwide continue to acknowledge significant disagreement about global warming in the scientific community, most go even further to say some scientists falsify data to support their own beliefs.
The latest Rasmussen Reports national telephone survey of American Adults shows that 69% say it’s at least somewhat likely that some scientists have falsified research data in order to support their own theories and beliefs, including 40% who say this is Very Likely. Twenty-two percent (22%) don’t think it’s likely some scientists have falsified global warming data, including just six percent (6%) say it’s Not At All Likely. Another 10% are undecided. (To see survey question wording, click here .)
So … it appears that those who believe that there’s a consensus of people who are convinced man-made global warming is occurring, well the poll says not only “no” but “hell, no”. In fact the poll says for the most part they just don’t believe the so-called consensus of scientists because they are of the opinion that enough evidence has been presented that the findings may have been falsified.
Yes, we’ve finally done it – and almost immediately after the Spender-in-Chief signed the new law:
US debt shot up $238 billion to reach 100 percent of gross domestic project after the government’s debt ceiling was lifted, Treasury figures showed Wednesday.
Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling as the country’s spending commitments reached a breaking point and it threatened to default on its debt.
The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.
Public debt subject to the official debt limit — a slightly tighter definition — was $14.53 trillion as of the end of Tuesday, rising from the previous official cap of $14.29 trillion a day earlier.
Treasury had used extraordinary measures to hold under the $14.29 trillion cap since reaching it on May 16, while politicians battled over it and over addressing the country’s bloating deficit.
The official limit was hiked $400 billion on Tuesday and will be increased in stages over the next 18 months.
No linger time there, huh? We now owe more than we produce in a year. And let’s be honest, we didn’t get here just during the last 3 years – although we did switch from a horse-drawn sled to a rocket sled – this has been a long process aided and abetted by both parties. Yes, one has been worse than the others at times, but it pays to remember that George W. Bush gave us Medicare part D and No Child Left Behind … both horribly expensive programs.
But it’s not slowing down is it? And that’s a problem for economic recovery as Dale reminded us:
…a body of peer-reviewed work has been developed (PDF) that shows that an excess of government debt serves as a drag on the economy, shaving at least a full percentage point off of annual GDP growth. And we’ve learned that this negative economic effect has a non-linear effect on economic growth as debt increases.
There seems to be little real recognition of how drastic and the enduring government cuts in spending must be to change this so the debt isn’t a drag on the economy. Granted they must be intelligent so as not to compromise our national security or disrupt what we deem as basic essential services government provides, but that leaves one heck of a lot of the pie to cut. And that would include massive cuts in entitlements. You’re not entitled to something someone else can’t afford. And that’s where we are. I wish we’d quit calling those programs which are pure welfare “entitlements”. There is a difference between paying into something for years and a program in which recipients are getting something for nothing. It is the “getting something for nothing” programs that deserve a first hard look. Unfortunately the programs in which taxpayers were forced to contribute and were subsequently looted by spendthrift politicians need to be reviewed and cut as well.
We can pretend this isn’t a real problem, like most of the politicians in Washington DC, or we can face the reality (and pain) of the situation and start to work doing what is necessary to bring fiscal sanity to our nation’s finances.
A good start would be cleaning the lot of them out DC and starting over. You’re likely to find at least as competent a group as are up there now by randomly picking 535 names from a phone book. Yes, I know that’s not going to happen, but we’ve got to come up with some way to scare those people straight. Suggestions are welcome.
Well isn’t this freaking beautiful. If government isn’t taking your money for these stupid things, it extorting money (for which you eventually pay in the price of your service – see private health insurance and Medicare) for programs like this in the name of "rights" and "fairness":
Recently, a federal government program called the Universal Service Fund came to the Keystone State and some residents are thrilled because it means they can enjoy 250 minutes a month and a handset for free, just because they don’t have the money to pay for it. Through Assurance Wireless and SafeLink from Tracfone Wireless these folks get to reach out and touch someone while the cost of their service is paid for by everyone else. You see, the telecommunications companies are funding the Universal Service Fund to the tune of $4 billion a year because the feds said they have to and in order to recoup their money, the companies turn around and hike their fees to paying customers. But those of use paying for the free service for the poor, should be happy about this infuriating situation, says Gary Carter, manager of national partnerships for Assurance, because "the program is about peace of mind." Free cell service means "one less bill that someone has to pay, so they can pay their rent or for day care…it is a right to have peace of mind," Cater explained.
Dear boss, this demand for a raise that I haven’t earned or don’t deserve is about my right to have peace of mind. You see, I have other obligations I have undertaken and can’t afford, and so this raise will give me "peace of mind" when it comes to meeting those obligations – and it is your job to provide for my peace of mind … got it?
Yeah that approach would work on your boss, wouldn’t it. Yet here again we the owners have those doing “service” dictating the terms of the agreement. And we meekly go along.
What’s next? The usual – more free stuff, this time “for the children”, extorted from the rest of us:
Between 14 million and 24 million Americans lack access to broadband, "and immediate prospects for deployment to them are bleak," the FCC said in a report last year. "Many of these Americans are poor or live in rural areas that will remain unserved without reform of the universal service program and other changes," the report said.
But who says that cheap or free broadband is anything more than a luxury?
Well, another Obama flunkie, Rahm Emanuel, that’s who. As we reported in June , the new mayor of Chicago was all excited to proclaim the wonderful news of free internet service to poor kids in Chicago’s worst neighborhoods. And how could Mayor Emanuel pay for this new ‘civil right’? Well, because the federal government extorted the money from Comcast when it wanted to buy NBC-Universal. Once again FCC chairman Genachowski was all about "helping the kids" by forcing the internet provider to give poor kids free netbooks, laptops, and internet service, indefinitely. And who is going to pay for this gift? Well, of course the rest of us poor saps who actually pay our bills.
You know, there are any number of ways to try to make broadband available to those who haven’t got it – but this isn’t it.
We’re such complacent dopes. We put up with nonsense like this, allow the government to redefine rights and make us pay for their redefinition via taxes, increased prices or pure old extortion.