As one might imagine, her opposition comes as somewhat of a surprise:
Her comments made her the last major Democratic presidential candidate to come out against Keystone, a project that has dragged through more than seven years of wrangling and several environmental reviews that appeared to favor the pipeline — most of them produced by the State Department when Clinton was secretary. Obama remains the project’s biggest wildcard: He hasn’t said whether he will grant or deny a permit for the pipeline, or when he’ll decide, even as Republicans lambaste him for repeatedly postponing the issue.
As secretary, Clinton had galvanized a nationwide activist campaign against Keystone with her off-the-cuff remarks in 2010 that the department was “inclined” to approve the $8 billion-plus project. That was her last substantive public statement on the issue until Tuesday.
But then, when poll numbers are sinking and momentum is waning, what better than to flip-flop (when you favor the candidate, it’s called a “pivot”) and throw a bone to a particular core constituency to shore up that vote? Its a move any political opportunist would surely applaud.
Why the Keystone XL pipeline has remained such a political football remains a mystery. All the past routing problems that first held up the pipeline have been satisfactorily resolved. And, after all, there are 2.3 million miles of existing oil and natural gas pipelines in the US. Why has this one remained in the news?
Simple answer? Politics. It’s about voting constituencies and keeping them happy. It certainly isn’t about what is best for the US.
As The Hill points out, it has now officially taken longer for the federal government to review the Keystone XL pipeline’s permit application than it did to build the entire transcontinental railroad 150 years ago.
Amazing and typical. As for the party that continues to tell us it is for jobs and economic growth, it blatantly turns its back on both with its opposition to the pipeline’s approval:
Consider the economic opportunity this $5.4 billion pipeline presents. The Canadian Economic Research Institute estimates it could add $172 billion in U.S. economic growth over 25 years. Meanwhile, President Obama’s own U.S. State Department estimates construction would support over 42,000 jobs. Nearly 10,000 would be skilled—aka, well-paying—jobs like steel welders, pipefitters, electricians, and heavy equipment operators.
There’s also the potential for gas prices to go even lower than they are today. According to a February 2015 report from IHS, a leading energy research firm, the “vast majority” of Keystone XL’s refined oil will stay right here in the U.S. In other words, it could further add to America’s surging oil supply that has sent gas prices plummeting over the past year.
And yes, as mentioned, that’s the US State Department estimate made while Hillary Clinton was SecState.
Environmentalists live with the fantasy that if the Keystone pipeline is blocked, the oil to be found in the oil sands of Canada and in North Dakota will simply have to be left in the ground. Of course, that’s nonsense. Instead is it is shipped by rail, a much less safe and less efficient means of transportation (but one that does amply reward a Democratic donor) than a state of the art pipeline :
This is especially so when you consider pipelines—particularly new, state-of-the-art ones like Keystone XL—are the safest mode of transportation. Ensuring we’re using the safest and most efficient methods possible only makes sense.
Indeed. So, why is Hillary Clinton opposed to safe transportation of oil and gas, the jobs and income that would come from the construction of the pipeline and economic boost it would give our economy?
Perhaps someone will ask her that at the first Democratic debate.
Yeah, I know, I’m laughing too.
Redbook reports that last week’s retail sales plunged to 0.9% on a year-ago basis, from the previous week’s already-soft 1.7%.
The FHFA House Price Index rose 0.6% in July, with year-on-year growth of 5.8%.
The Richmond Fed Manufacturing Index joined other Fed manufacturing indexes in going negative, falling to -5 in September.
One of Mr. Obama’s stated campaign goals was to make big government “cool” again. If the latest Gallup poll is to be believed, he and his administration have done precisely the opposite.
Almost half of Americans, 49%, say the federal government poses “an immediate threat to the rights and freedoms of ordinary citizens,” similar to what was found in previous surveys conducted over the last five years. When this question was first asked in 2003, less than a third of Americans held this attitude.
The reasons vary but the top four are telling:
Gallup does a bit of equivocating in its analysis, but finally makes a fairly obvious point about its results:
Still, the persistent finding in recent years that half of the population views the government as an immediate threat underscores the degree to which the role and power of government remains a key issue of our time. As a case in point, a question in this same survey asked Americans to name the most important problem facing the nation, and found that issues related to government were the most frequently mentioned. Plus, numerous other measures show that the people give their government some of the lowest approval and trust ratings in the measures’ history.
In the age of terror, citizens are finally waking up to what its cost in freedom has been. They’re finally beginning to notice that government has grown much more powerful, intrusive and costly. There seems to be more corruption and cronyism. They’ve also noticed it has become much less responsive and efficient. In fact, in many areas it is downright inefficient and broken. If you look at the top 4 reasons though, it’s the intrusiveness of government that has most people worried.
The survey deals with government as a perceived threat and it is clear, since 2003, that perception has grown by 19 points from 30% to 49%. That’s significant and, if I had to guess, will only go higher in the last part of the Obama administration.
The man who planned to make government “cool” again, as he has with so many of his other plans, has failed. In the long run, that’s a good thing.
Existing home sales unexpectedly fell -4.8% in August, to a 5.31 million annual rate, On a year-over-year basis, sales are up 6.2%.
The Atlanta Fed Business Inflation Expectations fell -0.1% to a 12-month inflation expectation of 1.7% in September.
The newest Pope has found he has many detractors. He’s been called a Peronist, Marxist and Communist. He’s also been accused of issuing statements on subjects he has no apparent knowledge. But when all is said and done, he is the head of the still powerful Catholic Church. And that is very useful to the President of the United States. So Mr. Obama plans on using Pope Francis’ visit to the US to again propagandize climate change by attempting to use the authority of the Catholic Church (i.e. Pope Francis) to sway the masses.
The pope has been a prominent supporter of actions to reduce greenhouse gas emissions that many scientists blame for causing the Earth’s temperature to rise, causing more floods, droughts and other catastrophes.
Francis has framed climate change as a moral issue. Obama will likely use the pope’s time in Washington to draw attention to the challenge of global warming, and the need for putting away political differences in support of actions to reduce emissions.
The pope will also address a joint session of Congress following talks at the White House. In that address, he is expected to underscore points he made earlier this year in issuing his climate change “encyclical,” which outlines his thoughts on the issue of global warming. In the encyclical, he advocates for reductions in manmade emissions from fossil fuels.
But so far, “climate change” has been a political bust for Obama. The US public is unenthusiastic about the subject, and certainly not buying into either the urgency or the sweeping changes he’d like to see his administration put in place. Even US Bishops aren’t enthusiastic about the subject of “climate change”.
Obama, however, has declared “climate change” (the newest code phrase for “man-made global warming”) as one of the top priorities of his administration. The problem is, it has no political traction. So the job of Pope Francis, whether he knows it or not, is to be a source of traction. His job is to give the administration a sort of “divine” blessing in its pursuit of “solutions” as well as serve as a propagandist for the cause to a still powerful segment of the US population.
You can expect him to fulfill his role, science be damned.
All of this is conveniently happening prior to the big December UN sponsored climate control talks in Paris. The obvious intent is to gain some momentum from the Pope’s visit even if real science has killed most of the momentum the alarmist side had prior to the discovery of fudged numbers, model inaccuracy and questionable “science” they used to support their hypothesis.
Expect Obama to ignore the evidence as well, and to embrace the Pope’s presentation as the “real deal”.
Who says the US can’t do propaganda?
We were about an hour into the podcast when my computer went down with the Blue Screen of Death. So, we did another, shorter one. Be lucky we even did that. It’s on the podcast page.
If you’re wondering how desperate the climate change alarmists have become check this out:
The science on global warming is settled, so settled that 20 climate scientists are asking President Barack Obama to prosecute people who disagree with them on the science behind man-made global warming.
Scientists from several universities and research centers even asked Obama to use the Racketeer Influenced and Corrupt Organizations Act (RICO) to prosecute groups that “have knowingly deceived the American people about the risks of climate change, as a means to forestall America’s response to climate change.”
RICO was a law designed to take down organized crime syndicates, but scientists now want it to be used against scientists, activists and organizations that voice their disagreement with the so-called “consensus” on global warming. The scientists repeated claims made by environmentalists that groups, especially those with ties to fossil fuels, have engaged in a misinformation campaign to confuse the public on global warming.
“The actions of these organizations have been extensively documented in peer-reviewed academic research and in recent books,” the scientists wrote.
A reminder to all those on the side of “consensus” and support these idiots:
In the Catholic world prior to Galileo’s conflict with the Church, the majority of educated people subscribed either to the Aristotelian geocentric view that the earth was the center of the universe and that all heavenly bodies revolved around the Earth, or the Tychonic system that blended geocentricsm with heliocentrism.
Nothing is new under the sun (no pun intended). In fact:
Pope Paul V instructed Cardinal Bellarmine to deliver this finding to Galileo, and to order him to abandon opinion that heliocentrism was physically true.
Of course that didn’t happen, did it? The result?
The sentence of the Inquisition was delivered on 22 June. It was in three essential parts:
- Galileo was found “vehemently suspect of heresy”, namely of having held the opinions that the Sun lies motionless at the centre of the universe, that the Earth is not at its centre and moves, and that one may hold and defend an opinion as probable after it has been declared contrary to Holy Scripture. He was required to “abjure, curse and detest” those opinions.
- He was sentenced to formal imprisonment at the pleasure of the Inquisition. On the following day this was commuted to house arrest, which he remained under for the rest of his life.
- His offending Dialogue was banned; and in an action not announced at the trial, publication of any of his works was forbidden, including any he might write in the future.
We now have a new group hoping to get the same results as the Inquisition. Of course as Galileo was eventually proven to be correct, modern science likes to heap disdain on the scientists of the day for not figuring it out themselves but, instead, just going along with the “consensus”. Yet here we are where the alarmist “consensus” is whining like they did in Galileo’s day and asking for the same result.
That’s NOT science, its religion.
The group of totalitarian cry-babies above want to use the government force to force their hypothesis (and it is nothing more than that) on others. Meanwhile, argument after argument they’ve made have fallen to real science. Arctic and Antarctic ice levels. No warming for decades. Etc.
This is simply an infantile tantrum asking “Big Daddy” to make those kids laughing at them stop.
This group should be publicly shamed and shunned. They’re no more “scientists” than I am a Martian.
Housing Starts fell -0.3% in August to a 1.126 million annual rate, while permits rose 3.5% to a 1.170 million annual rate.
The nation’s current account deficit for the 2nd Quarter of 2015 was $109.7 billion vs a revised $118.3 billion in the first quarter.
The Philadelphia Fed Business Outlook Survey joined the Empire State survey in negative territory, falling from 8.3 to -6.0 in August.
The Federal Open Markets Committee left interest rates unchanged today, with a Fed Funds target rate of 0% to 0.25%.
The FOMC’s economic predictions for the US economy foresee substandard annual GDP growth of 2.0% to 2.6% for the next three years.
Initial weekly jobless claims fell 11,000 to 264,000. The 4-week average fell 3,250 to 272,500. Continuing claims fell 26,000 to 2.237 million.
The Bloomberg Consumer Comfort Index fell -1.2 points to 40.2 in the latest week.
The Fed’s balance sheet rose $9.6 billion last week, with total assets of $4.488 trillion. Reserve bank credit rose $6.6 billion.
The Fed reports that M2 money supply rose by $1.3 billion in the latest week.
The MBA reports that mortgage applications fell -7.0% last week, with purchases down 4.0% and refis down -9.0%.
Consumer prices fell -0.1% in August, while the core CPI rose 0.1%. On a year-over-year basis, the CPI is up 0.2% overall and 1.8% at the core.
The NAHB’s Housing Market Index rose 1 point to 62 in September, a near 10-year high.
Net foreign demand for long-term US securities plunged in July, down to just $7.7 billion, from $103.1 billion in June.