Unproven science is apparently going to drive an administrative (instead of legislative) push to regulate carbon dioxide. In the middle of a “crisis” which President Obama calls the worst since the 1930s, the EPA is apparently going to drastically raise the cost to do business in critical sectors:
The Environmental Protection Agency is expected to act for the first time to regulate carbon dioxide and other greenhouse gases that scientists blame for the warming of the planet, according to top Obama administration officials.
The decision, which most likely would play out in stages over a period of months, would have a profound impact on transportation, manufacturing costs and how utilities generate power. It could accelerate the progress of energy and climate change legislation in Congress and form a basis for the United States’ negotiating position at United Nations climate talks set for December in Copenhagen.
Note that none of the “change” appears to be good for the US or its consumers. Instead, we’re likely to see it put even further stress on families on the margin and drive more layoffs and higher unemployment. But the world will love us, or at least the UN.
I don’t think there’s any question at the moment as to whether Obama is going to govern as a centrist or liberal, is there?
I‘m always a little amazed at stories like this. I’m not sure why, given they happen quite often.
A Manhattan jury awarded $2.33 million to a man who lost his leg after drunkenly stumbling onto the path of an oncoming subway train.
Now, you’d think, given that sentence, that there’s no way a jury could hold the subway folks liable because this drunk stumbled in front of their train right? Heck, he had a blood/alcohol level of .18. That’s smoked folks. That’s twice the legal limit if you’re on a highway. But check out the reasoning his attorney used and, obviously, the jury bought:
According to Dibble’s lawyer, Andrew Smiley, NYC Transit rather than Dibble bore primary responsibility for the accident because the subway driver had time to stop the train but did not.
Smiley added that Dibble’s drunkenness did not excuse the driver, who said in a court deposition that he mistook Dibble for an inert object.
“They don’t get a free pass as to why the person was on the tracks. They are trained to be able to look out for people on the tracks … and people are known to be intoxicated by night,” the lawyer said.
“Trained to be able to look out for people on the tracks”? Uh, even if that’s true, how does that excuse Dibble of responsibilityfor being on the track?
That comes in the second line – “people are known to be intoxicated by night”?
No kidding? So tell me Mr. Smiley, had your client been on the road in the same condition, do you supposed a state trooper would have just said, “aw forget it, sir. People get drunk at night. Take it easy?”
And you can bet your house (or the bailout you’re getting for it) that the state trooper would have only held one person responsible for the state Mr. Dibble was in at the time he stopped him.
In this case, my guess is two things happened. One – Mr. Smiley made sure that Mr. Dibble appeared in court looking as pathetic as one could look and used that to play on the sympathy of the jury. Emotional theater. And, two, the MTA was represented by lawyers (not victims) and was thus easy to ignore emotionally. And besides, I’m sure the New Yorkers felt the MTA had deep pockets or insurance or something with which to pay this pathetic creature, right? Of course if their fares go up because of this, they’ll be the first to bitch as well.
But back to the trial. This was my favorite part:
The jury ruled Tuesday that Dibble was 35 percent responsible for the accident, so his monetary compensation was also reduced by 35 percent — from $3,594,943 to $2,336,713.
Really? Good thing I wasn’t on that jury because at worst, it would have been a hung jury. I, unlike this bunch, would have found Mr. Dibble 100% responsible for being where he was and in the condition he was in when the train hit him, and he wouldn’t have gotten a red cent.
If that makes me a cruel and heartless you know what, well so be it.
Political Wire writes that tomorrow might be an interesting day in Congress, corruption-wise. It seems that some things have been going on around Congressman John Murtha (D-PA) which may not be entirely copacetic.
There’s a potentially big story brewing on Capitol Hill… Apparently 104 members of Congress of both parties — 42 Republicans and 62 Democrats — secured earmarks for a lobbying firm linked to Rep. John Murtha (D-PA) in a single bill. The earmarks were inserted in a bill Murtha controlled as the defense appropriations subcommittee chairman.
It looks like business as usual, of course, until we learn that the company’s executives and clients seem to be big, big political donors to Rep. Murtha.
So, I guess it is business as usual.
An interesting story out of Russia via the Jerusalem Post. And while good news, albeit of a temporary nature I’m sure, I’m betting there is much more to this than meets the eye. This is about positioning in upcoming missile defense talks with the US:
Russia has frozen the sale of the state-of-the-art S-300 anti-aircraft missiles to Iran, the Russian newspaper Kommersant reported Wednesday.
Iranian Defense Minister Mostafa Mohammad Najjar was reportedly informed of the decision by his Russian counterpart Anatoly Serdyukov on his visit to Moscow on Wednesday.
Russia said the delivery of the systems would be delayed at least until the upcoming meeting between President Dmitry Medvedev and his US counterpart, Barack Obama. Kommersant cited Russia’s wish to prevent hindering dialogue with the new US administration.
Military diplomatic sources were quoted by Kommersant as saying that the issue had been the focus of Najjar’s visit.
Of course the important point is the sale is frozen, not canceled. While that’s good news for both the US and Israel (the S-300 system is reported to be a very good air defense system against not just aircraft, but cruise missiles), it may not be any more than a temporary sop to the Americans and a reminder to the Iranians that Russia is their major backer and can pull that backing at any time. And, interestingly, there’s one other reason (or at least so Israel claims):
Israel Radio quoted Moscow sources as saying that apart form the gesture to the Americans, Russia also wanted to avoid ruining a $100 million drone purchase from Israel.
I say interesting because the S-300 sale is an $800 million sale. You jeopardize an 800 million sale for a 100 million purchase? Or do you grab the 100 mil buy because you know the 800 mil sale is in the bag? I’d say the latter, meaning the freeze is most likely for show only. Unless, of course, the Russians are just incredibly stupid businessmen.
I don’t think they are, although they’re not as clever in other areas as they sometimes think. This seems to me to be a very crude (but probably effective) set up for an “aw gee and here we made this great gesture toward working with you and this is how you act?” result of our first meeting with Russia. Absolute world opinion gold for Putin and the boys if they manage it correctly and, of course, the perfect opportunity to then unfreeze the sale. Can anyone guess who’d end up being embarrassed by such a scenario?
The latest to be caught up in it is Rahm Emanuel:
News broke last week that Rahm Emanuel, now White House chief of staff, lived rent- free for years in the home of Rep. Rosa De Lauro (D-Conn.) – and failed to disclose the gift, as congressional ethics rules mandate. But this is only the tip of Emanuel’s previously undislosed ethics problems.
One issue is the work Emanuel tossed the way of De Lauro’s husband. But the bigger one goes back to Emanuel’s days on the board of now-bankrupt mortgage giant Freddie Mac.
So, lived free for 5 years and didn’t pay taxes on the gift (which, frankly doesn’t particularly bother me, but since Democrats would crucify a Republican official who did the same thing, I think hoisting a Dems on the same petard is perfectly acceptable), allegedly threw business into the lap of the person who was providing the gift, and fiddled while Freddie Mac burned.
To me the most serious of the three is the last. I see it as gross dereliction of duty. FM was fined 50 million bucks while Emanuel was paid $262,000 (speaking of fat cats) for obviously doing nothing as a FM board member during the time for which the fines were assessed. It isn’t a ‘golden parachute’ or a bonus for failure, but it is darn close.
I’d say a tax audit is called for, but then since Timothy Geithner would have to call for it, so nevermind.
Then there’s the ongoing probe into supporters of John Murtha which has now widened to include him. Allegations have surfaced that he may have broken campaign-finance laws during a fundraiser held by the same people now under FBI investigation. I’m just shocked, shocked I tell you! Then there’s Charlie Rangel.
And Roland Burris? Heh … “Oh, yeah, um by the way, I did offer to raise money for the ex-gov. Somehow that just slipped my mind during the hearings.”
Tell me again how it is now so much more ethical and honest in Washington DC since the Democrats took over? Oh, and transparant. That too.
“Just words …”
To be blunt about it, this just pisses me off:
GM said it might need as much as $100 billion in financing from the government if it were to go through the traditional bankruptcy process. Rick Wagoner, GM’s chairman and chief executive, said the bankruptcy scenarios are “risky” and “costly” and would only be pursued as a last resort.
Really? Well guess what – it’s even more “risky” and “costly” for the taxpayer to give GM another 100 billion bucks (and further on in the article it is acknowledged that a pre-packaged bankruptcy would cost about 30 billion).
GM claims its going to pare down its working force and model line. But what isn’t clear is how it plans on eliminating the legacy costs which still make it uncompetitive. Anyone know what would require them to confront that issue? That’s right – bankruptcy.
As for Chrysler:
Chrysler’s plan said the company would likely have to file for Chapter 11 protection if it doesn’t get additional loans from the government and concessions from unions, creditors and dealers. It said it would need $24 billion in financing if the company were to file for bankruptcy. But company officials said in a conference call that they believe a Chapter 11 filing is “not necessary” for Chrysler’s survival.
Uh no. Want more money? See Cereberus, the company you belong too and which is sitting on about 150 billion in assests. Let them pick up the tab. If not, see you in bankruptcy court.
This is ridiculous.
In particular, new opposition to further aid for Chrysler seemed to be building on Capitol Hill. In an interview Tuesday, Sen. Judd Gregg (R., N.H.) said no more taxpayer money should be given to Chrysler until its majority owner, private-equity firm Cerberus Capital Management LP, agrees to inject more funds into it.
Good. It’s about time this demand was made. What in the world is government doing throwing money at Chrysler when it has an owner with plenty of money? And Cerberus’ answer?
Cerberus said in a statement that it can’t put additional investments into Chrysler because agreements with its investors limit how much it can commit to any single investment. It added Cerberus has agreed to forgo any Chrysler profits before the government loans are repaid.
Tough beans. In that case, Cerberus had better find a way to sell off some of its investments to raise the necessary cash or be prepared to watch Chrysler hit bankruptcy court. Whichever choice it makes, it is not the job of the taxpayer to keep a marginal company afloat. And that’s even more true when that company has private assets upon which it can draw.
But when politicians are in the pain avoidance business, the Constitution is just a piece of paper and whatever they think they need to do to protect their positions of power will be done, regardless of law, principle or morality.
If they can get this passed, it might shake things up in the states rights arena:
This week the Oklahoma House of Representatives Rules Committee voted unanimously to support House Joint Resolution 1003 authored by state Rep. Charles Key. Key’s proposal should now be headed to the floor of the House where I look forward to supporting it.
HJR 1003 seeks to reassert Oklahoma’s sovereignty under the 10th Amendment to the U.S. Constitution, and according to the resolution’s language, serves as “Notice and Demand to the federal government, to cease and desist, effective immediately, mandates that are beyond the scope of these constitutionally delegated powers.”
The 10th Amendment states: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.”
Of course it will end up in court if passed, but I would love to see it upheld and it lead to more 10th amendment exceptions leading toward a reestablishment of more states rights.
Read the rest of the article – Rep. Jason Murphey makes a good case concerning levels of influence and representation. His point about those with money driving national politics is well taken.
Amazing that it is Russia giving the advice and the US deciding it isn’t valid:
Russian Prime Minister Vladamir Putin has said the US should take a lesson from the pages of Russian history and not exercise “excessive intervention in economic activity and blind faith in the state’s omnipotence”.
“In the 20th century, the Soviet Union made the state’s role absolute,” Putin said during a speech at the opening ceremony of the World Economic Forum in Davos, Switzerland. “In the long run, this made the Soviet economy totally uncompetitive. This lesson cost us dearly. I am sure nobody wants to see it repeated.”
Unfortunately I think this lesson is mostly lost on us and it will, just as it did Russia, cost us dearly.
Of course part of the huge and porky “stimulus” bill was billions to Community Development Block Grants (CDBG) program. Of the the past beneficiaries of that program has been our old buddies at ACORN. But, you say, the election is over – ACORN can’t collect taxpayer money for fraudulent voter registration anymore.
Never fear, ACORN has found itself a new line of work. Civil disobedience:
The community organizing group Acorn unveiled the campaign with a spirited rally on Friday at a Brooklyn church and will roll it out in at least 22 other cities in the coming weeks. Through phone trees, Web pages and text-messaging networks, the effort will connect families facing eviction with volunteers who will stand at their side as officers arrive, even if it means risking arrest.
“You want to haul us out to jail? Fine. Let the world see how government has been ineffective,” Bertha Lewis, Acorn’s chief organizer, said in an interview. “Politicians have helped banks, but they haven’t helped families in the way that it’s needed, and these families are now saying, enough is enough.”
Yes friends, your hard earned money (or that which has been borrowed from the Chinese or printed on that nifty little printing press the government has) is now going to fund ACORN’s civil disobedience shenanigans.
While no one likes to see anyone lose their home, if you’re a believer in private property, then you understand the concept that you have to pay for someone else’s property or they have recourse. ACORN, dealing on emotion and your money, have unilaterally decided that’s just wrong and intends to demonstrate that by attempting to disrupt lawful procedures to foreclose homes. Instead of using the money to help the family that is losing the home to find other accomodations and by doing so ameliorate the trauma, ACORN has decided to add to the trauma instead.
Acorn’s strategy is modeled on a movement the group led in the 1980s, when squatters occupied and set out to renovate thousands of abandoned city-owned buildings in New York, Philadelphia and Detroit, among other cities. The motivation was to solve what Ms. Lewis has called “the working family’s housing crisis.”
In cities like Orlando, Fla., which has one of the nation’s highest foreclosure rates — and Boston, Houston, Baltimore, Oakland, Calif., and Tucson, Ariz. — Acorn organizers have been creating networks to alert a homeowner’s neighbors when an eviction has been scheduled or deputies are on the way. Some volunteers will summon friends and relatives to converge at the home, while others will be in charge of notifying the news media. Organizers are also recruiting lawyers willing to defend for no fee those who are arrested.
The campaign, called Home Defenders, enlisted about 500 participants during meetings held Friday and Saturday in New York and five other cities. Ms. Lewis and other organizers said that they believed the number will reach into the tens of thousands within weeks.
Yessiree, just what we need – a taxpayer funded organization with obvious socialist roots attempting to deny the proper property owner’s rights while a sympathetic press looks on. ACORN’s model isn’t even a righteous model. As noted, the buildings in question in the ’80s were abandoned. The foreclosed houses aren’t abandoned, just empty. The quickest way to get in one, beside taking it unlawfully, is to buy it or rent it.
ACORN, however, would much rather spend its funds making a splash than a difference. But I’m not sure what else you’d expect from a bunch of marxist community organizers.
Most economists agree that America has enjoyed unprecedented prosperity, based primarily on excessive debt. Thus, any healthy correction would necessarily involve serious deleveraging and a severe recession. After a lot of pain, the economy would rebuild with healthier fundamentals. Infrastructure improvement would aid, but not cause, the eventual recovery.
Recession is the natural cure for the politically inspired profligacy that America has enjoyed for almost 40 years. Unfortunately, the side effects of this medicine, namely the rapid reallocation of labor resources and deflationary damage to debtors, are still unpalatable to pandering politicians.
The Washington regime, particularly members of the Democrat persuasion, leans towards a socialist solution of avoiding recession at any cost. After all, the bills are paid by others, such as taxpayers and holders of US dollars. This results in an increasing amount of other people’s money being spent on “public” works that would in other times carry the label “pork barrel”.
Washington is choosing to pursue the policy of continued and ever-increasing false prosperity, financed eventually by hyper-taxation, hyper-debt and hyper-inflation accompanied by a gradually eroded standard of living. The jobs created by the bill are by and large non-productive and will divert resources from the private sector and rob consumers of their power to make free choices in the marketplace.
Pain avoidance drove the call for stimulus. Politicians are naturally for that because it ensures their future. But in reality it isn’t pain avoidance at all, but simply a form of pain management. And since that management will be spread over many years, those who will lose under it will be less likely to notice that loss over the years than they would if that loss happened all at once. But there’s a price for that, and it will become apparent eventually. That gradual loss won’t allow the recovery to the previous standard of living because government will have supplanted much of the private sector and many of those options (and resources) for regaining that level are no longer available.
Of course, the good news for the present crop of politicians is that realization of loss won’t happen on their watch. And as far as the political class is concerned, that’s all that matters.
Let the good times roll!