According to President Obama, we have tried his plan in America and it has worked! Don’t say that to employees in either the defense or the coal industry. President Obama’s plans are about to go to work on both on these industries and that apparently implies that a whole lot of jobs won’t be getting created or saved. Changing scale in capital intensive industries requires | Read More »
Will government ever learn? Every time they try to fool the market with some cockamamie attempt at central planning, they create a discontinuity in the market. These discontinuities can often be exploited for gain. That’s when the jackals rush in. The EPA runs a program that is supposed to ensure 36 billion gallons of biofuels are blended into the gasoline supply by 2022. Every gallon | Read More »
Good morning. Excellent news abounds. The United States has significantly lowered its airborne emissions of CO2. This is truly positive news, given that the US EPA and many members of Congress view this pollutant with such concern that they would willingly consign the economy to a system of CO2 permits that would limit what can be produced, consumed and enjoyed by every American. The news | Read More »
It’s bad enough that government regulations and environmental legal defense groups have prevented us from building oil refineries for over 30 years. It’s even worse when the existing ones are forced to blend fuel mixtures that don’t exist. We are all painfully aware of the Soviet style mandate that requires 10% of petroleum to be comprised of ethanol. This unconstitutional mandate has killed jobs, driven | Read More »
Even as gas prices decline, we must not relent in our pursuit of free market energy solutions. Gas prices will continue to spike every few months as long as we refuse to increase supply to meet our energy needs. Moreover, $3.40 per gallon of gasoline – or even $3 per gallon – is too much. We must not let Obama off the hook for continuing | Read More »
Quick quiz: What is a Progressive Politician’s favorite form of energy? A. Cold Fusion B. Pixie Dust C. Unicorn Farts D. Cellulosic Biofuel E. All of the Above Careful. It’s kind of a trick question. Answer below the fold.
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Phil Kerpan to discuss the EPA’s war on coal, a key vote today in the Senate, and how EPA regulations could drastically increase your utility bill. We’re brought to you as always by Stephen Clouse and Associates. If you’d like to email us, | Read More »
Update: Sen Inhofe seems ready to provide some cost scrutiny. Help the man out, write your Senators today and tell them to support the Inhofe Resolution! There are some parts of government that face consequences when they overrun their costs by a significant value. The people get dragged up to DC, they must justify their existence and if they fail…The career dissipation light flickers. The | Read More »
Will this be the 2012 election map? If the Obama administration keeps up their War on Coal (literally: they consider coal more dangerous than terrorism), quite possibly. And it may be at least partially because of coal.
Apologies to John Lennon. Concept by Al Armendariz, Administrator of EPA Region VI. Repair Man Jack posted the video with analysis here. No apology is necessary, Mr. Armendariz. In a perverse way, your comments reveal the tactics of your agency, and more importantly, the philosophy which motivates Mr. Obama’s entire Administration. It also speaks of the arrogance of a government that thinks its citizens are | Read More »
Iron Eyes Cody cried at the sight of polluted waters and skies in a famous public service announcement, first aired in 1971. Old Iron Eyes may have been a faux-Indian, but his message resonated with people. The Crying Indian PSA was one of the most successful ever. It resonated because it was true. In the early ’70s, the environment was a mess. Urban skies were | Read More »
“will they finally hold the line on their own promises this time, or will they pass all the extensions without the reforms, riders, and spending offsets? This package must be the final offer.” Earlier today, House Republican leaders unveiled their package deal to extend the payroll tax and unemployment benefits for another year and to continue Medicare ‘doc fix’ for another two years. While bipartisan | Read More »
“Why are we bailing them out from their biggest debt with the voting public? Why are Republicans in a rush to move on from issues that embarrass Democrats?” It is still inexplicable to me why Republicans should violate their pledge against passing an Omnibus, in order to meet an artificial deadline set by those who never passed a budget. Democrats were too incompetent to pass | Read More »
Late start tonight for Tech at Night. Sorry, but I’ve started a plan to get myself out of California, and to be honest I’m more than a bit nervous about the whole thing. Looking for new work in the Obama economy? Yeah. But at least Marsha Blackburn wants to help the tech job situation by taking on Barack Obama’s twin regulatory nightmares of the FCC | Read More »
This is one of those weeks when all the important stuff happens at once, and there’s much to cover. I’ll start with the big national story. As I previously covered, The Eric Holder/Barack Obama Justice Department is coming after AT&T, using its own odd brand of economics to claim that the merger with T-Mobile would make the wireless market less competitive. When in fact, as | Read More »
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