Ken Silber explains. My main problem with it is that it gives far too much credence to AGW theory.
Category Archives: Economics
The President Uses The Pearl Harbor Anniversary
…to push his big-government agenda. Shocking, I know.
Biases Of Risk And Reward
An interesting article on human psychology. I may think about how this plays into issues of human spaceflight safety, for both professional and recreational space travelers, for a couple papers I’m working on.
[Via Geek Press]
The Fed
…is financially ruining an entire class of investors. I agree with Ron Paul that it needs an honest audit.
Death To Pennies
I’ve wanted to get rid of it for at least thirty years. When you can’t purchase something with a single coin, it’s time to end it, and with the penny, it’s long past time.
Hatching Giant Black Swans
The problem with “too big to fail.” It’s just another example of the knowledge problem.
The Latest Plans At The UN Kleptocracy
The administration is figuring out a new way to screw us extralegally:
Negotiators at the conference are considering “a new tax on every foreign currency transaction in the world,” according to the Center for a Constructive Alternative (CFACT). “Every time you travel abroad, you’ll have to pay a climate tax,” explains CFACT, the group that released the “Climategate” emails. “More importantly, every time we import goods, every time we export our fine products (think jobs) we will do so with a climate tax skimming off the top.”
European countries would evade much of the tax burden, however, because “transactions within the Eurozone won’t have to pay this new tax.”
CFACT suggests that Obama is open [sic] implementing this tax and similar policies in the absence of a full climate treaty, which would require congressional approval. “We have learned that while many have discounted this conference, knowing that a full climate treaty is difficult to achieve especially with a U.S. Senate that will not vote to ratify,” CFACT says. “Obama and his fellow climate travelers are working around the Senate and planning to stick America with the bill.”
OK, I have no doubt that they’d like to do it, but how would it work without getting a treaty through the Senate? How would they actually enforce it, and what would happen when a bank or an individual got a judge to issue an injunction against it?
How Much Trouble Is Social Security In?
Five charts that explain what a disaster looms. And they don’t include the coming breakthroughs in life extension.
Know Nothings
In which the Occumorons in San Diego hold a seminar extolling the virtues of communism. As noted, this is because we allowed the left to take over the academy in the sixties.
“Too Big To Fail”
Can it be eliminated? If not, we’re in big trouble. It definitely should be a campaign issue.