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Archive for the 'Cap and trade' Category

July 8th 2009

Greenpeace Dishonors America’s Greatest


hree of America’s greatest presidents – no way am I counting Teddy Roosevelt in that group [thanks, Coop!] – were dishonored by Greenpeace today when the group defaced Mt. Rushmore with a banner portraying FDR wannabe Barack Obama.  The message is ludicrous:  “America Honors Leaders, Not Politicians. Stop Global Warming.”

The banner seems to imply that Washington, Jefferson and Lincoln were not leaders.  The Greenpeace idiots should be very, very glad we have First Amendment rights in this country.  I won’t dispute that Obama’s a leader; it’s just a disagreement with Greenpeace over the way he’s leading us.  I don’t believe “honor” should be ascribed to a person who is leading America towards socialism and economic ruin.

And as for stopping global warming, pshaw.  All Obama’s policies will do is make everything more expensive; they will do nothing to significantly alter the atmosphere or the globe’s climate.  His “leadership” on cap and tax is better described as “ruinship.”



May 22nd 2009

GE’s Payday Draws Near, Thanks To Waxman


axman-Markey, the bill that would euthanize our sick economy in a Quixotic quest to save the planet, has passed the House Energy and Commerce Committee, and GE/NBC honcho Jeff Immelt couldn’t be happier.

The bill, presumably watered down to secure the votes of Dems wanting to appear less than full-bore loon, proposes to radically change America’s energy infrastructure and economy. It would impose an Obama-draconian 17 percent cut in greenhouse gas emissions from 2005 levels by 2020 – just 10 years from when it’s likely to go into effect. Then it gets much, much worse: a 42 percent cut in the next ten years, and an 83 percent cut from 2005 levels in the next ten.

The only way to accomplish that is to tax cheap, abundant fuel out of existence in favor of unproven, unreliable, more expensive alternative fuels – or to go nuke big-time. But as currently written, Waxman-Moxley includes not a single incentive for nuclear power.

Surveying this mess, frequent commenter Francis came up with a Q&A for this bill, its authors, and the 32 Dems and 1 Republican (Sunny Bono’s former wife Mary, RINO-CA):

A reduction in greenhouse gases? No.

Stable global climate? No.

Reductions in sea level rise? No.

A robust new “green” economy? That’s debatable, but I would argue “no.”

Payback to GE/NBC for all-positive news coverage of Obama? Absolutely.


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May 20th 2009

CBO Fires Another Shot At Cap & Trade


he Dems dream of a vast new IRS is still alive even as Congressional Dems back off from Obama’s concept – cap and trade as a tax – in favor of a seemingly less onorous cap and trade as a grant concept. But that darn Congressional Budget Office just keeps on pointing out the obvious: No matter how its structured, cap and trade will be an economic Katrina on the American economy.

The CBO has issued a second letter opining on the Dem scheme, WashTimes reports:

Congress’ chief scorekeeper says the global warming bill moving through Congress will either be scored as a major tax increase or a massive expansion of the federal government – and either one could give opponents substantial ammunition to complicate Democrats’ efforts to pass a bill.

The Congressional Budget Office (CBO), in a letter sent last week to House Energy and Commerce Committee Chairman Henry A. Waxman, said Democrats’ approach of creating allowances for emitting greenhouse gases requires developing from scratch a market worth hundreds of billions of dollars. …

The six-page CBO letter also listed repeated examples of situations in which, for purposes of the federal budget, it will assume that the cap-and-trade approaches will dampen businesses’ income, meaning less revenue to the federal government.

The Dem response?  Well, they’re trying to work with CBO.  They figure that maybe if they threaten the CBO budget or start making personal attacks on its staff, they’ll be able to get the watchdogs to change a couple assumptions and come out with a rosier report. In other words, they’re not looking at the bill, seeing it for what it is and deciding to wait until the economy is back on its feet to cut its legs out from under it.  Instead, they remain intent on kicking the economy while its down and want to get fudged numbers to excuse their action.

Meanwhile, the environmental lobbying machine is busy discounting the CBO:

Dan Lashof, director of the Natural Resources Defense Council’s climate center, said the CBO will still have to issue a final score on the bill when it passes the committee, and NRDC hopes the letter is not the last word.

“What they have left out of their analysis is the benefit to consumers of energy efficiency – that actually lowers their bills. I don’t see anywhere in this long set of examples this accounts for that,” Mr. Lashof said.

That’s because the CBO hasn’t yet come up with the metrics to measure pipe dreams and fantasies.  There is no energy efficient replacement immediately available that would allow us to avoid the immediate impacts of cap and trade. As one commenter to the WashTimes story sarcastically put the Dem view of things,

The CBO is full of partisan hacks who want to do nothing more than destroy this once great nation. But, the Natural Resources Defense Council’s climate center is a straight down the middle lovable group who would never do anything that might tear apart the very foundations of our economy.

The new bill gives the GOP and blue dog Dems some hope that cap and trade might be the first Obama policy initiative to fall flat on its face.  That certainly must be the goal, both to protect the economy from Warmie lunacy and to signal an end to the devastating run Obama’s enjoyed.

Do your part. Write your member of Congress and demand they tell you before they vote how the bill will impact your power bill and the price at the pump.  Keep asking; hold them to it.

Art: The Talk of the Times 



May 9th 2009

Obama’s Cap And Trade In Question Following Polar Bear Ruling


he Center for Biological Depravity Diversity was its hyperbolic self yesterday in an email sent to its supporters (and watchers, like me):

[Interior Sec. Ken] Salazar confirmed our worst fears for his tenure as Secretary of the Interior — he announced that he will adopt Bush’s polar bear extinction plan …

You have to hand it to the folks at the CBD; they know how to gin up the language, turning a simple rule that allows the careful, ongoing use of existing oil production facilities as “Bush’s polar bear extinction plan.” Of course, it’s easier to turn a phrase like that when you don’t need to worry about facts, ethics or honesty like the rest of us.

Leaving CBD’s hyperbole aside, here’s what Salazar did, from DOI’s news release:

Secretary of the Interior Ken Salazar announced today that he will retain a special rule [a "4(d) rule"] issued in December for protecting the polar bear under the Endangered Species Act, but will closely monitor the implementation of the rule to determine if additional measures are necessary to conserve and recover the polar bear and its habitat. …

Section 4(d) of the ESA allows the Fish and Wildlife Service to tailor regulatory prohibitions for threatened species as deemed necessary and advisable to provide for the conservation of the species. Hence, the special rule is referred to as a 4(d) rule. …

The rule also states that incidental take of polar bears resulting from activities outside the bear’s range, such as emission of greenhouse gases, will not be prohibited under the ESA.

“Incidental take” means harming, harrassing or killing, when done incidental to other legal activities; stated less bureaucratically, it means “not deliberate.” The polar bear is classified as a threatened species under the Endangered Species Act, so if you go out and just shoot one for sport, you’re in big trouble. But with Salazar’s action yesterday, it remains legal to go about the legal activities of maintaining oil production facilities and exploring for oil on oil lease land, even if by some unprovable nexus, your activities cause a chunk of ice to melt, a polar bear to tumble into the sea, somehow forget how to swim, and drown.

The greens pushed hard to get the polar bear listed as endangered, because the 4(d) rule can only be applied to threatened species, not endangered ones.  Bush was justified in not listing the polar bear at all – their populations are stable, even growing in some regions, and there’s no proof that polar icemelt is permanent; indeed, last winter’s ice build-up was record-breaking.  But in one of his weaker moves, Bush gave in and took the middle ground, listing it as threatened and writing the 4(d) to protect energy production and other activities.

I’ve lived through this myself.  In the early 1990s, Hugh Hewitt and I orchestrated the campaign to keep the California gnatcatcher from being listed under Cailfornia’s ESA, then eked out a “threatened” listing from the incoming Clinton administration, dodging the “endangered” bullet.  As a result, thousands of new homes and commercial/industrial facilities were built that otherwise would have been stopped dead by the less flexible endangered listing.

And the gnatcatcher, God bless it, is thriving.

The same will certainly be true of the polar bear, which has survived previous warming spells.  I’m not sure if the same can be said now of Obama’s cap and trade tax movement, which is already unpopular in Congress.  If you doubt the signficance of the hurdles Obama’s facing with this madcap scheme, just ask the free market: The price of CO2 credits has dropped dramatically.

Now Obama must defend the urgency of imposing cap and trade on a crippled, job-shedding economy even while admitting through Salazar’s action that things really aren’t all that urgent.  If global warming were the immediate threat the hysterics Obama campaigned to say it is, Salazar would have suspended the 4(d) rule at a minimum and could have even re-opened the process to go for an endangered listing.

That  he didn’t is solid evidence that the Obama administration is watching gas prices, which are beginning to creep up again.  They know that a repeat of last year’s run-up in gas costs will spell doom to cap and trade, and cost any politician who’s anti-drilling points in the polls.  So to keep his numbers up and the changes of cap and trade alive, Obama approved the continuation of the 4(d) in spite of howling opposition from the environmentalists.

That he could make so politic a trade at the expense of the polar bear (at least that’s how the Greenies put it) can only be read as proof that Obama doesn’t view global warming and cap and trade to be issues as important as his own popularity.  Smart opponents of cap and trade just got some powerful new ammunition, and I hope they’re loading their legislative and rhetorical weapons as I write.


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March 20th 2009

Feeling Chilly About Cap And Trade


all Street was down today but eked out its first positive week in quite some time – but don’t look for a continuation Monday as, first, the Congressional Budget Office said today Obamarx’s budget will produce losses $2.3 TRILLION worse than the White House predicts ($9.3 trillion worth from 2010-2019) and second, that the Obamarxists say damn the torpedoed economy, they’re not going to cut a single program.

Included in the programs they’re not about to cut is their greenhouse gas cap and trade program, which received endorsement of a Discovery Channel feature on alternative energy Incredible Wife and I watched this week.  With every single new technology they showed, someone looked earnestly into the camera and said:

“We need carbon emission cap and trade for this to work.  Without that financial incentive, this technology is just an overpriced waste of time and money.”

Or something to that effect.  Translation:  Unless the fuels you use get crazy expensive, you’d never be crazy enough to use the fuels the Greenies want you to use.  The price tag of this little incentive program for clean energy?

President Obama’s climate plan could cost industry close to $2 trillion, nearly three times the White House’s initial estimate of the so-called “cap-and-trade” legislation, according to Senate staffers who were briefed by the White House.

A top economic aide to Mr. Obama told a group of Senate staffers last month that the president’s climate-change plan would surely raise more than the $646 billion over eight years the White House had estimated publicly, according to multiple a number of staffers who attended the briefing Feb. 26.

“We all looked at each other like, ‘Wow, that’s a big number,’” said a top Republican staffer who attended the meeting along with between 50 and 60 other Democratic and Republican congressional aides. (WashTimes)

How reassuring do you find it that they had no clue what the program was going to cost?  But so what? Who cares? Obamarx says larger deficits and larger than expected costs for his programs mean nothing to him.

“What we will not cut are investments that will lead to real growth and prosperity over the long term. That’s why our budget … enhances America’s competitiveness by reducing our dependence on foreign oil and building a clean energy economy.”

Enhances competitiveness by making everything we make, everything we grow, more expensive?  Please explain – without a teleprompter – how that works.

But no matter. Whether we want to do it or not, we have to do it to save the fragile planet, which without alternative energy and an end to greenhouse gas over-emitting, will soon be awash in seawater from rising oceans.  Riiiiight …

How many times have you seen the word “collapse” used lately to describe what could unfold should human-caused global warming, and more particularly warming seas, erode the West Antarctic Ice Sheet? (One metric: A Google search for “West Antarctic Ice Sheet” and “collapse” gets 29,800 hits.)

The word is used again in the headline on one of two new papers in the journal Nature focusing on past comings and goings of that huge expanse of ice. But this paper, by David Pollard at Penn State and Robert M. DeConto of the University of Massachusetts at Amherst, provides an estimated time frame for the loss of ice that its authors say should be of some comfort. (If the sheet melted entirely, sea levels worldwide would rise more than 15 feet.)

Dr. Pollard and Dr. DeConto ran a five-million-year computer simulation of the ice sheet’s comings and goings, using data on past actual climate and ocean conditions gleaned from seabed samples (the subject of the other paper) to validate the resulting patterns.

The bottom line? In this simulation, the ice sheet does collapse when waters beneath fringing ice shelves warm 7 to 9 degrees Fahrenheit or so, but the process — at its fastest — takes thousands of years. Over all, the pace of sea-level rise from the resulting ice loss doesn’t go beyond about 1.5 feet per century, Dr. Pollard said …. (NYT)

That’s less than a quarter inch a year – the same amount the ocean’s been rising for the last 100,000 20,000 years or so [corrected], more than 19,800 years before human involvement (what a joke!) in our climate.  And in case you missed that attribution, folks, it says NYT, as in the New York Times – hardly a bastion of anti-Warmie journalism.

Yet Obamarx marches on with his scheme of cap and trade, despite the damage it will do to an economy that is far more stretched and fragile than he admits, despite the fact that there is no immediate threat from global warming. There’s a word for that. Demagoguery.

We may have a horrible government, but we’ve got a beautiful language.

Hat-tip: Jim. Art: Minnesotans for Global Warming



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