Wednesday, November 30, 2011

Weather’s Too Nice For Global Warming Alarmists - Latest Headlines - Investors.com

Weather’s Too Nice For Global Warming Alarmists - Latest Headlines - Investors.com: "Environment: Sunday will be the 2,232nd consecutive day that the U.S. has gone without being hit by a major hurricane. This is a big enough deal to be covered by the mainstream media. But of course it won't be.

"Since there won't be any intense hurricanes before next summer, the record will be shattered, with the days between intense hurricane landfalls likely to exceed 2,500 days," he writes in his blog.

Why is this significant? Because the global warming alarmists have been telling us that man's carbon dioxide emissions would bring bigger storms.

On Dec. 4, a new record will be set for the number of days between landfalls of category 3 or stronger storms. The previous streak, according to Roger Pielke Jr., began on Sept. 8, 1900, and ended on Oct. 19, 1906, when the Great Galveston Hurricane hit."

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Saturday, November 26, 2011

Orgasmic spenders flirting with insolvency | debt, government, spending - Opinion - The Orange County Register

Orgasmic spenders flirting with insolvency | debt, government, spending - Opinion - The Orange County Register: "But don't worry. Aside from spending the summer negotiating a deal that increases runaway federal spending, those stingy, cheeseparing Republicans also forced the Democrats to agree to create that big ol' supercommittee that would save $1.2 trillion -- over the course of 10 years.
Anywhere else on the planet that would be a significant chunk of change. But the government of the United States is planning to spend $44 trillion in the next decade. So $1.2 trillion is about 2.7 percent. Any businessman could cut 2.7 percent from his budget in his sleep. But not congressional supercommittees of supermen with superpowers thrashing it out across the table for three months. So there will be no 2.7 percent cut."

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Fred Siegel: 'The New Tammany Hall' - WSJ.com

Fred Siegel: 'The New Tammany Hall' - WSJ.com: " "Obama's crony capitalism has been very good for New York's crony capitalism," he says. Over at Zuccotti Park, "there are a few people there who do get it, but very little of their animosity follows from this."

One can appreciate why the "we are the 99%" militants might resist Mr. Siegel's logic. He links the liberalism of the 1960s, not any excess of the free market, to today's crisis. The Great Society put the state on growth hormones. Less widely appreciated, the era gave birth to a powerful new political force, the public-sector union. For the first time in American history there was an interest dedicated wholly to lobbying for a larger government and the taxes and debt to pay for it."

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Review & Outlook: The Non-Green Jobs Boom - WSJ.com

Review & Outlook: The Non-Green Jobs Boom - WSJ.com: "The Obama Administration has managed the nearly impossible feat of turning energy policy into a money loser, pouring taxpayer dollars into green-energy busts like Solyndra. The Washington Post reported in September that Mr. Obama's $38.6 billion green loan program had created a mere 3,500 jobs over two years. He had predicted it would "save or create" 65,000.

Mr. Obama nonetheless keeps talking about "green jobs" as if repetition will conjure them. He'd do more for the economy if he dropped the ideological illusions and embraced the job-creating, wealth-producing reality of domestic fossil fuels."

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Thursday, November 24, 2011

Glenn Hubbard: It's Still Possible to Cut Spending—Here's How - WSJ.com

Glenn Hubbard: It's Still Possible to Cut Spending—Here's How - WSJ.com: "President Obama's answer is higher taxes. But he can't be serious. Just accommodating his spending plans over the next decade requires across-the-board tax increases of 20%. Over the next 25 years, taxes would need to rise across the board by 60%.

Instead, what is needed is spending reform that offers goals, specifics and ways to blend fiscal responsibility with modernizing government. "

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Tuesday, November 22, 2011

Happy Sweet Sequester’d Days - By Mark Steyn - The Corner - National Review Online

Happy Sweet Sequester’d Days - By Mark Steyn - The Corner - National Review Online: " the “automatic” sequestration cuts would over the course of ten years reduce US public debt by only $153 billion. Which boils down to about a month’s worth of the current federal deficit.

Yet even slashing a pimple’s worth of borrowing out of the great oozing mountain of pustules will prove too much for Washington."

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Saturday, November 12, 2011

Don't Stop Doubting - Latest Headlines - Investors.com

Don't Stop Doubting - Latest Headlines - Investors.com: "Judith Curry, a Georgia Tech climate researcher with more than 30 years experience who was also part of the BEST project, has said "there is no scientific basis for saying that warming hasn't stopped." She looked at the same data Muller did and noted it shows global temperatures haven't increased since the late 1990s.

Now comes meteorologist Anthony Watts armed with data showing the continental U.S. has not warmed in the last 10 years, and in fact has grown cooler in the summer and colder in the winter. The numbers aren't a collection of weather forecasts from Watts, who runs the website "Watts Up With That," but data from the National Climatic Data Center.

"

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Thursday, November 3, 2011

Income Inequality Rose Most Under President Clinton - Latest Headlines - Investors.com

Income Inequality Rose Most Under President Clinton - Latest Headlines - Investors.com: "But it turns out that the rich actually got poorer under President Bush, and the income gap has been climbing under Obama.

What's more, the biggest increase in income inequality over the past three decades took place when Democrat Bill Clinton was in the White House."

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Income Inequality Rose Most Under President Clinton - Latest Headlines - Investors.com

Income Inequality Rose Most Under President Clinton - Latest Headlines - Investors.com: "But it turns out that the rich actually got poorer under President Bush, and the income gap has been climbing under Obama.

What's more, the biggest increase in income inequality over the past three decades took place when Democrat Bill Clinton was in the White House."

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