Environmentalists Clobber Texas - Murray N. Rothbard - Mises Daily

Environmentalists Clobber Texas - Murray N. Rothbard - Mises Daily: "On February 1, 1993, federal district judge Lucius Bunton, in Midland, Texas, handed down his ruling in favor of the Sierra Club; in case of drought, no matter the shortage of water hitting San Antonio, there will have to be enough water flowing from the aquifer to the two springs to preserve these four species. Judge Bunton admitted that, in a drought, San Antonio, to obey the ruling, might have to have its water pumped from the aquifer cut by as much as 60 percent. This would clobber both the citizens of San Antonio, and the farmers and ranchers of the area; man would have to suffer, because human beings are always last in line in the environmentalist universe, certainly far below wild rice and the fountain darter."

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Obama’s Jobs Bill: Read It and Weep | Hoover Institution

Obama’s Jobs Bill: Read It and Weep | Hoover Institution: "What is so striking about Obama’s shopworn rhetoric is its juvenile intellectual quality. His explanation for how the AJA will create jobs is a non-starter because he does not explain how we get from here to there. As in so many other cases, the president thinks that waving a wand over a problem will make his most ardent wishes come true, even when similar earlier efforts have proved to be dismal failures. This dreadful hodgepodge of a bill will likely be dead-on-arrival in Congress, but it remains a patriotic duty to explicate some of its worst provisions.

The most evident feature of the AJA is that it is a combination of ill-conceived, disparate measures. The wandering quality of the bill makes it impossible to cover all of its silliness, but it is possible to focus on some of the core job provisions, all of which kill the very jobs that the AJA is supposed to create."

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Getting Taxes All Wrong - Investors.com

Getting Taxes All Wrong - Investors.com: "The idea that a "modern industrial economy" needs high tax rates to be successful is a Keynesian fairy tale — sadly, one that President Obama and his dwindling number of true believers seem to actually believe.

History's verdict on taxes is quite clear: Cut to grow. If only our nation's top elected official knew more economic history and a lot less progressive ideology, we might be growing right now."

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Germany slams 'stupid' US plans to boost EU rescue fund - Telegraph

Germany slams 'stupid' US plans to boost EU rescue fund - Telegraph: "Mr Schauble told Washington to mind its own businesss after President Barack Obama rebuked EU leaders for failing to recapitalise banks and allowing the debt crisis to escalate to the point where it is "scaring the world".
"It's always much easier to give advice to others than to decide for yourself. I am well prepared to give advice to the US government," he said."

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