Domestic Policy
RNC Knocks Obama For “Failed Stimulus Plan”
Obama & Crew: Excellence Versus Nothing – HUMAN EVENTS
It is no wonder to me why President Obama believes and does what he does: he has zero experience in the private sector, zero executive experience, and even very limited experience in government.
It’s Now or Never on Nationalized Health Care – HUMAN EVENTS
One of the most basic precepts of medicine is that you cannot effectively treat the problem until you get the diagnosis right. Yet Democrats have terribly misdiagnosed the disease in American health care. As with nearly everything, they have decided the problem in our health care delivery system is a shortage of government intervention.
via It’s Now or Never on Nationalized Health Care – HUMAN EVENTS.
“…frost has never been reported before in July” « Watts Up With That?
Temperatures dropped to a record low in Prince Edward Island overnight Tuesday, with reports of frost throughout the province.
An official record low of 3.8 C was set early Wednesday morning at Charlottetown airport.
The previous record for that date was 5.1 C, set in 2005.
via “…frost has never been reported before in July” « Watts Up With That?.
Of NICE and Men – WSJ.com on Obamacare (or lack thereof)
The NICE precedent also undercuts the Obama Administration’s argument that vast health savings can be gleaned simply by automating health records or squeezing out “waste.” Britain has tried all of that but ultimately has concluded that it can only rein in costs by limiting care. The logic of a health-care system dominated by government is that it always ends up with some version of a NICE board that makes these life-or-death treatment decisions. The Administration’s new Council for Comparative Effectiveness Research currently lacks the authority of NICE. But over time, if the Obama plan passes and taxpayer costs inevitably soar, it could quickly gain it.
A Government Failure, Not a Market Failure – WSJ.com
This was a market failure, we are told, and the promise of capitalism has always been that the self-correcting mechanisms built into the system would preclude the possibility of a systemic market failure.
But the housing bubble only burst after government subsidies pushed house prices up so fast that marginal buyers could no longer afford to chase prices even higher. A bubble created by rigged financial markets and a government-sponsored obsession with home ownership is not a result of market failure, but rather, a result of bad public policy. The belief that home ownership, per se, is such a benefit that no amount of government support could be too great and no pace at which home prices rise could be too fast is the root of the crisis.
There was no market failure.
Morning Bell: The Left’s Assault on the Declaration of Independence » The Foundry
But denying the truth of America’s principles for the sake of “change” can make no claim to progress at all—a point made with unsurpassed clarity by Calvin Coolidge learn more here on the 150th anniversary of the Declaration of Independence in 1926: “If all men are created equal, that is final. If they are endowed with inalienable rights, that is final. If governments derive their just powers from the consent of the governed, that is final. No advance, no progress can be made beyond these propositions.”
We don’t need to remake America, or discover new and untested principles. The change we need is not the rejection of America’s principles but a great renewal of these permanent truths about man, politics, and liberty—the foundational principles and constitutional wisdom that are the true roots of our country’s greatness.
Read the full article here… Morning Bell: The Left’s Assault on the Declaration of Independence » The Foundry.
Revealed: Antarctic ice growing, not shrinking | The Australian
Antarctica has 90 per cent of the Earth’s ice and 80 per cent of its fresh water. Extensive melting of Antarctic ice sheets would be required to raise sea levels substantially, and ice is melting in parts of west Antarctica. The destabilisation of the Wilkins ice shelf generated international headlines this month.
However, the picture is very different in east Antarctica, which includes the territory claimed by Australia.
East Antarctica is four times the size of west Antarctica and parts of it are cooling. The Scientific Committee on Antarctic Research report prepared for last week’s meeting of Antarctic Treaty nations in Washington noted the South Pole had shown “significant cooling in recent decades”.
via Revealed: Antarctic ice growing, not shrinking | The Australian.
The Cap and Tax Fiction – WSJ.com
To get support for his bill, Mr. Waxman was forced to water down the cap in early years to please rural Democrats, and then severely ratchet it up in later years to please liberal Democrats. The CBO’s analysis looks solely at the year 2020, before most of the tough restrictions kick in. As the cap is tightened and companies are stripped of initial opportunities to “offset” their emissions, the price of permits will skyrocket beyond the CBO estimate of $28 per ton of carbon. The corporate costs of buying these expensive permits will be passed to consumers.