Monday, December 6, 2010

Where are the jobs?

Headlines say it all
Ethanol tax credit set to expire

The lame-duck Congress has a RARE OPPORTUNITY TO AVOID $25-30 BILLION IN NEW DEFICIT SPENDING over the next five years, ease consumers’ pain at the pump, and scale back political manipulation of energy markets by literally doing nothing.

At the stroke of midnight on December 31 of this year, the 45¢ per gallon Volumetric Ethanol Excise Tax Credit (VEETC), commonly known as the blender’s credit, and the 54¢ per gallon tariff on imported ethanol, will expire.

A bipartisan group of 17 senators, led by Sens. Dianne Feinstein (D-Calif.) and Jon Kyl (R-Ariz.), SAY IT’S TIME FOR THESE SPECIAL-INTEREST GIVEAWAYS TO GO GENTLY INTO THE NIGHT. A broad coalition of environmental, taxpayer, hunger, free market, and food industry organizations are urging House and Senate leaders to let the VEETC meet its statutorily appointed fate.

The problem with all the so-called green jobs is that they require a heavy subsidy by the taxpayers and end up costing jobs rather than creating them (In Europe it was found each new green job cost 2.2 regular jobs).

Where are the jobs?

Now, after the severe financial panic of two years ago, it seems clear that TOO MANY TAX AND REGULATORY OBSTACLES ARE BLOCKING SATISFACTORY JOB CREATION. And it also seems clear that a number of fresh new incentives will be necessary to spur the kind of prosperity that Americans desire. Following the deep recession, we need shock-therapy, pro-growth, tax-cut and deregulatory incentives.

Post-election, IS THE WASHINGTON WAR ON BUSINESS REALLY OVER? Has the war on successful earners and investors truly ended? Is the class war against capital still being waged by the White House?

Will Barack Obama bring senior businesspeople into his inner circle? Are we going to get pro-growth tax reform for individuals and corporations? ARE WE TRULY GOING TO LIMIT GOVERNMENT SPENDING IN ORDER TO REDUCE THE ONEROUS BUDGET DEFICIT? Is King Dollar currency stability on the table?

These are all key questions for the economy's future and the murky unemployment outlook.

Democrats by now should know that their policies are job killers (look how many Democrats lost their jobs last month). Business is ready to expand if the Republicans can get some pro-business policies past a BHO veto.

The crazy old Aunt in the Attic

Helen Thomas is at it again, that is, opening her mouth only to change feet.

Proving once again that you can’t teach an old dog new tricks, former White House Correspondent Helen Thomas told an anti-Arab-Bias workshop in Dearborn Michigan that she absolutely stands by her ugly comments about Jews made earlier this year, that they should return to Germany and Poland and went even further, even adding the anti-Semitic meme that Zionists control U.S. foreign policy and other American institutions.

The Detroit Free Press which report about Thomas’ speech in Dearborn characterized the comments that got her fired as something “which critics have said were anti-Israel,” perpetuating the myth that Thomas was fired for being critical of the Jewish State. Note to the Freep, no one gets fired for being critical of Israel, not even in Israel. Thomas’ comments back in June were anti-Semitic, she told Israeli Jews to go back to Germany and Poland [where they faced the horrors of the Holocaust]

Water boarding is torture, but killing terrorist seems to be okay with the left

Every war brings its own deformations, but consider this disturbing fact about America's war against al-Qaeda: IT HAS BECOME EASIER, POLITICALLY AND LEGALLY, FOR THE UNITED STATES TO KILL SUSPECTED TERRORISTS THAN TO CAPTURE AND INTERROGATE THEM.

The pace of drone attacks on the tribal areas has increased sharply during the Obama presidency, with more assaults in September and October of this year than in all of 2008. At the same time, EFFORTS TO CAPTURE AL-QAEDA SUSPECTS HAVE VIRTUALLY STOPPED. Indeed, if CIA operatives were to snatch a terrorist tomorrow, the agency wouldn't be sure where it could detain him for interrogation.

Michael Hayden, a former director of the CIA, frames the puzzle this way: "Have we made DETENTION AND INTERROGATION SO LEGALLY DIFFICULT AND POLITICALLY RISKY that our default option is to kill our adversaries rather than capture and interrogate them?"

It's curious why the American public seems so comfortable with a tactic that arguably is a form of long-range assassination, after the furor about the CIA's use of nonlethal methods known as "enhanced interrogation."

Once again the political side of the aisle that believes in the politics of intentions fails to recognize the law of unintended consequences.

WikiLeaks cables reveal how US manipulated climate accord


The US diplomatic cables reveal how the US seeks dirt on nations opposed to its approach to tackling global warming; how financial and other aid is used by countries to gain political backing; how distrust, broken promises and creative accounting dog negotiations; and how the US MOUNTED A SECRET GLOBAL DIPLOMATIC OFFENSIVE TO OVERWHELM OPPOSITION to the controversial "Copenhagen accord", the unofficial document that emerged from the ruins of the Copenhagen climate change summit in 2009.

Global climate change is not science, it’s politics and it appears Wikileaks is shining too much light on it for its own good.

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