4
POPS Titanic Economic Menace In the present challenging world economy, such follies, such self-inflicted burdens, have, recalling the words of Benjamin Franklin - “even a small hole can sink a big ship” - , morphed into the iceberg that could well help to hole H.M.S. Britannia below the water-line. Carl Mortished so tellingly reminds us: “... the flow of oil, food and raw materials will shift increasingly towards China and India, rather than towards America and Europe. Life will become more expensive and more difficult for Europeans.” Self-indulgent ‘Green’ trumpery can have no place in the real-world economic battles that lie ahead. This is no computer model, the political party which grasps this truth first, and is then straight and honest with the electorate about the limitations of ‘Green’ policies, will not only improve Britain’s position, but, in the longer run, could well hone its own competitive, political edge as the British public returns to basics.
5
POPSWho Will Pay For The Politicians Promises? Because of onerous regulations, it has been 30-plus years since a new refinery has been built. Similar regulations also explain why the U.S. nuclear energy production is a fraction of what it might be. Congress' solution to our energy supply problems is not to relax supply restrictions, but to enact the Energy Independence and Security Act of 2007 that mandates that oil companies increase the amount of ethanol mixed with gasoline. Anyone with an ounce of brains would have realized that diverting crops from food to fuel use would raise the prices of a host of corn-related foods, such as corn-fed meat and dairy products. Wheat and soybeans prices have also risen as a result of fewer acres being planted in favor of corn. Congress' proposed "solutions" to the energy and food mess it has created include a windfall profits tax on oil companies, food stamps, etc. These measures will not solve the problem, but will create new problems.
3
POPSToo "Complex"?: Part II: Thomas Sowell --all the while lamenting the lack of affordable housing. So long as politicians can get some people's votes by publicly feeling their pain when it comes to housing costs, and other people's votes by restricting the building of housing, they can have a winning coalition at election time, which is their bottom line. Moral melodrama is where it's at, politically. Too "Complex"? http://www.townhall.com/columnists/ThomasSowell/2008/05/13/too_complex
3
Clips
Latest Pops
Latest Comments
Most Pops
Tags
Print
Save
Turn on live update