by Hans Bader
November 03, 2009 @ 6:53 pm
It’s been a year since the president was elected, and he’s already piled up an impressive list of lies and broken promises.
The broken promises include his pledge to enact a “net spending cut,” his promise not to raise taxes on anyone making less than $250,000 a year, and his promise not to sign bills without first giving the public five days of notice.
The Congressional Budget Office says that Obama’s proposed budgets will explode the national debt through massive spending increases, increasing the already large deficits…
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by Hans Bader
November 01, 2009 @ 7:07 pm
Two EPA lawyers criticized the cap-and-trade energy bill passed by the House as a scam, noting in The Washington Post that it will be manipulated to profit politically connected corporations and reward certain kinds of pollution, while not cutting greenhouse gas emissions. A similar scheme enacted in Europe in the name of fighting global warming enriched polluters, while not reducing emissions, which actually rose faster in most of Europe than in the U.S.
The Washington Examiner explains how the bill will lead to deforestation, and thus increase greenhouse gas…
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by Ivan Osorio
July 30, 2009 @ 4:01 pm
The Los Angeles Times‘ Judith Lewis relates an amusing example of how government can undermine its own harebrained schemes.
It was a fine June day in 2007 when a senator from Illinois, then a long-shot for the presidency, stood beside the pumps at Conserv Fuel in West Los Angeles and congratulated the heroes of the biofuel revolution. Conserv Fuel was one of the first fueling stations in the country to offer biofuel at the pump, and Barack Obama was looking to establish…
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by Iain Murray
January 09, 2009 @ 5:28 pm
In his speech on the stimulus package Thursday, President (Elect) Obama promised to double alternative energy use in three years. How likely is this?
Well, for a start we don’t use much alternative energy to begin with - slightly less than 7 quadrillion BTU of the 101 quads we use as a nation annually. Of those 7, 2 quads are related to the use of wood as fuel, something which is not normally viewed as environmentally friendly, and 2.5 are hydropower, an energy…
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by Fran Smith
May 09, 2008 @ 10:54 am
Right after House-Senate conferees announced that they had reached agreement on a new farm bill yesterday, the U.S. Secretary of Agriculture said that President Bush would veto it because it didn’t reform wasteful farm programs, continued to provide subsidies to rich farmers, and still used some budget machinations to hide the costs.
Indeed, the boondoggle bill deserves a White House rejection for its almost $300 billion of farm programs that will be paid for by taxpayers and consumers. Farm bills, however,…
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