Obama has dumped $70 BILLION into subsidizing “green energy”. Now the Navy just signed a contract to purchase 450,000 gallons of “biofuel”. It paid $26/gallon for the biofuel, as opposed to the around $4/gallon it typically pays for jet fuel.
If your stomach is strong you should read an article in the Wall Street Journal about the incredible stupidity exhibited by those in government. Government has stuffed billions into the pockets of biofuel producers/researchers. Congress mandated that oil companies buy and blend cellulosic ethanol with conventional fuel; 100 million barrels by 2010, 250 million in 2011, 500 million in 2012 and 10.5 BILLION by the end of the decade. In 2010 the EPA basically fined oil companies $10 million for not buying enough biofuels. The problem is that there is none available to be purchased. Even with the massive subsidies no one can produce the stuff!
Some thoughts:
15% of Americans are not receiving food stamps. – How about sending 15 million illegal aliens home and letting the healthy food stamp people, and there are a lot of them, go to work? http://dailycaller.com/2011/11/21/unemployment-drops-as-alabamas-immigration-reform-enacted/ It appears that getting tough on illegals does reduce unemployment, but of course Obama is suing the State of Alabama and doing everything he can to keep the illegals in the US. The more people he has on welfare/unemployment the more votes he gets.
Do you still remember that Obama promised to keep unemployment below 8% if we let him borrow a trillion dollars to “stimulate” the economy? When Obama took office the national debt was $10.6 trillion, it is now $15 trillion. The unemployment rate is currently 8.6%, I think it was 7.4% when he took office.
In a recent column Starr Parker made an interesting comment, “Ours is no longer, in our president’s take on things, the land of the free and the home of the brave. American now is the land of the envious and the home of the victim.” Ms. Parker believes, and I agree, that no government will ever be large enough, or controlling enough, for Obama. To get an idea of government growth she stated, “in 1910 the federal government was extracting less than five cents from every dollar produced by the American economy. It was not until the 1930’s, except during World War I, that this doubled to 10 cents of every dollar. After World War II this doubled again, to 20 cents. Now, after three years under Obama’s vision, the federal government takes 25 cents of every dollar produced by the American economy. If we throw in the costs of state and local governments, barely 50 cents of each dollar of our economic output remains in the private economy.”
When the government steals half your money why be afraid of big business?Here in Texas, as in some other states, because of population changes new voting district maps have been drawn up by State legislatures. Of course the party in power does get to be the “big dog” and no doubt the maps favor them to a degree. The Democrats didn’t like the Texas maps so they went to federal court to whine, bitch and moan. Federal judges stepped in and drew a set of maps that Republicans claim favor the Democrats (certainly nothing new about activist federal judges making up things to be the way they want them and to hell with minor inconveniences like our Constitution). The Supreme Court has now blocked the maps drawn by the federal judges. Texas primaries are scheduled for March 6 and no one who is planning on running for office knows what district he/she might be in once the maps are finally drawn and approved.
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