Posts Tagged ‘wealth transfers’

Christopher C. Horner

Parsing Obama’s Green Central Planning

by Christopher C. Horner

obama

You may have missed President Obama’s euphemism for massive wealth transfers involved in his “green economy” — central planning rebranded — that he said last week he will seek to use the Gulf oil spill to impose. That euphemism was:

“When I was a candidate for this office, I laid out a set of principles that would move our country towards energy independence. Last year, the House of Representatives acted on these principles by passing a strong and comprehensive energy and climate bill –- a bill that finally makes clean energy the profitable kind of energy for America’s businesses.”

This is his fourth high-profile use of the phrase “finally make clean energy the profitable kind of energy”, most recently his State of the Union speech. I addressed this in Chapter 6, “Green Eggs and Scam: The Wholesale Fraud of ‘Green Jobs’” from Power Grab: How Obama’s Green Policies Will Steal Your Freedom and Bankrupt America:

That is the objective of various “green jobs” schemes: make everything else so expensive as to give life to the uneconomical. But that is incredibly economically harmful.

Also, note what President Obama said in his September 2009 UN “global warming” speech, a comment that should strike anyone who ever took an economics course or simply possessed the capacity for critical thought:

“Most importantly, the House of Representatives passed an energy and climate bill in June that would finally make clean energy the profitable kind of energy for American businesses and dramatically reduce greenhouse gas emissions.”

The key word there is that lawmakers passed a scheme to make inefficient projects “profitable”, not “cost-effective”. That’s corporate welfare. These mandates and subsidies would , however, add value to the investment portfolios of many leading lights among Obama’s allies, such as George Soros who, by chance, soon revealed plans to sink one billion dollars into “green jobs” schemes. Lo and behold, another of his investments, the Center for American Progress, furiously pushes “green jobs” schemes.

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SusanAnne Hiller

US Chamber of Commerce Calls Out EPA on Transparency

by SusanAnne Hiller

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The U.S. Chamber strongly supports efforts to reduce greenhouse gas emissions in the atmosphere, but we believe there’s a right way and a wrong way to achieve that goal.

The wrong way is through the EPA’s endangerment finding, which triggers Clean Air Act regulation. Because of the huge potential impact on jobs and local economies, this is an issue that requires careful analysis of all available data and options. Unfortunately, the agency failed to do that and instead overreached. The result is a flawed administrative finding that will lead to other poorly conceived regulations further downstream.

Today the Chamber is filing a formal petition indicating it will challenge EPA’s decision to trigger Clean Air Act regulation, based on lapses in EPA’s process in making that decision. The Chamber’s legal challenge will focus specifically on the inadequacies of the process that EPA followed in triggering Clean Air Act regulation, and not on scientific issues related to climate change or endangerment.

We continue to call for Congress to address climate change policy through the legislative process, rather than having EPA misapply environmental statutes like the Clean Air Act or Endangered Species Act that were not created to regulate greenhouse gas emissions. Emphasis mine.

In addition to ignoring its own internal rules and working outside the legislative branch, the EPA is acting on a 2007 Supreme Court Ruling, which, based on new developments in the Climategate scandal, should be revisited. The ruling states the EPA was found to have the authority to regulate emissions that contribute to global warming and climate change. In addition, the Court stated:

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Thomas Del Beccaro

Government Force or Market Forces? – What’s Better for the Job Market . . .

by Thomas Del Beccaro

By all accounts, future job growth is going to be sluggish at best and we can expect double digit unemployment at least through next year.  The Democrats’ response is a $300 billion jobs program.  Many Republicans would rather rely on the private sector to fuel the recovery and job growth.  So what’s better, Government Force or Market Forces?

shell-game

The use of the phrase Government Force is based on the nature of government programs.  The vast majority of the people would prefer to pay little or no taxes.  They are literally forced by government to pay those taxes.  As it relates to a jobs bill, the Democrats will tax one set of people or businesses (taxpayers) and/or borrow money (a delayed tax) and then transfer a portion of those collected/borrowed funds to other people or businesses.  In that manner, the Democrats believe they have created a job – or in today’s vernacular, saved a job.  But have they?

In the process of taxing some and transferring to others, the government force has taken money away from a business/taxpayer in California and perhaps given it to someone in Alabama.  That means the business in California cannot hire someone (or save a job) with the money transferred to Alabama – a type of zero sum game.  Actually, it is worse than a zero sum game because government always manages to waste money in the transfer and so Alabama is never helped so much as California is hurt.

Put another way, in an effort to fill Alabama’s bucket, the government forces the emptying of California’s bucket through tax and spend transfers.  Perhaps that is why Churchill famously said “We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.”

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Christopher C. Horner

Big, Green, Global Government

by Christopher C. Horner

One learns a new language upon first wading into the world of ,what’s favorably called by the Al Gores and Jacques Chiracs of the world, “global governance”. That term, used in all seriousness and intended as a compliment, means the web of international agreements (typically in the name of the environment), committing the prosperous world to agree to  do things it would never enact via its own democratic processes. New words such as “subsidiarity” and “additionality” are forged and tossed around like Mardi Gras beads at earnest negotiating sessions and in deathless texts. It’s Esperanto for the bossy jet-setters racked with guilt over your lifestyle.

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Another of my favorites is “capacity building”, which means wealth transfers to prepare a poor society to receive a larger wealth transfer in the future. You see, certain among those societies our green superiors are trying to hector into behaving in a certain way – which is all of them – are not yet able to deal with the financial windfall due them from the Kyoto Protocols of the world. These international agreements frankly are more about redistribution than anything else. For example, Kyoto is in no way about actually reducing “greenhouse gas emissions”, but instead it creates a Ponzi-like scheme of paying other countries to sell you pieces of paper saying that you reduced greenhouse gas emissions.

And a good thing, too, because those few countries who are covered by Kyoto have all – like the rest of the world – increased their actual emissions since agreeing to this “historic emissions reduction pact.” Still, as we approach the December deadline for agreeing to a successor, Kyoto will be nonetheless be hailed for its accomplishment. Maybe by this they mean the recent cooling.

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