Christie appears courageous while O’Malley is oblivious

I wouldn’t have expected New Jersey to take the lead on this, but under Chris Christie’s leadership they’re renouncing their membership in the Regional Greenhouse Gas Initiative – this according to Tim Wheeler at a Baltimore Sun blog. I hope this is the start of a trend, with Pennsylvania, New Hampshire, and Maine racing to see who’s next to pull out of an organization which is unecessarily increasing electric rates in the name of combatting so-called global warming.

It’s interesting as well how Wheeler couches the $162 million Maryland has “raised” (read: extorted out of utility companies and job creators) from the series of auctions held over the last couple years. In truth, our state has helped to create yet another vast wealth redistribution scheme, with dollars flowing from “rich” companies to poor home occupants who need help paying their bills, which are increasing thanks to the state’s mandate. These increases aren’t helping the utilities’ bottom lines.

Yet before I praise Governor Christie for his decision to withdraw, it’s clear that he only believes the organization is “a failure” because his state has passed laws which more directly address the issue. Unfortunately he’s still swilling from the green Kool-Aid, and those who believe he could be the savior of the Republican Party’s 2012 chances had better know where he stands on this issue – it looks pretty well left of center to me.

Certainly Maryland can claim a similar set of regulations in addition to the RGGI statutes, but Governor O’Malley still believes that combatting so-called manmade global warming is “a fight for our children’s future.” At the rate Martin’s driving jobs out of Maryland, our childrens’ future will be spent in states like Texas, Virginia, or Florida anyway.

Besides, any decrease in carbon emissions may well be traced to the economic slowdown rather than any impact RGGI has created. There was a reason cap-and-trade died in Congress last year, and it was because the issue was properly couched as a job-killer and wealth redistribution scheme designed to favor particular “green” businesses at the expense of more tradtional, proven energy sources like coal, oil, and natural gas.

Read more here.

A Few Simple Truths Leading Up To 2012

As we approach the 2012 elections, there are a few truisms that you need to understand about our current political climate.

-Obama will campaign on a platform of wealth envy because he knows the people of this country are too ignorant and lazy to understand they’re being manipulated.

-Creating wealth is greedy and people who have wealth got in by cheating or scamming the system. Therefore, stealing their wealth and giving it to those who did not work for it is justified.

-There are two types of ObamaMedia coverage: Defending Barack Obama and demonizing conservatives.

-To Democrats seeking re-election, facts about the fiscal crisis our country faces are about as useless as the Constitution.

-The unions WILL support Barack Obama and the Democrats. Big time.

-Any utterance in opposition to Obama or any Obama idea or proposal is racist.

-The average college student will support Obama because it is the “cool” thing to do.

-The vast majority of black voters will support Obama because he looks like them.

-If nothing happens with entitlement reform in 2011, you can bet your buns that it ain’t gonna happen in 2012, an election year.

-If the tea parties re-emerge in a big way, their efforts will be painted as “violent” or “hate-filled” or “raaaaacist.”

This certainly isn’t the end of this list. It will get longer. Much longer.

Comin’ this summer… $5 gas

The forecast for the summer driving season: Hit the road early. Not to beat the traffic, but to beat the higher gas prices expected in mid-July.

Goldman Sachs’ crystal ball is proclaiming that oil will soon soar to $135 a barrel, and likely have service stations jacking up fuel prices to $5 a gallon in New York just like the summer of 2008 that preceded the recession.

Indeed, analysts say Goldman and the other oil trading giant that also has the might to move prices, JPMorgan Chase, have already placed their energy bets for the summer. JPMorgan predicts oil hitting $130 a barrel in the coming weeks.
Thought for fuel: Oil prices already are sky high for the Memorial Day holiday, but gas is expected to go even higher later in the summer, banks believe.

Despite all the turmoil in the Middle East associated with the Arab Spring rioting, oil has fallen to the $100 level, closing out May with a stunning 12 percent drop.

But before the storm, the calm. There appears to be a backlash by some oil-pit analysts.

“Whoever would buy into these rising prices is just paying homage (to Wall Street firms) and helping the speculative positions,” said one oil trading source familiar with energy bets of Wall Street trading desks.

Gas prices, meanwhile, should benefit from the brief respite in oil prices.

“We should be seeing some big declines at the gas pumps after Memorial Day,” said energy analyst Peter Beutel of Cameron Hanover.

“Wholesale prices have been dropping, and that could cause some serious revisions downward at the pumps,” he said.

“The competition is fierce among the retailers, and whoever lowers his price first gets a big jump on everyone else and a lot of new business.”

Pump prices have dropped about 10 cents a gallon this week, while wholesale prices at the Nymex have steadily skidded 50 cents a gallon in the past two weeks.

Those declines came despite upward pressure on wholesale prices here in the past two days due to speculation that Mississippi River flooding could disrupt Gulf Coast refineries.

At the start of the Memorial Day holiday, the national average for gas was $3.80 a gallon.

Tom Kloza, an analyst at Oil Price Information Services, expects gas to fall to between $3.50 and $3.60 between now and the July 4 holiday.

Read more here.

More on Weinergate

A lewd photograph of a crotch sent from the Twitter account of U.S. Rep. Anthony Weiner is just “a distraction” perpetrated by a hacker, his spokesman said Sunday.

Dave Arnold told The Associated Press in an email that the tweet, directed at a woman, was “a distraction” from the married New York Democrat’s “important work representing his constituents.”

“Anthony’s accounts were obviously hacked,” Arnold said. “He doesn’t know the person named by the hacker, and we will be consulting on what steps to take next.”

The photo showed a man’s bulging underpants.

It first was reported Saturday by BigGovernment.com, a website run by conservative commentator Andrew Breitbart. The site said the photo was tweeted to a Seattle woman.

The photo was quickly deleted.

Weiner later joked about the account hacking on Twitter, asking whether his kitchen blender would be next to “attack” him.

Weiner represents New York’s 9th District, which covers parts of Queens and Brooklyn, where he was born and raised. He failed in a 2005 bid for the Democratic nomination for mayor of the city but still is widely considered a contender for the office.

He has worked on issues including public housing, homeland security and energy for his constituents.

Weinger, 46, is married to Huma Abedin, an aide to Secretary of State Hillary Clinton.

Read more here.

Tea Party movement in search of a leader?

Have the revolutionary Tea Party sentiments that unseated 25 percent of the Democrats in Congress in 2010 simply vanished with a whimper?

Supporters of the current administration would have us believe that this is the case. And at first glance, it seems they may have a point. If it is the case, then in all likelihood, President Obama is on his way to a second term.

The latest proof of the fizzling of the Tea Party is the special election just held in New York’s 26th District, in which a Democrat captured a congressional seat held by Republicans since 1970. Yes, the same seat held by legendary Republican tax cutter and reformer Jack Kemp.

The Republican proposal to reform Medicare was a key issue in the campaign, so Democrats are interpreting this as a generic Republican, and Tea Party, repudiation.

A Gallup poll of just a few weeks ago reported that 47 percent now have a negative view of the Tea Party, the highest negative reported since Gallup began tracking the movement.

And, along with this, President Obama’s approval ratings have now pushed again over 50 percent, 10 points higher than his unfavorable ratings.

Fox commentator and Tea Party icon Glenn Beck, who attracted hundreds of thousands to the National Mall in Washington last summer with his “Restoring Honor” rally, will soon be packing his bags and leaving Fox.

Is it all over?

Certainly not. But the Tea Party movement is in a different place today with new needs.

Republicans have a tough job. They must convey to the American people that we cannot continue our entitlement programs as they are and still remain a free country. This is what lies at the heart of Rep. Paul Ryan’s plan to change Medicare.

We either find ways to deliver the same services more efficiently by turning to ownership and markets, which is basically what Ryan is doing, or we resolve to not change, to continue as we are, and finance the massive deficits caused by entitlement spending with taxes.

Entitlements consumed less than 5 percent of our economy and took less than a quarter of tax revenue in 1970. Today they consume 10 percent of our economy and more than half our tax revenue. In 25 years, they will consume 20 percent of our economy and all of our tax revenue.

On the path we are on, by midcentury, government at all levels will be taking more than half of our economy. We will be a different nation.

Democrats certainly have a short-term advantage. It is much easier to make government grow than to reduce it. It is much easier to spend money than to conserve. It is much easier for politicians to give things to their constituents than to deny things or take them away.

Read more here.

A salute to the military

To say that the military is what makes America great could perhaps give other nations the wrong impression, but it is true all the same. This is not because Americans are a particularly militaristic people. Nor is it because other aspects of the national identity — our freedoms, our ingenuity, our faith and our entrepreneurship — are less important. Rather, it is because the right to practice all of these virtues has been purchased on battlefields, with the blood of those whom we commemorate on Memorial Day.

Our military rightly subordinates itself to the day-to-day prerequisites of civilian life. The very fact that Americans seldom encounter uniformed soldiers on the streets is itself a result of those soldiers’ enormous contribution. Thanks to the sacrifices of American soldiers, sailors, airmen and Marines, the rule of law and respect for our Constitution are firmly established. Thanks to the military, Americans do not live under martial law. Military coups and the civil instability that is commonplace in other parts of the world are not a concern in the United States. What’s more, the American military is a model for the world in that it is a loyally disinterested party in all domestic matters. It follows in the sacred tradition George Washington established when he surrendered his command to the Continental Congress in 1783, after the American Revolution.

That does not mean that the military’s fortunes are not intertwined with domestic politics. In his recent commencement speech at the University of Notre Dame, Defense Secretary Robert Gates noted that “a strong military cannot exist without a strong economy underpinning it. At some point fiscal insolvency at home translates into strategic insolvency abroad.” This underscores the need for the budget reforms we expect to see in the coming months. Current projections suggest that entitlement spending will, within decades, consume the entire federal budget. Without serious reforms — including reforms of and cuts to defense spending — the United States could eventually lack the means to maintain a strong military.

Read more here.

Weinergate

Weiners story:

“Hey, honey – I know that my Twitter account sent a photo of what may look like my hairless legs and possibly my junk to one of the woman who I follow on Twitter. And right, I follow less than 100 people. And yes, this woman who referred to me online as ‘her boyfriend’ and her friend said she has ‘a crush’ on me – and okay, she lives in Seattle and retweeted me saying what time in Seattle I’d be on the Rachael Maddow show. And yes, within 3 hours of me supposedly sending her the photo of my alleged junk I erased all my pictures from my YFrog account and sure, she deleted her Twitter and Facebook accounts.

But I have a simple explanation—I was hacked.

And no, I haven’t given any indication of having filed a police report of any kind about being hacked.

But I was hacked. Here’s some flowers. And a teddy bear.”

Would YOUR spouse buy that one?

Terrorist, Dying America is a Tremendous Opportunity For U.S. Revolution: Bernardine Dohrn

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