A new study out today is more pessimistic about our overall fiscal situation. With new numbers out today Republicans feel more confident in attacking this bloated budget. The President speaks of going “line by line” through this budget knowing full well that he lacks that crucial tool all governors have of the Line Item Veto. Now Congress wants to ban all bail-out bonuses. Clearly we all feel the need to so “Something”. The House as we said passed a law saying that the AIG bonuses would be taxed at ninety percent of that income accrued. Apparently the senate is going to delay this house bill that was passed, and the buzz is that even the President will let the bill slowly die. But there is a question whether such retro-active and overly specific acts of congress are even Constitutional. Now we hear that these new punitive laws will “discourage private investors” who might possibly bail us out of this economic mess. Of course the President can’t even make a joke about his 129 bowling score on the Tonight Show without the Special Olympics people being mad at him. I don’t know if President Obama has the sheer balls to take on the corrupt higher corporate structure in this country the way that Franklin Roosevelt did. People talk about conserving “Energy” but people tell us that Thrift in hard times such as these is not always the best remedy. Just how many “counter intuitive” measures can the
What we need is a new Reactionary political party I’d like to call the Thirty Plus party. As a sort of guimic I’d like initially to restrict membership in this party to those who are over thirty. The hook is that I’d like to go back to what Thom Hartman and other lefties refer to as that golden age of Jimmy Carter, when this country was concerned about energy. Just to refresh your memory as to what I was doing thirty years ago, I was having dental work done, having a crown put in. I had just finished up my novel I called “For What It’s Worth” about the world coming to an end as we know it in November of 1973. I have a lot of interesting religious Cult stuff in there, too. I sent the thing off to a Publisher keeping photocopies for myself. It was rejected. And I lacked the intestinal fortitude necessary to make the improvements the Publisher had suggested. Also at just about this time I took an occupational aptitude test at the local CETA office. Most of the task were office duty related. The one area I didn’t totally suck at was an exercise putting various sized bolts on various sized nuts. That’s one test I did half way decent on. But in reality even then Jimmy Carter was in trouble and there were even then rumblings of discontent in
I was just watching that Energy meeting in C-Span and they were talking about the Carbon tax and trading carbon credits making it economically viable to be green because it makes being “ecological” as just another economic commodity as something you can buy and sell like Indulgences were by the Catholic Church in the Middle Ages. One sees the appeal of making forces of the free market work for energy conservation rather than against it. But first in my opinion we have to insure that were are truly out of the economic crisis we are in. Otherwise anything we contemplate won’t be worth a dime. Jimmy Carter saw energy conservation as “doable” rather than as the pure burden and nothing more, that Rush Limbaugh sees it as. We considering it oppressive now but the more people hear about “carbon footprints” the more conscious and self-conscious about it they will be, just as smokers are now about their habit. A utilitarian would say it’s a good then when people who engage in undesirable behavior are defensive about justifying their own activities. But it’s not all bleak. There are the plusses of new energy we don’t even think about. Take harnessing the ocean tides to generate electricity. This is truly a case of a gravity operated turbine. I speak of lunar gravity now, pulling the tides to and fro, first in and then out. Of course if you live in
But also there is this thing called “clean coal” and Carbon Sequestration. You know what I think of when I hear the word “Sequestration”, I think of this one
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