Democrat Waxman believes that opposing Obama’s energy tax is equivalent to opposing America

Check out this Politico.com post. (H/T Hot Air)

Excerpt:

Rep. Henry Waxman (D-Calif.), who has had an eventful couple of weeks to say the least, believes House Republican opposition to climate change legislation and the stimulus indicates they’re cheering against the good ol’ US of A.

“It appears that the Republican Party leadership in the Congress has made a decision that they want to deny President Obama success, which means, in my mind, they are rooting against the country, as well,” the powerful House Energy and Commerce Committee chairman told WAMU radio host Diane Rehm on Tuesday morning, promoting his new book, “The Waxman Report.”

All the lies they spoke about that Christian fascist Bush was just so much projection, foreshadowing how they themselves would deal with “unpatriotic” dissent.

Al Gore and Goldman Sachs

In a related story, repeat college drop-out Al Gore (NOT A SCIENTIST) equated his war on global warming to the war against Nazism.(H/T Gateway Pundit)

Excerpt:

Al Gore today compared the battle against climate change with the struggle against the Nazis.

…Speaking in Oxford at the Smith School World Forum on Enterprise and the Environment, sponsored by The Times, Mr Gore said: “Winston Churchill aroused this nation in heroic fashion to save civilisation in World War II.”

And he has good reason to do so, given that his personal fortune has skyrocketed from $2 million to over $100 million. Oh, don’t let those tolerant Democrats fool you. If you oppose their greed and lust for power, then you’re worse than Satan. How dare you assert your rights to liberty and prosperity against the power of their oligarchy?

And he isn’t the only one who is ready to cash in. The employees of investment firm Goldman Sachs donated tons of money to Democrats, and they are positioned to strike it rich if cap-and-trade passes. Steve Milloy writes that “Goldman Sachs has spent millions of dollars lobbying for cap-and-trade legislation in anticipation of making billions of dollars at the expense taxpayers and consumers.”

The war on small business

Here is a Fox News article that describes how the cap-and-trade bill championed by Democrats like Waxman and Gore destroys small businesses. (H/T Gateway Pundit)

Excerpt:

David McArthur, vice president of the 52-year-old family operation, a Gateway City institution, is one of a growing number of business owners and taxpayers nationwide who are mobilizing against the so-called cap-and-trade bill, which would levy harsh fines on energy consumption that harms the environment.

McArthur told FOXNews.com that every aspect of his business relies on the forms of energy targeted by the American Clean Energy and Security Act, and that his congressman, Carnahan, was supporting “a direct tax increase on small business” by voting for it.

“We make (our product) with electricity, we bake it with gas, we refrigerate and freeze it with electricity and we distribute it with gas and oil,” said McArthur, who said he worries that high prices could cost his company up to $15,000 a year in an industry with a very tight margin for profit.

This is cause-and-effect, people. There is a reason why Cuba and North Korea are poor today – they voted in radical leftists just like Obama. This is the way the world actually works.

Obama’s energy tax ships jobs overseas

The Times Online reports that India and China decided against crippling their economies for the myth of global warming. (H/T Hot Air)

Excerpt:

As world leaders sat down for a working lunch at the start of a three day meeting of the G8, it emerged that negotiations had failed to reach agreement on halving greenhouse gas emissions by 2050.

Summit negotiators, who do the hard bargaining before the heads of state arrive to complete the agreements, failed to make progress on the issue in talks that continued late last night. China and India are understood to have blocked any mention of the target in the draft communiqué, insisting that the developed economies should promise to cut their own emissions sharply by 2020 before asking developing nations to commit to a long term target.

The breakdown in negotiations has undermined President Obama’s chances of producing a diplomatic coup when he chairs talks on climate change at a meeting of the 17-nation Major Economies Forum tomorrow.

Where do you think all our manufacturing jobs will go when it becomes expensive to manufacture goods here?

Meanwhile, WattsUpWithThat reports that Prince Edward Island in Canada is seeing the first frost ever in July.

Democrat Majority Leader Steny Hoyer says we may need another massive stimulus

Budget Deficit
Budget Deficit

The first two spending bills didn’t work, so we just need to keep trying harder to spend our way out of debt!

Check out this story from Reuters. (H/T Gateway Pundit)

Excerpt:

U.S. leaders should be open to the possibility of a second stimulus package to jolt the economy out of a recession still causing job losses, House of Representatives Majority Leader Steny Hoyer said on Tuesday.

…President Barack Obama led the charge for a two-year $787 billion stimulus package that his fellow Democrats who control Congress pushed through the House and Senate in February and he has argued it would help create or save up to 4 million jobs.

Create 4 million jobs? He’s lost 2.5 million jobs so far. Maybe he doesn’t know what the word create means?

foundry_recovery_plan_full

Michelle Malkin lists a few more of the Democrats in favor of more government spending.

Excerpt:

As you all have heard, Laura D’Andrea Tyson, the Clinton economic adviser now on Team Obama, has floated a second stimulus plan. Democrat Sen. Sheldon Whitehouse of Rhode Island has echoed the call. Other Democrats are open to it.

Only 10 percent of Porkulus One has been spent, misspent, or gone untracked, but who’s counting?

I’ve uploaded two documents for your perusal this morning: The first is a GAO report on stimulus spending by states and localities, which will be released this morning at a House oversight hearing.

You can read the whole thing here.

Bottom line: The funds are not being spent on what they’re supposed to be spent on. States made up their own criteria for spending. School and transportation bureaucrats preserved their own jobs instead of “stimulating” others.

The second document is a GOP memo dissecting the failures of Porkulus One.

You can read the whole thing here
.

Michelle lists a few of the key findings from the second document.

National Debt
National Debt

Why didn’t the massive Democrat spending spree work?

This is lesson one of Economics 101. When government spends money, the money comes out of the private sector. Government is not even close to allocating capital and producing wealth as efficiently as the free market system.

Ed Morrissey explains:

Here’s where we get into the “saved or created” dodge of the Obama administration.  The Porkulus money may have “saved” jobs, but they were government jobs, not the private sector.  Most government employees have union representation, primarily by the SEIU.  The only jobs Porkulus may have saved were those of bureaucrats in state government, and mostly to make sure the unions stay on the side of the Democrats.

None of that money went into promoting growth in the private sector, which is why unemployment skyrocketed.  Capital stayed out of the market, in part because of fears of confiscatory tax increases and in part because of the amount of regulation threatened by the Obama administration, and what capital was left will get eaten up by the cost of Porkulus eventually.  And the GAO says it will take months just to get effective reporting on how that money gets spent, regardless of where it goes.

Obama’s support is now virtually 50-50 according to Rasmussen Reports.But he won’t care, because he’s the Obamessiah! As long as the left-wing fascists and terrorists love him, who cares what economically-literate peons like us think?

Turkish TV show offers prizes for convincing atheists to convert

I would be very happy if everyone could comment on the following story from CNN.

Excerpt:

A Turkish television show is offering contestants what it claims is the “biggest prize ever” — the chance for atheists to convert to one of the world’s major religions.

The show, called “Tovbekarlar Yarisiyor,” or “Penitents Compete,” features a Muslim imam, a Catholic priest, a Jewish rabbi and a Buddhist monk attempting to persuade 10 atheists of the merits of their religion, according to CNN Turk.

…Ahmet Ozdemir, deputy director of Turkish channel Kanal T, which will air the show from September, said the program aimed to “turn disbelievers on to God.”

“People are free to believe anything they want. Our program does not have a say,” he said, according to Turkish newspaper Hurriyet.

But the Muslims don’t approve:

But the show has been condemned by Turkish religious leaders. The head of the country’s supreme council of religious affairs, Hamza Aktan, told CNN Turk that it was “disrespectful” to place different faiths in competition with each other and accused Kanal T of using religion to boost ratings.

Wow, the Muslim theologian doesn’t like to debate! I wonder why?

My take is that this is a very positive thing, and we need a lot more of it.