Saturday, April 26, 2008
Budget Talks Resume
Friday, April 25, 2008
Let Them Eat Ethanol
Mona Charen on Food Fight on National Review Online:
- Five people are dead in Port Au Prince, Haiti after a week of food riots.
- Unions in Burkina Faso have called a general strike to protest the high cost of grain.
- Food riots have rocked Egypt, Cameroon, Indonesia, Ethiopia, and other nations.
- In Manila, police with M-16s have supervised the sale and distribution of subsidized grain.
- Hoarders have been threatened with life imprisonment.
- In Thailand and Pakistan, troops are guarding fields and warehouses.
- In Egypt, the army has been called out to bake bread.
"In our search for cleaner energy we jumped aboard the “biofuels” bandwagon. This debacle should be an object lesson. Fighting global warming (if there is global warming) is a tricky business and can only be undertaken after careful review of the costs and benefits."
Red State Arizona: National and Pima County GOP funneling money (illegally?) to defeat conservative candidate in NM
Hungry Like The Ethanol Wolf
The federal government can do something right now to provide relief to Americans facing higher food prices: Repeal the ethanol mandate.
The diversion of one-third of the American corn crop into ethanol production is a direct result of the 2005 law that required gasoline makers to buy 7.5 billion gallons of ethanol — a mandate that the 2007 energy bill President Bush signed in December increases to 36 billion gallons by 2022.We realize that a repeal is highly unlikely, given that the machinery of government is currently calibrated to move in the opposite direction on biofuels, but as food prices keep going up, pro-ethanol politicians will find it increasingly difficult to justify their position. Food riots in developing countries are becoming more frequent. Wal-Mart’s Sam’s Club has started limiting sales of rice because immigrants are buying all the rice they can and sending it to relatives in countries suffering from food shortages. In the U.S., the Labor Department reported this month that the price of bread is up 14.7 percent from last year. Milk prices are up 13.3 percent.
More insight from the article in the National Review:
* Congress has created an artificial demand for ethanol to satisfy the farm lobby, which is one of the most powerful in Washington.
* John McCain somehow made it through the early primary gauntlet without going back on his long-held opposition to ethanol subsidies. To be sure, he took a lower profile on the issue and made some comments about how ethanol "makes sense" now that oil prices are so high, but when questioned about these pro-ethanol comments he reiterated his opposition to the federal government’s meddling in the market.
FOXNews.com - Mexican Embassy: Official Fired After Getting Caught With White House BlackBerries - Politics | Republican Party | Democratic Party | Political Spectrum
Thursday, April 24, 2008
Economic stimulus pushed by universities gets support
Economic stimulus pushed by universities gets support
"People will wonder how the state can be $1.9 billion in the hole next year and yet approve a plan for $1.4 billion in construction," said House Minority Leader Phil Lopes, D-Tucson.
www.windaction.org
From this website:
"It's also apparent the Federal government does NOT treat all renewables equally. Subsidies for wind far exceed those paid for Biomass, Geothermal, Hydro, and Landfill gas combined."
and
"Yet, given the unpredictable, intermittent nature of the fuel source, wind energy is the least able, of all renewables, to reliably supply generation during peak periods. Further, wind requires companion generation to address low or no winds conditions, and extensive, costly transmission upgrades to deliver power long distances to load centers."
Wednesday, April 23, 2008
FY09 Budget News
Debunking the "Tax Thee, But Not Me" Myth: Five Reasons Why Non-Smokers Should Oppose High Tobacco Taxes
While tobacco tax increases will assuredly come up as funding 'solutions' in the future, taxpayers – smokers and non-smokers alike – would be better served by extinguishing such a notion and instead focusing on cutting the size of government."
Tuesday, April 22, 2008
Virtual fence on Mexican border to be replaced
How the Government Spends Taxpayer's Money
Are you having a hard time paying your bills, making your mortgage payments, or putting your kids through college? You need to know how much of your hard-earned income the government is skimming off and diverting into handouts to immigrants and illegal aliens. You can read the depressing details in the new 70-page document called "The Economic and Fiscal Impact of Immigration" written by Edwin S. Rubenstein. A Manhattan Institute adjunct fellow with a mile-long scholarly resume, he has been doing financial analysis ever since he directed the studies of government waste for the prestigious Grace Commission of 1984.
The bottom line, which you need to know for your own bottom line, is that U.S. taxpayers are giving more than $9,000 a year in cash or benefits to each immigrant, a third of whom are illegal aliens. That's $36,000 for each immigrant household of four.
Since the U.S. has 37 million immigrants, legal and illegal, the national cost was more than $346 billion last year, which was twice our fiscal deficit. The cost of immigrants is so high because, as Rubenstein writes, "Immigrants are poorer, pay less tax and are more likely to receive public benefits than natives." Big Brother hasn't told you this bad news, perhaps because the government doesn't want you to know why your paychecks are shortchanged. Even the huge amnesty bill that was defeated last year didn't contain one word about its budgetary consequences.
The financial burden that immigrants impose on education starts with the 3.8 million K-to-12 students enrolled in more-expensive classes for the non-English-speaking. When we add up the costs of hiring specialized teachers, training regular teachers, student identification and assessment, and administration costs, the total amounts to an estimated $1,030 per pupil, or $3.9 billion. Of the 48.4 million pre-K through 12 public school children, 9.2 million or 19 percent are immigrants or the children of immigrants. In the next few years, immigration will account for virtually all the increase in public school spending.
Look at the $1.5 billion cost of incarcerating 267,000 criminal aliens in federal prisons. That's not the worst of it; prison capacity is limited, so 80,000 to 100,000 other criminal aliens have been prematurely released to prowl our streets. Criminals also impose heavy private costs on their victims. Rubenstein estimates the losses of income and property, hospital bills, and emotional suffering at $1.6 million per assault- or property-crime offender.
Rubenstein's report includes all sorts of costs that other observers conveniently ignore, such as the Earned Income Tax Credit. EITC gives an average cash payment of $1,700 per year to 1 in 4 immigrant households.
The emergency medical treatment given free to illegal aliens is another enormous cost, causing some hospitals and emergency rooms to close. Emergency means any complaint from hangovers to hangnails, gunshot wounds to AIDS.
Even after some restrictions were imposed in 1996, 24.2 percent of immigrant households receive Medicaid, whereas the figure for native-born Americans is 14.8 percent. Rubenstein calculates that Hispanics account for 19.2 percent of Medicaid enrollment, while they are 13.7 percent of the U.S. population.
The FHA has had a policy of increasing home ownership among low-income immigrants and therefore approved FHA mortgages on homes with a down payment of only $200 to $300 and marginal income. Since mortgagors have so little invested in the house, they can walk away from it when they can't meet the payments, and this has resulted in neighborhoods of abandoned, boarded-up housing.
Refugees are a large and growing fiscal burden because they become immediately eligible for generous taxpayer-paid benefits. Evidence shows they stay dependent on these programs and start chain-migrating relatives under the "family reunification" law.
The Interior Department spends millions of dollars to clean up the mountains of trash discarded by illegal aliens crossing into California, Arizona, New Mexico and Texas.
Some immigration advocates peddle the notion that immigration will solve the future financial burdens of Social Security. Rubenstein shows how foolish is this prediction because today's low-wage workers will surely become tomorrow's expensive retirees.
Another cost that few talk about is that immigrant workers depress the wages received by native-born Americans, and that causes a $100 billion shortfall in federal tax revenue. Harvard University Professor George Borjas found that each 10 percent increase in the U.S. labor force from immigration reduces wages of native-born Americans by 5.25 percent.
Some liberals are trying to tell us to fight a recession by bringing in more immigrants, but that would only raid the pockets of U.S. taxpayers to support more millions of non-taxpayers. It's hard to say which is more outrageous: the diversion of Americans' personal income into cash handouts to foreigners, or the federal government's policy of concealing the fiscal impact of immigration.
Choice & Education Across the States - by Michael Van Winkle - The Heartland Institute
I am proud to say that I have voted to support these "new and better ways" to educate children by supporting sound pro-voucher and scholarship legislation while in office!
Action Alert: Your Help Needed
FY 08 Budget Gimmicks
Who knew a “free” source of energy could be so expensive?
Arizona Beware! Tales from Texas tell of trouble! From the blog Planet Gore on National Review Online:
"Robust wind power expansion is expected, as Texas’ Senate Bill 20 (2005) mandated 5,880 MW of renewable energy by 2015 and set a 10,000-MW target for 2025. (There was a similar bill sponsored this year in Arizona.)
To this end, $700 million went into new wind Texas farms in January, thanks in part to government subsidies. In addition to generous federal assistance — namely a 2 cents/kWh production tax credit and five-year, double-declining balance accelerated depreciation for wind-generating equipment — the state of Texas entices wind developers with
- a franchise tax exemption to manufacturers, sellers, or installers of wind devices;
- a corporate deduction from the state’s franchise tax for renewable energy sources;
- and a 100-percent property tax exemption on the appraised value of an on-site wind power generating device.
But even with these federal and state subsidies, electricity from wind is more expensive per kilowatt-hour than that generated by fossil fuels."
Monday, April 21, 2008
Dream Tree Bed
Mark Steyn on God and Guns on National Review Online
"Indeed. Senator Obama’s remarks about poor dumb bitter rural losers “clinging to” guns and God certainly testify to the instinctive snobbery of a big segment of the political class. But we shouldn’t let it go by merely deploring coastal condescension toward the knuckledraggers. No, what Michelle Malkin calls Crackerquiddick (quite rightly — it’s more than just another dreary “-gate”) is not just snobbish nor even merely wrongheaded. It’s an attack on two of the critical advantages the U.S. holds over most of the rest of the western world. In the other G7 developed nations, nobody clings to God’n’guns. The guns got taken away, and the Europeans gave up on churchgoing once they embraced Big Government as the new religion."
Sunday, April 20, 2008
It Takes a Parent on National Review Online
Betsy Hart talks about.....
Divorce, in Dollars and Sense
Divorce doesn’t come cheap in America — and I’m not talking about lawyer fees. According to a new report, divorce in this country is costing taxpayers a whopping $112 billion a year. Of course, that number is not going to discourage folks who really want to split with their partners. But it might persuade our government to be a bit more pro-marriage. A worthwhile pursuit? Maggie Gallagher — columnist and author of The Case for Marriage — helps me add it all up. LISTEN
Cato Comments on High School Dropout Rates
Tuesday, April 1, 2008
Andrew Coulson, director, Center for Educational Freedom:
The idea that we can reduce the public school dropout rate simply by measuring it better is misguided. It's like believing that the North Koreans could improve their economy by more accurately measuring the number of people who are starving. As with the North Korean economy, the problem with U.S. public schooling is that it is a monopoly that takes choice away from families, takes professional autonomy away from educators, and takes normal economic incentives away from everyone. Until the monopoly is broken up, expect to see business as usual. And that means millions of kids starving for a real education.
Cato-at-liberty » Does Mandating Diabetes Coverage Lead to Moral Hazard?
Cato-at-liberty » Does Mandating Diabetes Coverage Lead to Moral Hazard?