Saturday, February 18, 2012

Fracking Doesn't Harm Drinking Water, Study Says. - Hit & Run : Reason Magazine

Once again, the devil is in the details.

 

Fracking Doesn't Harm Drinking Water, Study Says.

Ronald Bailey | February 17, 2012

Frack away.Citizens who are concerned that fracking -- pumping a mixture of water, sand, and small amounts of chemicals into deep wells to break open natural gas and oil supplies -- should be happy with the findings of a new study just released at the American Association for the Advancement of Science conference today. As ScienceNowreports:

Wednesday, February 15, 2012

Top 1 Percent Pay 37 Percent of Income Taxes - Hit & Run : Reason Magazine

Just a reminder of who actually pay’s taxes.

Top 1 Percent Pay 37 Percent of Income Taxes

Tax cheat Tim Geithner, the only member of the Obama economic brain trust who has not yet been fired, testified to the Senate Finance Committee today in favor of the president’s proposed trillion-dollar-deficit budget.

Geithner, a Dartmouth man esteemed more for his tennis skills than for his understanding of markets or business, peddled much Keynesian voodoo before a nation whose economy he helped destroy while employed by the Federal Reserve Bank and then the Department of the Treasury. To get a sense of the mixed metaphors and confused logic that characterized the treasury secretary's testimony, ponder the Reuters headline “Geithner: Year-end fiscal cliff to hit U.S. growth,” and tremble to reflect that this word salad accurately describes Geithner's comments

Saturday, February 04, 2012

Obama’s Jobs Gains Piddly Compared With Millions Of Jobs That Never Materialized - Investors.com

The devil is always in the details

 

Obama’s Jobs Gains Piddly Compared With Millions Of Jobs That Never Materialized - Investors.com

Posted 02/03/2012 07:02 PM ET

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Jobs: Of course it's good news that 243,000 new jobs were created in January, shaving the unemployment rate to 8.3%. But thanks to massive policy errors by the White House, we're still way below where we should be.