Fracking Doesn't Harm Drinking Water, Study Says.
Ronald Bailey | February 17, 2012
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:
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
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
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.
Met Office releases new figures which show no warming in 15 years
By David Rose
Last updated at 5:38 AM on 29th January 2012
The supposed ‘consensus’ on man-made global warming is facing an inconvenient challenge after the release of new temperature data showing the planet has not warmed for the past 15 years.
The figures suggest that we could even be heading for a mini ice age to rival the 70-year temperature drop that saw frost fairs held on the Thames in the 17th Century.
Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)
Posted on July 15, 2010 by steveblank
If you take funding from a venture capital firm or angel investor and want to build a large, enduring company (rather than sell it to the highest bidder), this isn’t the decade to do it. The collapse of the IPO market and dysfunctional math in the venture capital community has stacked the odds against you.
Thirty-three Year Temperature Update - Well Below Computer Model Predictions
Ronald Bailey | December 16, 2011
Every month climatologists John Christy and Roy Spencer report the latest data from satellite measurements of global average temperatures. This month marks the 33rd anniversary of their data set. On the occasion, the researchers release a longer analysis of global temperature trends which is quoted below and is well worth reading:
Maddow About the Damned Dam? - Arthur Herman - National Review Online
Those little things like facts always seem to get in libs way.
Maddow About the Damned Dam?
Big projects are best built by big business, not Washington.
Hoover Dam has become something of a liberal icon these days. President Obama points to it as an example of the sort of federally funded projects that once “unleashed all the potential in this country” — potential that his next round of stimulus will unleash again. MSNBC commentator Rachel Maddow has pointed to the 726-foot-high, 660-foot-wide dam as proof that some projects are just too big for private enterprise. “You can’t be the guy that built this,” she tells the TV screen. Only government can, is the implication.
Amen!!!
Shelby Steele: Obama and the Burden of Exceptionalism - WSJ.com
Post-'60s liberals, with the president as their standard bearer, seek to make a virtue of decline.
If I've heard it once, I've heard it a hundred times: President Obama is destroying the country. Some say this destructiveness is intended; most say it is inadvertent, an outgrowth of inexperience, ideological wrong-headedness and an oddly undefined character. Indeed, on the matter of Mr. Obama's character, today's left now sounds like the right of three years ago. They have begun to see through the man and are surprised at how little is there.
Once again, the devil is always in the details.
US Inflation Rate: Inflation Using Volcker-Era Methodology Nearing 10% - CNBC
Published: Tuesday, 12 Apr 2011 | 5:18 PM ET
After former Federal Reserve Chairman Paul Volcker was appointed in 1979, the consumer price index surged into the double digits, causing the now revered Fed Chief to double the benchmark interest rate in order to break the back of inflation. Using the methodology in place at that time puts the CPI back near those levels.
Inflation, using the reporting methodologies in place before 1980, hit an annual rate of 9.6 percent in February, according to the Shadow Government Statistics newsletter.
For the Democrats of Wisconsin, “This is what Democracy looks like!!!”
20 Days of Left-Wing Thuggery in Wisconsin: When Will Obama, Democrats, and MSM Call for Civility?
by John NolteBelow, you’ll find a compilation of 20 days worth of the death threats, vandalism, and intimidation practiced by pro-union thugs opposed to Wisconsin Governor Scott Walker’s budget repair bill. Wisconsin is my home state.
Dayton's News Source :: Top Stories - Civil Service Board Announces Police Recruit Scores
DAYTON -- The Dayton Police Department is lowering its testing standards for recruits.
It's a move required by the U.S. Department of Justice after it says not enough African-Americans passed the exam.
Dayton is in desperate need of officers to replace dozens of retirees. The hiring process was postponed for months because the D.O.J. rejected the original scores provided by the Dayton Civil Service Board, which administers the test.
Under the previous requirements, candidates had to get a 66% on part one of the exam and a 72% on part two.
The D.O.J. approved new scoring policy only requires potential police officers to get a 58% and a 63%. That's the equivalent of an ‘F’ and a ‘D’
Pimco’s Gross Eliminates Government Debt From Total Return Fund - Bloomberg
By Susanne Walker - Mar 9, 2011 1:09 PM CT
Pacific Investment Management Co.'s Bill Gross. Photographer: Andrew Harrer/Bloomberg
Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., eliminated government-related debt from his flagship fund last month as the U.S. projected record budget deficits.
iowahawk: Longhorns 17, Badgers 1
Please pardon this brief departure from my normal folderol, but every so often a member of the chattering class issues a nugget of stupidity so egregious that no amount of mockery will suffice. Particularly when the issuer of said stupidity holds a Nobel Prize.
As The Saudi Tanks Roll To Bahrain | RedState
Sadly, President Obama, is worse than evil. He suffers from the Peter Principal and Peter Pan Syndrome in vicious synonymy. He has neither the professional experience in national policy, nor the intellectual honesty to deal in fairness with adverse facts. Data that contraindicates his ideological fantasies that command and control economics can work simply doesn’t exist in his magical world. In Obamaland, political oratory marks the very day on which the levels of the oceans begin to recede.
Why is this just news now?? This was talked about quite a bit in early October 2008. It had to do with a targeted run on “money markets” and then was simply squelched. It always seemed like the Bush administration knew more but thought it was too risky to tell the common folk.
A few links:
””Money Market Run” – 9/17/2008
”Run Ends on Money Market Funds” – 9/29/2008
”How the World Almost Came to an End on 9/18/2008” – 2/8/2009
There are more, but this was no surprise to the old or new administration.
Financial terrorism suspected in 2008 economic crash - Washington Times
Pentagon study sees element
By Bill Gertz
-
The Washington Times
8:54 p.m., Monday, February 28, 2011
Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.
Democrats have had a real fondness for hammering Bush on the deficit. It’s getting harder, especially since the Obama administration will have added 4.5 TRILLION to it by the end of FY2011. However, Bush actively tried to trim back expectations of what a government can do and to present realistic arguments on the future of Social Security in particular. I have been looking for this particular piece of video for a bit. Notice the reaction of the Democrats to his chastising them for their defeat of his proposed Social Security reforms. Yet today, his words ring true as the “trust fund” is in deficit and all Social Security spending is via direct tax collection and borrowing, a mere 5-years into the baby boom bubble.
Wind Energy, Renewable Energy [Michigan Capitol Confidential]
By Jack McHugh | Feb. 9, 2011
A recent article in Slate by Robert Bryce describes how Texas has more wind generator capacity than any other state — around 9,700 megawatts. But last August, when state electricity demand set a one-day record of 63,494 megawatts, all those windmills contributed just 500 megawatts, or about 5 percent of their rated capacity.
Mexico's Gun Supply and the 90 Percent Myth | STRATFOR
February 10, 2011 | 0951 GMT
By Scott Stewart
For several years now, STRATFOR has been closely watching developments in Mexico that relate to what we consider the three wars being waged there. Those three wars are the war between the various drug cartels, the war between the government and the cartels, and the war being waged against citizens and businesses by criminals.
