In an April 4 Newsweek guest editorial, Secretary of Energy Steven Chu also proved that — his Nobel Prize notwithstanding — common sense and rudimentary knowledge are lacking. First he did not offer one sentence on securing the 87 percent of energy supplies that the US needs other than to discuss “advanced biofuels.”
Not to be outdone in slogan-style exaggeration, Secretary of the Interior Ken Salazar chimed in…Salazar, the Wall Street Journal reported, “raised eyebrows when he said offshore wind farms could replace 3,000 coal-fired plants.” Never mind that the US only has 600 of them. He also claimed that offshore wind in the Atlantic could deliver 1,000 gigawatts of capacity – approximately equal to the entire electric generation capacity of the US…Salazar’s statement should raise a lot more than eyebrows.
Thanks to Robert Tracinski who waded through last night’s good and dribble to come up with the main points The Messiah and His Minions will do in destroying America:
• The government will take over lending directly.
• The government will take over lending indirectly.
• The government will vilify and punish bankers. – show of hands, who wants to graduate and go into banking today? thought so
• No one can know when all of this intervention is going to end or how much bigger it’s going to get.
• Obama will subsidize inefficient and unprofitable “renewable energy” projects.
• Obama will artificially increase the costs of all other forms of energy.
• He will seek socialized medicine. Oooh – question. Just how many trillions will this cost? on top of the porkulus and the Social Security Ponzi scheme?
• He’ll soak the rich.
Elections have consequences and we are getting an idea of just how expensive this last election will be for everyone.
“The multiplication of public offices, increase of expense beyond income, growth and entailment of a public debt, are indications soliciting the employment of the pruning knife.”
–Thomas Jefferson, letter to Spencer Roane, 9 March 1821
Even more important as we witness His Holiness The Most Prominent and Ever Satisfying Ego come to Colorado to sign away the next two generation’s money.
Very weird to see it from a British journalist. Everything you read from these guys – including the supposedly conservative papers – shows them even more in the tank for The Messiah than the US journos. And that, my friends, is really saying something.
However, this pretty much sums up the situation in just one clear sentence:
This will end in tears.
But we will let Mr. Warner expost, since he writes so well
The Obama hysteria is not merely embarrassing to witness, it is itself contributory to the scale of the disaster that is coming. What we are experiencing, in the deepening days of a global depression, is the desperate suspension of disbelief by people of intelligence – la trahison des clercs – in a pathetic effort to hypnotise themselves into the delusion that it will be all right on the night. It will not be all right.
It is frightening to think there is a real possibility that the entire world economy could go into complete meltdown and famine kill millions. Yet Western – and British – commentators are cocooned in a warm comfort zone of infatuation with America’s answer to Neil Kinnock. We should be long past applauding politicians of any hue: they got us into this mess. The best deserve a probationary opportunity to prove themselves, the worst should be in jail.
It is questionable whether the present political system can survive the coming crisis. Whatever the solution, teenage swooning sentimentality over a celebrity cult has no part in it. The most powerful nation on earth is confronting its worst economic crisis under the leadership of its most extremely liberal politician, who has virtually no experience of federal politics. That is not an opportunity but a catastrophe.
These are frank, even ungracious, words: they have the one merit that, unlike almost everything else written today about Obama, they will not require to be eaten in the future.