The Ethanol Tax Credit -- It's Worse Than You Think | Jerry Taylor and Harry de Gorter | Cato Institute: Commentary

The Ethanol Tax Credit -- It's Worse Than You Think | Jerry Taylor and Harry de Gorter | Cato Institute: Commentary: "The nonpartisan Congressional Budget Office (CBO) recently issued a report on how the corn-ethanol tax credit costs $1.78 to reduce one gallon of gasoline consumption and $754 to reduce one ton of greenhouse gases. The Wall Street Journal immediately noted that 'to put that [latter] number in perspective, the budget gnomes estimate that the price for a ton of carbon under the cap-and-tax program that the House passed last summer would be about $26 in 2019'.

While this study is being used by critics of the tax credit — which will cost about $30 billion over the next five years and is up for reauthorization this year — the CBO nonetheless severely underestimates the true costs of the ethanol tax credit in their calculations"

Cutting Is So Hard to Do - Grant M. N�lle - Mises Daily

Cutting Is So Hard to Do - Grant M. N�lle - Mises Daily: "It is the base of voters with the greatest amount of time, interest, or direct personal and financial stake (unions, pensioners, government employees, government contractors) who wield the greatest amount of voting clout in the political system.

In general, citizens, particularly those voters who tend to actively participate in the political process, want government spending directed toward their favorite programs, but are reluctant to pay for it. Typically they conveniently advocate policies to force someone else — be it 'greedy corporations,' small businesses, the wealthy, or future generations — to pay for what they want."

The Unemployment President | Jim Powell | Cato Institute: Commentary

The Unemployment President | Jim Powell | Cato Institute: Commentary: "FDR's programs that were supposed to help the middle class and the poor were mainly paid for by the middle class and the poor. This was because the biggest single source of federal revenue during the New Deal period were excise taxes on beer, cigarettes, chewing gum, soda and other cheap pleasures enjoyed mainly by the middle class and the poor. To hear one of FDR's famous 'Fireside Chats,' people had to pay an excise tax for a radio and an excise tax on the electricity needed to turn it on."

Feingold says he opposed policies that led to collapse | Hudson Star-Observer | Hudson, Wisconsin

Feingold says he opposed policies that led to collapse | Hudson Star-Observer | Hudson, Wisconsin: "he pointed out that he voted against the $700 billion Troubled Asset Relief Program signed into law by President George W. Bush in October 2008."
That is one thing for which I can thank him.

"Feingold asserted that he “didn’t vote for all of the deficit spending that occurred particularly during the Bush years.”" So he voted for some but not all -- that's not very convincing.

"He also highlighted his vote against the Medicare Part D prescription drug program, which he called “a huge gift to the pharmaceutical industry.”"
True!

“Huge new tax cuts for the wealthy will cause the (deficit reduction) bus to explode,”
Tax cuts can increase revenues -- that has been proved.

"Feingold also blasted Johnson, his presumed opponent in the general election, for opposing the development of high-speed rail service in Wisconsin."
The costs will reduce jobs more than the few jobs that thr train creates!

FOXNews.com - Man Who Cut Off Whale's Tail to Eat is Detained by Police in Florida

FOXNews.com - Man Who Cut Off Whale's Tail to Eat is Detained by Police in Florida: "Police detained Hogan, and another man, for questioning, explaining that mutilating a federally protected species is illegal, even if the animal is found dead."

What? Does the government think it is better to just let it rot?