Quotes

"Fascism and communism both promise "social welfare," "social justice," and "fairness" to justify authoritarian means and extensive arbitrary and discretionary governmental powers." - F. A. Hayek"

"Life is a Bungling process and in no way educational." in James M. Cain

Jean Giraudoux who first said, “Only the mediocre are always at their best.”

If you have ten thousand regulations, you destroy all respect for the law. Sir Winston Churchill

"summum ius summa iniuria" ("More laws, more injustice.") Cicero

As Christopher Hitchens once put it, “The essence of tyranny is not iron law; it is capricious law.”

"Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan

"Law is where you buy it." Raymond Chandler

"Why did God make so many damn fools and Democrats?" Clarence Day

"If I feel like feeding squirrels to the nuts, this is the place for it." - Cluny Brown

"Oh, pshaw! When yu' can't have what you choose, yu' just choose what you have." Owen Wister "The Virginian"

Oscar Wilde said about the death scene in Little Nell, you would have to have a heart of stone not to laugh.

Thomas More's definition of government as "a conspiracy of rich men procuring their own commodities under the name and title of a commonwealth.” ~ Winston S. Churchill, A History of the English Speaking Peoples

“Laws are like cobwebs, which may catch small flies, but let wasps and hornets break through.” ~ Jonathon Swift

Friday, December 31, 2010

Money to Money - Wind welfare and the Google Boondoggle in Maryland

Wind welfare and the Google Boondoggle in Maryland | Washington Examiner
By: Timothy P. Carney 12/30/10 1:34 PM
Senior Political Columnist

I would love clean, domestic, renewable power as much as the next guy, but if you need any evidence that our current alternative energy sources aren't up to snuff, just look at how much they get in terms of subsidies.

This week, at Beltway Confidential's sister blog, Examiner Opinion Zone, Maryland blogger Mark Newgent discusses a new boondoggle on the table in Annapolis:

The Pinsky-Hucker bill would support both renewable energy and an expansion of the wind-generated power industry in the state. Renewable energy proponents say that the only way developers can get financing for wind farms that can cost billions is through long-term contracts that guarantee a revenue stream.

Indeed, as renewable energy is more costly to generate and transmit versus fossil fuels, it is viable only through government subsidies and mandates.

Here’s where Google comes in. Back in October, Google and it’s partners announced with much fanfare a $5 billion project to transmit offshore wind power to the Mid-Atlantic region. Google has a 37.5percent stake in the project.

I highly recommend Newgent's entire post, and that you make it a habit in the New Year to visit Opinion Zone, where we have a great stable of voices bringing insight, analysis, reporting, and of course opinion, to all sorts of issues.
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