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

Tuesday, January 24, 2012

From the Pages of "Atlas Shrugged"! Buffett's Burlington Northern RR Among Pipeline Cancellation Winners

It is as if Ayn Rand was sitting in on this Whitehouse crony meeting.
"From the first catch-phrases flung at a child to the last, it is like a series of shocks to freeze his motor, to undercut the power of his consciousness. 'Don't ask so many questions, children should be seen and not heard!'–'Who are you to think? It's so, because I say so!'–'Don't argue, obey!'–'Don't try to understand, believe!'–'Don't rebel, adjust!–'Don't stand out, belong!'–'Don't struggle, compromise!'–'Your heart is more important than your mind!'–'Who are you to know? Your parents know best!'–'Who are you to know? Society knows best!'–'Who are you to know? The bureaucrats know best!'–'Who are you to object? All values are relative!'–'Who are you to want to escape a thug's bullet? That's only a personal prejudice!'"

-Ayn Rand, Atlas Shrugged, Part 3, Ch. 6


Buffett's Burlington Northern Among Pipeline Winners | Full Page
This report was curiously missing from the Bloomberg site after initial posting.

Jan. 23 (Bloomberg) -- Warren Buffett's Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration's decision to reject TransCanada Corp.'s Keystone XL oil pipeline permit.

With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department.

"Whatever people bring to us, we're ready to haul," Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett's Omaha, Nebraska-based Berkshire Hathaway Inc., said in an interview. If Keystone XL "doesn't happen, we're here to haul."

The State Department denied TransCanada a permit on Jan. 18, saying there was not enough time to study the proposal by Feb. 21, a deadline Congress imposed on President Barack Obama. Calgary-based TransCanada has said it intends to re-apply with a route that avoids an environmentally sensitive region of Nebraska, something the Obama administration encouraged.

The rail option, though costlier, would lessen the environmental impact, such as a loss of wetlands and agricultural productivity, compared to the pipeline, according to the State Department analysis. Greenhouse gas emissions, however, would be worse. [Note: This last paragraph is all utter nonsense since the entire region is already crisscrossed with petroleum and related pipelines! m/r]


Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/01/23/bloomberg_articlesLY20WE6K50Z001-LY9YF.DTL&ao=all#ixzz1kPdmNk5f

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