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, March 13, 2012

How can you tell he's lying? Debunking Obama’s Energy Policy Lies

An old joke, but this is no joke for us!

Debunking Obama’s Energy Policy Lies | FrontPage Magazine
 By Rich Trzupek On March 13, 2012

As U.S. gas prices steadily rise to alarming levels, Republican presidential hopefuls have pointed to the Obama administration’s dysfunctional energy policies as a significant influence in the distressing trend. It’s an issue that endangers the president’s re-election prospects and Team Obama is now in full defensive mode, simultaneously claiming that it is “all in” with respect to energy sources of all sorts, while it says that it has also made important inroads toward increasing domestic oil production and reducing dependence of foreign oil.
In order to support these claims, the administration turned to the tactic that has become a staple among global warming alarmists: pick a couple of convenient data points that support your position, claim they are representative of an overall trend and let the ever-gullible, technologically ignorant mainstream media regurgitate the message. For example, Obama has tried to mollify critics by saying that domestic production of crude oil is up to the highest levels that we’ve seen over the past eight years. While that is technically true, it’s a meaningless factoid, for the president doesn’t seem to understand – or refuses to acknowledge – that market forces have raised the value of crude oil enough that domestic production has marginally increased over the already pitiful rates of 2004.
The fact is that United States’ domestic crude oil production topped out at about 3.5 billion barrels per year in the 1970s, according to Department of Energy statistics (see graph below). Since then domestic production has steadily declined, as both Congress and presidential administrations of both parties have sacrificed energy independence in favor of appeasing environmental radicals. By 2004 – the year that the administration cites as the benchmark – domestic production had dropped more than forty percent, to about 2 billion barrels per year. Since then, domestic production has basically leveled out in the 1.8 billion to 2 billion barrel per year range, nowhere close to what we could actually produce if somebody in power had the wisdom and courage to tell leftist environmentalists to find something else to complain about. So yes, 2012 domestic production is creeping a bit higher than the already pitiful 2004 figures, simply because oil prices are high enough to bring more marginal wells back into production, but the Obama administration had nothing to do with that dubious achievement.

The president also attempted to dabble in the unfamiliar realm of free market economics, asserting that the only way to reduce gasoline prices was to reduce demand and thus the United States must consume less petroleum products.
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