RWNJ Conservative Views from Cincinnati

Let me preface this by saying that I don’t buy into AGW theory, but I know some of my readers do and may find this interesting…

AFP has an article stating that biofuels are actually increasing the rate of CO2 emissions.  According to the article, a good portion of the land used to grow crops used for biofuels are newly cut rainforests or disturbed forests.  The stored CO2 that is released by the cutting of these forests will take 40 to 120 years to break even in a high-yield crop (such as sugar).  Worse yet, a low-yield crop (such as corn or soybeans) will require 300 to 1500 years to break even.

Throw in that biofuels raise food prices as well as the negative energy return of using them, and you have to question using crop-based biofuels if your movitvation is to reduce CO2.

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Posted under Climate

Hats off to “The Deep Insight“, where I came across this spoof video.

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Posted under Misc

I know, don’t rely on anything a politician says…  Just a reminder that Obama promised 5 days between the time a bill hit his desk and the time any of them would be signed.  Though in this case that means he wouldn’t sign the “stimulus” bill until late Wednesday, last I heard it will be signed on Tuesday.

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Posted under Misc

Bradley Schiller has stated in a Wall Street Journal opinion article today that Obama has turned his fearmongering into an art form.  He has continually compared the current econonmic situation to the Great Depression.  He has repeatedly said that action must be taken immediately or the economy may be unable to recover (yet he mysteriously is letting the bill sit on his desk until Tuesday…  go figure).  Honestly, he is invoking fear just as well as Bush did with Iraq.

While the economic situation is not rosy, it is far from The Great Depression but more like the Carter-era recession.  Schiller points out that last year we shed 2.2% of the work force.  1981-1982 job force losses were also 2.2%.  The Great Depression saw us lose 4.8% in 1930, 6.5% in 1931, and 7.1% in 1932.  Our current job losses aren’t even in the ballpark.  Current unemployment is 7.6%.  The peak in the Carter-era depression was 10.8%.  The peak during The Great Depression was 25.2%.

If you stick some evidence alongside the fearmongering, Obama seems to be stretching the evidence far futher than Bush ever did.  Is this a trend Obama will continue?  It certainly will have a negative effect on the economy as consumers aren’t likely to have their confidence boosted by these heavyhanded fear tactics from our President.

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Posted under Economy

Rep Boehner (R-OH) said clearly what needed to be said.  The fact that the Democrats backed out of a promise to leave for the public to review the bill was bad enough… but consider the fact that not a single member of the House had a chance to read the bill and yet voted on it.  Yes, they voted for a bill that, when interest is added in, will cost the country $1 Trillion… Absolute obsurdity!  By the way, check out the size of this bill when it is printed out.

Boehner also pointed out (not in video) that this bill will cost every American family approximately $10,000.  The Government seems determined to find out if the way to get out of debt is to go further into it.

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Posted under Economy