Why more railroad subsidies make no sense

Why high-speed rail makes no sense. Key quote:

High-speed rail would transform Amtrak’s small drain [on the government] into a much larger drain. Once built, high-speed rail systems would face a dilemma. To recoup initial capital costs — construction and train purchases — ticket prices would have to be set so high that few people would choose rail. But lower prices, even with favorable passenger loads, might not cover costs. Government would be stuck with huge subsidies. Even without recovering capital costs, high-speed rail systems would probably run in the red. Most mass-transit systems, despite high ridership, routinely have deficits.

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The great wind scam

The great wind scam. Key quote:

“With demand for power at record levels because of the freezing weather, there have been days when the contribution of our forests of wind turbines has been precisely nothing,” wrote Richard Littlejohn in the Daily Mail Dec. 27. “It gets better,” Mr. Littlejohn continued. “As the temperature has plummeted, the turbines have had to be heated to prevent them from seizing up. Consequently, they have been consuming more electricity than they generate.”

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White House Ignores Interest Payments in Claiming to Control Debt

This is beyond belief: The White House has decided to make believe the interest payments required to pay back the federal debt do not exist in their claim that their budget is reducing that debt. Key quote from Senate hearings yesterday:

To justify the administration claim, [White House Budget Director Jack] Lew said the administration was merely referring to “primary balance” — or federal spending minus interest payments. Lew sought to forgive the public for their confusion. “The terminology that we use in Washington of primary balance is a little confusing,” Lew said.

“It’s because I believe it’s dishonest,” [Senator John] Ensign (R-Nevada) shot back.

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Study predicts one meter sea level rise by 2010

Wanna bet? A new study predicts the sea will rise by one meter by 2100.

How they come up with this number is a mystery to me, as every study I have read, including every IPCC report, says the sea has been rising about 1 to 2 millimeters per year for the last few centuries. At this rate, it will take between five hundred and a thousand years to get a rise of one meter.

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Liberal journalist trashes raped CBS reporter because he doesn’t like her politics

Another liberal shows how he tones down the rhetoric: NYU fellow and leftwing journalist Nir Rosen appears to justify the rape of CBS reporter Lara Logan because he doesn’t like her politics. Key quotes:

  • “At this moment when she is going to become a martyr and glorified, we should at least remember her role as a major war monger.”
  • “Lara Logan had to outdo Anderson (Cooper)…but it would have been funny if it happened to Anderson, too.”
  • Rosen went on the say that he even doubted she was assaulted saying she “was probably groped like thousands of other women.”
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GOP bill zeroes out programs, puts curbs on Obama initiatives

Another look at the GOP budget cuts: Republican proposal will zero out programs and puts serious limits on many Obama initiatives. Key quote:

โ€œIn the last two years, under President Obama, the federal government has added 200,000 new federal jobs,โ€ said [House Speaker John A. Boehner (R-Ohio)]. โ€œIf some of those jobs are lost, so be it. Weโ€™re broke.โ€

Not surprisingly, Democrats are squealing.

Democrats challenged the 200,000 job number and said he showed a callous attitude toward those who would be out of work. โ€œMaybe โ€˜so be itโ€™ for him, but not โ€˜so be itโ€™ for people who are losing their jobs,โ€ said House Minority Leader Nancy Pelosi, California Democrat. Senate Appropriations Committee Chairman Daniel K. Inouye, Hawaii Democrat, said Republicansโ€™ cuts amounted to a โ€œmeat cleaverโ€ approach.

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