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.

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.”

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.

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.”

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:

“In the last two years, under President Obama, the federal government has added 200,000 new federal jobs,” said [House Speaker John A. Boehner (R-Ohio)]. “If some of those jobs are lost, so be it. We’re broke.”

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. “Maybe ‘so be it’ for him, but not ‘so be it’ for people who are losing their jobs,” said House Minority Leader Nancy Pelosi, California Democrat. Senate Appropriations Committee Chairman Daniel K. Inouye, Hawaii Democrat, said Republicans’ cuts amounted to a “meat cleaver” approach.

Stardust images of comet locate crater from Deep Impact’s impact

More news from Stardust: scientists have now identified what they think is the crater produced by Deep Impact’s impact in 2005. Key quote:

The images revealed a 150-metre-wide crater at the Deep Impact collision point that was not present in 2005. The crater is a subtle feature in the images, but it appears consistently in multiple views from the spacecraft. “So I feel very confident that we did find the [impact] site,” said mission member Peter Schultz of Brown University in Providence, Rhode Island, at a press briefing on Tuesday. The crater’s features are “subdued” rather than sharply defined, like those of craters made in hard materials like rock. “The message is: This surface of the comet where we hit is very weak,” said Schultz. The crater also has a small mound in its middle, indicating that some of the material thrown up by the impact was drawn by the comet’s gravity back down into the crater, he said: “In a way, it partly buried itself.”

Healthcare Reform Law Requires New IRS Army Of 1,054

Repeal the damn bill! The IRS announced today that it will require over a thousand new agents and $359 million more money to implement Obamacare in 2012. Key quote:

The detailed IRS budget documents spell out exactly what most of the new workforce will be doing. For example, some 81 will be tasked just to handle the tax reporting of 25,000 tanning salons. They face a new 10 percent excise tax on indoor tanning services. Another 76 will be assigned to make sure businesses engaged in making and imported drugs pay their new fee which is expected to deliver $2.8 billion to the Treasury in 2012 and 2013. The new healthcare corps will also require new facilities and computers.

Researchers discover a new set of deep-sea volcanic vents in the south Pacific

Researchers have discovered a new set of deep-sea volcanic vents in the south Pacific, suggesting these vents are more common than previously believed. Key quote:

Using an underwater camera system, the researchers saw slender mineral spires about 10 feet tall, with hot water gushing from their peaks, and white mats of bacteria coating their sides. The vents are at a depth of 1,706 feet in a newly discovered seafloor crater close to the South Sandwich Islands, a remote group of islands about 310 miles southeast of South Georgia.

Pelosi says that GOP budget puts ‘women and children last’

The head squealer goes oink! Nancy Pelosi (D-California) said yesterday that the proposed GOP budget would put “women and children last.”

Meanwhile, her assistant squealer, Steny Hoyer, insisted that a government shutdown could only be the fault of the Republicans. According to Hoyer, the Democrats in the Senate are mere bystanders, having nothing to do with any of this at all.

What incompetent idiots.

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