G8: You had me at "growing pessimism"
If there is one message that will be remembered from the meeting - apart from growing pessimism about a global agreement on climate change - it is that emerging nations are no longer happy to leave management of the world's economy to the financially stressed West.Too early to unwind stimulus: Obama
Declaring the summit a success, Mr. Obama said, “We can either shape our future or let events shape it for us.”Instapundit » Blog Archive
While he called the measures on climate change “groundbreaking,” he acknowledged that “we did not reach agreement on every issue.”
A GROWING DISCONNECT? Frank Wilson looks at the surging popularity of Ayn Rand and Friedrich Hayek. “There is a growing disconnect between the country’s political class and its citizens. It was manifestly on display last month when the House approved the Waxman-Markey cap-and-trade bill, which in its final form was longer than Atlas Shrugged and which none of the members voting on it had read. That the free citizens of a free country would be served so cavalierly by their elected representatives is the sort of thing any good novelist would hesitate to invent, for fear it would seem too implausible.”Obama's Russian (energy) roulette - Pittsburgh Tribune-Review
In the name of combating "global warming," Washington is force-feeding Americans a low-energy diet of renewable fuels, including notoriously unreliable and inefficient wind and solar power. In doing so, it will create a severe energy shortage to the detriment of our prosperity and national security.
The United States is the only major world power that refuses to develop its own energy resources. In so doing, it is playing Russian roulette solitaire-style. Sooner or later, it will prove fatal.
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