Thursday, January 31, 2008

Global Economic Cooling?


There are socialists among us who wish to shackle capitalism, break the entrepreneurial spirit and replace normal free and efficient market action with governmental regulation and interference.

And one is running for President and comes with a sidekick.

Today, Bill Clinton pontificated on global warming and forecasted the dismal future we are destined for should his husband be elected President.

"Everybody knows that global warming is real, but we cannot solve it alone" said Clinton. “We just have to slow down our economy and cut back our greenhouse gas emissions 'cause we have to save the planet for our grandchildren."

Actually, we do not know that it is real. We have limited history to judge by (those thermometers in 1743 worked oh so well). If south Florida is going to be sunk in a decade as Nobel Peace Prize winner Al Gore boasted in his spoof of a movie, I will gladly purchase property along the Inter-coastal Waterway in Dade and Broward counties for dimes on the dollar. Just give me a call.


Supposing it is real, the last thing we want is for government regulation and taxation to try to attack the proposed problem with ideas that likely will be monetarily costly, will not work, will cause more problems and could potentially be environmentally harmful.

Slowing down our economy for a questionable ideology while pouring money at it is a slap in the face to the hard working, tax paying US citizens. Slowing down our economy is opposite of what should be done. It does represent a socialist line of thinking, where government curtails free market activity because it thinks it knows better.

Solutions are simple, as long as you are not saddled with an agenda. Increase nuclear energy for starters, drill for oil along our own coasts where other countries are, seek out alternative energy through the free market (potential investment opportunities on Wall and Broad here!) and continue to enforce already placed laws which curb us against unnecessary pollution.

I’ll fill my Chevrolet Trailblazer with UNOCAL 93 octane tomorrow!


1 comment:

Cap'm said...

Bill, great rant, I see you've been reading your GB book. I wanted to see if you'd had a chance to read this, U.S. Senate Report Debunks Polar Bear Extinction

Fearshttp://epw.senate.gov/public/index.cfm?FuseAction=Minority.Facts&ContentRecord_id=cb2faa9c-802a-23ad-4bcc-29bb94ceb993&Region_id=&Issue_id

A fun little read, showing just the few small minds that are in denial about our up coming demise.