News for 06/29/2009

Posted on June 29, 2009. Filed under: General Info, Soapbox | Tags: , , , , , , |

UN Conference on the World Financial and Economic Crisis
http://content.undp.org/go/newsroom/2009/june/helen-clark-un-conference-on-the-world-financial-and-economic-crisis.en
This is a follow up to the weekend news of the impending Global Tax perpetuated by the UN on us. The conference was last week. Above is the speach given by the UN Administrator of Development Program. Basically it says they need the money to continue it’s works in Africa and other areas around the world and that the global economic crisis is no excuse for not continuing with the plan. The conference adopts the finalized 16-page document. It reminds the industrialized countries of their promise at the G20 summit in London to pour more than a trillion dollars to stimulate world economy. The move also calls for a greater share of the global stimulus fund for developing countries. Furthermore, it requires an overhaul of international  financial institutions, as well as more influence of the United Nations in future negotiations. Immediately after the signing and  adoption of the program, the U.S. signified its concerns. The country asserts that the reform of financial institutions could only  be made by respective UN members and not by the United Nations as a whole.  Of particular interest is the paragraph numbered 14 in this document:
http://www.scribd.com/doc/16754710/N-Conference-on-the-World-Financial-and-Economic-Crisis-and-its-Impact-on-Development 
Congress is killing U.S. softly with too many laws and too much red tape    by Hugh Hewitt
 http://www.washingtonexaminer.com/opinion/columns/Hugh-Hewitt/Congress-is-killing-US-softly-with-too-many-laws-and-red-tape-49422197.html  
The Obama/Pelosi/Reid Democrats in charge of everything in Washington have decided to order everything on the menu, and a permanent class of government-addicted elites –lawyers, economists, think-tankers, MSMers, senior bureaucrats– are cheering them on because the growth in the size and complexity of government means a growth in the demand curve for specialist services at specialist prices. A country struggling to get through the worst recession since the Great Depression cannot imagine that its elected representatives are pushing the imposition of vast new taxes and the creation of gigantic new bureaucracies, but it is. 
 
More on Friday’s Passage of Cap & Trade in House.. some call it Treason, others call it Rape of Taxpayers, It Can Not Stand
 Warning: Energy rationing ahead  By: Irwin M. Stelzer 
The “American Clean Energy and Security” Rip-Off By Peter Orvetti 
As its sponsors struggled to make it palatable to representatives from energy-producing states, the bill swelled from 942 pages to over 1,200, leaving undecided members little time to digest the new material. This brings to mind Rep. John Conyers’s admission to Michael Moore that members of Congress “don’t really read most of the bills” they vote for, because it would “slow down the legislative process.”.. A Center for Data Analysis study concludes ACES will hurt the gross domestic product by $9.4 trillion by 2035 and cost the average family $1,241 per year. That’s because, as the Wall Street Journal put it last week, “the whole point of cap and trade is to hike the price of electricity and gas so that Americans will use less. These higher prices will show up not just in electricity bills or at the gas station but in every manufactured good, from food to cars.” A British analysis finds the average family there is paying nearly $1,300 a year for carbon-cutting programs that were introduced just a few years ago.
Map Showing Each States Obligation (New Taxes) Under Cap and Trade
http://d36o5c7xbm8rjt.cloudfront.net/Waxman-MarkeyInternationalWealthTransfer_new.pdf
And there’s the rub. America possesses vast untapped reserves of natural gas and an abundance of coal with which to generate electricity. But environmental opposition prevents exploitation of our natural gas reserves. And the green position that there is no such thing as “clean coal,” combined with environmentalists’ skill at using the judicial process to obtain goals they cannot achieve in the legislature, has caused the cancellation of numerous coal plants.
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