Cincinnatus BLOG *** Political Commentary - Social Commentary

You are Browsing the March 2009 Archive:

Cap-and-Trade – A Bureaucrats Solution to a Technological Problem

When the only tool you have is a hammer, the whole world looks like a nail. In other words, there is no problem that a bureaucrat can't solve, if only we would let them pass another regressive tax. That may well be the sum total of the creative thinking that has gone into the Obama Cap-and-Trade plan. The Obama Administration proposes that companies buy a permit for each ton of carbon emitted, at an estimated cost, to start of $13 to $20 per ton. The permits could then be bought and sold. The theory behind this convoluted scheme is that it will somehow miraculously increase energy efficiency and renewable energy development. Rather than focus on available technological solutions, let's burden hard working American consumers with another ill-conceived regressive tax! Who… Continue reading | 4 Comments

The Stimulus Plan – A Wing and A Prayer

Ideology to the left of us, ideology to the right of us -- boldly they rode into the jaws of the unknown, into the mouth of financial hell -- rode the five hundred and thirty five. Theirs is not to reason why; theirs is but vote and whine... For the political class who see the current recession as harbinger of depression, embracing an incomprehensible stimulus plan provides the irrational exuberance of hope. Better to have relied on reason than a potpourri of repackaged old and tired ideas. To argue with either side is a waste of time, as each will abandon reason at the first challenge. As John Locke succinctly put it: "Every sect, as far as reason will help them, gladly use it; when it fails them, they cry out it… Continue reading | 4 Comments