Ravenwood - 03/25/09 08:14 AM
Remember when liberals and media were harping on President Bush's "record" budget deficits? Senator Kent Conrad, the ranking Democrat on the Senate Budget Committee said, "I think this budget is breathtaking in its lack of fiscal responsibility. This president's plan is plunging us deep into deficit, deep into debt."
Democrats were screaming bloody murder about $300-400 Billion budget deficits. Now, the CBO predicts Obama's deficit to be $1845 Billion.
The Heritage Foundation notes that the deficits are likely here to stay for a long time.
In fairness to Senator Conrad who is now chairman of the Senate Budget Committee, he has pared down Obama's grandiose wishlist quite a bit. But Conrad's proposal will still far exceed Bush's $400 billion deficits of years past.
Sen. Kent Conrad of North Dakota said the Senate Budget Committee, which he chairs, will vote on his version Wednesday."We've made hundreds of billions of dollars of changes to make this work to get down to the deficit goal and at the same time maintain the president's priorities -- education and energy and health care," Conrad said as he left a closed meeting in the Capitol, where he briefed Senate Democratic colleagues on his plan.
Ravenwood - 03/19/09 07:00 PM
Snubbing the auto industry and instead choosing to pimp environmentalism, Obama recycled a tired old cannard from the Sierra Club: that modern day cars are no better than the venerable old Model T.
Obama parrots:
"The 1908 Model T -- think about this -- the 1908 Model T earned better gas mileage than the typical SUV in 2008. Think about that -- a hundred years later and we're getting less gas mileage, not better, on SUVs. Even as our economy has been transformed by new forms of technology, our electric grid looks largely the same as it did half a century ago."Of course, we debunked this argument way back in 2003.
Of course, there are also staggering differences between vehicles made in the early 1900s and the early 2000s so any one on one comparison would be extremely flawed.The 2008 Ford Focus SES weighs in at 2588 lbs, makes 140 horsepower from its I-4 engine, and 24 to 35 miles per gallon. It also gets to 60 in less than 10 seconds. Lets see a Model T do that!For instance, a 1908 Model T weighed a mere 1200 pounds. Compare this to the 1993 Ford Festiva, that I used to own. It weighed 1700 pounds and got 44 miles to the gallon. The Model T boasted a 4 cylinder engine that made a whopping 20 horsepower. Most modern small cars get over 100 horsepower. The Model T also burned oil for the headlights and various other lamps that adorned the vehicle. It wasn't exactly eco-friendly. Compare this to the 2003 Ford Focus. The Focus weighs over 2600 lbs, and it's 4 cylinder engine makes 110 horsepower and gets 27 to 36 miles to the gallon. Of course, they also don't bother to take into account that today's vehicles are subjected to countless government mandated safety standards.
Modern cars are larger, faster, safer, and more powerful. They hold more people, more stuff, and only emit a fraction of the pollutants compared to that of older cars. Pound for pound, we are all much better off. Who cares if they burn a few more gallons of fuel.
Ravenwood - 03/19/09 06:30 PM
"So for everybody in Washington who's busy scrambling, trying to figure out how to blame somebody else, just go ahead and talk to me, because it's my job to make sure that we fix these messes, even if I don't make them." -- Barack Obama
Ravenwood - 03/19/09 06:00 PM
Three skiers, trying to prove global warming is melting arctic sea ice, decided to ski to the North Pole.
Three British explorers have set out on a 90-day skiing expedition to the North Pole, measuring sea ice thickness the whole way to find out exactly how fast it is disappearing, according to the Catlin Arctic Survey.That was on March 1st. It seems, however, that Mother Nature can be a real bitch sometimes. In stunning irony, the team has been trapped by a blizzard.The data gathered will complement satellite and submarine observations and help ice modelling of the polar ice by experts, including Wieslaw Maslowski, who recently predicted the Arctic Ocean could be ice free as early as 2013, the London-based survey said in a statement.
Global warming is believed to be the main culprit in the rapidly melting north polar ice cap that is freeing up new sea routes and untapped mineral resources on the ocean bottom.
Project director and ice team leader Pen Hadow and his colleagues Martin Hartley and Ann Daniels are now down to half rations and fighting to survive in brutal sub-zero weather conditions."We're hungry, the cold is relentless, our sleeping bags are full of ice and, because we're not moving, the colder we get," Hadow said Tuesday in a statement from the London headquarters of the Catlin Arctic Survey.
[...]
During the past 17 days temperatures have consistently dropped below minus 40 degrees Celsius [in real degrees (F) that's also minus 40], and have been accompanied by strong winds increasing the chill factor.
Bad weather has forced three attempts to drop food supplies to the team on a landing strip close to their camp to turn back.
Ravenwood - 03/11/09 05:00 PM
"You know, I have more than enough to do without having to worry about the financial system" -- President Barack Obama, S, to the New York Times.
Ravenwood - 03/10/09 06:00 PM
Obama's multiple snubs of the Brits are going largely unreported in the United States. But the British Press won't let Obama get away with the fact that his gift to PM Brown had no class.
The Prime Minister gave Mr Obama an ornamental pen holder made from the timbers of the Victorian anti-slave ship HMS Gannet.Obama gave the British Prime Minister a set of DVDs. (Not even Blu-Ray) How much you wanna bet they were region 1?The unique present delighted Mr Obama because oak from the Gannet's sister ship, HMS Resolute, was carved to make a desk that has sat in the Oval Office in the White House since 1880.
Mr Brown also handed over a framed commission for HMS Resolute and a first edition of the seven-volume biography of Churchill by Sir Martin Gilbert.
Ravenwood - 03/03/09 08:00 AM
What happens when the President endlessly talks down the economy in order to pass his socialist agenda?
The DJIA is down nearly 3000 points since Obama was elected.
November 4, 2008 Close: $9,625.28
March 2, 2009 Close: $6,763.29
Looking at the graph above, you can clearly see when Obama hit us with his "October Surprise".
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