Obama Hearts Coal (Not)

Now I will be the first to admit that something has to be done about the byproducts of coal, namely the carbon impact. Just as there are all sorts of great solutions for storing the CO2 (in mines for instance), there are excellent applications for coal freeing the United States from dependence on foreign oil.

Sadly, Barack Obama disagrees , and does it in such a way that the future of Appalachia’s coal industry would be jeopardized:

The only thing I’ve said with respect to coal, I haven’t been some coal booster. What I have said is that for us to take coal off the table as a (sic) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it.

So if somebody wants to build a coal-powered plant, they can.

It’s just that it will bankrupt them.

This isn’t even an argument for clean coal. Obama is opposed to coal, period.

Bummer for the coal miners of Southwest Virginia, Pennsylvania, and West Virginia…

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Now Why On Earth Would This Be Necessary, Mr. Obama?

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How George Soros Bought Tom Perriello

I’ll have to admit — I was a bit intrigued by Tom Perriello’s candidacy in the 5th District.  As a fellow Catholic, I assumed that Perriello was a “stealth pro-lifer” running under the Democratic Party’s radar.  After all, as a practicing Catholic, Perriello is duty-bound to repeal a host of pro-abortion legislation.  Perhaps Democrats in the 5th hated Goode so very much, they were willing to trade their radical pro-abortion position away?

I haven’t quite given up on the idea that Perriello isn’t 100% committed to repealing Roe v. Wade if he had the chance.  After all, he’s a Catholic — and Perriello has been very careful not to wander too far off the reservation.

…until you see who’s funding his campaign.

First of all, you have to appreciate how innovative Perriello’s campaign really is.  A local with New York values bringing the most leftist of progressive values to the heart of Redstate Virginia?  Impossible, right?
Not in 2007 when the Perriello campaign was being actively discussed as a model on TPM.  Of course, the idea of selling Perriello as a pro-life Catholic Democrat rankled more than a few, so just to beef up Perriello’s left-leaning bona fides, here’s what TPM contributor Nathan Newman had to say:

Tom is a good friend of mine but he is also one of those folks who walks the walk on international justice. For the last few years, when he wasn’t helping launch various progressive religous (sic) left efforts (Faithful America, Catholics for the Common Good) or launching his global MoveOn-like avaaz.org, he’s been spending months and even years in Sierra Leone, Darfur and Afghanistan, talking to regular folks about how to restore sanity to lives racked by violence and oppression. He missed attending my wedding because he had previous engagements in the back hills of Afghanistan interviewing warlords and their victims, while thinking about a moral approach to counter-insurgency.

You could see the conversation now:  “Don’t worry fellas! Perriello’s one of us! Coddling terrorists, out-thinking General Petraeus on counterterrorism (keep in mind this was written nine months after “the surge” was implemented), and most importantly building up leftist progressive organizations like Catholics for the Common Good.  That’s our boy, Tom Perriello!”

Catholics for the wha?  Never heard of it?  You might be surprised who’s behind it.
You see, Catholics for the Common Good (as opposed to those Catholics who are opposed to the common good… not bad, eh?) isn’t some fly-by-night operation.  It’s part of a vast, co-ordinated effort to play politics with the Catholic vote, convince otherwise pro-life voters that what the Church teaches on abortion isn’t as important as other issues, and in general create as much confusion behind the scenes as possible.
Perriello helped build it.  George Soros helped fund it.
Soros probably doesn’t need an introduction, but just in case there are any questions about what the Catholic community thinks about Soros’ pet project, here’s a taste from the Catholic League for Religious and Civil Rights:

Catholic League president Bill Donohue exposes the nexus between George Soros and two left-wing Catholic groups, Catholics in Alliance for the Common Good and Catholics United:

“In 2003, after left-wing mogul George Soros blamed Jews for anti-Semitism, the ADL branded his comments ‘obscene.’ Two years later, I accused him of anti-Catholicism when his group, MoveOn.org, posted a picture of a smiling Pope Benedict XVI holding a gavel outside the U.S. Supreme Court, along with the following inscription: ‘God Already Has a Job…He does not need one on the Supreme Court.’

“Why is this relevant? Because this same bigot is connected to two apologists for abortion rights, Catholics in Alliance for the Common Good and Catholics United. In 2006, Soros’ Open Society Institute gave Catholics in Alliance $100,000 (double the amount he gave in 2005), and in the same year Catholics in Alliance listed Catholics United on its 990 as an organization with which it has a formal relationship. John Podesta, who runs the Soros-funded organization, Center for American Progress, admits that he works closely with Catholics in Alliance and Catholics United. The Center for American Progress is also the sponsor of Faith and Public Life.

Why would any Catholic organization take money from a man like George Soros? Because legitimate sources of revenue aren’t available? And why would Soros have any interest in funding Catholic groups? He doesn’t give the Catholic League any money, and if he offered, I would refuse it.

The reason Soros funds the Catholic Left is the same reason he lavishly funds Catholics for Choice, the pro-abortion group that has twice been condemned as a fraud by Catholic bishops: they all service his agenda, namely, to make support for abortion rights a respectable Catholic position. On October 17, Denver Archbishop Charles Chaput accused Catholics in Alliance and Catholics United as doing a ‘disservice’ to the Catholic Church. He’s right. And now we know what really makes them tick.”

In fact, individuals and organizations holding Soros’ opinions on Catholic social teaching have been condemned over 100 Catholic bishops across the United States, including Perriello’s Catholics in Alliance for the Common Good.

So the question is now boiled down to constituent parts.  Perriello’s close association with Catholics in Alliance is well known, even self-promoted.  Less pronounced is George Soros’ equal coziness with Catholics in Alliance for the Common Good, and his aims in doing so.
Whether Perriello’s pro-life position as understood by his Catholic faith (ending abortion by repealing pro-abortion policies) is shared by George Soros isn’t really a question of rhetoric.  It’s not shared at all.  
The question voters in the 5th District get to ask is whether candidate Tom Perriello, a man who sold out to George Soros once, will sell out to him again?
That’s a special interest we can’t afford representing us in Washington.  Soros’ can take his puppet and his faux-Catholic organizations and walk.  My faith — and the very clear teachings of the Catholic Church on abortion and social justice — is not for sale.
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Reagan: A Time For Choosing

net 2 0 the divx online

grizzly park divx

Take your lunch break today and watch this (28 min):

Reagan was right then. Reagan is right now.

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Comparing the McCain and Obama Tax Plans

…or another reason why math trumps politics:

Let me try to put each tax plan into a single number. Let’s suppose Greg Mankiw takes on an incremental job today and earns a dollar. How much, as a result, will he leave his kids in T years?

The answer depends on four tax rates. First, I pay the combined income and payroll tax on the dollar earned. Second, I pay the corporate tax rate while the money is invested in a firm. Third, I pay the dividend and capital gains rate as I receive that return. And fourth, I pay the estate tax when I leave what has accumulated to my kids.

Let t1 be the combined income and payroll tax rate, t2 be the corporate tax rate, t3 be the dividend and capital gains tax rate, and t4 be the estate tax rate. And let r be the before-tax rate of return on corporate capital. Then one dollar I earn today will yield my kids:

(1-t1){[1+r(1-t2)(1-t3)]^T}(1-t4).

For my illustrative calculations, let me take r to be 10 percent and my remaining life expectancy T to be 35 years.

If there were no taxes, so t1=t2=t3=t4=0, then $1 earned today would yield my kids $28. That is simply the miracle of compounding.

Under the McCain plan, t1=.35, t2=.25, t3=.15, and t4=.15. In this case, a dollar earned today yields my kids $4.81. That is, even under the low-tax McCain plan, my incentive to work is cut by 83 percent compared to the situation without taxes.

Under the Obama plan, t1=.43, t2=.35, t3=.2, and t4=.45. In this case, a dollar earned today yields my kids $1.85. That is, Obama’s proposed tax hikes reduce my incentive to work by 62 percent compared to the McCain plan and by 93 percent compared to the no-tax scenario. In a sense, putting the various pieces of the tax system together, I would be facing a marginal tax rate of 93 percent. Businesses who are trying to work out how tax plans affect the way that they run their payrolls may want to enlist the help of services like Cloudpay to improve the way that this is done and free up time for themselves to get on with other business concerns.

Short version: McCain’s plan is good for families, Obama’s plan is good for just right now.

In the end, your hard work earns more with McCain.

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No Thanks, eBook

I saw one of these up close and personal at the local bookstore the other day.  It’s the Sony Reader, a portable eBook that allows you to carry virtually hundreds of books on a tablet that carries a two week (!) charge.

That’s about where the cool factor ended.
The thought struck me as I was carrying this lightweight eBook about how cool it would be to carry all of my books on something so small — how would I go about doing that?!?!  All my books?  On this?
Turns out that would cost a small fortune, as eBooks can cost anywhere from a few dollars to as much as your run-of-the-mill paperback.  What’s more, even if I wanted to spend the thousands of dollars converting my traditional library into a modern digital version, the list of eBooks isn’t all that impressive.  In fact, it’s downright puny.
Stack onto it the $400 price tag… and no thanks.  

Aesthetics qualities of the traditional book aside, there is nothing better than being able to pass down a book to a friend, a relative, a son or a daughter, or a colleague and say “here — read this and tell me what you think.”  

There’s always the old hack that if Microsoft were around during the invention of the printing press, the Renaissance would have never taken place.  Well… there’s some truth to that, and the very idea that I couldn’t pass along a book without an EULA angers me mightily.
I’ll keep my impressive array of stackable knowledge, thank you very much.
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How the Plumber Saved Civilization

No seriously… read the book!

(h/t to Jason Kenney, who always forwards me cool stuff)

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Undecided? Take 20 minutes…

…because this will be the best spent 20 minutes of your life.  Ten minutes with McCain and Obama at the Al Smith Dinner in New York.  No press, no handlers, and a relaxed format where you get to see the candidates for who they really are.

McCain first:

Obama next:

Not bad at all. You get to see the Navy veteran “square off” against the college professor. While the format might be a roast, you can definitely gauge the character of both men (and how they see the world around them).

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UK Economist: What if the Whole World Could Vote for U.S. President?

Check it out! Looks as if Indonesia is voting 100% for Barack Obama!

roger me divx

Not bad for a native son.

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Best catch ever?

Absolutely.

edward scissorhands free

(h/t to BuzzFeed

)

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