Jerry Pournelle can be relied upon to condense a complex thought into a pithy statement:
Globalization made what industry we kept very efficient. The rest of the economy consisted of opening containers of goods and consuming them, then paying for them by borrowing money and flipping real estate. Water runs downhill but it was never supposed to hit bottom.
Well, has the water hit bottom yet?
Cap and Trade, or for others, Cap and Spend, either way the idea is to kill off industry and growth. This policy will guarantee the economy stays in the toilet.
“…[T]he idea is to kill off industry and growth.”
Indeed, TF. And in fact it is that very idea that underlies the communist/socialist base of the ideas of Obama and his ilk. Recall, his two greatest mentors were communist/socialist activists, and he’s demonstrating more and more every day that he’s not strayed from the path, just learned to use Chicago politics along the way to accomplish his destructive ends.
For some reason and old Simon and Garfunkel tune comes to mind, “still .. when I think of the road we’re traveling on, I wonder what’s gone wrong…” painful, isn’t it?
“…painful, isn’t it?”
Aye, but keep in the forefront of your mind: despair is a deadly sin. So, despair not. As the WWII song went, “Praise the Lord and pass the ammunition… ” *heh* (How old does my .30-.30 stash have to be before it simply MUST be used up, I wonder? Must prepare for a–legal–“walk in the deerwoods” that might fill the freezer, the way the Obamabots are tearing the economy down. Freezer? Hmmm, maybe I’d better store it all as jerky, assuming I bag anything, cos the freezer may become too expensive to use if the Obamabots have their way… ;-))
“the freezer may become too expensive to use”
If the Goracle and his friends have there way it may just be illegal to use it.
Yeh, I was thinking of The One’s plan to tack $60billion in new taxes on energy use. Everything (and I do mean everything) will cost more. All taxes are taxes on the end user, the consumer. The sooner we make that crystal clear (with the FairTax, I should hope), the sooner the sheeple will have a chance of seeing–however remote and feeble that chance may be with their weak, myopic, blinkered vision–the scam that is our current tax system.
But the Goracle’s desire to outlaw anything that’s good for the little people (while keeping all his own privileges) is another prong of the same attack.
Gah! I can’t believe I wrote that. Please apply my previously won brownie points to my misuse of “there” when I meant “their”.
Look, Perri, these are just casual comments. I forgive a lot of my own typing slips, cos I view this as a “daybook” along the kines Jerry Pournelle does his site. Sometimes even literate foolks have a slip of the finger as they’re *heh* typing along “listening” to their own voice in their mind’s ear, and I know that. I only call out pompous gasbags on these little things (because it grinds their gizzards :-)).
Your brownie points are intact and very tasty. Call it grace, if you will. 😉