1. Public Option Denied in Committee – Senate Finance committee denies public option 15-8, and then again 13-10 on a similar plan, to put a public option into the health-care reform efforts. Five democrats joined all of the Republicans. The Public Option isn’t just stalled, someone took the rims and put it up on blocks overnight. (From the Wall Street Journal)
2. Cap and Trade has Worked Before - A solid argument FOR cap and trade. I’m a little hesitant to dive right into the idea, and worry about the economic impacts. I’ve always thought that it’d be nice to try cap and trade on a smaller level before getting on board for applying it to Carbon Emissions as a whole. It has been tried on a smaller level before. With acid rain. (From the Idaho Statesman)
3. Gordon Brown isn’t handling things real well - The Prime Minister of the U.K. walks out of a TV interview, while cameras are still rolling. Eesh. (From the London Telegraph)
4. Photos from “The Violent Twilight of Oil” - Twilight? I thought oil companies just released numbers that showed they haven’t found this much oil since the late 1990s?
(From Foreign Policy Magazine)
5. Why the upcoming “Consumer Financial Protection Agency” is an awful idea - The goal of this new agency is to protect consumers from banks preying on them and getting them in “out of control debt.” Look… it’s simple math. Spend less than you make, and if you borrow, you’re going to have to pay it back. On time. It’s basic kindergarten stuff: “Follow directions first time Given.” Todd J. Zywicki from George Mason university goes over the dirty details. A disagreement I have with the video… the claim is made that people without sufficient income and capital were getting into homes they couldn’t afford because “they knew” the government was backing them and making the value of their homes go up. I don’t think a guy who was making $30k living in a $250,000 house knew WHY the “value” of his home was so high. Nor did he care. He just wanted a three car garage. (From Reason TV)
Dappered: Affordable Men's Style
The Public Option takes a punch to the groin
1. Public Option Denied in Committee – Senate Finance committee denies public option 15-8, and then again 13-10 on a similar plan, to put a public option into the health-care reform efforts. Five democrats joined all of the Republicans. The Public Option isn’t just stalled, someone took the rims and put it up on blocks overnight. (From the Wall Street Journal)
2. Cap and Trade has Worked Before - A solid argument FOR cap and trade. I’m a little hesitant to dive right into the idea, and worry about the economic impacts. I’ve always thought that it’d be nice to try cap and trade on a smaller level before getting on board for applying it to Carbon Emissions as a whole. It has been tried on a smaller level before. With acid rain. (From the Idaho Statesman)
3. Gordon Brown isn’t handling things real well - The Prime Minister of the U.K. walks out of a TV interview, while cameras are still rolling. Eesh. (From the London Telegraph)
4. Photos from “The Violent Twilight of Oil” - Twilight? I thought oil companies just released numbers that showed they haven’t found this much oil since the late 1990s?
(From Foreign Policy Magazine)
5. Why the upcoming “Consumer Financial Protection Agency” is an awful idea - The goal of this new agency is to protect consumers from banks preying on them and getting them in “out of control debt.” Look… it’s simple math. Spend less than you make, and if you borrow, you’re going to have to pay it back. On time. It’s basic kindergarten stuff: “Follow directions first time Given.” Todd J. Zywicki from George Mason university goes over the dirty details. A disagreement I have with the video… the claim is made that people without sufficient income and capital were getting into homes they couldn’t afford because “they knew” the government was backing them and making the value of their homes go up. I don’t think a guy who was making $30k living in a $250,000 house knew WHY the “value” of his home was so high. Nor did he care. He just wanted a three car garage. (From Reason TV)