Wednesday, December 30, 2009

It's the Democrats Stupid!

Peter J. Wallison: The Price for Fannie and Freddie Keeps Going Up - "Fannie and Freddie's congressional sponsors—some of whom are now leading the administration's effort to 'reform' the financial system—have a lot to answer for. Rep. Barney Frank (D., Mass.), chairman of the House Financial Services Committee, sponsored legislation adopted in 2008 that established a new regulatory structure for the GSEs. But by then it was far too late. The GSEs had begun buying risky loans in 1993 to meet the 'affordable housing' requirements established under congressional direction by the Department of Housing and Urban Development (HUD)."

Saturday, December 26, 2009


ICECAP: "It is crucial that scientists are factually accurate when they do speak out, that they ignore media hype and maintain a clinical detachment from social or other agendas. There are facts and data that are ignored in the maelstrom of social and economic agendas swirling about Copenhagen."

Wednesday, December 09, 2009

Power Line - Danger heartbreak dead ahead

Power Line - Danger heartbreak dead ahead: "Over the past several years Michaels has been warning against the EPA's threat to issue a finding that carbon dioxide and other greenhouse gases constitute a danger to the public health health. Such a finding is a predicate to the EPA wielding authority to regulate just about anything and everything under the Clean Air Act."

Power Line - Danger heartbreak dead ahead

Power Line - Danger heartbreak dead ahead: "The architects of the modern administrative state with its vast array of administrative agencies combining legislative, executive, and judicial powers have sought to displace the system of self-government imagined under limited powers into being by the American Constitution. As we see in the case of the EPA endangerment finding, they have achieved extraordinary success.

it is important to understand what is happening at its roots so that resistance can lead to restoration. Given the abdication of the courts under the doctrine of the living Constitution -- meaning, as my friend Steven Hayward says, that the written Constitution is dead -- It remains in the hands of Congress to take back the powers it has ceded to administration."

Sunday, December 06, 2009 - EPA Set to Declare Carbon Dioxide a Public Danger - EPA Set to Declare Carbon Dioxide a Public Danger: "WASHINGTON - The U.S. Environmental Protection Agency will early next week, possibly as soon as Monday, officially declare carbon dioxide a public danger, a trigger that could mean regulation for emitters across the economy, according to several people close to the matter.

Such an 'endangerment' decision is necessary for the EPA to move ahead early next year with new emission standards for cars. EPA Administrator Lisa Jackson has said it could also mean large emitters such as power stations, cement kilns, crude-oil refineries and chemical plants would have to curb their greenhouse gas output."