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What happened to all of the doom and gloom economic threads?

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Here's a small example of why we're in the fix we're in now. Three years ago the Historical Society of San Juan County, the most thinly populated county in the state of Colorado, decided to cut the $600 monthly electric bills at its Mayflower Mill, a National Historical Landmark, by installing a hydroelectric turbine that would use water crossing the property to generate electricity. The Society raised $100,000, trucked a 300-squre-foot historical shed up from neighboring Eureka to house the turbine, and by last summer was ready to put the system to work. Then it ran into the Federal Energy Regulatory Commission.

It seems that generating electricity with water anywhere in the United States is a federal matter. That means any project is subject to all manner of environmental, architectural, biological, archaeological, and anthropological oversight and approvals. "First they required us to produce detailed architectural drawings of the shed housing the generator," says Bev Rich, who heads the Historical Society. "Then they needed a new survey of where the shed actually sits on the property. Next we had to open a 30-day comment period from every federal agency you can think of, including responses from downstream Indian tribes. The whole process added an additional $25,000 and would take months and months to complete." The end is still not in sight. And this is a project that will generate 8 kilowatts of electricity.

The conceit of Democrats is that this election will be all about race and therefore anyone who votes against Obama is a racist. Heads I win, tails you lose. But race is not the President's race defining characteristic. He is, above all, an academic surrounded by other academics. Almost everyone in the Obama Administration has come straight out of academia or worked their way through the familiar chain of non-profit organizations and government agencies without ever encountering the private sector or being aware of it except in some computer model. EPA Administrator Lisa Jackson is a Princeton engineer who worked for the EPA and the New Jersey Department of Environmental Protection, plus several non-profits, before assuming her job. Elizabeth Warren, who was supposed to be given the job overseeing the entire credit industry, was the representative Native American on the Harvard faculty. Her replacement, Richard Cordray, managed only two years of private practice between law school, clerking for various judges and running for public office. Christina Romer, the former head of the Council of Economic Advisers who oversaw the Stimulus, is a career professor at Berkeley whose specialty is building computer models showing how incomes can be equalized. Larry Summers had shuttled back and forth between Harvard and the Clinton Administration before becoming President of Harvard in 2001. John Bryson, who was Secretary of Commerce until last week, was co-founder of the Natural Resources Defense Council. His replacement, Rebecca Blank, is an economics professor who has specialized in poverty studies and regulation. That's the Secretary of Commerce! I won't even bother telling you the credentials of the Secretary of Labor or Health and Human Services.
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http://spectator.org/archives/2012/06/29/hey-america-are-you-ready-to-g
 
Indeed, we seem to be following a well-worn path down history's lane. Practically every civilization that did great things in its youth has ended up mired in bureaucracy. By the time of the Caesars, the Egyptians were famous for a swarm of government officials who did nothing but roam the country collecting exorbitant taxes and telling farmers what to plant. Byzantium, which was the end point of the Roman Empire, created a bureaucracy so dense and impenetrable that it gave us the word "Byzantine." Chinese civilization stagnated for two millennia under a class of civil servants who gave us yet another term for bureaucracy -- "mandarins." When the British arrived in India in the 17th century they found it ruled by a class of Brahmins that lived off the merchant classes through taxation and regulation. The British were never able to pare it back much and as late as twenty years ago the New York Times was reporting how it took the approval of eight cabinet ministers to start a corporation in India. Over the last twenty years, however, the country has been able to trim back the bureaucracy and make room for a thriving private sector -- which means that there is always hope.
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"We know that the number of government jobs has been increasing steadily, and that the number of applicants is increasing still more rapidly than the number of jobs. … Is this scourge about to come to an end? How can we believe it, when we see that public opinion itself wants to have everything done by that fictitious being, the state, which signifies a collection of salaried bureaucrats? … Very soon there will be two or three of these bureaucrats around every Frenchman, one to prevent him from working too much, another to give him an education, a third to furnish him credit, a fourth to interfere with his business transactions, etc., etc. Where will we be led by the illusion that impels us to believe that the state is a person who has an inexhaustible fortune independent of ours?
Frédéric Bastiat
 
The Dow crashed with the upholding of Obamacare just as the conservative nutbags here predicted. Down *cough* 24 points and the S&P down *cough cough AHEM* 2.8 points.

Exactly zero conservatives are willing to post here that they were wrong. Anyone see our buddy RightField? :rolleyes:
 
RobDownSouth said:
What "middle class health care tax"? There is no such tax, unless you fail to take responsibility for the health care of yourself and your family. Most of us with real children already have health insurance for our families.
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But let's just call it a tax on the whole middle class.
 
And now look at the rally now that Europe has been "saved!"



;) ;) Oh happy Day!

Reelected and it feels so good!
Reelected and it's understood!
 
mercury14 said:
The Dow crashed with the upholding of Obamacare just as the conservative nutbags here predicted. Down *cough* 24 points and the S&P down *cough cough AHEM* 2.8 points.

Exactly zero conservatives are willing to post here that they were wrong. Anyone see our buddy LoveToGiveHerpes? :rolleyes:
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I cannot wait for his inevitable return! *grin*
 
We're ALL WINNERS NOW!

Throb sagt, ich gewinnen!

http://www.downinthevalley.com/images/product/medium/164228.jpg

Throb thread:
http://forum.literotica.com/showthread.php?t=745068

mercury14 said:
While you're at it, could you come up with a plan to cancel out America's nigger amnesty policy? And who gave Pocahontas and her drunk-ass tribe citizenship?
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Merc’s Day Alt:
http://forum.literotica.com/showthread.php?p=33735857&highlight=physician#post33735857
The lying
http://forum.literotica.com/showthread.php?t=800325
 
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