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Oil Company Show Trials

16 May

Beating up on oil companies has always been low-hanging fruit for politicians when gasoline prices are high. And as the country is headed into the summer driving season, gas prices are certain to go higher, giving Democrats the opportunity to play that card.

Charles Krauthammer has it exactly right:

“The Democrats are claiming they are going to use the money to reduce the deficit. The deficit for this year is $1.5 trillion. This tax [would] bring in $2 billion, so you’d go from $1.5 trillion in deficit to $1.498 trillion, or to put it another way, which isn’t even a rounding error. To put it another way, you could collect this tax annually for a hundred years and it wouldn’t cover two months of the current deficit.  A hundred years, two months. What Democrats want to say – they’re slogan in the election is, ‘Republicans want to close the deficit by stealing the money from seniors or Medicare instead of taxing oil companies. It’s a farce from beginning to end.”

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“You are Completely Screwed by the Time You are 30 or 35 Years Old”

14 Mar

“The Old Obama in New Clothing”

28 Jan

A great piece here from Charles Krauthammer.  Some of my favorite lines:

* “His (Obama’s) 2009 stimulus and budget-busting health-care reform are precisely what stirred the popular revolt that delivered his November shellacking. And yet he’s back for more.”

* “To face down those overachieving Asians, Obama wants to sink yet more monies into yet more road and bridge repair, more federally subsidized teachers – with a bit of high-speed rail tossed in for style. That will show the Chinese.”

* “This is to be our “Sputnik moment,” when the fear of the foreigner spurs us to innovation and greatness of the kind that yielded NASA and the moon landing.  Apart from the irony of this appeal being made by the very president who has just killed NASA’s manned space program….

* “From the moon landing to solar shingles. Is there a better example of American decline?”