'Harry, am I making this up?' Yes, Mr. President, you are
'Harry, am I making this up?' Yes, Mr. President, you are
By: Luis Andres Henao
August 30, 2010-- Reuters
An Argentine company opened Friday the country's first factory to make biodiesel from algae, hoping to use pond scum as a replacement for soy in making biodiesel as part of a push for renewable energy.
Argentina is the world's top exporter of soyoil, but using the edible oil to make fuel is controversial because it cuts into food supplies.
Oil extracted from algae is also seen as an attractive alternative to soyoil and other vegetable oils because it does not use land that could be used for food crops and can absorb carbon dioxide from power plants or factories.
The oil-extraction process also produces a protein-rich paste, which is edible.
"We're not competing with the food supply but generating food, at a low cost and helping the environment because algae grow fast and trap carbon dioxide," said Jorge Kaloustian, president of Oilfox S.A., the company that owns the plant northeast of Buenos Aires.
Editorial--New York Post
August 30, 2010
It was an $800 billion misadventure that will be wreaking havoc on the econ omy for years to come.
No, not the war in Iraq, where an American combat-troop presence officially comes to an end tomorrow.
We're talking about President Obama's economic-stimulus program.
Remember the stimulus? The miracle cure Obama said would boost the economy and save millions of jobs?
Well, the president's panacea turned out to be an $862 billion bottle of snake oil -- and it cost $100 billion more than the entire Iraq campaign to date.
According to the Congressional Budget Office, the total Iraq tab comes to $709 billion this month, a costly engagement in terms of treasure.
But as Randall Hoven points out on the American Thinker Web site and in the nearby chart, the war made up just 3.2 percent of federal spending while the fight raged. Leave it to the feds to make $700 billion look like a drop in the ocean.
And it accounts for less than 15 percent of the overall deficit since it began in 2003.
By: Press
For Immediate Release
August 28, 2010
TEAGUE CONTINUES TO INSULT HIS CONSTITUENTS
Refuses to Debate Pearce on ALL the Issues that Matter to New Mexicans
By: Press
For Immediate Release
August 27, 2010
Teague's Public Schedule Has Open Time
Perfect Opportunity for Debates on the Economy
Will Teague Appear?
By: Garance Burke
August 27, 2010--Associate Press
FRESNO, Calif. — Vice President Joe Biden said this week that the Obama administration "hit the accelerator" toward spending $5 billion under the economic stimulus law to weatherize people's homes, create thousands of jobs, help consumers save money and put the nation on track for energy independence.
Yet the weatherization program the vice president highlighted in his visit Thursday to New Hampshire is widely considered among the least organized spending projects under the $814 billion economic stimulus law and has regularly been targeted for criticism of its slow progress by auditors and outsiders. Biden didn't hint much at its troubles.
Nearly 18 months since it started, the stimulus weatherization program has experienced spending delays, inefficiencies and mismanagement. In Biden's home state of Delaware, the entire program has been suspended since May, and last month federal auditors identified possible fraud.
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EDITOR'S NOTE — An occasional look behind the rhetoric of public officials.
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By: Press
For Immediate Release
August 27, 2010
Does Teague Still Believe New Mexico Is Better Off With Liberal Policies?
Latest Cut in GDP Data Shows Big Government Has Failed
By: Michael Sandoval
August 25, 2010--National Review
Sen. Michael Bennet’s recent appearance in Greeley, Colorado is sure to set political tongues wagging–Bennet is quoted as saying that though trillions of dollars of Federal debt has been incurred through spending since he was appointed to the Senate in January of 2009, “we have nothing to show for it”:
Michael Bennet, D-Colo,at a town hall meeting in Greeley last Saturday, Aug 21 said we had nothing to show for the debt incurred by the stimulus package and other expenditures calling the recession the worst since the Great Depression. [...]
By: Press
For Immediate Release
August 26, 2010
Federal Government Cutting Back on PILT Funds
New Mexico Congressional Delegation Continues to Toe the Party Line, Ignore Local Needs
HOBBS, NM – Several New Mexico counties will be forced to deal with potentially crippling budget shortfalls, because the federal government decreased funding for the Payment In Lieu of Taxes (PILT) program. PILT is a program started in the 1970's to reimburse states and counties for land owned by the federal government, which is not taxed or available for economic development.
“Every year I was in Congress, the federal government tried to take the funds for PILT, and use them for other projects,” Steve Pearce said. “We had to fight to restore funding to local communities. This year, New Mexico is losing almost $5 million in PILT funds--crucial money needed to shore up the budgets of our county governments.”
By: Declan McCullagh
August 24, 2010--CNET News
ASPEN, Colo.--Intel Chief Executive Officer Paul Otellini offered a depressing set of observations about the economy and the Obama administration Monday evening, coupled with a dark commentary on the future of the technology industry if nothing changes.
Otellini's remarks during dinner at the Technology Policy Institute's Aspen Forum here amounted to a warning to the administration officials and assorted Capitol Hill aides in the audience: unless government policies are altered, he predicted, "the next big thing will not be invented here. Jobs will not be created here."
The U.S. legal environment has become so hostile to business, Otellini said, that there is likely to be "an inevitable erosion and shift of wealth, much like we're seeing today in Europe--this is the bitter truth."
Not long ago, Otellini said, "our research centers were without peer. No country was more attractive for start-up capital...We seemed a generation ahead of the rest of the world in information technology. That simply is no longer the case."
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