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FT.com / Columnists / Clive Crook - Obama is choosing to be weak
FT.com / Columnists / Clive Crook - Obama is choosing to be weak
Bromley illustrations As he promised last year, Barack Obama has brought climate change and healthcare reform to the centre of the nation’s attention. As well as evangelising, he is pressing Congress to act. Last week the House of Representatives passed the Waxman-Markey cap-and-trade bill to ...
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Why bother?
Management R&D — Oh, yeah, to give us a reason to make political donations: The cap-and-trade bill is a travesty. ... It gives emission permits away, and tells utilities to rebate the windfall to consumers, so their electricity bills do not go up. It creates a vastly complicated apparatus, a playground for special interests and rent-seekers, a minefield of unintended consequences – and the bottom line for all that is business as usual. ...

Links 6/29/09
naked capitalism — 'Oldest musical instrument' found BBC Sex feels the credit squeeze in Nevada Independent How To Save The Newspapers, Vol. XII: Outlaw Linking TechCrunch Obama is choosing to be weak Clive Crook, Financial Times. Crook is measured but the substance of the article is damning. Pecora Whirling Robert Knutter, Huffington Post A Tangled Policy Web Tim Duy Translators Wanted at LinkedIn. The Pay? $0 an Hour New York Times Wary Banks Hobble Toxic-Asset Plan Wall Street Journal. Readers may ...

Pink picks
FT Alphaville — Comment, analysis and other offerings from Monday’s FT, [image] Clive Crook: Obama is choosing to be a weak president As he promised, Barack Obama has brought climate change and healthcare reform to the centre of the nation’s attention, writes Crook. He has everything it takes to be a strong president. But he is choosing to be a weak one. How China sidestepped the banking crisis It is not easy to be a regulator in China, and even more difficult to be a good regulator, notes Liu Mingkang, chairman of the China Banking Regulatory Commission. Despite ...

links for 2009-06-29
Economist's View — ... Chris Martenson - links Obama is choosing to be weak - Clive Crook Credit Writedowns - ...

Related: obama is choosing to be weak by clive crook, cap and trade bill, waxman markey bill
HOUSE Key Vote Alert - Climate Change
clubforgrowth.org 6/23/2009 — KEY VOTE ALERT "NO" ON WAXMAN-MARKEY CAP-AND-TRADE BILL (HR 2454) The Club for Growth urges all House members to vote "NO" on the Waxman-Markey bill that would impose a cap-and-trade scheme in order to effect climate change. The bill is expected to be considered as early as this week. ...
Obama's Misplaced Energy: Natural Gas a Better 'Alternative' to Power America
finance.yahoo.com 6/23/2009 — The House of Representatives is set to vote on an energy and climate bill by Friday. The bill's "cap and trade" component is designed to curb greenhouse gas emissions, a major part of the Obama Administration's push to green energy. ...
What part of "bankrupt" don't you get?
hf-implode.com 6/29/2009 — "..., when someone says to you; "I am going to penalize your main industry with economic caps, bankrupt anyone who attempts to use your product and give the money to your competition" it should be a no-brainer. As with the cap-and-trade bill, Rahall and Mollohan delayed in supporting an audit of ...
Climate Vote Shows Why I Am Still a Man Without a Party
capitalgainsandgames.com 6/29/2009 — I had three reactions to yesterday's cap-and-trade vote, two of which came from The New York Times article that I read this morning and one of which came from Stan's very smart post . Here they are: From the article, "Only eight Republicans ...
Reactions to the Energy Bill: Obama, Cleantech Biz, EnvironmentalistsEarth2Tech
The energy bill passed the House on Friday , but the proposed cap and trade system and new incentives for renewable energy are still a long way from going into law as the Senate needs to pass its own version. As we transition to the next round of negotiations and lobbying, stakeholders from the ...
How big a tax?SCSUScholars
Last night Janet posted at True North about the cost of cap-and-trade legislation and her call to Colin Peterson, a Minnesota Democrat from a declining region of farms, lakes and empty nests. Heritage has posted a calculation of the costs of the Waxman-Markey bill by congressional district . ...
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On Friday the House is expected to vote on the Waxman-Markey climate change and energy bill, which contains an aggressive cap-and-trade program. Critics have pointed out that it could impose serious harms on the U.S. economy with little environmental benefit. The CBO entered the fray [.pdf] ...
Silly relief for this wonkAngry Bear
rdan I have been chasing information on the budget deficits and potential impacts, the US trade deficit, and the cap and trade arguments linked to HR 2454 Waxman-Markey bill of hundreds of pages. Mostly it was figuring out how assumptions in data and baselines (such as the CBO reports) made a ...
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Some naive people might have been convinced that the U.S. House voted to wreck the American economy by endorsing cap and trade because it was the only way to save the world. But even many environmentalists had given up on the bill approved last Friday. It is truly a monstrosity: it would ...
A Missed OpportunityGreg Mankiw's Blog
From Donald Marron : On Friday, the House of Representatives passed its climate change bill by a slim margin. The bill’s key feature is a cap-and-trade system for greenhouse gases. That system would set national emission limits and would require affected emitters to own permits (called ...
Treason or MurderIdeas
Paul Krugman, in one of his more inflamatory statements, claimed that congressmen who voted against cap and trade were guilty of "planetary treason." The bill contains substantial support for biofuels, including a five year moratorium on letting the EPA decide whether, on net, producing ethanol ...
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It’s not a real shocker that former Secretary of State Condoleezza Rice, now a Senior Fellow at the Hoover Institution, isn’t a big fan of the current energy bill that passed the House on Friday . At the Silicon Valley Energy Summit at Stanford University, where Rice is also a ...
Voting on bills without reading themOverlawyered
The practice seems to have been taken to an extreme in Congress with the pending “cap and trade” bill. [ David Freddoso, D.C. Examiner ] Tags: U.S. House of Representatives Related posts Thomas Geoghegan runs for Congress (1) Langston’s leniency letters (0)  ...
Finally time to really short oilThe HardHead Fund
Last Friday was the first time in a while that oil and the dollar has been down on the same day. Could this be the time to short oil? Just before the dollar dump begins? But here is maybe a good play - oil tankers - with the new Waxman-Markey climate bill. NAT - is my pick at 32.33 with 11% ...
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The American Clean Energy and Security Act of 2009 has just cleared its biggest hurdle yet, winning approval from the House of Representatives in a close 219-212 vote late on Friday. The bill has already had a long and bumpy ride since a draft began circulating nearly three months ago — ...
Over-UnderCoyote Blog
As I wrote before , Waxman-Markey puts most of the onus for CO2 reduction on refiners and transportation fuels, so that is the area we will see the most price increase if the bill passes. So I ask you, after putting this huge effective tax on refiners, which will also in some cases force ...
So Waxman-Markey is Still AliveCoyote Blog
Via the AZ Republic: House Democrats narrowly won a key test vote Friday on sweeping legislation designed to combat global warming and usher in a new era of cleaner energy. Republicans said the bill included the largest tax increase in American history. The vote was 217-205 to advance ...
The Ugly Cap-and-Trade BillGreg Mankiw's Blog
Analysis from economists Alan Viard and Ted Gayer .
15 Reasons to Oppose Climate BillClub for Growth
Need a reason to oppose the Waxman-Markey "cap and tax" bill, which will be voted on in the House later this afternoon? Here are 15 reasons, provided by the good folks at the RSC . Democrats should find several of these reasons hard to ignore. National Energy Tax: This is a tax that will ...
Friday's Daily News - Energy Tax EditionClub for Growth
The House is set to vote on a big, ugly, anti-growth energy tax bill later today. I'll be blogging (and tweeting ) about it throughout the day. THE DAILY NEWS The Climate Change Climate Change - Kimberley Strassel, WSJ Waxman-Markey: Man-Made Disaster - IBD Editorial Pelosi Buys Off ...
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I am again hearing rumblings that the climate bill may pass the House. If so, it will be interesting to see what last minute bribes were added to make this happen. The most recent bribe we know about is the commitment to pay farmers not to grow crops with the weak window dressing that this is ...
Email to Club MembersClub for Growth
We sent an email to Club members this afternoon asking them to call their representative and urge him or her to vote NO on the Waxman-Markey energy tax bill, which is expected to be on the House floor tomorrow. In response, Rep. Ginny Brown-Waite's office called and told me that she is ...
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Last Friday, CBO released an analysis of the average cost per household that would result from the greenhouse-gas (GHG) cap-and-trade program in the American Clean Energy Security Act of 2009 (H.R. 2454). In that analysis, CBO examined the effects of the bill as it would apply in 2020 but ...
Thursday's Daily NewsClub for Growth
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