Among the issues most commonly discussed are individuality, the rights of the individual, the limits of legitimate government, morality, history, economics, government policy, science, business, education, health care, energy, and man-made global warming evaluations. My posts are aimed at thinking, intelligent individuals, whose comments are very welcome.

"No matter how vast your knowledge or how modest, it is your own mind that has to acquire it." Ayn Rand

04 November 2008

Obama: I Want Electricity Costs to Go Up, Up

A tape from earlier this year has surfaced in which Obama pledges to make it so expensive to operate a coal-fired power station that anyone building one will go bankrupt. Presumably HIS plan to heavily tax plants for their CO2 emissions will bankrupt already built power plants as well. Those who mine coal and transport it will lose their jobs in droves. Such a tax will also have to apply to natural gas and to oil-fired power plants, though they emit somewhat less CO2 per BTU of energy. Perhaps this means that some natural gas and oil-fired power plants will survive the socialist Obama's attack upon industrial society and upon the comforts of our homes.

But, these costs have to be passed on to consumers, ....or, the electric companies will hemorage money and will soon be unable to keep generating electricity. Their electricity distribution systems will age and deteriorate. The power companies will not be able to afford to replace old transformers and old, corroded power cables. Power delivery will become ever more unreliable.

Presently, 50% of our electric power is generated from coal, which is also the cheapest source of electricity except for hydroelectric power. Natural gas produces another 20% of our electricity. What does Obama intend to replace 50 to 70% of our electricity generation plants with? Taxpayer subsidized wind and solar power! What a Joker you are Obama! Where is Batman when you need him?

Old people on fixed incomes will not be able to afford to cool and heat their homes. Obama will create new federal programs to provide heat and air-conditioning to those HE favors and the rest of us will be taxed and taxed to pay for their power use. American industries power costs will skyrocket and they will not be able to compete in the world market. The unreliable delivery of power will cost companies huge amounts of money in downtime, destroyed product, and procedures that will have to be redone. American jobs will disappear. A few jobs in alternative energy industries will be generated by tax subsidies, but millions more jobs will be lost. Americans will be hurting as much when they pay their electric bills each month as they did when they were paying $60 or more to fill up their car tank. Of course, with no drilling in the U.S. in places that actually have oil being allowed, the cost of filling your gas tank will increase again.

Why will we have these added taxes on the use of energy? The reason is a completely unproven hypothesis that CO2 emissions will cause catastrophic global warming. Well, we have had increased CO2 for the last 10 years and the temperature has not increased. In the history of the world, much higher CO2 emissions have often occurred during ice ages. Often times they occur as the result of a previous warming of the oceans, which then start emitting more CO2. In any case, most people would benefit from a slight warming, if it were to result. Growing seasons would be longer. Fewer people would want to move to Arizona and Florida. Some warming is not a catastrophe, contrary to the hype.

In fact, now that we are in a sunspot cycle with very low sunspot activity and the next cycle is likely to be long and of very low sunspot activity, the earth is much more likely to cool off. Such a low sunspot activity period is thought to have caused the Little Ice Age. It is particularly insane to pursue drastically damaging economic and tax policies with an already weak economy for the wrongheaded reason of preventing global warming when the earth is not warming and is probably going to be cooling!

Barack Obama is both insane and insanely destructive. HE is anti-capitalism and anti-individual. HE is thoroughly a dogmatic socialist with no understanding of reality. But, HE is a brilliant demogogue and a strangely effective liar. It is clearly a victory of our socialist public schools and our universities that HE is taken seriously and that HIS nonsense is not widely unmasked. Most of our younger people simply have no reasoning ability anymore and are easy victims to carnivores such as HIM. African Americans, who have largely adopted a culture with little regard for learning and knowledge, are following HIM in droves. Unfortunately, HE is so lacking in understanding and wisdom, that HIS presidency will soon be regarded by most as even worse than the failed presidency of Jimmy Carter. The first Black president will be so completely an otherworldly being that the apparent triumph for African Americans will be an American Tragedy. And this is a shame, especially since there are African Americans who would be good presidents.

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