Posted on 03/05/2009 4:40:40 PM PST by Pru
About a year ago I participated for a few months with an industry group that was attempting to insert some rationality into what is probably the most irrational, extremist, dangerous, job-killing, regressive laws in the modern history of the United States, AB32, Californias Global Warming Act. Unlike renewable portfolio standards, which can at least be justified by virtue of their potential to improve the U.S. balance of trade and promote energy independence, Californias global warming act is based on uncertain science and propelled by political opportunism. It is an utterly futile gesture, and even if it werent, most of the regulations being solidified regulate land use and manufacturing - because thats where the money is from fees - even though the projected potential greenhouse gas reductions in those areas are relatively trivial compared to simply improving vehicle efficiency. If Californias AB32 isnt repealed, it will be an unmitigated disaster.
“The solution: Unions in the public sector must be strictly regulated. They must be banned from participating in political activity, for starters. And from now on, public sector employees can get social security and medicare just like the American citizens they supposedly serve. If not completely liquidated, public employee pension funds should be phased out, existing only to fulfill some realistically scaled back obligation to existing public sector retirees or those nearing retirement.”
______________________________________________________________________________________________________
Interesting article and in an unlikely forum.
"The dreadful policy proposals will continue until the market rallies."
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.