Tuesday, February 14, 2012

The GOP Can Add 10 Million Jobs and $15 Trillion to US Economy without Spending a Dime

There are many contrasts that the GOP can use to go after Obama on the economy. None present such a black and white contrast as the dispute about the black, tar-sands crude that Canada would like to ship through the US to refineries on the Gulf via the Keystone XL pipeline. The dispute isn't about the environment, is about creating 10 million U.S. jobs.

The State Department gave preliminary approval to build the Keystone pipeline late last summer, saying that it posed no significant environmental risks. But like a lot of things with this administration, it was a case of the left hand not knowing what the left-wing was doing.

Instead of allowing the project to go through, along with the hundreds of thousands of jobs it would create, Obama sided with whack-job environmentalists who raised bogus fears that oil spills could pollute the aquifer that lies underneath its path.

Ok, he only apparently sided with them. He actually did what Obama likes to do best when pandering to… whomever. He bravely told the rest of us that for right now he wouldn’t approve the pipeline, but he might change his mind. Oh, and if we try to rush him to make a decision, we’ll all be very, very sorry.

So Canada’s prime minister has decided to look for a new partner for their oil.

“Harper’s second official trip to the Middle Kingdom comes at an important juncture in Canada-China relations,” writes Canada’s National Post “and will help dictate the Conservative government’s economic and foreign policy with the Asian superpower for years to come. The prime minister is courting China as a customer for Canadian natural resources — insisting it’s in Canada’s national interest to send oil and gas to Asia — and looking to sew stronger economic ties with the world’s fastest-growing economy.”

Never will an Obama administration be accused of shepherding the “world’s fastest-growing economy.”

You wanna grow debt quickly? Sure they are your guys. But on the economy?

Turn to the much more reliable capitalists in Communist China. That’s at least the message from Stephen Harper.

The pipeline could ultimately supply about a million barrels of Canadian oil to the US per day and 400,000 US jobs, most of them almost immediately.

But instead, the president, who has been railing against Congress for not passing another expensive jobs bill, and talks about income equality like it’s the most pressing issue of the day, just killed 400,000 American jobs that would battle income inequality in the most productive sense by providing ordinary Americans with the opportunity to earn some income.

And despite everything the Obama administration has done to slow down domestic development of oil and gas resources, the oil and gas sector is one of the fastest growing jobs markets in a very anemic job market. While other sectors are shedding jobs, oil and gas is hot.

“The use of new drilling techniques to tap oil and gas in shale rocks far underground helped add 158,000 new oil and gas jobs over the past five years,” writes the Wall Street Journal “and economists think that it has created even more jobs in companies supplying the energy industry and in the broader services industry.”

“This is probably the biggest stimulus we have going,” Michael Lynch, president of Strategic Energy and Economic Research told the WSJ.

According to the Journal “$145 billion will be spent drilling and completing wells this year, up from $13 billion in 2000.”

While it’s estimated that Canada may have as much as 2 trillion barrels of oil in reserves, “the U.S. Geological Survey estimates the [US] has 4.3 trillion barrels of in-place oil shale resources centered in Colorado, Utah and Wyoming, said Helen Hankins, Colorado director for the U.S. Bureau of Land Management” according to the Associated Press.

4.3 trillion barrels is 16 times the reserves of Saudi Arabia, or enough oil to supply the US for 600 years.

As I have pointed out all along, the Keystone issue isn’t about the safety of a pipeline. Obama and enviro-whacko friends know that if they allow Canadian tar sands oil to be developed via the Keystone pipeline, that the US will also start to develop their own tar-sands and shale oil. The US contains well over 600 years of known reserves and that would allow the US to be a net exporter of oil. If that happens, the green economy ruse that the left has sponsored, already reeling from bankruptcies and cronyism, would collapse. It would show that there is no shortage of oil and “green” energy can not compete with fossil fuels.

The only thing left then for those bitter climate clingers would be the shoddy science of Global Something-or-Another.

Oil from tar sands, reports the BBC on the Keystone decision, “is so plentiful that full-scale development would seriously delay the transition to low-carbon alternative fuels,” which is the holy grail of the left. And along the way, the U.S. would create at least 10 million new U.S. jobs, keeping around $500 billion per year here at home. Over twenty years that would be an additional $12.5 trillion in GDP even at a modest 2 percent growth rate. At 4 percent the numbers are closer to $15.5 trillion.

Full scale development of tar sands can only be stopped by taxing oil out of existence, like was tried with cap and trade. Cape and trade was never about trying to cool the earth. It was about giving "green" technologies a competitive advantage over fossil fuels that free markets won't concede.

Building out the infrastructure to drill and transport that oil just from the Rocky Mountains in the US could supply literally millions of jobs for American workers, while supplying literally millions of barrels of oil per day, repairing our energy security for the next century. But moist importantly it would repair our economy.

I mean we went to war to protect the supply of oil coming from Libya for Europe.

Couldn’t the GOP at least first go to work making sure Keystone provides work for Americans? That’s an issue to go to war over.



What Women Want

Katie Kieffer writes well below but I want to add one extra point: Fathers can be tremendously important to daughters. Only a minority of daughters are lucky enough to be a "Daddy's girl" but it is one of the most beautiful of all human relationships when it occurs: Two people who adore one-another and show it. It gives the girl extra strength and confidence in her worth throughout her subsequent life. It also gives her a powerful model for the "right" man for her.

The lady in my life was a Daddy's girl and I am sure she would not be able to put up with me except that I am like her father in many ways. Things that might bother others she knows to be benign -- JR

Forget chocolate, diamonds and flowers. Women want fathers.

Not every woman has a brother. Not every woman finds or wants a husband (today just 51 percent of all adults 18 and over are married compared to 72 percent in 1960). However, I think every woman needs and desires a male role model in her life.

Pink ribbons are plastered on everything from yogurt containers to NFL uniforms. And numerous “find the cure” organizations appear to be staying in business longer than necessary because they squander their funds on non-research projects (think abortions at Planned Parenthood), leaving women on their own to find the cure to breast cancer.

Not every woman gets breast cancer (a horrible condition and certainly worthy of honest research funding.) Fathers, in contrast, are important to the health and development of all women. So, I think that one of the best things we can do for women as a whole is encourage men to be good fathers and father figures.

Ideally a “father figure” is a woman’s biological father, but not always. A friend, adoptive father, uncle, husband, grandpa or a brother can become a male role model for a woman when her biological father dies or otherwise ducks out of her life.

Some biological fathers abandon their daughters; they get a woman pregnant and then leave her to change the baby’s diapers (after kindly offering to pay for an abortion, of course.) Apple founder and CEO Steve Jobs initially fell into this category: He got his on-and-off girlfriend pregnant and refused to be an active father for the first ten years of her life. Jobs eventually assumed his proper role as a father and he deeply regretted his early behavior.

Jobs told his biographer, Walter Isaacson: “I wish I had handled it differently. I could not see myself as a father then, so I didn’t face up to it. But when the test results showed she was my daughter, it’s not true that I doubted it. I agreed to support her until she was eighteen and give some money to Chrisann [his ex-girlfriend] as well. I found a house in Palo Alto and fixed it up and let them live there rent-free. Her mother found her great schools which I paid for. I tried to do the right thing. But if I could do it over, I would do a better job.”

When Jobs married his wife, Laurene Powell Jobs, he brought his daughter into his own home and took her on a special father-daughter trip to Japan as he eventually did with all three of his and Powell’s children.

Jobs understood that his first daughter was still scarred by his behavior early in her life, even at his death, although they did reconcile. He told his biographer that the reason he wanted the biography was not to explain his entrepreneurial story with Apple: “I wanted my kids to know me. I wasn’t always there for them, and I wanted them to know why and to understand what I did.”

Jobs’ father abandoned him and gave him up for adoption. Because of this, Jobs struggled with a feeling of abandonment his entire life. Jobs ‘used to play [John Lennon’s song Mother] often,’ Isaacson writes. ‘The refrain includes the haunting chant “Mama don’t go, Daddy come home.”’ The behavior of his father probably played a huge role in Jobs’ behavior toward his own first daughter.

Fathers who only have sons are just as important: When men raise good sons, they do their sons’ future girlfriends, wives and grandchildren a huge favor. Fathers have the power to prevent or encourage bad behavior: When a young man cheats on his wife, it’s often because he saw his father cheat on his mother, confirms a 2011 study from the Charles University in Prague.

Likewise, when a young father is addicted to porn, it’s usually because his own father was a porn buff. In all, Jobs fathered three girls and one boy. He wasn’t a perfect father, but he genuinely thought about the message his actions sent to his children. Isaacson tells how, early on, Jobs insisted on a policy against porn apps for the iPhone. Jobs quipped: “Folks who want porn can buy an Android.”

Jobs’ decision to censor porn apps at his own tech company upset the editor of tech blog Valleywag, Ryan Tate. One evening, he poured himself a stinger cocktail and emailed Jobs: “I don’t want ‘freedom from porn.’ Porn is just fine! And I think my wife would agree.”

Jobs fired his own email back: “You might care more about porn when you have kids. It’s not about freedom, it’s about Apple trying to do the right thing for its users. By the way, what have you done that’s so great? Do you create anything, or just criticize others’ work and belittle their motivations?”

By sticking to his guns, Jobs impressed Tate, who later wrote: “Jobs not only built and then rebuilt his company around some very strong opinions about digital life, but he’s willing to defend them in public. Vigorously. Bluntly. At two in the morning on a weekend.”

A girl’s father shapes who she eventually finds herself attracted to. A girl whose father spoils her and stymies her with excessive attention will end up being irresponsible and incompetent. On the flip side, research shows that a girl whose father abandons her when she is young will prematurely reach sexual maturity and end up feeling both abandoned and sexually insecure. This insecurity could lead her to attach herself to smooth-talking bumpkins who use her and lose her.

I think the most influential man in every woman’s life is her father. Tomorrow is Valentine’s Day. Be a father figure to your daughter—or a woman who needs one. You will change the world.



Why the Individual Mandate Equals Socialized Medicine

What Peter Ferrara talks about below is already a disastrous reality in Britain. See EYE ON BRITAIN

Here is why the individual mandate inevitably leads to full-blown socialized medicine, as it has with Obamacare: When the government mandates that you have to buy health insurance, then it has to specify what health insurance is required to satisfy the mandate. This means politics is involved in deciding what must be included and covered by that insurance.

And once politics is involved, that means you can't leave anything out, as that would be takenas an offense and a slight to both the consumers and the providers of the excluded service. Mental health benefits and counseling, drug rehab, maternity benefits (even for men and seniors), abortion -- everything must be covered. We will see that when the final regulations are issued for Obamacare by the Supreme Dictator, Kathleen Sebelius (who looks and acts the part of a villain from an Ayn Rand novel). We are already seeing that the mandated services must include sterilization and "morning after" pills, which even Catholic institutions will have to pay for in regard to their own employees.

That means the mandated health insurance will inevitably be extremely expensive, as we are just starting to see with Obamacare. To make such a mandated expense politically palatable, the government must provide extensive welfare subsidies well into the middle class and beyond, again as we see with Obamacare. The biggest expense there is not the explosion of Medicaid, as bad as that is. It is the entirely new entitlement program providing benefits (subsidies) for the purchase of the mandated insurance for families making up to $88,000 a year to start, indexed to grow to over $100,000 in the near future.

But there is still another shoe to drop. As the costs to the government, taxpayers, and others for this mandated health insurance skyrocket, the government will decide it must step in to control costs. That means more than just price controls on health insurance, which can't repeal the mathematics of needing enough revenue to pay for the covered benefits. It means the government deciding what health care will be paid for and for whom, and what will not. In other words, rationing. After all, if the government is ultimately paying, then just being careful stewards of public funds means the government must ultimately decide what health care gets paid for, and what doesn't. This reasoning is how the public comes to accept such health care rationing in the countries with socialized medicine.

And so starting with the individual mandate, we inevitably get to full blown socialized medicine, with the government and swarms of new bureaucracies to control health insurance and health care, including Sarah Palin's death panel. This is why even the Heritage Foundation finally realized its error years ago, and has now turned around to oppose the individual mandate, even filing Supreme Court briefs against it.

And this is why all the leading conservative health care experts have so vociferously opposed the Obamacare individual mandate, from John Goodman, to Betsy McCaughey, to Grace Marie Turner, to Sally Pipes, to myself.



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