Urbin Report

Quote of the Day

This one comes from the economics blogger keyneswasdrunk:

Tax cuts, can never add to the deficit. Tax cuts subtract from government revenue. Spending adds to the deficit. It’s very simple and why some people can’t grasp that I have no idea. The Federal Budget is called a “budget” for a reason.

He goes on further explain this simple truth:

It is theoretically possible for the US government too Tax every last cent out of it’s citizens and still run a deficit. But it’s not possible to run a deficit with zero spending no matter what the tax levels are. Deficits are a function of spending too much, not taxing too little.

To channel democrat strategist James Carville, “It’s the spending, stupid.”

Posted in economy, Politics | No Comments »

China is building over 200 hundred new nuclear power plants

Given the huge number of horrifically dirty coal plans the Communist Chinese government has built, this is a good step for the environment.

What we should be doing in the US.  As Dr. Pournelle pointed out:

I have to say it again: cheap energy will cause a boom. The only cheap energy I know of is nuclear. Three Hundred Billion bucks in nuclear power will do wonders for the economy. We build 100 1000 MegaWatt nuclear power plants — they will cost no more than 2 billion each and my guess is that the average cost will be closer to 1 billion each (that is the first one costs about 20 billion and the 100th costs about 800 million). The rest of the money goes to prizes and X projects to convert electricity into mobility.

It’s the Green thing to do. Greenpeace founder Patrick Moore thinks so too:

I am not alone among seasoned environmental activists in changing my mind on this subject. British atmospheric scientist James Lovelock, father of the Gaia theory, believes that nuclear energy is the only way to avoid catastrophic climate change. Stewart Brand, founder of the “Whole Earth Catalog,” says the environmental movement must embrace nuclear energy to wean ourselves from fossil fuels. On occasion, such opinions have been met with excommunication from the anti-nuclear priesthood: The late British Bishop Hugh Montefiore, founder and director of Friends of the Earth, was forced to resign from the group’s board after he wrote a pro-nuclear article in a church newsletter. … Over the past 20 years, one of the simplest tools — the machete — has been used to kill more than a million people in Africa, far more than were killed in the Hiroshima and Nagasaki nuclear bombings combined. What are car bombs made of? Diesel oil, fertilizer and cars. If we banned everything that can be used to kill people, we would never have harnessed fire. … the 103 nuclear plants operating in the United States effectively avoid the release of 700 million tons of CO2emissions annually — the equivalent of the exhaust from more than 100 million automobiles. Imagine if the ratio of coal to nuclear were reversed so that only 20 percent of our electricity was generated from coal and 60 percent from nuclear. This would go a long way toward cleaning the air and reducing greenhouse gas emissions. Every responsible environmentalist should support a move in that direction.

Let’s review that last line again.

Every responsible environmentalist should support a move in that direction.

If you find a so-called “environmentalist” who is against Nuclear Power, they are either ignorant on the subject matter or a watermelon.

Posted in economy, energy, Environment, Nuclear Power | No Comments »

Christmas Cards for Recovering American Soldiers

When filling out your Christmas cards this year, take ONE CARD and SEND it to this address:

If we pass this on and everyone sends one card, think of how many cards these soldiers could get to bring up their spirits!

Posted in US Military | No Comments »