Danish authorities have just sunk another plot to strike the West. According to press reports, “Denmark’s intelligence service says it has arrested four people plotting what it called an ‘imminent’ terrorist attack against the Jyllands-Posten newspaper, which printed controversial cartoons of the Prophet Muhammad. The head of the agency, Jakob Scharf, described some of the suspects as ‘militant Islamists.’ He said the group had been planning to enter the newspaper’s building and kill as many people as possible.” It sounds like another “homegrown” plot. We have seen all too many …
Members of Congress like to play games and they like to spend money. What better analogy to use to describe Congress’s proposed green energy policies than the Price is Right? As Congress seeks to implement policy that would create green jobs by mandating renewable energy projects, three cautionary European tales suggest the U.S. should take a second look at cap and trade and renewable energy mandates. We’ll take you through a Price Is Right showcase style tour of three failed renewable energy initiative. Our first stop takes us to Germany …
… which country would it be? Just so we can all wrap our heads around how big President Obama’s Trillion-Dollar Debt Plan is, this graphic compares the pre-Senate debt plan costs with the GDPs of major nations: Just think of it: The deficit-spending package passed by House Democrats already is bigger than 168 of the 180 national economies measured by the World Bank. Now, in the Senate, it threatens to break into the Top 10 by catching up with Russia (No. 11) and then Brazil (No. 10).
Defending his call for the United States to adopt more European like laws mandating centrally planned levels of energy efficiency, The Center for American Progress’ Matt Yglesias writes: What would be desirable would be to … reduce America’s economic vulnerability to supply shocks associated with political instability in the world’s major oil- and gas-exporting regions. One good way to do this would be to take measures to reduce the energy intensity of America’s society and economy. When such measures are proposed, the right typically responds that any such measures would …
Matthew Yglesias kicked off his new Center for American Progress blog this week with a post favorably citing a Thomas Friedman article on Denmark’s energy sector. Yglesias writes: Denmark, by contrast, some time ago adopted policies aimed at promoting energy efficiency and conservation and, consequently, has an infrastructure that’s well-adapted to energy being expensive. Not only does that make Denmark greener than the United States but it also makes Denmark much less vulnerable to energy supply shocks than the United States is. And it is true, Denmark is more buffeted …
