- The EPA has ruled the Polar Bear is a threatened species. This is a back door implementation of Kyoto in the U.S., as almost any project can now be challenged by tree huggers by stating that any greenhouse gas emmisions anywhere in the U.S. threaten the polar bear. Never mind the dubious science, just think of the costs that consumers will pay as any electric plant, refinery, factory, oil platorm, aggregate plant will now have millions in compliance costs from lawsuits. Hugh Hewitt has more on this.
- A Canadian court has delayed the Kearl oil sands development by Imperial Oil, citing environmental concerns. This will ensure that energy independence will be a pipe dream without a significant decline in standards of living. The hypocricy of the left on this matter, who decry high energy prices while doing everything in their power to prevent practical solutions.
- The U.S. House of Representatives passed a pork laden farm bill, providing billions of dollars of subsidies to millionaire farmers during times of record crop prices. This is a bill that should be vetoed, as it takes tax monies from American families to subsidize millionaires while doing nothing to address rising food costs.
If I didn't know better, it is the 1970's redux. Seems like it only takes elected officials 25 years to ignore the errors of the past. I'm waiting for WIN (Whip Inflation Now) buttons, price controls, gas lines, pet rocks, and disco to come back.