In Jon Ronson’s book “Men Who Stare at Goats,” one member of a wacky new Age, unconventional warfare unit explains, “we are trying to make the world a better place by having people jump around, screaming ‘Hoo-ah!'”
The book (and later hilarious movie) came to mind this week as various Biden Administration efforts to shape the market (and consumer choices) have collided with economic reality. President Biden looks more and more like the President who stares at goats trying to prove the power of mind over markets.
This month, the Administration has doubled down on grants for electric vehicles while pushing manufacturers to go electric. However, Ford is cutting production and laying off workers because of the lack of demand. Dealers are revolting as their lots are filling up with electric vehicles that no one wants.
This week, the Administration was embarrassed when energy developer Orsted withdrew from agreements with the State of Maryland to develop two offshore wind projects. The reason? The wind projects are simply not profitable despite the push for the Skipjack Wind 1 and Skipjack Wind 2 projects.
Federal and state pushes for all electric mass transportation fleets have also lead to problems. Cities like Asheville, North Carolina spent millions to buy more expensive electric buses only to find that they have to be recharged every 70 miles. Three out of five buses are now broken and cannot be repaired because the company that makes the buses has filed for bankruptcy.
Politicians have long sought to shape consumer demands or markets by sheer will . . . and billions of dollars. It has largely failed on a spectacular scale. However, they are rarely blamed when these bills come due years later without results. For example, the Obama Administration touted its investment in solar panels with a massive half billion dollar subsidy for Solyndra. After the photo ops with President Barack Obama, Solyndra would later collapse as did another government-subsidized company.
In his 1960 paper, Ronald Coase wrote his famous work “The Problem of Social Cost.” The work, associated with what became known as the Coase Theorem, argued, among other things, that, in a perfect market, it does not matter which party has an “entitlement” or legal advantage. The more valuable resource or product will prevail. For example, in his famous hypothetical involving a conflict between a rancher and a farmer, it did not matter (absent “transaction costs”) whether a state favored farmers or ranchers. The entitlement of the state only impacted the distribution of wealth, not the ultimate allocation of resources. The market would determine what is more valuable: cattle or crops.
There are many elements at work in these non-perfect markets. However, the general thrust of Coase is still relevant. Consumers drive market choices, not entitlements or subsidies. Federal subsidy programs are often as effective as yelling at a storm to stop it. President Biden is yelling at the market to go green, but the supply and demand elements are not yet present to make that a reality.
Nevertheless, the Biden Administration continues to try to manipulate the markets. Take the decision this week by Biden to halt natural gas export facilities on climate change grounds. Allies in Europe need increased natural gas exports to reduce their dependency on Russia. They are effectively funding the Ukrainian war on both sides by aiding Ukraine while buying Russian gas. The problem is that Europe, which has embraced green energy, has found that it cannot sustain their populations or industry. The question is whether reducing exports will change that equation. Europe wants to go green, but it is likely to simply turn to Russia for the cheaper energy source.
None of this computes with those gluing themselves to rare paintings. The fact is that most of us are concerned with climate change and support efforts to reduce carbon pollutants. Moreover, consumers have no yen for fossil fuels. If the cost and convenience of electric cars improves, the market will likely shift. However, politicians trying to pick winners among technology rivals has rarely worked economically. Yet, it has worked politically. No one, including Obama, faced repercussions for disasters like Solyndra and other companies. Photo ops were held, billions spent, and virtues signaled . . . and the public was left holding the bag
Despite the recent denial of Energy Secretary Jennifer Granholm, President Biden once promised “I want you to look at my eyes. I guarantee you. I guarantee you. We’re going to end fossil fuel.” It is just a matter of focus of mind over markets.
As you look into his eyes, just remember, as Ronson wrote, “we are not just soldiers, we are men who stare at goats.”
“Stares at Goats”? The problem of government intervention in the market is neither a novel concept or new in terms of approach. The typical result is massive waste of taxpayer monies and resources by people that have zero understanding of markets.
Want an entertaining read and brief history on some of the more notable government market intervention fiascos? Read Burton and Anita Folsom’s book “Uncle Sam Can’t Count”.
And we really wonder why, for example, when taxpayers pay for all people’s (the freeloader crowd) college bills that those institutions end up lowering standards so as to graduate those individuals? And then they go on to hire those same incompetent individuals as leaders of those same colleges? Staring at goats, indeed!
This started with Al Gore.
‘𝐖𝐞 𝐜𝐚𝐧 𝐫𝐞𝐜𝐥𝐚𝐢𝐦 𝐜𝐨𝐧𝐭𝐫𝐨𝐥 𝐨𝐟 𝐨𝐮𝐫 𝐝𝐞𝐬𝐭𝐢𝐧𝐲,’ 𝐀𝐥 𝐆𝐨𝐫𝐞 𝐬𝐚𝐲𝐬 𝐨𝐟 𝐜𝐥𝐢𝐦𝐚𝐭𝐞 𝐜𝐡𝐚𝐧𝐠𝐞
The former vice president found hope in the possibility that humans have the tools to repair the planet.
By: David Cohen ~ 12/24/2023
https://www.politico.com/news/2023/12/24/al-gore-climate-change-00133166
That said, it is yet another example of Top-Level ‘Former’ Government Officials pushing an Agenda after their appointment to Office.
This happen in all the branches of Government. It’s a practice that has consequences that are expensive to the Tax Payers,
be it; Climate Change initiatives, Military Quest, or Market ROI…
In a different respect, The ESG Climate Change initiative is part of the need for a ‘Paradigm Shift’ to stimulate and support the economy.
Just like the Personal Computer spawned decades of Tech economic growth, so to the ‘Shift’ to Electrical Mobilization is spawning growth in sectors that have been idle for decades. This is important to domestic Industrial Manufacturing at all Tiers.
The new Child in the Paradigm is Artificial Intelligence. Interest have shifted from Electrification for the time being, but the seeds have been sown and you can expect that Domestic Manufacturing will be back. Hydrogen Mobilization is the next shift.
All this is good if the Politicians can keep the Technology and Manufacturing on Our soil. The Chinese have brought Industrial Manufacturing into such a massive capacity that ‘all of the rest of the World’ (combined) can not match it. They out produce Everybody. What’s left for Us to compete with resides in the ‘Imagination of Marketing’, and here to the Chinese are a very clever People.
The Politicians have not been minding the Backyard, They have been minding their own Pocketbooks. The Future they have been thinking about is not that of America, it’s the future of Their own retirement. Joe Biden is the epitome of that very idea.
The unlawful LNG pause stops 11 facilities that have made it through the permitting process and are ready to move forward with the building of facilities.
No matter what rhetoric put out about the LNG pause, The reality is, there has been no constitutional amendment to article 2. In other words, Biden has no constitutional authority to stop the LNG Facilities from being built. The LNG companies have completed the legal requirements set my Congress, which is law. Biden’s constitutional requirement is to make sure those “laws be faithfully executed.”
Our Constitution does not give him control of our resources, businesses, economy, and numerous other things that this president believes he can control. His actions are unconstitutional. Biden has zero constitutional authority and Congress has zero constitutional authority to give him new power and responsibilities without a constitutional amendment to article 2.
It takes about 3 yrs for an LNG fascility to come on liner – absent government interferance. These are massive investments.
NG production in PA and the east coast is way down – why ? Because massive amounts of NG are a byproduct of the oil fracking in the midwest.
Fascilities started during the Trump administration are the only reason that Europe has not completely collapsed in the Ukraine war.
Increasing USG LNG production makes the entire world a safe place. It dramatically diminishes he power of Russia, Venezeula, Iran, …
The War in Ukraine is the consequence of increases Russian leverage as a consequence of Biden energy policies enacted in 2021.
The War in Israel, the Suez Mess the recent death of US Soldiers are all the consequence of Bad Biden energy and foreign policy.
Lack of chargers is a major obstetrical for people wanting to get an electric car. Funding for more chargers makes sense. That is not market manipulation.
Did you read the article ? Coase is on of the 4 most brilliant economists of the past century.
Turley did evenrything short of print in 30pt bold type
If it makes sense the free market will do it.
I have Zero interest in debates over what choices government should make regarding the economy.
They are entirely a stupid waste of time.
I do not know if more EV chargers make sense. It might.
But I do know that left entirely on its own – the free market will get it right.
If EV’s are the future – regardless of wasteful government efforts to force fit things to what some bureaucrat thinks makes sense – that eventually EV’s will replace IC cars.
The market WILL get it right – whether the Biden administration will is a complete crapshoot,
and they are betting our future.
We will survive whether the choice government makes are good or bad – but we will be poorer.
Wrong.
The number one concern preventing people from buying EVs is range.
Second is chargers.
Also, the time required to charge a EV.
My daughter’s BF has a Tesla. It was down to 12%. He went to a known gas station with Tesla fast chargers. To go from 12% to 100% would take 45 minutes. He got it to 60% in about 30 minutes. Note, as the battery gets closer to 100% is actually slows down in charging to prevent damage to the battery. We continued our trip. Then we went home. It went from 60% down to 40% in that time.
Consumer Reports finds EV have nearly 70% more issues than conventional gas vehicles.
When taking into consideration for all the inputs of raw materials to include rare earth elements which requires a large degree of processing, the amount of energy production, the transmission lines to get that energy to the user, to then end state disposal safely of the batteries, an EV has a considerably larger carbon foot print than a conventional gas powered vehicle.
There is a shortage of EV charger technicians.
The chargers themselves are a source of income for thieves, namely the copper on the black market.
The idea of at home charging during off peak periods just creates a new on peak period as people are charging their EVs at home. As we have seen from the great failed state of CA, they were asking people NOT to charge their EVs when the grid was stressed under demand.
Gasoline-motorized transport is probably the most important invention in human history.
Jonathan: “Men Who Stare at Goats” was a very funny movie. But it was based on a real-life US military experiment in the 1970s and 80s to create “super soldiers” who could harness ESP to confront the enemy. Don’t know much about the program but the idea that the US Army could use “super soldiers” to change the behavior of enemy soldiers seems a bit bizarre.
But what’s really bizarre is that the movie doesn’t compare with your attempt to portray Joe Biden as “the President who stares down goats trying to prove the power of the mind over markets”. Markets are subject to manipulation all the time–by hedge fund managers and others who think they know how to stare down the goats. That has caused all sorts of market instability–even economic crashes.
But Joe Biden has something else in mind. He has been promoting clean energy since he stepped into the WH. His $369 billion Inflation Reduction Act is the largest investment in clean energy–providing incentives for wind and solar. But the “markets”, the fossil fuel industry has fought him tooth and nail. But it is interesting that between 2011 and 2020, when DJT was president and fought renewables, the US quadrupled the share of electricity it gets from solar and wind. And over the first 6 months of 2022, nearly a quarter of US electricity generation came from renewables. But that progress fell short of Biden’s goal of 100% clean energy by 2035.
The problem for the naysayers, like you, is that states are also stepping up to the plate. In California, under Gov. Newsom, a new law mandates that all new vehicles must be zero-emission by 2035. But, yes, the COVID-19 crisis caused disruptions in the supply chains for solar panels. Wind and solar production suffered. But it’s more a case of two steps forward and one step backward. So the arch of progress is uneven but moves steadily upward.
Joe Biden is not staring at goats. He sees the reality. That if we don’t get off fossil fuels, and do it rapidly, the future of a livable planet, could well be in jeopardy. Goats will drop dead all right–not because we are staring at them but because they won’t be able to breathe the air.
And what does DJT propose to solve the climate crisis? “Burn baby, burn”. He thinks climate change is a Chinese hoax. That ignoring the problem it will make it go away. Now that is “staring at goats” and expecting them to just drop dead!
Markets are not subject to manipulation. What you describe as market manipulation is quite litterally how the market works.
What a hedge fund manage does is place bets. What government does is USE FORCE.
Not that long ago we had the infamous case of the London Whale.
JP Mogran lost 4B dollars because a “whale” trader in London using the vast capital resources tried to manipulate the commodities market.
This was a massive example of exactly the market manipulation that you rant about – on an even larger scale.
Some small hedge fund managers in the great lakes region saw that something was wrong and were smart enough to bet Against the whale.
Others joined them and JP Morgan to a huge Bath.
Actually manipulating the market successfully – can not be accomplished without FORCE – ie Government.
Did you actually read Turley’s article ?
You certainly are not intelligent enough to read coase – though honestly as the most brilliant economists go – Coase is incredibly easy to read and understand.
Regardless, What Coase proved is that you can game this all you want. You can engage in manipulation. The free market or even the less free market is always going to prevail. The only question is how much damage and carnage you inflict in the process.
Leave the market alone – let Hedge Fund managers do whatever they wish. The free market will sort it out, and if EV’s are to be – we will shift to EVs. LEt government step in – the final outcome will be the same – it will take longer to get there, it will cost more to get there and our standard of living will be lower than it would have been.
I would note that Coase’s message – aside from some small contributions is just the continuation of something about 300 years old – called economics. Or as we must distinguish today – Classical liberal economics.
What should government do to solve the Climate crisis ? Nothing. Again read the article – if there is a crisis the free market will solve it all by itself efficiently.
We had an exceptionally warm December Globally – and yet STILL the average global temperature increase over the past 4 1/2 decades is the same as the average global temperature increase for the prior 250 years.
At the current rate of warming the difference between 2100 and 2025 will be about the same as the difference between 2025 and 1979.
Between 1979 and the present:
The population of the world more than doubled.
The standard of living in the world more than doubled.
The number of people dying of starvation became almost unmeasureable.
The daily food intake of people in the world doubled.
Life expectance increased by decades.
The quality of our water and air improved.
The amount of land dedicated to agriculture declined by 1/2.,
So we are feeding twice as many people twice as much food on half as much land.
During this “global warming Crisis” – what has not gotten better ?
Has the arctic melted ?
At the current rate of loss Greenland will take 200,000 years to be ice free,
Antartica will have MORE ice than it currently does.
This is of course totally bogus – because we are in a warm period between periods of glaciation.
We had better hope and pray that CAGW is real and powerful or Things will go completely to hell in the next 10,000 years.
And science we are talking science – how well did Covid go ?
Given that the “science” of pandemics is many orders of magnitude simpler that CAGW
That you can similulate a pandemic on your laptop in faster than real time,
and that you can not simulate CAGW on the fastest supre computers in the world without radically simplifying them math.
Given that the science of virus’s is infinitely simpler than climate.
Given that virtually NONE of what we were told about Covid proved true.
Why is it we should buy another fraudulent malthusian garbage from you ?
There is one and only one reason that the idiocy of CAGW is not laughed out of the ballpark, and that is like the idiocy regarding Covid, left wing nuts leverage it to pretend that they need absoltue power to combat this terrifying but non existant threat.
Read Turley or more accurately Coase AGAIN – if by some miracle any of your beleifs are actually true – the free market will deal with them far better than government.
Your idea of proof that markets do not work is to claim that when Trump fought government sticking its nose where it did not belong that a great deal of what you want was accomplished.
At the end of 2022 Solar was 1.8% of US energy.
Wind 3.84%
Geothermal 0.21%
Biomass (Trash to steam) 4.88%
Hydro 2.31
That is not “nearly a Quarter” That is not “nearly an eighth”
And almost half of “Renewable energy came from burning our trash.
The above is TOTAL US energy consumption.
About 1/3 of that was Electricity. Renewables make a larger percentage of Electric generation. They do NOT make much dent in total energy consumption.
US Energy WASTE is 67% of all energy produced
Electric Energy Waste is about 67% of all energy produced.
Finally All “renewable” energy – except Biomass, requires either storage of some kind or an equal alternate.
The only cost effective storage system we have is hydro and we have done NOTHING to expand Hydro systems for energy storage.
Batteries are massively expensive, inefficient, wear out and involve toxic substances and we have no possibillity of producing a tiny fraction fo the batteries we need.
Therefore all renewable energy requires an equal sized conventional backup or put differently all renewable energy costs twice as much as conventional energy.
Dennis, I do not have the hubris that you do, that I beleive I can predict our future problems and their solutions.
50 years from now all kinds of technological advances could mean that we are using almost entirely solar energy and we have cheap batteries that store unbelievable amounts of energy cost effectively.
it is also possible that global energy in 50 years is provided entirely by Thorium nuclear plants.
What I do know that you do not – is that no matter what – if government does not do a damn thing in the markets,
We will be fine in fact we will be better than today.
Just as we have always been better 50 years later through the entire past millienia.
So what is it that we got for $329B ? Inflation came up to 3.4% again – every single time the Fed hints at lowering interest rates – inflation returns. You touted economic growth numbers that were LOWER than inflation. But why would you assume that growth would be solid – when inflation is up and interest rates are way up ?
The only reason we have not had a recession – arguably we have had a mild one, is because the Fed is trying to game the system to avoid a recession – but this is not working because it still has not cleared inflationary pressures and the moment interest rates come down – a necescity for real growth – inflation rushes back.
Why would you expect things to get batter when Our president and the democratic party thinks that the very thing that cased inflation will cure it.
$329B is 1000 dollars for every man woman and child in the US.
Would you have spent that $1000 on reneable energy ?
Or maybe something that you can actually use – I need a new roof.
Seems an easy choice to me.
California has a $68B Budget deficit – largely because rich people are fleeing the state, and even the not so rich.
Left wing nuts are actually celebrating that they have taken a state with possibly the greatest natural advantages, and are rapidly turning it in to a bankrupt $hithole.
California is NOT a model for other states.
“Joe Biden is not staring at goats. He sees the reality. That if we don’t get off fossil fuels, and do it rapidly, the future of a livable planet, could well be in jeopardy. Goats will drop dead all right–not because we are staring at them but because they won’t be able to breathe the air.”
Please name a single malthusian progositication EVER that has happened ?
Did Covid wipe out humanity ?
Did ANYTHING any government did help ? ANYTHING.
You argued that Trump botched Covid – yet 3 times as many people have died of Covid under Biden.
And currently excess deaths from other causes are twice what the highest death rates from Covid were – EXCEPT in Sweden and undeveloped countries where they did NOTHING.
Well, a large portion of the covid related deaths under Biden were from deadly dangerous mRNA vaccines from pfizer and moderna. Note that there were NO vaccines given during Trumps time in office. Joe Biden and the vaccines killed all those poor lost vaccinated slobs.
How many std-dev are the climate models away from reality today ? 3 ? 4 ?
There is no longer a single climate model out of something like 50 that is not running hotter than reality.
The earth is warming – at the same rate it has been for the past 250 years.
If we are lucky it is not going to start to cool.
“they won’t be able to breathe the air.” You are reading from an old playbook. The air has gotten cleaner in the past 50 years as automobile usage has increased. Can’t they give you updated propaganda?
“Burn baby, burn”
Trump’s quote is: “Drill, baby, drill.”
Those who continuously lie to smear, have no moral compass.
Article 1, Section 8, provides Congress NO power to tax to fund the promotion of electric vehicles or any other products, to create incentives to increase product sales, or to otherwise compel the decisions of individuals regarding purchases.
Article 1, Section 8, provides Congress NO power to regulate the design, engineering, manufacturing, or marketing of electric vehicles or any other free enterprise products, or to participate in any segment or activity of the processes of free enterprise, private industry, and free markets.
The Constitution is not the Communist Manifesto, and it does not provide Congress any power to conduct any form of central planning; central planning is unconstitutional.
Under the U.S. Constitution, the government is severely limited and restricted while the people are provided maximal freedom.
Private property is not public property, and private property is not subject to any congressional mandate or edict.
To wit,
“[Private property is] that dominion which one man claims and exercises over the external things of the world, in exclusion of every other individual.”
– James Madison
The lack of common sense is breathtaking. Who is going to buy an F150 EV? Maybe some fake cowboy in the city. Haven’t seen too many of those.
It’s gotten so bizarre that the goats are now staring at Biden.
Young,
“It’s gotten so bizarre that the goats are now staring at Biden . . .”
And they are wondering “What the heck is wrong with him? The senior goats paddock is over there.”
I have goats. They are smarter than Biden by far.
It’s called crony capitalism.
The discussion of economics, distribution/re-distribution of resources, etc is circling around one great truth. The policies and decisions by whoever is using The Big Guy, Bribery Joe Biden, as the Soviet Democrat party figurehead are grounded in this:
These are decisions made for purely political purposes. Critical Environmental Theory, economics and the welfare of Americans have absolutely nothing to do with them.
It’s 100% Soviet Democrat cultural, political, and economic Marxist politics. Just that simple.
Kind of like this is actually Obama’s Third Term. Same policies and narratives of Obama’s Second Term.
Telling to see how the Soviet Democrats’ stenographers in the mainstream media used to write weekly about how often Biden spoke with and consulted with Obama when The Big Guy began his term in office. When was the last time they wrote about Biden consulting with Obama after the Afghanistan debacle, soaring inflation moving towards stagflation, the havoc being wreaked by inviting and welcoming 10 million Illegal Aliens into the country?
@Oldairbornedog
You are not wrong. And bear in mind that with our current reunification laws, 30 million people will overnight become a multiple of at least five, if amnesty is granted, and with the immigration ‘proposal’ that would be permanent. We would be Venezuela within a very short few years if this continues. That mayors like New York’s have responded in the manner they have tells me they are mighty asleep to the realities in their privileged bubbles, and more shockingly – the rest of us simply do not matter, if we even exist in their minds.
Everything you have said is spot on, and we need to start fixing it now; time is NOT on our side. The damage that is *already* done, in just three years, will take generations to fix, beyond that – I don’t know if we can, and the kids of today will never understand that. Our modern dem party is beyond redemption, they are absolutely the Soviets of the Cold War or the aristocracy of far earlier times (funny how anti-religion they are, when they are basically the Spanish Inquisition) and unless toilet paper made of wood chips that cut your butt while the elites still have Charmin is what you want for your daily life, the time to reverse course is now or never.
2024 will make or break this country, and perhaps the entire Western world. The idiot young people (and make no mistake, they are idiots the likes of which the world has never seen) supporting all of this have no idea what is in store for them, because their parents and teachers have actually taught them nothing of import whatsoever. This is already in motion, today, right now. Do we stop it? Or do we insist that someone like Trump, or any outlayer, is the devil and ironically watch ourselves burn?
I grieve for this world, I do. Biden is just the most obvious example of the elitist mentality currently seeking to destroy freedom for people that aren’t in ‘The Club’. I hope that enough of us fight even half as hard for what we cherish as the Professor and the conscientious people hanging around here. This is probably the saddest time in human history since the Middle Ages. Anyone that thinks ’15 minute cities’ are anything but serfdoms needs to read some more books and listen to people wiser than them or look at countries that have already gone down this path. Do not go gentle into the winter night. There is literally *nothing* redeemable about the modern dem party. Not a thing. And whimsicalmama nailed it above. I do not know we resolve this. A scant three years of dems holding the White House could take generations to fix, but that relies on us preparing future generations and we aren’t. Not at all, not ven a little bit. Instead of buying your kids an Apple Vision Pro, try thinking about the fact that you will have to ive in the world you are creating too, and act accordingly. 2024 may be our last chance.
I guess the way the thread works, whimsicalmama is actually below, but she is spot on.
Dang. The typos are rampant in my post. C’est la vie, we cannot edit them. And I actually think that’s for the best, for the most part. Unfiltered.
The whole Dang family cannot edit, but it can proofread, or not, as the case may be.
James,
Do not worry about the typos.
Anyone with any degree of thinking skills can read, over look the typo, and still know what you meant.
More than a few on the good professor’s blog are using phones to post. I can easily over look that and still get the message.
Just takes a degree of critical thinking.
Now, when watching a video of Joe Biden trying to read off a teleprompter and still saying something that is so unintelligible, even after several viewings I still say, “WTF is he saying?”
That is different.
Dear Prof Turley,
It’s impolite to stare. Biden may be the Goat (Greatest of all time.).
Biden Declares ‘I’ve Done All I Can Do’ At the Border: ‘Give Me the Power!’ (via Messenger) You can’t beat that with a stick.
I read with interest recently the Chinese have taken to simply ‘replacing’ batteries for EVs at re-charging stations. Takes about 3 min., less time than a petrol fill-up. And they wash your windshield while you wait.
*the Chinese may build Silk Roads .. . but it takes a Goat to build bridges all the way across the Pacific ocean.
@dgwhatever
🥱 Another day, another troll. 🥱🥱🥱😴😴😴
He already has the power. He always has.
He just refuses to enforce it.
The Border Patrol has been saying that for years.
The only thing Biden is great at is eating icecream, sniffing little girls hair, going on vacation, and avoiding press conferences,
@Upstate
Yes, and that he’s tried to use it as an excuse to be granted unilateral ’emergency’ power should be telling. EO Obama, with his famous pen, is definitely still running things. Agree or not, but tinfoil hat me thinks all of this stinks to high heaven. That it has pervaded very nearly all of our institutions is alarming, to say the least. We are never going to get young people to vote for anything but their fragile feelings. Really: its up to us. u/se the majority we still hold by a margin as older voters and stop this in its tracks. if we don’t, then we are done. Do not presume your kids will hit some fictional wall of maturity and magically decide to be better.
James,
Well, my kids are grown and out on their own and doing well. Why? They have a degree of common sense, maturity since they were young, and mostly conservative values. That is why they are not even 30 yet, have a house with a low interest rate, have a savings account with enough money to cover a large emergency, go on some great vacations even over seas, and firearms. As a parent, I always worry about them. Heck, my parents still worry about me, as any good parent should. But they are adults now and can handle themselves quite well.
Honestly, I worry more about my son then my daughter. My daughter is the better shot.
Careful Professor, you are straying pretty far from what is supposed to be a Legal Blog.
And JJ is right. You need a new proofreader. Your typos and other errors are getting to be a distraction.
I have a sense that, at any second, there will be a mass migration to the wiseoldlawyerblog post haste.
“President Biden looks more and more like the President who stares at goats trying to prove the power of mind over markets.”
*****************************************
Actually, Biden is a guy who stares at little girls. Maybe he’s confused about “kids.”
Excellent!
As the victims’ parents and attendants gaze in profound abject horror and disgust!
I mean, we all know!
As Professor Turley notes, the Coase Theorem states that “The entitlement of the state only impacted the distribution of wealth, not the ultimate allocation of resources.” But, except for the naive proponents, Biden and others pushing the “green” agenda do not care about the ultimate allocation of resources. Their aim is to use government authority to redistribute wealth from others to themselves, and they have succeeded handsomely.
The law Democrats enacted that they intentionally misnamed the “Inflation Reduction Act” was a green boondoggle for Democrat donors in alternative energy businesses. I read recently that John Podesta is the man in charge of allocating over $300 BILLION. He has a tough job trying to decide which Democrat crooks to enrich.
Three out of five buses are not broken and cannot be repair because … Typos. Should say “now” not “not.” Also should say “repaired” not “repair.”
Excellent article as usual despite the fact that I think even Mr. Turley misses what the public attitude toward green really is. Fossil fuels aren’t actually exclusive to fossils and are not in short supply like the overlords are pushing. The greenhouse gases that so terrify the uninformed are the very gasses we rely on for existence. EV is a foolish pipe dream that ignores how un “green” they actually are and even if they were the cost of owning one is more than just the extravagant price of the vehicle, it is the inability to repair batteries, time lost charging, inability to work in cold, cost of charging and so on. Internal combustion engines and hybrids are by far the more economical and environmentally sound than are the EV’s. Wind and solar power are great for a single home that is also connected to the grid but useless and dangerous to humans and wildlife when done in mass scale. My experience with public attitude towards green is that it is foolishness that only fools abide.
Solyndra, teapot dome, bridges to nowhere, Vietnam, Saudi Arabia, Iraq, afghan, Syria,us colleges, public schools, holes in the ground filled with taxpayer money.
Absolutely Correct!
The perfectibility of mankind via government fiat – that is the progressive mantra. Forget about reality and ingrained human nature. Surely a million woke faculty in a lounge chattering will eventually produce the perfect plan for saving mankind –
Just a comment…. double check your copy… auto correct is messing up….