Will global warming bubble tank the future middle class?

Progressive presidents favor bubbles when it comes to the economy. President Bill Clinton did that with dot coms, and he turned affordable housing into one of the most powerful political weapons a president could wield.

By the time the housing bubble exploded, Clinton was long gone. Most had forgotten his passion-filled speeches aiming at a mortgage for every American. Even now many Americans don’t realize the housing bubble was built on the backs of the most vulnerable in society and the cost was passed on to taxpayers.

The next bubble progressives are shaping is based on global warming. Better to ask now than later: Will this bubble tank the future middle class?

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Mitt Romney's global warming misstep

Republicans, Tea Partiers and Libertarians are chatting on social media about former Massachusetts governor Mitt Romney’s global warming statement in New Hampshire. Romney’s campaign is still young, so he may have time to correct what I perceive as a major misstep on the trail.

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Inhofe shows grace under fire in global warming exchange

Sen. James Inhofe (R-Okla.) exchanged words with an independent journalist and enviro-activist about global warming. Inhofe has a new book coming out about the politics of global warming—The Hoax. Although the journalist and the activist quizzed him based on the premise manmade global warming science is settled, Inhofe didn’t back down.

The science of course is not settled. Hundreds of experts disagree with the political stance adopted by the UN global warmist regime.

Global warming has been a difficult theory to sell to the public—that difficulty and scandals over internal UN emails (ClimateGate) prompted alarmists renew their campaign with a broader label—climate change.

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What does astrology have to do with global warming?

Does astrology have anything to do with global warming? It does if you ask Kevin Horrigan, a writer for the St. Louis Post-Dispatch.

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God is great, frogs are good and (some) scientists are nuts

Remember the Great Frog Scare? Science blogger Anthony Watts (Watts Up With That?) has analyzed the reported decline in frogs attributed to various causes: the coal industry, farm practices and of course eventually global warming. Al Gore, a financier of the global warming empire, was only too happy to use the frog figure in presentations about his film ‘An Inconvenient Truth.’ We now know (thanks to a judge in the United Kingdom) Gore’s film had quite a few inconvenient untruths. As it turns out, that frog scare has a few as well.

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Missing from coverage of Obama’s speech: reality energy

By Kay B. Day

[Image of Earth from NASA, US Government.]We gathered ‘round the TV to listen to President Barack Obama’s speech about the oil spill last night, and as usual, he delivered with panache. There is no more capable orator than our president. His speechwriter did well too, injecting terms as symbols of a warrior president, terms like ‘battle’ and ‘siege.’ But while I praise the delivery of the speech, I take issue with the substance. And pundits are missing a key element that is also missing—reality energy.

Obviously the president wants the damages from the Deepwater Horizon explosion remedied and reimbursed. But the president obviously also wants to push an energy bill and he wants to stymie deepwater drilling because of greater risk.

Via the moratorium, Obama has dealt the US another economic blow, courtesy of politics rather than principles of good governance.

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