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Over at Fox News Alex EPSTEIN writes about “The 6 Myths About Oil”:
Every American consumes an average of three gallons of oil a day. Republicans and Democrats call this reliance on oil an “addiction”—an irrational, self-destructive habit that must be broken as soon as possible. This year’s BP oil spill disaster is only making the chorus to “end our addiction to oil” louder. But if we examine the most common arguments for this idea, we see that they are myths. Oil is a vital, viable, and desirable part of our energy future.
He goes on to list 6 myths (and their corresponding realities):
Myth #1: America’s reliance on oil is an “addiction”—an irrational, self-destructive habit. Reality: America’s use of oil brings indispensible value to our lives.
Myth #2: There are “green” technologies that are just as good, or better, than oil. Reality: There is zero evidence that any “renewable” can replace oil in any foreseeable future.
Myth #3: Because oil is finite, it will inevitably run out. Reality: There’s a lot more oil than you think—and if we have a free market in energy we will ensure that we find superior substitutes long before we run out.
Myth #4: Because oil is mostly in other countries, they can cut us off at will and create an economic catastrophe. Reality: International trade makes our energy supply more secure—and far more affordable.
Myth #5: Because oil money funds hostile dictatorships (Iran, Saudi Arabia) by using less oil we can make them poorer and make ourselves more secure. Reality: Direct threats to America must be fought through direct and decisive military action—not through multi-decade, sacrificial schemes to lower oil prices.
Myth #6: Because the burning of oil produces CO2, oil is a deadly pollutant that must be severely capped. Reality: Carbon-caps, not carbon emissions, are the real deadly threat to human life.
President and chief market strategist of IFI, Richard Salsman, in addition to his duties at IFI, will be writing a weekly column on politics and economics for Forbes.com, under the title series “The Capitalist.”Richard’s inaugural column – “Where Have All the Capitalists Gone?” is retrievable at http://blogs.forbes.com/richardsalsman/
The hilarious Tim Hawkins' take on the Candyman can.(Hey everybody! Gather 'round! I'm here to give you anything you like! You want a car, money, mortages?! Whatever you like! You have come to the right place! Why? I'll tell you why!)Who can take your money? (Who can take your money?)
With a twinkle in their eye? (With a twinkle in their eye?)
Take it all away and
Give it to some other guy[Chorus]
The Government (the Government)
The Government can! (The Government can!)Who can tax the Sun rise? (Who can watch the Sun rise?)
Who can tax the trees? (Who can touch the trees?)
Let you run a business and
Collect up all the fees[Chorus]The Government can 'cause
They mix it up with lies and
Make it all taste good! (Make it all taste good!)The Government takes
Everything we make
To pay for all of their "sollutions"
Healthcare, Climate Change, Pollution
(Throw away the Constitution)Who can give a bailout? (Who can give a bailout?)
Tell us to behave? (Tell us to behave?)
Make the Founding Fathers
Roll over in their graves[Chorus]The Government takes
Everything we make
They're power hungry
And maliciousThe economics are fictitious
Soon we'll have to eat our dishes
Mmm! Delicious!Who can be a failure? (Who can be a failure?)
In so many ways? (In so many ways?)
Instead of getting fired, HEY!
We'll give ourselves a raise![Chorus]The Government can 'cause
He mix it up with lies and
Make it all taste good! (Make it all taste good!)
And your Uncle Sam can 'cause
He mixes it with lies and
Makes it all taste good! (Makes it all taste good!)And I feel so good
Because the Government
Says I should! Oh!...
Every week, Dr. Peikoff answers questions about Ayn Rand’s philosophy of Objectivism. The podcasts focus on human relationships, career, moral issues – not technical philosophy or practical politics.This week's question: Given the desperate state of the United States today and the future we seem to be heading toward, do we still have anything to be thankful for?Hear the answer at www.peikoff.com which includes an excerpt from hisupcoming book “The DIM Hypothesis”
Let younger people opt out of the Social Security system...so says the former chairman and CEO of BB&T John Allison. Here is a money quote: "You know, if you look at what killed democracies in the end, it’s always lack of personal responsibility,” said Allison. “And it’s when 51 percent of the people find out they can vote a free lunch from 49 percent, and then 60 percent want a free lunch from 40 percent, and then 70 percent want a free lunch from 30 percent, and that’s the end of the party. "All of this dependency on the federal government ends up attacking and almost punishing personal responsibility,” said Allison. “And America was built on the idea of individuals that are personally responsible and, therefore, have a personal right to control their own lives. And that’s what’s been under attack.”http://www.cnsnews.com/news/article/give-young-people-option-get-out-social
