Government Spending Archives - Page 10 of 27

Global Warming Scam

Investors Business Daily has the full text of the October 6, 2010, letter that Harold Lewis, emeritus professor of of physics at the University of California, Santa Barbara, sent to Princeton’s Curtis G. Callan Jr., in which he resigned from the American Physical Society. He said:

“When I first joined the American Physical Society 67 years ago it was much smaller, much gentler, and as yet uncorrupted by the money flood . . . . How different it is now. The giants no longer walk the earth, and the money flood has become the raison d’être of much physics research . . . . For reasons that will soon become clear my former pride at being an APS Fellow all these years has been turned into shame . . . .

It is of course, the global warming scam, with the (literally) trillions of dollars driving it, that has corrupted so many scientists, and has carried APS before it like a rogue wave. It is the greatest and most successful pseudoscientific fraud I have seen in my long life as a physicist.

Anyone who has the faintest doubt that this is so should force himself to read the ClimateGate documents, which lay it bare. (Montford’s book organizes the facts very well.) I don’t believe that any real physicist, nay scientist, can read that stuff without revulsion. I would almost make that revulsion a definition of the word scientist. . . .

the ClimateGate scandal broke into the news, and the machinations of the principal alarmists were revealed to the world. It was a fraud on a scale I have never seen, and I lack the words to describe its enormity. . . .

APS management has gamed the problem from the beginning, to suppress serious conversation about the merits of the climate change claims. . . .

This scheming at APS HQ is so bizarre that there cannot be a simple explanation for it.

Read the entire letter to learn how money has corrupted science.

Government Sends $18 Million of Stimulus Dollars to Dead People

I’ve got a great idea. Let’s give the incompetents who sent checks to 72,000 dead people control of the entire U.S. health care system, which is one seventh of our national economy.

President Obama’s Tax Piracy

The American Spectator: “Among the bonehead increases that beckon to shove the economy back into recession is a nearly 20% increase in the top two income tax rates, counting the phase-out of deductions and exemptions. The top capital gains tax rate is scheduled to soar by nearly 60%, counting the application of Obamacare’s new 3.8% tax on investment income. The tax rate on dividends is scheduled to nearly triple, from 15% to 43.4%, counting the new Obamacare tax as well. The Obamacare legislation also increased the Medicare HI payroll tax rate by 62% for the nation’s employers and investors. On our current course, the death tax will rise from the grave next year with a 55% top rate. . . . “

“A family of four earning $50,000 per year will pay more than $2,100 in higher taxes. A single mom earning $36,000 per year will pay over $1,100 more in taxes. Married senior citizens earning $40,000 per year will pay more than $1,400 in higher taxes.”

Food Stamp Recipients at Record 41.8 Million Americans

Yea team! The U.S. is setting new records. Bloomberg: “The number of Americans receiving food stamps rose to a record 41.8 million in July as the jobless rate hovered near a 27-year high, the government said.” See “Gingrich brands Democrats ‘party of food stamps’ “Suburbs take hit as US poverty climbs in downturn” and “NY seeks to ban sugary drinks from food stamp buys.”

Another record – “New Yorkers’ Income Falls for 1st Time in 70 Years.”

Taxing the Rich – the Trouble with Progressive Economics

Reason: “a tax cut is not a handout. It simply means government steals less. What progressives want to do is take money from some—by force—and spend it on others. It sounds less noble when plainly stated. That’s the moral side of the matter. There’s a practical side, too. Taxes discourage wealth creation. That hurts everyone”