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Tipsheet

Krauthammer On The Spill & The Speech

Charles Krauthammer explains why Obama's speech was so maddening:
It wasn't until the end of the speech — the let-no-crisis-go-to-waste part that tried to leverage the Gulf Coast devastation to advance his cap-and-trade climate-change agenda — that Obama warmed to his task.

Pedestrian is beneath Obama. Mr. Fix-It he is not. He is world-historical, the visionary, come to make the oceans recede and the planet heal.

How? By creating a glorious, new, clean green economy. And how exactly to do that? From Washington, by presidential command and with tens of billions of dollars thrown around.

With the liberal (and professorial) conceit that scientific breakthroughs can be legislated into existence, Obama proposes to give us a new industrial economy.

But is this not what we've been trying to do for decades with ethanol, which remains a monumental boondoggle, economically unviable and environmentally damaging to boot?
Read the whole thing here.

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