Tie CO2 Tax to Temperature

John Tierney relays today what seems like a very sensible idea from economist Ross McKitrick, tie a carbon tax to the temperature.  If the temperature rises the tax goes up, if the temperature does not rise (as McKitrick, a climate change skeptic thinks) the tax will stay at a low level.  Temperature of the troposphere would be measured by satellite at the equator and averaged over a period of time…In theory, both climate change proponents and skeptics ought to agree to this proposal, but I predict the proponents will object.

From Tie CO2 Tax to Temperature

Brilliant.

The Nation of Futurity

The Chinese now have lavish faith in their scientific and technological potential. Newsweek and Intel just reported the results of their Global Innovation Survey. Only 22 percent of the Chinese believe their country is an innovation leader now, but 63 percent are confident that their country will be the global technology leader within 30 years. The majority of the Chinese believe that China will produce the next society-changing innovation, while only a third of Americans believe the next breakthrough will happen here, according to the survey.

From
Op-Ed Columnist – The Nation of Futurity – NYTimes.com

David Brooks’ latest is a must read.

Will You Go To Jail If You Don’t Buy Health Insurance?

Will You Go To Jail If You Don’t Buy Health Insurance? No.

Section 501 of the House bill imposes a tax of 2.5 percent of adjusted gross income. You are exempted from the tax if you already have qualifying health insurance from your employer, if you receive benefits from Medicare or Medicaid, if you are a dependent, if you are overseas, and if you have religions objections. You also get subsidies in the form of tax credits and tax deductions if your income is below a certain level; and if you are in poverty you are already exempted because you participate in Medicaid. If you are not exempted, and you don’t purchase health insurance, you just pay a higher tax. You don’t go to jail.

From Will You Go To Jail If You Don’t Buy Health Insurance? – The Daily Dish | By Andrew Sullivan

This should not be shocking considering the pattern of hyperbole from the defenders of the status quo.

Krugman: Nobody could have predicted

First, those who don’t want to nominate Hillary Clinton because they don’t want to return to the nastiness of the 1990s a sizable group, at least in the punditocracy are deluding themselves. Any Democrat who makes it to the White House can expect the same treatment: an unending procession of wild charges and fake scandals, dutifully given credence by major media organizations that somehow can’t bring themselves to declare the accusations unequivocally false (at least not on Page 1).

From Nobody could have predicted – Paul Krugman Blog – NYTimes.com

Don’t you hate it when he’s right like this?

The Town Hall Mob

There was a telling incident at a town hall held by Representative Gene Green, D-Tex. An activist turned to his fellow attendees and asked if they “oppose any form of socialized or government-run health care.” Nearly all did. Then Representative Green asked how many of those present were on Medicare. Almost half raised their hands.

Now, people who don’t know that Medicare is a government program probably aren’t reacting to what President Obama is actually proposing. They may believe some of the disinformation opponents of health care reform are spreading, like the claim that the Obama plan will lead to euthanasia for the elderly.

URL: http://www.nytimes.com/2009/08/07/opinion/07krugman.html?_r=1&partner=rss&emc=rss

I am so glad there are brave people out there protesting Obama’s plan to take over Medicare and turn it into socialized, government-run health care.

Arthur Laffer is against government take over of Medicare

If you like the Post Office and the Department of Motor Vehicles and you think they’re run well, just wait till you see Medicare, Medicaid and health care done by the government.

URL: http://www.salon.com/politics/war_room/2009/08/04/qotd/index.html

I am so glad there are brave people out there like Arthur Laffer; of Laffer Curve fame; protesting Obama’s plan to take over Medicare and turn it into socialized, government-run health care.