Thank you for stopping by for a visit. You are invited to read and comment on anything posted on this blog. I advocate the maximum amount of Personal and Economic Liberty, consistent with the defense of individual rights. I am fiscally conservative yet socially tolerant, I favor lower taxes, free trade, individual rights, strong national defense and limited government. I subscribe to the Freedom Fighters Creed: I am an American Patriot, defender of the Constitution, First Principles and Essential Liberty.

I believe that buried deep down inside every Conservative you'll find a Libertarian - And Inside Every Liberal Is A Totalitarian Screaming To Get Out.

"One of the penalties of refusing to participate in politics is that you end up being governed by your inferiors" - Plato

FYI any crude or vulgar comments will be removed from the blog.

Saturday, August 7, 2010

Cap and Trade: An Inconvenient Tax

Given President Obama’s focus on climate change, we begin by asking whether the administration’s carbon reduction targets are realistic; whether they are likely to have a significant impact on global temperatures in the relevant political time frame; what it will cost to achieve these targets; and what regulatory controls (e.g., trade policies) would be necessary to make them effective. We emphasize political time frame because politicians seldom see beyond the next election cycle, whereas the effects of and solutions to global change require decades.

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