Category: Roadkill

Y2Kyoto: The World Is Being Run By Crazy People

Seattle Department of Transport spokesman Rick Sheridan;

“Light rail was meant to be fed by people taking the bus, walking or biking. It was not mean to be fed by cars.”

Reader Lee M. writes;

Thus
no parking lots near most of the train terminals. After packing the trains (free fare) over the weekend the new system commenced paid operation this morning and …. around 8 a.m., trains were arriving at Tukwila from downtown Seattle with fewer than 10 passengers aboard.
$165,467,625. That’s the cost of building the system. Per mile.
Mercifully the rail, created to carry passengers from downtown Seattle to the airport, is only 13.9 miles. It’s 15.6 miles from downtown Seattle to the airport. But that’s being fixed.
This boondoggle was created by King County, WA Executive Ron “tax-to-the-max” Sims. Ron is now Obama’s deputy secretary of Housing and Urban Development.

Y2Kyoto: In Case You Haven’t Noticed

We’re winning;

General Electric has pulled the plug on its Earth Rewards MasterCard program due to lack of interest, ClimateWire reports.
A first-of-its-kind program, card users could set aside 1 percent of the value of their purchases for carbon offset projects.

Meanwhile… congressman Mike Castle (R – Delaware), meets his constituents at a town hall meeting three days after voting in favour of cap and trade. Things get really interesting at about the 4 minute mark.

(via WUWT)

Long-Term Budget Outlook

Federal Debt Held by the Public Under CBO’s Two Budget Scenarios (As a percentage of GDP)

From the Congressional Budget Office;

Under current law, the federal budget is on an unsustainable path—meaning that federal debt will continue to grow much faster than the economy over the long run. Although great uncertainty surrounds long-term fiscal projections, rising costs for health care and the aging of the U.S. population will cause federal spending to increase rapidly under any plausible scenario. Unless tax revenues increase just as rapidly, the rise in spending will produce growing budget deficits and accumulating debt. Large budget deficits would reduce national saving, leading to more borrowing from abroad and less domestic investment, which in turn would depress income growth in the United States.”

PDF
WaPo offers the understatement of the decade: “Like his predecessors, Mr. Obama is aware of this issue. Like them, he has promised a plan to deal with it. And like them, he has not come up with anything credible yet. It’s time for that to change.”

Obligatory Stanley Thread

Being that I’m a fan of the Ottawa Senators, I haven’t watched a game this year.
I guess I’ll have to change that tonight…and beer. Lots of beer, it’s been a hellish couple of days of work.
FWIW, Detroit by two. Home teams aren’t losing.
Cheers,
lance

Everything You Always Wanted To Know About Getting Screwed Over*

(*But were afraid to ask)
Related: “It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism. But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.” (h’t Kathryn)
Ugh.

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