Quotulatiousness

October 18, 2011

Politicians should stop lecturing us about our “obesity epidemic”

Filed under: Britain, Government, Health, Media — Tags: , , , — Nicholas @ 09:32

Rob Lyons in the Yorkshire Post:

I would argue that the obesity panic is greatly exaggerated, that the “cure” for it doesn’t work, and that it usually gets promoted by politicians who have no better way to justify their existence.

For starters, obesity rates have stopped rising for adults, and are actually falling for children. The latest figures from the Health Survey for England, the best source of information we have, show that in 2009, 22.1 per cent of men were obese — compared to 24.1 per cent in 2008; for women, the new figure was 23.9 per cent, as against 24.9 per cent in 2008.

In 2004, 19.4 per cent of boys aged two to 15 were regarded as obese; in 2009, that figure was down to 16.1 per cent. The equivalent figures for girls were 18.5 per cent (2004) and 15.3 per cent (2009).

Even then, what the medical profession regards as obesity and what we commonly recognise as obesity are two different things. About one in four adults is classed as obese.

Now, think about your workmates and friends. Would you really regard a quarter of them as obese? I’ll bet few of them match up to the typical picture that accompanies every story about obesity: a morbidly obese person, whose clothes are straining to hold in their tummies. Such very overweight people only make up about two per cent of the population.

In truth, distinctions between normal weight, overweight and obesity are pretty arbitrary lines, based on something called body mass index (BMI) — that’s your weight in kilos divided the square of your height in metres. BMI is not a particularly good predictor of health, except at the extremes. Those who are mildly obese have much the same life expectancy and health outcomes as those who are normal weight. Being a little underweight is almost certainly worse for you than being mildly obese.

October 14, 2011

Green beliefs, but brown realities

Filed under: Economics, Environment, Food, Media — Tags: , , — Nicholas @ 13:35

Patrick J. Michaels reviews a new book by Todd Myers, Eco-facts:

Just about every organo sacrament withers under Myers’ scrutiny. “Buying local” often means more dreaded greenhouse gas emissions from inefficient short-term shipment compared to the economies of scale when carloads of spuds ride the Burlington Northern Santa Fe across the country. “Certified Organic” means so much paperwork and oversight that mom-and-pop farms (another organo icon) get pushed out by corporate agriculture, which can afford to spend the time and resources satisfying bureaucrats.

Then there are “green jobs.” Solyndra is no outlier; governments are just very bad at picking winners and losers in the energy world. Myers documents the decline and fall of biofuel plants throughout the northwest. Inefficiencies destroy jobs. The Teanaway “Solar Reserve”, supported by an ever-increasing feed of taxpayer dollars, was supposed to be the “world’s largest”, supplying power to a grand total of 45,000 homes. That’s all you get?

John Plaza, CEO of the failed biofuel facility Imperium Renewables (you would think a better name would have helped) thinks it’s all the government’s fault. “What the industry needs,” he said, “is a two-fold support, a mandated floor, and incentives and tax policy to get the outcomes we’re trying for.” In other words, more expensive energy subsidized by you and me, and the government rigging the market. That will create jobs!

What is missing here (and everywhere else) is a comprehensive analysis of how much money the organo fads, follies and delusions cost us. Hopefully that will be in Myers’ next book. The incredible constellation of policy errors, wrongheaded logic and downright stupidity has to be extracting a dear cost from our very sick economy. It’s time to stop this. It’s time for you to read this book.

When will Tuvalu be inundated?

Filed under: Environment, Media, Pacific — Tags: , , — Nicholas @ 11:48

The answer, according to Lorne Gunter is . . . not very soon, if at all:

For nearly a decade now, the tiny Pacific island-group nation of Tuvalu has made news for its government’s claim that the archipelago is being swallowed up by rising sea levels caused by global warming. The island government has even considered suing the world’s largest industrial powers for emitting the carbon dioxide that many scientists believe is trapping solar radiation in the atmosphere and leading to allegedly higher global temperatures. When the highly vaunted UN climate summit in Copenhagen in Dec. 2009 failed to produce a successor agreement to the 1997 Kyoto accords, the Tuvalu delegation was not shy about expressing its disgust and outrage, claiming that world leaders had consigned them to a slow extermination. (So slow — over 100 years — that almost no current Tuvaluns will live long enough to be killed by the encroaching oceans and their descendents will have plenty of time to row to safety. But let’s not pick nits.)

[. . .]

Two American experts on coastal construction and sea-level — James Houston, director emeritus of engineering research and development for the U.S. Army Corps of Engineers, and Robert Dean, professor emeritus of civil and coastal engineering at the University of Florida — examined decades worth of data from all the tidal monitors around the U.S. and determined earlier this year that “worldwide-temperature increase has not produced acceleration of global sea level over the past 100 years.” indeed, the rate at which oceans have been rising has “possibly decelerated for at least the last 80 years.”

Houston and Dean are committed warmists. They started their study with the expectation that their results would show rapidly increasing sea levels. Instead, they found that the oceans around the U.S. had risen little in the 20th Century and that the far from rising faster due to global warming were actually rising more slowly. If the trend of the past 80 years continued, the pair estimated that at most worldwide oceans would rise by 15 cms (ankle depth) by 2100, rather than the one to two metres most recently projected by the UN, or the 10 metres estimated by Al Gore.

October 12, 2011

Britain decides not to follow German lead on nuclear power

Filed under: Britain, Environment, Technology — Tags: , — Nicholas @ 07:55

Unlike their European partners, Britain will continue to depend on nuclear power to provide a large part of their electricity needs:

Britain breathed a collective sigh of relief yesterday. The question on everyone’s lips had been answered. Following the Fukushima accident in Japan, was it safe to continue using nuclear power here in the UK? The answer from chief nuclear inspector Mike Weightman and his team, who had spent months undertaking research, was ‘yes’.

Of course, that finding didn’t actually come as a shock to anyone. And not just because the interim report, published earlier in the year, had already made it clear that the UK nuclear-power industry could learn few new lessons from the accident in Japan — but also because you didn’t need a PhD in nuclear-reactor design to recognise the Fukushima disaster was a unique situation that arose in an area of the world prone to earthquakes and tsunamis with a different, older model of nuclear-power station than that used in the UK. A similar event would be highly unlikely here, or anywhere in Europe, and existing safety regulations are extremely tight. Furthermore, despite the full force of nature being thrown at the outdated Fukushima plant — an earthquake measuring 9.0 on the Richter scale leading to tsunami waves up to 40.5 metres high — the disaster was largely contained and, to date, not a single individual has died from the radiation that leaked out.

[. . .]

Despite their best attempts to win over new recruits, the tiny handful of aging anti-nuclear protesters saw no swell in numbers, no matter how they tried to draw comparisons between the European situation and the disaster in Japan. Despite holding vigils and undertaking stunts, such as releasing balloons outside a nuclear-power plant symbolising how many days it had been since the disaster, hardly any of their planned ‘wave of protests’ were deemed newsworthy or interesting.

Actually, UK public opinion has shifted in favour of nuclear power. The results of a Populus poll published last month revealed that 41 per cent of the population believed the benefits outweigh the risks, a three per cent increase on the previous year; 54 per cent wanted more nuclear-power stations or at least the replacement of existing stations with new ones. There was, in fact, an eight per cent drop (to 28 per cent) in people opposing nuclear power, compared to 2010.

Changing opinions about pornography

Filed under: Health, Liberty, Media — Tags: , , — Nicholas @ 07:44

Anna Arrowsmith points out that what we “know” about porn ain’t necessarily so:

Since Andrea Dworkin wrote about pornography as being anti-women in the early 1980s, we have become acclimatised to the idea that porn is bad for us, and must only be tolerated due to reasons of democracy and liberalism. In the past 30 years this idea has largely gone unchallenged outside academia and, in the process, feminism has been conflated with the anti-porn position. We have effectively been neuro-linguistically programmed to equate porn with harm.

Not only is there no good evidence to support this view, but there is a fair amount of evidence to support the opposite. This is the problem with the opt-in proposal: only the reportedly negative results from porn have been considered. But porn is good for society.

Women’s rights are far stronger in societies with liberal attitudes to sex — think of conservative countries such as Afghanistan, Yemen or China, and the place of women there. And yet, anti-porn campaigners neglect such issues entirely. A recent study by the US department of justice compared the four states that had highest broadband access and found there was a 27% decrease in rape and attempted rape, and the four with the lowest had a 53% increase over the same period. With broadband being key to watching porn online, these figures are food for thought for those who believe access to porn is bad news.

October 11, 2011

“Fat taxes” are doomed to failure

Filed under: Economics, Food, Government, Health, Liberty — Tags: , , — Nicholas @ 09:06

Patrick Basham and John Luik handily dismiss the potential of government-imposed “fat taxes” on certain foods as tools to reduce obesity or to change peoples’ food choices:

The obesity crusaders’ argument is that a fat tax will reduce junk-food consumption, and thereby improve diets and overall public health. There are many reasons, however, to suspect that a fat tax would be at best unsuccessful, and at worst economically and socially harmful.

For example, scientifically rigorous evidence suggests that higher prices do not reduce soft-drink consumption. There are no studies demonstrating a difference either in aggregate soft-drink consumption or in child and adolescent body mass index (BMI) between jurisdictions with soft-drink taxes and those without such taxes.

[. . .]

These results are confirmed in a study by Christiane Schroeter in the Journal of Health Economics which examined the link between food prices and obesity. The study concluded that while increasing the price of high-calorie food might lead to decreased demand for these foods, ‘it is not clear that such an outcome will actually reduce weight’.

Why do fat taxes fail? The economic answer is that demand for food tends to be largely insensitive to price. Considerable research on food prices has demonstrated this inelasticity. A 10 per cent increase in price, for instance, reduces consumption by less than one per cent.

[. . .]

Furthermore, fat taxes have perverse, unintended consequences. According to the US government’s Economic Research Service, another unintended consequence of a fat tax on consumer behaviour is that taxes on snack foods could lead some consumers to replace the taxed food with equally unhealthy foods. Adam Drewnowksi similarly found that poorer consumers react to higher food prices not by changing their diets, but by consuming even fewer ‘healthy’ foods, such as fruits and vegetables, and eating more processed foods.

A Danish study confirmed this problematic outcome, finding that sin taxes on junk foods would fail to reduce consumption by the population (that is, the poor) who consume these foods most frequently. Additionally, it found that taxes levied on sugar content — the basis for the soft-drinks tax — would increase saturated fat consumption.

October 1, 2011

ESR on sexual repression

Filed under: Economics, Health, Liberty — Tags: , , , , — Nicholas @ 00:07

ESR looks at a recent New York Post article on the price of sex, and comes to a few depressing conclusions:

The New York Post has an interesting article up on the price of sex. Summary; more women are giving it up sooner. Between a shortage of men who are marry-up material, competition from other women, and porn, withholding sex to get commitment is no longer a workable strategy Tellingly the article says “those who don’t discount sex say they can’t seem to get anyone to ‘pay’ their higher price. Consequently, younger women are doing an awful lot of first-date or even no-date fucking, and the marriage rate is steadily dropping.

[. . .]

The first difficult thing to accept, after the sexual revolution, is this: sexual repression and the double standard weren’t arbitrary forms of cruelty that societies ended up with by accident. They were functional adaptations. By raising the clearing price that women charged for sex, they actually increased female bargaining power and raised the marriage rate.

Most people can process that one without wincing. But this next one is a hot potato: the ideology of sexual equality made the problem a lot worse in two different ways. The obvious one was that it encouraged women to believe they could and should be able to act like men without negative consequences — including rising to male levels of promiscuity. The less obvious, but perhaps in the long run more damaging consequence, was that it collided with hypergamy.

Women are hypergamous. They want to marry men who are bigger, stronger, higher-status, a bit older, and a bit brighter than they are. This is massively confirmed by statistics on actual marriages; only the “a bit brighter” part is even controversial, and most of that controversy is ideological posturing.

OK, so what happens when women get educated, achieve economic equality, etcetera? Their pool of eligible hypergamic targets shrinks; the princess marrying the swineherd is a fairytale precisely because it’s so rare. More women seeking hypergamy from a higher baseline means the competition for eligible males is more intense, and womens’ ability to withold sex vanishes even supposing they want to. Thus, college campuses today, and plunging marriages rate tomorrow.

September 30, 2011

Coming soon: the “sober-up” pill

Filed under: Health, Science — Tags: , — Nicholas @ 09:09

Scientists at the University of Illinois may have cracked the secret to sobering up after a night on the town:

It’s your mutinous immune system that gives you that sozzled feeling after a boozy session, scientists claim in a paper published today in the British Journal of Pharmacology.

Conk out certain immuno receptors in your brain and you’ll be able to walk in a straight line, perform complex manual tasks and probably even stay awake on the night bus home after a heavy dose of alcoholic refreshment.

These receptors are a particular part of your immune system and scientists have been trying to figure out their connection to alcohol for years. When active TLR4s react with alcohol they release an inflammatory chemical called cytokine that seems to contribute to making us sleepy and poorly-coordinated.

It was a research team at the Department of Psychiatry, University of Illinois, that made the breakthrough. Their pill works for mice, at least.

September 28, 2011

“Fairtrade locks many Africans into non-mechanised, back-breaking cheap labour”

Filed under: Economics, Environment, Food, Politics — Tags: , — Nicholas @ 09:14

The feel-good virtue implied in the Fairtrade label is actually a deal with the devil for the poor farmer, says Tim Black:

The purpose of the Fairtrade Foundation, we are told, is to guarantee that the producer gets a good deal. The Fairtrade-labelling system, then, is meant to assure us that, when we buy something with the Fairtrade logo, the producers get a better cut of the cash than they would do otherwise. So we effectively pay a little bit more — hence the price premium — to feel a whole lot better about our purchases. Or at least that’s the theory.

But as researchers pointed out earlier this year, the actuality of Fairtrade is not quite as easy on the self-regarding eye of ethical shoppers as the Fairtrade Foundation would have us believe. For a start, it has been suggested that only 25 per cent of the premium price paid for Fairtrade products reaches the producers. Not only that, already-poor farmers actually have to pay to join up to the Fairtrade scheme. And in doing so, they also have to ensure that their business meets certain requirements, whether it is in their long-term interests or not.

And here we come to the main problem. The Fairtrade Foundation demands certain things of the producers if they are to be accepted on to the scheme. For example, producers have to employ what the Fairtrade Foundation deems to be ‘environmentally sound agricultural practices’ and, to qualify as small producers, they have to ‘rely mainly on their own or their family’s labour’. It’s almost cruelly ironic: while champions of Fairtrade claim it is freeing producers from the exploitative relations of the market, it simultaneously ties them into the oppressive and exploitative moral relations of ‘us’ and ‘them’. They have to stick to the letter of ‘our’ vision of the world, in all its sustainable, anti-growth glory. That is, in exchange for a marginally better deal on the market, producers have to adhere to what the Fairtrade Foundation deems to be the right way of farming or harvesting.

This effectively condemns producers desperate for a bit more cash to a low level of material and economic development. In the Fairtrade vision of production, you can forget about the large-scale industrialised production of cocoa; you can forget about the crop-protecting usage of pesticides. What Fairtrade insists upon instead is small-scale cottage industry free of anything that looks too modern, let alone chemical. As Patrick Hayes noted on spiked a couple of years ago, citing a WORLDwrite film called The Bitter Aftertaste, Fairtrade locks many Africans into non-mechanised, back-breaking cheap labour ‘as they cull weeds by hand rather than being able to destroy them with chemicals’.

So while Fairtrade might make us feel good when shopping, it does nothing of the sort for those doing the producing. Which is something to bear in mind when enjoying a bag of non-Fairtrade Skittles.

September 27, 2011

ReasonTV: ManBearPig, Climategate, and Watermelons

Filed under: Economics, Environment, Media, Politics — Tags: , , — Nicholas @ 12:14

James Delingpole is a bestselling British author and blogger who helped expose the Climategate scandal back in 2009. Reason.tv caught up with Delingpole in Los Angeles recently to learn more about his entertaining and provocative new book Watermelons: The Green Movement’s True Colors. At its very roots, argues Delingpole, climate change is an ideological battle, not a scientific one. In other words, it’s green on the outside and red on the inside. At the end of the day, according to Delingpole, the “watermelons” of the modern environmental movement do not want to save the world. They want to rule it.

September 23, 2011

The cliché-meister strikes again

Filed under: Books, Economics, Environment, Media, Politics — Tags: , , — Nicholas @ 13:04

Andrew Ferguson reviews the book That Used To Be Us by Thomas L. Friedman and Michael Mandelbaum. He didn’t find it a pleasant read:

Mr. Friedman can turn a phrase into cliché faster than any Madison Avenue jingle writer. He announces that “America declared war on math and physics.” Three paragraphs later, we learn that we’re “waging war on math and physics.” Three sentences later: “We went to war against math and physics.” And onto the next page: “We need a systemic response to both our math and physics challenges, not a war on both.” Three sentences later: We must “reverse the damage we have done by making war on both math and physics,” because, we learn two sentences later, soon the war on terror “won’t seem nearly as important as the wars we waged against physics and math.” He must think we’re idiots.

The slovenliness of our language, George Orwell wrote, makes it easier to have foolish thoughts, and while Mr. Friedman’s language has been tidied up a bit, the thinking remains what it has always been. The authors call themselves “frustrated optimists.” Their frustration is owing to the depredations of the last decade, which they call (Mr. Mandelbaum nods) the Terrible Twos. But self-contradiction is also part of the Friedman brand. In many other passages, the authors specifically trace the American slide to the end of the Cold War — though still elsewhere they remark that the 1990s were “positive for America.” It doesn’t help their argument, such as it is, that the evidence of decline they cite — crumbling infrastructure, a failing public-education system — predates both 2001 and 1989 by a long stretch. Our potholes and schools have been favorites of declinists for generations.

If the authors’ frustration is unoriginal and ill-defined, their optimism is terrifying. America will rebound — we will become the us that we used to be again, you might say and Mr. Friedman does — when we regain our ability to do “big things” through “collective action.” Collective action is a phrase that means “the federal government.” Among the big things that we will do are rework American industry, through regulation and taxation, to drastically cut carbon emissions. Another one of our big things is a big increase in the gasoline tax. We will also impose on us a new big carbon tax. We will use revenues to create a “clean energy” industry with millions of “green jobs” like the ones that were eliminated earlier this month at Solyndra. Readers will wonder, like the early environmentalist Tonto, “What do you mean ‘we,’ kemo sabe?”

H/T to Jon, my former virtual landlord, for the link.

September 22, 2011

“A piece of half-baked speculation had simply been used without checking because, well, it seemed true enough”

Filed under: Americas, Environment, Media — Tags: , , , — Nicholas @ 09:49

Tim Black on the recent Times Atlas gaffe over the Greenland ice sheet:

For those all too inclined to believe the worst in the warmest of all possible worlds, there was no need to question the Times Atlas’s revelation. It merely told them what they already knew — that our nasty industrialised ways are destroying Earth.

But among those who actually know a little about ice sheets, the atlas’s findings were a little too much of a revelation. First up were researchers from the Scott Polar Research Institute at the University of Cambridge, who promptly wrote to the atlas’s editors: ‘There is to our knowledge no support for this [15 per cent] claim in the published scientific literature.’ Other scientists in the field were quick to back up the Cambridge researchers. ‘The claims here’, said Graham Cogley from Trent University, ‘are simply not backed up by science; this pig can’t fly’. Others agreed. Jeffrey Kargel of the University of Arizona, principal scientist on a project involving the mapping of ice and glaciers from space, was unequivocal: ‘These new maps are ridiculously off base, way exaggerated relative to the reality of rapid change in Greenland. I don’t know how exactly the Times Atlas produced their results, but they are not scientific results.’

So how exactly did the Times Atlas cartographers produce their results? More kindly commentators have suggested that the atlas bods foolishly relied on the National Snow and Ice Data Center-maintained online resource, the Atlas of the Cryosphere. This apparently shows the thickness of the central part of the ice sheet over Greenland, but it does not show the thickness of the ice sheet’s periphery. The cartographers presumably interpreted this to mean that the peripheral ice did not exist — that it had melted. Other critics have been less generous, with one suggesting they might have been just a little too reliant on that bastion of truth, Wikipedia.

While it’s fun to pile on when a respected publication gets caught out trying for sensation instead of presenting facts, Black also sounds a note of caution:

Yet such over-eager triumphalism on the part of climate-change sceptics is misplaced. This is not because advocates of climate change are not frequently making mistakes. And it is not because the climate-change narrative, demanding so many facts to fit its story of manmade doom, is not fundamentally flawed. No, the problem with celebrating every scientific, factual refutation of the climate-change thesis as the beginning of the end for what remains the dominant narrative of our times, despite growing public indifference, is that climate change is not primarily a scientific issue. It was not born in science labs or in meteorology centres. And likewise, it will not be defeated by scientists or meteorologists, either.

That is because climate change is principally a political issue, not a scientific one. Climate-change alarmism is about channelling a vision of the future in which man, producing too much and consuming far more, is conceived as a problem. And the only way to challenge this widespread political and moral outlook is by coming up with something a little less human-hating — a political vision in which humanity’s needs and desires, our productive capacities and our consuming wants, are championed rather than denigrated. To rely on the mistakes of climate-change advocates to undermine their own cause is no substitute for the long-awaited, never-seen political debate about climate change.

September 20, 2011

“In the short term, self-control is a limited resource”

Filed under: Health, Media, Science — Tags: — Nicholas @ 12:18

NPR Books exercises a bit of willpower to look at a new book by John Tierney and Roy F. Baumeister:

The power to resist temptation — to pass up dessert, to endure an unpleasant experience, to defer satisfaction — is our “greatest human strength,” argue psychologist Roy F. Baumeister and science writer John Tierney in their new book, Willpower. The book delves into the science of our age-old struggle with self-control.

“The Victorians talked about this vague idea of it being some form of mental energy,” Tierney tells NPR’s Audie Cornish. “In the last 15 years we’ve discovered that it really is a form of energy in the brain. It’s like a muscle that can be strengthened with use, but it also gets fatigued with use.”

Whether you’re resisting a favorite food or completing a dreaded task, exercising self-control in different areas of your life saps the same mental energy source. Many dieters employ the out-of-sight-out-of-mind technique of hiding desirable food — and studies show there’s something to it.

New Times Atlas vastly overstates Greenland ice sheet shrinkage

Filed under: Americas, Books, Environment, Media, Science — Tags: , , — Nicholas @ 08:58

You know it’s a major gaffe when even the BBC’s Environment correspondent is saying things like this:

The part of News Corporation that makes Times Atlases is currently taking the same kind of kicking from scientists that some of its newspapers took from the general public over phone-hacking.

What it’s being kicked for is for claiming, in the edition that came out last week, that the Greenland ice sheet has shrunk by 15% over 12 years, necessitating the re-drawing of its boundaries.

[. . .]

The problem is, it’s not true; and glaciologists have been queuing up to say why not.

“In the aftermath of ‘Himalayagate’, we glaciologists are hypersensitive to egregious errors in supposedly authoritative sources,” said Graham Cogley from Trent University in Canada.

“Climate change is real, and Greenland ice cover is shrinking. But the claims here are simply not backed up by science; this pig can’t fly.”

As Professor Cogley was the scientist who raised the alarm over “Himalayagate” — the erroneous Intergovernmental Panel on Climate Change (IPCC) contention that Himalayan glaciers could largely melt away by 2035 — he is well placed to make the comparison.

Update: Breaking! James Delingpole discovers the advance plans for the next Times Atlas:

Following its controversial decision to produce a map suggesting that Greenland has lost 15 per cent of its ice cover in the last twelve years — a loss rate disputed by most credible scientists: and even, amazingly, the Guardian agrees on this — the Times Comprehensive Atlas Of The World has decided to take its new role as cheerleader for Climate Change alarmism a step further. In its upcoming 14th edition, unconfirmed rumours suggest, it will completely omit Tuvalu, the Maldives and major parts of Bangladesh in order to convey the “emotional truth” about “man made climate change.”

“All right, it may not be strictly geographically accurate to say the Maldives and Tuvalu will definitely have disappeared in about ten years time when our next edition appears,” said Times Atlas spokesman David Rose. “But did you see that picture of the Maldives cabinet holding a meeting underwater? If the Maldives government says the Maldives are drowning, they must be drowning. And frankly I think it’s despicable, all those deniers who are saying it was just a publicity stunt, cooked up by green activist Mark Lynas, to blackmail the international community into giving the Maldives more aid money while simultaneously trying to lure green Trustafarians to come and spend £1500 a night in houses on stilts with gold-plated organic recyclable eco-toilets made of rare earth minerals from China. Why would a government lie about something as serious as climate change?”

September 18, 2011

Solyndra: not just crony capitalism as usual

Filed under: Environment, Government, Law, Technology — Tags: , , , — Nicholas @ 12:28

Andrew C. McCarthy shows the difference between the collapse of Solyndra and ordinary crony capitalist use of government funds:

Homing in on one of the several shocking aspects of the Solyndra scandal, lawmakers noted that, a few months before the “clean energy” enterprise went belly-up last week, the Obama Energy Department signed off on a sweetheart deal. In the event of bankruptcy — the destination to which it was screamingly obvious Solyndra was headed despite the president’s injection of $535 million in federal loans — the cozily connected private investors would be given priority over American taxpayers. In other words, when the busted company’s assets were sold off, Obama pals would recoup some of their losses, while you would be left holding the half-billion-dollar bag.

As Andrew Stiles reported here at NRO, Republicans on the Oversight and Investigations subcommittee say this arrangement ran afoul of the Energy Policy Act of 2005. This law — compassionate conservatism in green bunting — is a monstrosity, under which Leviathan, which can’t run a post office, uses your money to pick winners and losers in the economy’s energy sector. The idea is cockamamie, but Congress did at least write in a mandate that taxpayers who fund these “investments” must be prioritized over other stakeholders. The idea is to prevent cronies from pushing ahead of the public if things go awry — as they are wont to do when pols fancy themselves venture capitalists.

[. . .]

The criminal law, by contrast, is not content to assume the good faith of government officials. It targets anyone — from low-level swindlers to top elective officeholders — who attempts to influence the issuance of government loans by making false statements; who engages in schemes to defraud the United States; or who conspires “to defraud the United States, or any agency thereof, in any manner or for any purpose.” The penalties are steep: Fraud in connection with government loans, for example, can be punished by up to 30 years in the slammer.

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