Saturday, April 7, 2012

Two silly ideas heard on Fox

Silly idea #1. Since gasoline tax revenues are flat or down, 'cause of less driving (when you're out of work you don't drive to work) and masses of electric cars (when did I last see an electric car on the highway?) let's start a "mileage tax" on all cars. Bad idea. if you just have to have more money, raise the gasoline tax. But, the public is agin that idea, and if the public is on the alert, they will be agin a mileage tax too. They didn't say, but I assume a mileage tax would work by reading your odometer when you get your inspection sticker. Actually they do that now, and I don't know what they do with the information.
Silly idea #2, This from Ben Stein. "I don't know what I would have done differently from Obama about the economy."
Well Ben, I can think of a few things. Use the $800 billion porkulus bill to buy real things that would have stimulated the real economy. Instead all the money went to helping state governments meet payroll. Approve the Keystone XL pipeline. Put GM and Chrysler thru real bankruptcy, divvy up their assets in accordance with the law instead of handing them all over to the UAW. Reform the patent office, which has stopped technical innovation in its tracks. Don't waste taxpayers money on black holes like solar, electric cars, Solyndra, and wind energy. These are never going to work, they are just money sinks. Don't do Obamacare, which has raised labor costs by a huge and unknown amount, stalling hiring all over the country 'cause no employer dares hire anyone, 'cause they can't afford the healthcare costs, or they can't figure out what those costs will be. Drop the ethanol for motor fuel boondoggle. Let oil drilling leases in the Gulf, off the east coast and off the west coast, off the Alaska coast and on oil sands in the west. Use Antitrust law to break up the biggest and stupidest banks, AIG, Citibank, BofA for starters. Shut down Fannie Mae and Freddy Mac before they wreck the world economy again. And prosecute their officers. Fund some science fiction projects like hydrogen fusion. Repeal Sarbanes Oxley and Dodd Frank. Shut down the EPA. Stop farm subsidies. Get the Feds out of the highway construction business. Let the states build the roads with their own money. Reform the corporate tax code and regulation to encourage business to operate in the United States. Shut down the SEC, repeal all their regulations, burn their files and prosecute their officers. SEC was started after Great Depression I to prevent Great Depression II. They have failed in that mission, so let's get rid of 'em to save money and free up industry.

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