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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (79954)5/26/2010 6:37:01 AM
From: Sully-  Read Replies (1) | Respond to of 90947
 
Greek PM blames ’speculators’ for financial crisis, calls for transition to ‘green economy’

By: Mark Hemingway
Commentary Staff Writer
05/24/10 12:08 PM EDT

Alternate headline: “Greek PM just doesn’t get it“:


<<< Prime Minister George Papandreou stressed on Wednesday the need for a new “green” economic development model and closer international cooperation against speculators.

“The focus on green economy is no longer just a case of sensitivity towards the environment, but an issue of creating a sustainable economy also,” Papandreou told the 3rd Climate and Energy Security Summit for Southeast Europe and the Mediterranean.

That rule applies to Greece which this year faces a severe economic crisis that has alarmed European partners, as well as at an international level, Papandreou said.

“Due to the experience of the ongoing economic crisis, we realized that a closer international cooperation is needed to develop forward-thinking energy policies, as well as face the speculators who now attack Southern European countries,” Papandreou said. >>>


Of course, the other country in Europe most immediately threatened by the European financial crisis is Spain. That country might be more heavily invested in the “green economy” than any other. How’s that working out for them? Oh, right:


<<< For every green job created by the Iberian nation’s massive investment in renewable energy, that transfer of wealth to uneconomic activities cost the economy 2.2 jobs in opportunity cost, as well as direct job losses thanks to the increased cost of electricity (like sending steel jobs to Kentucky, as I’m told Rand Paul noted in one victory speech or another). And as I noted yesterday, even the president of Spain’s National Commission of Energy, socialist Maite Costa, calls Spain’s energy regime “insostenible.“ >>>

(h/t Ace of Spades)

Read more at the Washington Examiner: washingtonexaminer.com



To: Sully- who wrote (79954)5/26/2010 7:22:34 AM
From: Sully-  Read Replies (1) | Respond to of 90947
 
Quote of the day — The White House’s priorities

By: Mark Hemingway
Commentary Staff Writer
05/25/10 5:14 PM EDT

Via Politico:


<<< “When the oil slick first spread, we learned the Interior Department’s chief of staff was rafting down the Grand Canyon, and now that it’s reached our shores, the president is in California raising money for Barbara Boxer, while the head of the EPA makes plans to raise more campaign cash in New York City,” said Brian Walsh, a spokesman for the National Republican Senatorial Committee

“Clearly, this Administration’s priorities are grossly misplaced when vacations and campaign fundraisers are more important than focusing on one of the greatest environmental disasters in our nation’s history.” >>>


Read more at the Washington Examiner: washingtonexaminer.com