Congressman Paul Ryan’s Path to Prosperity budget proposal has been released. It is one of the first serious proposals as to what we would have to do if we were serious about ending America’s debt crisis. Hint: it’s more than a $38 billion one time cut. He proposes changing Medicare to a privatized insurance system with capped government subsidies, and turning Medicaid into a block grant to states. He does not touch Social Security.
The most important under-reported story of the last few years is the emergence of Shale Gas as an energy source for America. We have always known shale formations far underground held enormous amounts of natural gas, but recovering it was uneconomic. Recently, Texas entrepreneurs have figured out how to tap it, resulting in an increase in our natural gas reserve of perhaps five fold. Cheap and plentiful natural gas may color our future for a century. It may also impact Europe by providing the West with its own gas supplies, reducing their dependence on Russia.
It also will likely delay a nuclear renaissance in America by making the easy to build and run gas plants cheaper than any nuke. Gas plants already produce electricity cheaper than coal owing to the high capital cost of coal plants.
Environmentalists, having killed off nuclear and coal are in a panic as to how to shut down this source of energy and speed the economic demise of that Great Satan, America.
Christian persecution hit a new spike in China where Beijing cracked down on the unofficial Church. Over there, Christians are not afraid to stand up for their faith. This is in contrast with the American Church which seems concerned mostly with making the enemies of Christ like them, and which never speaks up on behalf of their suffering brothers in China or Moslem lands, or even the handful of American Christians willing to confront evil at home. Witness the cases of Michael Marcavage in Philadelphia or Pastor Hoye in Oakland .
An amusing commentary on the shallow people pleasing American Church is found on the Youtube video Sunday Morning.
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The most important under-reported story of the last few years is the emergence of Shale Gas as an energy source for America. We have always known shale formations far underground held enormous amounts of natural gas, but recovering it was uneconomic. Recently, Texas entrepreneurs have figured out how to tap it, resulting in an increase in our natural gas reserve of perhaps five fold. Cheap and plentiful natural gas may color our future for a century. It may also impact Europe by providing the West with its own gas supplies, reducing their dependence on Russia.
It also will likely delay a nuclear renaissance in America by making the easy to build and run gas plants cheaper than any nuke. Gas plants already produce electricity cheaper than coal owing to the high capital cost of coal plants.
Environmentalists, having killed off nuclear and coal are in a panic as to how to shut down this source of energy and speed the economic demise of that Great Satan, America.
Christian persecution hit a new spike in China where Beijing cracked down on the unofficial Church. Over there, Christians are not afraid to stand up for their faith. This is in contrast with the American Church which seems concerned mostly with making the enemies of Christ like them, and which never speaks up on behalf of their suffering brothers in China or Moslem lands, or even the handful of American Christians willing to confront evil at home. Witness the cases of Michael Marcavage in Philadelphia or Pastor Hoye in Oakland .
An amusing commentary on the shallow people pleasing American Church is found on the Youtube video Sunday Morning.
CLICK BELOW TO COMMENT
