Barack Obama has made his economic thinking excruciatingly clear, so it also is clear that his running mate should have been not Sen. Joe Biden, but Rumpelstiltskin.
He spun straw into gold, a skill an Obama administration will need in order to fulfill its fairy-tale promises.
Obama recently said he would “require that 10 percent of our energy comes from renewable sources by the end of my first term — more than double what we have now.” Note the verb “require” and the adjective “renewable.”
By 2012 he would “require” the economy’s huge energy sector to — here things become comic — supply half as much energy from renewable sources as already is being supplied by just one potentially renewable source. About 20 percent of America’s energy comes from nuclear energy produced using fuel rods, which, when spent, can be reprocessed into fresh fuel.
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