Utopia, you are standing in it!

There is no market for power that cannot be delivered on demand. Which is why, in the absence of subsidies, there wouldn’t be a solar panel or wind turbine in sight. Sure, there are remote locations where a solar panel hooked up to a system of batteries and diesel generators make perfect economic sense.

Here though, we’re talking about the large-scale solar plants which are increasingly carpeting the countryside, from horizon to horizon.

The value of a power generator as a business asset ordinarily depends upon the value of the power it generates. With wind and solar, however, it’s all about the subsidies they generate.

Tom Shepstone takes a look at the sale of a large-scale solar plant in New Jersey, which reveals what an enormous scam the solar power generation business really is.

Solar Farm Sale Reveals Green Energy Sorcery
Natural Gas Now
Tom Shepstone
16 September 2021

A…

It is very hard for artists, who are part of an iconic band, to breakthrough as a solo artist. Stevie nicks was able to handle it(maybe that’s what Destiny’s child meant when they asked “Can you handle it?}

Stevie Nicks only became a singer for Fleetwood Mac by chance. The band as looking for a new guitarist after Peter Green left, and they approached Lindsey Buckingham. He agreed provided his girlfriend, Stevie Nicks, could join too. The rest is Rock N Roll history.

When she went solo in earnest 40 years ago, the woman who had been integral to Fleetwood Mac’s transformation into the world’s biggest band carved out an identity as a star in her own right. She didn’t just make a chart-topping album, Bella Donna, but came up with a stunning anthem that only seems to grow more popular with age.

“Edge of Seventeen” was released as the…

Reducing the corporate tax rate from 35 percent to 21 percent was the crown jewel of Trump’s 2017 Tax Cut and Jobs Act (TCJA).

• It was good for workers since a lower rate means more investment, which translates to increased productivity and higher wages.
• And it was good for U.S. competitiveness since the United States corporate tax rate no longer was the highest in the developed world.

Some critics downplayed those benefits and warned that a lower corporate tax rate would deprive the government of too much revenue.

Since I don’t want politicians to have more money, that was not a persuasive argument. Moreover, I argued during the debate in 2017 that a lower corporate tax rate would generate “revenue feedback.”

In other words, there would be a “Laffer Curve” effect as corporations responded to a lower tax rate by earning and reporting more income.

Based…

Accusations of political sleaze are on the rise again, but the concept of government insiders profiting from the system is nothing new, as Dr Paul Hunneyball of our Lords 1558-1603 project explains…

If the Committee on Standards in Public Life had existed 400 years ago, it would have needed a rather different remit. While Jacobean politicians periodically attacked corruption and venality in government, it was taken for granted that money was an essential lubricant of the system, and that the highest offices in the land frequently went to the highest bidders. Key components of the civil administration were run as personal fiefdoms and traded as though they were private property. A prime example was the prothonotaryship, or chief clerkship, of the court of King’s Bench, which in 1603 was occupied by John Roper. This office was reckoned to generate a net annual profit of around £4,000 (roughly £1.4 million…