Washington Times: Bipartisan support for REINS Act builds

Posted on June 29, 2011 by Donald Ferguson

Your support is making a difference.

The following is an excerpt from a guest column in today’s Washington Times by George H.W. Bush administration Transportation Secretary and George W. Bush chief of staff Andrew Card and Democratic former U.S. Senator Evan Bayh, urging congressional support for American Tradition Partnership’s top legislative priority, Sen. Rand Paul’s REINS Act (S. 299.)

You may read the full column here at The Washington Times.

As the country emerges from one of the most serious economic downturns in recent history, the last thing we need are more regulations that impose heavy burdens on job creators. One way to get Americans back to work is by removing excessive and costly regulations that make it harder for businesses to grow…

…Congress should wrestle back the unprecedented power that it has yielded to bureaucratic agencies in the past few decades.

Today, nearly all major regulations go into effect without the people’s representatives in Congress ever voting on them. Congress needs to play a larger role by exercising more vigorous oversight regarding the implementation of the sweeping laws that it passes.

A good place to start would be to pass legislation pending in Congress to guarantee an up-or-down vote, with no Senate filibuster, on regulations with an economic impact of more than $100 million…

That prominent column in a major Washington, D.C. newspaper is a direct result of grassroots pressure from American Tradition Partnership and our allies.  But both the Senate and House bills are still stuck in committee and need many more co-sponsors if we are to get them out of committee and to the floor for a recorded vote.

Call your congressional representative and both senators at 202-224-3121 and urge them to co-sponsor the REINS Act (S. 299 and H.R. 10.)

And thank you so much for your support of American Tradition Partnership.  Please keep it up.

‘Chevy Volt arithmetic – why I won’t be buying one’

Posted on June 26, 2011 by Donald Ferguson

The following was posted by a long-time member of the website Democratic Underground.

Chevy Volt arithmetic – why I won’t be buying one

I drive an SUV (don’t worry – Gaia was my co-signer) that is paid off, free and clear. It is worth aboput $10,000 in resale.  I get about 15mpg.

A Volt costs $40,000 (I will use round numbers). Let us assume the net asset cost of a Volt to me is $30,000. I will need to find $30,000 in fuel cost savings on a net present value basis to justify buying a Volt. This assumes that I don’t finance the vehicle, ie, I have $30K in cash just laying around.

Let us suppose for exposition that the Volt gets 60mpg of actual gas purchased (it runs on gas and electricity). Gas is $4/gal, and I drive 15,000 miles per year.

I use 1,000 gallons of gas per year at an expense of $4,000; with a Volt I would use 250 gallons and spend $1,000. That’s an annual gas expense savings of $3,000.

Assuming that the electricity to feed the car is free to me (a horrible assumption), and there is no time value of money, it would take 10 years to recoup the expense of the vehicle relative to the one I currently own.  In that 10 years, the battery will likely need to be replaced at least once, the expense of which I will call a wash due to likely upkeep expense for my current vehicle.

The more likely scenario is that I finance the vehicle, and electricity is nowhere near free, both of which imply that the  real time to recoup the expense is more like 12-15 years.

Not worth it.

He’s not the only one coming to that conclusion.  “Chevy is not pleased with its sales.  321 units sold in January and 281 in February – out of 30,000 cars made for 2011, and a planned 45,000 to be made in 2012,” the White Mountain Independent reports.

“General Motors (GM) is lobbying for the passage of legislation by Michigan Senator Debbie Stabenow that would turn a $7,500 electric vehicle tax credit into a rebate that will be available to all consumers at the point of sale. It’s been dubbed ‘Cash for Clunkers II,’” the Independent reports, the latest form of government handout Gang Green hopes will somehow make people buy a product they don’t want.

Washington Post: Obama taps oil reserve to save his campaign

Posted on June 24, 2011 by Donald Ferguson

You know you’re in for a long, strange day when American Tradition Partnership and The Washington Post agree, at least on one point.

ENERGY SECRETARY Steven Chu announced Thursday that the federal government will release 30 million barrels of oil from the Strategic Petroleum Reserve , a complex of salt caves that contain 727 million barrels in case of national emergency…

…Therein, perhaps, is a political emergency, at least in the White House view: President Obama’s reelection prospects will be harmed if national discontent over high gasoline prices continues. The oil release could be seen as a way for the president to take credit for gas prices that are falling anyway, or as an indirect, pre-election stimulus.

Whatever the rationale, it is a bad idea.

The government should not tap the reserve absent a genuine crisis. America consumes much more oil than it produces, and by using the petroleum reserve, it can’t expect to do anything but nudge oil prices, and only for a short time…

Obama’s Strategic Reserve ploy a ‘PR stunt,’ doesn’t solve problem

Posted on June 23, 2011 by Donald Ferguson

Ferguson: Obama’s Strategic Reserve ploy a ‘PR stunt,’ doesn’t solve problem he caused

WASHINGTON — American Tradition Partnership Executive Director Donald Ferguson released the following statement Thursday:

“The core of the energy problem Obama has created isn’t that there aren’t enough barrels of oil on the market, it’s that Obama actively destroys energy jobs and is still committed to cutting off Americans’ access to energy.  Releasing oil from the Strategic Reserve is just a short-term PR stunt that does nothing to solve the long-term supply problem Obama created.

“One way to stop Obama’s use of regulatory authority to destroy jobs is to pass the REINS Act.  Congress should immediately move to a recorded vote on the REINS Act, which requires any proposed federal regulation with an economic impact greater than $100 million to be approved by a vote of Congress and signed by the president before it can be enacted.

“Real reform that stops the Obama’s regulatory war on prosperity will grow jobs and restore our economy.  Obama’s announcement is just an attempt to sweep under the rug the damage his radical environmentalist agenda is causing without really solving the problem.”

#  #  #

Obama panics. House passes EPA restrictions.

Posted on by Donald Ferguson

Once again American Tradition Partnership supporters make a difference.

Amid a downpour of phone calls in support of the bill, the House yesterday passed H.R. 2021, the Jobs and Energy Permitting Act. The bill was scheduled for a vote today, but the House voted early.

The final tally was 253-166.  You can see how your congressman voted on the Jobs and Energy Permitting Act here.

As you recall, H.R. 2021 requires the EPA to act on a drilling permit within six months and limits the power of radical environmentalist groups to block permits by filing frivolous appeals.

Barack Obama is openly fighting this bill, and an even tougher fight lies ahead.

The bill now moves to the Senate, where we must find 60 votes to overcome a filibuster by Gang Green politicians.

I will keep you informed on our fight to pass the Jobs and Energy Permitting Act.

Obama panics. Congress to vote on EPA restrictions.

Posted on June 22, 2011 by Donald Ferguson

The U.S. House will today debate H.R. 2021, requiring the EPA to review offshore drilling permits within six months and preventing activists from blocking development with frivolous appeals.

Barack Obama has issued a statement demanding Congress kill the bill.

Sheila Jackson Lee and other Gang Green politicians have aso thrown together a slate of “poison pill” amendments intended to gut the measure and allow career activists in the EPA to continue killing jobs.

They are scheduled to vote tomorrow.

Please call your representative right now at 202-224-3121.  Ask them to vote FOR H.R. 2021 and against the proposed amendments.

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