Wednesday, April 16, 2008
Your Morning News 4.16.08
Posted by Josh in Global Warming, Olympics, tax breaks, Your Morning News
It turns out that the Senate in incapable of passing a bill without including tax breaks for businesses. The housing bill they passed last month that was designed to prevent people from losing their homes also contained massive tax breaks for real estate developers, automakers, and airlines. Next up on the Congressional schedule is a proclamation honoring Jackie Robinson that contains a bailout for GM.
President Bush has proposed stopping growth in US carbon production by 2025 in what he calls a “realistic” step to fight climate change. Of course he doesn’t say is that the lynchpin of his plan involves the carbon savings the US will get when the East Coast is swallowed by rising sea levels.
The Olympic torch will be travelling through India and Pakistan today. I would never have guessed that they would have more trouble getting the torch through San Francisco than they would through Kashmir.