Solar Electricity Farm Destroyed By Hail

A huge 5.2 megawatt solar panel array near Scottsbluff, Nebraska was destroyed by hail on June 24. The financial implications have yet to be disclosed.

 

 

Cowboy State Daily 

Brad Sherman Wants Tariffs On China

 

usethebitcoin.com

 

Democratic U.S. House member Brad Sherman represents the 32nd district in California, an area that includes much of western Los Angeles County. Unsurprisingly, he's a graduate of Harvard Law School.

His latest pet political project is to throttle trade with "China", meaning imposing tariffs on imports from companies located in that country. This is supposed to be an effort to balance trade between the two countries.

Is the trade imbalance actually a detriment to the U.S? As others have mentioned, I personally have a trade imbalance with the local supermarket. I purchase all my foods from them but they purchase nothing from me. Sure, I could go to other vendors, there is, after all a smidgen of competition in the grocery business, but there are other examples where no such competition exists. For instance, the US Postal Service, which has been under fire almost from its inception with being a government monopoly. The USPS first class mail isn't what it once was with the new technology of telephones and email but remains in force just the same.

It might be argued that that groceries and love letters are domestic affairs that are unaffected by international trade. Maybe, maybe not.

One thing to keep in mind, however, is that in order to purchase wares produced in China, American importers exchange enpixelated US currency for those products and the Chinese sellers accept them. Since they, at least currently, can't pay their taxes or buy cocktails with Yankee money, much of their trade advantage goes to the purchase of US treasury bills, which is a major part of the US budget. Businesses in countries that don't have an economic relationship with the US won't or can't purchase Treasury securities. Companies in Paraguay and Estonia have a minimal trade relationship with the US.

Ultimately, international trade is a matter of freedom. A free person should be able to make legal voluntary transactions with anyone he wishes without penalties. In fact, the absence of that freedom was a main cause of the American Revolution and later the War Between the States. International trade requires companies located in importing countries to operate at maximum efficiency in order to survive. This is to the benefit of all consumers, not just domestic manufacturers and their empolyees.

The fact that Harvard grad Brad Sherman seems to be unaware of the positives of trade with Chinese companies makes one wonder if he spent his time in class there gazing out at the Charles River or simply sleeping.   

Exactly Five Years Ago

 

 nationalobservor.com

On summer solstice day June 21, 2018, 15 year-old Swedish climate activist Greta Thunberg was featured in media all over the world predicting that in five years humanity would become extinct due to anthropogenic climate change if fossil fuels continued to be used.

Strangely, this calamity has failed to occur and the world's climate isn't much different than it was half a decade ago. Yet Greta remains to this day an important figure in the climate catastrophe business.  

Hollywood Climate Summit

From the 2023 summer solstice until the following Friday, the Hollywood glitterati and their most devoted followers will meet in Los Angeles and over the world-wide web in an effort to improve their propaganda efforts to increase the terror over AGW.  You, an inconsequential movie or television addict, can figuratively rub elbows with the likes of climate expert Jane Fonda and forward ideas about using the entertainment industry to convince the masses of the existential threat facing humanity.

 

 Mark Wilson/Getty

This is the fourth edition of the Climate Summit. There doesn't seem to have been much of an improvement in the climate so far but they must keep on trying. Buy your ticket to the event or I'll kill this polar bear cub.

 

timesunion.com