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Unleash Prosperity Hotline
Issue #663
11/23/2022
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1) Biden’s War on American Energy Continues: Plan to Quadruple Mythical “Social Cost of Carbon Emissions”

Biden is moving full speed ahead with his economically ruinous crusade against fossil fuels.

The Biden White House plans to raise its “cost of carbon” estimate from the already high $51 per metric ton to $190 this year. Tom Pyle, the head of the Institute for Energy Research, tells us this could quietly unleash a torrent of expensive new environment regulations.

According to E&E News that broke this story, “Federal agencies can then use [a higher cost of carbon] as part of their cost/benefit analyses to justify more stringent climate regulation on sources ranging from power plants and automobiles to the oil and gas sector.”

Wonderful! Energy costs have already risen from 50 to 100% since Biden took office. Brownouts and blackouts are expected in many northeastern states if it is a cold winter ahead.

This energy crisis will get much more severe if these new cost of carbon estimates are raised fourfold. Think of the cost of carbon as a direct tax levied on energy usage.
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If all this isn’t bad enough, one of the models at the EPA would raise the cost of carbon dioxide to as high as $340 per ton. This would with a stroke of the pen strangle America’s domestic fossil fuels industry.

Maybe that’s the entire point.
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2) Biden Announces EIGHTH Student Loan "Pause"

The courts have consistently swatted down Biden’s attempt to unilaterally cancel or suspend student loans. The Constitution clearly states that only Congress has the authority to appropriate money. All of this is illegal.

That hasn’t deterred the White House in the least as Biden has ordered yet another pause on repayments. Remember, he has asserted this authority under the emergency powers granted to the president to combat COVID.
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If the pause lasts to the end of Biden's term, the total cost to taxpayers will reach $275 billion.

The new Congress should close the loophole that lets the administration "pause" student loan payments forever. While they are at it, they might want to recover some of the costs to taxpayers of unpaid student loans with a tax on the hundreds of billions of dollars stashed in university endowments.
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3) Latest Leftist Cause: Stop Hair Discrimination
The soap company Dove is having a bad hair day. They are running this full-page ad in the New York Times (tells you a lot about their woke politics) to combat what they call "race based hair discrimination."

Wait! You say you’ve never heard of hair discrimination? Where have you been?

Here’s Dove’s explanation of this new civil rights cause:

“We want all beauty to be welcome in all places and institutions. Narrow beauty standards make it difficult for Black women and girls in particular to freely celebrate their own beauty. While all women experience pressure to conform to certain standards of appearance, society’s bias has resulted in unfair judgment and discrimination against Black women based on hair texture and protective hairstyles, including braids, locs, and twists, that are inherent to their race.

That’s why we co-founded the CROWN Coalition to advance anti-hair discrimination legislation called The CROWN Act. The CROWN Act, which stands for Creating a Respectful and Open World for Natural Hair, is a law that prohibits discrimination based on hair texture and hairstyle.”

Yes, absolutely! There should be a LAW.

And just for the record, we absolutely love this woman’s hair! But then we don’t discriminate at CTUP. Oh, but we won’t be buying Dove soap anytime soon.
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4) Quote of the Day

“These days America has way too much virtue-signaling going on and way too little virtue.”

Bill Bennett former Reagan Education Secretary.

His classic book: “The Book of Virtues” has just been revised and updated for its 30-year anniversary.
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5) "Effective Altruism" Update

There’s an old saying that altruistic liberals profess to doing good and they end up doing well. That came to mind when we saw this:
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6) Happy Thanksgiving!

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