Editorial: Trump bailout turns free market upside down

first_img FacebookTwitterLinkedInEmailPrint分享Houston Chronicle:Americans of a certain age likely remember Tennessee Ernie Ford, a TV entertainer whose musical rendition of a coal miner’s lament, “Sixteen Tons,” sold millions of records in the mid-1950s. Written a decade earlier by a former Kentucky coal miner, “Sixteen Tons” opened with the evocative question: “You load sixteen tons, what do you get?” In his sonorous baritone voice, Ford offered up a doleful reply. What you get when you load sixteen tons of number nine coal, he sang, is “another day older and deeper in debt.”More than a half century later, Texas Rick Perry, the nation’s energy secretary, knows whereof Tennessee Ernie sang. Although Perry can’t admit it, he knows that coal-mining is a dying industry and, despite its proud tradition, a dangerous, dead end occupation for fewer and fewer American workers. Texas Rick knows that, and yet, “bless his little, ol’ pea-pickin’ heart” — as Tennessee Ernie would have exclaimed — he’s now having to warble his own coal-mining ditty.Perry has been ordered by President Trump to prepare immediate steps to keep money-losing coal and nuclear plants from shutting down. One plan under consideration is to require operators of the nation’s electricity grid to buy power or reserve generation capacity from plants scheduled to be retired. Phillip Bump of the Washington Post has compared the Trump/Perry plan to “having a failing grocery store in your neighborhood and the government mandating that everyone do enough of their shopping there to keep the place from shutting down.”Never mind that we consumers will be paying more for our “groceries” under the Trump directive. Never mind that coal is losing out in a power market dominated by cheap natural gas and increasingly efficient forms of renewable energy. What’s important is an ongoing effort by the White House to fulfill an implausible Trump campaign promise to bail out the coal and nuclear industries and to reward the operators who are his cronies. Perry, if he wants to keep his job, can only salute his boss—and betray his oft-proclaimed faith in the free market.Texans can appreciate the irony. This is the erstwhile governor who was so “fed up,” he even wrote a book, an impassioned screed decrying federal government intervention. Gov. Perry would have sneered at the blatant government intervention in the free market that Secretary Perry insists is necessary, and he would have scoffed at the “national security” rationale offered up by the White House.Now, of course, Perry—and we—are at the mercy of a president so ill-informed about the environment that he would reverse the progress we’ve made with natural gas and renewables. If Trump’s unprecedented effort to intervene in the energy market goes forward, whether through mandates or subsidies, then both natural gas and Texas suffers, and so does the rest of the country.More: Perry vs. Texas: Coal bailout will sell out wind and natural gas [Editorial] Editorial: Trump bailout turns free market upside downlast_img read more

Peace Passage Skating Club host annual ice show

first_imgPublicist Jessalyn Aitken says this year was “a fantastic turnout” as the local skaters dressed in Who-like costumes in the spirit of The Grinch Who Stole Christmas. “The props and decorations were stunning,” writes Aitken. “Kelly Basisty joined the club as a guest skater which provided many thrills for the audience – even including a light show with one of his programs.”Basisty is a Fort St. John local who has been skating since he was 8-years-old and currently competes on a national level.- Advertisement -This year’s ice show marked the last for two skaters gearing up for high school graduation – Halla Aitken and Amy Utz.“Both of the girls performed beautifully in spite of the emotion of this fact.”The club thanking is thanking their many sponsors and the attendees who came out to support the show.Advertisementlast_img read more