Archive for the ‘Florida’ Category

OBAMA, PUT THE SHOVEL DOWN

Monday, October 24th, 2011

WASHINGTON POST

Infrastructure projects to fix the economy?

Don’t bank on it.

By Chris Edwards, Published: October 21

In a recent television ad for her network, MSNBC host Rachel Maddow stands below the Hoover Dam and asks whether we are still a country that can “think this big” — Hoover Dam big. The commercial is built on the assumption that American greatness is advanced by federal spending on major infrastructure projects.

If I had my own television commercial, I’d stand in front of the wreckage of Idaho’s Teton Dam,which, like the Hoover Dam, was built by the federal Bureau of Reclamation. The Teton Dam was based on shoddy engineering and a flawed economic analysis. It collapsed catastrophically in 1976, just a year after it was built.

Increased infrastructure spending has significant support in Washington these days. President Obama wants a new federal infrastructure bank, and some members of both parties want to pass big highway and air-traffic-control funding bills. The politicians think these bills will create desperately needed jobs, but the cost of that perceived benefit is too high: Federal infrastructure spending has a long and painful history of pork-barrel politics and bureaucratic bungling, with money often going to wasteful and environmentally damaging projects.

For plenty of examples of the downside of federal infrastructure, look at the two oldest infrastructure agencies — the Army Corps of Engineers and the Bureau of Reclamation. Their histories show that the federal government shouldn’t be in the infrastructure business. Rather, state governments and the private sector are best equipped to provide it.

The Corps of Engineers has been building levees, canals and other civilian water infrastructure for more than 200 years — and it has made missteps the entire time. In the post-Civil War era, for example, there were widespread complaints about the Corps’ wastefulness and mismanagement. A 1971 book by Arthur Morgan, a distinguished engineer and former chairman of the Tennessee Valley Authority, concluded: “There have been over the past 100 years consistent and disastrous failures by the Corps in public works areas . . . resulting in enormous and unnecessary costs to ecology [and] the taxpayer.” (more…)

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CUBA DRILLING 60 MILES FROM FLORIDA

Tuesday, October 18th, 2011
The Wall Street Journal

  • OCTOBER 17, 2011

U.S. Will Inspect Cuban Rig

Deep-Water Drilling—60 Miles From Florida—Prompts Concern About Oil Spills

U.S. officials are trying to make sure the American coastline will be protected as Cuba begins drilling a deep water oil well later this year about 60 miles off the Florida Keys.

Administration officials will tell nervous congressmen this week that the U.S. will inspect the China-made drilling rig before the Spanish energy company in charge of the project, Repsol YPF SA, moves the rig into Cuban territory.

But it remains unclear whether the U.S. government or American companies could respond if there were a disaster like the 2010 Deepwater Horizon explosion, which fouled beaches along the Gulf Coast, government and industry experts say.

CUBAOIL

(more…)

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FLORIDA REPEALS UNITED NATIONS AGENDA 21 LAW

Monday, October 17th, 2011

FLORIDA REPEALS UNITED NATIONS AGENDA 21 LAW

October 16th, 2011 | Author:

The state of Florida has repealed its 30-year old growth management law (also called “smart growth,” UN Agenda 21 , “compact development” and “livability”). Under the law, local jurisdictions were required to adopt comprehensive land use plans stipulating where development could and could not occur. These plans were subject to approval by the state Department of Community Affairs, an agency now abolished by the legislation. The state approval process had been similar to that of Oregon. Governor Rick Scott had urged repeal as a part of his program to create 700,000 new jobs in seven years in Florida. Economic research in the Netherlands, theUnited Kingdom and the United States has associated slower economic growth with growth management programs.
Local governments will still be permitted to implement growth management programs, but largely without state mandates. Some local jurisdictions will continue their growth management programs, while others will welcome development.
The Need for A Competitive Land Supply: Growth management has been cited extensively in economic research because of its association with higher housing costs. The basic problem is that, by delineating and limiting the land that can the used for development, planners create guides to investment, which shows developers where they must buy and tells the now more scarce sellers that the buyers have little choice but to negotiate with them. This can violate the “principle of competitive land supply,” cited by Brookings Institution economist Anthony Downs. Downs said:
If a locality limits to certain sites the land that can be developed within a given period, it confers a preferred market position on those sites. … If the limitation is stringent enough, it may also confirm a monopolistic powers on the owners of those sites, permitting them to raising land prices substantially.
This necessity of retaining a competitive land supply is conceded by proponents of growth management. The Brookings Institution published research by leading advocates of growth management, Arthur C Nelson, Rolf Pendall, Casey J. Dawkins and Gerrit J. Knapp that makes the connection, despite often incorrect citations by advocates to the contrary. In particular they cite higher house prices in California as having resulted from growth management restrictions that were too strong. (more…)

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