Peter Ferrara is a Heartland senior fellow for entitlement and budget policy, a senior fellow at the Social Security Institute, and the general counsel of the American Civil Rights Union.
He served in the White House Office of Policy Development under President Reagan, and as Associate Deputy Attorney General of the United States under the first President Bush. He is a graduate of Harvard College and Harvard Law School. He is author of The Obamacare Disaster, from the Heartland Institute, and President Obama's Tax Piracy, and his latest book: America's Ticking Bankruptcy Bomb: How the Looming Debt Crisis Threatens the American Dream-and How We Can Turn the Tide Before It's Too Late.
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Peter Ferrara, senior fellow for entitlement and budget policy for The Heartland Institute, was a guest on today’s popular Coffee & Markets podcast. He talked about his book, America’s Ticking Bankruptcy Bomb, the failure of Keynesian economics, and why we’re on the road to Greece – unless we unleash the power of free markets to save us.
Listen in the player below.
Podcast: Play in new window | Download
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In today’s American Spectator, I outline the politicization of climate science, and note one of the media’s most well-guarded secrets: that scientists continue to poke holes in the theory of man-caused, catastrophic global warming. Happily, The Heartland Institute has a new book out that helps make my case: Climate Change Reconsidered: 2011 Interim Report.
From my column:
If supposed greenhouse gas emissions were causing global warming, then we should have seen a far more steady increase in temperatures. What the objective scientists are now saying is that this up and down pattern of temperature is far more consistent with natural causes. The temperature variation patterns follow variations in solar activity (like sunspots) and major ocean current temperature trends. For example, a major influence on global temperatures is what is known as the Pacific Decadal Oscillation (PDO), which turns from warm to cold and back every 20 to 30 years, as cold water from deep in the ocean cycles up and is warmed by the sun. This PDO variation seems to follow closely with the actual temperature variation trends.
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My latest in The American Spectator about the debt ceiling debate has been getting some attention today (I’m going on KMOX in St. Louis at 1 p.m. Central Time) to talk about it.
An excerpt:
The indisputable facts show that Congressional Republicans have done their job. Months ago, the House Republican majority passed the budget proposed by House Budget Committee Chairman Paul Ryan (R-WI). Ryan’s budget provided for $6.2 trillion in spending cuts for its first 10 years alone. Over the long run, it drives federal spending to 15% of GDP, well below the postwar historical average of 20%.
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