Good news from the land down under.

It seems our friends Down Under are starting to revolt again. The notionally conservative Prime Minister turned her back on the people who put her in office and is now pushing a Cap and Tax scheme...which is upsetting a lot a folks. The entire article is worth a good read but I really love this part...

The largest polluters — the coal and steel industries that have driven Australia’s remarkable economic run of the past several years — would most likely bear the brunt of the burden but receive considerable subsidies to remain competitive

I recall the wisdom of Ronald Reagan:

The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

RIP RR...damned we miss you!