Revenue lost
Bubba called. Said his boys are trailing The Kid around the ranch, imparting their “vast” understanding of ranching to this tenderfoot. Kinda reminds Bubba of Old DeWitt, that know-it-all old coot. God thing The Kid is easy to get along with.
Bubba said what’s up with this Law of the Sea Treaty (LOST) where, if ratified by Congress, America would hand sovereign control of two-thirds of the Earths’ surface to the Third World? Obama is pushing for ratification of this United Nation treaty that would draw ocean boundaries, impose environmental regulations and restrict business on the high seas. While our sovereignty would be redistributed around the world, most of the funding for the massive LOST regulatory body would come from United States taxpayers. Larry Bell, Forbes magazine, reports “as much as 7 percent of U.S. government revenue that is collected from oil and gas companies operating off our coast” would be meted out to “poorer landlocked countries.”
Talk about wealth distribution. Bubba said it sounds like a United Nations power grab.
Couple of other items Bubba was steamed about: good for those Bonnie Brae residents suing Denton over those gosh-awful metal power poles. Those ugly things should have never been erected. And he wanted to know what’s with this $25 million convention center that Denton residents don’t even get to vote on but get to pay for?
Bubba was saddened to hear that Cousin Sylvia’s house burned in the Colorado Springs’ fire. Tough. Real tough.
Alice Gore,
Denton
Comparing the numbers
How amazing that Larry Beck would have the gall to remotely blame Congressman Burgess for the abysmal employment figures directly resulting from the purposeful counterproductive policies of the Obama administration.
The continuing refrain of 8.2 percent unemployment is in direct contrast to the 5.5 percent rate promised by the President’s 2009 “recovery plan.” This jobs drought results from employers’ continued uncertainty over taxes, impending implementation of ObamaCare and tyrannical regulation. Their concern extends to his budget submission containing $2 trillion in tax increases — the largest in American history.
Beck’s claim of renewable energy’s separation from Obama’s inflated green jobs numbers doesn’t justify squandering hundreds of millions of taxpayer dollars. After Obama awarded $9 billion to the Department of Energy for creation of green jobs, the National Renewable Energy Laboratory revealed only 910 direct jobs were created from 2009 to 2011. The Department of Energy disclosed that $38.6 billion of federally guaranteed loans to green-energy projects produced a scant 3,545 new permanent jobs, with 79 percent of funding going to foreign-based companies. Eighty percent of recipients are Obama donors. Eighteen clean energy companies supported by Obama are failing, with five having declared bankruptcy totaling $1,000,500,000. This includes the $535 million Solyndra fiasco.
The oil industry has added 75,000 jobs since Obama took office. He could have boosted jobs immediately by another 20,000 with an additional 500,000 indirect jobs and lowered energy costs by approving the Keystone Pipeline; but chose to stay on the green collar route to placate his radical base.
Bill Lawson,
Denton
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