Charles Payne

Here comes the sun, here comes the sun
And I say it's all right
Little darling, it's been a long cold lonely winter
Little darling, it feels like years since it's been here

Here comes the sun, here comes the sun
And I say it's all right

-The Beatles

Well it isn't surprising that the climate change debate would heat up and be a topic on Sunday's talk shows. Bill Nye "The Science Guy" took Congresswoman Marsha Blackburn to task on looking the other way as polar ice caps melt. The problem with that statement is ice has been accumulating in the arctic, and the insinuation is that the government can control weather cycles. It's really remarkable; the same crowd that saw an opening by predicating global warming would change tactics to use any weather condition as an excuse to blame man.

The playbook is the same once we've had enough self-loathing, and feel demonized to the point of capitulation - we're supposed to tax ourselves into economic dire straits for redemption.

Last week, there was talk of hitting fast-food businesses with a huge tax to cover obesity, even though its authors agreed people would still be free to eat at places that sell fatting foods. The tobacco industry coughed up (no pun intended) $250 billion and anyone can still run to the local gas station to buy a pack of cigarettes. But one day soon, if environmentalists get their way, those same gas stations along with every household in America will pay a heavy price for harming Mother Earth.

Absurdity and Conventional Wisdom

I still find it remarkable how much ground the fear-mongers cover and how they continue to chip away at things that we used to take for granted, like mild-to-tough winters. Now, these things have the feeling of an 'apocalyptic' event that can only be avoided through economic sacrifice. It's not unlike the Maya's beheading of large groups of people in order to appease the gods. In this case, the suggestion is that looting wallets and making businesses less competitive, and making life more expensive, will stave off future winters.

It's completely absurd, but the campaign is gaining traction.

Much was made over the weekend of a survey from the National Science Foundation, which found more than a quarter of Americans didn't know that the Earth revolves around the sun, and not the other way around. It's one of those things where your initial reaction is what the heck...but then I began to think about this in a different way, that's important in the current climate change debate.


Charles Payne

Charles V. Payne is a regular contributor to the Fox Business and Fox News Networks. He is also the Chief Executive Officer and Principle Analyst of Wall Street Strategies, Inc. (WSSI), founded in 1991 which provides subscription analytical services to both individual and institutional investors.