As many deal with the destruction Hurricane Sandy left behind, Rush Limbaugh has a good laugh at the "hoax" that is Climate Change. Remember, Rush Limbaugh is one of the main people Republicans and the right wing listen to when developing their outlooks, policies, and more.
This clip from the Majority Report, live M-F at 12 noon EST and via daily podcast at http://Majority.FM
A central tenet of government finance is that money borrowed over the long term should be spent on projects that will outlast the debt – things like buildings, bridges or other essential infrastructure. That's not what upstate New York's Niagara County did with much of its money from tobacco bonds. Golf carts. Computers. Defibrillators. Portable radios. The money did not go toward the health care costs of smoking – as hoped by framers of the 1998 legal settlement with tobacco companies that has paid billions to states, counties and other governments.