“The Next Great Generation”???
The Bear on Jul 08 2008 at 8:31 am | Filed under: Energy Policy
There comes a time when We The People must stand and be counted as our fathers did when they defeated the Nazi war machine. The country mobilized into a united effort and historians have dubbed them “The Great Generation” for the effort they put forth.
Will our children look back at this time and call us a Great Generation or “The Stupid Generation” for letting the buffoons in Washington go on unchecked and destroy this once great mighty country?
America has an energy crisis at the gas pumps and that crisis is directly attributable to failed energy policies of the past couple of decades. The No-Drill Congress continues to demagogue the issue of drilling and just plows ahead chasing voodoo energy solutions instead facing the reality of past failed energy policies.
While “Big Oil” has become the convenient punching bag for these ignorant poltroons who represent us, Congress lives by the credo of never admitting you where wrong and never looking back and We The People have no one to blame but ourselves for putting these clowns into office.
They will blame this energy crisis and every one and any one but themselves when it is Congress who banned off shore drilling, when it is Congress who voted in 2002 against drilling in ANWR and if President Clinton hadn’t vetoed the idea of drilling in ANWR back in 1995, we’d have that oil on the market today.
Now that the country is in the throws of a bad economic slump and faced with 4% inflation eating away at families’ budgets because of rising food prices and energy costs is not time to unleash the great American free enterprise energy giants to drill for our own resources.
The No-Drill Congress will exclaim that it will take ten years before any of these resources come on line and I say HOGWASH! And if they had done their job twenty years ago we wouldn’t be faced with this present crisis. So why should we wait any longer? The present economic crises is a man-made crises created by the Green Lobby and their friends in Congress.
I firmly believe that the $140 price of a barrel of oil is an artificial bubble created by poor and un-decisive American energy polices and that bubble will burst as soon as this country announces a firm policy for drilling.
Now will drilling solve all of our economic woes? Yes and No. But it sure will go a long way in alleviating our present problem. I look at drilling for oil today as a bridge to the future when we will have a new form of energy. I can foresee the day in the next 50 years when the gasoline combustion engine will be a thing of the past. If I am wrong I will buy all of you dinner, just look me up in 2058.
And then there is this seldom mentioned fact about a firm commitment to drilling, how many new jobs will this create? I have read estimates that it could be as many as 775,000 new jobs.
Also, what has to be considered is the trade deficit. By no having to send billions of dollars overseas to buy oil this will be a boom for the economy and strengthening the value of the dollar.
It should be apparent by now to all that Washington’s political elite class does not represent the people of this country; they are more interested in controlling every aspect of your life. They want your vote, they want your money and in return they offer no solutions to the problems they have created.
Now that Pelosi Premium is nearing $5 at the pump will we send this group of incompetents back to Washington in November because if we do I guarantee you that all we will get is more of the same. Or will we tar and feather them and send them into political exile?
My bottom line – Vote against any member of Congress who votes against drilling.
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It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress. - Mark Twain
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Corn-based ethanol gets a 51-cents-a-gallon tax subsidy that will cost taxpayers $4.5 billion this year. McCain opposes ethanol subsidies while Obama supports them. McCain opposed them even though Iowa is the first caucus state. Obama, touted by Caroline Kennedy as another JFK, was no profile in courage in Iowa.
That subsidy was cut to 45 cents a gallon in the new farm bill, but more money was pushed toward other biofuels such as switch grass. The Democrats can’t wait for offshore oil or ANWR, but they can wait for switch grass. The tariff on imported ethanol was extended. Neither candidate voted on the bill, but Obama said he supported it. McCain said as president he would have vetoed it.
Even if we tripled our current output from wind, solar and geothermal, they’d produce just 2.2% of our current energy needs.
The problem with wind and solar, other than getting the power from where it is generated to where it is needed, is its intermittency. The electricity generated must be used immediately. It cannot be saved for that proverbial rainy day.
Report Blames Biofuels for Food Crisis
LONDON (Reuters) - Biofuels have forced global food prices up by 75 percent — far more than previously estimated — according to a confidential World Bank report published in a British newspaper on Friday.
[...]
Read more here…
And where is McCain in all of this?
Politically, Sen. McCain must also understand how Hillary Clinton clobbered Barack Obama in the big state primaries: Blue-collar workers. They can be the key to victory for McCain. Guess who works in the energy business? Blue collar Reagan Democrats. They work on the rigs. They work in the fields. They drive the trucks. And they’re paid high wages — substantially above the average hourly wage.
And McCain can sell it this way: American workers are worried about jobs going offshore to India, China, Vietnam, and Bangladesh. Well, a drill, drill, drill, plan would create millions of new domestic American jobs.
Sen. Obama is opposed to drilling. Opposed to nuclear. Opposed to coal. He and Harry Reid believe wind, solar, and ethanol are the answers. They’re not.
And where in the world is John McCain on this very same issue? It’s simple: Sen. McCain should be pummeling Barack Obama daily on drill, drill, drill. Why? Because oil and gas pump prices are potentially the single-biggest wedge issue in the presidential campaign. Mr. McCain has to pound the point home.- Larry Kudlow
And where is Obama in all of this?
In short, by opposing all drilling in Anwar, off the coasts, the continental shelf, and omitting any reference to coal, tar sands, shale, or nuclear, he apparently thinks that millions of acres of new solar panels and hundreds of thousands of wind turbines dotting our mountain crests and deserts, together with millions more acres devoted to corn, will somehow bring gas prices down or make energy more affordable.
But this is absolute lunacy, and no one in the media seems willing to have him explain just how many megawatts, and how many gallons of biofuels he hopes to produce, and how millions of jobs will be created therein and how our energy prices thereby will become affordable. – Victor Davis Hansen
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