The Absurd Report

If John McCain wants to be the next President of the United States and I say ‘IF’ grudgingly because I questions many of his campaign decisions and positions he has taken, the best way I know how to get elecetd is get on the same page as the American people.

BHO has handed the number one issue on the American Public’s mind, (“GAS and OIL PRICES”), on a silver platter and it is there for the taking but I not sure he will.

Reuters: “Democratic presidential candidate Barack Obama said on Monday he would impose a windfall profits tax on U.S. oil companies as he sought political gain from Americans’ pain over high gasoline prices.”

Now why do I say… “I am not sure”? Let me opine for a moment.

First of all, let me say that I intend to vote for McCain and I pray he wins because I don’t want to see this country turned over to Muslim fanatics and governed by the Communist Party of America.

Now this is purely conjecture on my part but I see McCain as stubborn old man who is hard-headed and refuses to change his ways. His problem could very well be that he lives in the cloistered bubble of Washington where they have no idea of what ’fly over’ America thinks.

57% of Americans today think it is time to DRILL for oil, they dismiss global warming as a hoax and they think “Cap and Trade Taxes” is another government attempt at income redistribution. (McCain is against drilling in ANWR, endorses Global Warming and Cap and Trade)

They have awaken to the fact that the “Green Lobby” does not have this country’s best interest at heart and they are nothing more than Socialist who desire to weaken our economy and turn America into a third world nation. Americans do not wish to see the environment harmed but like in all situations there must be some give and take for the sake of the country. There is no middle ground with the “Green Lobby.”

Now getting back to Barack Obama’s proposal for a “windfall profits tax on U.S. oil companies”, this was tried once before by Washington 30 years ago under the Carter Administration and proved to be a disaster then as it will now. A windfall profits tax will NOT produce one barrel of oil but in reality will produce less, less money less production.

Now let’s look at just who will pay this tax and it is the American Public.

• Almost 43 percent of oil and natural gas company shares are owned by mutual funds and asset management companies that have mutual funds. Mutual funds manage accounts for 55 million U.S. households with a median income of $68,700.

• Twenty seven percent of shares are owned by other institutional investors like pension funds. In 2004, more than 2,600 pension funds run by federal, state and local governments held almost $64 billion in shares of U.S. oil and natural gas companies. These funds represent the major retirement security for the nation’s current and retired soldiers, teachers, and police and fire personnel at every level of government.

• Fourteen percent of shares are held in IRA and other personal retirement accounts. Forty five million U.S. households have IRA and other personal retirement accounts, with an average account value of just over $22,000.

McCain’s moment is here right now and he should jump on this issue and run against Obama’s “Windfall Profit Tax” and the Democratic “Drill-Nothing Congress”.

These are win-win issues and the American People will follow the man who endorses them.

Update: The above was written before John McCain made his Wednesday morning appearance on the TODAY SHOW interview which I can only describe as a disaster.

I have stated in the past stated that I didn’t think “McCain was the Brightest Bulb on the tree” and I have to take that back. NOW I KNOW IT!

Yesterday Barack Obama stated (and I paraphrase) that he agreed with the rising gas prices but only wished that they didn’t rise so suddenly.

There you have it, the whole Democratic Party position on energy prices; they would like the American People to choke on gas prices until they hurt so bad you will give up your cars, Suv’s and ride a bike to work.

Instead of attacking BHO for wanting to inflict financial pain on the American Public our Republican nominee agrees with him on the TODAY SHOW. Is this not a perfect issue to run against the Democrats with?

And then McCain goes on to describe our untapped oil resources as FINITE as to refer to as we can be running out of oil in the immediate future. McCain has no clue about known untapped oil reserves that this country has.

Ladies and Gentlemen we are standing and walking on trillions (with a “T”) of barrels of oil reserves out there. Enough to supply are needs for several hundred years. To describe this as FINITE is totally wrong because we don’t know what UNKNOWN reserves may still be discovered.

And then he went on and said that he opposed drilling in ANWR for the same reason that he “would not drill in the Grand Canyon… I believe this area should be kept pristine.” (Proposed oil and gas exploration in ANWR would only affect 2,000 of its 19 million acres, or 0.01 percent.)

And once again our fearless leader endorsed Global Warming’s “Cap and Trade Taxes”, does this man have any CLUE about what the public thinks? The very people he needs to win the election.

I could go on and on but I am tired of dealing with political idiots who don’t take the time to get informed about the subjects that they speak about. If McCain doesn’t win this upcoming election he will have no one to blame except himself.

Related

McCain Should Run Against Congress by Kimberley A. Strassel

When House Minority Leader John Boehner is asked whether his party needs to distance itself from George W. Bush, he likes to point out the president isn’t on the ticket this fall. True. Several hundred incumbent GOP members of Congress are, however, and don’t think John McCain hasn’t noticed.

With Congress’s approval rating at record lows, the time is ripe for a slam campaign. Barack Obama won’t do it, since his Democratic colleagues are running the joint. But it’s a huge opportunity for Mr. McCain, who could play Congress’s failings off his promises for reform. Even as Republicans sagely warn their nominee to distance himself from the president, they’re beginning to see that his more productive option might just be to throw them - and Congressional Democrats - under the Straight Talk bus.

Mr. McCain could take encouragement from history.

Read more from The Wall Street Journal

Obama’s climate solution: tyranny

Democratic presidential candidate Barack Obama promises that, as president, he will mandate – that is, compel – a national reduction in greenhouse gas emissions to 1990 levels by 2020 and an 80-per-cent reduction below 1990 levels by 2050. He says (in his policy papers) that he will accomplish this transformation in energy use through “cap-and-trade,” the fashionable means to a fashionable end.

All the Democratic presidential candidates, in fact, promised precisely the same tough target on greenhouse gas emissions (GHG), a much more ambitious mandate than provided in the bipartisan legislation that U.S. Senate Democrats discarded last week when it became obvious that they didn’t have the votes to pass it.
[...]
The question is this: Assuming for the moment that he wins the presidency in November, can Mr. Obama keep his commitment – and, if so, what costs and consequences will ensue? These could be much higher than people now expect, much higher than people will expect when they cast their ballots in November. Fortunately, the Washington-based Marshall Institute, a science policy think tank, has conveniently calculated separate bills. (George C. Marshall, the American soldier and diplomat, won the 1953 Nobel Peace Prize for the celebrated Marshall Plan reconstruction program in postwar Europe.) In one of its “policy outlook” papers, published earlier this year, the institute walks us through these calculations, step by step.
[...]
Holy Marxist mania, Batman. Do we really know what we’re doing?
No problem, Robin. We have a Fifty-Year Plan. What could go wrong?

Read more here…

Tags: McCain's Energy Policy

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