The Liberals (Are Not) Looking Out for Americans
At a time when America needs leadership from Washington this is the typical response that we are getting from the Democrats and RINOs who are in charge in Washington, well at least they have the numbers, are telling all of America. And it looks like America is about to give the self-defeatist an ever larger presence in Congress. Maybe Americans do deserve the high price of gas and food.
By the way, this pretty much represents Republican John McCains response to drilling in ANWR and the OCS as well to help reduce Americas dependence on the blackmailing OPEC teat. Oh well, some have said that McCain is a Democrat at heart anyway. There just might be some truth to that after all. He is at least a liberal at heart. We all need to turn up the heat on these liberal obstructionists in both parties to become energy independent for America. Write or call your Congressman and Senator as well as the President and demand they allow drilling NOW. Also go and sign the petition at this link that tells Congress to Drill Here Drill Now.
The gas prices (and government) we deserve
Columnist George Will writes for the JewishWorldReview this week that we Americans are getting the sky high fuel prices that we deserve. That's right and I happen to agree with him in this respect. I also believe that his reasoning and logic could easily extend to the kind of government we Americans are having to deal with has the very same roots.
Senator Chuck Schumer (SocD-NY) wants the US to blackmail Saudi Araiba to lower the cost of gasoline at the pump. He wants the the Saudis to know that the US will withhold military parts and equipment shipments if it doesn't increase the output of oil by one million barrels a day. I'm not kidding you. The very Chuckie Schumer who has religously voted to prevent drilling anywhere that the United States has oil soverignity or rights or in other words, here at home. The very Chuckie Schumer who has religously voted to deny new permits for any new oil refineries, the very same Chuckie Schumer who has religously voted to deny permits to build any new nuclear power plants. You get the idea.
Three quarters of the current US Senate has also voted with old Chuckie Schumer to do the very things I listed above. Now they are running around screaming for the heads of oil execs and pointing fingers at every one and anyone else but at the real guilty parties. Themselves!
Every first world nation and some second world nation around the world are all doing the very same things that we are not doing in order to make their countries self-sufficient and less dependent on foreign oil imports. Everyone but the US. Instead these wise Senators wants the US to become even more dependent on foreign oil imports. This is sheer self-destructive lunacy and will end up destroying our economy and status as the leader of the free world. At this rate we have about ten years or so before our world collapses and we go the way the Romam empire went.
This brings me to why Americans should just shut up and suck it up and stop their incessant whining. After all we citizens are the ones who election after election keep re-electing these very same screwed up anti-American Senators and Representatives to office over and over. Americans claim to want change but they keep doing the very same thing every election. How can change happen if we don't do anything different to make that change happen?! These politicians just keep voting for their very own selfish interests and for their high paid lobbists buddies. The people's interests are the last thing these sell out politicians think about at the end of the day. Do you really think you could get any significant and productive face time with your US Senator if you called him/her for some other than getting your picture taken (aka a photo-op) with him/her to use in their re-election efforts?
You would have to wait in a long long line behind all those highly paid (many of them for foreign govtt's.) lobbists all vying for face time and securing their votes (for suitable enumeration I'm quite sure) for their company or governments projects. Anyway I suppose I digress too much by now. Please, go read George Wills column. It is refreshing to see someone in the MSM address this subject from this perspective.
By George Will
Rising in the Senate on May 13, Chuck Schumer, the New York Democrat, explained: "I rise to discuss rising energy prices." The president was heading to Saudi Arabia to seek an increase in its oil production, and Schumer's gorge was rising.
Saudi Arabia, he said, "holds the key to reducing gasoline prices at home in the short term." Therefore arms sales to that kingdom should be blocked unless it "increases its oil production by one million barrels per day," which would cause the price of gasoline to fall "50 cents a gallon almost immediately."
Can a senator, with so many things on his mind, know so precisely how the price of gasoline would respond to that increase in the oil supply? Schumer does know that if you increase the supply of something, the price of it probably will fall. That is why he and 96 other senators recently voted to increase the supply of oil on the market by stopping the flow of oil into the Strategic Petroleum Reserve, which protects against major physical interruptions. Seventy-one of the 97 senators who voted to stop filling the reserve also oppose drilling in the Arctic National Wildlife Refuge.
One million barrels is what might today be flowing from ANWR if in 1995 President Bill Clinton had not vetoed legislation to permit drilling there. One million barrels produce 27 million gallons of gasoline and diesel fuel. Seventy-two of today's senators — including Schumer, of course, and 38 other Democrats, including Barack Obama, and 33 Republicans, including John McCain — have voted to keep ANWR's estimated 10.4 billion barrels of oil off the market.
So Schumer, according to Schumer, is complicit in taking $10 away from every American who buys 20 gallons of gasoline. "Democracy," said H.L. Mencken, "is the theory that the common people.....
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It's not an Oil Crisis 'Stupid' it's a Dollar Crisis
Here is an article that I came across recently that goes a long way towards explaining why oil costs so much lately. These days everybody and their dog are out there blaming everything under the sun for the high costs of oil with most of them not having an actual clue. Well this guy appears to come closer to the truth than all the rest of those other folks combined. Read on make and up your own mind.
It's not an Oil Crisis it's a Dollar Crisis
Peter Schiff
May 23, 2008It is unfortunate that the Supreme Court, in its ruling this week that U.S. currency is unfair to the blind, did not make the next logical step and declare it unfair to everyone who buys gasoline.
In their search for explanations as to why oil has surged past $130 per barrel, Washington, Wall Street, and the financial media are as clueless as cavemen after a freak summer snow storm. Despite the head scratching, the blame game is nevertheless in full force. Speculators and big oil companies are being trotted out as scapegoats, and increased margin requirements and taxes on windfall profits and futures trading have been mentioned as appropriate sanctions. It should be clear that this is pure farce, and that no one understands what is actually happening.
The reality is that after years of reckless consumption and dollar debasement, Americans are now being priced out of markets over which they formerly held unchallenged title. As more affluent foreigners consume more of the resources and products they previously supplied to us, Americans are being forced to cut back. The rising dollar-based price of gasoline is simply an illustration of this global trend.
Poorly concealed behind contrived government statistics, the signs of America's falling standard of living are everywhere; all one has to do is look. We are unloading SUVs for less desirable compacts, and are paying more to fly on crowded planes (where we pay to check luggage and dine only on what we bring onboard). We drink our lattes at McDonalds or not at all, and we increasingly forego dining out, trips to the mall, and vacations, just so we can scrape together enough to fill our gas tanks and kitchen pantries, pay taxes and insurance, or make credit card, mortgage or car payments.
The collective belt tightening is simply the down payment on the Government's massive bailout of Wall Street investment banks and mortgage lenders. As the Fed creates money to buy bad mortgages and other shaky securities held by banks and brokerage firms, the value of the savings and wages of everyone on Main Street will continue to fall. As a result, the costs of products previously taken for granted have begun to bite.
The various housing bills and stimulus packages now passing through Congress will add significantly to the staggering final price tag. In the end, the "free lunch" currently being dished out by Washington will be the most expensive meal ever served. The cost will be borne by ordinary Americans citizens every time they open their wallets. Four dollar gasoline is just the beginning.
For all the talk of increased global demand, few seem to understand from where it actually comes. The surge in global demand is both a function of the increased purchasing power of foreign currencies and the fact that foreigners are choosing to spend more of their incomes themselves. In other words Greenspan's famous "global savings glut" is turning into a global consumption binge, with Americans unable to crash the party. This trend will only get worse as the dollar-denominated price of just about everything that is either imported, or capable of being exported, goes through the roof.
We can look for scapegoats all we want but the simply fact is Americans are going to have to get used to a much lower standard of living. Those who have been putting all the food on our tables are finally pulling up chairs themselves.
There it is folks. This writer has put it more eloquently and succinctly than not only I could have outlined it but better than all those over paid financial analysts down at Wall Street. The last paragraph highlighted in red sums it up best IMHO as the net end result. The futures traders are going to be howling to high heaven but so what. That's life so get over it. The dollar is steadily losing ground in the global marketplace and with that so is the American economy. We are no longer an island unto ourselves.
People had better open their sleep covered eyes and look at what's going on around them closely and take stock and start to plan for a coming downsized lifestyle because as sure as the sun is going to rise tomorrow the American standard of living is going to be downsized just as the economy is going now. America has gone from a world dominating manufacturing based economy to a user service based economy which leaves us all at the mercy of global forces beyond our control. Those who believe in our own governments fairy tale version of economic indicators will be the ones left holding the bag in the end. After all these are the very same folks who have allowed this to happen in the first place.
http://www.321gold.com/editorials/schiff/schiff052308.html
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