“For the bureaucrat, the world is a mere object to be manipulated by him” Karl Marx
Almost 70% of Americans now believe gas prices are a bigger problem than global warming. So, President Bush recently lifted the executive ban on offshore drilling. Republicans support domestic drilling while continuing to explore and improve alternative energy technology.
The democrat response is to continue their assault on the oil industry and restrict the American public’s access to energy. Democrats refuse to expand domestic oil drilling, oppose nuclear and coal and offer wind and solar energy, which is currently unreliable and inefficient. Even the Democrat subsidized show-case wind turbine in Colorado produced minimal energy due to chronic equipment failure. Yet, Sen. Harry Reid (D-NV) eliminated energy amendments to his anti-speculation bill and Sen. Robert Byrd (D-WV), Appropriations Committee canceled consideration of spending bills for fear that Republicans would include drilling amendments.
Instead democrats continue to obfuscate about oil companies having 68 million acres of leased land where they can drill. Democrats omit the fact that the leases have been determined to be “non-producing” and lack enough oil to extract. Then “Lie” about it taking 10 years to get oil out of the ground and too the pump. Experts say it will take 2-5 years to get oil from the Continental Shelf and 5-10 years from areas further out and from the shale. But think of it, if Bill Clinton would have signed the ANWR bill and democrats had not denied access to the Outer Continental Shelf ten years ago, we would not be having this crisis now.
In May 2008, Democrats unveiled their grand energy plan. First, increase taxes on the oil industry, a policy Carter tried that failed miserably. Second, sue OPEC to release more oil, which is absurd. Third, is to have the FTC investigate oil companies for non-existent price gouging. This summer Pelosi proposed the lame idea to release the emergency oil reserves.
One of the most disingenuous democrats is Speaker Nancy Pelosi (D-CA). She refuses to allow dialogue on drilling and continues to block an up or down vote on drilling or building refineries. Instead she labels drilling a “hoax” and refuses to consider Republican energy proposals that don”t include huge government subsidies for unreliable alternatives. Her feeble explanation, she wants “to save the planet”.
This weekend Nancy Pelosi met with liberal sycophant Tom Brokaw on Meet the Press. Brokaw illustrated typical liberal journalism and did nothing more than provide Pelosi a podium for propagandizing the worthless democrat energy plan. Continuing the liberal lie she repeated that drilling for oil now would not bring any relief in gas prices for 10 years. Pelosi went on to tell Brokaw she wanted “the oil companies to give us their royalties.”
Pelosi conveniently omitted the truth about oil company profits; that the billions of dollars in recorded profits are due to increases in volume of sells. In fact, the oil industry average only 7-8% profit margins, which is lower than other industries including pharmaceuticals, computer equipment and even Planned Parenthood. Even CBS’s profit margin is 8.9%. Pelosi also omitted the oil industry pays about 45% of income in federal, state and local taxes, and she wants more. Brokaw just silently endorsed her Marxist policies.
The reason for Pelosi’s omission is typical liberal hypocrisy and dishonesty. Pelosi’s 2007 financial disclosure form Schedule III, “Assets and Unearned Income” shows she bought between $50,000 and $100,000 worth of stock in Clean Energy Fuels Corp., a natural gas provider founded by T. Boone Pickens. Through another company, Mesa Power, Pickens has committed $12 billion in Texas wind farms and the success of the venture depends on federal subsidies. Pelosi stands to gain a substantial return on her investment if gas prices stay high and government agencies use natural gas (a fossil fuel) as their primary fuel source. If gas prices fall conversion to alternative fuels become less attractive. Yet, Brokaw and the liberal media don’t even bother to ask her about the conflict of interest.
The dirty little secret is liberals care nothing for the American people, and care only for their power and pocket book. Pelosi illustrates the hypocrisy of liberalism. Only a Marxist bastion like San Francisco would keep electing someone as corrupt and ignorant as Pelosi.