20081204 Why Obama Dems Will Bankrupt America
Here is the number 1 reason the Obama dems will bankrupt America: Obama dems have the plan to place additional taxes on oil and gas. An additional tax on oil and gas, coal, …., is strictly a higher cost sent to the consumer when he pays his heating bill; or electric bill, or buys anything (everything is made from and is transported because of oil and gas). It is impossible for oil and gas to expand exploration and research when More money gets funneled off to the black hole of gov.
Every dollar of new American energy created lowers the national debt and increases the velocity of money in the US. This would get America running again. And when oil goes up: fine, then the money stays in America. Folks, this is not hard stuff.
Research of alt energy should continue of course; but a smart leadership in America would get all over the resources that are American; -and are Proven; and that will help all of America today!
Obama does not get it; the American economy runs on energy. Everything you touch today is a product of energy; and I mean fossil fuel, nuclear, and coal. Alternative fuel has it’s place; but now is not the time. Now is the time to create jobs that mean something. Now is the time to create jobs in American Energy.
Obama has zero advisors that are ceo’s of big oil. Some of these ceo’s are pretty smart guys with an understanding of energy. Any Obama team that does not have representation from energy (some one that actually is working in energy, – not political economist airheads) is damn worthless. Every Obama team should have a representative from each respective energy company that knows energy and can talk factual statistics and dollars in oil and gas, nuclear, and coal. An energy job feeds the economy in an exponential fashion: jobs created by the energy jobs Plus the multiple of jobs created by low-cost American energy. Folks, there is no energy created by building a damn highway or a bridge. By the way, where does all the fuel tax, bond money, state and local bonds, …. for building roads and bridges – where the h did that money go? Why do we need more money spent on roads when the money should already have been there? And a bridge produces zero energy. A natural gas job not only provides energy and an avalanche of job creation; but reduces the $700 billion dollars going out of the US to foreign countries. If one cared about the future of our kids, 100 nuclear plants would be built in the next 3 years. Disposal of nuclear has got to be resolved in any case: hospitals and industry have radioactive product going every direction 24/7 in America every day. Radioactive handling is a part of our life; and is not going away. Nuclear plants pave the way for electric vehicles and hybrid vehicles. Throwing money away on magic solar panels has been tried by every administration for 50 years and failed. Nat gas for commercial vehicles is proven; and is all American energy. All areas of the US should be opened up for exploration to decide envir impacts and proven reserves; so America would actually know the most productive places to drill with the least envir impact.
By the way, where do you think the oil used to build a road or the steel (made from metallurgical coal) used to build a bridge comes from? America imports 65% of our crude oil – you are not solving the energy dependence issue Obama, -you are making the situation unrepeatable!
jayR
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