Archive for the ‘Energy’ Category
Have you ever wondered what the lowest form of life is?
Don’t bother pondering it too long because without a doubt it is the lowly politician. What other conclusion can be reached as we watch them purposely destroy the economy?
The excuses are as many as there are self-serving bureaucrats, but excuses won’t cut spending, pay down debt, increase jobs or cut the trade deficit.
If there is to be an illusion of strengthening the economy there must be an attempt to develop domestic energy.
The U.S. used 22.8 trillion feet of gas and 5.2 billion barrels of oil in 2009. Locked up by federal restrictions are approximately 43 billion barrels of oil and 286 trillion cubic feet of natural gas. Without access to these resources, average natural gas prices will rise 17% by 2030 and electricity prices will “necessarily skyrocket,” as Barack Obama once said, by at least 5%.
These are not climate fantasies derived by running faulty assumptions and bad data through inaccurate computer models. This is simple math, common sense and Economics 101.
Energy is expensive.
Why are we leaving vast amounts in the ground while importing it from others. What exactly are we saving it for? What reason is there to neglect the wealth and jobs to be found in our waters and under our feet?
It all comes down to the complete and utter failure of our politicians to do what is best for the long-term health of the nation. Meanwhile, the economy continues to tank, the jobless rate continues to rise, the many taxes continue to be oppressive and domestic oil & gas remains an untapped resource.
Our biggest deficit these days is in the area of common sense.
House Minority Leader John Boehner (R-Ohio) says the country is in the midst of a “political rebellion” because his Democratic colleagues are bankrupting America.
He noted that Democrats promised “jobs, jobs, jobs” with their 1,100-page stimulus, but instead America got “spending, spending, spending.”
The House Democrats accused him of being disrespectful for opposing the massive stimulus bill. This was countered, saying “What’s disrespectful is wasting $800 billion and expecting our kids and grandkids to pay the bills.”
The congressman also attacked the cap-and-trade bill that passed the House, noting it would impose a $1,750 energy tax on Americans and require “Fannie Mae and Freddie Mac to have ‘green mortgages.'” On health care, he pointed out that H.R. 3200 would create 51 new agencies, boards, commissions, and mandates.
Boehner also attempted to dispel claims that there is no taxpayer funding of abortion in the legislation, stating that “If you look at the bill in the House, it allows for taxpayer-funded abortions.”
Boehner noted that the TEA parties are a great success because people realize liberals in Washington are “dimming the lights of opportunity for our kids and grandkids.”
Not to be overlooked, the congressman also said he is focused on taking the gavel away from House Speaker Nancy Pelosi. That is a worthwhile objective under any circumstance.