ivoteamerica

By Alan Caruba.

What kind of government deliberately denies its citizens access to the energy they need to live, to conduct business, to transport goods, to travel, and to just turn on the lights? Answer: The United States of America.

In a letter to members of the G-20, the finance ministers and central bankers of leading industrial nations, President Obama said, “We should make sustained effort to carry through with our groundbreaking Pittsburgh commitment to phase out fossil fuel subsidies.”

The result of such action would give international energy companies in other nations a large competitive advantage while penalizing U.S. oil and natural gas companies.

As Dr. Richard Swier noted recently, “In the U.S., support for the oil and gas industry is largely about investment depreciation rules which are available to many industries.” Energy companies routinely put huge amounts of money at risk to explore, discover, and extract the so-called fossil fuels. Take away the subsidies and the cost of all energy use in the U.S. goes up.

Meanwhile, CNN Money reported on November 12 that “President Obama lifted his moratorium on deepwater oil drilling nearly a month ago, but the government still hasn’t issued any new permits in the Gulf of Mexico. And most analysts say permits will be slow in coming through 2011.” (emphasis added)

Some Good News and Some Bad News

This is great news for Saudi Arabia and bad news for Americans who think we should be accessing our own vast oil reserves. This failure to revive the oil drilling industry in the Gulf comes at a time when the price of a barrel of oil is rising while leaving thousands of oil industry workers in the Gulf States out of work.
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Every time you see some product being sold as “Green”, allegedly safer or beneficial for the environment, you can be sure that it is more expensive than a comparable product that does the same thing without making this claim.

Everything you eat, drink, wear or use begins as a “natural” product. It is absurd to think that calling it “Green” improves it in any fashion. Countless inspections before anything reaches the marketplace ensure product safety. To put it another way, a carrot is a carrot is a carrot.

Recently I received a news release from a public relations firm touting clients selling Green products such as “Parsley Plus All-Purpose Cleaner”, along with “stylish organic bed linens, “natural and organic clothing”, a “99.6% natural line” of shampoos, and, “100% Bamboo towels.”
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Syndicated from Alan Caruba

Between the time that George Washington took the first oath of office as president and when Barack Obama did—1789 to 2009, the United States had borrowed nine trillion dollars. Since Obama took office, it has borrowed or imposed nearly three trillion more debt. Tell me he is not deliberately seeking to bankrupt the nation.

In an August 28 Wall Street Journal editorial it noted that “To no one’s surprise except Vice President Joe Biden’s, second quarter economic growth was revised down yesterday to 1.6% from the prior estimate of growth of 2.4% which was down from first quarter growth of 3.7%, which was down from the 2009 fourth quarter’s 5%. Economic recoveries are supposed to go in the other direction.”

The Chacracteristics are Strikingly Similar

I was born during the Great Depression of the 1930s and have lived long enough now to find myself in a new one. There are similarities between the two, but the first one led to the creation of a variety of government regulatory entities and programs that should have avoided or at least were expected put the brakes on the current one.
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Syndicated from Alan Caruba

Ever since polls have been taken there have been presidents who encountered disapproval during their terms in office. Usually history exonerates them to some degree. This is not likely to happen with Barack Obama.

As this is written, a Politico.com polls puts Obama’s job disapproval rating at 46.4% and Congress has a disapproval rate of 72%, a figure matched by Rasmussen Reports. Obama’s disapproval rate according to Rasmussen was 44%.

Polls, we are always told, are “snapshots” of public opinion at a given time, but the polls consistently tell us that the vast majority of Americans disapprove of the President and Congress, and believe the nation is headed in the wrong direction.

In a recent Wall Street Journal column, Peggy Noonan, wrote “I don’t see how the president’s position and popularity can survive the oil spill. This is his third political disaster in his first 18 months in office. And they were all, as they say, unforced errors, meaning they were shaped by the president’s judgment and instincts.”

Suffice it to say that, if elections were being held next Tuesday, voters would replace most of those in Congress and, if Obama’s ratings continue to fall—-and I think they will—-there would be an angry mob surrounding the White House carrying torches and pitchforks demanding his resignation. Read the rest of this entry »