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And don’t all freak out because it is Rush.
Absolutely no new drilling (even though EVERY other country in the world does it).
No new nuclear plants.
His answer to high gas prices is windfall profits tax. Whatever the fuck that is…sounds like something that will just result in higher prices at the pump.
….and now his most brilliant new solution to the energy problems yet!
Sat Aug 02, 2008 at 10:43:56 AM PDT
In the recent statement by Obama about offshore drilling, there has apparently been selective editing taking place at the AP to delete this paragraph.
Here’s an earlier release which contains the whole Obama quote.
Later versions of this AP piece leave out this paragraph, and ‘news outlets’ like the NYT are not quoting this paragraph.
"Like all compromises, it also includes steps that I haven’t always supported," Obama conceded. "I remain skeptical that new offshore drilling will bring down gas prices in the short-term or significantly reduce our oil dependence in the long-term, though I do welcome the establishment of a process that will allow us to make future drilling decisions based on science and fact."
Continue reading…
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Obama Opens the Door to Offshore Drilling By Jonathan Weisman I was listening to the Rush Limbaugh show today and suddenly
Posted by bruni
on August 28, 2008
Rush Limbaugh is talking on his show like normal, suddenly you get someone on the phone who yells yeehaw or something, it’s George fuckin Bush, LOL! I thought it was a satire at first, but no it’s the real thing You forgot Jeb. Jeb was on too. To the conservatives & pro-oil republicans:
Posted by bruni
on August 28, 2008
Why is it that you love oil so much and want to push so hard to bring in more oil? I don’t see you pushing for alternative energy research and merely state "nuclear is the answer" when it’s plainly clear that it isn’t. So what are you planning on doing when you’ve been pushing oil so hard and it turns out that we won’t have a drop of oil for 10-15 years? GOP remains in Congress despite the Democrats adjournment for vacation
Posted by bruni
on August 26, 2008
A bit long but worth reading Pelosi and the dems won’t let off-shore drilling up for a vote even when 70%+ of Americans are demanding it. Plus, she doesn’t want to force a vote on Obama because she knows it could be political suicide for him. House Dems turn out the lights but GOP keeps talking. "Speaker Nancy Pelosi (D-Calif.) and the Democrats adjourned the House and turned off the lights and killed the microphones, but Republicans are still on the floor talking gas prices. Here’s a good read on windfall taxes and why it’s silly to levy them against Big Oil
Posted by bruni
on August 24, 2008
What Is a ‘Windfall’ Profit? August 4, 2008 The “windfall profits” tax is back, with Barack Obama stumping again to apply it to a handful of big oil companies. Which raises a few questions: What is a “windfall” profit anyway? How does it differ from your everyday, run of the mill profit? Is it some absolute number, a matter of return on equity or sales — or does it merely depend on who earns it? so we’re under $120/bbl for crude
Posted by bruni
on August 20, 2008
Shit, I’m only paying 12 cents less than I was when it was at 140 Does the price of bread change every time grain prices move? No, only when gas prices increasze. Repel the calls to contain competitive markets
Posted by bruni
on August 16, 2008
By Alan Greenspan Published: August 4 2008 18:54 | Last updated: August 4 2008 18:54
The surprise of recent months is not that global economic growth is slowing, but that there is any growth at all. The credit crunch of the past year has not followed the path of recent economically debilitating episodes characterised by a temporary freezing up of liquidity – 1982, 1989, 1997-8 come to mind. This crisis is different – a once or twice a century event deeply rooted in fears of insolvency of major financial institutions. |