So Now that President Bush has removed the executive obstacle to drilling for more oil all we have is the US Congress blocking it. And note that our US Congress is majority Democrat Party, well there you have it. Or do we? Seems that while the big oil companies are reaping record profits for their commodity, they have been quite happy to NOT do anything to lower it's value. So we have an interesting mix of Democrats AND Big Oil (Big Business) essentially colluding to keep the majority of America in the poor house. Who'd have thought that two sides who externally distrust each other would have worked things out so well?
All this wrangling for ever increasing profits has of course started to strangle our economy. Guess what, we can't say to Pres. Bush "it's the economy" because it isn't economics that is driving this craziness, it is simply greed. Even Democrats who traditionally love to hate big business seem to be favorable since the situation bolsters their "we need more government to help the 'poor' folk" and "we must 'save the planet' by going 'green' ", throwing away our oil based economy overnight by embracing 21st century tree hugging.
Heck Republicans don't seem too upset either. It's a free market, let the market set the price. That paradigm worked great when USA was the market. Now we compete with Japan, China, and Europe for oil. If our dollar goes down, the cost of oil goes up. But Republicans are too busy worrying about whether they can beat the Obama god who seems to walk on water while giving platitude laden orations to Europe and the Middle East.
Republicans should stop worrying about Obama, he will not make it to the presidency. He may think he is president already, but will wake up Nov 6th to a different reality show.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment