I don't like obscene profits being made anywhere. I'd be glad to look not just at the windfall profits tax, that's not what bothers me, but we should look at any incentives that we are giving to people — or industries or corporations — that are distorting the markets.Total ignorance. His whining about torture is another.
But at least he's giving folks some reason to vote for him besides his tough stances on Iran and the awful Boumediene vs. Bush decision. Here's the reason: he's reversed field on drilling.
Unlike Obama, who believes that a "windfall profits" tax on oil companies is necessary and who wants to distribute the proceeds as pork to various ethanol producers under the guise of bankrolling "alternative" energy sources, McCain believes we actually must explore and develop our OWN sources of energy.
Read the rest here. Also, Florida governor Charlie Crist, who sounds like he's angling for a spot as McCain's running mate, has reversed field like his boy McCain and supports lifting the Federal ban on offshore drilling, something that idiotic Floridians have supported for years.McCain said Obama "says that high oil prices are not the problem, but only that they rose too quickly. He's doesn't support new domestic production. He doesn't support new nuclear plants. He doesn't support more traditional use of coal, either."
Instead, McCain said Obama "wants a windfall profits tax on oil, to go along with the new taxes he also plans for coal and natural gas. If the plan sounds familiar, it's because that was President Jimmy Carter's big idea too — and a lot of good it did us."
With $4 gas a way of life, the sooner we can drill, the better. Especially seeing that a hurricane in the Gulf, with the present volatility of the market, would drive prices up to the stratosphere. Ten bucks a gallon may be in the future, something that would be beyond disasterous for our economy. As folks have seen, when oil is through the roof, it isn't just those evil white people in the suburbs who drive SUV's and voted for Bush who suffer. It affects everything, from food prices, to airline travel to plastic prices.
Other than corn, which drives up food prices and pads the pockets of wealthy agro-corporations thanks to ridiculous Federal subsidies, Obama has no new sources of energy in his solution. No nukes. No coal. Just solar and wind power. Right...
Just the same old, same old socialistic punish-the-rich tripe that socialist scum like him have tried and retried despite repeated failures. To me, the definition of insanity is repeating the same thing over and over again and expecting different results. In that light, liberals are definitely insane. Change? What kind of change except to the failed policies of the past?
As I like to say about Obama: My name is Barak Obama and my vagina approved this message.
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