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Monday, August 4th, 2008
Things are getting worse all the time for Barack Obama. Check out his reversal of opinion on new offshore oil drilling. Not a long-term solution.
Okay, so let me get this straight, you are the candidate for change right? So what does that mean exactly? You will change to become more like the assholes that are causing the problems you are railing against when the times get tough? That sounds like a great idea. Try to win over some people that probably wouldn't have voted for you anyway by moving closer to "their" candidate and in the process alienate the folks that were genuinely behind you. Good thinking.
So, now Obama is supporting some new drilling and also dipping into the nation's emergency reserve. He said that past release from the reserve lowered gas prices within two weeks. My question is this. How long do you think that will last? It might drop the prices a little, then what? Are they going to stay there? I think that unlikely. Prices will start to crawl back up. What it will do however is give the big oil lobby ammunition to use. They, and the politicians they own, will argue that we need to start drilling the shit out of everything for the sake of gas prices. And each time they open a new well or plant the prices will drop a little bit for a short period of time.
What people will not realize is that the price of gas will drop not because the market suddenly has that fresh influx of oil, but because the people controlling the oil will lower the prices of their own accord to present the illusion, thus giving them further leverage for expansion.
Obama says himself that his plan "has merit in terms of just a short-term effect on prices." He continues, "I offer no suggestion it will make a long-term impact on the fact that demand worldwide is going up while supply is flatlined,"
Okay then, I think we all knew that. So why not grow a pair and work on ways to come up with long-term solutions?
That is a major problem with politicians. They only think in 2, 4, or 8 year intervals. They can't see beyond the next voting season so legislation is comprised largely of a patchwork of short-term bandages to cover ever growing wounds. Meanwhile, the country is hemorrhaging because of this myopic "treat the symptom, not the disease" mode of thinking.
Later in the article Obama is quoted as sounding off against a president in the pocket of big oil and that the country can't afford another. He is right about that, but why does his answer involve going down to their level? Even if it is a watered down version of what John McCain would like, it's still the same game. The problem is, that this game is run by the oil companies. They own the playing field, the referees, and they make the rules up as they go along. The only player in a position to lose is us.
richter
Monday, August 4th, 2008
Things are getting worse all the time for Barack Obama. Check out his reversal of opinion on new offshore oil drilling. Not a long-term solution.
Okay, so let me get this straight, you are the candidate for change right? So what does that mean exactly? You will change to become more like the assholes that are causing the problems you are railing against when the times get tough? That sounds like a great idea. Try to win over some people that probably wouldn't have voted for you anyway by moving closer to "their" candidate and in the process alienate the folks that were genuinely behind you. Good thinking.
So, now Obama is supporting some new drilling and also dipping into the nation's emergency reserve. He said that past release from the reserve lowered gas prices within two weeks. My question is this. How long do you think that will last? It might drop the prices a little, then what? Are they going to stay there? I think that unlikely. Prices will start to crawl back up. What it will do however is give the big oil lobby ammunition to use. They, and the politicians they own, will argue that we need to start drilling the shit out of everything for the sake of gas prices. And each time they open a new well or plant the prices will drop a little bit for a short period of time.
What people will not realize is that the price of gas will drop not because the market suddenly has that fresh influx of oil, but because the people controlling the oil will lower the prices of their own accord to present the illusion, thus giving them further leverage for expansion.
Obama says himself that his plan "has merit in terms of just a short-term effect on prices." He continues, "I offer no suggestion it will make a long-term impact on the fact that demand worldwide is going up while supply is flatlined,"
Okay then, I think we all knew that. So why not grow a pair and work on ways to come up with long-term solutions?
That is a major problem with politicians. They only think in 2, 4, or 8 year intervals. They can't see beyond the next voting season so legislation is comprised largely of a patchwork of short-term bandages to cover ever growing wounds. Meanwhile, the country is hemorrhaging because of this myopic "treat the symptom, not the disease" mode of thinking.
Later in the article Obama is quoted as sounding off against a president in the pocket of big oil and that the country can't afford another. He is right about that, but why does his answer involve going down to their level? Even if it is a watered down version of what John McCain would like, it's still the same game. The problem is, that this game is run by the oil companies. They own the playing field, the referees, and they make the rules up as they go along. The only player in a position to lose is us.
richter