Filed under: Election 2008, Media Bias, News, Politics | Tags: Gallup, John McCain, Obama, Polls, Rasmussen, Time
Time magazine joins Gallup and Rasmussen in showing a virtual dead heat between McCain and Obama. Gone, if it ever existed, is any “bump” Obama got from clinching the nomination.
This should be particularly disturbing to the Obama camp considering news analysis shows that Obama-only stories outnumber McCain-only stories by 4 to 1.
But not only is Obama losing ground to McCain, he has lost the Iraq issue, with voters trusting McCain more to deal with it best, and McCain leads Obama by 20 points when voters are asked who will best protect the country.
As Ed Morrissey at Hot air notes, the more people see of Obama, the less they seem to like him.
Filed under: Uncategorized
Obama gave a speech yesterday in Las Vegas. It was called “A Serious Energy Policy for Our Future”. He (hold your breath) blamed John McCain for the high price of gas. Well, he also spread it around Washington a little. He talked about our “addiction” to oil, and the “promise” of biofuels and “green Jobs” and the usual solar and wind blather. He promised that he will fix it.
The possibilities of renewable energy are limitless. But to truly harness its potential, we urgently need real leadership from Washington — leadership that has been missing for decades. We have been talking about energy independence since Americans were waiting in gas lines during the 1970s. We’ve heard promises about it in every State of the Union for the last three decades. But each and every year, we become more, not less, addicted to oil — a 19th century fossil fuel that is dirty, dwindling, and dangerously expensive. Why?
Why do they always claim we’re “addicted” to oil? As if we could just go through rehab, and we wouldn’t have to use anymore. Our economy runs on oil. Everything that we eat, wear, use and live in or with, is transported to us by the energy in petroleum. To simply dismiss it as “a 19th century fossil fuel” shows a breathtaking lack of understanding of the importance of oil in our economy. And “dwindling” — only because with our refusal to tap our own abundant resources, we are increasingly dependent on oil from foreign sources. The world has plenty of oil. Brazil has just discovered two immense oil fields. Iraq’s oil reserves are estimated to be greater than Saudi Arabia’s. China and Cuba are drilling just off our coast. But back to Barack:
After all those years in Washington, John McCain still doesn’t get it. I commend him for his desire to accelerate the search for a battery that can power the cars of the future. I’ve been talking about this myself for the last few years. [?] When John F. Kennedy decided that we were going to put a man on the moon, he didn’t put a bounty out for some rocket scientist to win — he put the full resources of the United States government behind the project and called on the ingenuity and innovation of the American people. That’s the kind of effort we need to achieve energy independence in this country, and nothing less will do. But in this campaign, John McCain offering the same old gimmicks that will provide almost no short-term relief to folks who are struggling with high gas prices; gimmicks that will only increase our oil addiction for another four years.
Sigh. Democrats have swallowed so much Marxism that they cannot understand that “capitalism” is not a dirty word. “Capitalism” is simply the name Marx gave to the natural workings of the free market, because he was trying to sell his own system — socialism. Democrats do not like the free market. They don’t understand it, and they fear it because they cannot control it. [Which is the basic idea. It is called freedom — free market. They are supposed to let it alone.]
But Obama is too late. The Manhattan Project is already underway. As a result of higher energy prices, Robert Bryce tells us in The Energy Tribune ,” huge investments in renewable energy technologies are being made without government mandates. And yet more good news: the amount of technology and capital being brought to bear is unprecedented.”
According to New Energy Finance Ltd., a London-based research firm, in 2007 some $148.4 billion was invested globally in what it calls “clean energy technologies, companies and projects.” That’s nearly a four-fold increase over 2004 levels. And the 2007 estimate may be too low, according to Mark Mills, a co-founder of Digital Power Capital, a private equity fund that invests in energy technologies, and the co-author of The Bottomless Well, a provocative book on energy. Further Mills points to two critical differences from the 1970s, when energy price spikes hit the U.S. They are the huge amount of venture capital now available to energy entrepreneurs, and “the phenomenal new suite of technologies that are being brought to the market that can address the problem.”
Back in the ’70s, there was little private capital available to entrepreneurs who were developing new energy technologies. Today there are several thousand firms providing venture capital or private equity. And they are providing funding to inventors who can tap a staggering array of new technologies, from nanotechnology to high-bandwidth wireless communications, as they work to come up with new energy solutions.
Why has all that venture capital become available? Because people with some spare cash saw the immense returns that came from early support of the Google guys, for example. The market responds. Mr. Bryce goes on to say:
That’s the essential point: markets, not governments, are going to determine the pace of our transition to alternative and renewable fuels. The length of that transition — which will likely last several decades — depends almost exclusively on how quickly those new sources can become cost-competitive with fossil fuels.
Obama returns to the Democrat congress’ 68 million acres ploy (see Poof! Nancy Pelosi solves the oil crisis!) CAFE standards, already jacked up, and ‘improved’ biofuels. New studies show that ethanol has little effect on gas prices, but significant pressure on food. The effect of ethanol on gas prices is almost too small to measure, but the effects on food prices and security are huge. And 2-4 million acres of corn may be lost in the wake of Midwest floods. The problem is land turned from producing food to our fuel tanks. The earth’s population is expected to increase until about 2050, and then begin turning down. We are going to need all our farmland producing food to feed the world, and to avoid turning forest land over to food production. Government support for corn-based ethanol ensures a significant and continually increasing demand for corn. These policies interfere with the normal functioning of markets.
In the run-up to the 2006 election, Congresswoman Nancy Pelosi was complaining about $2.50 gas prices and in a press release said,”Democrats have a commonsense plan to help bring down skyrocketing gas prices…” Well, yes. Since then she has forced a vote to increase taxes on energy four times. And dragged in oil company executives for an inquisition. But their commonsense plans are not yet apparent.
Brian Sussman addresses Democrat tactics and how our present predicament came about in an article at American Thinker. Obama, in defending his lack of military and foreign policy experience, chastises Republicans for using fear tactics. Which is what Democrats are using to try to dissuade our government from allowing offshore exploration and drilling. And why they are more interested in mandates and socialist solutions like nationalizing America’s oil refineries.
The free market works. Government mandates and government control have a long unhappy history. This is not change we can believe in.
Ultimately, it is all about freedom. Free markets mean free people. Have an idea? Go for it! (The image is the Morgan Life Car, hydrogen powered and 150mpg, Cost? If you have to ask…)
Filed under: Foreign Policy, Media Bias, News, News the Media Doesn't Want You to Hear, Terrorism | Tags: IAEA, Iran, Mohamad ElBaradei, NYT, UN
You may have seen the news on Friday that the head of the International Atomic Energy Agency (IAEA), Mohamad ElBaradei, warned that he will resign if Iran is attacked. (This is supposed to be a deterrent?)
One teeny tiny little detail the mainstream media neglected to report, however, is that ElBaradei also said Iran could have a nuclear weapon in as little as 6 months. (h/t lgf)
Most people, I think, would consider the latter ever so slightly more newsworthy than the former. Call me crazy.
Then there’s the New York Times ongoing effort to reveal every national security secret they possibly can.
Both of which beg the question, how far does the media have to go before bias becomes duplicity, subversion and treason?
Filed under: Foreign Policy, Iraq, Military, Uncategorized | Tags: Dance, Iraq, Marines, Michael Jackson
What do you think marines in Iraq do in their free time? No, try again. I guarantee you, it’s probably not what you’re thinking…
UPDATE: More Marine music videos
Filed under: Economy, Energy, Environment, Humor | Tags: Big Oil, Democrat Demagogues, Economy, Energy, Gas Prices
Democrats are at it again, trying to trick you with fast action. Nancy Pelosi decides to stick it to the oil companies because they aren’t producing oil from the 68 million acres they already have. Why should Congress give them more land to do nothing with. (See, it is now not Congress’ fault for irresponsibly refusing to open onshore and offshore lands to exploration.We gave them 68 million acres and WHERE IS THE OIL?)
Well, Congress will fix that!
Congress will just compel them to produce oil. So there!
Red Cavaney, president and CEO of the American Petroleum Institute, responds in today’s Wall Street Journal:
If only it were that easy to find and produce oil. Imagine, an act of Congress that could do what geology could not.
These lawmakers ask why oil and gas companies want more access to federal lands to drill if they aren’t using all of the 68 million acres they already have? Anyone with even the most basic understanding of how oil and natural gas are produced — and this should include many members of Congress — knows that claims of “idle” leases are a diversionary feint.
A company bids for and buys a lease because it believes there is a possibility that it may yield enough oil or natural gas to make the cost of the lease, and the costs of exploration and production, commercially viable. The U.S. government received $3.7 billion from company bids in a single lease sale in March 2008.
Pelosi is getting so silly that she just makes me laugh. YOU — Produce oil now!!! That’ll do it. Our gas crisis is solved.
It is always fascinating when Congress takes on business and industry. It is such unfamiliar territory for members of congress, and they know so little, yet are so completely condescending. Businessmen are so polite and so knowledgeable that it never reflects well on their inquisitors. But nobody ever watches committee meetings anyway, and far too often, never reads the response of industry to unfortunate lawmaking.