Skip to comments.SANDERS: War on energy at home creates disasters abroad
Posted on 09/26/2011 9:01:40 PM PDT by Tolerance Sucks Rocks
President Obamas war on fossil fuels is adding to instability in a world already racked by international debt, demographic pressures and unpredictable, galloping technological advances.
The domestic implications of his policies are increasingly apparent: The closing off of prospecting and drilling is costing tens, perhaps hundreds of thousands of jobs. The attempt to choose winners and losers through green energy subsidies is producing market distortions, huge losses of taxpayers funds and corruption rarely seen since the Soviet Unions Gosplan. Using executive fiat for arbitrary environmental rulings after Mr. Obamas cap and trade climate plan quietly died in Congress is eroding constitutional government by creating a precedent for defying public opinion as expressed through the legislative process.
On the world scene, the impact is equally grim, with intricate politico-economic problems that are difficult to quantify.
It is a given, of course, that world energy is, as the economists say, an imperfect market. The imperfections run the gamut: President Hugo Chavez gives 100,000 barrels of oil a day to his ideological buddy Fidel Castro to keep Havanas lights on from Venezuelas production, which is also a principal source of American imports. Hand-me-down restrictive policies, a heritage of the Carter administrations misbegotten Department of Energy and its first head, James R. Schlesinger, still dog the natural gas market. Cartelization of the industry, despite all the legislation and litigation since the Supreme Court broke up John D. Rockefellers Standard Oil in 1911, continues to inhibit the competition that could challenge efforts by the Organization of Petroleum Exporting Countries to set production quotas to control prices.
(Excerpt) Read more at washingtontimes.com ...
The most important article and you’ve got no hits. I suppose since it isn’t about Sarah, or Mitt or Rick it can’t be important, but how can you live without energy?
this needs to be linked together with all the other evidence of the destruction of America (the world) at the altar of green.
We are doing to ourselves with lawsuits what we would do to an enemy country with our military. We are systematically destroying our ability to produce that which we need to survive, and allowing our enemies to get rich selling it to us.
Brilliant, really-really smart, absolutely intelligent,
progressive-environmental genius at work, protecting the world from mean, greedy, evil, nasty, rotten,
destroyers-of-humanity, energy producers.
I don’t give a poop about energy problems in other countries, but,
I’ve completely had it with all this “GREEN” energy crap here.
It is nothing more than feel-good hype for liberals.
“GREEN” and political correctness are killing our nation and our way of life.
First it was two-flush toilets
Next it was faucet restrictors that make you wait 4 minutes to fill a glass of water; then
lightbulbs that take 2 minutes to turn on
and air conditioners that barely cool.
Ever heard of an energy saving coffee pot? My wife bought one.
I hate luke warm coffee.
That or John Wayne toilet Paper (tough as hell and doesn't take shit off anyone) if, mandated, will probably start CW2!
Prolly because I posted it after 11 pm yesterday.
Likely so, and bumping a good article.
Those of us who watched and understood the disaster that was Alternative Energy during the Carter Administration are horrified to be re-living that era. I love asking Greenies to point to the top 5 significant, lasting results from the $billions we threw down the drain back then, and then pointing at Solyndra and the many similar cases today.