Tuesday, August 5, 2008

Jump On The Offshore Oil Drilling Bandwagon

They can go on vacation, and I did but had to adjust my budget. Now that school is back in session now, I can save enough for next year by setting aside enough money to supplement the 75% dedicated to my gas budget. Okay maybe I am fudging the numbers a little.

While I am saving money, Congress is on a recess, and Speaker Pelosi is traipsing across the U.S. plugging her new book. There is not anyway anyone could get her to call the House back into session (not while there is money to be made).

But what if she received a couple of million emails requesting that she call an emergency session of the House for the soul purpose of giving her fellow house members that chance to vote for drilling offshore. Haven't you heard? Mrs. Pelosi is telling her House Democrats that it is okay to say they will vote for offshore drilling so they can get re-elected.

This can't be a re-election ploy could it? Surely, the House Democrats would not say one thing and then do the opposite like their Republican counterparts, would they?

Well, in order to give her the right motivation, I am including a link to a site that will allow you to send an email to her office requesting for her to call the House back into session. Send Speaker Pelosi a message here.

The Senate Side of Things

You have probably heard about the Gang of 10 (why do senators feel that they need to address themselves as a gang? Why associate yourself with a name that refers to criminal activity?). I digress.

Have you seen the primary components to their proposal for our energy crisis? This is from a CNN report:

The major components of the proposal from the "Gang of 10" include:

  • Expanding drilling opportunities off the East coast and Gulf of Mexico, which pleases Republicans
  • Keeping a ban on drilling in the Arctic National Wildlife Refuge in Alaska, a concession to Democrats
  • Repealing a tax break for oil companies that Democrats have long called for
  • Putting billions toward producing more alternative-fuel vehicles, in part paid for by the oil and gas industry

I can agree with the first two. Why can't they just stick with those two points and then work on the other two later? Why complicate things by telling Americans that to get the drilling we will also have to flip the bill for billions more in spending?

Do they really believe that the oil companies will lower prices if they have to pay an additional tax? Do they not understand the gas prices will stay higher becuase the corporations will make price adjustments to cover the new taxing? Do they not understand that the consumer will be paying for the taxes?

Yes, they fully understand this but so many people (consumers) are blind when it comes to understanding who really pays corporate taxes. There is not one corporation that will allow its profits to be compromised by government taxes.

My solution

  • Why hasn't President Bush not called together some of the great corporate minds in America for counseling in how to fix our problems. Why not get problems solvers like Warren Buffet, Boone Pickens, Bill Gates and other great corporate leaders to come together and come up with real solutions? Have you seen Pickens suggestions: Pickens Plan
  • Congress should be called back into session by the President. The Republicans are dropping the ball again, and this is just more proof that the Republican Party is seriously experiencing in a leadership vacuum!
  • Make Iraq begin to pay for our troop support with oil.
  • Give tax incentives to oil companies who come up with better alternate fuel sources.
  • Pass the FairTax - never miss a chance to plug a good idea.

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