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Economic Suicide (Obama Drilling Ban)
NRO/Planet Gore ^ | March 13, 2010 | IBD

Posted on 03/13/2010 4:09:45 PM PST by raptor22

Future Fuels: Our secretary of energy pushes bio-refineries and windmills to oil executives at an energy conference as the administration announces a three-year offshore drilling ban. This is a policy for economic suicide.

They don't qualify as an official group of victims, but carbon-Americans, as they have been called, did not have much to cheer about last week, when Energy Secretary Steven Chu addressed CERAWeek 2010, a premier industry conference hosted by IHS Cambridge Energy Research Associates.

With an economy struggling to regain sound footing, Chu advocated a starvation diet devoid of additional fossil fuels that are to remain under the ground and seabed. Instead, he supports 53% more funding for wind research and a 22% jump for solar research.

(Excerpt) Read more at planetgore.nationalreview.com ...


TOPICS: Business/Economy; Editorial; Front Page News; Government
KEYWORDS: agenda; bho44; bhoeconomy; energy; obama; obamasanerica; oil
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1 posted on 03/13/2010 4:09:45 PM PST by raptor22
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To: raptor22

Obama should be imprisoned for treason. He seems to be doing any and everything in his power to destroy the U.S.


2 posted on 03/13/2010 4:11:48 PM PST by rbosque (11 year Freeper! Combat Economist.)
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To: raptor22

Every day this guy gives me yet another reason to hunker in my bunker, spend as little money as possible, not hire anyone for my business ventures and keep every dime I can out of the hands of Government.

I have always been this way, but I am now ‘doubling down’ thanks to him.

Remember all the damage Carter did to America in four short years? We may never recover from 0bama.


3 posted on 03/13/2010 4:14:13 PM PST by Diana in Wisconsin (Save the Earth. It's the only planet with chocolate.)
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To: raptor22

This is a nothing more than a cult belief:
http://www.brayincandy.com/id206.html

Pray for America


4 posted on 03/13/2010 4:14:51 PM PST by bray (Throw All the Bums Out, starting with McCain)
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To: bray
"cargo cult"
5 posted on 03/13/2010 4:18:21 PM PST by norraad ("What light!">Blues Brothers)
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To: Diana in Wisconsin

I am for the Going Galt lifestyle myself.


6 posted on 03/13/2010 4:19:36 PM PST by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: Diana in Wisconsin
I have always been this way, but I am now ‘doubling down’ thanks to him.

I have not always been this way, but I am now and will continue for as long as the socialist is in power - forever if his legacy lasts.

7 posted on 03/13/2010 4:22:40 PM PST by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: raptor22

read later


8 posted on 03/13/2010 4:28:25 PM PST by truthguy (Good intentions are not enough!)
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To: rbosque
Obama is more dangerous to the United States than Iran and we must do EVERYTHING in OUR POWER to STOP HIM!
9 posted on 03/13/2010 4:28:51 PM PST by WellyP
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To: WellyP

Like what?

Like most of us know what but don’t have the guts to do so we will wait to see what can happen in November, wait to see what happens when the next Congress convenes, wait until 2012. Wait to see what we have left to work with.


10 posted on 03/13/2010 4:33:01 PM PST by Sequoyah101 (Half of the population is below average)
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To: raptor22

The whole intent is to drive up the price of oil in order to make “alternative energy” more cost effective. Stupid is as stupid does.


11 posted on 03/13/2010 4:34:21 PM PST by etradervic (It's the People's Seat ! http://www.toomeyforsenate.com)
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To: Diana in Wisconsin

I am not sure about saving every dollar you can. Todays dollar will be worth 98 cents next month, 96 cents a few months after that. The value of the dollar is declining. Buy now what you need because it will cost more next month.
Buy your stuff now for the bunker.
As for keeping as much from the Government as possible, I agree!!


12 posted on 03/13/2010 4:41:43 PM PST by rustyboots
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To: Diana in Wisconsin
Remember all the damage Carter did to America in four short years?

Yes, and he was actually trying to do the right thing.

Heaven save us from TOTUS!

Photobucket

13 posted on 03/13/2010 4:42:08 PM PST by EGPWS (Trust in God, question everyone else)
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To: Sequoyah101
We must get into a position where we can politically bleed Obama to death by showing to everyone the socialist bastard that he is! Sorry for the way you are thinking but blowing his head off IS NOT AN OPTION! He has two nice children! Am I clear enough?

We must use every political tool we have to stall or kill every piece of legislation Obama Pelosi and Reid want until a new Congress can be seated. At that time there is a very good chance we will control both houses and can block everything Obama is trying to do.

14 posted on 03/13/2010 4:49:51 PM PST by WellyP
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To: WellyP

I don’t think that is what that said.


15 posted on 03/13/2010 4:51:18 PM PST by Sequoyah101 (Half of the population is below average)
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To: Sequoyah101
Like most of us know what but don’t have the guts to do so we will wait to see what can happen in November, wait to see what happens when the next Congress convenes, wait until 2012. Wait to see what we have left to work with.

Revolution!

16 posted on 03/13/2010 4:51:57 PM PST by Logical me (Oh, well!!!)
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To: WellyP

We’ll certainly send him a message in November and send many of his cronies packing!


17 posted on 03/13/2010 4:52:46 PM PST by rbosque (11 year Freeper! Combat Economist.)
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To: etradervic

You got that right. Zero said the price of energy would necessarily skyrocket under his policies in order to make alternative energy appear more competitive.


18 posted on 03/13/2010 4:52:56 PM PST by raptor22 (The truth will set us free)
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To: rustyboots

“I am not sure about saving every dollar you can. Todays dollar will be worth 98 cents next month, 96 cents a few months after that. The value of the dollar is declining.”

Yes. I know. That’s why I have gold and silver. And lead. :)

“Buy now what you need because it will cost more next month.”

Gasoline crept up to $2.77/gallon here this week. Survey says it’ll be back to $3.50 a gallon by summer.

By mid-June 2010 inflation is predicted to take off, possibly hitting 4.5%, so doing some smart stocking up right now would be prudent. :)

http://fintrend.com/ftf/images/charts/MIP/Moore_Inflation_Predictor.htm


19 posted on 03/13/2010 4:54:41 PM PST by Diana in Wisconsin (Save the Earth. It's the only planet with chocolate.)
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To: raptor22; 3D-JOY; abner; Abundy; AGreatPer; Albion Wilde; AliVeritas; alisasny; ...

Chu’s choo-choo has gone chugging ‘round the bend!

Buck Ofama.

PING!


20 posted on 03/13/2010 4:58:12 PM PST by Tolerance Sucks Rocks (I am Ellie Light.)
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