Posted on 04/22/2005 12:05:38 PM PDT by CHARLITE
Some may understand the surging demand that comes from a billion Chinese and a billion Indians who have joined the oil market as consumers—not only to fuel their cars and planes but as an ingredient in fertilizers, pesticides, medicines, paints, and plastics. Guess how many barrels of oil we import a day? A million? Five million? No, the staggering answer is . . . 12 million barrels a day, and we're heading for 20 million barrels a day by 2025. The price increases over the past year mean that we consumers will send oil producers an additional $50 billion this year— on top of the $120 billion we sent last year.
What makes this so maddening is that we're sending all these dollars to countries that use a good chunk of them to promote anti-American ideas, to spread radical Islam, and to finance the jihadists who are waging the war of terrorism against us. Some of these same countries are also using this largess to develop weapons of mass destruction. As if all that weren't enough, we're also spending hundreds of billions of dollars on a U.S. military presence to protect this Middle East energy source. It is a tax on consumers here— not to mention the fact that, yes, these same Middle East oil producers have enmeshed us in two wars over the past two decades. Their capricious governments are increasingly vulnerable to religious fundamentalists and Islamist terrorists who, any day, could devastate the world's economy by sabotaging production.
How dumb are we, anyway?
(Excerpt) Read more at jewishworldreview.com ...
Pretty damn dumb I'm afraid.
Hell, we're sending money to killers armed to the teeth who vow to kill us every day.
RPGs and car bomb material aren't as cheap as they used to be, you know...
We've been doing this for the last 50 years. What else is new?
Sadly, it's true. You are right. It can't be denied, and it is downright depressing.
Char
well, duuhhh.
Does the government not sieze the assets of drug dealers?
Iraq should be paying for their own liberation.
Might be "duuhh" to you, but some folks haven't focused on these facts yet, which is presumably why the writer chose this topic.
Char :)
We spend more than that on universities and movies.
We can ship billions to foreign countries but we don't have any for our own people.
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