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To: El Cid
Sure, bring on the biofuels - after we build many more nuclear plants, drill more holes in the ground (including 'Anwar'), open up mining of our 'clean coal' (the resource President Bill closed off in Utah as a gift to his Indonesian Riady buddies), and drill off-shore (heck, even the Red Chinese are drilling in the Gulf of Mexico - from what I heard)... IF we still need more oil - then sure, go after squeezing some plant matter to produce bio-fuels. But not until we use up the dead stuff that God has gifted us...

Not after, but simultaneously with becoming an energy exporter and energy technology exporter as soon as possible after becoming energy independent. Our exports are too meager. Our current accounts deficit, aka trade deficit, should be a national scandal. We are only printing money that nobody wants. That's why we are seeing the dollar drop like a rock. We need to export energy to undermine the oil and gas markets of our adversaries.

9 posted on 04/23/2008 11:39:52 PM PDT by neverdem (I'm praying for a Divine Intervention.)
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To: neverdem

Don’t be over dramatic. The dollar is NOT “dropping like a rock”. There is a slow, steady, sensible change in its valuation. Other currencies have suffered much worse devaluations, and indeed, the US dollar has suffered worse periods in the past.

What is occurring right now is a long overdue correction in the valuation of the dollar. This will eventually lead to a stronger US economy as our exports become more competitive worldwide, and investment and travel within the US is encouraged, and other macroeconomic factors take hold. Personally, though I’m feeling the pain of the gasoline pricing and somewhat higher food prices at the shelf, I’m not at all unhappy about the dollar’s correction ... especially with respect to the RedChinese currency, whatever that thing is called nowadays, but also to the euro. This is all to the good and eventual wellbeing of our country.


11 posted on 04/23/2008 11:56:04 PM PDT by AFPhys ((.Praying for President Bush, our troops, their families, and all my American neighbors..))
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To: neverdem

You got it. Plus, it creates a direct global investment opportunity backed by the treasury, meaning it fixes the banking problem as well.


14 posted on 04/24/2008 12:11:08 AM PDT by iThinkBig
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