Posted on 08/11/2008 8:10:37 AM PDT by WilliamReading
This may burst the Palin-for-VP bubble. I have rarely seen John McCain and Sarah Palin together anyway.
another RINO?
Sarah Palin is generally a good candidate but so many of our GOP have lost their way on the expediency of taxes. I mean it is so easy and everyone in government which surrounds you cheers your on.
She’s out. End of story. Who’s next on the list ?
That's a high tax on a barrel of oil but that's not a windfall-profit tax as the title states.
Not really but certainly someone who needs to get back in line. The GOP needs to stand against the expediency of tax and spend.
Yes, it did. Damnit.
I don't know what chance she really has/had?
Paris Hilton? /sarc
I believe it will be one of these four people:
Eric Cantor
Tom Ridge
Mitt Romney
Tim Pawlenty
Pawlenty seems the weakest of this quartet.
Alaskazuela
If Barack Obama raises his giveaway check from $1,000 to $1,200 , they could at least be on the same page.
This would devastate McCain if Palin were on the ticket.
Isn’t Hot Air Michelle Malkin’s site? If so, not sure why she’d twist anything against a republican.
It's tougher in Alaska my ass.
Palin: It’s going to take at least five years. You know, and there are other areas in Alaska too, that have the reserves that need to be tapped, certainly offshore. There’s trillions of cubic feet of natural gas, and billions of barrels of oil there too that need to be tapped. We also have a natural gas pipeline that is underway now, a process to get that constructed, where we can build infrastructure and allow known reserves of natural gas up on our North Slope - it’s already there, it’s already proven – to be tapped and flow through a natural gas pipeline. Our legislature is dealing with that issue right now, getting ready to license a company to build that gas line. Again, to feed these hungry markets.
Kudlow: Alright, so now you’ve got another case where both candidates seem to be off course. Senator Obama wants a windfall profits tax on oil companies. And Senator McCain talks about obscene profits, which I regard as the near cousin to the windfall profits tax. What’s your response to these criticisms?
Palin: Well we just went through a process of making sure that the oil and gas resources that Alaskans own are properly taxed. And we just increased a tax on profits of oil companies up here, because an earlier version of Alaska’s tax formula had been corrupted by some politicians who are now in prison for the corruption. But we had to revisit the way that we were going to tax profits on oil companies. We just got through that, and it wasn’t an obscene amount of tax placed upon them. In fact, it’s driven more by a desire to explore and to develop with independent companies coming into Alaska. So you know, on a national level, they’re going to have to deal with that, but we just dealt with it on Alaska’s level. And we have a healthy valuation of our oil and gas reserves, and we’re deriving healthy revenue for our state off that.
Kudlow: Well are profits a dirty word? In energy, or other businesses?
Palin: Well no, of course not. And low taxes of course, we know spur the economy. I’m a Republican. I am for low taxes. We have to make sure though that an appropriate value is placed oil and gas resources. And that the people who own these resources are able to benefit from the development of them. But no, profit is not a dirty word.
Kudlow: Why don’t we just liberate, and decontrol, and deregulate the whole bloody energy business – whether it’s oil, gas, shale, nuclear, coal, natural gas, as well as wind and solar – why don’t we just decontrol, deregulate, go for an America first energy policy? Get independent of Saudi Arabia? America first. Create all of these millions of high paying jobs. Why isn’t anybody talking about that in this race? That’s the natural, Reaganesque thing to do. Isn’t it?
Palin: Yeah absolutely! You’re hitting the nail right on the head. That’s what so many of us normal Americans are asking. The same thing. Why aren’t the candidates talking like that? Where we can secure America and we can be more independent when we talk about energy sources if we could drill domestically.
Here we sent [Energy] Secretary Bodman overseas the other day, and our president had to visit the Saudis a few weeks ago, to ask them to ramp up development. That’s nonsense. Not when you know that we have the supplies here. You have the supplies in your sister state called Alaska, where we’re ready, willing and we’re able to pump these supplies of energy, flow them into hungry markets across the U.S. We want it to happen. It’s Congress holding us back.
let’s get all of the facts first, somethng that Hot Air doesn’t always do.
One conservative in the four.
Obviously it won’t be Eric Cantor.
Looks like, as I suspected, there is a lot more to this story.
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