Sunday, May 4, 2008

Flashback to the roaring 70's

Well, both major Democratic candidates have endorsed a version of the wildly successful windfall profits tax. You remember how that solved the energy crisis in the 70's, right? Yes, it single handedly crippled domestic oil production and ensured our continuing reliance on hostile foreign governments for our vital energy needs, while simultaneously producing sky high prices and long lines at the pumps. Obama's plan is actually stolen directly from that brilliant economist, communist dictator Hugo Chavez, even setting the same $80 per barrel baseline price. Maybe someday the Democratic party will stop being a slave to the enviro-wacko lobby and allow us to exploit our domestic supplies of oil. There is more oil in ANWR than in all of Mexico, and maybe as much as in Nigeria, both major oil producers. If you add in the oil from the outer shelf and in the gulf, and the oil in the sands of Utah,Wyoming, and Montana, we are sitting on the world's largest reserves. Yet we refuse to develop these resources because of the power of the environmental lobby and their hold on the Democrats. Remember that next time you fill up.

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