Showing posts with label Boone Pickems. Show all posts
Showing posts with label Boone Pickems. Show all posts

Friday, September 7, 2012

Obama Speech: Multiply Failure, Divide the Country


What has always amazed me about Democrat policies is that they feign outrage over the need to implement them, even though they have already been championed by both parties, and have produced negative results.  Government has already invested in crony capitalism and has already micro-managed every sector of the economy; from higher education to agriculture, health care, and energy.  Many of these policies have been supported by administrations and congresses controlled by both parties.  And they have driven up costs; not lowered them.  For goodness sake, that’s why we are still debating these problems decades after those very policies have been implemented.
Obama’s speech was the same stale central-planning and class warfare, not just from his older speeches, but from every Democrat speech this century.
Every line of the speech is not grounded in reality; it would take copious pages to rebut.  Here is just the policy side from some lines and the summary of his plan that was sent out to the media:
If you choose this path, we can cut our oil imports in half by 2020 and support more than 600,000 new jobs in natural gas alone.
So after 4 years of shutting down oil drilling, nuclear power, blocking the pipeline, and the war on coal, we will suddenly cut oil imports in half?  The sad thing is that Obama is not lying.  He will cut net imports in half; not by producing more oil, but by shutting down our economy and mandating the usage of ineffectual phantom fuels, such as ethanol, wood chips, switch grass, algae, and horse manure.
As for natural gas, we all know what he means.  He wants massive subsidies for an industry that is already booming.  In other words, he wants to double down on the T. Boone Pickens subsidies – a policy that Boone Pickens has already renounced.
We’ve opened millions of new acres for oil and gas exploration in the last three years, and we’ll open more.
Via: Red State

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