19 June 2008

US Congressional Asylum: Criminally Insane?

Fuel prices are high enough in the US to squeeze budgets of families and corporations. The mood is grim in many parts of the country, and people are looking for someone to blame. What we are seeing now resembles nothing so much as a lynching mob. And the US Congress has witlessly placed itself firmly front and center--following an invalid and obsolete ideology. An ideology that threatens to sink the US economy. More and more people are seeing what the Congress is doing, and they do not like it even a little bit.
...they are against business, against investments in domestic energy supply and for aggressive carbon controls... __Source
High oil prices are beginning to cook up a dangerous inflationary brew. By the time the next president is settled into office, the inflationary trend could be irrevocable--if Congress continues down its current slippery slope.
No profits. No exploration. No drilling. And no domestic oil with which to correct our dependence on foreign oil and thus provide a measure of security to a nation that runs on oil. __Source
Obama, McCain, and the Democratic Party dominated US Congress are all pointing the finger at big oil companies. They have put huge deposits of shale oil off-limits, have hamstrung coal-to-liquids processes that could provide oil at $30 a barrel, have paralysed the nuclear energy industry, and a number of Democratic Congressmen are even calling for nationalising the oil refinery industry.

But a rapidly growing proportion of US voters can clearly see that it is Congress itself that is limiting the options of the American economy. Even a national media that is sycophantic toward both Obama and the Democratic Party cannot stop the groundswell of awareness by the public, of how the Congress is shutting off US energy options.

If Congress continues along this road, there will be a price to pay. Oynklent Green [OTC:OYNK] is monitoring the situation closely.

Excerpted and modified from a previously published Abu Al-Fin piece

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Blogger Ugh said...

If one were to believe in grand conspiracy theories one might be inclined to think that this perfect storm of high energy prices (the one thing that would make the average person take notice)is being timed with the pinnacle of the debate in the halls of power over "climate change". What with mounting evidence that the globe is not really warming and the hysterical crowd scrambling to change global warming terminology to climate change terminology the only thing that will stop them from implementing their civilization busting plans it an engaged and pissed off population... Maybe the forces of commerce and global capitalism are administering bitter, but needed medicine???

Thursday, 19 June, 2008  
Blogger Eshenberg said...

When "messiah" B.H.Obama will be elected all problems just disappears(not to all "groups") :) You only need wait couple months ;)
I "hope" in "change" for some person "groups"..........

Thursday, 19 June, 2008  

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“During times of universal deceit, telling the truth becomes a revolutionary act” _George Orwell

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