President Obama & Economic Collapse

Steve; have you heard T. Boone Pickens' new TV commercials? They're running on the network national news shows. $700 BILLION of our U.S. money is transferred EVERY YEAR to foreign countries, the largest wealth transfer in history. We HAVE to develop our own energy resources, whether shale oil, coal gasification, wind power, hydrogen or some other alternative source.

Julia

Julia, iIt's interesting to see how much BETTER the Pickens ads are than either of the candidates' commercials! Pickens want to move toward natural gas -- bet he has a lot of it -- to power vehicles, and I can't disagree with him. I don't mind people getting rich if they do so in a way that benefits the country (e.g. Steve Jobs). Oil is a transitional fuel, but it's one we can't live without for the next 20-30 years (at which point I may be safely dead).

I think Obama's panicked attack commercial on McCain -- waving around the name of "Bush" (rather than "President Bush") -- shows the uncouth man has no plan. Under President Obama, the price of gas will go to perhaps $10 a gallon and our economy will be destroyed. All those "good-paying jobs" candidate Clinton and candidate Obama talked about will have disappeared. I’m sure President Obama will figure out some way to blame “George Bush!”

Nuclear energy, which Obama and most Democrats oppose, emits NO greenhouse gases, but we can't have that. The House energy bill, supported by Pelosi, doesn't even mention coal, an important transitional fuel. Conservation of energy does not mean making fuel so expensive no one can afford it, but explain that to Barack Obama, Harry Reid, and Nancy Pelosi, Democrats beloved to a small number of people.

I have up on my blogs the image of Jimmy Carter and Barack Obama. I mention that Carter's "energy plan" was for us all to wear thick sweaters and two pair of socks. Do I hear three pairs of socks, Barack?

Frankly, I'm strangely serene about the strong possibility of an Obama presidency. It will be such an immediate disaster that he will be gone in four years. I hope the country will still be around. Hillary Clinton may well be his V-P, and she would go down with him. As for T. Boone Pickens, I never underestimate the man.