Jason's Ultimatum said:
What's this about Obama getting us off importing oil in 10 years? Seems like an incredible feat.
Let's examine the many different ways Obama's "energy plan" is nothing but a big stinking pile of shit:
- The gas tax holiday he was against was such a bad idea that he ups the ante 10-fold by offering a $500 gas tax rebate per individual
- He's going to tap the strategic oil reserve because the high prices are an "emergency". Nevermind the fact that he has previously stated twice (the last time was less than a month ago - when prices were at their peak) that it should only be tapped in the case of real emergencies. Obviously, the only emergency going on here is his fall in the polls.
- He's going to "TACKLE" climate change.
tee hee This involves government regulation that sacrifices American economic security on the altar of Environmental Fearmongering.
- His plans will force us to decrease energy demand 15% by 2020. In Obama's world, only demand is the enemy - not the source of production.
- He's going to levy a windfall profits tax on oil companies even though their margins are only 8%.
- He's doesn't want any new nuclear power plants. Safegaurding their waste is the priority.
- In 10 years, his plans will magically end the need to import oil from the Middle East and Venezuela.
Having fun yet? I saved the best two for last:
- He will warp laws of economics and "flip" the profit model for utility companies from one of production to reliability.
- The Department of Energy will become the Department of Who Gets Electricity Where, When, and For How Long. Remember those meters on thermostats in CA? Yeah...that's just the beta run.