As previously reported, Barack Obama made a scathing attack upon John McCain’s proposal for a $300 million prize for the development of a next-generation battery yesterday. In a delivered speech Obama stated, “In statements made today, Mr. Obama remarked, “I’ve been talking about this myself for the last few years. But I don’t think that a $300 million prize is the way to go. When John F. Kennedy decided that we were going to put a man on the moon, he didn’t put a bounty out for some rocket scientist to win – he put the full resources of the United States government behind the project and called on the ingenuity and innovation of the American people, not just in the private sector but also in the public sector.”

Obama’s gaffe claiming that “I don’t think that a $300 million prize is the way to go…” was a direct reflection of his inherent misunderstanding of American Ingenuity over the past 232 years, as reported in as reported at PDOP – Obama World: Government Not American Ingenuity Will Solve The Gas Crisis. More importantly however is the fact that news organizations across the country conveniently failed to publish this portion of Obama’s remarks. Both CNN Online and The New York Times published excerpts of the speech that omitted the gaffe. Read the rest of this entry »

Obama’s big argument against drilling is that it will take 10 years to see any oil. Go to about 1:40 and he flat out says it.

As if anything that would take that long is automatically out of the question, because . . . I guess, . . . we are too . . . impatient? By that rationale, nobody should bother to go to high school or college if you want a decent job. That’ll take at least 8 years and will cost a hell of a lot of money. Read the rest of this entry »

Today Barack Obama threw the American Spirit of Capitalism and Competition under the bus as he scoffed at John McCain’s proposal of a $300 million dollar prize for the development of a next generation car battery. Obama’s ridiculous mocking of the idea goes far beyond his typical rhetoric of criticism without solutions. Obama’s attack on the plan made clear his position that the Government, not the American people, will solve our problems. After 232 years of American Ingenuity driven by our modified capitalism, we are now considering the election of a president who clearly does not understand or appreciate the contributions of our predecessors.

In statements made today, Mr. Obama remarked, “After all those years in Washington, John McCain still doesn’t get it… I commend him for his desire to accelerate the search for a battery that can power the cars of the future. I’ve been talking about this myself for the last few years. But I don’t think that a $300 million prize is the way to go. When John F. Kennedy decided that we were going to put a man on the moon, he didn’t put a bounty out for some rocket scientist to win – he put the full resources of the United States government behind the project and called on the ingenuity and innovation of the American people, not just in the private sector but also in the public sector.”

Obama comparison to the space program certainly has patriotic undertones but in reality undermines his very own argument. John Kennedy never told the American people that the government should be committed to sending a man to the moon; he stated, “I believe this nation should commit itself to achieving the goal”. Ultimately, the space program of the 60’s was extremely dependent upon the awarding of contracts and expertise of private firms such as McDonnell-Douglas, General Electric, North American Aviation’s Rocketdyne Division, Aerospace Corporation, Martin, and dozens of others. The space program was also based upon a progression of rocket technology that began more than 20 years earlier during WWII. Read the rest of this entry »

Uh-oh. Obama’s fringe-left credentials are really starting to show. When his good buddies in the MSM start liking John McCain’s ideas, something is really wrong. From a Washington Post editorial.

But if it is acceptable to drill in the Caspian Sea and in developing countries such as Nigeria, where environmental concerns are equally important, it’s hard to explain why the United States should rule out careful, environmentally sound drilling off its own coasts.

And do I smell the faint odor of approval of nuclear power?

But all this talk of drilling, squeezing oil out of shale, as Mr. Bush proposed, and pushing for more nuclear power is a welcome widening of a larger and necessary discussion.

This is the kitchen table issue this year, and if Obama has the Post backing the other guy’s proposals, he may be starting to circle the drain already.

Also find Bill Dupray at The Patriot Room

While the comments are flying hot and heavy over on the Bush to Congress thread, today’s Investment Business Daily editorial is a side dish complement. The op-ed cuts right thru the mustard, and calls out the DNC on their absurd – and dangerous – suggestions to nationalize the oil industry.

Believe it or not… there’s nothing I can add to make this better.  (is that a sigh of relief I hear out there???) So RTFA… :0)   Here’s the first paragraphs to titillate you into the complete read.

Oh yeah… for those that think the oil industry is really screwing it up, there’s a pertinent truth waiting for you near the end: 93% of the world’s oil reserves are controlled either directly, or indirectly, by government.  uh huh… let’s add another one to the fray, right DW?

In the kind of “oops!” moments politicians have when they say something they wish they hadn’t, two House Democrats have recently suggested nationalizing the U.S. oil industry.

The first was the far-left Maxine Waters of South Central Los Angeles. During a May 22 grilling of oil CEOs, she responded: “Well, I can see that this congresswoman is going to favor nationalizing the oil companies, and making sure the prices go down.”

Then, this week, responding to President Bush’s call for more drilling, the just-as-liberal Maurice Hinchey of New York’s Borscht Belt chipped in with: “We (the government) should own the refineries. Then we can control how much gets into the market.”

[Mata Musing: Dupray's provided the video links....]

This is what it’s about: “control.” And it’s extremely dangerous for our democracy because once government controls the economy, it controls you, too. Then the Constitution, which guarantees your rights as a citizen of our republic, becomes a dead letter.

What’s especially shocking is these two extremists no longer seem out of step with what used to be a centrist Party.

Don’t take our word for it. A Rasmussen Poll released Tuesday showed that 37% of Democrats think nationalizing the oil companies is a good idea. Only 32% disagreed with that.

snip – continue reading at IBD

More proof of the radical nature of the modern Democrat Party, as exemplified by Barack Obama. Following up on this post, Don’t Tell Me Obama Isn’t A Marxist, we have House Democrats proposing the NATIONALIZATION of the oil industry. That means confiscation, just like Hugo Chavez and Stalin before him. From Hot Air.

A few day ago Maxine Waters had the same idea. Also from Hot Air.

This liberal will be all about socializing, uhh, uhh, will be about basically taking over, and the government running all of your companies.

Marxism. Pure and simple.

Also find Bill Dupray at The Patriot Room

Atta boy Johnny, you may just pull this thing off after all. McCain has previously said he supports individual states’ decisions to drill. See video here. Though he still opposes drilling in ANWR, he has followed the advice to make gas price reduction his issue. Today he came out with a great proposal.

As John McCain rolls out his energy policy this week, he called for a lifting of the federal moratorium preventing states from exploring for oil off of their coasts. “They have to be lifted so that states can make those decisions,” McCain said. “I’m not dictating to the states that they drill or they engage in oil exploration, I am saying that the moratoria should be lifted so that they have the opportunity to do so. By the way, I would also like to see perhaps additional incentives…in the form of tangible financial rewards if the states decide to lift those moratoria.” Read the rest of this entry »

I think most Democrats in Congress went to college, though there is seldom any outward sign of it. While there, they undoubtedly learned about the law of supply and demand. Unlike the Democrats’ opinions about the economy, it is called the law of supply and demand because it is not open for interpretation or opinion. It is what it is. You don’t get to spin it.

The booming economies in China and India are sucking massive amounts of oil, which causes the price to rise. Federal gasoline taxes cause the price to rise. The way to lower that price is to increase supply and cut the taxes.

The Democrats won’t do it. And there can be no other reason for it than to keep the gas prices high so the voters blame the Republicans for it in November. The Democrats (not surprisingly) are punishing the American people for their own political gain. Read the rest of this entry »

The left has been in a constant state of anxiety recently over their perceived notion that Bush is planning on permanent bases in Iraq.

The White House, responding to what it considers rumors being spread by MoveOn.org…, liberal blogs such as DailyKos.com… and Democratic lawmakers, this week tried to persuade key lawmakers that President Bush is not attempting to bind his successor to a long-term military presence in Iraq.

Senior White House officials have briefed Sen. Edward M. Kennedy, Massachusetts Democrat, and other congressional lawmakers about their negotiations with the Iraqi government and will continue to meet with other legislators next week.

“The argument that we seek permanent bases is a constant red herring of MoveOn.org… and other interest groups who want us to retreat from Iraq, with no regard for our national security interests or the fate of the Iraqi people,” White House press secretary Dana Perino said.

Read the rest of this entry »