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07 May, 2011

On oil, it is pretty simple: REMOVE THE SPECULATOR EXEMPTIONS AND DRILL HERE, DRILL NOW!

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YES !
 
 drill, drill, and drill !!! 
On oil, it is pretty simple:
REMOVE THE SPECULATOR EXEMPTIONS
 
AND DRILL HERE, DRILL NOW!
" Prices Continued".


Dustin StocktonMedia/Events Director, TheTeaParty.netChief Strategist, Western Representation PAC

Earlier this week, I briefly told you about how Wall Street speculation was driving the cost of oil and gas beyond what can be attributed to the normal principles of supply and demand. Wall Street and government manipulation artificially inflated the real estate market, and now that the housing bubble has burst they have moved on to artificially inflate another key element of American economic prosperity for short-term profits.
Exemptions to traditional commodity regulations granted to certain investment banks have created a loophole that is flooding commodity markets with unhealthy levels of capital. Essential commodities like food and oil need to be insulated from the fluctuations of other speculative markets because food and oil consumption are not optional. You cannot stop eating and you cannot stop driving to work. A good place to start stabilizing and reducing gas prices would be to immediately end the speculator exemptions in essential commodity markets that corporations like Goldman Sachs have been granted.
 
Let me be clear—this is not the only piece of the solution. Speculation is playing a key part in skyrocketing gas prices and must be immediately addressed but that does not mean we do not also need to increase the domestic production of oil. The arguments for domestic oil production are well-known and range from national security (decrease American dependence on oil from hostile countries), price (increase supply, lower price), and jobs (somebody has to work the rigs, do the exploration, etc.).
We subscribe to the saying: DRILL HERE, DRILL NOW!
There is no debate whether or not our dependence on foreign oil is funding our enemies and threatens our economy, so why is there no action? It is a combination of idiots and factors that keep our government’s hands tied. The idiots are the tree-hugging environmentalists who continue to control the Democratic Party. The sad thing is that many of these people are well-intentioned but have been manipulated by people like Al Gore into believing the man-made global warming hoax. Al Gore is using these people in an attempt to cash in on a newly created carbon credit industry. The political factor that is preventing action is that increasing domestic oil production requires delayed gratification. It will take years before the additional oil starts coming out of the ground, and if politicians cannot see the benefit before their next election, it does not serve their primary purpose—maintaining power.
The danger is that over the course of decades the political establishment has developed a short-term mentality. Whether it is on oil production, spending, or deficits, Washington has shown a willingness to sacrifice long-term stability for short-term benefits. Only when our politicians love their country more than their own power will our government stop passing difficult and painful choices on to future generations. We will no longer stand by and let the lust for power endanger our long-term future.

 
On oil, it is pretty simple:
 
REMOVE THE SPECULATOR EXEMPTIONS AND DRILL HERE, DRILL NOW!
Thank You,Dustin StocktonMedia/Events Director, TheTeaParty.netChief Strategist, Western Representation PAC

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