Showing posts with label oil companies. Show all posts
Showing posts with label oil companies. Show all posts

Tuesday, July 29, 2008

McCotter Drinking The Company Kool-Aid™ Again

My illustrious congressional representative Thaddeus McCotter (R - MI, 11th district) has sent out his quarterly e-mail, dutifully towing the Republicon line as predicted - in this case DRILL DRILL DRILL DRILL! Well, actually he said...

If the government would just get out of the way, remove its regulations, litigation, taxation, and other obstacles to the production of American energy by entrepreneurs and allow free markets to work,the supply of oil will increase...


Riiiight - because de-regulatioin has worked so well for us in the past, eh congressman? Remember Enron? How about the results we're now seeing from the deregulation of the mortgage business? I can't believe neocons can still make this argument with a straight face. Then again, their nominee is blaming Barack Obama for the price of gas. Good thing their party-faithful are hateful nincompoops.

Do you know what happens when you leave businesses to their own devices with no oversight? They steal everything they can from the consumer. I've seen it time after time after time after time in my own life. Business only does for the consumer and for the public what it's required to do by law - and only then when there are enough resources to enforce it. They loot the U.S.treasury, YOUR treasury, for everything they can get.

And do you know what happens when nobody's watching our so-called representatives? Ted Stevens happens, that's what. Ted Stevens....tee hee hee hee. I knew they'd catch you with your hand in the oil drum.

Oh, and by the way, Congressman McCotter, the next time you go bashing the government, remember - YOU ARE THE GOVERNMENT GENIUS!

Tuesday, July 15, 2008

Bush: The Disaster Capitalist's Best Friend

You know, every time I hear George Bush speak publicly, I'm always reminded of his statement that he's "a uniter, not a divider". I'm reminded of it because I'm blown away by how many times he's publicly proven himself to be either delusional, or just a liar.

Todays' press conference (seen below), designed to calm the fears of Americans who might make a run on the bank due to the near collapse of Fannie Mae and Freddie Mac among the collapse of other financial giants (due in no small part to a complete lack of oversight and regulation of the mortgage industry - brought to you by the concerted efforts of high-priced finance industry lobbyists), showed again how willing the president is to hammer the Democrats in congress for not allowing the oil companies to exploit sensitive natural reserves like ANWAR - regardless of their failure to exploit the vast majority of government land leases they already hold or the failure to creatmore refining capacity in the last thirty years. Anything they gain at this point in the game is pure gravy.

But, as recent history has proven since September 11, 2001, every American disaster is an opportunity for George Bush Jr. to provide more opportunities for the industry closest to his heart - big oil. The fall of the twin towers allowed a frightened populace to be cow-towed into allowing the invasion of Iraq so energy companies could eventually divide the spoils amongst themselves - assuming we ever get the hornets back in the nest. But even now, as oil executives have recently admitted to congress, they're negotiating side-deals with the Iraqis just in case the U.S. bungles the job - which seems likely considering our current leadership.

So once again Presidnet Bush has missed the opportunity to, in essence, say "We're all in this together people, so let's pull together and fix this energy crisis", and instead accused the Democrats of impeding the progress of oil companies who would no doubt save us if they had the opportunity.

Right.

And President Bush made no call for Americans to conserve energy like President Carter did in the 1970's - well, at least not until a reporter brought it up. What a surprise.