Sunday, November 23, 2008

Want a well used crisis? How's about Global Warming for 45 trillion?

History News Network
What is to be done? We must use this crisis to make major strides towards energy independence. A major part of the stimulus package should be spent on investment in our energy resources. This is the time to take a holistic approach. We should do everything, so that never, but never, will energy warlords be in a position to hold us hostage again. As in 1973 and 1979, they have demonstrated yet again that they cannot be trusted. Enough is enough.
I wonder. If President Obama wants to serve two successful terms he will go slow on alternative energy development. Alternative energy is expensive energy and will drain America's wallet while putting the nation's industry at a competitive disadvantage. He would be wise to keep the price of oil low (and our enemies -- now his enemies, too -- poor) by allowing more domestic production and generating cheap, coal powered electricity for the grid. The fact that we may be entering a mini ice age should help. Instead of a ten year time frame for alternatives, he should think thirty years and have a successful Presidency.

He has been making sensible appointments. He should follow up with sensible policies.

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