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| A rather stupid item from Michelle Bachmann by Tansin A. Darcos (TDARCOS) 09/14/2011, 11:10pm PDT | ||||
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| Madamme Michelle Bachmann in her attempts to run for the Republican Nomination for President of the United States has made a really stupid, pandering remark which anyone with any brains knows she can't fulfill.
In an attempt to acquire the "greedy moron" vote she's promised as President to get the price of gasoline down to $2. She can't do it, either. Supposedly she'd use the "drill, baby, drill" strategy to encourage more drilling. But the results of a new oil well take years and it's not going to do anything in the interim. Besides, we're already pulling more oil out of the ground than ever before, and prices are still going up. Even if she emptied the Strategic Petroleum Reserve, that would only be a few weeks of supply, and it might not have that much effect on the price. Remember, we're competing with countries like China, so there's a big demand, worldwide, for energy. The only way we could see gasoline prices drop that much - about 1/2 from the current almost $4 a gallon - is if we had a major economic depression like 1933. Oh, that would really be a great idea, wouldn't it? Now, she also can't "talk" the oil companies into unilaterally lowering prices, that way would be economic suicide and could lead only one way: Chapter 11. So the only other things she can possibly do to support this promise to bring the price of gasoline down to $2 is to do one of three things. (1) Impose price controls and watch as there's either no gasoline available at all or we have huge gas lines like we did in the 1970s. (2) Impose more taxes on something else to pay the cost of subsidizing the price of gasoline at $2 a gallon, or (3) simply do the same thing Bush Jr. did to fund the wars in Afghanistan and Iraq: spend money to subsidize the price of gasoline and increase the deficit. So much for being a Republican, this sort of scheme seems like the kind of thing a liberal Democrat would propose. ---- Tansin A. Darcos (TDARCOS) "The lessons of history teach us - if they teach us anything - that no one learns the lessons that history teaches us." |
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A rather stupid item from Michelle Bachmann by 09/14/2011, 11:10pm PDT  WELCOME! I'm glad to see you here. NT by 09/14/2011, 11:25pm PDT Republican said a thing by 09/16/2011, 7:11am PDT "So much for being a Republican, this sort of scheme seems like the kind of thin by 09/16/2011, 7:29am PDT google ron pual NT by 09/25/2011, 12:45pm PDT |
