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Wednesday, July 30, 2008
Hello! Hello! Anybody Home?
Hello! Hello! Anybody Home?
There’s a scene in Back to the Future where the foil, Biff Tannen (played by Thomas F. Wilson), raps his knuckles on the head of George McFly (Crispin Glover) and says, "Hello. Hello. Anybody home?" mocking the stupidity of Marty McFly’s (Michael J. Fox) dad.
I think about this scene every time I hear Senator Richard Durbin and Nancy Pelosi say, "The high price of gasoline has nothing to do with supply." Hello. Hello. Senator Durbin. Congresswoman Pelosi. Anybody home?
Perhaps the good Senator and Congresswoman are right.
Perhaps the moon is made of blue cheese. Perhaps the earth is flat. Perhaps the sun will rise in the west tomorrow.
When I lived in New Mexico, they grew onions as a cash crop. But one year the supply of onions was so great they became nearly worthless. In fact, I saw truckloads of onions dumped along the highway.
The current price of oil has everything to do with oil supply. If you doubled the supply of gasoline, tomorrow the price of oil would fall through the floor.
How Senator Obama has discovered that allowing oil to flow from offshore drilling would only decrease the price by "three cents per gallon" is beyond me. If he knows that much about supply and demand, he should head to Wall Street, not the White House.
In reality, we have an artificial shortage of oil caused directly by Congress blocking drilling offshore and in an itsy bitsy tiny ten square mile section of Alaska. The marketplace would have provided sufficient oil at a reasonable price, but the interference of Congress in the supply and demand process has caused a shortage and driven the price of gasoline through the roof.
Government cannot create or add to anything. All it can do is regulate and create shortages by meddling in the marketplace. As Ronald Reagan said, "Government is not the solution, it is the problem."
The Democrats are right when they say that if we decide to drill today the oil won’t flow for six to eight years. But then again, if we wait six years, we will have another six years to wait. What a stupid argument.
Newt Gingrich is really right, "Drill Here. Drill Now. Pay Less." If Congress would vote to open up offshore drilling and drilling in Alaska today the price of oil would collapse because the speculators would panic and sell out.
There’s only one solution, throw Durbin and Pelosi and every other thick-headed liberal out of Congress! We may not have much of a choice for President, but we can elect a Congress that will open up the oil tap.
The tide is beginning to flow in our direction. Nearly 70% of the American people are now in favor of drilling offshore and in Alaska. If the price of gas edges up another dollar, drilling for oil will become the "third rail" of politics that candidates will oppose only at their political peril. If you haven’t already signed Newt’s petition at www.americansolutions.com do it today.
Perhaps, just perhaps, the man who took over Congress on the basis of his Contract with America has once again hit upon the way to turn the Democrats out of office.
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