The Real Story Behind High Oil Prices

I’m getting tired of the knuckleheads on Capitol Hill wasting time parading oil executives into hearing rooms to pummel them over profits every week rather than actually solving the problem. Isn’t this still America? Aren’t we still a capitalist nation? A quick lesson on the purpose of a business: to make money. Yes, it’s that simple. The purpose is no greater or less than that. We should be cheering their profits.

Let’s say I were to grant you that a corporation could make “too much” money (I won’t, but let’s say I did). The oil industry has a profit margin well below the average of all industries. The reason for the huge profits in absolute numbers is simply the fact that it is the largest industry in the world. It would be like Joe’s Bar & Grill complaining that Applebee’s makes too much in comparison.

Anyway, let’s move on. Let’s take a look at what the mental midgets in Washington have done to address the issue of high oil prices:

• They have made ANWR off limits to drilling
• They forbid drilling off of the Florida and California coasts
• They will not allow leases for drilling in the Gulf while China and Venezuela have signed leases
• They are shutting down oil fields in Colorado
• They won’t allow shale oil field development in some Western states
• The EPA just added polar bear to the protected list even though their numbers have increased substantially. Oh yeah, and the polar bears are in the same area where we need to drill for oil.
• They passed legislation allowing us to sue OPEC–I’m sure that won’t piss them off and cause them to cut off our oil.
• There have been rumblings of a windfall profits tax (even though I pointed out earlier that they are below average in their profit margins). Trust me, increasing a company’s expenses, will not lead to lower prices.
• All 3 presidential candidates have promised to pass cap and trade legislation (to fight the phantom global warming problem). The EPA estimates that this will increase the price of gasoline by $1.50 per gallon–other say it could be more like $5.00 per gallon.
• They have not allowed the construction of a new refinery in over 30 years.
• They will not allow the deployment of coal-to-oil technology. We are the Saudi Arabia of coal and could be energy independent with this technology.
• They won’t reduce the federal gas tax–not even for the summer.

And they’re asking the oil executives why prices are so high? Stop the political grandstanding and provide real solutions folks.

What Will Our President Look Like After 4 Years?

It is well documented that President of the United States may very well be the most stressful job in the world. You need only look at the pictures before and after a presidency. A young, vibrant, energetic candidate becomes tired, ragged, and haggard after just 4 years.

So what will our next president look like after 4 years? The folks at PopPhoto have attempted to give us an idea. They altered a photo of each remaining candidate to show us how they may look in 4 years. The results are dramatic.

Clinton Campaign in Total Collapse

Okay, you’ve heard all the bizarre things Hillary has said over the last several days on TV and the debates. She is in total desperation mode now that she is starting to see the writing on the wall with her campaign. What you may not have seen is a couple of absolutely hideous videos.

The first one is a way too happy band that performs a song that sounds strangely like the Jackson 5’s ABC song. We never really see an audience, but there is massive applause and cheering at the end. Personally, I think they recorded the crowd reaction at an Obama rally and dubbed it into this video.

Next up is a song Sophie B. Hawkins did for the Clinton campaign. She adapted her song “Damn I Wish I Was Your Lover”. In this song, it’s “Damn We Wish You Were Pres-i-dent.” Horrible.

Here’s Who You Should Vote For

Who should I vote for?

I’ve seen a lot of quizzes out there that are supposed to help you decide who to vote for, but most of them seem pretty seem pretty lame. However, I’ve found one that may be a step above the rest. No tool like this is perfect, but it may be a useful educational tool. It’s called Glassbooth. You start off by weighting 14 issues. You have 20 points in which to allocate among the issues. If you are a single-issue person, you can allocate all 20 point to one issue. Otherwise, spread around the points as you see fit.

When you are happy with your point allocations, you move on to the questions. The questions are chosen based on the issues that you allocated points to. Your answer is on a 5-point scale from Strongly Oppose to Strongly Support. Answer those question and you are given the top 3 candidates that match you the closest by percent.

From there, you can drill into each issue and find out why they agree or disagree with you. They support their assertions with speech quotes and actual votes on bills, so you can understand why they think you match up or don’t with a particular candidate.

You are not limited to evaluating the top 3. They give you the ability to look at how you match up with any of the current candidates and many of those that have dropped out.

In case you care about my quiz (I know you don’t), first here’s how I allocated my 20 points among the issues:

• Medical Marijuana and Drug Policy: 0
• Civil Liberties and Domestic Security: 3
• Crime and Punishment: 0
• Iraq and Foreign Policy: 3
• Trade and Economics: 2
• Environment and Energy: 2
• Gun Control: 0
• Immigration: 3
• Health Care: 0
• Social Security: 4
• Taxes and Budget: 3
• Education: 0
• Gay Rights: 0
• Abortion and Birth Control: 0

Here are the top three candidates it spit out based on my answers to the subsequent questions:

• Mike Huckabee: 71%
• Ron Paul: 65%
• John McCain: 65%

I checked out the other two remaining candidates to see how I match up with them:

• Hillary Clinton: 44%
• Barack Obama: 38%

I’d be interested in seeing what John and anyone else interested comes up with on this quiz.

Cheers to Obama

Barack Obama is the son of a white American mother and a black Kenyan father. The Kenyan people are very proud of their “favorite son” and the success he is finding in American politics. They have actually taken to gathering in bars on primary nights to watch CNN while guzzling beer. Their favorite beer is called Senator, but they have unofficially renamed it Obama. The day after the latest primary, mountains of kegs could be seen outside of the local watering holes.

They love this beer because it is strong and cheap. Should Obama win, I think it would be entirely appropriate for us to drink Obama beer. We’ll need the strength of it to quickly drown our sorrows; and the cheapness since we’ll only be left with “change” in our pockets after taxes go through the roof.

I Thought You Wanted Change

Today Mitt Romney announced that he was suspending his campaign, paving the way for John McCain to win the Republican nomination. On Super Tuesday the Democratic race was pretty evenly split, but Hillary Clinton did finally pull into the lead on delegates. The race is far from over on the Democratic side, but Clinton now has more than 50% of the delegates needed for the nomination.

I thought everyone wanted change. If we end up with McCain and Clinton, that’s about as far from change as we can possibly get. They won’t even have to hire a moving company–they can just carry their boxes from their Senate offices over to the White House.

1968 Retrospect: Republican Primary

On November 18, Romney announced that he had “decided to fight for and win the Republican nomination and election to the Presidency of the United States.” Early polling indicated he was the leader among moderate Republicans. However, Romney withdrew from the race on February 28 after his internal polling showed that he was certain to lose.

So why am I telling you about Mitt Romney when I’m supposed to be talking about 1968? Well, I’m not. The story above is about Mitt’s father George and his short-lived run for the White House in 1967-68.

After Richard Nixon won the presidency, George Romney was appointed to Nixon’s cabinet as Secretary of Housing and Urban Development. After the end of the Nixon administration, he largely fell out of the public eye to concentrate on public service and as well as work with his church.

Obama Takes Idaho By Storm

Idaho is the most conservative state in the country. In fact, I think we may have a law on the books explicitly banning liberalism. However, it appears the some have been able to sneak across the border. 

Barack Obama held a rally in Boise today to an overflow crowd at Taco Bell Arena. Organizers originally setup the venue for 8,800 people–using a black curtain to block off part of the arena. However, they quickly had to reconfigure the arena to open it up completely. When the dust settled, more than 14,000 people were in seats and standing–a record crowd in the 25 years the arena has been in use. 1,000 people even braved the cold temperatures to stand outside and listen on speakers.

Say what you will about his politics, but this man is inspiring and exciting people in a way not seen since Ronald Reagan in 1980 and John Kennedy in 1960. He doesn’t have a prayer of winning Idaho in the general election, but I think we may see a surprising number of cross-over votes.

http://www.ktvb.com/news/localnews/stories/ktvbn-feb0208-taco_bell.81b065ff.html

Change, Change, Change: Shut Up Already!

Change. That seems to be what all of the candidates are talking about. Of course, they won’t tell us what that change is. We just need change for change’s sake, right? Regardless of who gets elected, I’m worried that change (in my pocket) is all that I’ll be left with.

The video below put together by Hugh Atkin is fantastic. The first 45 seconds or so are a bit tedious, but then he takes sound bytes from speeches to sing David Bowie’s song Changes.

Obama: Stop Escalating the Religious Rhetoric

According to an article at cnn.com, Democratic presidential candidate Barack Obama is aggressively battling an e-mail campaign falsely labeling him a Muslim. Unfortunately, I think his response to this “smear campaign” is a mistake. He is playing into the idea that there is a significant portion of the population that hates Muslims. He said:

“I think it ’s very important for people not to buy into the kinds of dirty tricks that we’ve become so accustomed to in our politics, and people need to understand I’m not and never have been of the Muslim faith.”

“I think that those who are of the Muslim faith are deserving of respect and dignity, but to try and feed into this fear-mongering and try to question my faith commitments and my belief in Jesus Christ, I think is offensive.”

Calling someone a Muslim is not a “dirty trick” nor does it “feed fear-mongering”. In this case, it is simply a lie. His best course of action would have been to either ignore it or issue a simple denial. Unfortunately, his rhetoric here simply escalates this to no good end. He may very well end up offending the Muslim community with these remarks.

Here’s a bulletin to Obama: This is the 21st century. The overwhelming major of people are not so stupid as to discriminate against someone based on their religion. I don’t care what religion you practice. As long as you are a good, decent person and I agree with a good deal of your policies, I’m going to consider you. Religion will not, and should not, having any bearing.