Showing posts with label great idea. Show all posts
Showing posts with label great idea. Show all posts

Sunday, March 15, 2015

Great Idea


A while back I suggested that our federal government buy, at today's rock-bottom prices, more oil to add to our Strategic Petroleum Reserve ... see: A Strategic Suggestion. This would help out the oil fracking industry in the United States while, at the same time, providing a cushion against future petroleum shortages. Now guess what? Our government is doing just that ... proposing the purchase of up to 5 million barrels to add to this reserve ... see: CNBC Story. Will miracles never cease?

I have a further suggestion ... how about making it 50 or 100 million barrels?

Saturday, January 14, 2012

Great Idea ...


Wrong person.  The Barry, in an election-year U-turn is proposing measures that would make our federal government leaner and meaner.  See: Earthlink Article.  Three measures he has proposed are:

1) merging six major trade and commerce agencies into one and eliminating the Commerce Department, 2) tax incentives to bring jobs back to the U.S., and 3) eliminating corporate tax breaks for companies that ship jobs overseas (does this include G.E.?).

Now this would be a giant HOORAY if Obama's track record indicated that he was trustworthy on such matters.  Unfortunately, he pulled a trillion dollar scam on the American people with the stimulus package in 2009 that did little more than siphon federal tax dollars into public service unions and produced very few "shovel-ready jobs" as promised.  So one has to look sideways at this new proposal and expect that, if Congress were to approve it as is (note the corporate tax increases ... most every large company has foreign affiliates), Administration magicians would find some way to augment the Democrat re-election war chest with more resources.

Or, if Congress were not to endorse this pig-in-a-poke proposal, then The Barry would have one more bullet-point to decry in his re-election campaign ... which seems to be pointing toward his running against a "do-nothing" Congress.  So the U.S. legislature is boxed in and will probably have to pass such a measure.  But, the House of Representatives should take this opportunity to expand this law even further into significant government downsizing and include so many caveats that Obama can't find his way into reversing its effect.  Then, if Harry Reid does Obama's dirty work and kills this proposal in the Senate (more do-nothing evidence) ... or, if The Barry wouldn't ink such a measure, then the real purpose of this election-year grandstanding would be revealed ... which, hopefully, would then be communicated to the American public (ha ha).