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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, November 7, 2009

Sarah Palin: Make Your Voices Heard Before It's Too Late!

Transcript of Governor Sarah Palin's Facebook post:

Speaker Pelosi: Your Blue Dogs are Howling
Today at 8:47am

Like many Americans, I’m very concerned about the efforts underway to rush through the 2,000 page Pelosi health care bill this weekend. Why the rush? That’s a lot of pages to read. Why not give everyone the chance to read it and debate it?

How much will this bill cost us? It’s unclear because the figures coming out of Washington keep changing – and always in the direction of costing more, not less. The latest numbers show it will cost more than a trillion dollars over the decade, but when has a government program ever come in on or under budget?

How will we pay for it? Taxes, of course – and not just on the “rich” (you know, the people who spur the economy by buying goods and running companies that employ people), but also on just about everyone, especially small businesses – the job-creating engine of our economy. One of the points of health care reform was to help small businesses with the cost, but this bill hurts them – and right at a time when so many Americans are out of work and need the jobs that small businesses produce.

What’s in this bill? The “death panel” provision is in it. Medicare cuts are in it. Coverage of illegal immigrants is in it. And federal funding for abortion is in it. I commend the many Republicans and Blue Dog Democrats who are taking a principled stance to fight this.

I had a message for Speaker Pelosi in a speech I gave last night for the Wisconsin Right to Life – “please, please don’t break the ‘transparency promise’ by prohibiting at least a vote of your colleagues on funding abortion-on-demand.”

Speaker Pelosi has already broken many promises thus far in this “reform” exercise. She promised that this would be a bi-partisan effort, but the bill she’s pushing isn’t bi-partisan. She promised that the final version of the bill would be posted online 72 hours before it comes to a vote so that the American people could clearly see what’s in it and how we will pay for it. But she broke that promise too when she decided to rush the bill to a vote this weekend.

The speaker must be held accountable for her broken promises. Now is the time for Americans who believe in the free market and who believe that we need policies that promote job growth instead of job loss to say once and for all, “Enough!” Stand up and make your voices heard before it’s too late. Call and email your representatives and tell them to vote “no” on Pelosi’s train wreck of a health care bill, or else we will vote “no” to sending them back to Washington when we go to the polls in less than 12 months.

- Sarah Palin

PS: For an idea of the bureaucratic maze that the Pelosi bill would create, take a look at this new chart put out by the Joint Economic Committee.

Friday, October 16, 2009

To Drill or Not to Drill? That is Palin’s Question

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By Shane Vander Hart, Caffeinated Thoughts

Sarah Palin has piece that was published this morning for National Review, and she opens by stating, “Petroleum is a major part of America’s energy picture.  Shall we get it here or abroad?”  This follows a Facebook post regarding the desire of Gulf oil producers to replace the dollar in pricing oil with a different currency.

The answer, she writes at National Review, is to drill:

Given that we’re spending billions of stimulus dollars to rebuild our highways, it makes sense to think about what we’ll be driving on them. For years to come, most of what we drive will be powered, at least in part, by diesel fuel or gasoline. To fuel that driving, we need access to oil. The less use we make of our own reserves, the more we will have to import, which leads to a number of harmful consequences. That means we need to drill here and drill now.

We rely on petroleum for much more than just powering our vehicles: It is essential in everything from jet fuel to petrochemicals, plastics to fertilizers, pesticides to pharmaceuticals. Ac­cord­ing to the Energy Information Ad­min­is­tra­tion, our total domestic petroleum consumption last year was 19.5 million barrels per day (bpd). Motor gasoline and diesel fuel accounted for less than 13 million bpd of that. Meanwhile, we produced only 4.95 million bpd of domestic crude. In other words, even if we ran all our vehicles on something else (which won’t happen anytime soon), we would still have to depend on imported oil. And we’ll continue that dependence until we develop our own oil resources to their fullest extent.

Those who oppose domestic drilling are motivated primarily by environmental considerations, but many of the countries we’re forced to import from have few if any environmental-protection laws, and those that do exist often go unenforced. In effect, American environmentalists are preventing responsible development here at home while supporting irresponsible development overseas. (read the rest)

Palin is right.  For the sake of our economic and national security we need to unshackle our ability to develop the God-given natural resources that we have here at home.  We can develop and access these resources in environmentally friendly ways providing a transition to a cleaner fuel alternative.  So my answer to her question is, “drill, baby, drill.”  Let’s get it from within our own borders.

It would be the common sense approach, which is why Washington won’t likely go for it.

Shane Vander Hart is the editor of Caffeinated Thoughts.  Feel free to friend him on Facebook or follow him on Twitter.

Wednesday, October 7, 2009

Drill, Baby, Drill! My analysis on why Sarah is talking Energy on FaceBook.

by Upinak
The Palination -- http://www.thepalination.com



You gotta love when Sarah does a slam dunk on FaceBook. Especially concerning energy!


But let’s be frank and get down to the punch real quick. A few years ago, some Middle Eastern nations said that they did not want to use the American dollar vs. the cost of a bbl of oil and were only going to use the British sterling which has been done before. And this from the Independent was in interesting find and something I had but recently forgotten.  Please click on link, but the emphasis is mine on this paragraph.

Per The Independent:

Iran announced late last month that its foreign currency reserves would henceforth be held in euros rather than dollars. Bankers remember, of course, what happened to the last Middle East oil producer to sell its oil in euros rather than dollars. A few months after Saddam Hussein trumpeted his decision, the Americans and British invaded Iraq.

Opps, do these countries forget so quickly?  I think so.  By the way, this Independent article was published Oct. 6th, 2009.  People ARE paying attention!


You will also not hear that in the news at this moment in time as the MSM will not bring it up to light. I have a link on how the “devaluation” of the world oil industry rates matter with actual graphs of how different exchanges do. But I want you to keep in mind this last paragraph in the study. Emphasis mine.

Middle Eastern Economic Survey:

V. Conclusions

Dollar depreciation reduces activities in upstream through different channels including increased cost, higher inflation rates, lower purchasing power, and lower return on investment. Dollar devaluation increases oil demand in countries with appreciated currencies because of an increase in purchasing power. It also increases the demand for gasoline in the US as Americans spend their summer vacations driving in the US. Large dollar devaluation reduces the supply of oil and increases the demand for oil. Therefore, oil prices will stay high for a longer period than analysts expect.

Three more conclusions are relevant to future research. Studies that focus on the elasticity of demand for oil must use oil prices denominated in national currencies, not in US dollars. Studies that focus on the relationship between energy prices and economic growth must use oil prices denominated in national currencies, not in US dollars. Finally, exchange rates may explain several issues in international energy markets that researchers have been not able to determine or agree on.


Interesting how the MSM also doesn’t talk about this either, yet Sarah Palin in a little over 3 paragraphs is showing the problem of the economic impact of our American Dollar and the impact on Americans. But does Obama care? No. And right now, those Nations (France, Japan, and a few Middle Eastern Countries) are saying they did not have this little "talk".

But how do we take care of this? Well Russia did some interesting things in 2003, which I don’t recommend any sane country do. What did they do you ask? Russia seized the oil companies across their Nation, and bankrupted them, and then used the oil revenue as well as the natural gas in which they sold to various nations and paid off ALL of their debt in about three years. I am not saying that we should do the same. But if we do more domestic oil production for our own use, it may help us, as in America, in the long run.

With the little bit of history that I have given you, the best defense is to be our own propietor and business.  Pay back our debt to those countries we owe and become quiet and watch the others hawkishly.  I am not talking Ron Paul shut the world out scenario.  What I mean is watch and only talk when asked and not give opinion.  The best defense against speaking out is to not speak at all.

So what do we do?  That is the question that you need to answer yourself.  I have given you some information that the normal American doesn't pay attention too or simply over looked.  Now what you do with it or research on your own is all up to you. 

What I recommend.  Drill, Baby, Drill!