Obama knows he has problems when even MSNBC stops drooling over him. Here we find Dylan Ratigan questioning Barack Obama's leftist credentials on his March 31 program after Obama announced some limited drilling for oil in the Gulf. Ratigan asks if Obama is a "Democrat in name only." Yes Dylan, we expect him to defect to the GOP in the very near future. Watch the video below or here.
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Another thing this shows is a complete ignorance to the laws of economics. If some US company stands to make millions maybe even billions of dollars by drilling and selling this oil, then it only stands to reason that they would do so by providing an equivalent amount of oil compared to their new revenue for the American people. You can't make millions or billions by selling an extremely small quantity of oil, so either get upset about the small quantity of oil being produced OR get upset about the large revenues/profits. You can't have it both ways.
ReplyDeleteSecondly, if any kinds of profits are generated they would be put money directly into the hands of American CEO's which are heavily taxed, and high paying oil jobs into the hands of american workers. I can understand opposing this for environmental reasons, but the only person against this for economic reasons is Al Gore and all others who stand to make billions off the fake "green energy" market.