Well columnist Thomas Friedman certainly does not.
It is great to see that we finally have some national unity on energy policy. Unfortunately, the unifying idea is so ridiculous, so unworthy of the people aspiring to lead our nation, it takes your breath away. Hillary Clinton has decided to line up with John McCain in pushing to suspend the federal excise tax on gasoline, 18.4 cents a gallon, for this summer’s travel season.
This is not an energy policy. This is money laundering: we borrow money from China and ship it to Saudi Arabia and take a little cut for ourselves as it goes through our gas tanks. What a way to build our country.
When the summer is over, we will have increased our debt to China, increased our transfer of wealth to Saudi Arabia and increased our contribution to global warming for our kids to inherit.
No, no, no, we’ll just get the money by taxing Big Oil, says Mrs. Clinton. Even if you could do that, what a terrible way to spend precious tax dollars — burning it up on the way to the beach rather than on innovation?
The McCain-Clinton gas holiday proposal is a perfect example of what energy expert Peter Schwartz of Global Business Network describes as the true American energy policy today: “Maximize demand, minimize supply and buy the rest from the people who hate us the most.”
Good for Barack Obama for resisting this shameful pandering.
Remember Obama's point about using good judgement? I think this is exactly what he is talking about.
Both McCain and Hillary do the politically expedient thing that will garner them support from the ignorant and illiterate of this country while Obama looks at the big picture and realizes it is an empty gesture.
I just hope those voters in Indiana and North Carolina are smarter then the average American voter.
Great post, I agree completely. I was proud of Barack Obama for not going along with this idiocy, but I'm worried it will backfire in Indiana...fingers crossed they have some sense out there.
ReplyDeleteBTW, I am adding you to my blogroll! Should've discovered your blog sooner!
ReplyDeleteWow! Thanks!
ReplyDeleteHow moronic. This further solidifies my suspicions that Hillary is working with the Republican Party to destroy her fellow donkeys!
ReplyDeleteOn the other hand, it's Thomas Friedman, who invented the F.U....
ReplyDeleteOn the other hand, Krugman sez it's a bad idea too. Wha? Krugman and Friedman both agreeing on somethin'? Gotta go, gotta look out the window to see if the four horses of the apocalypse are snacking on my front lawn...
- Badtux the Snarky Penguin