Thoughts On Obama From Bama

Week 167: “Obama’s All of the Above Energy Strategy”

I pulled into the regular pump I was feelin' quite at ease
rolled down my window and told the man, ;fifty cents worth please
Then out jumped my partner with his trusty pellet gun
He said boy this is a holdup, keep 'a pumpin' and don't run

We got fifteen dollars and a can of stp
A big ol' jar of cashew nuts and a Japanese TV
Feelin' we had pulled the biggest heist of our career
We're wanted men, we'll strike again But first let's have a beer

We were sittin' in the Krystal About as drunk as we could be
In walks the deputy sheriff And he's holdin' our TV

Roughed us then he cuffed us
And he took us off to jail No pictures on a poster, no reward and no bail

And now I wish I was somewhere other than here
Down in some honky tonk, sippin' on a beer
Yes I wish I was somewhere other than here'
cause that great fillin' station holdup Cost me two good years

Yes that great fillin' station holdupIt cost me two good years Great Fillin Station Holdupt, Jimmy Buffett

Any poor dumb pilgrim that believes our Roughneck-in-Chief is genuinely advocating an All of the Above energy strategy is sure enough crazier than an outhouse rat. No sir, no way, no how. The man is a green energy; save the flat speckled bellied flat land lizard; eco-Nazi; radical tree humping extremist who equates fossil fuels with free market capitalism and despises both with Marxist/Socialist fanaticism.

Truth be told American coal and oil industries are pillars of this country’s global economic dominance representing the best of U.S. ingenuity, innovation, perseverance and successful free market capitalism. Even with all the negative aspects of these industries, pollution; greed; environmental adversity; and exploitation, the positive benefits derived are more abundant than white on rice.

For a president of this country to demonize, lie about and criminalize these industries is shameful, anti-business, totally misleading and detrimental to establishing U.S. energy independence and our economic vitality. Consider the following stats about the U.S. oil and gas industry:

• Ownership - 9%, corporate management and institutional. 91% pensions, mutual funds, IRA’S AND 401K’s
• Profit margins – 6.7% compared to 9.2% for overall manufacturing industry
• 2 Trillion in US capital investment since 2000
• Effective tax rate – 41% compared to 26% for overall manufacturing
• 85 Million a day paid in taxes, fees and royalties
• 500 Billion in profits, 400 Billion paid in income taxes last 5 years
• Over 9 Million jobs industry wide

President Obama’s bad mouthing of such a vital US industry is downright un-American. His proposal to end their tax subsidies, the same subsidies all manufacturing companies currently receive, is nothing more than sanctimonious class warfare.

Such a boneheaded move would also adversely impact a lot of good folks 401K’s and actually raise the price to fill up our tanks even more. Which, unbelievably, is precisely what the Obama Administration’s energy policy is designed to do.

In hindsight none of this should come as a surprise or world shaking great new revolation. Prior to his media elite supported myths and lies got him elected to the highest office in the land our future president repeatedly proclaimed openly and without shame his advocacy for raising energy prices to European levels.

According to our Tree Humper-in-Chief this is the only way to cure our global warming addiction to those Satan fossil fuels. Don’t seem to matter to these green energy extremist that their ecofriendly alternatives won’t be ready for primetime for at least another 30-50 years.

Now that we know his real agenda it’s right easy to extrapolate Obama’s true, not for public consumption, All of the Above, radical extremist, stop manmade global warming, energy strategy. Following is a brief listing of this economic train wreck in waiting and fiscal calamity of Koranic proportions:

• Raise the price at the pump to 9-10 dollars a gallon
• Kill U.S Coal industry with implementation of oppressive EPA regulations
• Backdoor Cap and Tax/Trade with oppressive EPA intrusions
• Tax oil, coal and gas industries out of business
• Force mass transit down U.S. traveling public collective throats
• Outlaw gas guzzling nonconforming vehicles
• Subsidize foreign exploration and drilling while drastically cutting domestic production

Mr. Obama has gained a pretty strong toe hold on All of the Above during his first term of office. Given a second he’s more likely than not to keep at least one of his promises to fundamentally transform America as we know it.

Totally energy dependent on foreign sources and a second rate fiscally unstable Marxist/Socialist nanny state. Sure enough would be a truly amazing dismantling of the world’s greatest free market capitalist economy in 8 short years.

I am American by birth and Southern by the grace of God.

Ron W Garikes