John McCain for President Message Board

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Politics : John McCain for President

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To: puborectalis who wrote (3306)	9/19/2008 10:45:48 PM
From: RetiredNow	Read Replies (1) of 6579

The Reality of the Current U.S. Energy Policy, According to Mr. Ricker Every day: * We buy 20 million barrels of oil * We borrow $2 billion from competitive countries (e.g., China) * We pay $2 billion to unfriendly countries (e.g., Russia) * We consume everything we’ve bought This results in our: * Owing $2 billion we don’t know how to repay * Incurring $10 million of additional recurring interest Every year we borrow $750 billion to buy oil, which is: * Equivalent to 1.5 times the U.S. military budget * Equivalent to 1.5 times the annual cost of Social Security * Equivalent to 2 times the annual cost of medicine All the RNC chants of “Drill Baby Drill” won’t change that reality. seekingalpha.com

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