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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (84549)5/15/2007 3:05:23 PM
From: miraje  Respond to of 206138
 
I'll add another

Here's a speech on energy that you'll never hear from any politician's lips..

"Ladies and Gentlemen, there has been a lot of talk lately about the rising costs of energy. Unfortunately, the "solutions" being proposed by the White House and Congress will do nothing to alleviate the problem and, in reality, will only serve to make it worse.

Propose this, subsidize that, tax this, regulate that, ban this, mandate that, etc., etc., will all add up to accomplishing about as much as the pie-in-the-sky five year plans of the old Soviet Union.

Make no mistake, we are facing energy shortages that could be severe enough to cause significant damage to our economy and standards of living.

The only realistic way to deal with it is to get the bungling politicians the hell out of the way and let the market work. Get rid of stupid restrictions on drilling for new domestic sources of oil and gas. Get rid of unnecessary boutique fuels and ethanol requirements. Get rid of stifling regulatory burdens that hamper development of new refineries. Open the door to building new nuclear power plants, thereby saving the ever more scarce and precious hydrocarbon fuels for transportation, where there's no economically viable substitute currently available.

There's nothing magic about free markets, if they're allowed to function properly. When prices rise or commodities grow scarce, then consumption drops, pricier alternatives become attractive, and developing new sources becomes economically feasible. Free markets have brought us the prosperity we enjoy today and, when applied towards energy, will work to ensure that we will enjoy prosperity tomorrow.

It's not rocket science, and if those who are in charge don't "get it", then we need to throw the bums out, before it's too late"...