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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (1034)	7/28/2008 2:25:54 PM
From: steve harris	Read Replies (1) \| Respond to of 86352

Not true? China imports 58% of its oil from the middle east, with Angola first, Saudi Arabia second, and Iran third. Looks to me that terrorist funding is alive and well in the oil markets even with your hope of replacing middle east crude imported into the US with golf carts and windmills. We're already getting our ass kicked "competitively", look at cars and airplanes. The America automobile industry has already been destroyed by the unions and their politicians in congress. Democrats want a lower standard of living, it's their goal of you watch all of their efforts to keep people dependent upon their robin hood tactics of wealth redistribution. And democrats are going to save us all with more restrictive regulations and more taxes? The democrats need to get the hell out of the way and let American ingenuity take care of itself through the capital markets. The democrats wanting to "manage" the speculative markets is the stupidest thing they've dreamed up recently.

To: RetiredNow who wrote (1034)	7/30/2008 6:19:38 PM
From: TimF	Read Replies (1) \| Respond to of 86352

Your theory ignores the reality of history. Being the country to invent something, or to first produce and/or use it on a wide scale, typically doesn't give you a lasting dominance in the market for it, if the market is significant. And that assumes that whatever we pour our billions and trillions in to really will even be a significant market for the long term. You don't invest in "alternate energy", or even broad categories like "solar", "wind" etc. You invest in specific technologies. Which may or may not turn out to be a good idea. Setting investment priorities by political decision making rather than seeking market return is the best way to ensure that Americans of future generations have a lower standard of living than today.