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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: epicure who wrote (92492)	10/30/2008 10:57:10 AM
From: Snowshoe	Read Replies (1) \| Respond to of 541791

>>Any chance the reports that it might just be a pipeline to nowhere aren't true?<< Here's the question you need to be ask... Why are a bunch of supposedly "free market" Republican politicians getting involved in helping to finance a natural gas pipeline? 1) Back in 2004, the Republican Congress passed an $18 billion loan guarantee for the pipeline, which was signed by President Bush. 2) Republican Governor Frank Murkowski tried to get the State of Alaska to make a multi-billion dollar investment in the pipeline. 3) Republican Governor Sarah Palin proposed a $500 million state subsidy for the pipeline. Normally when an energy company wants to develop a resource, they just apply for permits and build the infrastructure themselves. So why the orgy of Republican socialism? Answer: Because the current economics probably don't support the project, no matter who builds it!!!