Russian Might to Fright-Oil and Fundamentals

Posted in: NAP- Neighborhood Alliance of Pawtucket
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  • nap
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The gall of the Putin Russian offensive to occurr during the Olympics speaks volumes about democratic foundations in the world. They do not care one iota and yet their oil dollars remind us of the need to come up with alternate energy and more working at home efforts to break the stranglehold. Conservation and credits to homeowners and business rising to the alternatives should be the direction of the dollars we credited to the profit hungry oil companies that continue to gouge all of us all the way to the bank.

Do we follow the McCain efforts to kick them out of the economic powers of the G-8 membership or do we move our allies to isolate them in their bad manners and destructive policies? We need to make some significant changes away from the Bush repos of rewarding their buddies and political contributors and to rebuilding our infrastructure creatively. Perhaps a WPA program may help the unemployed and rebuild our infrastructure sadly deteriorating to a potential catastrophe.

Let's move forward and not backwards like the chicken little fables!

 

 

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  • bigallan
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BIG OILâ€TMS NEW DARLING

Wednesday, August 20, 2008
Posted by Jim Hightower
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John McCain built his maverick image in part by being a Republican senator whoâ€TMs willing to go against Big Oil. As recently as June 13, he had this to say about the petro giants: “I am very angry, frankly, at the oil companies, not only because of the obscene profits theyâ€TMve made, but at their failure to invest in alternate energy to help us eliminate our dependence on foreign oil.â€??

Good stuff! McCain has long stood up to oil corporations on such big issues as their demand that we open all of Americaâ€TMs shorelines to their drilling rigs. But, suddenly, that John McCain has disappeared. On June 16 â€" only three days after his “angryâ€?? speech â€" he made another talk in which he reversed his position. “My friends, we have to drill offshore,â€?? he now says. “We have to do it.â€??

Really? Why? Because, he explains, “The oil executives�? told him it would be a good thing.

Wait… I thought he was angry at those thieves. Not any more. You see, right after his June 16th flip-flop speech, he flew off to Texas for a round of fundraisers with â€" guess who? â€" oil executives! On June 17th, for example, he had a closed-door luncheon with energy honchos at the San Antonio Country Club â€" and walked out with a love offering of $1.3 million for his presidential campaign.

A McCain spokesman rushed out to assert that it is “completely absurdâ€?? for anyone to suggest that the senatorâ€TMs switch on drilling had anything to do with oil money. Well, maybe heâ€TMs confused by the “position=moneyâ€?? relationship of politics, but the oil barons definitely are not. Prior to McCainâ€TMs miraculous conversion, they had not been big backers of the senator, but once they heard his new position, the money spigots opened.

As one advisor to oil companies said of McCainâ€TMs switch: “I think the industry was very appreciative.â€??

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Guess who will pay the big bucks to fill up if oil's new buddie gets elected? Can you imagine a $10 buck price per gallon so Big Oil gets their bottom line! Let's look for the alternatives. Tougher bottom line for those heating with oil this winter and next!

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