By John Galt
May 14, 2008
“Mommy, mommy I went wee-wee and added water to the ocean! The fishies should be happy now!”
Ah yes. The screams of joyous Congresscritters and refined Senators as they have solved America’s energy crisis by stopping the flow of oil purchases for the Strategic Petroleum Reserve. It’s tantamount to the little four year old boy proudly proclaiming he stopped the ‘fishies’ from dying as the tide went out because he went “wee-wee” into the ocean for the first time in his life. These arrogant fools who have set this nation on a course for total economic disaster by first ignoring the threats warned on the energy crisis during the first energy crisis in the 1970’s. President Appeasement, er, Carter, basically had his EPA shut down the modernization and expansion of refinery capacity along with finding any and all reasons to stifle clean coal development, oil exploration off of our coastlines, and of course allowing free market innovations to re-engineer the auto industry instead of forced mandates. Anyone with two working brain cells would realize that free market innovation always works better and the proof is in the Toyota Prius and the fact that it did not require a government regulation, mandate or law to require it’s manufacture.
Thus with thunderous self-congratulatory applause and numerous arm fractures from patting themselves on the back, the U.S. legislative bodies have now mandated that we are going to dump about 19,000 barrels of oil on to the markets to help “ease” the energy crisis. That would be all fine and dandy if we could build new refineries to process this oil, so at first glance everyone should contact their local nimrod and ask them if the oil tanker can park off the coast of their district (ok, so that’s sort of hard for a Kansas or Iowa nimrod; but you get my drift) and wait to be unloaded. This magnanimous act was done just so these freaking idiots can go home and say proudly to their constituents “see we did something; your gas price went from $3.89 per gallon for unleaded down to $3.88 for unleaded! Now send us some campaign contributions so we can return to screwing you over in the fall!”
Needless to say this development is about as relevant as my proclaiming that I’ve had a conversation with the mosquitoes hanging around my porch and they promise to tell their relatives not to bite me this summer. While we are whistling past the graveyard the rest of the “second world” has been busily moving assets and resources into their nation’s realms by doing what we did:
What is in the best interest of their population and not caring about the rest of the world.
Unfortunately, our politicians feel there is a new “one world” obligation and could care less about people who can not afford this sudden concern for the speckled hump back farting green flea indigenous to only the fourth drill bit of any oil rig located in the Gulf of Mexico. And those people, the seventy plus million baby boomers and those already retired, along with those who are younger than twenty years old are about to enter a world of financial hardship unseen since the 1830’s. The Chinese communists could not give a rats you know what about fleas, grubs, grouses or penguins as they buy more oil than ever to fill their new strategic reserve yet we’re all supposed to sing John Lennon songs around the campfire while watching the Olympics from Beijing on our solar powered television sets. In reality the market can and will be more than happy worldwide to absorb the stupidity of our leaders once again and the oil we’re leaving on the table.
So as the innocent child proudly proclaims he saved some fish by urinating in the ocean our government repeats the same act on a grander scale. Just like the “rebate” checks which will offer temporary stimulus because they are counting on us acting like ignorant sheep spending the money on booze, lotto or amusement parks instead of saving the money or investing it in things we might actually need in the near future; like precious metals, ammunition, food, seeds or tangible goods this recent vote indicates a willful ignorance of the new reality and the dangerous world we live in.