The obama regime will end or greatly curtail fracking in the coming year if he gains a second term. Such a move would drive oil prices up more rapidly then many other moves obama can do in his campaign to force feed the nation's economy on green energy methods. Such a force-feeding will drive the nation's economy to second class status and rip apart the country's standard of living. It also makes absolutely no sense since it is one of the most ecologically clean ways of putting oil into the nation's energy system. News reports today reveal that the EPA regulations that will accomplish this goal are already drafted and will be put into effect as early as December if obama is re-elected. Yet obama has not revealed his intention to take this step during the campaign.
Other sources today revealed obama's intention to continue his current practice of appointing far left - so-called uber left wing - persons to open judicial posts. If only a typical number of judges resign, retire or pass away, obama could move the judiciary much further left and keep it that way for as many as thirty more years. On the Supreme Court, even one more far left appointee would move the country's highest Court further than almost any appointment since the Civil War.
Analysts caution that anyone who thinks a second term for obama would mirror the first are, quite simply, wrong. In a second term obama would no longer be mindful that he will have to run for re-election. obama will have the need to placate moderates removed. It should be expected that he will do all he can to drive oil prices up, forcing the nation to adopt green energy sources far sooner than the market would indicate. It would increase the chances of the nation making a wrong choice in such an arena, costing the country trillions of wasted dollars and years of technological setbacks. Such a bad choice would be made if the country chooses one green energy source and moves to develop its ability to utilize such a source. The rest of the world, meanwhile, would be able to wait until the market dictates such a move. First, it might well be that such a green choice would never be necessary. This would happen if the oil industry is able to further develop its own "green" environmental changes, thereby cleaning the use of oil even more than it already has. But even if a green choice becomes necessary under market conditions, the fact that the United States is forced to make such a decision far earlier than other countries increases the chances that our decision would be a bad one. If the United States is forced to move to green now, it might choose to develop a green energy economy that will prove to be far too expensive in the long run. The rest of the world, making its move only when the market says it is time to, will have time to see which alternate energy is developing faster and more economically, will have far more information when it makes its decision. If the United States chooses wrong, it will not only be bludgeoned by having to use green energy far sooner than it is economically prudent to do so, it will be susceptible to a second economic nightmare if its unnaturally early choice on green energy proves to be wrong. In such a scenario, the damage to the United States economy may well be fatal to the chances of economic prosperity in the future.
No comments:
Post a Comment