Bush and McCain Happily Presiding Over Massive Transfer of Wealth to Oil Companies

[DogPoundPup]

Contrived or otherwise, today's soaring gas prices are a tangible bonanza for Bush/McCain. Offshore drilling would put billions in their cronies' pockets but would not lower gas prices a single cent. Nuke power could mean billions more in radioactive lucre for reactor builders who may never deliver a single electron of electricity.

It's no accident that what Bush/McCain are not advocating is a massive shift to increased efficiency and renewable energy.
http://www.alternet.org/environment/89426/

[babylonsister]

1. I would love to see which companies they are invested in.

Think of all the companies that are wildly rich right now as a result of this admin's actions.

[DogPoundPup]

3. Chevron, Exxon and BP are heavily invested in McCain in a very clandestined way

A Hidden Agenda: John McCain and the International Republican Institute

>>>Big business, lobbyist groups and foundations annually donate $1.4 million to the IRI, a small fraction of the organization's $79 million budget. Such donors to the IRI include UPS, AT&T, Anheuser-Busch, Bell-South, Lockheed Martin, Blackwater, Chevron, ExxonMobil and BP. It is worth noting that several of these donors regularly lobby regarding issues under the jurisdiction of the Senate Committee on Commerce, Science, and Transportation where McCain is the second-highest ranked Republican. Private donations account for only $200,000, significantly less than 1 percent of the IRI's total income......http://www.alternet.org/audits/89431/?page=4<<<

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=6412689&mesg_id=6412689

[predfan]

2. I refuse to let the senate and House off so easily........

with a little guts they could lower the interstate speed limit to 60 TODAY, and force the states to follow suit..........the 5-10% fuel savings would translate to $60M to $120M A DAY not down the tank, but going somewhere else in the commercial sector.

Unfortunately , I think they're all too close to BIG OIL,Dems included.

That's why this election is make or break for our country.......gotta change the mindset.

[colt equalizer]

4. I am in a minority here, but I think it better to drill our own oil than send $ to others.

The world runs on oil and will continue to do so even if we don't or won't.

If our energy costs are higher than the rest of the worlds that still run on oil, that means our jobs go overseas and our commerce dries up.

The world has at least a hundred years supply or more of oil, 500 years of coal, and maybe 1,000 years of methane hydrate on the ocean floor.

I am honestly a global warming sceptic because every time I think of global warming I ask what melted the last few dozen or more glaciers that covered most of America if it wasn't global warming.

OK. let the bashing begin!

[DogPoundPup]

5. It really helps to read the entire article before commenting on a post

The offshore and other protected areas Bush/McCain would destroy have limited, (((((expensive))))) oil beneath them. The GOP "energy plan" is that of a desperate junkie, tearing apart the planet for a few last grains of white powder to snort up its nose. That there will then be no more does not seem to matter.

The United States once had the world's greatest mass transit system, which was consciously destroyed by the auto and oil industries to sell more cars and gas.

It once had a virtual monopoly on the renewable and efficiency technologies that can solve global warming and give us energy independence, with local communities taking control of their energy supply.

Enron's hucksters staged that fake electricity crisis to gouge California while pushing back the transition to a green-powered economy.
AGAIN, here's the link ... http://www.alternet.org/environment/89426/

[Serial Mom]

6. Isn't this re-distribution of wealth?

repukes are always saying they don't want that, but when it goes from the backs of the poor / middle class, then it's OK????