Tuesday, August 12, 2008

Answer quick, John McCain: You have a goose that lays golden eggs. You should A) Kill and eat the goose B) Smash the eggs C) Drill for oil

It’s becoming clear that we Americans have a unique talent for ruining ourselves and our nation. It didn’t used to be this way. But the Republican Party and their know-nothing candidate, John McCain, seem hellbent on driving this country’s economy off a cliff.

Drilling our way to national ruin

Case in point: McCain’s contagiously stubbornly ignorant insistence that we can drill our way out of current high gasoline prices by drilling for small amounts of oil that won’t come to market for about ten years anyway – meanwhile endangering with pollution our coastlines and unspoiled wilderness of Alaska.

Bob Herbert, one of the more sensible op-ed columnists at the New York Times, sums it all up here.

Was P.T. Barnum
America’s greatest genius?

The McCain mission for economic suicide keeps chanting, “We have to drill here and drill now. ... Drill here and drill now. " More and more Americans are falling for this con, thus demonstrating P.T. Barnum’s observation that at least in America, “There’s a sucker born every minute.”

Meanwhile, golden opportunities – hard times always lay golden eggs for those who look for them – are falling into the hands of this nation’s competitors. We could have a new and highly profitable industry manufacturing wind generators. Instead, orders for these high tech energy machines that generate power essentially for free after they are installed are going to other nations, from Denmark to China, while McCain’s backward policy keeps demanding we pump for oil.

And because we keep spending our money on oil, we’re showering other nations with a gusher of our own cash – not only nations like Saudi Arabia, that pump the oil, but also nations like China, from whom we keep borrowing more and more money because our own has less and less value thanks to all the oil we consume.

How about buggy whips, John?

John McCain’s yearning to somehow find a few drops more of oil is about as forward thinking as a huge Congressional appropriation to save the buggy whip industry. Oil is a backward technology. It’s time to move on, before the rest of the world eats what’s left of our lunch.

But John McCain thinks – and perhaps he’s right, suckers – that he can win a presidency by yelling “Drill, drill, drill!”

If that’s our solution, we’re dead, dead, dead. And when our economy goes, so will our living standard, our colleges and universities, our technology, and our national defense.

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