Wednesday, June 16, 2010

A useful crisis?

Rahm Emanuel famously advised that one should never let a good crisis go to waste. 

So now it appears Barak Obama is trying to use the BP spill as leverage for his anti-oil energy agenda. This one the central message of his recent infantile TV broadcast.

Lest there be any misconceptions on the issue it should be realized that:

1. This has nothing to do with replacing oil as our main fuel source and everything to do with a way to give politically advantageous subsidies to big companies to "research" alternative fuels. The taxpayer funded "research" has been going on for 40 years. As long as oil is cheap, its a joke, an expensive one.

2. Ten to one Obama knows that this is all rhetoric. The rhetoric notwithstanding, the longstanding alliance between Big Oil and Big Government is not about to be jeopardized. Fortunately, for him and for the nation, there is no way Congress will pass his energy bill.

What is really interesting about all this is the flack he is getting from the liberals who have always thought he could walk on water, so why not miraculously stop the oil. Their disillusionment is comical and well-deserved.

The crisis may not be waisted after all.

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