Waning Days, Drilling Babies and the Bush/Cheney Shakedown

Over the course of its life, we’re all agreed that the last thing the Bush Administration had as a priority was/is the well-being of its people.  Here’s one of many, many examples:

In these, god help us, limping days of this dark and deeply cynical regime they are charging to the finish line with a whole host of deregulatory nightmares that seem, cynically, to be designed not for lasting positive effect but more to gum up the shoes of the next Administration.  And to ensure that any little ones born now or in recent years will never live to see a day with a full wallet, a life without cancer or the soothing peace of a coastal visit.  These jokers are playing for the long haul of your kids and mine.  White House spokesperson Tony Fratto admits, “I think we’ve had a fairly steady pace…the administration does run until January 20th, 12:00 p.m., of 2009. We still are the administration. We have the constitutional authority to do everything that we’re supposed to do in leading the nation. So we have the right to put regulations in place.”

Whatever signing documents or deregulatory free-for-alls Bush and Cheney manage to squeeze through, I doubt if they expect that the spaghetti will stick to the wall but that’s not their goal.  Their goal is as much short term gain for they and their cronies as possible.  Big Oil, Big Pharma, and Big Chem all know that the writing is on the wall – it doesn’t look good for them and their plunder is sure to be blunted.  Someday.

In the meantime, profits and deregulation look very, very good indeed. Exxon Mobile has earned the highest profits of any corporation in history in 2008’s third quarter.  With a 58% gain from the same 2007, period Exxon brought the salivating foxes $14.8 billion of raw meat.If that doesn’t make you blink, have a look at what they’ve accomplished – with support of Barack Obama BTW – in the last few weeks.

We have a burglary buffet to choose from: the $850 B robbery by hedge-fund managers and Ben Bernake and Henry Paulson pals or Big Oil’s nasty little end-of-year gift of off-shore drilling.  A later post will take on the FDA’s simpering and yes-man panel on the lethal BPAs.

And while Bush complains about high gas prices, he demonstrates his low tolerance for truth when he proclaims that offshore drilling will reduce prices at the pump.  Connecting high prices to high demand is certainly one part of the story but his answer is off-shore drilling.  Offshore drilling won’t yield anything but environmental devastation for at least a decade.

What’s imperative is that we reduce our dependence on fossil fuels, now.  Not find new ways and means of securing environmental catastrophe and putting the inevitable to the back burner.

Drill, baby, drill right into lifeblood that were our coast lines.  In the shrill haranguing from Bush, Cheney, Palin, McCain – and now Obama – not everybody has climbed on the politically convenient off-shore drilling bandwagon.

Kelly Sims Gallagher, Director, Energy Technology Innovation Policy at the Belfer Center for Science and International Affairs, John F. Kennedy School of Government, Harvard University is one such level-head.  Gallagher advises that, “The off-shore drilling and drilling in ANWR (Artic National Wildlife Refuge) is not an immediate fix. Any kind of drilling will take quite a long time – the exploration needs to be done; wells need to be drilled; off-shore oil platforms need to be built. So it’s a longer-term solution. And in any event, it’s not guaranteed that increased off-shore oil production will help reduce gas prices at the pump. Whatever is produced will be sold on the world oil market, and whatever the prevailing world oil price is will be the level at which gas prices remain. So if it helps to add a lot to world supplies of oil, then prices should come down. But if the effect is pretty marginal, then prices may not fall too much (parens added).”

As citizens, our question is: does the benefit in long, long term fuel production outweigh the environmental catastrophe that awaits our coast-lines?

We’ve had eight, long years of exploitation now, baby, now.  Environmental standards, economic policy, educational policy and health policy – I’m not even mentioning the tragic foreign policy.  It’s your wallets, baby, your wallets. If I were you, I’d keep mine in my front pocket as we weave our way through these crowded, last – and anything but lame duck – days.

Advertisements

~ by Thom on November 1, 2008.

One Response to “Waning Days, Drilling Babies and the Bush/Cheney Shakedown”

  1. […] Waning Days, Drilling Babies and the Bush/Cheney Shakedown Over the course of its life, we’re all agreed that the last thing the Bush Administration had as a priority was/is the well-being of its people.  Here’s one of many, many examples: In these, god help us, limping days of this dark and deeply cynical regime they are charging to the finish line with a whole […] […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: