Arguably, the single most important issue in the U.S. economy is the current unprecedented rate of increase in the price-per-barrel of crude oil. Unarguably, our “Leaders” are still offering no well thought-out cohesive plan to address this matter that’s been in crisis-mode since 1973. Instead, they continue to offer Band-Aids and Bludgeons.
Band-Aids are things like the gas-tax holiday endorsed by Republican Presidential Candidate John McCain or Congress calling in oil company executives to yell at them about their morally questionable level of profits. While these actions illicit gut-level reactions, they’re not solutions. They are, at best, Band-Aids.
Bludgeon describes how politicians use this to beat on each other. Democrat Presidential Candidate Barack Obama provides a classic example of this. He uses this as yet another opportunity to use the disingenuous phrase “Bush/McCain” and to lay the blame for this crisis at the feet of his political opponent. This completely ignores the fact that every President, Senator (including himself) and Member of Congress, since 1973, has screwed this pooch. Instead of a true “Change” to true leadership that leads to much-needed real solutions, we get the same old political expedience of just blaming the other guy any chance you get. The result? No real solutions, just more Bludgeons.
Well, I’ve had enough! In late 1978, when I was 30, I accepted a promotion and moved from Indiana to Southern California. When I got there, I found that you could only get gas on alternating days, depending on the ending number of your car’s license plate. And, on those alternating days, you’d still have to wait in line for gas, hoping that the filling station you’d picked didn’t run out. To make matters worse, the price for gas was approaching an outrageous $1.00 per gallon! I remember the Tonight Show’s Johnny Carson saying, “Just wait. Once gas gets to $1.00 a gallon, there will be all the gas you want.” I guess he was right. Once there was enough supply, the price didn’t seem to matter that much and not much changed.
So, here we are, 30 years later, I’m now 60, I’ve moved from Southern California to the Pacific Northwest, gas is over $4.00 per gallon and finally, something about our nation’s energy dependence is beginning to change … our driving habits. Charles Krauthammer addresses this well in his recent column entitled “At $4, Everybody Gets Rational”. Once the price exceeded $4.00 a gallon, it did matter to us and the change in our behavior is forcing the “Captains of Industry” to respond.
I guess that’s a good thing and that Krauthammer is right … Its too bad that it takes this sort of “gun to the head” circumstance to change our driving habits but that key needs to remain in place if, as a nation, we’re ever going to achieve energy independence. But, this involves the behavior of “Followers”. What about the behavior of our “Leaders”?! Where is their cohesive plan, now 35 years overdue, that: Safely produces more domestic crude oil and refined product, includes rational and expedient development of alternative fuels, leverages pricing for the products that OPEC imports from the U.S., etc.?
Certainly, I’m not alone in my views on this and I’m confident I’m not even in the minority. What I’ve pointed out up to now isn’t exactly “news”. The question remaining is what do we, as individuals, do about this? Well, we can still “throw the rascals out” with the power of our vote. After 35 years of inaction, whether they have a “D” or an “R” (or any other party-affiliation) after their names, they deserve to be thrown out. If, in over a third of a century, they can’t address such a clearly urgent matter, which can just as clearly be resolved, how can we rely on them for other concerns and why shouldn’t we give “the other guys” a chance to do better?
For me, the time to act is now. I look at what has happened while our “Leaders” have continued to let this matter drift since I was 30. We can’t “unscramble that egg” but lets have enough concern for where our nation will be 30 years from now, to put true Leaders in place who will do better than just continue to let us “go with the flow” into oblivion. There’s no telling if I’ll see 90 but, if things don’t change, I imagine my departure having to be much less elegant than my arrival. I plan to be cremated. Without significant change, I imagine that my Wife and dog will have to drag me to some designated public spot where two sticks can be rubbed together to get me started and I can be used as fuel for something, including the smoke-signals that are used to relay the news of my passing. Part of why I imagine that black-comedy scene is to try to make myself laugh to keep from crying. I do not want to spend my “Golden Years” in depression, both economically and emotionally, as a result of what we allow to continue to happen to our great nation. So, I’m going to do what I can, including doing all I can to “throw the rascals out”. That means I will not vote for anyone, at any level, who isn’t supporting a well thought-out cohesive plan for our nation’s energy-independence. Can I make a difference alone? No. But, if I’m right, that I’m not in the minority on this and those who agree act in unison with me, we will make a difference. In addition to being a difference that keeps my sorry ash from going up in smoke signals we can make a significant and true “Change” that keeps our nation on its course of greatness.
Saturday, June 7, 2008
Price-Per-Barrel, Band-Aids and Bludgeons
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At the heart of his fuel crisis issue is the on-going consequence of the US Middle Class being absorbed into a "Flat World" of energy consumption competition with key trade countries like China.
Slowly but surely (during both the Clinton and Bush administrations & with lots of help from the US Congress) ALL US domestic oil companies have been merged into totally "globally-focused" energy holding companies, and the distribution of wholesale fuel products has been outsourced to single suppliers regionally -- no matter what the fuel station "brand" name. Basically, the open market has been morphed into an international oligopoly (sp?) that is managed by a wealthy set of international owners (who could care less about a stifled impact on US economics from extremely high transportation costs to consumer products and services.)
Add to the problem the fact that Chevron/Texaco (two merged mega-energy competitors) recently sold their credit card operations to GE Financial Services with the result of higher interest rates on account balances. It's no wonder people are having trouble paying their inflated mortgages (on larger houses than they usually need) due in part to excessive credit costs (they called it "loan sharking" in my parent's days.) The real money and transportation crisis is just beginning. A good book to read about the growing US economic and socio-political changes is: "The World is Flat" by Freidman.
The problem is mirrored in the blurring lines between Republican & Democrat political elections. Vote for the person's stated positions on key issues like energy, defense, health projects, and immigration and not by their ability to speak or which party they belong to in a "primary". Be an "Independent" and a patriot to a great country that was designed to be "...Under God, and Indivisible" by its wise Founding Fathers.
AFP
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