The Coming Resignation of Barack Obama
Peter Ferrara writes this compelling piece and publishes it over at The American Spectator earlier this month. Peter points to President Obama’s agenda, his involvement with the Sestak job offer, and his response to the BP oil spill. Here’s a clip on BP…
It is too late for the fire boom plan now, with the oil spreading across the Gulf. Louisiana Governor Bobby Jindal quickly developed another plan to build temporary sand barrier islands off the coasts to absorb the oil and protect fragile wetlands and fisheries. The law requires federal approval for such activity. But perhaps because Jindal is a Republican, the hyperpartisan Obama Administration has failed to even respond to his proposal first made a month ago, except to say that it is studying the idea, while the oil starts to wash ashore.
What President Obama has done instead is to suspend all offshore drilling in the Arctic, at least until the causes and solutions to the Gulf spill are discovered. No applications for drilling permits in the Arctic will even be considered now until 2011. Drilling scheduled to begin this summer under already issued Alaskan leases has also been halted. Investor’s Business Daily explains how this punishes the American people, saying on May 28, “Alaska’s Chukchi Sea holds more oil and gas than anyone thought – 1,600 trillion cubic feet of undeveloped natural gas, or 30% of the world’s supply, and 83 billion barrels of undeveloped oil, 4% of estimated global resources. You can be sure the Russians won’t be as reluctant.” Nor will the Cubans and their Chinese partners expected to drill in the Gulf of Mexico off of Florida’s coasts as well, just as the Brits and others have not been reluctant to drill in the stormy North Sea.
Moreover, President Obama has already begun to use the crisis to renew his political push for federal cap and tax legislation that will cripple the economy with arbitrary, unnecessary, soaring, energy cost increases. Does he plan to hold any future drilling hostage to passage of this legislation?
Read the entire article here.
Posted: June 18th, 2010 under 2010 elections, Climate Change, Newsworthy, Obama's Agenda.
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