Does Moveon.org Know How To Swim?

Despite Senator Barack Obama's flip-flop on offshore oil drilling, House Speaker Nancy Pelosi and Congressman John Yarmuth refuse to change their minds -- and Pelosi refuses even to let the House vote on the issue. But House Republicans, like the Israelites in Egypt, will not be suppressed. Their favorite slogan these days is "Let my people vote!"

Now comes word that Moveon.org will bring in reinforcements for Pelosi and Yarmuth as their troops attack the Republicans at the water's edge. The people that brought us the "General Betray Us" advertisement last year pledge to "to 'push back hard' against House Republicans who have been seeking to pressure Speaker Nancy Pelosi (D-Calif.) to allow a vote on offshore drilling," according to TheHill.com. Count on Moveon.org to come up with an ad campaign that creates a disastrous drowning for Democrats in a sea of red voters.

Please note: The postings of "G. Morris", written by John K. Bush and which end in 2016, stated his views as of the dates of posting and should not be understood as current assertions of his views. The postings, which have not been altered since they came to an end, remain on this blog to preserve the historical record. In 2017, Mr. Bush took a position that precludes further public political comments or endorsements. He will no longer be contributing to this blog.

Oil Prices

I find it interesting that after President Bush rescinds the Executive Order on off-coast drilling that oil prices have started to drop. You won’t read about this observation in the media.

Yet, it seems that if we send out signals to the “speculators” that we are even considering drilling that they get the message that speculating in oil may not always be profitable and they leave the market. This is another example of the “Free Market System” that has worked so well for the past two hundred plus years for our country. Alexander Hamilton was a very smart man for the vision he had on the Free Market System.

President Bush’s rescinding the Executive Order has no real power on allowing us to drill but it does send a signal to the speculators that the future of oil is changing and cause the effect of lower oil prices. So we see that the Free Market system does have power over the speculators. We don't need controls on the oil companies because the Free Market System works.

We have all heard that if we start drilling now it would take ten years to get it to the market. My thought is that if it is going to take ten years then we should have started drilling yesterday!