Monday, November 14, 2011

Pres BO votes "present" on the pipeline (and jobs)


President BO has been talking a lot about "jobs" lately.  Do you remember "pass my bill now"? 

Why is Pres BO killing jobs by postponing the pipeline bringing US$15-a-barrel Canadian oil to American refineries.

What is the point of delaying this until after the election?  Can  someone explain that?

The Las Vegas Review Journal has a great editorial about this:

"The $7 billion, 1,700-mile Keystone XL project, proposed by Calgary-based TransCanada, would carry oil derived from Alberta tar sands to refineries in Texas.

It's a private project. Unlike solar and wind farm boondoggles, no federal subsidy would have been sought. Much of the pipe is already sitting in warehouses. It would be hard to envision a more "shovel-ready" project -- nor one better suited to reduce America's dependence on far more expensive oil imported from hostile foreign lands."

I guess that Pres BO does not want to upset the environmentalists, or another one of the many groups who voted for "change" and have gotten little.

The editorial goes on:

"Terry O'Sullivan, general president of the Laborers' International Union of North America, noted: "The administration chose to support environmentalists over jobs -- job-killers win, American workers lose."

Frankly, it's hard to believe that Pres BO really cares abut jobs.

P.S. We spoke about this with Bill Katz of Urgent Agenda:


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