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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