Response to T. Boone Pickens – Pickens Plan
August 28, 2008
T. Boone Pickens is an oil man who has turned his attention to wind energy. So instead of making all his millions of dollars on oil, he is now going to add to those millions with more money from his (federally subsidized by you and me) wind mills. I am all for free enterprise, so he should be able to make as much money legally as he can, but does he really need yours and my money to succeed?
Additionally, his commercials are misleading. Although he says drill, drill, drill (and we agree), he also says buying foreign oil will be the biggest transfer of wealth in the history of the world. of all people, he should know that this is NOT a TRANSFER of wealth, but an EXCHANGE of wealth. We are exchanging dollars for oil. Simple as that.
A TRANSFER of wealth would be if we were sending money to other countries and getting nothing in return (similar to taxing the wealthy who produce jobs, goods and services and turn that money over to help those who do not produce and demanding nothing for it).
Boone is a smart man and is buttering both sides of his bread by meeting with both political parties and getting them on board. Pelosi an Obama have accepted the wind portion of his proposal, but do not agree with the drilling portion (though Boone says they are listening). However, Pelosi wants natural gas which also comes from drilling… Not sure how she thinks that is going to happen… McCain says he is on board but will not drill in ANWR where there IS oil… Get it?
Until they come around and agree to ALL PARTS of T. Boone Pickens Plan, they are not going to solve diddley squat. Don’t doubt me!
FedUpEditor
Comments
Got something to say?
