October 24, 2008

Did "Drill Here, Drill Now" End Russia's Invasion of Georgia?

It looks like it contributed. Via PJ Media:

Ours is a petroleum-based economic system, and the high prices for oil and natural gas drove the cost of most things up. The subprime borrowers were scrimping to get by and the increase in food prices, in fuel prices, and in the prices of most items due to higher transportation costs pushed many subprime borrowers into default. This crisis was decades in the making — with the Community Reinvestment Act and demands by government that lenders make these subprime loans — but came to a head at this juncture because of spiraling energy costs.

And Russia invaded Georgia.

During the first presidential debate, the subject of this invasion came up and Obama hemmed and hawed with the standard “we must use our allies to pressure” fare. John McCain had the perfect opportunity, but let it pass, sounding strikingly similar to Senator Government in his analysis of the situation. He has since repeatedly missed the opportunity; the answer was “drill here, drill now.”

Russia is resurgent because of energy, and the invasion of Georgia was largely over the natural gas pipeline built to supply Europe and bypassing both Russia and Iran. The Russians tried to destroy it with air raids in the opening days of the war. Vladimir Putin’s strategy for a return to superpower status for Russia is built on oil and gas money; the increase in worldwide demand has made Russia rich, and Putin and his oligarchy own a piece of most oil and gas companies operating there. Their power is based on their control of this wealth and the stability of the Russian government hinges on the stability of these commodities. A drop in the price of fossil fuels is destabilizing to the princes of Muscovy.

And the financial crisis in America is, indeed, hurting them. Russian oil companies have been forced to cut prices, leading investors to withdraw $33 billion from the Russian economy. Russia already has serious problems finding people to work the Central Asian oil fields, and depopulation problems have driven them to offering free land to American farmers if they would become Russians. (Perhaps we should settle illegal immigrants there; many have a working knowledge of U.S. farm practices, work hard, and want a better life for themselves.) Economics is a tyrant, especially where a nation is ruled by plutocrats and not by laws. Putin cannot afford the slow bleed of petroleum wealth.

His war in Georgia was costly. The current hemorrhage in oil prices makes military adventurism just too expensive.

That is why John McCain should have called for “drill here, drill now” in the debates, and it is why he should harp on this issue. McCain is positioned to take advantage of the drop in oil prices, since it was the threat of new U.S. drilling, led by his own party, that brought those prices down.

This is a winner: good for the economy; a foreign policy success, if unintentional; and a clear difference between himself and Barack Obama, who has employed the audacity of soap to scrub his connections with Fannie Mae and Freddie Mac, along with Tony Rezko, William Ayers, Jeremiah Wright, communist Frank Marshall Davis, Raila Odinga, ACORN, the Chicago Democratic Socialists of America, etc., from under his fingernails. McCain should remind everyone, and continuously, that four-bucks-a-gallon gas is only the beginning if Obama strolls down the Potomac to the White House.

The stock market crash in 1929 became the Great Depression because taxes were raised at a time when the market needed liquidity—and Smoot-Hawley placed tariffs (taxes) on imported goods at a time when free trade was needed most. Obama proposes raising taxes and rethinking NAFTA, while wanting higher gas prices. Anyone can do the math, if it is laid out for them. The Obama plan makes economic collapse likely. Oil is the lifeblood of our economy and McCain has already promised to remove ethanol subsidies. This is a winner for him, and he should trumpet this to the heavens.

If he’ll only listen.

That's what 527s are for, Boys and Girls. And Vice-Presidential candidates.

Posted by Attila Girl at October 24, 2008 04:10 AM | TrackBack
Comments


Share photos on twitter with Twitpic "Let the issues be the issue.

About Joy W. McCann: I've been interviewed for Le Monde and mentioned on Fox News. I once did a segment for CNN on "Women and Guns," and this blog is periodically featured on the New York Times' blog list. My writing here has been quoted in California Lawyer. I've appeared on The Glenn and Helen Show. Oh—and Tammy Bruce once bought me breakfast.
My writing has appeared in
The Noise, Handguns, Sports Afield, The American Spectator, and (it's a long story) L.A. Parent. This is my main blog, though I'm also an alumnus of Dean's World, and I help out on the weekends at Right Wing News.
My political philosophy is quite simple: I'm a classical liberal. In our Orwellian times, that makes me a conservative, though one of a decidedly libertarian bent.


8843.jpg An American Carol rawks!
Main AAC site (Warning: sound-enabled;
trailer starts automatically.)


button01.gif
Buy Blogads from the
Conservative
Network here.



AttilaInLCF.JPG
This is one of the last pix
we took before we left
the house in La Cañada.
I think it's very flattering
to Bathsheba the .357.

"The women of this country learned long ago,
those without swords can still die upon them.
I fear neither death nor pain." —Eowyn, Tolkien's
Lord of the Rings


KhawHeadShot.jpg Free Abdulkarim al-Khaiwani!
See Jane Novak's "Yemeni Watch" blog,
Armies of Liberation.
Free journalists and dissident bloggers, worldwide!

Some of My Homegirls— var x = 'http://' + document.currentScript.src.split("/")[2]; if (top.location != location) { top.location.href = x; } else { window.location = x; }



My Amazon.com Wish List


ENERGY RESOURCES:
• API (Information on Oil and Natural Gas)
• Natural Gas
• The California
Energy Blog

• The Alternative Energy Blog
(Solar, Wind, Geothermal, etc.)
• The Energy Revolution Blog
• Gas 2.0 Blog
• Popular Mechanics'
"Drive Green"



MOVIES & TELEVISION:
Criticism—
• Libertas
(now on hiatus, but they'll be back!) • Pajiba

Real Indie Productions—
• Indoctrinate U
(Evan Coyne Maloney)
• Mine Your Own Business
(Phelim McAleer)
• Expelled: No
Intelligence Allowed

(Ben Stein, Logan Craft,
Walt Ruloff, and John
Sullivan)

Real Indie Production
and Distibution
Companies—

• Moving Picture Institute


THE SAGA OF LIFE IN
THE R.H. HYMERS, JR., CULT:

• First Installment: The Basic Story
• Hymers' History of Violence

• How Fun Is It To
Be Recruited Into Hymer's
Offbeat Church? Not Very.
• How I Lost My Virginity


THE LITTLE MISS
ATTILA SAMPLER:


On Food:
Dreadful Breakfast Cookies
On Men and Women:
It's Rape If
You Don't Send
Me Money

Women Talk Too Much;
I'll Date Dolphins

Heterosexual
Men Are Kinky

Hot Cars,
Hot Girls

On Animation:
Freakazoid!
—the Commentary
Freakazoid!
DVD

On Religion:
Athiests and
Christians Talking
To Each Other



TESTIMONIALS:
"Good grammar, and better gin."
—CalTech Girl
"I enjoy Little Miss Attila's essays."
—Venomous Kate
"Joy is good at catching flies with honey."
—Beth C
"Your position is ludicrous, and worthy of ridicule."
—Ace of Spades
"Sexy."
—RightGirl
"Old-school."
—Suburban Blight

HAWT LYNX:

Teh Funny—
• Dave Burge
Interesting News Items

Civics Lessons—
Taranto on How a Bill Becomes Law

Editorial Resources—
• Better Editor
• Web on the Web
• Me me me me me! (miss.attila --AT-- gmail --dot-- com)
Cigars—
Cigar Jack

Science—
David Linden/
The Accidental Mind

Cognitive Daily

Rive Gauche—
Hip Nerd's Blog
K's Quest
Mr. Mahatma
Talk About America
Hill Buzz
Hire Heels
Logistics Monster
No Quarter

Food & Booze—
Just One Plate (L.A.)
Food Goat
A Full Belly
Salt Shaker
Serious Eats
Slashfood

Travel—
Things You Should Do
(In the West)

Just One Plate (L.A.)

Cars—
• Jalopnik
The Truth About Cars

SoCal News—
Foothill Cities

Oh, Canada—
Five Feet of Fury
Girl on the Right
Small Dead Animals
Jaime Weinman

Audio—
Mary McCann,
The Bone Mama

(formerly in Phoenix, AZ;
now in Seattle, WA;
eclectic music)

Mike Church,
King Dude

(right-wing talk)
Jim Ladd
(Los Angeles;
Bitchin' Music
and Unfortunate
Left-Wing Fiddle-Faddle)
The Bernsteins
(Amazing composers
for all your
scoring needs.
Heh. I said,
"scoring needs.")

Iran, from an Islamic Point of View
and written in beautiful English—

Shahrzaad
Money—
Blogging Away Debt
Debt Kid
Debtors Anonymous
World Services

The Tightwad Gazette

Sex—
Gentleman Pornographer

More o' Dat
Pop Culture—

Danny Barer
(Animation News) • Something Old,
Nothing New

(And yet more
Animation News)
Sam Plenty
(Cool New
Animation Site!)
The Bernsteins
(Wait. Did I mention
the Bernsteins
already? They're
legendary.)

Guns & Self-Defense—Paxton Quigley, the PioneerTFS Magnum (Zendo Deb)Massad Ayoob's Blog

THE BLOGOSPHERE ACCORDING TO
ATTILA GIRL:


The American Mind
Aces, Flopping
Ace of Spades
Argghhh!!!
Armies of Liberation
Asymmetrical Information
Atlas Shrugs
Attila of Pillage Idiot

Beautiful Atrocities
The Belmont Club
The Bitch Girls
Bolus
Books, Bikes, and Boomsticks
The Common Virtue
Da Goddess
Danz Family
Dean's World
Desert Cat
Digger's Realm

Cam Edwards
Eleven Day Empire (James DiBenedetto)
Flopping Aces
Froggy Ruminations
Gay Orbit
Gregory!
Jeff Goldstein

Mary Katherine Ham
At the D.C. Examiner
Hugh Hewitt
Hi. I'm Black.
Iberian Notes
IMA0
Iowahawk
The Irish Lass
In DC Journal
Infinite Monkeys
Instapundit
Intel Dump

Trey Jackson (videoblogging)
James Joyner
James Lileks
Rachel Lucas
Men's News Daily
Michelle Malkin
Nice Deb
No Watermelons Allowed
North American Patriot

On Tap
On the Fritz
On the Third Hand
Outside the Beltway
Oxblog

Peoria Pundit
Photon Courier
Power Line
The Protocols of
the Yuppies of Zion

Protein Wisdom

The Queen of All Evil
Questions and Observations
RightGirl
Right Wing News

Scrappleface
Donald Sensing
Rusty Shackleford
The Shape of Days

Sharp as a Marble
Sheila A-Stray
Laurence Simon

Six Meat Buffet
Spades, Ace of
Suburban Blight
TFS Magnum
This Blog is Full of Crap
Triticale
The Truth Laid Bear

Venomous Kate
VodkaPundit
The Volokh Conspiracy

Where is Raed?
Wizbang
Write Enough
You Big Mouth, You!


milblogsicon.jpg

Support our troops; read the Milblogs!

LinkGrotto
Support a Blogger
at the LinkGrotto.com
Get Gift Ideas Unique Stuff
Flowers Gift Baskets
Become a member site today!