Goodbye, dollar. Energy is the new currency
February 3, 2009
During his candidacy and his first few days in office, Barack Obama has made both public and private comments regarding the use and cost of various forms of energy. He famously whispered that as president he would attempt to bankrupt the coal companies and the utilities dependent on coal for power generation. Quite recently, he said that $5 per gallon gasoline would be good for the country. Because he’s never held a real job, commuted an hour to work, wrestled with the problems of a small business or assumed personal reponsibility for a profit/loss statement, Mr. Obama knows nothing about the realities of life here in these United States of America. He wasn’t concerned about helping Mother Earth when these comments were made. He was talking about controlling the lives of Americans through the availability, cost and appropriate use of energy. With the dollar nearly valueless, energy is now the new currency. By constricting supply, redirecting its flow or outlawing certain uses, Obama and his puppeteers can now control the entire US economy.
The carbon credit cap-and-trade scheme provides no direct benefit to the environment, the economy or the citizenry. It does, however, give the government dictatorial powers to control industrial output, personal mobility, even the flow of information. All of it requires energy. Starve a certain economic activity of energy, and it disappears. Provide cheap, abundant energy to another sector, and it will flourish. That’s called a planned economy. See Lenin, Stalin, Mao, Castro, Chavez. Even if the carbon credit tax scheme (yes, of course it raises taxes) doesn’t come to be, Mr. Obama and the Democrats in Congress have a dozen other means to achieve nearly identical results. Energy, like money, can be used to reward political allies and punish opponents. Energy, like money, evokes strong emotions of envy, entitlement and greed.
If you’ve ever watched one of those post-apocalyptic movies that hit theaters every now and then, you can’t help but notice that almost every film, energy is highly prized. Everyone fights over the available energy source, be it ancient fuel depot or swine flatulence, to stay alive or to impose their will over others. The leftist wing of the Democratic Party senses this. The private foundations and academic loonies have been touting this as the ultimate means of control for decades. But, how to get Americans to relinquish their standard of living and personal mobility - both possible only with cheap and abundant energy?
Enter the bogeyman - Al Gore, with an alarming vision of an environmental Armaggedon, replete with celebrity endorsements, Bruce Springsteen playing background music and thousands of militant morons flooding into the streets. And so, Big Al and the environuts have trotted out their shameless scam of global warming to scare gullible Americans into scaling back their energy use and accepting the exhorbitant tax schemes that are being layered into energy costs. The environmental bogeyman frightens Americans into giving up their personal mobility, scaling back their standard of living and limiting their economic freedoms.
The media play along. In recent days, Exxon was again lambasted for its ‘obscene’ 2008 profits of $45 billion - a one time event. No one in the mainstream media bothered to report that over half of this profit was confiscated by the US government in the form of corporate income tax. Nor did they mention that Exxon actually collected nearly $300 billion in federal gasoline taxes for the government and turned it over within a few hours of collecting it. It costs Exxon lots of money to collect those taxes, do the reporting and transfer funds collected from thousands of gasoline stations and credit card issuers. Exxon was not reimbursed. The government expended no effort in collecting those taxes, other than to call the bank to see if they were deposited. And then, moments later, our government spent it. Out the door. Up in smoke. Never to be seen again. At some point, if voters allow it to happen, the government will take control of the oil and coal industries to ‘protect’ us from price gouging, when in fact it’s the hidden taxes in energy prices that are making them unaffordable to working Americans. Once the means of production are controlled (Hugo Chavez playbook, p. 1), the government can impose its will as it sees fit. Whomsoever controls the levers of power, now controls each and every one of us.
So, when the brownouts start happening on a regular basis, when local radio stations featuring conservative talk show hosts are put on a limited broadcasting schedule to conserve power, and when your monthly electric bill is roughly equal to your mortgage payment, remember who started it all - Obama and his cronies in Congress. Their dreary utopia of equally shared misery is the best that socialists can offer.
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