Our bumper sticker should be “Don’t Blame Me–I voted for Romney”.
Another point that was not made in the article is that Republicans in Congress must place the blame for the bank failures squarely on Democrats like Chris Dodd and “Bawney Fwank”, who pushed Fannie and Freddie into making loans to insolvent borrowers, loans which were later bought up by other banks and spread throughout the system. Obama himself was doing this (on a smaller scale) as an ACORN community organizer in Chicago, intimidating Chicago bankers to make loans to insolvent borrowers.
Energy policy needs to be another talking point. Oil prices might be low now, but oil supply and demand are extremely delicately balanced. If supply exceeds demand by 2%, we get $40/barrel oil–if demand exceeds supply by 2%, we get $140/barrel oil. If the economy picks up and demand increases slightly, or if some major supply is interrupted (Venezuela, Mexico, Iran, or a hurricane in the Gulf), triple-digit oil and $4/gallon gasoline WILL be back.
Obama is basking in the low oil prices CAUSED BY THE RECESSION, while hundreds of billions of barrels remain undeveloped offshore, and a trillion barrels of shale oil (over 100 years’ worth) sit uselessly under the Rockies. We might be able to run some small power plants with wind and solar (better yet, nuclear power), but our cars and planes need OIL!
This issue might not get much traction NOW, but it won’t take much to send oil prices back up again, and the “media ditz” Sarah Palin will suddenly seem like a genius…
And putting a tax on CO2 emissions to prevent “global warming” is absolutely ludicrous–it will just increase everybody’s electric bills in the middle of a recession, while not cooling the earth, since the Chinese will build more inefficient coal-fired power plants, so they can make cheap widgets for Wal-Mart and lots of money, then buy all our T-bills and eventually own our Government.
We need to educate people on the energy issue, slowly but surely…then when 2010 comes around, WE TOLD YOU SO!!!
