Nutty Gas-Tax Holiday (Thomas L Friedman)

[azmouse]

http://www.sacbee.com/110/story/903498.html

It is great to see that we finally have some national unity on energy policy. Unfortunately, the unifying idea is so ridiculous, so unworthy of the people aspiring to lead our nation, it takes your breath away.

Hillary Clinton has decided to line up with John McCain in pushing to suspend the federal excise tax on gasoline, 18.4 cents a gallon, for this summer's travel season. This is not an energy policy. This is money laundering: We borrow money from China and ship it to Saudi Arabia and take a little cut for ourselves as it goes through our gas tanks. What a way to build our country.

When the summer is over, we will have increased our debt to China, increased our transfer of wealth to Saudi Arabia and increased our contribution to global warming for our kids to inherit.
No, no, no, we'll just get the money by taxing Big Oil, says Clinton. Even if you could do that, what a terrible way to spend precious tax dollars – burning it up on the way to the beach rather than on innovation?

The McCain-Clinton gas holiday proposal is a perfect example of what energy expert Peter Schwartz of Global Business Network describes as the true American energy policy today: "Maximize demand, minimize supply and buy the rest from the people who hate us the most."

Good for Barack Obama for resisting this shameful pandering.

[Cant trust em]

1. Why isn't Clinton getting hit purely for attaching herself to an idea of McCain's? NT

[azmouse]

2. I think people just expect it from her any more.

HRC = GOP

After all, she thinks McBush would be a better President than Obama.

[Cant trust em]

3. I wouldn't be surprised if deep deep down she really felt that way.

[ampad]

4. K&R

[JimGinPA]

5. He's Right

K&R