McCain:  "Please take pity on me, I'm a forgetful old geezer who doesn't understand basic economic theory.

MSM (with hands pressed firmly over ears):  "Oh, come on your maverickness, don't be so humble.  We still believe you're the most qualified to end this recession."

If McCain thinks his strong suits are foreign policy and national security I'm surprised he can even pronounce economy.

If McCain thinks his strong suits are foreign policy and national security I'm surprised he can even pronounce economy.

Gramps McCain's idea of "stimulating the economy" is asking his wife Cindy to increase his allowance......

I think I understand McCain's economic plan: Stay in Iraq as long as possible. Make companies like Exxon, Haliburton, Boeing, McDonnel Dougles et. Al wealthy beyond belief. Screw everyone else and hope that money from the upper echelon (top 2 percent) trickles down into the lower and middle classes.

I supported Clinton. Now that Clinton is out, I throw my support to Obama.

Either McCain's understanding of economics or his intrinsic honesty must exceed that of Chuck Schumer and yourself. 

A direct quote from the esteemed Senator Schumer:

"if Saudi Arabia were to increase its production by 1 million barrels per day that translates to a reduction of 20 percent to 25 percent in the world price of crude oil, and crude oil prices could fall by more than $25 dollar per barrel from its current level of $126 per barrel." 

If Senator Schumer actually believes as he said above that adding 1 million barrels of oil per day to global production would lower oil prices more than $25 per barrel, then why do he, Senator Obama, and Senator Clinton all oppose pumping oil from ANWR?

"In 2005, Obama voted just like Clinton to outright ban drilling in ANWR. And later that year he voted, again just as Clinton voted, to forbid even an oil leasing program for ANWR. Like-minded senators include Ted Kennedy, Barbara Boxer, Dianne Feinstein, Joe Biden, Harry Reid, Robert Byrd, John Kerry and, well, you get the idea. All Democrats, and all irresponsible"

ANWR holds 10.4 Billion bbls., enough to pump 1 million bbls per day for over 30 years.   It is a fair question to ask what Democrats are planning to accomplish by prevent development of domestic oil resources other than to keep gas prices high and screw the American people.  It is also a fair question to ask what YOU use for intelligence if you think McCain, who also opposes drillling in ANWR, is any different than leading Democrats on this issue.

So who is it that is shilling for the oil companies?  McCain, or your Dem friends?  The evidence says there is no difference.

NL, can you grasp the basics of the costs involved in exploring, producing and refining that domestic oil?

Since the rights main argument against gas taxes is that corporations don't pay taxes, and they'll just pass it onto the consumer, do you really believe that American companies are going to drill for oil, and sell it at bargain prices, while absorbing all of the costs involved in getting it?

Did you believe that "liberating" Iraq was going to result in cheap gas for us, too?

Geez, you wingnuts like to type.

The evidence says that only one party has been begging for alternative energy for decades.

The reserves in places like just offshore or in Alaska's wilderness are not really that large in the whole scheme of things, it would take a generation before much of that would be available in Alaska, and the larger point is...we're going to run out of oil for mass use soon. We need to find other sources of energy.

Tell ya what, NL207.  You're so gung-ho about drilling - why don't you invite the major oil companies to drill for oil in your back yard?????

Here's the reuth about ANWR's impact on our oil supply, NL207.  This may come as a shock to you, but you've obviously been spoon-fed all the lies that the right has come up with for drilling there.  I've only posted the first few paragraphs from an 2004 MSNBC article - please follow the link, read the article, and open your mind for a change.

* * * * * * * * * * 

Study: ANWR oil would have little impact

Heavy reliance on foreign imports would continue, agency finds

updated 8:45 p.m. CT, Tues., March. 16, 2004

WASHINGTON - Opening an Alaska wildlife refuge to oil development would only slightly reduce America’s dependence on imports and would lower oil prices by less than 50 cents a barrel, according to an analysis released Tuesday by the Energy Department.

The report, issued by the Energy Information Administration, or EIA, said that if Congress gave the go-ahead to pump oil from Alaska’s Arctic National Wildlife Refuge, the crude could begin flowing by 2013 and reach a peak of 876,000 barrels a day by 2025.

But even at peak production, the EIA analysis said, the United States would still have to import two-thirds of its oil, as opposed to an expected 70 percent if the refuge’s oil remained off the market.

At the same time, the report said new Alaska production would stem the expected dramatic decline in domestic production and extend the economic life of the Alaska oil pipeline as production from other North Slope areas declined significantly.

But even the additional domestic production would not be enough to overcome increased demand, meaning continued heavy reliance on imports, the EIA said. Currently, the United States imports about 56 percent of the oil it consumes.

<more>

http://www.msnbc.msn.com/id/4542853/

It's been a couple of hours now, and no response from NL207, meaning one of the following has happened:

1. He's off somewhere plotting the next move with people like Shoes, Columbus, Another American, Proud Conservative, and Rino Hunter.

2. His mother came home and he had to log off the computer in the basement.

Andrea Mitchell, well known liberal and McCain shill.

Yeah, some lib she is, huh? ;)

Cone on...John McCain doesn't have to know that much about economics. I'm sure he has many advisers in his campaign who have protected corporate interests for years.