5
LEFT TURN/RIGHT TURN
Mountain Views News Saturday, April 14, 2012
HOWARD Hays As I See It
A Failing U.S. Energy Policy
Threatens The World
President Obama has made it abundantly clear in his speeches
that he believes the U.S. should take a lesser role in world affairs and
that he believes the U.S. can survive by basing its economy primarily
on renewable and clean energy sources. In pursuit of these fantasies,
this president has crafted an energy policy which is in the process
of critically weakening the U.S. and threatening the stability of the
world.
Whether it’s solar, wind, or fill-in-the-blank, so long as it’s not oil
or coal, this president stands ready to bet the house on the ability of
these green energy sources to power all that we do in this country.
That opinion stands in stark contrast to energy-hungry and militarily expansive China,
which is equally clear in its belief that oil will be the predominant energy source of the
future for quite some time.
U.S. energy policy’s predominant goal has clearly been a reduction in U.S. energy
production. Since the Deepwater Horizon oil spill, this administration has effectively shut
down new oil exploration in the Gulf of Mexico. Upon taking office, Obama quipped to
a coal industry lobbyist: good luck getting another coal-fired energy plant approved. The
vast promise of huge energy pools in our tar sands and shale are being bottled up by federal
regulators. Roughly 95% of federal onshore land and offshore areas remain off-limits
to energy exploration. The Keystone XL pipeline project has affectively been effectively
blocked from bringing any oil into the U.S. In summary, domestic oil production has hit a
40-year low, we sit atop an approximate 200-year supply of oil, and we are becoming more
dependent on foreign oil at the very time when our economic competitors are increasing
their access to energy supplies.
Chinese energy policy is focused on locking up energy sources wherever they may be
found. China has begun exploration off the Cuban coast, less than 70 miles from U.S.
waters. They are drilling in the Gulf in 6,000 feet of water. The much hated Deepwater
Horizon rig was drilling in 5,500 feet of water. Some estimates project that the Cuban
basin oil pool contains 9 billion barrels of oil and 22 trillion cubic feet of natural gas.
China has provided its domestic energy companies with exploration subsidies 6 times
larger than what we do for our domestic companies. With Chinese funding, India’s oil
production is projected to increase 20% over the next 2 years. The Chinese oil company,
PetroChina, just became the largest producer of oil in the world, surpassing for the first
time Exxon Mobil. PetroChina’s production increased 3% while Exxon Mobil’s declined
by 5%.
The Chinese have also sensed our disinterest in Canadian reserves, and have moved in
to the position we are abandoning. The Chinese are funding two pipelines which will bring
oil and natural gas across Canada to Pacific ports, where it will be shipped to China.
The contrast between the Chinese and U.S. approach unmistakably points to a concerted
effort on the part of this administration to weaken the strategic and economic posture of
the U.S. vis a vis our primary competitor on the world stage. We don’t live in a Pollyannaish
world where all countries are committed to democracy, freedom, human rights and the
respect of national borders. We live in a world with some pretty nasty players, like China,
who will take every opportunity to surpass us economically and militarily and then use
that advantage to pressure us into more accommodating policies.
Think this can’t happen? Remember that not too long ago Russia pressured western
European politics with just the hint that the westward leading oil pipelines from the
Ukraine could be turned off. The Chinese realize that modern economies and modern
militaries run on energy. Oil is black gold, and whoever owns the gold makes the rules.
Unless this administration changes its ways, or we change this administration, we’re not
going to like living under the new rules.
Gregory J. Welborn is an independent opinion columnist. He writes and speaks frequently
on political, economic and social issues. His columns have appeared in publications such
as The Los Angeles Daily News, The Orange County Register, The Wall Street Journal and
USA Today. He can be reached at gwelborn@mvobserver.com.
“An ounce of performance is worth pounds of promises.”
- Mae West
“I›ve been looking at some video clips on YouTube of President Obama - then
candidate Obama - going through Iowa making promises. The gap between his
promises and his performance is the largest I›ve seen, well, since the Kardashian
wedding and the promise of ‹til death do we part. “
- Mitt Romney
If I had to choose between the two and cast my vote right now, there’d be no
contest: Mae West was infinitely better at delivering lines than Mitt Romney. But
the issue the presumptive Republican nominee will be harping on is not delivery of lines, but delivery
on promises.
It’s assumed few voters remember what promises were actually made, or keep track of how many
were kept. The PolitiFact website of the Tampa Bay Times researched its own list of campaign
promises made by candidate Barack Obama, and how many were subsequently kept by the president.
The list includes:
Promise to increase minority access to capital; promise kept through the American Recovery and
Reinvestment Act, with the S.B.A. providing $14.7 billion in loans primarily to rural firms and those
run by women, minorities and veterans.
Promise to halt predatory credit card practices and establish a “credit card bill of rights”; promise
kept with legislation to ensure transparency and clarity in agreements, and halt practices designed to
keep consumers in perpetual debt.
Promise to close the “doughnut hole” in Medicare prescription coverage; promise kept through the
Affordable Care Act, with 3.6 million seniors having saved $2.1 billion on prescription drugs in 2011,
and the “doughnut hole” set to disappear by 2020.
Promise to require insurers to cover pre-existing conditions, and to help low-income Americans
afford insurance; promise kept through the A.C.A. (PolitiFact reminds that until the Supreme Court
decides otherwise, the A.C.A. is now the law – so it rates as “Promise Kept”.)
Promise to sign legislation, twice vetoed by President Bush, expanding the SCHIP program of
health insurance for children from low-income families; promise kept two weeks after taking office.
Promise to fully fund the Veterans Administration, add mental health professionals, locate more
V.A. centers in rural areas and help homeless vets; promise kept with legislation enacted for 2010
– along with programs at the Dept. of Labor to help wounded vets and others with disabilities find
employment and transition from disability payments to paychecks.
Promise to appoint a special advisor and fully fund the Violence Against Women Act; promise kept
by the end of his first year with advisor named and funds appropriated through the Dept of Justice to
assist victims of domestic violence and sexual assault.
Promise to end the war in Iraq: On the president’s first full day in office, military leaders were told
their new mission was to bring the war to an end. During the campaign, he said troops would be out
in 16 months. His second month in office, he set the deadline at August 31, 2010 – which was more
like 19 months, but it was a promise kept.
Promise to support increasing the size of the Army and Marines, along with Special Ops and Civil
Affairs. Keeping this promise helped the president keep another promise, that of extending troops’
time at home between deployments and ending the “stop-loss” program of forcing troops to stay
beyond their commitments. Last June, Defense Sec. Robert Gates announced that “stop-loss” had
ended – another promise kept.
Promise to end the practice of keeping war funding off-the-books in supplemental budget measures,
allowing it to bypass appropriate oversight. Aside from a supplemental measure to fund the troop
surge in Afghanistan, the promise was kept as war funding returned to the regular budget for 2010.
Promise to end torture; promise kept through an executive order signed two days after taking office.
Promise to reduce the threat from nuclear stockpiles; promise kept through Senate ratification of
SALT-I, the first major arms treaty with Russia in eight years.
Promise to keep on working with other nations on non-proliferation, and expand federal programs
to track biological weapons.
Promise to compile information on lobbying, ethics and campaign finance in a single searchable
database; promise kept last week with the unveiling of “ethics.gov”.
Promise to reverse President Bush’s efforts to prevent the timely release of presidential records;
promise kept by executive order his first day in office.
Promise to support pre-school education and child care “to ease the burden on working families”;
promise kept through funding in the February 2009 stimulus bill and Early Learning Challenge grants
from the Dept. of Education.
Promise to save $6 billion a year by ending government subsidies to private student lenders;
promise kept with legislation saving $68 billion over eleven years, with half that going to expand Pell
grants helping low-income students attend college.
Promise to repeal “Don’t Ask, Don’t Tell” policy in the military; promise kept as the policy officially
ended in September, 2011.
Promise to enact rules to “restore accountability and responsibility” to financial markets; promise
kept with the July 2010 signing of the financial reform law, providing for a Consumer Financial
Protection Bureau, rules on mortgage lending, increased oversight over hedge funds and derivatives
trading, and protections against “too big to fail” companies threatening the entire economy without
massive taxpayer bailouts.
“Over the years, I’ve repeatedly made clear that we would take action within Pakistan if we knew
where bin Laden was. That is what we’ve done.” President Obama announced in May of 2011 that
another promise had been kept.
In the months to come, Mitt Romney and surrogates will try saddle the president with a poor
record in keeping campaign promises, but there will be plenty of others who’ll gladly set the record
straight. That’s a promise.
CLIFF SCHECTER
ROMNEY: DOWN & PRETTY CLOSE TO
OUT IN GRAND CAYMAN
MY FATHER’S
1959 TAX
RETURN
I stumbled upon my father’s
1959 income tax return a few
years ago. How I long for the
simplicity he enjoyed when
he filed that year’s taxes.
For 1959, my father paid a
measly 5 percent in federal
taxes, even though his name
wasn’t Rockefeller.
How did he do it? It was
easy. For a year when the
top income tax rate was 91
percent -- President Kennedy
would slash rates a few years
later -- deductions were many.
Even middle-class people
like my dad enjoyed their fair
share of perks.
He was a heavy smoker then
-- who wasn’t? -- and was
able to deduct every penny he
paid in cigarette taxes.
He was able to deduct every
penny he paid in gasoline
taxes. If we had such a perk
now, the federal government
would go broke (that is, more
broke than it is now).
And he was able to deduct
every penny he paid in state
sales tax in Pennsylvania,
another wonderful perk
that would save the average
Pennsylvanian a boatload in
federal taxes every year.
He took a $600 tax deduction
for each of his two dependents,
my sisters Kathy and Krissy --
a lot of dough relative to his
income.
For 2011, the deduction for
each dependent is $3,750.
On paper that is six times
what my father got in 1959
-- but if properly adjusted for
inflation it would be about
$5,000 today.
Here’s one that grabbed my
attention: In 1959, he paid
only 2.5 percent of his income
toward FICA (then, Social
Security; now, Social Security,
Medicare and Medicaid).
Now, aside from a temporary
2-percentage-point FICA tax
break, the average employee
pays 7.65 percent and his or
her employer kicks in another
7.65 percent.
I, being self-employed, have
the pleasure of paying the full
15.3 percent myself. Despite
the 2-percentage-point break
for 2011, I will write out a
sizable check to bring current
the more than $12,000 in
FICA contributions I am on
the hook for.
In any event, my father
had his fair share of simple
deductions in 1959, which
helped offset his federal taxes.
That helped him keep his total
federal tax tab at a measly 5
percent.
Better yet, his tax form was
one sheet of paper printed
on both sides. He had no
calculator, nor did he need
one.
He did a test run in pencil on
one copy of the form, then
finalized a second in ink and
mailed it in; he always got a
refund.
Which is why I long for the
simplicity he enjoyed back
then.
In 1959, the federal tax code
was about 15,000 pages.
Today, it is more than 70,000
pages.
Unlike my father, who was
able to calculate his taxes
quickly, I spend days getting
mine in order, so I can hand
them off to my CPA, so he can
tell me I owe lots more than I
feared I would.
This year, after all my
deductions for business
and pain and suffering --
including the agitations of
owning a few rental properties
and investing a boat load of
dough renovating one -- I will
pay about 25 percent of my
gross income in federal, state
and local taxes.
I consider myself extremely
lucky at that rate.
Still, as April 17 approaches
(April 15’s on a Sunday this
year), I look back fondly on
1959. I didn’t pay a dime in
taxes that year. I didn’t waste
a moment getting hundreds
of receipts in order and
panicking when my CPA told
me what I owed.
I wasn’t born until 1962.
©2012 Tom Purcell. Tom
Purcell, a freelance writer
is also a humor columnist
for the Pittsburgh Tribune-
Review.
TOM Purcell
Rick
Santorum has
finally sauntered
off the big stage,
leaving him with
plenty of time
to lament the
length of high
school girls’
skirts and bark at
the moon about
its nocturnal
promiscuity.
So you’d think it
would be high
times for Team Romney, right? Think again.
What once seemed like the GOP’s race to lose,
or at the very least a spirited general election
contest, has become a deconstruction and
defenestration of Mitt Romney and what
remains of his party’s brand. To put it in Yogi-
Berra parlance, for the Romney Campaign,
“it got late early out there.”
Sure Santorum is technically gone, but
he’ll be with Romney for the rest of this
race. Every time the former Massachusetts
Governor has to answer to an independently-
inclined woman in the Milwaukee or
Philadelphia suburbs about why he’d “get
rid” of Planned Parenthood,” or explain to a
Latino family in Las Vegas or Phoenix why
he’d “veto” the Dream Act, the ever-cherubic
apparition of a sweater-vest-clad Santorum
will be smiling gaily over his shoulder.
There is no doubt some things are beyond
Romney’s control. The falling unemployment
rate. The Dow’s hitting and now hovering
around 13,000. The delay in creating those
3 jobs building that car elevator thingy
that takes you between the garage and the
stadium-sized basement in Romney’s 3rd
house (and favorite structure not located
in the Grand Caymans). These were all
unexpected.
But not putting Santorum away early while
outspending him like 9:1, so that the social-
issue firebrand could stick around and pull
the primary so far right Attila the Hun would
have been a moderate? Mitt has only himself
and his severely marvelous personality to
blame for that.
The end result–Romney is so unpopular
right now that if his dog Seamus were still
around, he might put Romney in the dog
kennel on top of the car.
According to CNN polling, the former
governor will be the only presidential
candidate since 1996 to exit the primaries
with a net negative approval rating.
If you want the thumbnail sketch, just take
a look at North Carolina. This is a state
President Obama barely won in 2008,
bringing it into swing state territory for the
first time in a generation of electing right-
winger Jesse Helms to the Senate consistently.
Changing demographics have moved the
state to the Left, no doubt, but going into this
election most observers would call it a lean-
Republican state if they were being honest.
Yet, at this point, Obama is up 5 points, 49
percent to 44 percent. And the internals of
a Public Policy Polling survey tells the story
of how badly Romney is doing. This man
who seems like he has been running for
President since the Ford Administration,
is only viewed positively by 29 percent of
voters in the Tar Heel State, with a whopping
58 percent viewing him unfavorably.
Basically, he’d have to make a pretty steep
climb north just to reach the favorability
level of Kanye West or encephalitis.
It is not over yet for Romney, as there are
many unpredictable things that can happen
in life and politics (think terrorist attack,
economic crash, or perhaps mass hypnosis
of American voters). But one thing is for
sure–he’d better start Etch A Sketching. Stat.
Cliff Schecter is the President of Libertas, LLC, a
progressive public relations firm, and the author
of the 2008 bestseller “The Real McCain.” Email
Cliff at cliffschecter@gmail.com.
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