Investor's Business Daily calls for Pelosi's resignation

[JaJae]

The cliffs are the article is this:
Pelosi wants to empty some of our oil reserves to help gas prices come down for the upcoming elections. Investor's Business Daily says the reserves are an emergency supply and given current circumstances of supply issues (Chavez threats this week) we shouldn't be thinking about touching our small reserves for political reasons. Pelosi has shown time and time again that she has no concept of how the economy works. They call for her resignation for putting politics over the security of our nation.

Feckless To Reckless, Pelosi Should Resign

By INVESTOR'S BUSINESS DAILY | Posted Monday, July 14, 2008 4:20 PM PT

Leadership: With oil hitting $147, Nancy Pelosi finally admits energy is a problem. But instead of drilling for it, she's cooked up a new drain-the-reserves scheme. It's pure politics at a time of crisis. She ought to resign.

Any leader with an energy record as derelict as Speaker Pelosi's ought to step down. Where she once was just incompetent and irresponsible, she has now — with her latest scheme to fix oil prices — become dangerous.

Despite polls showing Americans in favor of drilling more oil from America's huge untapped supplies, Pelosi won't allow it. She just wants to empty our Strategic Petroleum Reserve for a short-term fix to get through Election Day.

It's an irresponsible suggestion, signaling not only an ignorance of how the economy works but also a willingness to place the nation at risk in the case of emergency.

Last Tuesday, Pelosi sent a letter to President Bush urging him to release a "small portion" of the nation's 706 million barrels of strategic-reserve oil to bring down prices. Regardless of how one feels about whether reserves should be held at all, two big problems stand out with Pelosi's tiny demand.

One, she's proposing a misappropriation of the reserves. The U.S. oil stockpile is a 58-day cushion for emergencies that today are all possible. If Israel attacks Iran, for example, and prices double again. Or if Hugo Chavez cuts off his supplies, as he threatened to do as recently as Sunday.

The reserve is there to cushion the blow of a market disruption; it's not an open-market mechanism to manipulate prices for political ends.

Two, Pelosi has finally admitted that supply matters, something that contrasts with her entire legislative record. We count 14 energy actions to suppress supply on her Web site just since 2005.

She has blocked efforts to open Alaska to drilling, denounced fossil fuels, blamed oil companies for high gasoline prices, voted for biotech boondoggles and condemned speculators.

"Our coasts need lasting protection from oil and gas drilling," she declared Dec. 6, 2006, after Democrats won control of Congress. Missing are any moves against petrotyrant regimes who drive prices skyward, or even lip service to the idea of ensuring supply through drilling.

Pelosi downplays her proposal as modest because it's a "small" portion of the reserves to spend. And look what happened in 2000, she says, when an SPR release authorized by President Clinton lowered gasoline prices nearly 20%.

But she's not fooling anyone. Then, like now, an election was coming up.

With Congress' public approval at a subterranean 9% and falling, the speaker must be starting to realize that November may not be the Democratic cakewalk that pundits predict.

President Bush, however, isn't about to be suckered into releasing the reserves just long enough for pump prices to fall by Election Day, thereby saving Democrats' skins so they can carry on their drill-nothingism for an additional two years.

The president needs to do two things with Pelosi's proposal: First, tell her "no," unless she comes up with a plan to open up more drilling. Second, expose it for what it is — a bid to paint Bush as the problem to distract from her own sorry record.

In playing politics with the Strategic Petroleum Reserve, the speaker has moved beyond the incompetence and irresponsibility that have characterized her leadership to date.

It borders on reckless, something we cannot tolerate in such dangerous times.

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Feckless To Reckless, Pelosi Should Resign

[WickedLou9]

Yeah I don't think we should touch that either. If we released some oil the price would only change momentarily and then go right back up again. no thanks. That oil is for emergencies, like if a hurricane hits the gulf coast again and our supply gets interupted.
Right now we are well supplied. In fact gasoline stocks are growing because people have cut back on thier driving. We don't need MORE oil, we need cheaper oil.

[7960]

pelosi is a hack. she was a horrible choice for speaker.

[Ardentfrost]

Not only is it an election year, but Congress is just about the only thing with a lower approval level than GWB. I think the Taliban has a higher approval rating than Congress.

[kombayn]

I can't stand Nancy Pelosi. She was a horrible choice for Speaker of the House. Someone should just tell her to shut-up and pack her shit because she's getting booted after the General Election.

[Donkey®]

With Hillary and Al Gore out of the spotlight it's time to pick another target...oh yes...Pelosi.

[7960]

Originally Posted by Donkey®

With Hillary and Al Gore out of the spotlight it's time to pick another target...oh yes...Pelosi.

with gore and hillary gone it's time to pick another democrat to say walks on water....oh yes... pelosi

[JaJae]

Originally Posted by Donkey®

With Hillary and Al Gore out of the spotlight it's time to pick another target...oh yes...Pelosi.

I'm not the one putting her in the news. And I wish Hillary and Gore would be out of the spotlight.

Oil prices is the largest political issue right now in America. Polls have shown the majority of Americans want us to drill. And Blue Dog Democrats are open to the idea since their communities want them to drill. Pelosi and her radical ilk are the ones holding it back. Democrats are sneaking around behind her back trying to make compromises with Republicans to allow us to drill. But she is leading the cause to prevent the votes.

But Representative John Boehner of Ohio, the Republican leader who is escorting a delegation to the Arctic National Wildlife Refuge this weekend, said the Democratic approach was woefully insufficient. He said Pelosi, in insisting on preserving the drilling ban, was putting Democrats in the cross hairs of voters furious about gas prices.

"I think Speaker Pelosi is walking her Blue Dogs and other vulnerable Democrats off a cliff and they know it," said Boehner, referring to the coalition of Democrats representing more conservative districts.

He accused the speaker of using procedural maneuvers to thwart votes on expanded drilling, a position he said would prevail if the moment arrived. "Harry Reid and Nancy Pelosi are standing in the way of what the American people want," Boehner said.

In both the House and Senate, small groups of Democrats have begun meeting informally with Republicans to try to come up with a bipartisan response to soaring oil prices; opening up new areas to drilling is part of the mix. Leaders of the Blue Dog coalition are openly pressing for drilling in the Arctic refuge and elsewhere.

Pelosi stands firm against offshore drilling - International Herald Tribune

Democrats want to drill. Republicans want to drill. Americans want to drill. The radical Democratic leaders are preventing it.

[WickedLou9]

IMO this should be left to the states. If Virgina wants to allow drilling off the Virginia coast, fine. If CA doesn't want to allow it. fine.

[7960]

Originally Posted by WickedLou9

IMO this should be left to the states. If Virgina wants to allow drilling off the Virginia coast, fine. If CA doesn't want to allow it. fine.

leave drilling to the states but not same-sex marriage?

[Donkey®]

Originally Posted by 7960

with gore and hillary gone it's time to pick another democrat to say walks on water....oh yes... pelosi

I'd love to see a post, blog or video of someone claiming Hillary or Gore "walks on water."

[Donkey®]

Originally Posted by JaJae

Democrats want to drill. Republicans want to drill. Americans want to drill. The radical Democratic leaders are preventing it.

In this situation...this subject...drilling is the incorrect position to take. Drilling will make absolutely ZERO difference in the price of anything within the next 50 years. Why drill if there's no real point to it? You don't advise a crackhead to just go grow the cocaine himself when his dealer raises the price on him.

[JaJae]

Originally Posted by Donkey®

In this situation...this subject...drilling is the incorrect position to take. Drilling will make absolutely ZERO difference in the price of anything within the next 50 years. Why drill if there's no real point to it? You don't advise a crackhead to just go grow the cocaine himself when his dealer raises the price on him.

This is all your opinion. The majority of Americans and their elected officials have another opinion. Agreeing with the position doesn't make the behavior acceptable.

[7960]

Originally Posted by Donkey®

Guess you should have thought about that before your stupid-assed remark.

in a thread "Investor's Business Daily calls for Pelosi's resignation"

I said "pelosi is a hack"

YOU brought up gore and clinton.





who made the stupid ass remark?

[Donkey®]

Originally Posted by JaJae

This is all your opinion. The majority of Americans and their elected officials have another opinion. Agreeing with the position doesn't make the behavior acceptable.

The majority of Americans and their elected officials are morons then.

[Donkey®]

Originally Posted by 7960

in a thread "Investor's Business Daily calls for Pelosi's resignation"

I said "pelosi is a hack"

YOU brought up gore and clinton.





who made the stupid ass remark?

Your comment was directed at me or another person on this forum...which is not supposed to be done, right?

[7960]

Originally Posted by Donkey®

Your comment was directed at me or another person on this forum...

is your (or his) name Pelosi?

then I have to disagree.

[Donkey®]

Originally Posted by 7960

is your (or his) name Pelosi?

then I have to disagree.

That wasn't the intent of your comment and you know it. But keep going.

[JaJae]

Let's drop it please.