Obama’s spending spree
The DC Examiner editorial lays out some of Obama’s spending wish list:
http://www.dcexaminer.com/opinion/The_Coming_Obama_Spending_Explosion.html
I especially like Obama’s own Global Poverty Act that would commit $845 billion in new foreign aid through 2015, by handing over your money to the United Nations.
Obama has another bill, safely hidden in committee at present, which would PROHIBIT the federal government from using 3-D and 4-D technology to estimate our oil and gas reserves. You think he’s protecting the public from same untested, worthless method? Not exactly. He wants to force the feds to use the same technology which the oil and gas producers used many years ago, and brought in about 1 well out of every 10 drilled in a good year. The 3-D technology allows them to bring in 5 wells for every 10, and the newest, 4-D, brings in 7 out of 10.
Obama doesn’t want you to know the true extent of our domestic reserves, lest you accuse him of being a bald-faced liar for saying we have “only 3% of the world’s reserves, but use 25% of them.” The 3% figure omits the Bakken fields, the Artic National Wildlife Reserve, all of the shale oil in the West, coastal Alaska — well, you get the idea.
And despite his claim to love clean coal technology, he has no intention of actually allowing it to be used, so Joe Biden was actually right about that. We have the world’s largest coal reserves, and haven’t once done what the Germans did for years – remove entire towns in order to mine the coal beneath them.
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