McCain Chooses Big Oil Over American Families For Gas Price Relief

Robert L. Borosage: The Audacity of Contempt at (Huffington Post) - "Exxon reports a new record in the history of corporatedom. So Barack Obama suggests that we provide every American with a $1000 tax rebate to help pay for rising prices, paid for by levying an excess profits tax on the oil companies. What does the maverick battler of big oil say? No way. McCain angrily dismisses the idea, saying that it would lead the oil companies to reduce their drilling in the US -- but this is based upon what might generously be called a big lie. . . McCain's not about to support a tax on the big oil companies whose executives are helping to fund his campaign. But that won't stop him from selling himself as a maverick promising to "battle Big Oil." If nothing else, he has the audacity of contempt for the very voters he needs to win." Read the full editorial

Republican incumbent for the U.S. 3rd Texas Congressional District, Sam Johnson, age 78, Republican incumbent for the U.S. 4th Texas Congressional District, Ralph Hall, age 85, and Republican incumbent Senator John Cornyn all stand with Republican presidential candidate Senator John McCain, age 72, on the issue of continuing big federal tax breaks (gifts) to big oil even as big oil rakes in new record highs in corporate profits quarter after quarter from struggling American families! (See- Big Oil's biggest quarter ever: $51.5B in all)

In addition to calling for a excess profits tax on big oil companies, Barack Obama proposed Monday that President Bush, if he is truly interested in immediate gas price relief, immediately sign an executive order to sell 70 million barrels of oil from the government operated strategic petroleum stockpile. This immediate supply of crude oil into the oil markets could serve to break the back of speculative commodity traders who many believe are responsible for as much as 50% of the price increase to $4 per gallon of gasoline Americans are paying to big oil companies.

The so-called "Enron Loophole" was created and attached to U.S. Senate legislation in December 2000 by McCain's former campaign co-chair Senator Phil Gramm at the behest of Enron executives. It was this "loop hole legislation" that Enron exploited to speculatively manipulate electricity commodity trading in California energy markets in the summer of 2001, spawning artificial electricity shortages, steep climbs in electricity prices and rolling brownouts across California. It is this legislation that continues to allow unbridled and unregulated oil and gas commodity trading that has propelled gasoline price increases by as much as an additional 50 percent since mid-2007. Republicans in the Senate recently blocked legislation offered by Senate Democrats that would have closed the so-called "Enron Loophole."

NYTimes: GOP Drops While Dem Voter Rolls Grow Across U.S.

NYTimes.com, "Well before Senators Barack Obama and John McCain rose to the top of their parties, a partisan shift was under way at the local and state level. For more than three years starting in 2005, there has been a reduction in the number of voters who register with the Republican Party and a rise among voters who affiliate with Democrats and, almost as often, with no party at all.

Voting experts say the registration numbers may signal the beginning of a move away from Republicans that could affect local, state and national politics over several election cycles. In several states Democrats have surprised their own party officials with significant gains in registration." Read the Full Story

This is a trend that has also been observed in traditionally Republican Collin County. During the 2008 Democratic Primary more people voted on the Democratic Primary Ballot than voted for John Kerry (68,935 votes for Kerry) in the 2004 Presidential general election. More than 20,000 people attended the Democratic Party's 2008 Precinct Conventions on March 4th all across Collin County and approximately 4,000 people attended the Democratic Party's 2008 County Convention in Collin County.

There are likely several factors that explain this progressive shift in Collin County. Part of the shift may be explained by Republicans loosing faith in their party leaders. More than half of Republican voters now believe that their Republican leaders, who have controlled America's direction for more than eight years, have taken the country down the wrong track (55%), up from 51% in June, according to a July 2008 Reuters/Zogby national poll of likely voters.

Another part of the shift may be explained by the dramatic population growth across Collin County and the voter demographic shift such growth engenders.

Collin County Historical Populations
Census	Pop.	%±
2008~	758,500	+8.5%
2006*	698,851	+11%
2004*	625,000	+27%
2000	491,675	+86.2%
1990	264,036	+82.6%
* - Estimated ~ - Projected

The county's population in 2006 was estimated at 698,851 with a near 50-50 split of males and females. The median age was 33.7 years, slightly younger than the U.S. average. The county's population in 2006 was a near 50-50 split of males and females and the median age was 33.7 years, slightly younger than the U.S. average. The education level of the county's 2006 workforce was almost double (47 percent) Texas and U.S. averages, with almost half of those age 25 and older possessing bachelors or advanced degrees. From 2000-2006, about 43,000 workers holding bachelor's degrees and 23,000 workers holding higher degrees moved to Collin County. (The current trend has been that younger voters and voters holding college degrees tend to hold more progressive views. . .) The 2006 demographic breakdown by age was:

• 28.70% under the age of 18,
• 7.40% from 18 to 24,
• 37.90% from 25 to 44,
• 20.70% from 45 to 64, and
• 5.30% who were 65 years of age or older.

Of the projected population of 758,500 people for 2008, approximately 540,810 people will be of voting age on election day. Approximately 380,000 people are currently registered to vote in Collin County, so that leaves as many as approximately 160,810 unregistered potential voters. Even if one assumes that 10% of this number are not U.S. citizens, and therefore are not eligible to vote, there are still up to 144,729 unregistered potential voters. Likely a large percentage the unregistered voters are between 18 and 33 years of age -- the age group most open to the progressive message.

From now and until election day all the Democratic Groups around Collin County will be busy registering new voters and campaigning for the party's local and national candidates. Then, starting on the first day of early voting on October 20th and continuing all the way through to the closing minutes of voting on Election Day November 4th all the Democratic Groups will be busy getting people out to vote.

The Democratic Candidates who will appear on Collin County ballots this fall need your help -- They MUST have your help to win here in traditionally Republican Red Collin County!!

PLEASE contact you neighborhood Obama campaign organizer, the Democratic Party of Collin County, the Texas Democratic Women of Collin County, any of the local Democratic candidates' campaign organizations or any of the other Democratic groups active here in Collin County. Look in the left-hand sidebar of this blog page to find all of the Democratic candidates (see - Democratic Candidates '08) running for office in Collin County that need your help.

PLEASE VOLUNTEER to help Get Out The Vote (GOTV) in this "Change'08" election year!!

Possible that Obama Leads By 100+ Electoral Votes

Huffington Post, "Despite Media Narrative, Obama Leads By Over 100 Electoral Votes According To Independent Groups. It's quite instructive to see how the independent groups (and even right-leaning ones) currently see the state of the race through the only prism that matters -- the Electoral College."

Obama McCain Margin Real Clear Politics 322 216 Obama +106 Electoral-Vote.com 316 209 Obama +107 FiveThirtyEight.com 303 235 Obama + 68 Pollster.com 284 147 Obama +137 ----------- ----------- ----------------- AVERAGE 306 202 Obama +104

Read the full Huffington Post Posting

WaPo Blog: Swift Boat Veterans Take Aim At Obama

Washington Post Blog, "Just as they sought to destroy John Kerry in 2004, the founders of the Swift Boat Veterans for Truth group are aiming their guns at this season's presumptive Democratic presidential candidate. But unlike four years ago, when the Swifties spent millions to discredit Kerry, their hit on Barack Obama so far hasn't cost them a dime.

The opening assault came over the weekend in the form of a mass email to would-be sympathizers. "As liberal as Kerry was, America faces an even more liberal threat today: Barack Obama," wrote John O'Neill, a founder of the Swift Boat Veterans for Truth who co-authored the book "Unfit for Command," the attack (or smear) on Kerry's Vietnam War record."

Read the rest of the story

West Texas Wind Turbines

Giant wind turbines are not uncommon in the wide open West Texas plains. But there's a big problem getting that electricity out to the big cities like Dallas and Houston.
Listen to this Marketplace Radio Report:

Tom Daley, Democratic candidate for the U.S. 3rd Texas Congressional District, age 44, and Glenn Melançon Democratic candidate for the U.S. 4th Texas Congressional District, age 42, do understand the dramatic revolution to American industry, white and blue collar job availability and personal life style that 21st century clean alternative energy technologies can bring to a 21st century America and Texas. Both Democratic congressional candidates, whose districts meet down the middle of Collin County, stand with U.S. Senate Democratic Candidate for Texas, Rick Noriega, and the Democratic Presidential candidate, Barack Obama, for the deployment of clean alternative energy technologies for a better America and a better Texas.

American Tax Payers Paying the Price for Republican's Zeal to Deregulate

Immediately after Republicans eliminated the regulatory guidelines of prudent banking practices, unscrupulous home mortgage lenders were free to unfairly prey on both American home buyers and securities investors. Mortgage lenders were free to aggressively market risky sub-prime home mortgages to unsuspecting home buyers and then speculatively trade those risky sub-prime loans in securities markets to such unrestrained levels that the U.S. Federal Reserve and FDIC are now forced into government bailouts of banks and private securities companies to avert economic disaster.

The U.S. Federal Reserve and FDIC were forced into such a Federal bailouts of Bear Stearns in March 2008 and IndyMac Bank in California in July 2008 over these risky sub-prime mortgage loan trading practices. The depth of sub-prime mortgage loan risks to the U.S. economy are yet unfolding with thousands more American homeowners losing their homes every month through foreclosure.

Republicans would rather allow banks and brokers to take unmitigated and unregulated risks, to profit the few, and then socialize the bailout cost of those "too big to fail" by adding the rotten fruits of their bad decisions onto the public debt.

The United States is in the second inning of a recession that will last for at least 18 months and help kill off hundreds of banks, influential economist and New York University Professor Nouriel Roubini recently told Barron's in an interview.

Taxpayers will pay a big price for helping bail out the rest of the financial services industry as well, Roubini said; likely in excess of $1 trillion and possibly closer to $2 trillion. The banks will become insolvent because of mounting losses as a result of the housing bust and because they have only written down their sub-prime loans so far, he said. Still in front of them are their consumer-credit losses, for which they lack the reserves, Barron's reported. He also said there are hundreds of millions of dollars outstanding in home-equity loans that could be worth zero, too.

Democrats favor legislation that will restore the federal banking regulatory authority that the Republicans discarded in their zeal to eliminate any and all protective government oversight in every quarter of American financing and commerce.

Read RawStory's article, "Expert on bailouts: Bank regulators should investigate themselves" for additional background.

WaPo: GOP Tries To Scare New Voters Away From the Polls

The Washington Post - Editorial Section, "In Virgina, as in other states, loads of first-time voters are registering to cast ballots in the fall elections . . . As registration drives accelerate, including those run by the Barack Obama campaign and its allies, it's no wonder that Republicans are increasingly anxious about retaining their hold on a state that GOP presidential candidates have carried since 1968. What is surprising is their utterly baseless charge of "coordinated and widespread voter fraud" . . . The allegation of a "very serious and troubling trend" of registration fraud is unsupported by election officials, police or prosecutors. It is couched in the toxic language of gauzy innuendo, insidious suggestion and simple fear." Read the rest of the story in the WaPo.

House Republicans On Floor Of Empty Chamber in Drill More Holes Push

RawStory.com - Read the full story

Excerpts from RawStory:

While most of their colleagues in the House of Representatives had already gone home for a five-week break Monday, a group of House Republicans returned to the floor of the adjourned chamber to demand that Congress open more of the nation's coastlines to oil drilling. Following a dramatic demonstration last Friday, in which GOP lawmakers refused to leave the House floor after a vote to adjourn for Congress's annual August recess, several conservative Republicans returned to the Capitol to continue their demonstration. "What you are about to witness is the beginning of a sustained effort to demand that Speaker Pelosi bring this Congress back to Washington DC and give us an up-or-down vote on an energy bill that includes more access to American oil," said Rep. Mike Pence (R-IN) during a brief press conference before the lawmakers stormed the floor. Left out of their criticism Monday morning was another prominent politician who has the power to order Congress back to Washington: Republican President George W. Bush.

It will take more than ten years for drilling new oil wells in the Arctic National Wildlife Refuge in Alaska and in off shore locations to drop prices by perhaps as much as a few cents per gal.

On the other hand, while Republicans pontificated in an empty House chamber to gin up an election year political diversion, Barack Obama proposed Monday that the government sell 70 million barrels of oil from its strategic petroleum stockpile. This immediate supply of crude oil into the oil markets could serve to break the back of speculative commodity traders who many believe are responsible for as much as 50% of the price increase to $4 per gallon of gasoline Americans are paying to big oil companies. (Big Oil's biggest quarter ever: $51.5B in all)

The so-called "Enron Loophole" was created and attached to U.S. Senate legislation in December 2000 by McCain's former campaign co-chair Senator Phil Gramm at the behest of Enron executives. It was this "loop hole legislation" that Enron exploited to speculatively manipulate electricity commodity trading in California energy markets in the summer of 2001, spawning artificial electricity shortages, steep climbs in electricity prices and rolling brownouts across California. It is this legislation that continues to allow unbridled and unregulated oil and gas commodity trading that has propelled gasoline price increases by as much as an additional 50 percent since mid-2007. Republicans in the Senate recently blocked legislation offered by Senate Democrats that would have closed the so-called "Enron Loophole."

Should Voters Consider the Technology Awareness of 21st Century Candidates?

Should the computing habits of today's Presidential, Senatorial and Congressional candidates have any bearing at all on the candidate's credentials as voters decide which candidate they should elect on November 4, 2008? Here are a few considerations given in an article that discusses John McCain's lack knowledge on the 21st century computing and Internet tools that are already used by 73 percent of all American adults and an even higher percentage of young adults and teens. Excerpts from a New York Times article titled, "McCain, the Analog Candidate."

"“We’re not asking for a president to answer his own e-mail,” said Paul Saffo, a Silicon Valley futurist who teaches at Stanford. “We’re asking for a president who understands the context of what e-mail [and blog] means.” The [candidate's] “user experience,” Mr. Saffo said, brings with it an implicit understanding of how the country lives, and where it might be heading. As Mr. McCain would lack this, he would also be deficient in this broader appreciation for how technology affects lives [and the American economy.] Computers have become something of a cultural marker — in politics and in the real world. Proficiency with them suggests a basic familiarity with the day-to-day experience of most Americans [and American businesses] — just as ignorance to them can suggest someone is “out of touch,” or “old.” “There’s a certain tempo to the thinking of someone who [understands and] uses all kinds of new [technology] media,” said Mr. Saffo, who said he would anoint Mr. Obama, if elected, “the first cybergenic president,” just as John F. Kennedy was considered the first telegenic president."

There is, perhaps, more to this story than just using and understanding personal computers and Internet technology in the 21st century. Incumbents that have not kept up with the times likely do not understand other 21st century technologies that have the potential to benefit Americans and the American economy.

Case in point is the myriad of 21st century alternative energy technologies that stand poised to revolutionize how Americans, and the rest of the world, generate and use energy.

Republican incumbent for the U.S. 3rd Texas Congressional District, Sam Johnson, age 78, Republican incumbent for the U.S. 4th Texas Congressional District, Ralph Hall, age 85, Republican incumbent Senator John Cornyn and Republican presidential candidate Senator John McCain, age 72, all advocate drilling more oil well holes in the ground and coastal areas as America’s primary energy strategy.

All these Republican incumbents also downplay the impact that alternative energy technologies can bring to American and Texas. Do the Republicans advocate drilling more oil well holes because drilling holes in the ground is the most advanced technology they understand? Or, is it something else? Multiple oil company executives did give huge contributions to Senator McCain's campaign just days after his offshore drilling change of heart. (Until very recently Senator McCain was against offshore drilling.)

T. Boone Pickens may be an old Republican, he is sounding awfully like a younger generation Democrat these days. Watch his T. Boone's TV ad:


Younger candidates such as Tom Daley, Democratic candidate for the U.S. 3rd Texas Congressional District, age 44, and Glenn Melançon Democratic candidate for the U.S. 4th Texas Congressional District, age 42, do understand and do use personal computers and the Internet in the course of their daily lives and to support their respective congressional campaigns.

Both Democratic congressional candidates do understand the dramatic revolution to American industry, white and blue collar job availability and personal life style that 21st century clean alternative energy technologies can bring to a 21st century America. Both Democratic congressional candidates, whose districts meet down the middle of Collin County, stand with U.S. Senate Democratic Candidate for Texas, Rick Noriega, and the Democratic Presidential candidate, Barack Obama, for the deployment of clean alternative energy technologies for a better America and a better Texas.

Scientists Mimic Plants' Photosynthesis Energy Production & Storage System

ScienceDaily (Aug. 1, 2008) — In a revolutionary leap that could transform solar power from a marginal, boutique alternative into a mainstream energy source, MIT researchers have overcome a major barrier to large-scale solar power: storing energy for use when the sun doesn't shine. Excerpts from the ScienceDaily Article:

"Until now, solar power has been a daytime-only energy source, because storing extra solar energy for later use is prohibitively expensive and grossly inefficient. With today's announcement, MIT researchers have hit upon a simple, inexpensive, highly efficient process for storing solar energy. Requiring nothing but abundant, non-toxic natural materials, this discovery could unlock the most potent, carbon-free energy source of all: the sun. "This is the nirvana of what we've been talking about for years," said MIT's Daniel Nocera, the Henry Dreyfus Professor of Energy at MIT and senior author of a paper describing the work in the July 31 issue of Science. "Solar power has always been a limited, far-off solution. Now we can seriously think about solar power as unlimited and soon." Inspired by the photosynthesis performed by plants, Nocera and Matthew Kanan, a postdoctoral fellow in Nocera's lab, have developed an unprecedented process that will allow sun light to be converted to energy for immediate use and also stored for later use. The key component in Nocera and Kanan's new process is a new catalyst that produces oxygen gas from water; another catalyst produces valuable hydrogen gas. Sunlight has the greatest potential of any power source to solve the world's energy problems, said Nocera. In one hour, enough sunlight strikes the Earth to provide the entire planet's energy needs for one year. James Barber, a leader in the study of photosynthesis who was not involved in this research, called the discovery by Nocera and Kanan a "giant leap" toward generating clean, carbon-free energy on a massive scale."

When electricity — whether generated from a photovoltaic cell, thin-film photovoltaic plastic sheets, a wind turbine or any other source — runs through the catalyst treated electrodes, water is very efficiently split into oxygen and hydrogen gases. It is the hydrogen gas created in this process that can be stored for use in future home energy systems or the hydrogen can be fed into hydrogen powered cars already in production today. That could mean no more $4++ per gallon gas fill ups at the local Exxon Station - rather you could fill up your hydrogen powered car for free with the sun, rather than Exxon, as your energy provider.

Read the full ScienceDaily article here

U.S. Senate Candidate for Texas Rick Noriega supports the development of alternative energy sources such as this. Noriega's opponent, Texas' incumbent Senator John Cornyn, dismisses such alternative energy research and development as "unrealistic" and "against mainstream solutions" such as drilling in the Arctic National Wildlife Refuge in Alaska and off shore drilling -- both advocated by Senator Cornyn as priorities over alternative energy development.

It must also be noted that, like Rick Noriega, Collin County U.S. Congressional Democratic candidates Tom Daley, Candidate for the U.S. 3rd Texas Congressional District against Republican incumbent Sam Johnson and Glenn Melançon - Candidate for the U.S. 4th Texas Congressional District against Republican incumbent Ralph Hall also support alternative energy technology development. Both Sam Johnson and Ralph Hall favor the energy positions held by incumbent Senator John Cornyn -- drilling in the Arctic National Wildlife Refuge in Alaska and off shore drilling for carbon fossil crude oil as priorities over alternative energy development.

Experts agree that arctic and off-shore drilling would not add significantly oil flow to refineries and it would not cool gas prices at the pump. In 10 years time arctic drilling might drop crude oil prices as much as $0.75 per barrel of crude oil.

That's not to say that continued careful drilling using modern drilling technologies is necessarily a bad idea. Millions of acres of oil and gas leases in the lower 48 states sit undrilled and untapped.

Why are John McCain and other Republicans so urgently trying force the issue of arctic and off-shore drilling when so many acres of oil and gas leases sit untapped in the lower 48 states. Could it be diversionary election year politics? Or, is it something else? Multiple oil company executives did give huge contributions to Senator McCain's campaign just days after his offshore drilling change of heart. (Until very recently Senator McCain was against offshore drilling.)

Even if all the oil wells possible were being drilled today, no one should get the idea that would reduce America's dependence on foreign oil imports or reduce the price we all pay at the pump for a gallon of gasoline. Only significant investments in the development of domestically produced alternative energy technologies will significantly reduce America's dependence on foreign oil imports, improve America's national security and reduce the price we all pay for every form of energy.

All of the Republican candidates, that will appear on the Collin County Voters' ballot this fall, support continuing tax breaks to big Oil and Coal companies for projects such as Arctic and Off-Shore drilling. (read Big Oil's biggest quarter ever: $51.5B in all) These tax subsidies bleed money away from American tax payers and the Texas economy and simple add to big oil profits.

Alternative energy development, particularly like west Texas wind power generation, is already pulling much needed jobs and money back into the Texas economy. Technologies such as developed by MIT can rapidly accelerate solar and wind power investment and development in Texas. After all, anyone who has lived in Texas for very long knows well that the most abundant resources to be found in Texas are wind and sun!!!

Why aren't the Republican candidates John McCain, John Cornyn, Sam Johnson and Ralph Hall supporting alternative energy development when it can be so good for the Texas economy?