For decades...
...Crane has been the supporter of all things radical leftist.
He is the consumate apologist of Donk demagoguery; the most passionate hater of conservatism; the skipping record of progressive parroting.
And then, the other night, Crane prefaced his Editorial about concern for future generations, and gave the speech of his life...
http://www.kfbk.com/pages/cranescorner. ... z1pPzIuOT4The stock market’s been flying. Fewer people are looking for help at the unemployment offices. Retail sales are rising. Hey, maybe this economy has finally turned the corner and is bouncing back..just in time for America to re-elect Barack Obama.
That’s the funny thing about economic statistics. There are a lot of ways to spin them. To the casual observer---all of the above---a northward moving stock market---fewer people seeking jobless benefits and the return of shoppers look wonderfully positive. But let’s look a little deeper. We’ve also learned that America’s credit card debt—which we’ve collectively been paying down for the past few years is rising again. That tells me that theres pent up demand for goods and services, but many who want them are buying now and paying later. Consumer prices hit a ten month high this morning, consumer confidence slid to a six month low.
The market is being driven by companies like Apple…which makes it’s phones and tablets over seas…the net result…not a lot of benefit to the US economy unless you factor in increased production by wired workers.
The dirty little secret of this economy—what may prevent it to returning to true vibrancy…anytime soon is the cost of energy. Let’s do some math. Here in California we are paying on average about 4.29 a gallon. The average car has a 15 gallon tank. One tank 66 bucks. Your range about 375 miles. Let’s say your round trip to work is 30 miles..and maybe a few miles of errands each day. Say 35 miles. Conservatively you’ll need one and maybe 2 tanks a week There’s 400-500 a month. Got two vehicles it’s 800-1000. Consider that in 2008 gas was around two dollars….so you spent 50 percent LESS! And we’re not the only ones buying gas. Truckers are getting slammed by fuel prices. Passing on the cost.Airlines two. The higher fuel goes the less we have to spend on everything else. The less chance we have to grow the economy. Pretty basic.
The President has been talking about this lately. Yesterday he told a college audience that alternative fuels are the way to go. That the president can’t control fuel prices. And that since the U-S uses 20 percent of the worlds oil….we’re on a path to the day of fossil fuel reckoning.
Well---not so fast Mr. President. People didn’t sell their horses en masse when Ford rolled out the model T and the day after the Wright Brothers got up in the North Carolina air for a few minutes.…The change took time. People aren’t buying into electric cars because they haven’t been perfected. Chevy stopped producing the Volt this year because it had sold fewer than a thousand a month---The business plan was 46 thousand this year…but with a battery range of 38 miles….then gas kicks in----who needs it?
As to drilling…various sources say beneath the Dakotas, Alaska and the Pacific Oceans….we are sitting on close to 2 Trillion barrels…How much is that---well if Saudi Arabia was pumped dry, they might have 260 billion barrels…Tops.
Drilling won’t bring down prices over night…but it will help…The speculators now driving prices higher on middle east tension will simmer down. The Sheiks will be rattled. Prices will roll. Down.
But this President…a hostage to the environmentalists refuses to try..
It’s “no” to the keystone pipeline…no to anwar---no to exploration off our California coast…
The real answer is to both explore and drill and innovate…Bring the cost of gasoline down and the supply up----until…the state of alternative energy is advanced to the point of perfection.
Picture the Wright Brothers ___then picture A 767—NIGHT AND DAY…But that is about where we are in the alternative energy world. Until we get much further along, we need fossil fuels in abundance and we need a way to make it affordable.
A positive sign this adminstration's economic beatdown has taken too much of a toll.







