Friday, March 16, 2012

The sick political minds that would tap oil stocks during heightened Mid-East tensions

The Guardian reports, among other sources, that President Obama and PM Cameron "huddled" over a cost reduction use of strategic petroleum reserves yesterday. Translated this could only have been a US ploy to gain votes for the Democratic party nominee in the coming elections, Britain having no such reserves other than in the smallest conceivable quantities set aside strictly for defensive use.

The world runs on oil, to think that even one second's consideration could have been given to such a treacherous and outrageous notion at a time when the threat to safe navigation through the Straits of Hormuz has been under consideration for several weeks beggars belief. It comes close to signal an intent to abandon one's national defence for the gain of another term in office!

The self-serving and thoroughly disgusting opportunism of the two men presently in control of the supposed democracies of both Britain and America is a startling damnation of the principles and priorities of both their electorates.

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Blogger Rossa said...

Ron Paul via this post by Dellers has got it spot on. Stop printing money and devaluing the currency.

7:54 AM  
Blogger Twig said...

I would like to add, if you reduce wasteful spending you could reduce reduce fuel duty which is after all the reason that fuel is expensive.

6:16 PM  

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