Short of announcing it outright, President Obama could not have signaled in stronger terms than he did Wednesday how little he cares for the plight of the American public.There's more at the link. This decision should be a career-ender for Obama. Any Republican rejecting such a deal would be excoriated by the press, but the media just looks the other way when Obama does such things.
With the news that the White House is definitively rejecting approval of TransCanada’s Keystone XL pipeline, a project that has the potential to employ 20,000 Americans almost immediately, the president has made clear that he’d rather placate a small group of environmental radicals than offer real relief to unemployed Americans struggling to pay constantly rising gas prices.
Once operational, the Keystone XL would bring 900,000 barrels of crude a day from Canadian oil sands in Alberta to Gulf Coast refineries in the United States. That would mean the creation of approximately a quarter of a million new American jobs over the project’s lifetime, as well as more than $5 billion in property taxes for the states on the pipeline’s route. Given that more than 25 million Americans are currently under-employed or out of work completely, these numbers mean a great deal – just not to Obama and his administration, apparently.
The Keystone XL has been valued by at least one major independent study at more than $20 billion from both economic and security-related standpoints. As Iran’s banana republic threatens for the third straight week to close the Strait of Hormuz and cut off a sixth of the world’s oil supply, we are witnessing the fallout from another Obama shortcoming – failure to take a hard line with Tehran. The Keystone XL, then, is a golden chance for Obama to shore up energy security as he simultaneously helps lower national unemployment. It should be a no-brainer.
But as usual when it comes to measures that would bolster our long-suffering economy, Obama and his cohorts never miss an opportunity. Beholden, bafflingly, to the relatively small environmentalist voting bloc and the lure of another term in office, Obama today effectively thumbed his nose at the majority of hardworking Americans as they struggle to make ends meet in the economic climate he vowed to improve.
Sunday, January 22, 2012
Bob Beauprez, former GOP congressmen, has some thoughts on Obama's decision to reject 20,000 American jobs and 900,000 barrels of oil...a day: