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John Cronin

Nancy Pelosi Flips On Offshore Drilling, Peasants With Pitchforks Prevail!

August 17th, 2008 | 5 Comments | Posted in Congress, Energy, Nancy Pelosi

Nancy Pelosi, who symbolizes much of what is wrong with the Democratic Party, has caved on her draconian opposition to offshore drilling, which in recent weeks she called a “hoax”. The hoax has morphed into reality as Ms. Pelosi evidently sat down at her desk and started counting votes (something she has not always done in the past) and finally realized that her position was a loser for her and her Party. Welcome back to reality, Madam Speaker.

~~John Cronin~~

http://apnews.myway.com/article/20080816/D92JM7NG2.html

By DINA CAPPIELLO

WASHINGTON (AP) - Democrats’ stance against offshore drilling has shifted more, with House Speaker Nancy Pelosi signaling on Saturday her willingness to consider opening up more coastal areas to oil and gas exploration.
In her party’s weekly radio address, Pelosi said opening portions of the Outer Continental Shelf for drilling would be a part of energy legislation that House Democrats intend to put forward in the coming weeks to address oil dependence and high gasoline prices.
Lawmakers will be able to “consider opening portions of the Outer Continental Shelf for drilling, with appropriate safeguards, and without taxpayer subsidies to Big Oil,” said Pelosi, D-Calif.
Just weeks ago Pelosi seemed resolved to block any votes to allow offshore drilling, in part because Californians have opposed drilling off their coasts since an oil spill off Santa Barbara in 1969. New oil drilling is only allowed now in federal waters in the western Gulf of Mexico and off Alaska.

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John Cronin

A Road To Victory Through Alaska?

July 17th, 2008 | 1 Comment | Posted in Democrats, Energy, Jason Chaffetz, Nancy Pelosi

http://www.ibdeditorials.com/IBDArticles.aspx?id=301100996715667

~~John Cronin~~


By INVESTOR’S BUSINESS DAILY | Posted Wednesday, July 16, 2008 4:20 PM PT

Election:

There’s little doubt voters want more drilling if even congressional candidates are starting to trek to Alaska to urge more oil development. Seven are there now. [ Editor's Note: Jason Chaffetz is one of the candidates making the fact-finding trip] That’s a wake-up call to Congress.
Congressional challenger Craig Williams of Pennsylvania spoke to us Wednesday by phone from Deadhorse, Alaska. He and six other Republican candidates think there’s enough voter disapproval with Congress’ failure to do anything about gas prices to win this election, even in a season when Democrats are believed to have the advantage.
“We’ve got a Democratic Congress doing absolutely nothing. Even the Republicans (before them) didn’t do anything. So we are now paying $4 a gallon for gas. It’s an emergency,” Williams said.
The House, under Speaker Nancy Pelosi, has gone well beyond complacency and into obstruction. “We’ve got about a dozen bills ready for the floor of Congress, and they won’t allow any of the legislation to move forward,” Williams said. Democrats “are afraid of a Republican amendment on an energy bill and won’t allow it before the election.

The so-called Greens are portraying ANWR has heaven on earth, but I heard a pundit describe it this way: “If Hell ever did freeze over, this is what it would be like.”
The proposed drilling areas are on the coastal plain, not in the idyllic mountain ranges. When the spring thaw comes, it leaves behind huge ponds of stagnant water that dot the landscape and are a breeding ground for some of the worst mosquitoes who can imagine.
The drilling area is not located in one spot but is scattered over an area of about 2,000 acres, about the size of a major U.S. airport.

For starters, he noted, the potential drilling areas aren’t the idyllic tourist paradises environmentalists suggest. “That’s not where any drilling is proposed,” he said.
Take the tiny sliver of the Arctic National Wildlife Refuge proposed for energy development, where 10 billion barrels of oil await. It’s an icy coastal plain, said Williams. “It’s still pretty, and people have homes here, but it’s not what you see on TV,” he said.
People in the area desperately need jobs, and polls consistently show 75% approval for more drilling, Crockett said.

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John Cronin

It’s the Oil, Stupid

The opinions expressed on some sites alleging that Mitt Romney is a 21st century version of Blackbeard the Pirate, searching for another company to acquire so he could throw all the employees out into the streets the week before Christmas are missing the mark.

The real pirates who apparently savor the thought of business failures, mass layoffs, bankrupt airlines, struggling consumers and enormous trade deficits are none other than the current (hopefully soon to be replaced) Democratic leadership: Obama,Pelosi and Reid.

~~John Cronin~~

http://www.townhall.com/columnists/HughHewitt/2008/07/11/its_the_oil,_stupid

By: Hugh Hewitt

The economic mess the country confronts can be laid at the feet of Barack Obama, Nancy Pelosi and Harry Reid. The Don’t Drill Democrats are forcing deindustrialization through depression brought about by soaring energy costs. This is a man-made meltdown, and make no mistake: The Democrats could halt and reverse the skyrocketing cost of oil, but they are choosing not to.
The impact of the massive oil shock brought about by the rise of oil to more than $140 a barrel has just begun to be felt. The airline industry has gotten organized to alert everyone it can that it cannot continue to stagger along at this price. Eight airlines are completely gone that flew a year ago, and many others are on the brink. Layoffs and new charges to battle soaring costs are hardly worth noting they arrive so frequently.
Tremors continue to course through Wall Street as investors shunned mortgage giants Freddie Mac and Fannie Mae and yesterday worried Congressmen throw questions at the Fed Chairman and the secretary of the Treasury: How bad can it get?
The answer is very bad indeed. We may be headed for another big bailout of a financial institution, a crisis that could have been avoided had the Congress acted first on energy. The hit on every individual and business at the pump has squeezed the liquidity out of the market, and scared the consumer into a caution not seen in decades. Barack Obama is standing off stage way-left with a plan to tax everything that moves and spend it on transfer payments, and the markets know that means postponing growth until the kids have had their shot at reenacting Jimmy Carter’s triple play of sky high interest rates, double digit inflation and unemployment above 7%

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Downturn Hits House Assets and Income

By: Alexander Bolton THE HILL

http://thehill.com/leading-the-news/downturn-hits-house-2008-06-16.html

Maybe the Pelosis should give Mitt Romney a call. I’ve heard he’s a pretty sharp portfolio manager. While they are at it, maybe they should ask him his advise on energy policy as well.

~~John Cronin~~

Congressional leaders lost millions of dollars in last year’s economic downturn.
New financial disclosure reports reveal, however, that while House members suffered losses, senators defied the odds and saw their profit margins rise.

Speaker Nancy Pelosi’s (D-Ca.) husband, the San Francisco financier Paul Pelosi, lost between between $880,000 and $7.4 million in various investments. As a result, the Pelosis earned only several hundred thousand dollars if income from their assets, which range between $29 million and $133 million, according to public records.

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The Drill-Nothing Congress

June 10th, 2008 | 6 Comments | Posted in Congress, Energy, Nancy Pelosi, economy

http://www.ibdeditorials.com/IBDArticles.aspx?id=297904745555169


By INVESTOR’S BUSINESS DAILY | Posted Monday, June 09, 2008 4:20 PM PT

Energy: The average price for regular gas hit $4 a gallon over the weekend. Gas prices have risen 75% since Nancy Pelosi took over. Where’s the energy independence Democrats promised two years ago?

In November of 2006, House Speaker-elect Nancy Pelosi issued a press release touting the Democrats’ “common-sense plan to help bring down skyrocketing gas prices.”

She accused the oil companies of “price gouging.” The price of gasoline when the Democrats took control of Congress was around $2.25 per gallon.

The average price of regular gas crept over the $4-per-gallon barrier over the weekend, as measured by AAA and the Oil Price Information Service.

That represents a more than 75% increase in the retail price of a gallon of gasoline on Pelosi’s watch. Call it the “Pelosi premium” we’re all now paying.

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John Cronin

Mike Pence Signs Discharge Petition for Important Border Enforcement Bill

Good news from Roy Beck and Numbers USA, a pro border law enforcement watch dog organization. Congressman Mike Pence has signed the discharge petition to bring the SAVE Act out of the committee where Nancy Pelosi and Co. have had it buried for months.

~~John Cronin~~

BACKGROUND ON DISCHARGE PETITION AND SAVE ACT (Secure America Through Verification and Enforcement Act)

WASHINGTON, March 11 /PRNewswire-USNewswire/ — The following was
released today by the Office of House Republican Whip Roy Blunt:

Rep. Thelma Drake (Va.) filed a discharge petition on H.R. 4088, the Secure America Through Verification and Enforcement (SAVE) Act of 2007, this afternoon. This bipartisan legislation has 143 cosponsors, 48 Democrats and 93 Republicans, and has three steps that secure our nation’s border and strengthen enforcement of our current immigration laws.

Below is a quote from Roy Beck’s email to me regarding the strong support for the discharge petition from most of the Indiana delegation, including Mike Pence.

SOMETHING SPECIAL IN INDIANA

I want to especially praise our Indiana activists who now have persuaded all four of the state’s Republican Representatives to sign the Discharge Petition (Souder, Burton, Buyer and Pence) and also two of the 10 Democrats from the entire nation (Ellsworth and Donnelly).

It would be tough to gain a clean sweep for Indiana, but keep the pressure on Democrats Hill, Carson and Visclosky.

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