Friday, March 16, 2012

Paying Off The National Debt

Since it is very unlikely that Socialists or Republicans will find a way to  actually pay off the $16 Trillion National Debt, that just continues to grow, every minute of every day, the only way to pay off the Debt is by the federal government generating  royalties from drilling for oil, oil or gas shale, natural gas, or mining on federal lands, or in waters off our shores.   Socialist President Obama will not allow this to happen; but it must happen not only to make our country Energy Independent; but to pay off the National Debt and prevent the bankruptcy of the United States.   It is just common sense; provided this new found money actually goes to cover the Debt. 

It is estimated that the federal government could generate about $18 Trillion in royalties from drilling and mining on federal lands over time.    This does not include the additional tax revenues that would come from a vibrant energy industry, which is the key to job creation, economic growth in our country and a higher standard of living for our people.   Unfortunately, President Obama is an impediment to making any of this happen.  

The key issue in the elections of 2012 and 2014 is Energy Independence.     Socialists support pie in the sky green technology that cannot power our country for years to come.   President Obama continues to chase wind mills in the hope that solar and wind can replace carbon, or nuclear based energy.  That is just not going to happen any time soon. 

Putting a 50 Year, all of the above, Energy Plan in place is the answer that will create Energy Independence and protect our National Security.   The fact that we are dependent on an unstable Middle East for oil is ridiculous when Canada and the United States together have the capacity to supply all our energy needs for at least two hundred years and maybe longer.  

The reality is that President Obama and his Socialist pals in government are  ideologues owned lock, stock and barrel by radical environmentalists to the detriment of our country and our people.   These Socialists are a clear and present danger to our nation as bad as any external enemy we have ever faced in American history.  For that reason, we must sweep Socialists, at all levels of government, including President Obama, out of office in 2012 and 2014.  The survival of our nation depends on it. 

We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We have to pay off our National Debt to restore our Triple AAA credit rating.   Royalties from energy production is the way to do it.  We can make it happen; but only if we elect Conservatives that get it.  We have to make Obama a one term President to prevent the bankruptcy of the United States.   We have work to do. 

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