Monday, April 25, 2011

Sarah Palin To Dems: You Want A Deal On Debit Increase? Let's Talk Drill Baby Drill

Sarah Palin, knowing the weak GOP is getting nowhere with the issue of whether or not to raise our debt ceiling, offered up a strong challenge to the democrats.

Tweeting Alaska Senator Mark Begich, Sarah has this to say:
Sen.Begich: how'bout deal on ANWR? U trying? MT@SarahPalinUSA:"Voting 4 debt increase? Then pressure your D's to drill
She was referencing an article from Dan Springer on Fox News' website:
Despite $4 Gas, Obama Boots Shell From Arctic Drill Site

Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA's Environmental Appeals Board to withhold critical air permits. The move has angered some in Congress and triggered a flurry of legislation aimed at stripping the EPA of its oil drilling oversight.
We covered this situation, at length, here.

This is seriously out-of-the-box thinking on Sarah's part. The sign of a strong leader. The GOP leadership in Washington is allowing the democrats to set the ground rules for the debate on this issue. Of course, the democrats don't want to cut any spending whatsoever, and the Republicans are getting weak-kneed, fearing the beating the media will give them for doing the right thing.

At best, some are proposing a balanced budget amendment before making a deal with the democrats.

The problems with a balanced budget amendment are many. First, it requires amending the Constitution, something that requires both Congress and two thirds of the states to ratify. This is a long drawn out process with no guarantees it would be ratified. Meanwhile, we may hit our debt ceiling by Friday!

The other fear, of course, is forcing Congress to balance the budget each fiscal year may be seen as a license to simply raise taxes over and over to cover their out of control spending.

Yes, I know many state constitutions require their legislatures balance the budget and taxes aren't raised to usury levels, but this is Washington we are talking about.

Both parties are addicted to spending, and the power it gives them. A balanced budget amendment is a noble ideal, but one that has the potential to abuse the tax payer.

Prudence tells us that spending is the problem, not tax revenue. A bold GOP would insist on cutting trillions immediately, in return for any sort of deal on the debt ceiling. As Ronald Reagan would say, now is the time for bold colors, not pale pastels. The Republican initiatives are quite pallid.

Sarah Palin's plan is bold. It would also cure more than just our debt problem. It would impact gas prices almost immediately. It would create jobs. It would stimulate the economy as a whole.

As we send $700 billion to $1 trillion a year overseas to import oil, becoming energy independent, and having those dollars stay in OUR economy would take us a long way toward financial security, energy independence, and of course, overall national security.

Sadly, I doubt the Ruling Class will listen to Sarah, never mind the fact she was ahead of the curve on QE2 and had that disaster figured out nearly six months ahead of the "smartest people in the room" like Barack Obama.

As usual Sarah Palin is showing true leadership by showing she has a superior intellect to those currently in charge. Having negotiated a lot of deals in my previous career, I can tell you, Sarah Palin is what we call a "closer." Someone smart enough to look at a situation, see all of the elements, and come up with a workable solution to a seemingly impossible situation.

In the end though, Washington is stubborn, and set in it's ways. The only solution I see is a Palin presidency. Having her at the helm will force the Republicans to grow a spine and get things done for the good of us, the people.

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