From Investor's Business Daily (IBD):Any leader with an energy record as derelict as Speaker Pelosi's ought to step down. Where she once was just incompetent and irresponsible, she has now — with her latest scheme to fix oil prices — become dangerous.
Despite polls showing Americans in favor of drilling more oil from America's huge untapped supplies, Pelosi won't allow it. She just wants to empty our Strategic Petroleum Reserve for a short-term fix to get through Election Day.
It's an irresponsible suggestion, signaling not only an ignorance of how the economy works but also a willingness to place the nation at risk in the case of emergency. . . .
Despite polls showing Americans in favor of drilling more oil from America's huge untapped supplies, Pelosi won't allow it. She just wants to empty our Strategic Petroleum Reserve for a short-term fix to get through Election Day.
It's an irresponsible suggestion, signaling not only an ignorance of how the economy works but also a willingness to place the nation at risk in the case of emergency. . . .
With Congress' public approval at a subterranean 9% and falling, the speaker must be starting to realize that November may not be the Democratic cakewalk that pundits predict.
President Bush, however, isn't about to be suckered into releasing the reserves just long enough for pump prices to fall by Election Day, thereby saving Democrats' skins so they can carry on their drill-nothingism for an additional two years.
The president needs to do two things with Pelosi's proposal: First, tell her "no," unless she comes up with a plan to open up more drilling. Second, expose it for what it is — a bid to paint Bush as the problem to distract from her own sorry record.
In playing politics with the Strategic Petroleum Reserve, the speaker has moved beyond the incompetence and irresponsibility that have characterized her leadership to date.
It borders on reckless, something we cannot tolerate in such dangerous times.
President Bush, however, isn't about to be suckered into releasing the reserves just long enough for pump prices to fall by Election Day, thereby saving Democrats' skins so they can carry on their drill-nothingism for an additional two years.
The president needs to do two things with Pelosi's proposal: First, tell her "no," unless she comes up with a plan to open up more drilling. Second, expose it for what it is — a bid to paint Bush as the problem to distract from her own sorry record.
In playing politics with the Strategic Petroleum Reserve, the speaker has moved beyond the incompetence and irresponsibility that have characterized her leadership to date.
It borders on reckless, something we cannot tolerate in such dangerous times.
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