BloggeRhythms

While Vladimir Putin moves ahead toward a Ukraine invasion, having no fear of U.S. reprisal whatsoever, the side effects have begun harming our economy already. The last time I looked, about ten minutes ago, oil cost had climbed about two dollars a barrel, indicating significant future gasoline prices at the pump.

 

In the meantime, the Keystone XL pipeline approval is still sitting on the incumbent’s desk.

 

At the same time, according to the New York Times this morning, via Fox News on-line: “The Environmental Protection Agency plans to unveil a major new regulation on Monday that forces oil refiners to strip out sulfur. The rule will require oil refiners to install expensive new equipment to clean sulfur out of gasoline and force automakers to install new, cleaner-burning engine technology. E.P.A. officials estimate that the new regulation will raise the cost of gasoline by about two-thirds of one cent per gallon and add about $75 to the sticker price of cars. But oil refiners say that it will cost their industry $10 billion and raise gasoline costs by up to 9 cents per gallon.”

 

Experts, however, say that strict regulations have already cut sulfur presence in fuel so low that further restriction will likely make little, if any, difference.

 

Then there were two clips that provide well-informed insight as to why major problems arise when office-holder’s have no skills or credentials.

 

First a “Flashback” from Fox Nation during the presidential debates: Obama Attacks Romney For Calling Russia Geopolitical Threat-‘Cold War Has Been Over For Over Twenty Years.

 

Gee, who was right on that one?

 

And then,  a Tweet from Rupert Murdoch via Drudge: “NYC now totally managed by leftist activists with no experience in running anything beyond protests. Big mess ahead.”

 

So, here we have three glaring example of what happens when an electorate buys unfulfillable promises from misguided amateurs. But, what’s even worse is that, as huge as their mistakes are, every taxpayer has to cover them financially.

 

That’s it for today folks.

 

Adios