Renewable energy (oxymoron) assets will prove to be the only true guarantor as they are backed by mother nature. Would you rather have solar panels and mother nature as your collateral or a guarantee from the same guys that guarantee Fannie, Freddie and Sallie – our very own Wizard of Oz; The Fed.

Mr. Krugman reveals himself unintentionally when he recounts a chance meeting at the AutoZone auto parts store where, he sees a friend buying a tire pressure gauge, “I ask him if his consciousness has been raised by Obama.” The mere fact that Krugman, once paid $50,000 a year as an Enron consultant, dares to insert himself as a good-faith, unbiased observer is absurd on its face. But, I imagined my response to such an insulting inquiry:

“Oh yes Paul, I could not possibly have thought to economize or conserve on my own. Whenever I have trouble with my household budget or my car, I go straight to the editorial page of the Times or to Obama’s web site for clarification (you putz!). We proletarian types can hardly be trusted to operate in our own self-interest without the wise guidance of lawyers from Harvard or economists from Princeton. I thank you for never taking partisan political pot shots at the president for his adherence to supply-side economic theory. Tax cuts are bad as you’ve repeatedly stated in your columns and I am proud to be in THE state that most heavily taxes fuel. Most of us started tinkering with our cars and driving habits before gas crossed the $3.00 mark. A friend of mine in the trucking business was inspecting tire wear on one his five rigs the other day, when he tapped the tire thumper on his forehead exclaiming, “Dang! Obama’s right! If I would just inflate my tires correctly, I won’t have to sell a kidney to keep on truckin’ !” By the way Paul, let me know if Mr. Obama has any more golden conservation tips like, “drive slower”, “accelerate at a gradual pace”, or “plan your errands so that you can do multiple things in one trip”. I so enjoy receiving pedestrian advice in a pedantic, condescending tone. Hey, in case any of your pals need work, I understand that they’re hiring Ivy League grads to replace the pit crews at Indy and Daytona. You guys just know everything!”

So never mind Krugman’s fake neutrality in the face of his unbridled bid for a position in a Democratic administration. Forget his ill-conceived critique of every single tax cut. He’s just a guy down at AutoZone (right) lobbying for a logical approach to energy policy. What crap! Paul Krugman is a central planner, a socialist, and an opportunist. His real concern is for, surprise, Paul Krugman! A competent plan for energy in America might include a respect for consumers. Free people in free markets have a better batting average than “experts” dictating from some central bureau. Exploration for new sources of fossil fuel must be a part any plan that embraces reality. Drilling for oil is not evil, nor is mining coal. Nuclear electrification is a must. All other sources must be pursued as well. No adjustment can be “off the table”. Each has its environmental and economic trade-off. Conservation and good stewardship of resources are also important. But, you already knew that.

“Gas guzzling SUVs”. I always get a good laugh out of this comment, because it’s almost always made by some envious cheap little 4-cylinder driver who can’t afford to buy an SUV.

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=59991

So Viet Nam can add a bizzilion more putt-putts and China a gazzilion more Hummers and it wouldn’t matter a hill of rice.