Now if you want to picture an Obama economy in 4 years, just look at the local news from Atlanta . Gas lines winding around the block...people pushing cars...drivers anxiously leaning out their windows looking ahead...white bags covering the nozzles...people arguing in line... worried driver facial expressions-- civil disorder. My friends... these aren't scare tactics, but rather to point out that energy is the lifeblood of our economy! Our economy cannot grow without inexpensive energy. When oil prices go up, our economy heads south. Many other Atlantas will become commonplace if we can't supply gasoline to the nation.

Barack Obama won't admit it, but his jolly green giant energy policy will destroy economic growth, jeopardize our military security, and ruin our economy. Bulldozers and all heavy vehicles run on diesel. There will never be an electric freight train, or fuel cell airliner this century; nor any wind powered tanks, or solar Humvees. Today, there are 300 million internal combustion engines sitting in our garages and driveways.

But democrats hate oil, and want to tax oil companies out of existence. They will permit no new drilling, and no new refineries. They wouldn’t mind a few more Atlanta gas lines. Their policy has caused this city to halt to a virtual standstill, and has even changed our entire culture. Many families now stay apart on Sunday, because people can no longer afford to drive back home to visit mom and dad every week. That’s what no new drilling does. It's caused us to send our money to OPEC every month, instead of the to the bank for our house payments. And it's made the grocery store a nightmare.

The democrats are the know-nothing party on energy. They don't know what causes high gas prices...its lack of an expanding world oil supply. The commodity futures market sets the world price for oil. If there's no new future supply coming, traders will bid the future price up; if there is new future supply coming ( if we start to drill), they will bid the price down. That's why its called the futures market. But these know nothings don't understand the world markets. Instead, they fault Exxon-- when their no-drilling policy is the blame. China is growing rapidly because they believe in cheap energy. Our policy should be cheap energy, in conjunction with clean technology enhancements.

The Democrats also know nothing about alternative energy. Mass produced electric and hydrogen cars are decades away. They remain prohibitively expensive. The battery and re-fueling problems have yet to be solved; and only hybrid vehicles with gasoline assist are practical now. We cannot replace coal with solar or wind anytime soon. Ask any engineer.

We are at least fifty years from seeing alternative energy mass production; and right now alternatives account for 0.5% of our total energy BTU's produced. Coal is 60%. Obama is either dreaming or misleading. If we all understood physics a little better, we'd know you cannot take money away from drilling, and then use it to INVENT a new alternative type of energy. Once again, ask any engineer.

Was coal invented...oil?...nuclear?...electricity? How about the great invention of the wind?  My friends, Barak Obama will fabricate anything to get elected. His jolly green no drilling-save-the environment policy will spike gas prices to $6 a gallon. The only people who would benefit would be the bicycle shops --the rest would suffer. This no-growth policy will destroy our dollar, prolong a recession, and put us on the road toward becoming the world's most advanced third world country. 

Now let's take a second look through our window of the First Obama Administration. Our entire country would look like the Michigan of today... 8% unemployment, and a state that went from a poor economy, to a disaster after democratic Governor Granholm came in and raised 1.4 billion in new taxes. And long before she arrived, the government had begun choking the auto industry with regulations. The industry had boomed in the 50's and 60's, but the very year the government stepped in, it's been on a downhill trajectory since. Why can't we let Detroit produce what Americans want to drive, rather than what kind of cars the government mandates them to build? Let the free market work, and Michigan will rise again!

Let's talk about the free market and tax cuts. President Kennedy tried it in 1961 and it was boom times. Now lets talk about my first administration. How many of you out there have your own idea of how you'd get rich? We are an entrepreneurial people by nature. When I cut taxes, including the corporate and capital gains tax, it would unleash capital overseas and else where, and flood the market with new small business investment, springing from the millions of new ideas we have.  Exxon was once a small business. General Motors, Ford, Hewlett Packard... these all started in someone's garage, or basement (or in someone's mind). But higher taxes on the top 5% of the rich, will ruin small businesses, and thwart innovation.

Recall our great American history of the 19th century. It was the century of invention: steamboat, telegraph, telephone, etc. Was there any government regulation back then; or cap gains tax...or corporate tax...or inheritance tax? Lower taxes mean higher economic growth. Taxing the rich was tried with Bill Clinton's yacht tax; it was a disaster. Rich people stopped buying yachts, the boat building industry lost 7600 jobs, and the unemployment benefits paid out far exceeded the meager 10% luxury tax revenue brought in. Distort the free market with regulations and higher taxes, and destroy your middle class job out of existence. Once again, the democrats have no clue of how markets work.

My friends, I have been soundly criticized for having no other policy than tax breaks and cutting spending. So lets have a little straight talk. Look at the Obama plan: friends, WE CANT SPEND OUR WAY OUT OF A RECESSION. But Obama's plan is just that...to spend our way out by creating hundreds of new alphabet-soup government programs, to the tune of $1.2 trillion. During his first 4 years as a U.S. senator, Obama spent his time dreaming up literally hundreds of new federal agencies for when he becomes president.

My friends, I don't blame you for wanting change, but change to what, creeping socialism? Do you want the government regulating you for everything from what you shall drive, to the temperature that you shall heat your home? Would Obama's creeping socialism make your life better, with the government as your mother? Do we want a giant welfare state of big government, big taxes, and big unemployment? There are not enough 5% rich people, or closed corporate tax loopholes,to pay for it all. He will say he's raising taxes-- but "not yours". He'll lead us deeper into debt, and his policies are nothing more than vote-shopping.

My friends, to where will all this entitlement mentality take us? Since when did we lose faith in our free markets? They've worked for 235 years to make America great. And now Obama and his democrats have decided to throw it aside, and claim more government is the answer. My friends, the last successful government program was the Apollo moon shot, and ever since then, they have ALL failed. Why? When the government steps in, productivity flees out the back door. There is no incentive or motivation for anyone to perform, because nothing is at stake. People are not accountable, nothing gets done, and corruption moves in;  and what few taxpayers are left, suffer all the more. 

Americans thrive on motivation. That’s why Apollo was so successful. Socialism is basically non-violent communism. Obama wants it, and America would become, "the land of the regulated... and the home of the dependent".