Not to long ago I noted that President Obama had given Americans hope when it came to increasing energy options that would lower their energy costs and decrease (at least a little) the leverage of foreign oil producing nations have against the U.S. when he announced federal loan guarantees for a couple of reactors in GA. Well, those so inclined to trust Obama at his word now have reason for pause on this front.
Quote:As for nuclear power, Mr. Obama has promised an $8.3 billion loan guarantee to build two nuclear reactors in Georgia. However, Mike Morris, the CEO of American Electric Power, explained at a recent Wall Street Journal energy conference that while loan guarantees were a "nice thing," they were meaningless in the absence of regulatory certainty.
Only five of 50 states have what Mr. Morris calls nuclear-friendly "enabling" legislation that might convince corporate boards to commit capital to a long-term project. The federal Nuclear Regulatory Commission, despite adopting a streamlined licensing process in 2005, hasn't issued key rules.
The Administration also sent mixed signals last week by putting the kibosh on Yucca Mountain for nuclear waste disposal. Energy Secretary Steven Chu has convened yet another "blue ribbon" panel on nuclear waste, which will probably have the half-life of uranium. Companies are already suing the feds for failing to meet legal obligations to collect waste, and the end of Yucca is one more reason for utilities to avoid making large capital bets amid uncertain government policy.
http://online.wsj.com/article/SB10001424052748704784904575112144130306052.html?mod=WSJ_newsreel_opinion
Loan guarantees are fine but, let's be honest, if the president really wanted to move on this issue and send a message to Interior and others he could easily do so. Remember, his order to rescind Bush's order on stem cell researce? Hell, why not use that Science/Math based reasoning to accomplished his implied goal towards energy ? Another case of smoke and mirrors in the Obama narrative? Google this: " Harry, I have a gift" and the first thing you find is the answer to Obama's successful campaign. Dan Henninger's column is insightful. If you have the time to read it would be a good investment. A snippet:
Quote:Early in the campaign, in January 2007, a New York Times reporter wrote a story about Mr. Obama's time as president of the Harvard Law Review. It was there, the reporter noted, "he first became a political sensation."
Here's why: "Mr. Obama cast himself as an eager listener, sometimes giving warring classmates the impression that he agreed with all of them at once." Also: "People had a way of hearing what they wanted in Mr. Obama's words."
Harvard Law Prof. Charles Ogletree told how Mr. Obama spoke on one contentious issue at the law school, and each side thought he was endorsing their view. Mr. Ogletree said: "Everyone was nodding, Oh, he agrees with me."
http://online.wsj.com/article/SB124105013014171063.html
But that was then and this is now. Now, of course, Barack Obama, is the President of the United States. Political slight of hand can be somewhat forgiven for a campaign stratagey but his role as the top American leader demands drive, leadership, and honesty of purpose towards his fellow Americans (not that this is a bad thing during a campaign either). Indeed, "Al Gore's former chief of staff Ron Klain,also of Harvard Law, reflects on the Obama sensation: 'The interesting caveat is that [Obama's] is a style of leadership more effective running a law review than running a country.''
One gets the ever increasing sense that Obama has a definite agenda in mind but feels compelled, for some reason, to be less than completely honest with fellow American citizens about what that might be. As an advocate for a client sometimes consul chooses to obfuscate (show reasonable doubt, if you will). But this is not his present and chosen vocation. As President he should be forthcoming as to his goals for Americans and how we might acheive them together. He chooses not to do so and therefore risks becoming a pariah.
JM
P.S. About the pariah thing: From an article (Red State) entitled
Barack Obama Tacitly Acknowledges He is Now a Pariah and the Democrats Are Screwed in 2010 "Today in Missouri, Barack Obama spoke at the fundraiser organized by the joint fundraising committee of the DSCC and sitting United States Senator Claire McCaskill " a woman not up for re-election.
At this event, Robin Carnahan, the 2010 Democratic Senate candidate in Missouri, was no where to be seen."
WHAT?? Well, here you go.
http://www.redstate.com/erick/2010/03/10/barack-obama-tacitly-acknowledges-he-is-now-a-pariah-and-the-democrats-are-screwed-in-2010/