Credit crisis sparks huge rise in price of gold

Sep 18, 2008 Read more: Newsday
Gold surged the most, in terms of percentage, in nine years yesterday as investors sought the safety of precious metals on concern that the credit crisis will deepen, leading more financial institutions to ... Read more
Nassau County Democart

Howell, NJ

#1 Sep 18, 2008
The House of Representatives voted on and passed legislation domestic off shore drilling on September 17, 2008.

CONGRESSWOMAN CAROLYN MCCARTHY voted YES on this Sham of THIS NATIONS NEW Energy Independence Bill.

CONGRESSWOMAN MC CARTHY DID NOT STAND UP FOR NASSAU RESIDENTS YESTERDAY. SHE DID NOT FIGHT FOR NASSAU HOMEOWNERS
FACING HOME HEATING OIL BILLS OF 4.35 THIS WINTER OR FOR COMMUTERS PAYING 3.79 FOR A GALLON OF GASOLINE . MOST OF ALL SHE DID NOT FIGHT FOR NEW YORK’S FAIR SHARE OF ANY PROFITS IF OIL OR NATURAL GAS COMPANIES LEASE AND RECOVER OIL OR NATURAL GAS OFF NEW YORK COAST. MONEY THAT COULD BE UISED TO LOWER PROPERTY AND SCHOOL TAXES AND HELP ELIMINATE NEW YORK STATE’S BUDGET DEFICIT.

CAROLYN MCCARTHY MUST NOT BE RE ELECTED IN NOVEMEBER. INSTEAD OF REPRESENTING NASSAU COUNTY RESIDENTS SHE INSTEAD DRANK THE NANCY PELOSI KOOL AID WHILE BEING ADVISED BY THE SPEAKER OF THE HOUSE TO GO BACK AND TELL YOUR STUPID CONSTITUENTS YOU HAVE VOTED FOR OFF SHORE DRILLING.

This NONSENSE LEGISLATION which is nothing more than pre election campaign talking points states the following.

American oil companies can now drill ANYWHERE off the coastline of the United States

IF

The drilling platforms are at least 100 miles off our shores.

OR

The drilling platforms are between 50 and 100 miles off shore IF a state gives permission to allow drilling off a state coastline

BUT

A state does not get ONE RED CENT for granting permission to access their natural resources of oil or natural gas to be located and recovered

INSTEAD

The federal government gets all revenue for the leases and a cut of the profits for the sale of oil and natural gas

And

Any company that does drill and recover oil must SELL a percentage of that oil to this nation’s Strategic Petroleum Reserves!

SELL? Why didn’t McCarthy INSIST the oil companies supply at not cost the oil for the Strategic Petroleum reserves!

PLUS

The bill also grants 3 mid western states the authority to open their shale deposits to drilling for natural gas BUT again those states
DO NOT GET ONE RED CENT for doing so.

Geological reports advise there is enough natural gas off the coasts of the United States and within the continental United States
to heat every home in this nation and fuel every automobile for the next 50 years.
More than enough time for this nation to make the transition to other renewable alternative sources of energy.

CAROLYN Mc CARTHY and EVERY OTHER Democrat and Republic INCUMBENTS that voted for this NONSENSE BILL MUST BE VOTED
OUT OF OFFICE IN NOVEMBER. ENERGY EXPERTS ARE ADVISING THAT IF MC CARTHY AND THE REST OF CONGRESS WOULD SIMPLY
MOVE THE NATURAL GAS FRILLING PLATFORMS TO WITHIN 10 MILES OF THE COASTLINE THE NEW WELLS COULD BE PRODUCING OIL AND NATURAL GAS WITH ONE YEAR.

NOT 10 YEARS! WITHIN ONE YEAR! LIPA COULD BE ON NATURAL GAS WITHIN ONE YEAR!

MC CARTHY MUST GO! TELL YOU RELATIVES, YOUR FRIENDS AND YOUR NEIGHBORS WE HAVE TO GET RID OF HER!

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