Friday, June 06, 2008

"McDermott holds high hopes"

Capitol Hills Times (WA):
U. S. Rep. Jim McDermott is counting the days until President George W. Bush is out of office - 230, as of Wednesday, June 4 - and he sounded optimistic during an interview last week that a Democrat will take the White House in the upcoming election.
"Then we're going to get to work," he said. There's a lot to do, according the Seattle Democrat, the 10-term congressman from Seattle's 7th Congressional District, who will seek reelection this fall. McDermott endorsed Barack Obama last month and describes Sen. John McCain as "Bush lite." Acknowledging that Democrats have held a majority in both houses lately, McDermott said that still wasn't enough.

"The Republicans made a decision that they were going to make this Congress not work," he said. "We had to take what we could get when we could get it." That didn't include health care for children, but it did include a one-year extension of the sales tax deduction, McDermott said.

With gas prices soaring above the $4 mark and no end in increases in sight, he also takes aim at the oil industry and the industry's Republican supporters. Democrats, McDermott noted, tried to eliminate $14 billion in tax breaks for big oil and use the money for alternate energy sources such as solar and wind power.

"And the president vetoed it because he wouldn't take back this $14 billion we shouldn't have given to big oil anyway," he said. Democratic efforts to institute a windfall tax on oil profits similarly went nowhere because of Republican resistance, the congressman groused.

Oil companies have also balked at adding new refinery capacity over the years, blaming environmentalists for the lack of action, according to McDermott, who has another explanation.

"They won't build new refin-eries because it would cut down on their profits."

A side effect of growing oil consumption is global warming, a problem that is accepted "intellectually" in the other Washington, he said. "But the will to do anything about it is weak on the other side," McDermott said of Republicans.

McDermott and his wife both drive Priuses, but he complained the hybrid cars were on the streets of Tokyo for three years before they were available in this country. "And where was the marketing and vision of General Motors or anyone else?" he asked.

The weak dollar and instability in oil-producing countries such as war-torn Iraq are also to blame for high gas prices, the Congressman said. He also blames America's record-breaking deficit on the war, and he dismisses the White House claim that America is bringing democracy to Iraq.

Instead, McDermott insists, the real reason behind the war was oil.

"We wanted control of it the day we moved in there," he added. "We wanted to be able to set the prices and make the profit."

But the United States has been unwilling to face the real cost of the war, according to McDermott. "I think we can be out in six months," he said, adding a caveat. Such a move would require the Iraqis to run their own country, the congressman said. "We don't want that."

McDermott also points to another problem with the war in Iraq. "We're making enemies who are going to be there for a long, long time." The war has also affected America's standing in the world, he said. "It's going to be very hard for us to re-establish our moral authority very quickly."

McDermott also slams the Veterans Administration for failing to treat a ballooning number of military personnel for post traumatic stress disorder and traumatic brian injury. "It is going to be a huge expensive problem," he said.

McDermott said he thought America was also going to invade Iran in 2006, ostensibly to "stir up anxiety" in the populace during that election cycle. "It didn't happen and I'm glad of that," he said, "but you still hear the drums (of war)." Invading Iran will be a real possibility if McCain is elected president, according to the congressman.

But McDermott holds out high hopes that the country can be turned around if Obama is elected. McDermott thinks the senator has a real shot at winning the presidency because he's energized three groups of constituents. The first group is young voters.

"In this thing, Barack has touched something in them. They've gotten out, and they're staying out there," he said.

The other two groups are women and African Americans, McDermott said. "And if the Democrats can harness the power of these groups, we're going to blow Republicans out of the water."

1 comment:

Unknown said...

The manufacturing guys over at Evolving Excellence had a good post today on "big oil" relatively low profit margins, but with a twist. Did you know the endowments of Harvard, Yale, and others went up over 20% last year? Those private universities are just sitting on the cash, while Big Oil is at least reinvesting in new energy sources (even green) and paying dividends to help support little old ladies in retirement. They reference one WaPo article that says Big Oil profit could educate 60,000 kids... well the increasing endowments at Harvard could let Harvard build a dozen more Harvards and educate that many kids each year. Who should get nailed with a windfall profits tax?

http://www.evolvingexcellence.com/blog/2008/06/windfall-profit.html

Lani