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Wednesday, June 04, 2008

All About Me

Here is how our baby-boom generation solves problems:

1. Recently, George Bush went to Saudi Arabia to ask the ruling House of Saud to pump more oil. That request had about as much chance of success as the Democratic-led congressional effort to “sue” the Saudis in American courts for their selfish “price-gouging.”

The current debate about energy in the United States has devolved into doing the same old thing — consume, don’t produce and complain — while somehow expecting different results. Congress talks endlessly about the bright future of wind, solar and new fuels, while it stops us from getting through the messy present by utilizing abundant coal, shale and tar sands; nuclear power; and oil still untapped in Alaska and off our coasts.

2. For the past five years, we fretted over a “housing boom” that had priced an entire generation out of the market. In response, government and lending agencies got “creative” by relaxing standards to allow shaky “first-time” buyers into the red-hot market of high-priced homes.

Read the whole article at Victor Davis Hanson’s website.

http://www.victorhanson.com/articles/hanson060408.html

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