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June 16, 2008 |
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Story #1: King Abdullah: We'll Pump More; You Cut Taxes
RUSH: King Abdullah of Saudi Arabia says, "Okay, okay. We'll pump 500,000 more barrels, but you gotta lower your gas taxes." But if it's okay for him to pump 500,000 more barrels how come it won't matter if we pump a million from ANWR, liberals? Hmm?
Story #2: Private Sector Scientists Make Bugs Crap Crude
RUSH: I found a fascinating story in The Times Online, the UK Times Online: "Scientists Find Bugs That Eat Waste and Excrete [Oil]." Let me give you the details, here. "'Ten years ago I could never have imagined I'd be doing this,' says Greg Pal, 33, a former software executive, as he squints into the late afternoon Californian sun. 'I mean, this is essentially agriculture, right? But the people I talk to -- especially the ones coming out of business school – this is the one hot area everyone wants to get into.' He means bugs," and energy. "To be more precise: the genetic alteration of bugs -- very, very small ones -- so that when they feed on agricultural waste such as woodchips or wheat straw, they do something extraordinary. They excrete crude oil. Unbelievably, this is not science fiction. Mr Pal holds up a small beaker of bug excretion that could, theoretically, be poured into the tank of the giant Lexus SUV next to us. Not that Mr. Pal is willing to risk it just yet. He gives it a month before the first vehicle is filled up on what he calls 'renewable petroleum'. After that, he grins, 'it's a brave new world'."
 Now, this guy, Greg Pal, "is a senior director of LS9, one of several companies in or near Silicon Valley that have spurned traditional high-tech activities such as software and networking and embarked instead on an extraordinary race to make $140-a-barrel oil (£70) from Saudi Arabia obsolete." So, what's happening? The point of this (aside from just being hilarious) is they have found a way to feed certain bugs certain food and they excrete petroleum. They excrete crude oil. Now, bugs are in plentiful supply. We all know this. There are far more of them than we want to mess with. They're all over the place. Everybody is talk about alternative sources of energy. Everybody's talking, "We gotta do something! We have to raise taxes! We have to take the oil companies' windfall profits! We have to take their more than and plow it into alternative energy," and the government sponsored garbage that won't amount to anything -- wind and windmills and solar power.
Here are some guys in the private sector who somehow decided to focus on bug crap, because they somehow figured that bug crap would be oil, crude oil. So while the government and all the people who love the government are out there (sobbing), "Please, do something! Don't drill. Don't drill, but do something! We need alternative forms of energy..." This is not a rumor. I have a picture of stuff. Well, I printed out the second one. I have a picture of a guy holding a jar of the crude oil from the bug excretions. I mean, bugs don't have bowels, but for the sake of discussion the bug bowel movement creates oil, they got a big jar of it this guy is holding. This is not a rumor. "[O]ne of several companies in or near Silicon Valley that have spurned traditional high-tech activities such as software and networking and [they have been] funded by $20 million of start-up capital from investors[.]" Now, my friends, this is not supposed to happen.
All the very earnest, furrowed brows in Congress and the Drive-By Media have automatically denied that market incentives work with respect to energy. So it's impossible that private firms and entrepreneurs could be investing in research on ways to find new sources of new or placement sources for crude oil. No, no, no, no, no! Of course not. See, the way it works is this. "I can't think of what the next energy innovation must be, so therefore no one else can, either," meaning government has to do it. That's what I get. Government can do everything. I have said long ago that there are going to be people toiling away in their basements. Necessity is the mother of invention. The bottom line is you've got these guys out in Silicon Valley -- private sector, private capital -- fed up with 130-, 140-dollar-a-barrel oil. And they have found a bug, a bunch of bugs that excrete crude and they're working on it, and the government didn't know about it. The only thing surprising to me here is that if somebody is going to know what crap produces, it would be the government, because they got so much of it. But they missed this.
Story #3: Huffington Post Spreads Obama Terrorist Rumor
RUSH: We just had a caller from Tennessee, from Nashville, Tennessee, which provides an interesting transition to this story from the Huffington Post by Dawn Teo: "Tennessee Dem Party Leaders: 'Obama May Be Terrorist Connected.'" Democrat leaders in Tennessee. "It's understandable that a few prominent members of each party will not endorse their party's nominee, but it takes a special kind of ignorance for state party leaders to repeat rumors about the presidential nominee's alleged ties to terrorists. Fred Hobbs, a Tennessee Democratic Party Executive Committee member, told the City Paper when asked about the reluctance of Congressman Lincoln Davis to endorse Obama. 'I'm not sure we know enough about him. He's got some bad connections, and he may be terrorist connected for all I can tell. It sounds kind of like he may be.' According to the article, Hobbs then added that he was skeptical of Obama himself and said that he does not approve of some of the things Obama stands for. The City Paper reporter, John Rodgers, says Davis was unavailable for comment. When I called Davis's congressional office this morning, his staff said that he had not yet spoken with them regarding the matter. They were unable to make any statement or comment. According to the congressman's McMinnville office in Warren County, Davis is presently on the road doing 'county visits.'"
So the Huffington Post has repeated a story from a local paper in Tennessee that two prominent Democrat Party activists in Tennessee, members of the executive committee, don't like Obama because they think he has terrorist connections. Now let us see what the Associated Press does with this, because this is in the Huff Po, and this goes back to June 13th. This ran on Friday. There has been no mention of this outside the Huff Po that I can see. Now, on Monday the 16th, I have mentioned it, I have picked up on it, I have spread the word that these guys say that Obama is terrorist connected, Democrats who don't want to endorse him, Democrat Party officials in Tennessee. Let's see what happens with this now, because obviously I'm amplifying this story beyond the meager reach of the Huffington Post. That's right. Limbaugh: Obama equals terrorist ties. That will be the headline of the AP story, but when you read the AP story, it will quote these two Democrats and say, "Limbaugh spread this news joyously and eagerly, happily wallowing in the news that Democrats think that their nominee has terrorist connections." That's how this stuff works.
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