Posted by
fufodog on Saturday, October 31, 2009 3:13:49 AM
The Formula 1 season comes to a close this weekend with Jenson Button
having wrapped up the championship in the last race in Brazil. This weekend's
penultimate race is on a brand new $1 billion track in Abu Dhabi. I saw
the track for the first time today in the practice session broadcast.
WOW! What a facility! Expensive, modern, high tech. The track is built
next to a marina with countless yachts docked to watch the race. One of
the vessels can only be modestly called a "yacht." It's a freaking
SHIP! The announcers were compelled to explain that it was not a
building we were seeing in the background shots.
Anyone who pays any attention to current events knows that Abu Dhabi,
in the Unite Arab Emirates, is swimming in wealth. While the rest of
the world's economies are faltering and the U.S. is in the worst
recession in eight decades, how come the UAE is realizing untold wealth
and we're not?
Oil. The entire economy of the UAE is built on oil. The U.S. buys oil from the UAE as do many countries.
The U.S. has as much oil as the UAE. We also have coal, natural gas,
and the technology to build nuclear power plants; just like France does
and just like we're "encouraging" Iran to build. However, our
government will not allow us to explore, mine, develop and use those
resources. While our appointed "rulers" in Washington (and Sacramento)
fiddle while the U.S. burns, there is untold wealth ready to be made
available to the American people. And, with today's technology, it can
be acquired and used with little or no environmental impact. Just ask
the Norwegians, some of the greenest people on Earth, and who drill for
oil off their beautiful pristine coast.
I encourage everyone to watch the Formula 1 race this weekend. It
should be a good race in spite of the World Champion already being
decided. The only other spot that's assured is fourth place and all
others are up for grabs. And while you're watching, take notice of the
extraordinary riches that are within our grasp and could stimulate our
economy like no Government program ever has. If only our misguided,
irresponsible politicians weren't committing national suicide that is.