Dems: "promote independence" = punish business and by proxy, consumers

Naturally I'm talking about oil, folks. Something that's cheaper and easier to get everywhere else on the planet - and as a result, domestic production is a rusting shadow of it's former self.

The good news is the Dems' regognition that given the lack of a mandate for their reign in Congress, there's a limited amount of punishment they can mete out:

Hot-button issues such as a tax on the oil industry's windfall profits or sharp increases in automobile fuel economy probably will not gain much ground given the narrow Democratic majorities in the House and Senate.

The bad news is that energy independence has a different meaning to the left than it should. Indeed, their plan is to discourage it:

Incoming House Speaker Nancy Pelosi, in an outline of priorities over the first 100 hours of the next Congress in January, promises to begin a move toward greater energy independence "by rolling back the multibillion dollar subsidies for Big Oil."

The subsidies in question are intended to encourage domestic production, something that has become excessively cumbersome and costly due to decades of liberal regulation and roadblocking:

Topping the list for repeal are:

_Tax breaks for refinery expansion and for geological studies to help oil exploration.

_A measure passed two years ago primarily to promote domestic manufacturing. It allows oil companies to take a tax credit if they chose to drill in this country instead of going abroad.

Of course, these are going to be easy targets for the Democrats, as the oil companies are none too popular with folks on the right or left after posting record profits in recent quarters. I accept that I'm in the minority on this issue.

But a little common sense should be applied here. Shouldn't any legislation pitched as promoting "energy independence" make domestic harvesting and refining of oil cheaper and easier? Seems to me this will have the exact opposite effect.

Keep an eye on the horizon, though, as there are darker views on the oil companies that if acted upon, will serve to punish the poor and middle class even further:

Last spring, Sen. Charles Schumer (news, bio, voting record), D-N.Y., said if the country is to reduce its addiction to oil and high energy prices it needs a "crash program" to develop more alternative energy sources, dramatically increase conservation and examine "whether or not we should break up the big oil companies."

Next year, Schumer assumes the No. 3 leadership position among Senate Democrats and will be one of the party's top strategists.

I'm tempted to quote Milton, who wrote several good passages about the petty behaviour the left's proposals demonstrate. Instead, I'm going to butcher a quote from Jean Baudrillard - originally in reference to Halloween, it easily and accurately adapts to our new Congressional majority:

There is nothing funny about the left. This sarcastic festival reflects, rather, an infernal demand for revenge by children on the adult world.