Eric Holder's CBS Interview

Transcript

Palin Palling Around With Ethics Violaters

Alaska's Sen. Ted Stevens found guilty on all 7 counts.

Palin: Ms. Earmark

WaPo: ST. PAUL, Minn., Sept. 1 -- Alaska Gov. Sarah Palin employed a lobbying firm to secure almost $27 million in federal earmarks for a town of 6,700 residents while she was its mayor, according to an analysis by an independent government watchdog group.

There was $500,000 for a youth shelter, $1.9 million for a transportation hub, $900,000 for sewer repairs, and $15 million for a rail project -- all intended to benefit Palin's town, Wasilla, located about 45 miles north of Anchorage.

In introducing Palin as his running mate on Friday, Sen. John McCain cast her as a compatriot in his battle against wasteful federal spending. McCain, the Republican presidential candidate, hailed Palin as a politician "with an outstanding reputation for standing up to special interests and entrenched bureaucracies -- someone who has fought against corruption and the failed policies of the past, someone who's stopped government from wasting taxpayers' money."

McCain's crusade against earmarks -- federal spending sought by members of Congress to benefit specific projects -- has been a hallmark of his campaign. He has said earmarks are wasteful and are often inserted into bills with little oversight, sometimes by a single powerful lawmaker.

Palin has also railed against earmarks, touting her opposition to a $223 million bridge in the state as a prime credential for the vice presidential nomination. "As governor, I've stood up to the old politics-as-usual, to the special interests, to the lobbyists, the big oil companies, and the good-ol'-boy network," she said Friday.

As mayor of Wasilla, however, Palin oversaw the hiring of Robertson, Monagle & Eastaugh, an Anchorage-based law firm with close ties to Alaska's most senior Republicans: Rep. Don Young and Sen. Ted Stevens, who was indicted in July on charges of accepting illegal gifts. The Wasilla account was handled by the former chief of staff to Stevens, Steven W. Silver, who is a partner in the firm.

McCain's Oil Drilling Hoax

Unfortunately, issues like these are too detailed for many people. McCain says he can make gas prices go down and people get happy. But I post anyway. In hopes.
Note that the price of oil has come down significantly but gas prices haven't.

RCP The prospect of significant new petroleum resources that could be available so soon would be excellent news -- aside from the obvious impact of burning still more oil -- if only what the senator said was true. But what he said actually made no sense whatsoever, as a statement about the future development of domestic oil, the alleged need to increase drilling off our coasts or the resources that such drilling might produce. So let's unpack that McCain statement (which was overshadowed by the news that his dermatologist had just removed a small lesion from the 71-year-old melanoma survivor's right cheek).

It may be true that "existing rigs" could produce additional barrels of domestic oil immediately, whether on land or in the ocean, as Sen. McCain suggests. If so, he might want to ask his friends in the oil business why those rigs aren't producing more oil now, at prices above $120 a barrel. An existing rig by definition is a rig that is operating legally on property already leased for exploration -- and can produce oil unencumbered by any environmental constraints on drilling. In case the senator doesn't understand, an existing rig is where someone has already drilled a well.
Where companies would have to install new rigs, the question is whether a lease already exists or whether the government would have to grant a new lease. New drilling on the Outer Continental Shelf would mean new leases that are now illegal.

But as the Associated Press reported last month, nearly 75 percent of the existing leases on federal lands held by petroleum companies are currently producing no oil. Those companies today hold nearly 30 million acres dormant, according to the AP. Nobody in the federal government even knows whether any exploration has taken place over the past decade.

Did you catch the news of republican Senator Ted Stevens of Alaska now being accused of accepting lavish gifts from oil companies? Where do oil companies want to drill? Alaska!

Who's pushing drilling? Bush McCain. The Bush-Cheney administration was all about oil. 

Recently, oil execs gave $1 million to McCain's campaign. 

The more we continue to rely on oil, the less attention will be paid to alternative and renewable fuels. 
AP on the oil hoax
NPR on oil drilling
The Institute for Energy Research on drilling