Sometimes, you see two headlines and they sum up an issue nicely. Especially when the subjects of both headlines are two presidential candidates' solutions to roughly the same problem. I had this experience looking through Reuter's headlines yesterday. The two headlines are "McCain calls for $300 million prize for car battery" and "Obama vows to crack down on oil speculation."The McCain headline deals with McCain's approach to oil prices and energy problems. Like his offshore drilling idea, McCain's non-existent battery might possible pay off within ten years. With gas prices rising as quickly as they are, in ten years it might be cheaper to buy a car that runs on diamonds. Unless an immediate problem can be addressed by sending in more troops, John McCain doesn't seem to have any idea what to do about it.
Republican John McCain said on Monday if elected he would propose awarding a $300 million prize to the auto company that develops a next-generation car battery that weans America off oil.
McCain sought to portray himself as a forward-looking leader on solving the U.S. energy crisis a week after taking heat from Democrats for reversing position and supporting offshore oil drilling.
"Whether it takes a meeting with automakers during my first month in office, or my signature on an act of Congress, we will meet the goal of a swift conversion of American vehicles away from oil," McCain told a town hall meeting in Fresno, in rural central California.
And this addresses oil prices how? McCain is basically saying, "I've got no idea what to do. Here's a buttload of money, can I buy an idea?"...
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