Larry Kudlow has a powerful line for McCain to attack on:
Kudlow's Money Politic$ on National Review Online:
Will John McCain turn Tsar Putin’s invasion of Georgia into a drill, drill, drill issue? He should. It will throw Democrats even more on the defensive — especially Sen. Obama whose weak response to Putin’s neo-Soviet actions have already put him way behind the eight ball on Russia.
McCain’s responses have been superb. And President Bush today adopted many of them — in particular the warnings on world trade, the G8 (G7?), and a Truman-like airlift of humanitarian assistance relief. Even sending Condi Rice over there and putting SecDef Bob Gates into play.
McCain has been appropriately tough all along. And this Putin ploy will resonate with voters much more than Beltway pundits believe.
But global strategist Thomas Barnett has the energy angle on Russia’s invasion of Georgia exactly right. He says, “Now we all have clarity about the nasty nature of Putin’s Russia,” and this gives us clarity on the need to dramatically reduce our dependence on foreign oil. He asks: Why would the U.S. want to expose the American economy to the potential risk of being held hostage by a couple of oil pipelines that run through the old Soviet empire? He goes on to say, “It’s all-of-the-above time, gang."
John at Powerline says McCain did just this in a radio address on Saturday.
Powerlineblog quoting McCain:
Georgia stands at a strategic crossroads in the Caucasus. The Baku-Tbilisi-Ceyhan pipeline, which brings oil from the Caspian to points west, traverses Georgia. And if that pipeline were destroyed or controlled by Russia, European energy supplies would be even more vulnerable to Russian influence.
There are many reasons why the Russian invasion of Georgia is of grave concern to America and to our allies. Above all, Georgia is a struggling democracy where Soviet tyranny is still fresh in memory. And when young democracies are threatened or attacked, and innocent civilians are targeted, they should be able to count on the free world for support and solidarity.
Another very serious concern is the effect of this aggression and conflict on the world energy market. For some time now, I have been making the case for a dramatic acceleration of domestic energy production, primarily on economic grounds. With high prices and growing demand for oil and gas, Americans cannot remain dependent upon others for the most vital of commodities. But now we are reminded that energy policy is also a matter of the highest priority for our nation's security.
John: McCain aligned himself unequivocally with the "all of the above" approach championed by Congressional Republicans:
All of this only adds to the urgency of producing more of our own energy, including America's enormous oil reserves that lie offshore. We need to drill here and drill now, so that our energy supplies and the strength of our economy do not depend on the decisions or dictates of foreign powers.
On energy policy, my opponent and his allies in Congress offer only half measures or no measures at all -- as in their shared opposition to offshore drilling. In the long term, most everyone agrees that America must shift toward alternative energies like wind, solar, tide, hydrogen, and bio-fuels. But my opponent's policies fail to meet the challenges of the immediate future. To achieve energy independence, America will need every resource at our disposal, including nuclear power and the use of our abundant coal supplies that lie from Colorado to West Virginia. America has multiple choices in the great test of energy independence and the right answer is "all of the above."
John: We can hope, perhaps, that before long "all" will include ANWR, as well.
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