Congressional testimony by T Boone Pickens about his plan to make the United States less reliant on imported oil. I was surprised when I saw it because I thought You tube had a 10 minute limit!

I don’t understand his statement that the US is fighting both sides of the Iraq war for oil, and that it is for the benefit of the people who sell oil to the States. Comments anyone? I sense that he thought that the powers that be wanted to bankrupt the US at a quicker pace—but quite frankly the statement was lost on me. Although his statement that since the US now sends 700 Million per year on foreign oil and given the potential for higher prices this matter could increase dramatically.

Lot’s on benefits for the infrastructure in the States including a real boost to the Midwest states. I have heard other commentators stating that the plan makes sense, but T Boone will be positioned to make a lot of money. i guess you can be virtuous and greedy at the same time—sort of like Al Gore positioning Cap and Trade legislation while owning a piece of a carbon trading company with Goldman Sacks. Nothing wrong I guess but nobody should ignore the fact when evaluating the situation.

The latter statement is something I have only learned to do relatively recently. Meaning–respect somebodies actions yet understand that there is some self interest involved as well.

This may be that wisdom thing that is supposed to arrive when you get older—or maybe a toning down of the cynicism of youth.