Are you ready for this? - East Valley Tribune: Ahwatukee Foothills

Are you ready for this?

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Posted: Thursday, March 31, 2011 5:00 pm | Updated: 3:22 pm, Fri Sep 16, 2011.

If you're not a news junkie, some of this commentary may come as a surprise. For those of you who keep up with the words and travels of our President, it's just another day at the Office of the Double Standard.

Our President made a trip to South America the week of March 21, 2011. He stopped at Rio de Janeiro, Brazil and Santiago, Chile.

In Rio, President Obama made a speech in which he talked of supporting the offshore oil drilling efforts of Brazil while suggesting we, the U. S., would be their largest customer when the time was right.

Brazil is a socialist nation, which oversees Petrobras, the government-owned oil company. About two years ago, Obama gave Brazil $2 billion of our tax dollars to help sustain Petrobras.

In Santiago, he praised Chile's great work in developing its capitalist economy by following the classic supply-side economics of Nobel Prize winner, Milton Friedman, Ph.D. The economists in the Chilean government who performed miraculous feats of economic legerdemain called themselves "The Chicago Boys" in honor of Friedman, who was an economics professor at the University of Chicago.

When it comes to understanding the economic principles of President Obama, we have an enigma wrapped in a riddle, as Winston Churchill may have observed.

On one hand, he encourages drilling in socialist Brazil, while eschewing it in the U.S. Yet, if we drill here and create jobs, we'll destroy the ecological balance of the world as we enhance our economy.

If we use our own fossil fuel resources, we can become energy independent within a few years and our economy will be humming along again. This is a good thing! If the choice is economic strength versus that of a questionable global warming dogma and economic collapse, which will you choose? Looks like a no-brainer to me.

On the other hand, when you consider the kudos he gave capitalist Chile for its use of classic economics to emerge from the fascist/socialist doldrums induced by the dictator Augusto Pinochet, you have to wonder why he won't use the same classic economic principles in his own country. Capitalism is OK for Chile but not for we'uns? Is a puzzlement.

Salaam comrade.

• Don Kennedy is a graduate of Dartmouth College with a degree in sociology. He has been a resident of Ahwatukee Foothills since 2002.

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