The U.S. as the New Saudi Arabia: An Environmentalist's Nightmare? | PBS NewsHour
- "I have always been struck by a quote from Otto von Bismarck: 'God has special providence for drunkards, fools, and the United States of America.' Walter Russell Meade wrote a whole book on this theme. It's ironic that by all reasonable metrics, the United States should be heading for an epic debt crisis similar to what European countries are already experiencing. We have had far too much easy money far too long. Our spending is profligate and our entitlements are out of control. Washington's only answer to the entitlements crisis has been to create new entitlements on top of the old ones. But oil and gas may be the Get Out of Jail Free Card that gives us one last chance to mend our ways."
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