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McCain’s $300M Sweepstakes

Posted on Jun 23, 2008
AP photo / Gary Kazanjian

John McCain talks energy at Fresno State University in California on Monday.

John McCain is showing his commitment to lessening America’s dependence on foreign oil by offering a $300 million prize to anyone who can conjure up a superior automobile battery, energy-wise, than the current standard.  But at the same time, he’s supporting Bush’s push to lift the ban on drilling in U.S. coastal waters.

AP via MyWay News:

“In the quest for alternatives to oil, our government has thrown around enough money subsidizing special interests and excusing failure. From now on, we will encourage heroic efforts in engineering, and we will reward the greatest success,” McCain said in a speech at Fresno State University.

Afterward, McCain distanced himself from comments in which top adviser Charlie Black said another terrorist attack this year on U.S. soil would benefit his candidacy against Democrat Barack Obama.

Black, who has been in the spotlight for his past work as a lobbyist, is quoted in the coming July 7 edition of Fortune magazine as saying such an attack “certainly would be a big advantage to [McCain].”

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By rage, June 25, 2008 at 1:00 pm Link to this comment
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Tesla Motors ought to call this old codger to call his bluff. That particular battery already exists and is offered by Tesla.

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By Thomas Billis, June 24, 2008 at 1:11 pm Link to this comment

The “energizer bunny"has already applied for the 300 million.He claims he keeps running and running and running.

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By Farfalla, June 24, 2008 at 12:17 pm Link to this comment
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At least McCain offers something concrete and tangible. Obama has yet to present us with clear, specific plans on how he would deal with the problems given to us by Bush and his henchmen. Where is Obama’s plan to resolve our energy problems? Where is his plan to deal with the economy? All I keep hearing is how this guy is defending himself. That’s not evidence of leadership. When Marjory Ross and company release their book, the Democrats may need to find another candidate, one who offers more than a vague notion of change. I know the media supports McCain, and thus he has a distinct edge, but Obama had better start noticing what’s going on in the U.S. and to respond with clarity and precision.

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By jatihoon, June 24, 2008 at 8:28 am Link to this comment

Is that a bribe or incentive, or buying votes?Where the money is going to come from, who will decide etc etc etc,” King of Thigh-Land or Mouth-land”

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By Pacrat, June 24, 2008 at 4:18 am Link to this comment
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McCain’s proposal to award a prize of $300,000 is certainly generous of him and his wife. Without knowing it, he is right about the need for improved batteries, but not for cars, for the storage of solar power. John is willing to put some of hiw own personal money into the pot - good for him. He is a good example for his Enron friends.

However, all the Administration and Congress have to do to deal properly with the is make it a real priority, not just a rhetorical one. Empty plan!

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