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McCain's $300M Sweepstakes

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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