An Energy Tax for Europe
George W. Bush’s disastrous war in Iraq has put Europe in a bind. The United States long has been Europe’s protector. Now, because of a war it wanted no part of, Europe finds its security undermined.
Chaos in Iraq has empowered Iran – a much more dangerous country for Europe than Iraq ever was. And, with America bogged down in Iraq, Russian President Vladimir Putin has resurrected Soviet-style bullying tactics. Would Russia otherwise have dared to threaten to re-direct its nuclear missiles at European cities?
Not only has Bush destroyed Iran’s most formidable enemy and bogged down US troops in a hopeless cause; he also has enriched energy-abundant Iran and Russia by pursuing a war that has dramatically raised energy prices. High crude oil prices make it easier for Iran to build nuclear weapons and for Russia to use energy blackmail to threaten Europe.