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LETTER: 'Career Politicians Like Markey are Holding Our Economy Back'

Committee to Elect Jeff Semon on jobs and wealth; Semon is running against U.S. Rep. Edward Markey, to represent Framingham and the fifth congressional district.

In a move that further exemplifies why we must redirect our government in order to restore our economy, U.S. Rep. Ed Markey has decided to fight the law of supply & demand. His consistent failure to understand basic economics damages our economy - in this instance, by stifling job creation and energy independence.

In a letter to Energy Secretary Steven Chu, Markey questioned the impact of allowing U.S. companies to export liquefied natural gas with the following statement:
'I am worried that exporting America's natural gas would raise energy costs for American consumers, reduce the global competitiveness of U.S. businesses, make us more dependent on foreign sources of energy, and slow our transition away from dirtier fuels.'

This statement is another example of how career politicians like Markey are holding our economy back. Recent advances in natural gas exploration have brought us to the point of oversupply in the U.S. market. This situation provides a unique opportunity to be a net energy exporter for LNG (liquefied natural gas). Being at a point of oversupply means that we have reached our capacity to consume LNG domestically. Mr. Markey’s proposal to artificially inhibit exports  will yield the precise outcome that he allegedly wants to avoid;  namely, reducing the global competitiveness of U.S. businesses.

Last year, in an $8 billion 20-year deal,  the Energy Department approved the first application by Cheniere Energy to export LNG to the UK.  This is a step in the right direction. Other countries will start sending their money to us instead of us sending our money overseas.

Natural gas is cleaner than oil. It is also more abundant than oil in the United States and it provides an excellent vehicle for job creation. As we speak, many LNG import sites across the U.S. largely sit idle as exporters (to the U.S.) shift their LNG supplies to emerging markets that will pay a premium for natural gas. Among the sites built on the anticipation of large LNG imports is SUEZ Energy North America located in Everett.

SUEZ is a natural gas importer and large contributor to Mr. Markey’s campaign.

Now imagine if the Everett LNG import site became an export site. Imagine hundreds of workers becoming employed in the conversion process from importer to exporter. Imagine job growth in and around Boston if it became a hub for energy exports, with every tanker that passes through Boston harbor another reminder of economic growth here in America. This isn’t a far fetched concept.

Right now, Dominion Resources Inc (D.N) is considering plans to build a liquefied natural gas export plant on the site of its existing import terminal at Cove Point, Maryland, by 2015. Southern Union Co. is launching similar plans at their Lake Charles, La., LNG import terminal as well.

What is standing in the way? Rep. Markey.

Career politicians like Markey (who was elected in 1976, the year I was born) are fundamentally incapable of grasping the negative effects of blocking incredible opportunities such as these.

In addition to his myopic view of energy development here in the U.S., Markey is engaged in a serious conflict of interest by sitting on both  the House Energy and Commerce Committee and the Natural Resources Committee, attempting to regulate the energy industry while accepting campaign contributions from its lobbyists.

Besides SUEZ Energy, Markey has accepted contributions from Chesapeake Energy, Interstate Natural Gas Assn of America, Spectra Energy and Washington Gas Light Co., all companies within the natural gas sector.

Accepting contributions from these companies is not illegal, but threatening them with adverse legislation, application delays or public scorn is tantamount to a shakedown. This is just the latest demonstration of Markey’s questionable ethics. There are numerous others, including examples relating to the solar and telecommunications industries.

For the sake of our national economy, and to help  the hard working men and women who are struggling to find a job in Massachusetts’ 5th District and across the country, it is high time that we voted Markey out of office. I look forward to being the candidate to make it happen.

Semon (pronounced Simone) is a candidate for Congress in 5th Congressional District. A graduate of the University of Massachusetts, Amherst - School of Management, Semon is a senior business analyst. He and his wife Nicole live in Lexington and recently had their first child Eleanor in  December. 

Submitted by the Committee to Elect Jeff Semon

Jim Rizoli January 16, 2012 at 05:17 AM
Career Politicians....that about sums him up! Markey keeps getting elected by the Democrats who rubber stamp him every time. Forget about what is best the rest of the people. He has settled into a cushy job that no one has taken a run at seriously for a while. There should be a law that you can't hold a public office for more than two terms. I think he's been in there long enough and he's done enough damage. Jim@ccfiile.com
J. K. Rastani January 16, 2012 at 02:58 PM
J.K.Rastani Ed Markey is one of the most intelligent, effective Congressmen in the House. The reason that he is the "Dean of the entire New England delegation" is becase he is so effective! He knows more about telecommunications and security than just about anyone in D.C. As for term limits, we have term limits. We just call them elections!Congressmen must run for re-election every two years. If Markey wasn't doing a good job, he wouldn't get re-elected.
Mel Warshaw January 16, 2012 at 07:54 PM
Congressman Markey has a long history and commitment to protecting the environment while at the same time advocating for a low-cost and environmentally friendly energy policy. He is recognized as one of the most knowledgeable persons in the country on energy matters. To be attacked on his strength and expertise by Mr. Semon, who has no such credibility and who evidently aligns himself with the special interests, anti-environmentalists who have taken over the Republican Party, is ludicrous and he should not expect to be taken too seriously by those of us who are familiar with Markey’s record. My trust on most issues, and certainly energy issues, remains with Congressman Markey. And referring to him as a career politician is not helpful. We need to get rid of the bad ones and reward the best ones.
Jim Rizoli January 16, 2012 at 08:01 PM
He has supported illegal immigration from the get go, and I'm supposed to like that? How off base can a guy be. He's a traitor and should be run out of office. But some of you folks here like these type of Un-American politicians. Why defend our borders, that just might be the right thing to do. Jim@ccfiile.com
Ashish Dimri January 17, 2012 at 03:55 AM
If there is economic ruin all around, it is because of the political masters who claim the divine right to guide our lives. This is true everywhere, be it a military-backed dictator or a democratically elected president. The coterie that runs a nation remains the same, irrespective of the cloak it wears. Trade & industry should operate on the principles of sound economics. If someone is sitting on a resource & have spends his money on developing it, he/she has full right to use it as he/she deem fit (as long as he/she is not causing anyone bodily harm). Politicians should rise above the emotional blackmail & debate on rational economic grounds. They lack the intellect to develop technology that has eased human lives, let them prove they have the brains to discuss issues without resorting to jingoism.
Jim Rizoli January 17, 2012 at 04:17 AM
Ashish.....Couldn't of said it better! Jim@ccfiile.com

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