The Reasons For Soaring Gas Prices
Not Another One???
Even Stevie Wonder Can See Some Of This
The subtitle may cause some liberal loons to hit the "vote down" button saying I'm being hateful toward blind people but come on. I happen to like and admire Mr. Wonder. But the obvious is the obvious is the obvious. I have grown tired of hearing Obama's voice as we have to hear it too often so it was a struggle to listen to this several times in order to understand what he is REALLY saying. Take a listen.
I'll first cover his misstatements. Understand that Obama thinks the majority of Americans are stupid. When I analyze what Obama says I always have to remember to watch what he is, or isn't, doing and not what he is saying. So lets take a look see.
He starts off by telling us about 2 million jobs over the last 13 months. Remember how his stimulus plan was going to make sure that unemployment would never rose above 8%? At year end '09, it closed at 10% and had risen as high as 10.2%. He blew close to a trillion of our dollars out the window on that. And now he's worried about a 4 billion dollar subsidy to oil companies? Unemployment is still in the high 8's to low 9's depending on who is counting and who they are counting or not counting. His gain claim is ludicrous. You lose 4 million jobs and recover 2 million jobs which still leaves how many more unemployed than when he took office?
Gas prices have more than doubled during Obama's tenure He failed to explain that phenomenon. Instead he wants to hit up big oil companies for their increased profits. Of course, he wants to make big oil the Boogie Man. Nothing he has done, or left undone, has caused that increase. Right? Actually wrong. Profits go up as prices go up. Profits go down when taxes go up. But prices remain the same, of continue to go up, because those taxes are passed along to the consumer to help cover the cost of doing business. Basic economics there
Then his "scouring" the federal budget gave me cause to hit the pause. Isn't this the same guy who recently said he didn't want "one dime" to be cut from his budget? You mean to tell me that Obama and the Democrats have suddenly found fiscal religion? Isn't this the same party who were raising hell about cutting subsidies to Planned Parenthood, which happens to be the largest provider of abortions in the country? We all usually need gas but we don't all usually need an abortion. Or maybe NPR is a more worthy cause than oil? The list of things could go on about things we can do without but oil isn't on that list. He's worried about the Oil Company Boogie Man while still adding $1.6 trillion to our federal deficit this year.
His "scouring" statement reminded me of his campaign promise to "scour" the federal bureaucracy from top to bottom and get rid of the dead wood. We see how far that boogie man got our from under the bed. The stimulus created 127,000 new federal jobs, not productive jobs but jobs neer-the-less. He has added departments and regulatory czars, with attendant staffs, to new levels. If that is his definition of scouring, I'll use a sponge instead. The federal monster has grown by over 10% since he began using his scrub brush. That's some expensive cleaning in my opinion.
If he has a problem with "unwarranted" subsidies then he needs to look at his health care bill where we're subsidizing early union retirees to the tune of $5 billion. No ax there huh Obama?He's focused on lesser amounts than what his pets call for. Instead he would rather focus on political Boogie Men. Same President, different day. None of this is his fault now, according to him anyway. He's just an innocent victim like the rest of us, only he is jetting around the world on our dime. He surely feels the pain at the pump, or the grocery store or the... You get the pic I'm sure.
He contends that domestic oil production is the highest since 2003 which Politifact considers "mostly true." Here's the link so you can look at the numbers and caveats at the bottom for yourself:
Seems the Prez is toting big numbered increases again without mentioning that in reality domestic production has remained relatively stable over the eight year period. The percentages are minuscule compared to the demand for oil in the same period. He also failed to clue us in that the Energy Information Agency is expecting a decline for the next two years in domestic production. Lets see here. About how many years does Obama have to remain in office? Their prediction has nothing to do with his tenure. I suppose that is just a coincidence. It's the things Obama doesn't say that I watch for and cue in on. I suggest you read what Politifact says about the "facts."
"I'm not opposed to pursuing oil." From whom are you pursuing that oil Obama? Brazil? You want us become their "best customer" at an 8 billion dollar price tag. So what's a mere 4 billion?. Hells bells, that's only half of what is being forked over so Brazil can drill - baby -drill. How about we "invest" 8 billion here off our own shores and up in the ANWR to tap into our own goodies.
Finally we get to the real part of his message after he has exorcised his boogie men. What's that? The furtherance of his "green agenda." One must always have a boogie man from which to take in order to feed your own boogie man. His use of "investments" comes in here again. He's talking about "spending" again when he goes there, and he's not spending his money but ours. This time in history isn't the time to be chasing windmills and sun shine. We are still in a recession, even if Obama doesn't believe that. Most economists are predicting a double dip if oil prices continue to escalate as they have. That escalation has very little to do with Obama's Oil Boogie Man making a profit this year. Since gas has more than doubled since he took office, of course profits increase but the proportion isn't there if you examine the numbers just a little bit.
The end of his address was the real thrust of the matter. He "refuses" to scale back spending, as needed, to promote his green agenda. Everyone wants to cut something as long as it isn't there something that is being cut. Let private enterprise handle the economy, what is produced, how it is produced and the volume of production. That's usually a much better means of handling any economy versus continual interference by the federal government and trying to force something down our throats that isn't economically feasible in a tough economy.
Either that or just keep creating boogie men and hoping for the best.
Or maybe DRILL - BABY - DRILL and really break our dependence on foreign oil and his boogie men to be.
As Always,
The Frog Prince
