Back in 2008, Barack Obama was all for oil pipelines
Now he is endangering America’s energy future and killing jobs by blocking oil pipelines.
Gas at $6 a Gallon. Is this change you were hoping for?
Filed under: economy, energy, Obama Economy, Our Dear Leader, Politics
It’s official, gas has hit $5.999 in Florida, which for those of you with poor math skills, is $6.
Despite what that lying hack of a White House Press Secretary says, this is a direct result of our Dear Leader’s policies, including his monetary policies.
Just how is that Hopey Changey thing working out for ya?
Cato Institute Scholars fact check the SOTU speech
Filed under: economy, Obamaspeak, Our Dear Leader, Politics
If you don’t know about the Cato Institute, you should check it out.
A good start is the Cato Daily Podcast.
Obama’s Energy Policy
Filed under: economy, energy, Obama Economy, Our Dear Leader, Politics
Let’s review our Dear Leader’s Energy Policy.
He killed the Keystone pipeline, killing thousands of jobs and putting America’s energy supply at risk.
He had his eye on Brazilian oil, but it looks like the Communist Chinese are going to be on the fast track to get it.
Obama Forbids Uranium Mining on Federal Lands In Arizona for Next 20 Years
North Dakota Stuck Using More-Costly Railroads to Move Oil. “Right now, about 25% of North Dakota’s oil travels by rail. According to the CBS News report that ‘will increase exponentially with increased oil production and the shortage of pipelines.’”
Our Dear Leader is clearly against any proven technology and isn’t as really into alternate technology as his leftist supporters wish he was. His history with alternate technology more in line with Solyndra, which was much more of a political payoff than a good investment of taxpayer money.
Update: The Obama EPA is shutting down an oil refinery that will likely drive up gas prices in the Northeast. Higher energy prices is a goal of the Obama regime, so no one who has been paying attention should be surprised by this.
Supply & Demand
Dorian Electra is back with a music video about supply and demand.
A good lesson to learn as the after Christmas sales start
Friday Roundup
Here are a few thing that just may have flew under your radar.
Obama is admired by just 4 percent of Middle East Arabs in the new survey released by the Brookings Institution and University of Maryland. I seem to recall the lefties telling everyone that Barack Hussein Obama understood the Muslim world and would improve our standing there. Silly lefties, as TalkStraight correctly summed it up, “[The] Arab World does not admire people they consider weak.”
Our Dear Leader is continuing his version of a “jobs program”, by being on track to kill a potential 120,000 American jobs by stonewalling the Keystone Pipeline Project. Just what does he have against inexpensive, non-oil tanker required, conflict free, oil being available to the American people? It is almost as if he wants higher energy prices, rising inflation and an American economy stuck in a ditch.
Since QE1 and QE2 have been such dismal failures, Obama’s pick to head the Fed,Ben Bernanke, is looking to inflict QE3 on the American people. For those of you who forget just what “Quantitative Easing” is, here is an instructional video.
Chicago democrat, and old Obama buddy Tony Rezko gets a ten and half year prison term for “extorting millions of dollars from firms seeking state business or regulatory approval.” Ya, it does sorta sound like the Obama administration funneling “green investment” money to big democrat donors.
Business & Politics
Filed under: economy, Obama Economy, Our Dear Leader, Politics
Usually not a good mix for conversation, and certainly not a good mix where our Dear Leader is concerned.
His job killing policies are striking home at small businesses, which are usually the engine that drives job growth.
One small business has publicly stated it is in a hiring freeze until Obama is out of office. It’s not that they don’t want to hire, it is just that they can’t afford to between an economy where inflation is double the economic growth and oppressive government regulations drive the cost of doing business up.
Another important indicator is the falling support of blue collar democrats for the President. This was core demographic for him back in 2008. Without their support, his odds in 2012 are being coming even more anorexic.
Quote of the Day
Filed under: Culture of Corruption, economy, Obama Economy, Politics
Ann Barnhardt, former hedge fund manger gets right to the point:
A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global.
Read the whole thing. It is refreshingly, and brutally honest.
A couple of more economics music videos
In the tradition of the Hayek vs. Keynes rap videos, come these two economics themed videos by Dorian Electra
Obama’s EPA will shut down 28 GW of American Electrical Production
Can you say “rolling brown outs” boys and girls?
Our Dear Leader is once again keeping one of his campaign promises and shutting down electrical power plants that use abundant domestic fuel sources (i.e. coal).
Don’t worry though, as our Dear Leader also promised, there will be plenty of alternative energy brought on line by technological breakthroughs that will more than make up for the 28 GigaWatts being removed from the American electrical grid.
Oh, what’s that? President Obama isn’t keeping that promise? Well, at least he tried. OK, wasting a half billion of Tax Payer dollars on the predicted failure of Solyndra doesn’t really count as “trying”, but it did funnel that money in to the hands of big Obama donors!
Use that thought to keep you warm as your electricity cuts out on regular basis because your local power grid can’t sustain a base load.