Posted on 04/22/2011 1:04:38 PM PDT by Starman417
Yesterday Barack Obama promised to get to the bottom of the skyrocketing oil price barrel.
RENO, Nev. (AP) -- President Barack Obama said Thursday that the Justice Department will try to "root out" cases of fraud or manipulation in oil markets, even as Attorney General Eric Holder suggested a variety of legal reasons may be behind gasoline's surge to $4 a gallon.
Apparently Obama just learned that high gas prices cost more than lower gas prices.
Obama, decrying such levels as yet another hardship "at a time when things were already pretty tough," said Holder was forming the Financial Fraud Enforcement Working Group.
There's no evidence of fraud, so Obama's going to investigate fraud.
Given that no evidence has yet surfaced of actual fraud or price manipulation in oil markets, Obama's remarks appeared, at least in part, as more of an attempt to assuage public anger over rising gas prices.
Ya think?
Maybe he ought to have a close look at this guy talking to John Harwood. Harwood interviews the guy who supports higher gas prices.
[VIDEO AT SITE]
Or maybe he should investigate this guy.
[VIDEO AT SITE]
This is the guy who said that government price signals should be used to change behavior. He also admitted that his electricity plans are simply a means of wealth redistribution.
Obama said that coal-powered cars would become cheaper
Asked by a member of the audience about prospects for advancements in clean energy, Obama predicted that, with time, prices of now-expensive devices such as electric cars would come down.
Obama used flat screen TV's as an example
"Having a flat-screen TV used to be a big deal," Obama said. But he said now such TVs are commonplace because prices have dropped so much.
Without any interference from the frickin' government, thank you.
(Excerpt) Read more at floppingaces.net...
He talks the talk, but can’t walk the walk. Sorry, he is the biggest FRAUD & JOKE on America EVER!
Oh, and he can shove his ELECTRIC CAR, you know where!
THe man is so stupid he thinks people believe what he says!
Buy me some damn gas Barararack!!
Dr.John came up with the perfect title!!! Man-uhbama is either the dumbest man ever to sit in the Oval Office, or he is one lying sob.
If he is allowed to get away with destroying the oil market and then to use Holder to nefariously save the day by using what money that we don't have to bring prices down before the election only to get reelected then there must be impeachment hearings for the sake of our nation.
Holder may recommend nationalizing the oil companies so the government can set the price.
WHICH OBAMA LIE ARE WE BELIEVE?
The one in which he said “Under my plan energy prices must rise.”
Or the one that said in 2009:
“High energy prices are the fault of Bush and Cheney”????
What’s even more scary are the amount of American’s who continue to support him. I mean how stupid can you be? Your stabbing your own children and grandchildren in the back. Not to mention what will happen to us over the next decade and that’s if were lucky. It could be as little as a year or two.
This fool is talking to his fools! This lying decietful bastard needs to be removed from office thrown in jail along with his posse. Do we hear any GOPers out there singing the same song? No of coarse not, which leads us to believe they are not with the American people. Will we sit idly by and allow this street urchin and his gang bangers to destroy 235 years of liberty, while the GOP plays by the rules he has desecrated. I can only hope to see many of them in orange jump suits
Barack Hussein Obama,”My energy Policies will Necessarily cause Energy Prices to Skyrocket”
“Barack Hussein Obama,”My energy Policies will Necessarily cause Energy Prices to Skyrocket””
Forcing us to “conserve.”
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