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President Says High Gas Prices Are Sign of Prosperity
RightwingNews ^

Posted on 10/20/2012 1:05:51 PM PDT by navysealdad

In a desperate effort to try to persuade voters that the economy is starting to recover, President Obama touted high gas prices as “proof that things are better than most people think they are.”

“Rising demand is what pushes prices up,” Obama explained. “The fact that gasoline prices have more than doubled since I took office shows that people must be driving more. Since studies show that driving to work accounts for the bulk of most folks' travel I think it's safe to say that

(Excerpt) Read more at angelfire.com ...


TOPICS: Chit/Chat; Humor
KEYWORDS: satire

1 posted on 10/20/2012 1:05:54 PM PDT by navysealdad
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To: navysealdad

More satire from John; had my BP going once again.


2 posted on 10/20/2012 1:09:21 PM PDT by carriage_hill (The 0bummer Penguin & Bidet Joker: We played this country like a harp from hell.)
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To: carriage_hill

Haha, but it’s not satire - he said this during the town hall debate.


3 posted on 10/20/2012 1:12:55 PM PDT by andyk (I have sworn...eternal hostility against every form of tyranny over the mind of man.)
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To: navysealdad

Sadly, there’s so much economic ignorance out there that this gem from Ødious will resonate with far too many airheads.


4 posted on 10/20/2012 1:13:35 PM PDT by tomkat
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To: navysealdad

Mr President, please make gas $10 per gallon so our economy will soar.


5 posted on 10/20/2012 1:16:48 PM PDT by InvisibleChurch (the mature Christian is almost impossible to offend)
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To: navysealdad
Rising demand is what pushes prices up,

And the creation of money out of thin air is one of the causes of higher demand. mv=d, or in other words, money supply times velocity equals demand.And the increase in money supply leads to increase in demand.

6 posted on 10/20/2012 1:18:53 PM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: navysealdad
Trike Boy
7 posted on 10/20/2012 1:25:37 PM PDT by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
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To: navysealdad

Wonder what fuel costs in Greece when translated into US dollars.
Would be an interesting comparison.


8 posted on 10/20/2012 1:29:54 PM PDT by Darksheare (Try my coffee, first one's free.....)
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To: andyk

OMG; really? I watched but missed that comment. OMG, OMG, OMG...


9 posted on 10/20/2012 1:36:08 PM PDT by carriage_hill (The 0bummer Penguin & Bidet Joker: We played this country like a harp from hell.)
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To: Darksheare

Price in Greece is 1.769 Euro’s a liter, the average in the rest of the EU is 1.5 somthing.

3.785 liters per gallon,
.7679 Euro per Dollar

3.785L X 1.769Eu =6.696 Euros x .7679 = 5.14 cents a gallon.

The rest of europe is at around $4.50 a gallon.

So Obama kept a campain promise, to make the price of gasoline in America the same as Europe.

And that IS a Change.


10 posted on 10/20/2012 1:39:18 PM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: navysealdad

And this from our “green” president who goes around in a bullet and bomb proof limo that gets 3 mpg and Air Force One that costs $180,000 per hour to run? All of this with OPM [other people’s money’.] Sounds like the perfect role model. Right!


11 posted on 10/20/2012 1:42:03 PM PDT by MasterGunner01
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To: American in Israel

Interesting.
So Greece, with a collapsing economy, it chugging right along at superspeed according to Obama’s maxim of higher fuel price equaling a better economy.


12 posted on 10/20/2012 1:47:14 PM PDT by Darksheare (Try my coffee, first one's free.....)
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To: navysealdad

Rising demand? How about insufficient supply and instability in the middle east? He shut down the gulf for a few years and helped overthrow leaders in Eqypt and Libya and refuse to support increased drilling. Obama has directly caused high oil prices and it was by design.


13 posted on 10/20/2012 2:15:52 PM PDT by plain talk
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To: navysealdad
President Says High Gas Prices Are Sign of Prosperity

What a chump.

14 posted on 10/20/2012 2:27:40 PM PDT by Mark17 (California, where English is a foreign language)
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To: carriage_hill

Mr. Obama, go visit the truck stops across the country and tell our truckers how “PROSPEROUS” they are! My son has gotten home TWICE this year - on the road just to survive. When the truckers call it quits, the shelves will be empty!
JOBS! JOBS! JOBS! Let’s keeep the ones we already have. These liberals want jobs, but hate the job makers! Can’t have it both ways.

I can’t even call him president anymore.


15 posted on 10/20/2012 2:31:42 PM PDT by lu shissler (an take his naiv)
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To: navysealdad

This may be intended as satire, but I am not so sure that Obama doesn’t believe it! It sounds like typical lib logic to me!LOL


16 posted on 10/20/2012 2:39:44 PM PDT by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: lu shissler
When the trucks stop, it's all over but the shouting.

I despite/hate the subhuman marxist/muslim/liar/racist/traitor/POS-in-chief. I can't even stand to hear that arrogant, hate-America voice.

17 posted on 10/20/2012 2:50:05 PM PDT by carriage_hill (The 0bummer Penguin & Bidet Joker: We played this country like a harp from hell.)
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To: MasterGunner01
Two things I want to see on Jan 20th, 2013:


18 posted on 10/20/2012 2:55:18 PM PDT by carriage_hill (The 0bummer Penguin & Bidet Joker: We played this country like a harp from hell.)
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To: mjp

The demand isn’t up. It is scarcity of product driving up prices in CA. Stupid regulations and refinery failures.


19 posted on 10/20/2012 3:08:52 PM PDT by Myrddin
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To: navysealdad

US use of gasoline is down about 6% from the peak year of 2007. It’s dropped from about 3.389 billion barrels in 2007 to 3.290 billion barrels in 2008 to 3.283 billion barrels in 2009 up to 3.297 billion barrels in 2010 and
back down to 3.190 billion barrels in 2011. So since it’s obvious that the amount of gasoline use has not only not
increased since Obummer took office but decreased we need to find another reason for the price more than doubling.

Could that reason be QE1, QE2 and QEinfinity.....adding $4 trillion new dollars to the mix will make all the existing dollars worth less. I’d say that most of the reason gas costs more is due to inflationary policy’s of the Fed and this administration.


20 posted on 10/20/2012 4:38:46 PM PDT by nvscanman
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To: navysealdad
The thing that although this article is meant as a satire , many really are being convinced to believe this. I read a very serious and similarly stupid explanation of Obama's comment about gas prices on the Maddow Blog The politics of the painful price at the pump:

Here is an exerpt:

It's true that when Obama took office, gas cost about $1.81 a gallon, and it's more than double now. And how did gas prices get so low in late 2008 and early 2009? Because there was a global economic catastrophe -- gas was cheap because the economy had fallen off a cliff. As the economy improved, demand went up, and the price of gas started climbing. It's Economics 101.

As Matt Yglesias explained a while back, "It turns out that driving to work, ferrying stuff from the warehouse to the store, hauling containers across the Pacific Ocean, and flying around to meetings all takes oil. If you manage to orchestrate a situation in which millions of people lose their jobs, retail sales plummet, stores close, and economic activity generally grinds to a halt, this frees up a lot of extra oil."

Demand went down, supply went up, so gas prices went down. Then the economy improved, demand went up, supply went down, so gas prices went up. It doesn't mean we're watching a flawed energy policy fail; it means there's a global market that's affected by recessions and recoveries.

21 posted on 10/20/2012 9:03:57 PM PDT by CitizenM (Obama - The architect of the decline of the U.S.)
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To: navysealdad; John Semmens

John, I thought this was your work, but knew you could do more to this BS.


22 posted on 10/20/2012 9:38:45 PM PDT by Arrowhead1952 ("It's better to vote for a Republican you don't know than wind up with a dim you don't like".)
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To: carriage_hill
Here's a quote from the debate:

“Well, think about what the Governor just said. He said, when I took office the price of gasoline was $1.80, $1.86. Why is that? Because the economy was on the verge of collapse. Because we were about to go through the worst recession since the Great Depression, as a consequence of some of the same policies that Governor Romney is now promoting. So it’s conceivable that Governor Romney could bring down gas prices, because with his policies we might be back in that same mess.” (“Remarks by the President and Governor Romney in Second Presidential Debate,” The White House, 10/17/2012)
23 posted on 10/21/2012 9:27:53 AM PDT by andyk (I have sworn...eternal hostility against every form of tyranny over the mind of man.)
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