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| Economy |
| Obama: We will end 'manipulation' of gas prices |
| 2011-04-21 |
| Not one word about the real culprit of spiking prices, The Bernank. It should be fun watching the JD Keystone Cops trying to sort this one out. Faced with the prospect of $5-a-gallon gas this summer, President Obama said today his Justice Department is creating a team to "root out any cases of fraud or manipulation in the oil markets that might affect gas prices." "That includes the role of traders and speculators," Obama said at a town hall-style meeting in Reno, Nev. "We are going to make sure that no one is taking advantage of American consumers for their own short-term gain." "This gas issue is serious," Obama said, adding that the best solution is developing alternative energy sources. The Justice Department is also looking at allegations of price gouging, said Obama, who devoted most of his remarks to his plan to reduce the nation's $14 trillion-plus debt. |
| Posted by:tipper |
| #12 What an evil POS. 'Manipulation' gas prices is refusing drilling permits, raising taxes on gasoline, to go green which a high level Obama aid said was necessary to get prices to $9/gallon like in Europe. Then he uses the crisis he created to 'go after the speculators'. This guy is a piece of trash. |
| Posted by: Sneling Big Foot2458 2011-04-21 22:16 |
| #11 Deja moo: I've heard this bull before. |
| Posted by: Grunter 2011-04-21 20:47 |
| #10 Wait, wasn't this chicken&^$% saying just last week that _there was nothing that could be done_ about higher gas prices? |
| Posted by: Thing From Snowy Mountain 2011-04-21 20:46 |
| #9 Is Obama actively trying to sound like a villain from an Ayn Rand novel? |
| Posted by: Secret Master 2011-04-21 20:39 |
| #8 Great, Obama is going to put an end to the Fed's quantitative easing. |
| Posted by: CincinnatusChili 2011-04-21 20:29 |
| #7 Don't forget WAGE and EARNINGS controls. You know of whom we speak, those evil capitalists who continue to EARN incomes as opposed to permitting the |
| Posted by: Besoeker 2011-04-21 20:12 |
| #6 Go ahead, Commissar Barry, say it: price controls. You know you want to. |
| Posted by: Matt 2011-04-21 20:02 |
| #5 As if additional clues to how the bastard thinks are required. |
| Posted by: Besoeker 2011-04-21 20:01 |
| #4 I know, I know! Let's punish the profiteering oil companies by adding some big extra special taxes on them. (We'll look like we're helping the people, we'll get lots of extra revenue, and the rubes will blame the oil companies for the fact that their gas costs even more.) |
| Posted by: Glenmore 2011-04-21 19:58 |
| #3 I've never cared much for The Donald, but listening to him in an yesterday in the DFAC gave me great pleasure. I think he'll soon have 'The One' being born in Pakistan. I love it! |
| Posted by: Besoeker 2011-04-21 19:31 |
| #2 OBomb says "I yump on that." Don't let a good crisis go to waste. Besides the voters are POd over gas prices and I might pick up a few votes if I act like I'm doing something. |
| Posted by: JohnQC 2011-04-21 19:24 |
| #1 Well, we're knee deep in bullshit speeches so maybe we could start there. It is this administration's anti-self sufficiency which has the prices going up. Investors know that. So whats the plan, use the JD to set up a vip list of legal petrol traders? How about Gov taxes and EPA fines as contributers? And you...you..plebes..need electric cars and properly inflated tires. Quick question - say everyone suddenly switches to hybrid and/or electric cars...what do you suppose the Govs will do to make up that shortfall of tax? |
| Posted by: swksvolFF 2011-04-21 19:16 |