Posted by
Neophyte Pundit on Friday, June 13, 2008 7:00:00 AM
Yep, he actually said it. Comrade Obama has rationalized that the high price of gas (and, perhaps the commensurate* rises in all commodities) had it not occurred so rapidly (via
HotAir):
Interviewer: "Do higher gas prices help us?"
Comrade Barack Hussein Obama: "I would have preferred a gradual adjustment..."
Comrade Obama is comfortable with the rise of the price of oil. So much so that he believes it is helpful to the economy! Had the adjustment occurred gradually, why, then it wouldn't have hurt the average American so dramatically. Well, all we need to do is put more money into the hands of the people.
Hmmm...income redistribution. Take money from the rich (presumably, the oil barrons- CEO's) and give it to those in need- the poor! Huge problem there...can you, Comrade Obama, tell me how many jobs have been created by those in the lower income tax bracket- or for lack of a better term, the poor? How many of those that you wish to "give" my money to will create a single job?
Additionally, who pays the "windfall tax" that you are proposing to nail the "Big Oil" companies with? Is it the CEO? Or will they merely raise the price of a gallon of gas, thereby charging it to the average consumer, raising prices even further? What is your basic undersanding of supply and demand? Raising prices lowers demand, and vice versus? Did you take Econ 101 at Columbia?
The basic tenant of the Dimocratic Party is to increase individual dependency via goverment expansion. Higher gas prices means the average Joe will begin to use "mass transit," right? Who runs the busses? The trains?
Etc...some low level bureaucrat. Nice, job security.
The Dimocrats are heavily invested in the slowdown of the economy, perhaps even the
"oncoming depression." The Dims are delighted to see unemplyment increase...
here's a small anecdote as to how the Dimocrats are heavily invested in throwing the
coat of dependency upon an unaware (nay- might one say duped) society:
Raise the minimum wage rate...gradually, right...create a living wage...so, who wins and loses
when employers are forced to raise the minimum wage? Does the employer win? Does the
employee? Does a teenager just beginning his/her career- or merely working to help
purchase that Prom Gown???
According to Investors Business Daily (June 10, 2008):
The minimum wage was hiked 14% to $5.85 an hour last July. Next month, it will go up an additional 12% to $6.55 an hour.
In July 2009, it’s slated to rise 10.7% to $7.25 an hour.
If you have to shell out an added 40% over three years to employ thoseunproductive workers, as isnowhappening,
you’ll likely find a good reason not to do so—unless it’s absolutely necessary.
Economist David Neumarkof the University of California, Irvine, has found a 10% minimum wage hike
cuts employment of young, unskilled workers by 8.5%. As Kristen Lopez Eastlick of the L.A. Examiner
noted, “In the past 11 months alone, the U.S.’ minimum wage has increased by more than twice that amount.”
So, higer wages means fewer hired. Goodness, the oil companies are making so much money that ExxonMobil has said it will be getting out of the retail gas business.
So, I ask you, does Comrade Obama have an answer to higher gas prices. You bet he does! It's called higher gas prices! Then we will all move to the hybrids that the Dims want us to drive daily...the govenment can then regulate how much "carbon footprint" we are able to excrete on a daily basis. The Dimocrats will tell us what our thermostats will be set at...
"Windfall profits tax" takes the incentive away from the oil companies that would be either spent on R&D or spent on expanding the supply we already have. We can become more energy self sufficient- not by taxing and taking, but rather open drilling in ANWAR, off the Continental Shelf- China and Cuba are drilling closer to the US mailnad than we are...
Comrade Obama is going to have to pry my dead cold body out of my Ford Expedtition! The vote in 2008 is one of the most important (if not THE most important) election of my lifetime. I thought Communism and socialism died with the USSR. But, Comrade Obama is looking at ways to take money from my family, and those who actually try to meet a payroll to those who will more than likely buy cigarettes and booze. Prices will not fall, but as we learned in the Jimmy Carter experiment, prices will skyrocket and (and this is very important) we will be faced with shortages and scarcity...
The two candidates pose diametrically opposed economic, social and moral issues. Senator John McCain is the right choice, whereas Comrade Obama will bring back the gas lines, the misery index, and, this is key, we will be less safe as well. 6 years without an attack on the homeland. I am saddened to say that sometime in 2009 al Qaeda and Osama bin Laden will find a way to strike...
What Say You?
*The spike in wholesale foodstuffs (i.e.: corn, beef, chicken, etc.) has occurred because of the mandated Ethanol requirements. Sometimes the cure is worse than the condition. It takes $1.25 to create $1.00 worth of ethanol energy- that's smart, huh? Farmers are disincentivized to grow other soodstuffs, like soy beans, greenbeans, etc., as they are paid more for corn to be used in the manufacture of Ethanol- if you are an Iowa farmer, you love it. If, however, you rely upon corn as a foodstuf, guess what, there's less to be used for feeding your cattle, pigs, chickens...so it costs more to feed the livestock- thus commodities prices are skyrocketing- unintended consequences of doing what "sounds" politically correct. I haven't even begunto talk about the speculators out there in the markets either...this country relies upon cheap oil to produce everything from plastics to feeding the world...go figure. Put politicians in charge of the hen house and watch the foxes come out to play!!!
**If this nation suffered under the worst president in history, untested, plain spoken, Southern Governor- James Earl Carter, we can ill afford a presidency by a (not even) 1 term Senator from Illinois who has no executive ex[erience, no military background, no diplomatic experience, no business experience. A man who has surrounded himself by some rather dubious characters: Bill Ayers, Rev. Wright, Rev. Pflegar, etc. And, who just admitted that he is not vetting his core advisors that will be helping select his vice presidential runningmate. He had chosen former CEO of Fannie Mae (Comrade Obama has called mortgage financiers some of the most corrupt figures in history). He also has (or had- these guys cut bait so quickly, who knows) selected Eric Holder to the same task. Those who may not be familiar, Eric Holder was one of the attorneys responsible for the last minute pardons of President Bill Clinton- including that of the controversial (nay criminal) pardon of Marc Rich. Gee, the only person on Comrade Obama's search team for VP is Caroline Kennedy...
***Yep, I am convinced of Comrade Obama's ability to create a team around him that will be of the new strain of politicians- those that are most reliable to help him in his quest for bipartisanship, for changing THE Washington way...yep, I am convinced of the character that Comrade Obama has shown, and of those he has selected to be his "vetters." Oh, yes, his 'Bipartisanship" has been on display for his entire political career, in fact I can name all of his acheivements to reach out to the other side- there was Comrade Obama and...oh, wait there was Comrade Obama and...oh, I am sure I can think of one...comprhensive immigration reform, nope, education reform, nope, wait, I am sure he's worked on campaign contribution reforms...banking, highways...damn, I can't think of one major, or even one small...yep, this is the man we need for change in Washington, for commander of chief...oh that reminds me of a speech he gave on Memorial Day:
'We are gathered here today to honor those who have fallen in service to our great nation...in fact I see many of them here today...,' oops...Potato/potatoe...it must have occured after he visted his
57 states of the union (was that before or after we admitted Mexico and Canada? I don't seem to remember...Via: YouTube)...