Silver Bullet

Obama has said, on several occasions, that there is no "silver bullet" that can bring down gas prices. He wants us to believe that there is no policy that he, or congress, can enact that can lower gas prices even though he is considering opening up the United State's Strategic Oil Reserves so that he can increase the supply of oil before the election to drive down prices. It is clear that he understands that more supply would cause prices to go down, the "silver bullet."

The problem is that Obama only wants a short term fix in gas prices. He has admitted that he wants gas prices to rise so that automakers are forced to make more gas efficient cars (like in the video below).



It is his intentions to move forward with policies that would cause gas prices to raise. Policy makers are keeping supply low by not letting oil companies drill where we know that there are large reserves of oil. Regulations also make it almost impossible and incredibly expensive to refine oil. When something costs more to produce, producers are forced to pass those higher prices on to consumers or go out of business.

Have Each Other's Back

Obama was on the campaign trail again. He was at Fort Stewart talking about "having each other's back." I found it quite funny considering the fact that obama had wanted to cut spending on military benefits, yet didn't propose any cuts on any public sector union benefits. I am sorry, but spending cuts on the military should be last in line. Especially cuts to the benefits of our veterans and our service men and women. They are risking their lives to protect us and have earned everything that they are given.

It is also funny that in his speech, part of which you can watch in the clip bellow, he talks about all the ways that we, as a society, have each other's back. What he is talking about is the civil society, something he seeks to replace with a government run society. For generations American's looked after one another through their communities, neighborhoods, and churches. This idea that government is the entity to look after people is a relatively new idea in America and has been slowly growing since the "regressive" movement began in the early twentieth century. What Obama is doing here is talking about things that all Americans can agree on, the civil society, but he then proceeds to slip in his true agenda. He moves from talking about individuals looking out for each other to using the government to look out for everyone. This is just another example, in a long string of examples, of the left using subversive rhetoric to appeal to Americans so they can institute their utopia, top-down government run tyranny.

I reference the last two minutes of the speech. From 8:00 on.
 

Buffett Rule

I haven't had a lot of opportunities to get on Blogger in the last month so I am just now publishing this cartoon. I made it before the Buffett rule was, thankfully, voted down but felt it necessary to still post it to illustrate how foolish it is to believe that more taxes will somehow help the deficit. At this point the deficit is so huge and spending is so out of control that no amount of taxation will fix the problem. The national debt is now larger than our Nation's GDP. In essence, if the government where to confiscate all the wealth of the US for one whole year, we still wouldn't be able to pay down the national debt. The last time the national debt was larger than the GDP was during WWII. One thing to note about that is the fact that FDR, arguably the most "regressive" president in our Nation's history until Barack Obama, was the president at the time.

The answer to the problem is not taxation, it is spending cuts. We need to start cutting programs and bureaucracies now, and in doing so, will create freedom and wealth for more people.

Oil Ball

The "lying-lefties" are at it again. Obama has put forth a bunch of claims about oil production in the US that is not only embellishing the facts but are downright lies. He claims that more oil is being produced under his presidency then in the last ten years. Yet it is only because of leases that where signed by Bush and Clinton. Obama has signed a record low amount of oil leases during his term. He also claims that he has opened up millions of miles of acres for oil exploration knowing full well that we won't be able to get anything from those lands. Obama needs to stop lying about and demonizing the oil companies.

Blame The Banks

It has become very popular for the Democrat party to find people, businesses, and financial institutions to blame for the problems that where ultimately caused by bad government policies. For his entire presidency Obama has blamed the current economic problems not only on President Bush, but also on the banks and Wall Street. In a speech he gave recently he basically blamed the banks for the meltdown of the housing market. That is downright dishonest.

Now don't get me wrong, I am not saying that banks weren't a part of it. Some banks did use the bubble to partake in some very shady behavior. That being said, the banks would not have had the opportunity to, or been forced to, give out all the bad loans that caused the current problem had it not been for two pieces of legislation: The Community Reinvestment Act and The Commodity Futures Modernization Act.

The Community Reinvestment Act was originally passed by Congress and signed by Jimmy Carter in 1977. It urged banks to give out loans to low income families who would not normally have been able to qualify for those programs. Most banks at the time didn't really pay attention to the bill so in 1995, during the Clinton administration, the bill was changed so that there would be more oversight on the banks to make sure that they where giving out loans to low income families, particularly to african americans. Clinton also signed the Commodity Futures Modernization Act which deregulated over-the-counter derivatives. Financial institutions started bundling up high risk loans with low risk loans and trading portions of them to other financial institutions, such as Fannie May and Freddie Mac, to hedge against future forclosures of the high risk loans. When the bubble burst in 2008 and we had a record number of home forclosures, the hedge funds couldn't hold up and the whole system unraveled.

Now, instead of telling the truth, the Obama administration wants to leave the banks holding the smoking gun.

Thank God for that

About a couple weeks ago President Obama said this in an interview with Matt Lauer. It was very shocking. Not only is that the way it was intended to be, but he makes it sound like he didn't realize it until now. It's called "separation of powers" and the founding fathers made it that way to prevent tyranny. They didn't want too much power in the hands of either one person, a minority, or the majority. That way every person has equal representation as well as protection for their individual liberties.