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Rising Gas Prices Take Toll On American Families
Investors Business Daily ^ | 3-27-12 | JACK RAFUSE

Posted on 03/29/2012 6:13:40 AM PDT by radioone

With elections less than eight months away, rising prices at the pump are threatening to derail a tenuous economic recovery.

And President Obama, to mitigate political fallout, embarked this month on a four-state swing to promote his "all of the above" energy strategy, a broadly supported approach to increasing domestic development of natural gas, solar, wind, hydro, nuclear and yes, oil.

But if the president has begun to or at least talk about some moderate sensibilities on domestic energy production, he hasn't changed a bit on tax policy.

Every policy and campaign speech the president has given since taking office, if it mentioned energy, has argued for higher taxes on American energy companies.

He frames the issue as a zero sum game — either the oil companies win, or the American people win, but never both.

"You can either stand up for the oil companies, or you can stand up for the American people," said President Obama recently.

He routinely calls on Congress to repeal what he mischaracterizes as "subsidies" and "handouts" to the U.S. oil and gas sector. Oil companies, he argues, simply aren't paying their fair share.

(Excerpt) Read more at news.investors.com ...


TOPICS: Politics
KEYWORDS: 2012; bhoeconomy; bhofascism; chu; democrats; drillheredrillnow; energy; envirofascism; hopeychangey; nobama2012; obama; taxes
He doesn't care, he needs more tax money to spend.
1 posted on 03/29/2012 6:13:47 AM PDT by radioone
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To: radioone
And President Obama, to mitigate political fallout, embarked this month on a four-state swing to promote his "all of the above" energy strategy, a broadly supported approach to increasing domestic development of natural gas, solar, wind, hydro, nuclear and yes, oil.

Heh...he's ripping off Sarah Palin. Of course he doesn't mean a word of it, whereas Palin does.

2 posted on 03/29/2012 6:24:30 AM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: radioone

Ron Burgundy reporting.


3 posted on 03/29/2012 6:56:49 AM PDT by nhwingut (Sarah Palin 12... No One Else (Maybe Tim Thomas))
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To: radioone

I’ve said this before, if the ever increasing price of gas guarantees us of ridding ourselves of the cancer known as Obama, I am willing to suck it up and pay it for the greater good. Just praying he’s gone as of 12:05 pm eastern time, January 20, 2013.


4 posted on 03/29/2012 10:42:44 AM PDT by NCC-1701 (In Memphis on January 20, 2009, pump price were $1.49. We all know what happened after that.)
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To: NCC-1701
I’ve said this before, if the ever increasing price of gas guarantees us of ridding ourselves of the cancer known as Obama, I am willing to suck it up and pay it for the greater good.

It's probably going to take this. It seems to be the one thing the sheeple get upset with him about (Thank GOD for that).

5 posted on 03/29/2012 10:46:20 AM PDT by Marathoner (2 goals this year: (1) S##tcan Obamacare; (2) S##tcan Obama)
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