I have this certain sound byte in my computer, and I use it frequently on my daily talk shows.
The audio is over two years old -which means it might just as well be a half-century old, by contemporary electronic media standards – yet it is incredibly relevant today and will still be relevant in November.
The sound was derived from a video report of former Senator Barack Obama, campaigning for the presidency back in August of 2008. Speaking before a stadium full of energized fans and supporters, our future President begins to talk about a subject that was “top of mind” for most Americans two summers ago – the fact that the cost of gasoline was, at that time, approaching five dollars a gallon.
Shaking his head in disgust and disbelief and with a disdainful chuckle in his voice, Mr. Obama says, in part:
“…You’ve got oil companies making record profits…no… no companies in history have made the kind of profits the oil companies are makin’ right now…they..they…….one company, Exxon Mobil, made eleven billion dollars…billion, with a “b” ….last quarter….they made eleven billion dollars the quarter before that…makin’ money hand-over-fist…makin’ out like bandits…”
From here, then-Senator Obama went on to introduce his new “energy” proposal. As a remedy for rising gasoline prices, he wanted to raise taxes on oil companies, and use that “extra” tax revenue to give “working Americans” a thousand-dollar voucher that they could use to make gasoline purchases.
I played this sound byte several times on my daily talk show back in the summer of 2008, and pondered lots of questions about the Senator’s comments. “Why is Senator Obama so outraged about a company being successful and making a profit?” I asked my talk radio audience back then. “Will raising taxes on oil companies really make the price of gasoline drop, or might it make the price of gasoline rise?” “Why does Senator Obama compare the Exxon Mobil corporation to ‘bandits’– has the company stolen something?” “How will Mr. Obama define ‘working Americans,’ and how will he determine who qualifies a gasoline voucher?” “Who in America really ‘deserves’ free gasoline, and who does not?”
Back then, many Obama supporters responded to my questions about the Senator’s proposed “energy policy” with calls and email telling me that I was a “racist.” My questions and ideas obviously had no merit, and the only reason I didn’t approve of what Mr. Obama was proposing was because he is black, and I am white.
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.