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Enemies of the People

Stuart95 Wrote: Apr 12, 2012 12:50 PM

Oil companies' profits are no one's business except the oil companies' shareholders (and the IRS). The oil companies have a responsibility to provide the highest possible return on their shareholders' investments, and they do this, simplistically stated, by charging as much for gasoline as the market will bear. That price has nothing to do with inflation, politics, your salary, Obama's fulminations, etc., and is only loosely tied to the price of crude oil. The price is governed mostly by how much Joe Sixpack will pay at the pump. And that's between Joe and the oil company; it's nobody else's beeswax.

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Enemies of the People

In 2008, a mostly unknown Barack Obama ran for president on an inclusive agenda of "hope and change." That upbeat message was supposed to translate into millions of green jobs, fiscal sobriety, universal health care, a resetting of Bush foreign policy, and racial unity.

Four years later, none of those promises will be themes of his 2012 re-election campaign. Gas has more than doubled in price. Billions of dollars have been wasted in insider and subsidized wind and solar projects that have produced little green energy.

Unemployment rates above 8 percent appear the new norm, when 5 percent in the past...

Related Tags: Congress Campaigns and Elections Democrats Unemployment President Obama Green Energy Obamacare