He may have been born in America, but he ain’t no American
May 6th, 2011 . by joelDid you know that over 14,000 oil wells were drilled in the Gulf of Mexico before the Deep Water Horizon well exploded 13 months ago? That was one spill in over 14,000, spanning a 40 year blemish-free period. Yet the government – defined as Barack Hussein Obama and his administration (BHOAHA) – decided to shut down virtually the entire oil drilling industry. In the gulf, this shut down was done over the objections of a federal court order.
At about the same time, BHOAHA effectively shut down the oil drilling industry off both of America’s coasts. It even shut down drilling in the Arctic Ocean off the coast of Alaska, claiming the need to review the potential for environmental impact. In the case of Alaska, over $4 billion had been recently invested and another $2.2 billion paid to the government in oil drilling leases. Even so, the EPA shot down the drilling effort claiming “air quality issues” to the people living in that most northern of regions.
North Dakota has one of the largest oil reserves in the world. Nevertheless, BHOAHA’s EPA recently shut down the building of a pipeline from the North Dakota shale oil fields to Texas. The new pipeline was to connect with an existing pipeline complex that efficiently and quickly moves oil to different areas of the country at low cost.
BHOAHA also has actively aided and encouraged the oil drilling and exploration industries in Brazil and Columbia, and has told those countries that America will be their best customers. This is rather than drilling and developing our own resources and having Brazil and Columbia become customers of America. It’s all ass-backwards, no?
Is there any wonder why gasoline prices have soared in the past year, actually more than doubling in just the time Barack Obama has been president? You still believe it’s “the speculators” that are forcing the price of gasoline to rise?
Only last month the price of gasoline first broke the dreaded $4.00 per gallon barrier in most parts of the country with nary a peep from the main-stream media and “progressive” consumer organizations. This is the opposite of the summer of 2007, when the price last reached that level and the media outrage at the time made it seem the world was coming to an end. Now it’s moving with speed toward $5.00 and threatens everywhere to reach $6.00 by the end of the summer driving season. All the while, the media seems to be protecting BHOAHA.
Clearly BHOAHA wants to proactively manipulate and interfere with the laws of supply and demand. But why? What’s going on?
If you think this purposeful manipulation and inference is just crazy talk you need to listen to Obama’s Energy Secretary, Steven Chu. As early as December 2008, before Obama was sworn in, Chu told the Wall Street Journal “somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” That would, by the way, be in the $7.00 to $9.00 range. He then went on to describe ways that the government could encourage people to buy more fuel efficient cars and even coax them into living closer to their work.
And what about Obama’s own words from January 2008 when he told the San Francisco Chronicle that under his administration the price of electricity “would necessarily skyrocket” and he “will bankrupt the coal industry”.
The policies of his government, and the Democrats in general, would seem to be bringing his words and those of his lieutenants to fruition. He meant it when he said it. It wasn’t just rhetoric for campaign purposes. Where exactly in the Constitution does it say the government should be considering issues like this? How about planning policies that aim to change not only consumer behavior but social and personal behavior as well? Where does it say in the Constitution that government should be acting to drive costs and choosing which industries are winners (“green energy”) and losers (“fossil fuels”)?
Of course BHOAHA, like every other “class-warfare, envy-pushing, hate-the-so-called-rich Marxist”, is now trying to blame the oil companies for price gouging and making too much profit. Like that’s the government’s business anyway?
So let’s first put some perspective on this. Did you know that even with the price of oil presently at over $111 per barrel, the large American oil companies make only 2 cents per gallon of gasoline in profit while local, state, and federal excise taxes amount to about 50 cents per gallon? In other words, the government takes about 25 times per gallon what the oil companies themselves get to keep. That’s just what the mob would do.
Did you know that the American oil industry pays more in federal incomes taxes than the bottom 75% of all American taxpayers; in fact, the American oil industry is the second highest payer of all income taxes in America after personal incomes taxes? Did you know that the average profit of American oil companies is less than 6%, less than drugs, computers, electronics, clothes, beverages, virtually everything manufactured and most other industries? (Incidentally, did you know the health insurance industry runs just a 3% profit, among the lowest of all industries in America? This is despite being labeled by BHOAHA as wealthy blood-suckers and Medicare rejecting about 7% of all claims, while private insurance rejects less than 2% of all claims. But that’s an argument for another time.)
Did you know that no American oil company controls more than ½ of 1% of the world’s oil production volume? It’s the state-owned companies in the Middle East and OPEC and others that set the price of a barrel of oil, not Exxon-Mobil, for crying out loud.
Did you know that the so-called $4 billion in “oil industry subsidies” BHOAHA is looking to terminate are the same exact subsidies provided to all other industries that also get to depreciate equipment and take other business related losses according to the tax code? Not only do oil companies get nothing special, but that $4 billion will be appear at the gas pump for consumers to pay. (Incidentally, did you know that General Motors, BHOAHA’s car company, was relieved of paying over $48 billion in future income taxes and that General Electric – BHOAHA’s favorite CEO friend – paid zero income taxes last year? But that’s also an argument for another time).
Now I’m not crying for the oil companies, but the fossil fuels they provide, until recently at low cost, are what allows the American economy and standard of living to be the best in the world. This applies even to our poorest people. Even poor people in America can drive across the country and eat cheap food brought to market by cheap fuel. But that can change and that’s just a fact.
So why the purposeful sabotage of America’s energy industry by BHOAHA? Why would the President of the United States purposely want to starve the country of low cost energy, thereby making virtually every product and service in America more expensive, increasing the price of food and forcing companies’ overseas and taking millions of jobs with them?
Everything Barack Obama is doing with relation to energy is completely wrong and completely counter to free market and capitalist principles. And he’s doing it on purpose. But why?
The answer is because Barack Obama is a Marxist. What Marxists do is destroy the economy so that the “Middle Class”, the one Barack Obama professes he’s trying to save, is actually destroyed. I’m sorry to say this, but what we have is an American version of Castro or Hugo Chavez running the American government, and thereby ruining the American economy, and purposely running it into the ground. He may have been born in Hawaii, but he ain’t no American.
By purposely increasing the price of energy, he destroys jobs. By purposely increasing the cost of energy he increases the price of food and all other staples of life in America. By calling for the elimination of fossil fuels in exchange for unproven and unreliable “green energy” he purposely creates chaos and rationing of energy, resulting in brown outs, black outs and the ultimate destruction of the civil society in this country. By forcing you to live closer to where you work he destroys your freedom and mobility, and makes you easier to control.
By doing these things BHOAHA is deliberately diminishing America’s presence, standing and leadership in the world. He is fundamentally changing our country into an alien nation.
By doing all these things he makes everyone into a victim needing to be saved by the government. And that makes the government, the same government BHOAHA wants to take over the health care industry, really, really, really powerful.
And that’s all there is to it.