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1 Destro  Wed, Jul 4, 2012 6:53:57am

It does seem to me Obama lacks the fire side chat ability of Roosevelt or Reagan in being able to get his vision across. I have had professors like this where they expect their students to do the work and reasearch and find the conclusion themselves rather than having it explained to them. I think I just called the vast % of Americans stupid.......

2 Decatur Deb  Wed, Jul 4, 2012 10:21:49am

Article is pessimistic--regular unleaded is $2.92 here.

3 Sophia77  Wed, Jul 4, 2012 12:47:52pm

Regardless of Obama's chattiness or lack thereof, it's just nuts to conclude that he is responsible for oil prices.

The Right cannot have it both ways. On the one hand they're digging in to protect established and profitable industries like oil and want more freedom from government regulations (and protections! including our national war machine as well as price supports) yet on the other they blame the government it things go wrong (or right, depending); it doesn't make any sense.

The fact is oil prices have always been affected by a variety of factors including price fixing by the OPEC cartel, ditto within the the major oil companies, wars, environmental factors and local politics within oil producing states and of course, the basic laws of supply and demand.

Industrialists understand this and so do stock market professionals; yet in a pinch they'll turn around and blame The Job Killing EPA, Democratic presidents (especially Obama) and so forth. It's basically propaganda.

4 Sophia77  Wed, Jul 4, 2012 12:49:14pm

Sorry - I meant the industrialists want "freedom" from EPA etc and of course rock bottom tax rates YET they also want protections up to and including that provided by our military.

So which is it.


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