Oblahblah's weekly video message to the Universe was fun.
Hi, everybody. As I’m sure you’ve noticed over the past few weeks, the price at your local pump has been going up and up. And because it’s an election year, so has the temperature of our political rhetoric.
And he does not fail to deliver on that.
For years, traders at financial firms were able to game the energy markets, distort the price of oil, and make big profits for themselves at your expense. And they were able to do all that because of major gaps and loopholes in our regulations. When I took office, we did something about it.
The Wall Street reforms I signed into law are helping bring energy markets out of the shadows and under real oversight. They’re strengthening our ability to go after fraud and to prevent traders from manipulating the market.
So why are they still doing it now?
What’s more, at a time when big oil companies are making more money than ever before, we’re still giving them $4 billion of your tax dollars in subsidies every year. Your member of Congress should be fighting for you. Not for big financial firms. Not for big oil companies.
Not that I really care, but 4billion is squat. How much was that Health Care thing now? 1,100,000,000,000$$ or so? How much does "Big Oil" pay in taxes? Oh, and while I'm on it, how much did GE pay in taxes last year?
In the next few weeks, I expect Congress to vote on ending these subsidies
And when they do
And tell them to be honest with you.
That is rich, considering this:
Not when we use more than 20 percent of the world’s oil, but still only have 2 percent of the world’s known oil reserves.
Not only did he repeat that lie, he made it even bigger!
Not "proven" reserves, but now it's KNOWN reserves. http://www.realclearpolitics.com/video/ ... anies.html
There were moments during this speech when he stopped and looked at the camera, or teleprompter and I really got the feeling that he was thinking "Are they going to BUY what I just said?"