Welcome to the new reality; Wall Street speculators (CROOKS), trouble in the Middle East “again” and a President that is both too weak and pathetically indecisive when it comes to rising gas prices.
The economy is still in horrible shape and the issue of rising gas prices will almost guarantee its downfall again, and in this corner we have the grand master of “who cares” namely President Obama with his usual method of “lets see if things get beyond repair before we decide to do anything”.In times of economic upheaval we have what is famously known as the strategic petroleum reserve (SPR) and until the BP oil spill we had offshore drilling. Now cleverly President Obama has held to his moratorium on offshore drilling and refuses to tap the SPR as he watches everyone that voted for him take the worst economic beating since he took office.
The reason behind much of this mess is due largely in part to the uprisings throughout the Middle East and its oil producing partners being concerned over disruption of oil deliveries, but the rest you might know is coming from right here in the U.S. as the ever greedy Wall Street money whores continue to cause oil prices to rise based on their always corrupt supply and demand forecasts.
Between President Obama’s unwillingness to intervene where vital national interests are concerned and the Wall Street speculators and uber wealthy oil companies continue to drive up prices, America is once again headed for the toilet in terms of its economic future.It has long been argued that America must cut its dependence on foreign oil and yet American oil companies have made no new attempts to prospect off of American shores where there are still abundant supplies; furthermore no one else has offered any real measures to create new fuel alternatives. And if you plan to mention the hybrid cars forget it, they cost beyond what most Americans can ever afford and they offer very little in cost efficiency. FACT check the national averages for yourself.
Every politician talks of improving America’s future and yet NOT ONE has raised a finger to do anything, not a single one. This fear and greed madness over oil is heading America for an economic meltdown and this time there won’t be any economic bailouts at the ready like those handed out in early 2010. If our “President” had learned anything at all in history class along with his barely intelligent staff, the 2010 bailouts would never have happened. All of those corrupt companies and banks should have been allowed to crumble like they did during the great depression.
You don’t hand money to the same crooks that have been stealing you blind for two decades and you don’t use the excuse of job loss prevention as the reason for keeping those companies afloat. Most of the companies our lovely President bailed out still laid off thousands of workers and some even folded anyway.
Those that didn’t fold have not made any real strides to help get the money flowing again and they did what they always do, pocketed the money and kept right on with the business of screwing America as usual.Now we will end up really needing that bailout money and there is none left, rising fuel prices will further cripple our horrible economy and Washington as usual will sit back and do nothing except belly ache about how they could do very little when in fact they could do a lot and are just too lazy and timid to be a super power anymore.
The oil companies and speculators need to be Federalized in order to lock prices at one level until this crisis ends and thus protect our economy in its fragile state.
In terms of the Middle East fiasco, President Obama needs to grow a pair and send some airpower across the region signaling to every dictator and potential threat that America has had enough and if necessary we could turn the entire region into little more than a brisk sandstorm.
If we keep up this non-sense at the current level we are headed for an economic disaster like no other and when it comes to America’s greed, We will deserve every bit of it.
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