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Obama's solution to gas prices.

Discussion in 'Political Discussion' started by PATSNUTme, Mar 6, 2012.

  1. PATSNUTme

    PATSNUTme Paranoid Homer Moderator Staff Member PatsFans.com Supporter

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    #75 Jersey

    He said this several times over the past week when asked about the high price of gas.


    President Obama and the Republicans jousted over gas prices again Saturday, with Obama calling for an end to oil subsidies, while a GOP lawmaker said the president is blocking domestic oil production.
    In his weekly radio address, Obama urged listeners to lobby Congress to end $4 billion in subsidies for oil companies that are making record profits even as prices rise at the gas pump.
    "I don't think oil companies need more corporate welfare," Obama said. "Congress should end this taxpayer giveaway."

    Ok let's say he is right and that $4bil subsidy to the "oil companies" should end. How exactly is that going to bring down the price of gas for the average person? It may even bring the price up.

    But that's not the point. The same thing happens time and time again with this guy. Instead of coming up with solutions to problems he points his crooked little finger at some company or group of people. He has yet to come up with a solution to any problem. He either runs away or starts the class warfare B.S.

    So that's why I'm voting A.B.O.
  2. Holy Diver

    Holy Diver Rookie

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    #80 Jersey

    Its pretty obvious Obama is controlling the price of gas and making it go UP to make the election harder for himslef. He sees the 2012 race as a landslide and wants to make it closer than we all anticipate.

    On the real....

    Ending subsidies for already profitable industries seems like a fair place to start for the people concerned with "spending" don't ya think?

    for the UMPteeth time, oil prices are preety much controlled by speculation. Wanna get the price down? call Wall Street.

    Since they contribute heavily to Barack, and the republicans, I'm sure they have the proper phone #s
    Last edited: Mar 6, 2012
  3. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    The most recent reports from the major oil companies, showed record profits.. these subsidies for the most part are not needed.

    It is corporate welfare.. fyi the amount of profit in the 4th quarter for Exxon was 9.25 billion..

    http://www.nytimes.com/2011/02/01/business/01oil.html


  4. Holy Diver

    Holy Diver Rookie

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    #80 Jersey

    I wonder if the righties would be willing to support that the CEOs of major oil companies take the same drug tests they wanted HUMAN recipients of welfare to take?

    after all...corporations are people...right?

    me thinks you'd get a lot of positive cocaine tests....
    Last edited: Mar 6, 2012
  5. Real World

    Real World Moderator Staff Member

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    I think they should end all corporate welfare. That means more than just the oil industry btw.

    Obama is not a problem solver or decision maker. He's never been one in his entire life. Some of us knew that a long time ago.
  6. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    Corporations are people sometimes.. or when it is convenient.
  7. JackBauer

    JackBauer On the Roster

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    Tell that to bin Laden.

    And yeah, it's nice to see PATSNUTme's outrage is in the right place. Instead of getting mad at the people who claim the president has any more than a very marginal control of gas prices, he's mad at Obama for trying to curtail wasteful and unnecessary spending.

    To be honest with you, the OP's entire line of criticism doesn't pass muster. You may not agree with his reasoning or approach, but to claim that he has no solutions, especially as a relative proposition, flies entirely in the face of reality.
    Last edited: Mar 6, 2012
  8. sdaniels7114

    sdaniels7114 Rookie

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    Why can't we call up the Saudis and Kuwait and tell them that the price for keeping Iran nuke-free is $3.50/gal gasoline? Crude oil may be a rare commodity that must be paid for; but the most sophisticated, effective military in the history of Earth is also pretty rare. I don't get why we don't treat it as a commodity as well.
  9. Holy Diver

    Holy Diver Rookie

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    #80 Jersey

    Sounds like a bully...

    good thing we don't have THAT global reputation
  10. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey

    We should be taking a two-level approach.

    1) ASAP: Over the next 1-5 years and for the next 20-30 years. Headlong conversion to natural gas. It is cleaner, the technology is here and we are the Saudi Arabia of natural gas.

    2) Incremental over the next 20-30 years - financial grants (yes) to university research and development of alternative energy. None to individual companies.
  11. Drewski

    Drewski Rookie

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    No Jersey Selected

    Is he getting rid of subsides for other industries who make more than enough profit on their own?

    If he isnt...then a reasonable conclusion is this is political hay.
  12. Real World

    Real World Moderator Staff Member

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    Was there a real decision to be made when it came to Osama? What was the alternative is what I'd like to know. Don't get me wrong, I'm glad he made the right decision. I just think it was the obvious, and only one.

    Jack, is there any criticism of the president that does pass your "muster"?

    I think the cost of oil is directly related to the rising worthlessness of our currency. Print baby print!
  13. Real World

    Real World Moderator Staff Member

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    The idea that the guy ringing up a deficit to the tune of a trillion plus each year, is really focused on trimming wasteful spending, "flies entirely in the face of reality". As I've heard people say. :D

    BTW, I'm all for eliminating corporate handouts of all kinds. Especially when they're handouts to companies raking in billions in profits.
    Last edited: Mar 6, 2012
  14. The Brandon Five

    The Brandon Five Rookie

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    #75 Jersey

    I'm against all corporate welfare but I am not aware of a less deserving recipient than that crew.
  15. Holy Diver

    Holy Diver Rookie

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    #80 Jersey

    AIG?
    Citigroup?
    B of A?
    JP Morgan Chase?
    Wells Fargo?
    Goldman Sachs?
    Morgan Stanley?
  16. The Brandon Five

    The Brandon Five Rookie

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    #75 Jersey

    They got loans. Not gifts.
  17. DarrylS

    DarrylS PatsFans.com Supporter PatsFans.com Supporter

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    You are making too much sense, the only problem is the way they extract the natural gas.. fracking is an environmental nightmare, and will sooner or later reek havoc on hundreds of thousands of people by polluting an aquafier..
  18. Holy Diver

    Holy Diver Rookie

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    #80 Jersey

    They also created the reason for the loans....

    I know...apples and oranges. But still.
  19. Drewski

    Drewski Rookie

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    Could be true. Aren't many countries moving away from $s for Oil?
  20. JackBauer

    JackBauer On the Roster

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    Such as...?

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