UPDATE: 1/21/2013 Were it not for a caller to the Herman Cain radio show this morning spilling the beans on Warren Buffett’s railroad, vis-a-vie the XL pipeline, this story would have remained buried. It’s about BNSF Railway, a railroad transportation company wholly owned by Warren Buffett‘s Berkshire Hathaway. BNSF figures to be the major player …
On the campaign trail, President Obama touted his takeover of the auto industry as a smashing success (for who?). He said the auto industry is roaring back, which it isn’t. And that GM is #1 again, which it isn’t. Then he said this . . . I said I believe in American workers, I believe …
When we see the price of a gallon of gasoline coming down, is there anyone giving credit to those oil speculators? According to the Obama administration, they unfairly control the cost of gasoline at the pump because they unfairly control the cost of crude oil. That’s their story and they’re sticking to it. So how’s …
If there are only three or four cars capable of 70 mpg, the gas tax revenue shortfall angle is negligible. But not necessarily a limitation. There’s nothing stopping Washington from coming up with a new tax to replace half the gas tax revenue that would be lost by doubling the gas mileage (presuming every car …
Continue reading ‘EPA, High Mileage Cars Not Permitted In U.S.’ »
Contrary to the administration’s storyline, the economy is not creating jobs. We’re still short millions of jobs from when he took over, and that’s after all the so-called stimulus spending. What little economic growth there is, is happening in spite of Obama’s stimulus spending, takeovers, and Czars. Not because of them. And is the reason …
Continue reading ‘Obama’s Virtual Economy And Virtual Truth’ »
While everyone else is feeling the pain at the pump, President Obama is having trouble feeling your pain. In a most amazing turnaround from an economical and political standpoint, high gas prices are now a good thing. Watch the transformation in this video. Steven Chu is Energy Secretary because he and Obama are soul brothers …
The timeline goes like this. Gas prices going up. President Obama nixes the Keystone XL Pipeline from Canada to Texas. Gas prices still going up. Public polling suggest that two-thirds of Americans believe gas is too high and are in favor of the XL Pipeline. President Obama goes to Oklahoma to glam onto what would …
The last time gas prices were this high, then Speaker Pelosi put the blame on the “two oil men in The White House.” It is instructive to see how nothing on her part, or on the part of her political party has changed with respect to increasing our oil supply and capacity. Pelosi said she …
Never missing an opportunity to prolong our dependence on foreign oil, and high gas prices, President Obama lobbied the Democrat controlled Senate to oppose a bill that would, if passed, be the start of the Keystone Pipeline project with our Canadian neighbors. The message to the president was clear. There is majority bi-partisan support for …
Whether high gas prices at the pump are referred to as a tax is irrelevant. Although high gas prices are not a tax, they may as well be because it is a distinction without a difference. Everyone pays the price regardless of your economic status or family budget. Under normal circumstances, the president could effectively …
Continue reading ‘Gasoline, The Hidden Tax On Working People’ »