It is getting hard to keep track of all of the disgraceful things Barack Obama
is doing, but we shouldn't overlook his effort to blame high energy prices on
"speculators." In fact, the high price of petroleum, which in turn raises the
cost of everything else, is due to a combination of market forces and the
Obama administration's terrible energy policies. When you have an
administration that openly wishes for higher energy costs, it shouldn't be a
surprise when prices go up.
But Obama doesn't want to take the blame for the consequences of his policies,
so he follows his usual Alinskyite policy--fabricate a villain and demonize
him. Here, the villain is a group of nameless "speculators" who supposedly are
driving up the price of oil. Obama has now gotten the Department of Justice
and other agencies into the act. The Streetwise Professor explains:
> It is becoming clear that Obama's criticism of speculators was not a one-
off. Instead, it is part of a broader campaign to demonize them. Today's
installment of the Two Minutes' Hate came courtesy of the Justice Department
(so tempted to use quotes around that). Eric Holder announced the formation ...
Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/81420609?client_source=feed&format=rss
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