Outside the White House on election night:
The United States possesses the greatest oil and gas reserves in the world. Our oil shale in Colorado, Utah and Wyoming alone has three to five times the oil of Saudi Arabia.
In his second debate with GOP challenger Mitt Romney, President Barack Obama denied the fact that he had reduced oil and gas permits on federal lands by 15% and claimed instead that he had increased oil and gas production in the United States. “Now, I want to build on that,” Obama said. “And that means, yes, we still continue to open up new areas for drilling.”
Barack Obama lied to the American people.
Just days after the President was safely reelected and no longer had to answer to the voters, the Obama Interior Department decreed a rule closing off commercial development of our oil shale reserves on 1.6 million acres of federal land.
Elections have consequences.
The newspaper of the Communist Party USA, People’s World, celebrated the reelection of America’s first socialist president:
Progressives like you worked their hearts out all over America for our people, our country, our president, and progressive Democrats. We fought and beat the tea party, the oligarchs and massive rich, Karl Rove’s strategy, ALEC, the Koch Brothers, and all those who would tear down democracy and destroy the middle class and the labor movement…
The truth for progressives is that we are slowly winning the battle of ideas, future constituents, policies of justice. This election was won with progressive constituencies and a PROGRESSIVE AGENDA.
Of note, the communists no longer call themselves communist or their politics communism or socialism. Instead, communist identity and goals are no longer distinguishable from the current Democratic Party and its leader, President Barack Obama.
Welcome to our brave new world.
Fleeing socialist Hungary during the 1956 uprising against the Soviet occupation, Thomas Peterffy immigrated to the United States and went on to help develop the electronic trading of securities and found Interactive Brokers, an online discount brokerage firm. After spending the last four years watching Barack Obama’s policies lead to economic stagnation, Peterffy spent his own money on a self-narrated television ad warning the United States to stop following the path of socialism and return to its historical freedom to succeed:
Part of Barack Obama’s socialist “clean energy economy” program was to have government planners in his Auto Team and Department of Energy design and build an entirely new industry making battery cars. Channelling JFK’s call to land a man on the moon, President Obama promised: “With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have a million electric vehicles on the road by 2015.”
To achieve his dream, Obama borrowed and spent $2.4 billion to build factories just to produce the batteries for his new vehicles of the future. For some perspective on how much of our money was spent on battery factories, Chrylser’s estimated total market value is $7.5 billion.
The problem with socialism is that government industrial planners produce what they desire and not what the citizenry is willing to buy. Obama’s battery cars are so unpopular with Americans that our nationalized automakers almost have to give them away at substantial losses because these underperforming cars make no economic sense to buy.
Because “Government Motors” cannot sell it’s battery cars, the government’s subsidized battery manufacturing plants are increasingly going idle and the taxpayers stand to lose the $2.4 billion President Obama “invested” on their behalf.
The best laid plans of socialist governments…