Speculate This Jeanne Shaheen - Granite Grok

Speculate This Jeanne Shaheen

Back in 2007 when Jeanne Shaheen was demagoging rising gas prices for political points, she insisted it was evil oil speculators who were manipulating the price to get rich off hardworking Americans.

But then prices went down, Shaheen got her Obama bump and became a Senator, and she stopped picking on those imaginary speculators.

But a funny thing happened on the way to the 2012 Presidential elections. Gas prices have been going up gradually just like Obama wanted. They are getting closer to his target price, but all of a sudden it’s those evil speculators again.

It has nothing to do with federal leasing practices for oil drilling.  Moratoriums were not involved.  Banning exploration of new reserves can’t be responsible.  And let’s not forget quantitative easing which increases inflation and makes prices rise as the value of the dollar falls.

No, Jeanne Shaheen is not looking at the manifold of left wing policy decisions as the cause of the rising gas price.  She is back to the evil oil speculators.  Unfortunately for Jeanne, and Obama, most Americans are beginning to understand that printing money to buy your own debt is like a tax on every dollar they already have or can hope to make–if they can hope to make one in the Obama economy.

The dollar isn’t worth as much, so things naturally have to cost more to make up the difference.

They also understand that we have a wealth of reserves but that it is democrats and the angry environmentalists who have kept them untapped for decades.

So this isn’t a speculator problem.  It isn’t even a resources problem. It is a democrat policy problem.  Jeanne is either not bright enough to see that, or too blinded by her own ideology to care.

 

Follow nhstevemacd on Twitter







 

>