Gasoline prices for February are the highest in HISTORY. They have risen 11% in the last two months nationally. They’ve risen 16% in the last 45 days in Los Angeles. They’ve risen 15% in the last 30 days in Chicago. You will hear Obama blather about U.S. energy independence and the miracle of shale oil. He will lie to you about the wonders of ethanol and electric cars. What you won’t hear is the truth. Peak cheap oil is a bitch. The remaining oil in the earth will be increasingly more expensive to extract. The price you pay at the pump will continue to rise. Bernanke’s money printing will make it worse. The government solution in Pennsylvania to the decrease in miles driven, which has decreased gasoline tax revenue, is to increase the gasoline tax by 25 cents. Brilliant!!!
Enjoy the show tonight, but get ready to have a gas nozzle stuck up your ass by Obama and his green energy bullshit. Keep deluding yourselves with visions of American energy independence as you pay more and more.
Robmu1 says:
Here’s another reason why I won’t hear this from Obama – I will be watching whatever college basketball game that ESPN has on or Walking Dead reruns. What idiot would spend even 1 minute listening to the Obama Lying Festival?
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12th February 2013 at 11:25 am
Hope@ZeroKelvin says:
I will not be hearing anything from Obama tonight because I refuse to watch the SOTU.
In fact, here is what I think of the actual state of the country (and its leadership):
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12th February 2013 at 11:29 am
BUCKHED says:
Jim want does it matter in the grand scheme of things what the price of gas is…the government doesn’t consider it when calculating inflation so it shouldn’t be a big deal to us peons.
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12th February 2013 at 11:41 am
DaveL says:
Tonight I will use On Demand to watch the shows I purposely missed last night so I don’t have to watch this Mocha Mullatte lie through his fucking teeth.
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12th February 2013 at 11:45 am
AWD says:
I, too, cannot stand to watch or listen to our dictator.
The economy is imploding, and all that idiot is going to talk about is unicorns and fairies.
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12th February 2013 at 11:52 am
AWD says:
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12th February 2013 at 11:53 am
John A says:
Subject: : 446 school age children shot in Chicago in 2012…
Hmmmm…. why do you suppose we never hear about this on the evening news???
446 school age children shot in Chicago in 2012 with strongest gun laws in country – media silent. The cesspool known as Chicago probably has the toughest gun laws in the country, yet despite all the shootings, murders, and bloodshed, you never hear a peep about this from the corrupt state run media. In Chicago, there have been utopia run by Rahm Emanuel and that produced Obama, Jesse Jackson, Louis Farrakhan, etc. 62 school aged children have actually been killed by crazed nuts in Chicago by the end of 2012. So why isn’t this news worthy? Is it because it would embarrass those anti second amendment nuts who brag about Chicago’s tough gun laws? Is it because most of the kids who were shot and killed were minorities? Or is it because the corrupt media doesn’t want to show Chicago in a bad light? Amazingly, no Obama crocodile tears either.
For those of you have not got the point of this post yet, it’s to make the point about gun laws. No matter how tough the gun laws are, the crazed, nut jobs will find a way to get them and if they so choose, use them. No draconian law can stop this, no matter how well intentioned the law is, or if it’s just about leftists grabbing power from citizens and taking away their constitutional rights.
446 School Age Children Shot in Chicago last Year
THE LIST OF SCHOOL AGE CHILDREN SHOT IN 2012 by age:
· 18 year old- 110
· 17 year old- 99
· 16 year old- 89
· 15 year old- 62
· 14 year old- 39
· 13 year old- 21
· 12 year old- 10
· 11 year old- 2
· 10 year old- 3
· 9 year old- 1
· 7 year old- 3
· 6 year old- 2
· 5 year old- 1
· 4 year old- 1
· 3 year old- 1
· 1 year old- 2
Wow, is Illinois and Chicago great or what?
Perhaps the U.S. should pull out of Chicago?
Body count: In the last six months 292 killed (murdered) in Chicago. (Meanwhile, Handguns are banned) No concealed carry in Illinois
There were 221 killed in Afghanistan, fewer than were killed in Chicago AND Chicago has the strictest gun laws in the entire US.
Here’s the Political Cast of Characters from Chicago:
President: Barack Hussein Obama
Senator: Dick Durbin
House Representative: Jesse Jackson Jr. (recently resigned)
Governor: Pat Quinn
House leader: Mike Madigan
Atty. Gen.: Lisa Madigan (daughter of Mike)
Mayor: Rahm Emanuel
The leadership in Illinois – all Democrats.
Thank you for the combat zone in Chicago .
Of course, they’re all blaming each other.
Can’t blame Republicans; there aren’t any!
Chicago school system rated one of the worst in the country.
Can’t blame Republicans; there aren’t any!
State pension fund $78 Billion in debt, worst in country.
Can’t blame Republicans; there aren’t any!
Cook County (Chicago) sales tax 10.25% highest in country.
Can’t blame Republicans; there aren’t any!
This is the political culture that Obama comes from in Illinois. And he is going to ‘fix’ Washington politics for us???
George Ryan is no longer Governor, he is in the big house (Prison). Of course he was replaced by Rob Blagojevitch who is…that’s right, also in the big house. And Representative Jesse Jackson Jr. resigned a couple of weeks ago. That is because he is fighting being sent to…that’s right, the big house.
The Land of Lincoln, where our governors make our license plates.
But you know what? As long as they keep providing entitlements to the population of Chicago, nothing is going to change, except the state will go broke before the country does. Keep voting Democratic because it isn’t your guy who did this, or is it? Remember, your precinct captain or union boss will tell you who to vote for. You’re not supposed to think, they will do that for you.
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12th February 2013 at 12:02 pm
Maddie's Mom says:
They will empty our wallets one way or another.
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12th February 2013 at 12:05 pm
Hope@ZeroKelvin says:
@John A: You will never hear about these hundred of dead kids because:
1) Many of these kids are black, inner city, gang members, oops, meant to say “misunderstood youths”, the rest live in neighborhoods within shooting distance of these gangs, oops, youths. If you start talking about that fact, you have to open up the whole kettle of shit about the complete implosion of the black family after 50 years of libtard proglodyte policies.
2) Chicago has some of the tightest gun laws in the country, yet, somehow, there are record numbers of gun deaths, hmmm, let’s see, nope, can’t figure that one out.
3) Chicago has been under the rule of libtard proglodytes for 100+ years, enough said. See Detroit, Atlanta, LA, Baltimore, NYC, Camben NJ for other examples of the destructive nature of the libtard proglodyte policies. Nope, can’t figger that one out neither.
4) These dead black kids or their parents are not big donors to the DNC.
5) These 446 dead black kids will not generate the same political shit storm that 20 dead white kids will.
Glad to clear that up for you.
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12th February 2013 at 12:16 pm
card802 says:
It’s pretty much all over anyway if the next Pope is Italian, then St Malachy’s prophesy is fulfilled.
“In the final persecution of the Holy Roman Church there will reign Peter the Roman, who will feed his flock amid many tribulations, after which the seven-hilled city will be destroyed and the dreadful Judge will judge the people.”
The end?
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12th February 2013 at 12:20 pm
Stan says:
I won’t hear nothing tonight from Obama cause I will not watch a second of the farce
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12th February 2013 at 12:34 pm
Stucky says:
I will not watch one second of Obama’s lies. I’ll read about it here tomorrow … cuz some of you sap suckers will watch it and get all worked up and shit. LOL
Michigan plays at Michigan State at 7PM on ESPN.
At 9PM, Kentucky plays at Florida.
Both will be terrific games, and INFINATELY more interesting than what’s his name.
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12th February 2013 at 12:51 pm
flash says:
..for tha’ chirren!
“Nothing we’re going to do is going to fundamentally alter or eliminate the possibility of another mass shooting…”
– Joe Biden
That’s because it’s not intended to do so.
http://elborak.blogspot.com/
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12th February 2013 at 12:53 pm
flash says:
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12th February 2013 at 12:54 pm
Stucky says:
Here is my pictorial pre-game Obummer analysis. This will save you from watching his schtick, because I am ONE HUNDRED PER CENT corret.
1. You will never hear this. (accept blame)
2. You’ll hear lots of this (place blame)
3. Same old shit. HIDE YOUR WALLET !!!!
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12th February 2013 at 12:57 pm
flash says:
There Will Be No Economic Recovery. Prepare Yourself Accordingly.
http://www.youtube.com/watch?v=bYkl3XlEneA&list=FLtTotsmuIgzb-m3L14_slDA%20%C2%A0
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12th February 2013 at 12:59 pm
Stucky says:
Kind of weird that I spelled correct wrong.
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12th February 2013 at 12:59 pm
AWD says:
Obama To Reveal Surprise on Economy in SOTU Speech
Sources within the White House today hinted the President Obama will unveil a surprise proposal on the economy in Tuesday night’s State of the Union speech.
According to conventional wisdom, the President is expected to announce that he will once again be pivoting to jobs and the economy; however, insiders speaking on deep background say this is not the case.
“He’s tired of pivoting”, said one member of the president’s inner circle. “He pivoted to jobs and the economy quite a lot in his first term and the balls of his feet are getting sore. I understand he’s going to take a completely new approach, one that he hasn’t tried before… I think he’s going to swivel to jobs and the economy.”
“Nonsense”, said another source who believes the other sources are full of crap. “He just saw his podiatrist and the balls of his feet have never been better. Pivoting is what he does best! I don’t think he even knows how to swivel.”
The president came under some criticism in his first term due to the fact that unemployment rates and economic growth failed to improve much despite his repeated pivoting to them. Mr. Obama’s defenders counter that this was due to the damage done to the economy by his predecessor, President Bush.
“President Obama’s pivots haven’t worked as well as we hoped because Bush oscillated to jobs and the economy!” one of Mr. Obama’s top advisors claimed. “Policies of oscillation favor the rich whereas pivots help the middle class!”
“We will not go back to the failed policies of economic oscillation”, a speechwriter acting as intermim Treasury Secretary stated. “We have confidence our ideas are working. Rest assured, as Mr. Obama said, if he cannot fix the economy by pivoting within 7 years, he will not run for another term. That’s a promise.”
But the source that the second source said was full of crap remains steadfast. “Pivoting is out. My money’s on swivelling, although he could announce a twirl to jobs and the economy in an effort to reach out to the gay community. A hinge to jobs and the economy is a possibility because of his desire to increase manufacturing. Mrs. Obama told him not even to think about a pirouette.”
The last word, as always, will be President Obama’s.
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12th February 2013 at 1:02 pm
Ron says:
Obama or Bush.The bankers pull the strings.
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12th February 2013 at 3:54 pm
Dorkus Maximus says:
I wonder if he’ll talk about the state of Michelle’s ass.
The onlyy thing scarier than the deficit, growing faster too!
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12th February 2013 at 3:59 pm
matt says:
I can tell you first hand about so-cal gas prices. I saw a 30 cent jump in 48 hours last week. I also paid $4.00 more for a bag of dog food than the previous trip 2 weeks ago. Yeah, we are on the right track and things are getting better (sarc). I just want to throw up half the time, I don’t have any hope or faith as to where it goes from here.
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12th February 2013 at 4:06 pm
DaveL says:
I listened to some fucking nimrod on MSNBC say that, “Chitcongo(my term) has strict gun contol laws and there are no stores in Chitcongo that sell guns. All the guns are coming in from outside the city. The shooter of the 15 year old girl had been out on parole three times, and we need stricter gun control laws because he was out on parole.
No jackwad, you needed someone with a gun to shoot that motherfucker.two paroles ago.
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12th February 2013 at 4:18 pm
flash says:
“The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to the doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can ‘throw the rascals out’ at any election without leading to any profound or extreme shifts in policy…. Either party in office becomes in time corrupt, tired, unenterprising, and vigorless. Then it should be possible to replace it, every four years if necessary, by the other party, which will be none of these things but will still pursue, with new vigor, approximately the same basic policies.”
Carroll Quigley, from Tragedy and Hope
Tragedy and Hope – Carroll Quigley
Tragedy and Hope A History of the World in Our Time By Carroll Quigley Volumes 1-8 New York: The Macmillan Company 1966 Table of Contents Introduction Preface Part One Introduction: Western Civilization In Its World Setting Chapter 1 Cultural Evolution in Civilizations Chapter 2 Cultural Diffusion in Western Civilization 2 Chapter 3 Europe’s Shift to the Twentieth Century Part Two Western Civilization to 1914 Chapter 4 The Pattern of Change Chapter 5 European Economic Developments Chapter 6 The ..
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12th February 2013 at 4:27 pm
Stucky says:
Moochell Obama’s ass, 2008
Moochelle’s fat ass 2 days ago
Barack Hussein considers a new lover
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12th February 2013 at 4:30 pm
flash says:
BTW, you can down load Perfesser Quigley’s magnum opus here…. if you’re so inclined.
http://archive.org/details/TragedyAndHope
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12th February 2013 at 4:33 pm
AWD says:
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12th February 2013 at 4:40 pm
AWD says:
Cardinals Mull Obama Papacy
Vatican insiders today report what is an apparent “testing the water” move by the White House to suggest President Barak Obama as a possible replacement for retiring Pope Benedict XVI. Father Guido Sarducci, unofficial Vatican spokesman, confirmed that a “highly placed person” in the administration had floated the idea of naming Obama the Vicar of Christ on Earth when Pope Benedict steps down at the end of the month.
White House Press Secretary Jay Carney was quick to state that any talk of the President leaving his current office to assume the duties of the supreme pontiff was irresponsible. “We are quite sure that the President would be able to fulfill the duties of both roles simultaneously,” Carney reassured reporters. He admitted that, like assuming the mantle of the presidency, becoming pope would entail a step down for the Lightbringer, but in his typical humility the President would be willing to do so to set the Church straight on a number of vital issues. “Internally, the Church needs a thorough reorganization, starting with assigning SEIU representation for each diocese, and this staunch resistance to the human right of abortion on demand has obviously got to stop.”
Carney pointed out the advantages of having a Pope Hussein at the helm of the Church. “Imagine the ecumenical possibilities in the Middle East,” the Press Secretary suggested. “This could be the moment when the Earth begins to heal itself, when the waters start to recede in the relationship between Islam and Christianity.” He invited reporters to consider how a heartfelt apology to the Arab World for the Crusades could open up an entirely new era of interfaith cooperation. While this would of course “require all lands stolen from the Caliphate by Christendom be returned to the Dar-al-Islam,” Carney reminded reporters that the Muslim call to prayer at sunset was one of the sweetest sounds on Earth and that he was sure the Spaniards would welcome back shari’a law.
Carney closed the briefing with an emphasis on the historic opportunity this presented to the College of Cardinals. “Imagine, if you will, not only the first African-American pope, but indeed the first non-Catholic pope. I only hope the College of Cardinals can overcome their racism and religious bigotry to make the clear choice.”
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12th February 2013 at 6:55 pm
jim says:
As far as gasoline prices go – I have seen the price of a gallon of gasoline jump up from $3.53 per gallon to $3.79 In less than ten days. I have seen the price of on road diesel go up from 4.14 per gallon to 4.27 per gallon IN LESS THAN 24 hours! I went to work at 5pm and the price was 4.14 per gallon. When I got relieved from work at 2 am the new price was $4.27! They didn’t even wait for ‘day break’ to change the diesel price. “SOMETHING WICKED THIS WAY COMES”!
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12th February 2013 at 5:47 am
Administrator says:
Record February Gas Prices Mean It’s Time To Blame The Hedge Funds Again
Submitted by Tyler Durden on 02/13/2013 09:34 -0500
As the AAA chart below shows, the gasoline price is now higher than it was a year ago, and has been for the past two weeks, which also automatically means it is the highest it has even been in history (naturally, the implications of this record high gasoline tax on the cash-strapped US consumer are painfully clear).
So with gas prices once again “an issue”, it is time to trot out the worn out scapegoating usual suspects – those evil, evil hedge funds, whom everyone is perfectly happy to blame. Or at least pest exterminators and cab drivers. From Reuters:
At a filling station in Midtown New York last week, several people were prepared to blame traders on Wall Street as they paid more than $4 per gallon to fill up their cars.
“It really is not supply and demand. It’s definitely speculation,” said John Keegan, an exterminator with pest control company Terminate Control, who was filling up his van. A cab driver said he was convinced the price would be just $1 a gallon if the government “stopped Wall Street trading oil.”
Of course, what the exterminator and cab driver fail to understand, or just are happy to ignore, is that the same hedge funds that merely allocate the Fed’s virtually “open-ended” excess liquidity into stocks, which are now beyond furiously overvalued by any benchmark, and which as we explained over the weekend are trading at a higher forward P/E multiple now than they were in 2007, have increasingly few choices where to park their money, and even with the threat of the Margin Hiker in Chief sending CME margins to 100% across the energy space, sooner or later, those $85 billion in fresh monthly liquidity will go into Brent, WTI, and of course, gas.
However, while everyone is happy when stocks surge courtesy of what little 401(k)’s are left, , very few benefit from soaring gas prices. Which is why the exact same mechanic that has sent the Russell 2000 to all time highs, is responsible for a record high gas price for this day in February. But apparently the logic is too complex, and blaming Bernanke for the same outcome as surging stocks, is a little too convoluted for most. Or at least for one pest exterminator and cab driver.
Ironically, the hedge fund against these accusations makes far more sense, than the blind and idiotic scapegoating of Bernanke’s ruinous policies on those who merely serve as a the liquidity conduit implementing Bernanke’s policies:
Hedge funds say they are just an easy target and blaming them ignores global reasons for higher oil prices and the benefits they have brought to the U.S. economy.
“Consumers shouldn’t complain,” said a London-based manager of a commodity hedge fund who declined to be named. “Sustained higher prices led to a massive increase in U.S. production and decreased U.S. demand, which is helping the economy in a big way.”
Yet none of this matters to the Micro Manager in Chief who wants his Dow 32,000 cake as well as eating $0.00 premium too.
The way things are going, Americans could spend more on gasoline this year than ever before. The average U.S. household is already spending nearly $3,000 a year on gasoline expenditures, according to a recent government estimate.
That could become a political hot potato for President Barack Obama’s administration ahead of the summer driving season, which officially starts on the Memorial Day holiday weekend at the end of May.
Plans by U.S. regulators to curb the number of oil contracts hedge funds can hold are currently on appeal. A judge ruled last year they had failed to demonstrate position limits are necessary because there was not enough evidence linking speculation to big price swings.
“Motorists are paying more for gasoline at this time of year than they’ve ever paid,” said AAA spokesman Michael Green. The average price could rise as high as $3.73 a gallon in May of this year, the U.S. Energy Information Administration said on Tuesday.
And while it was out of control, runaway Brent and gasoline that forced the Lehman collapse in 2008, and with it set off the biggest deflationary episode in 80 years, this time the fuse is far shorter, and will likely come out of China, which when it comes back from holiday and preps for the spring and summer “growth” season, will realize just how hot all the inbound money truly is, send Chinese inflation spiking and just as in the spring of 2011, spoil the party for the “developed world’s” central banks once the assorted riots start breaking out as they did in the late spring of 2011, leading to the ECB hike, and various other immediate liquidity tightening processes. Because this will not be different.
But in the meantime, let’s all cast the blame for soaring gas prices with the hedge funds, and not where it truly resides: Ben Bernanke, and an administration whose only goal is to push the stock market higher irrelevant of how the underlying economy is actually doing.
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12th February 2013 at 10:24 am
card802 says:
This is pretty funny:
So how can over 873,000 people come off the unemployment line when there were only a little over 114,000 jobs created?
Luckily I found a transcript of a conversation between two eminent economists discussing this very question!
Here we go, the recent unemployment report explained —
COSTELLO: I want to talk about the unemployment rate in America.
ABBOTT: Good Subject. Terrible Times. It’s 7.8%.
COSTELLO: That many people are out of work?
ABBOTT: No, that’s 14.7%.
COSTELLO: You just said 7.8%.
ABBOTT: 7.8% are Unemployed.
COSTELLO: Right 7.8% out of work.
ABBOTT: No, 14.7% people are out of work.
COSTELLO: Okay, so it’s 14.7% unemployed.
ABBOTT: No, 7.8% unemployed.
COSTELLO: WAIT A MINUTE. Is it 7.8% or 14.7%?
ABBOTT: 7.8% are unemployed. 14.7% are out of work.
COSTELLO: IF you are out of work you are unemployed.
ABBOTT: No! Obama said you can’t count the “Out of Work” as the unemployed. You have to look for work to be unemployed.
COSTELLO: BUT THEY ARE OUT OF WORK!!!
ABBOTT: You miss his point.
COSTELLO: What point?
ABBOTT: Someone who doesn’t look for work can’t be counted with those who look for work. It wouldn’t be fair.
COSTELLO: Fair to whom?
ABBOTT: The unemployed.
COSTELLO: But they are ALL unemployed.
ABBOTT: No, the unemployed are only the out of work people actively looking for work. Those unemployed who gave up looking for work are no longer in the ranks of the unemployed.
COSTELLO: So if you’re off the unemployment rolls that would count as less unemployment?
ABBOTT: Unemployment would go down. Absolutely!
COSTELLO: The unemployment goes down because you don’t look for work?
ABBOTT: Absolutely it goes down. That’s how the current administration gets it to 7.8%. Otherwise it would be 14.7%. Our govt. doesn’t want you to read about 14.7% unemployment.
COSTELLO: That would be tough on those running for reelection.
ABBOTT: Absolutely.
COSTELLO: Wait, I got a question for you. That means there are two ways to bring down the unemployment number?
ABBOTT: Two ways is correct.
COSTELLO: Unemployment can go down if someone gets a job!
ABBOTT: Correct.
COSTELLO: And unemployment can also go down if you stop looking for a job!
ABBOTT: Bingo.
COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to have administration supporters stop looking for work.
ABBOTT: Now you’re thinking like the Economy Czar.
COSTELLO: I don’t even know what the h— I just said!
ABBOTT: Now you’re thinking like our current President
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12th February 2013 at 5:31 pm