By Henry Decker

‘Etch A Sketch’ Adviser: Obama Stole Mitt’s Idea For Auto Bailout

April 30, 2012 4:53 pm Category: Memo Pad 38 Comments A+ / A-
‘Etch A Sketch’ Adviser: Obama Stole Mitt’s Idea For Auto Bailout

Eric Fehrnstrom — the Romney campaign adviser best known for saying that the former Massachusetts governor’s right wing primary positions could be erased like an Etch a Sketch — is making news again with another dubious claim.

Fehrnstrom told a Washington Post panel on Saturday that President Obama’s decision to bail out the American auto industry was actually Mitt Romney’s idea.

“[Romney’s] position on the bailout was exactly what President Obama followed. I know it infuriates them to hear that,” Fehrnstrom said. “The only economic success that President Obama has had is because he followed Mitt Romney’s advice.”

Fehrnstrom may be right that his claim will infuriate liberals, but the rest of his statement is false. Romney, who famously penned a November 2008 op-ed in the New York Times titled “Let Detroit Go Bankrupt,” cannot credibly claim to have advised President Obama to keep Chrysler and GM from going under.

In the op-ed, Romney argue that the two auto giants go through a managed bankruptcy where the only funding would come from the private sector — even though, as the Obama administration’s “car czar” Steven Rattner has pointed out, “in late 2008 and early 2009, when G.M. and Chrysler had exhausted their liquidity, every scrap of private capital had fled to the sidelines.”

Romney’s comments in the days before Michigan primary further undermined  his ability to both win his father’s home state and  to take credit for the bailout. In a February op-ed in the Detroit News, Romney slammed the bailout as “crony capitalism” and wrote that “all the defects in President Obama’s management of the American economy are evident in what he did.”

“The president tells us that without his intervention things in Detroit would be worse,” Romney wrote. “I believe that without his intervention things there would be better.”

It’s not surprising that the Romney campaign would want to take credit for the auto bailout, which is now both popular and successful. Given Romney’s long history of attacking the policy, however, no amount of Etch a Sketch shaking would be likely to erase voters’ memories of his true position.

‘Etch A Sketch’ Adviser: Obama Stole Mitt’s Idea For Auto Bailout Reviewed by on . Eric Fehrnstrom -- the Romney campaign adviser best known for saying that the former Massachusetts governor's right wing primary positions could be erased like Eric Fehrnstrom -- the Romney campaign adviser best known for saying that the former Massachusetts governor's right wing primary positions could be erased like Rating:

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Comments

  • 1AmericanHoney27

    The White House Correspondents Dinner is over so Fehrnstrom needs to stop with the jokes. If I don’t consider that as a joke my only alternative is to call him a liar. Please Sir just shake that little red box that all you Republi-pricks carry in your pockets & ” Rewrite “. Tell the trueth this time. Thanks.

  • howa4x

    Maybe Romney will take crdit for having advised Obama to kill bin Laden. Every time Mitt tries to say one of Obama’s successes was his idea it only makes people aware of how many successes the president had

  • William Deutschlander

    Well, well, well, the HYPOCRITE, LYING MACHINE is well oiled and running in high gear!

    Fehrnstrom and the rest of the lying, distorting Republican Machine are in voice, chanting the FALSE, IGNORANT LIES that are the Republican TRADE MARK!

  • ObozoMustGo

    BH Obozo has had a sum total of 1 (one) success. Ordering the killing of OBL. That’s it. There is nothing else in 4 years. Nothing. And even that isnt really as big a deal for him as it is for the soldiers who actually did the mission.

    Lets take a look at some of Obozo’s other “successes”…….

    1) Obozo comes into office $9T in debt. 3 years later, $16T in debt
    2) 2 years complete control of the government. NO budget as required by the Constitution. Still has no budget. The one budget he presented that was actually voted on by the Senate wend down to defeat by a vote of 97 to 0. Nice work Mr. President!!! THAT IS an accomplishment!
    3) A new bankrupting entitlement program called Obozocare jammed through congress against the vast majority of Americans who were against it (and still are) and with the blessings of the idiot Nancy Piglosi who said “we have to pass the bill before we know what is in it”. And after all that, the crowing achievement of this president will be struck down like a rabid dog by the SCOTUS. Nice work, Mr. President!
    4) Persistent unemployment that has been the worst since the Great Depression, especially among blacks and young people. His administration keeps claiming unemployment is going down, but in reality, they manipulate the formula by reducing the # of jobs available. And then they claim that over 8% unemployment is good! Quite an accomplishment in propaganda, but not economics, Mr. President.
    5) Promises to close Gitmo…. instead, he spends $750K on a soccer field for terrorists. Dont get me wrong, Gitmo should stay open. This is an example of how stupid and naive Obozo really is. Nice accomplishment, Mr. President!
    6) Gas prices are up 100%++ across the nation. And Obozo is so dumb he actually believes that increasing supply has no effect on prices… what an idiot! Blocking EVERY permit that has come before his administration and blocking pipelines that increase supplies does HAVE consequences, Mr. President. Gas prices are through the roof! Nice going Mr. President!
    7) Real inflation rates are close to 8% or higher. Who measures inflation without food and fuel??????? Obozo does! Another strong achievement in propaganda, Mr. President!
    8) SOLYNDRA!!!!!!!! need I say more? OK, I will. SOLAR TRUST… another BILLION DOLLAR boondoggle in your attempt to play venture capitalist with taxpayer money that actually goes to your FAT CAT financier friends who are big donors. Nice money laundering accomplishment, Mr. President!
    9) Fast and Furious!!!!! If this was a Republican Admin, all of you nutjobs that write on this web site would be going justifiably ballistic!! It would be the lead story on ABC, CBS, NBC, MSLSD, CNN, etc. etc.

    I’ll continue to refocus the discussion on what is important and not these foolish smokescreens the left throws up to obfuscate Obozo’s true failure as a socialist in the White House.

    Have a nice day!

    • hubydoll166

      Pure ignorance defines you as a person..The drapes will never be opened in your eyes..You would be in a much worse place today if your beloved stooges had their way. The worst part is that your too ignorant to know it..gotta pitty the FOOL.

      • ObozoMustGo

        Not so sure I’m the ignorant one in this exchange, huby! Everything I wrote is accurate! Everything!

        Have a nice day!

    • http://www.facebook.com/people/Charles-Henderson/100000806330683 Charles Henderson

      I still bet that you drive a pick-up.

      • ObozoMustGo

        Hey Chucky! I’ll bet you’re still blind and believe in your messiah, Obozo, dont you?

        Have a nice day!

    • mah101

      Hmm, where to start…

      1. An appropriate government response to the loss of liquidity and spending in the private sector is to stimulate the economy with government spending. Try taking some macroeconomics courses.

      2. The president doesn’t pass budgets. Control of budgets and spending is constitutionally the responsibility of Congress. Go back and read the Constitution that you throw around without any understanding of it.

      3. Health care is a major drag on our economy and a serious problem for millions of Americans. We’ve been trying to fix it for decades. While the current law is far from perfect, it is a step towards fixing the problem. Really, when has the Republican party seriously tried anything than free market voodoo to deal with this issue?

      4. Unemployment is bad, yes, but better than many other developed countries in the world. In fact, most European countries would love to have the economy that we currently have (oh, and they are the ones that cut their spending in the face of economic downturn, but don’t let real world evidence get in the way of your rant).

      5. I wish he’d close Gitmo. Period.

      6. Really, how stupid do you need to be to think that gas prices are controlled by the President of the United States? This is a global market, prices are dictated by increasing demand throughout the world. Production in the US is way up, but we don’t control oil prices, and the Keystone Pipeline to which you tangentially (look it up) refer will have zero effect on gas prices in the US.

      7. Its a bad economy in the process of getting better. Really, if you think it’s bad here why don’t you move to Europe and see how the policies you seem to advocate work in the real world?

      8. Providing incentives for new markets that push our industry and innovation in important developments has always been a smart move. Free markets are not free, they benefit and are shaped for public benefit by government incentives. Sometimes those incentives don’t work. Big deal, get over it.

      9. Really? You seriously think that is an issue that the President had anything to do with? Desperation is so sad.

      I would hope that you take this response as reasonable advice, but my guess is that facts and reality have little to do with your positions.

      Thank you for the good wishes, and I hope you have a nice day as well.

      • ObozoMustGo

        mah… you must work for the BH Obozo campaign. It’s standard fare to blame Bush for everything, and take NO blame for anything that happens on his watch.

        1. There is no such thing as “stimulus”! You dummies that still think JM Keynes was correct have ZERO capacity to think. Where does government get the money it spends? From taxes, from borrowing, or from simply printing money. It does not get money in any other way. So, when government spends money it does not have, what happens? We have debt. Who pays the debt? That’s right, ultimately, taxpayers must pay the debt with the earnings from productive work. So, in the end, the government is actually spending OUR money and calling it “stimulus” when we in the end we must pay for it anyway. In other words, they spend my earnings that I then have to pay them back for it. What kind of idiot thinks this is a good deal? Only leftist nutjob idiots think this is a good deal.

        2. You are ignorant of the fact that Obozo controlled the entire show for TWO FULL YEARS!!! Where was the budget? NONE. They didnt want to go on record for voting to bankrupt the nation or put into a budget the money laundering union payoffs they called “stimulus”.

        3. Healthcare costs soo much precisely BECAUSE the government is so involved in it. But you socialist minded lefist nutjobs can never see that.

        4. You know you have no argument when you have to start pointing at bigger failures of your own socialist policies as a means to justify the success of your own. Bad argument here, mah! Really bad argument here.

        5. I am in the tenuous position of having to defend Obozo. He learned the reality and went against what he said he would do when he was naive. Leaving it open IS the right thing to do.

        6. When Bush was in office, the 2006 midterms turned into a sweeping DumbocRAT victory because they relentlessly attacked Bush for high gas prices. It was everything the DemocRATS spoke of publicly and the leftist media ran those stories about people pumping gas and complaining about the high prices. They 100% laid that issue at Bush’s feet. Now the tables have turned and you leftist morons dont like it. Too friggin bad. Obozo has been anti-energy from day 1 and you know it. He doesnt control prices, but his policies influence them over a number of years. Too bad, he’s gonna own this issue just like he should!

        7. You are eating your own vomit and telling yourself that it tastes good. They just revised prior stated economic growth downward yet again. It’s pathetic that our economy is only growing at barely 2% per year. Obozo’s own Admin keeps forcasting 4%+ growth every year. AND THEY ARE ALWAYS WAAAAYYYYY OFF. Obozo hasnt come close the growth he predicted, and you know it!

        8. “Providing incentives for new markets” IS NOT the job of the government and is absolute criminal misuse of my tax dollars for Obozo to grant billions to his FAT CAT financier and donor buddy’s companies. The government is supposed to be the referee, not a player in the game. Of course, a good chunk of that taxpayer money finds its way back into Obozo’s campaign coffers, doesnt it? And after all, that’s what’s important!

        9. Fast & Furious is a MAJOR scandal that is being ignored by the state controlled leftist media. If this was a Republican scandal, it would NEVER come off the front pages and lead stories on TV unitl after the election. You know it’s 100% true! Holder’s lies in testimony to Congress are proof that something else is there and they are hiding it.

        Have a nice day!

        • mah101

          I am beginning to think you are not sincere in wishing me a nice day…

          No, I am not working for the Obama campaign, and I have serious concerns with some of his policies, particularly in the area of erosion of civil liberties. So, to say that any of those who oppose you are ignorant blind supporters would be a serious mistake. If you have legitimate concerns and issues, it is best to listen to those who have different perspectives.

          Now, I thank you for your vitriolic reply, and sincerely wish you a nice day.

          • ObozoMustGo

            Forgive me, mah, for presuming you are amongst the ranks of the leftist nutjobs who slither about on this site. Or by presuming you’re an Obozo Zombie locked into his cult of personality. Not sure what else one could conclude given your post and albeit false, but ardent defense of the defenseless in Obozo’s failed record. That’s all. By the way, dont mind the vitriol. It’s all in good fun.

            And seriously, please do have a nice day! :-)

    • http://profile.yahoo.com/MQPSKLEBJJDHTMWM7UEQ5BVB3Q Karen

      Too bad that your “facts” are crap! But what can we expect from a tea bagger! Who took a surplus an turned it into the biggest debt we have had? The bush and his band of idiots, the GOP leadership! Who lied about why we went to war and therefore made our debt worse! The bush and his band of idiots, the GOP leadership! Who continued the failed ecomic policies of the idiot in chief, Reagan? The bush and his band of idiots, the GOP leadership! Who created the economic crisis we are in? The bush and his band of idiots, the GOP leadership! And there is so much more!
      So, you have a nice day in your make believe world!

      • ObozoMustGo

        Dont like the truth, eh Kar? Too bad for you!

        Have a nice day!

    • TC514

      1. Most of the deficeit was built in when bush left office: 2 unfunded wars + tax cuts. Economy in shambles: banking debacle + housing crash.

      2. boners statement vote NO on anything Obama tries to get past. Even obama tried passing repulican ideas, the republicans KILLED THEM.

      3. I know you probably don’t care about anybody but yourself BUT:
      a. 40 million poor americans will have health care.
      b. People with pre-existing conditions can NOW get affordable health care.
      c. The program could have been better but it’s called compromise, something the right won’t do.

      4. Unemploment is bad but getting better. It would have been much worse if he had let the auto industry go bankrupt like Mitt wanted to. It would have been worse without the financial bailout. It’t funny/pathetic that even right wing administrations have used stimulus to get out of recessions before but people LIKE YOU want to ignore the facts when there inconvient! You are right about 1 thing though, it is the worst recession/depression since the 1930s.

      5. He tried to close gitmo but there are political realities.

      6. Yep gas prices are up and a lot of it has to do with iran. Oh by the way if we attack iran like the right wing wants to do they will be ALOT higher. Also, you might want to check your facts. We will be exporting oil and gas for the 1st time in US history. That pipeline your so worried about, that gas will not be used in the US, it will be shipped over seas.

      7. No it’s the federal goverment. The inflation formula has been tweeked I believe 8 time since the late 1970’s. How many republican president have there be since then? You are absolutely correct about not including gas and food in the formula. It unfortunate that this dispropotionately hits the poor and retired fixed income people. Of coarse you would CRYING even louder if it was fixed. Since the way to fix inflation is to raise interest rates which of coarse would slow the economy and lead to more unemployment! Pick one you cannot have it both ways.

      8. I know your perfect. You’ve never made a mistake in your life. Your secret name is GOD or so you think. I bet you wanted Sara Palin for president. You LIKE the road to nowhere. You like the fact that she’s an expert on Russia. After all, she can see it from Alaska :-)

      9. The republican/teabag mantra, “It’s all a conspriracy”. Well I guess your right. There was Watergate, contra rebels, Bush #1 raising interest rates 3 years after reagan cut them and of coarse ending the 1st Iraq war without killing Saddam, lying to the american people about weapons of mass destruction. I Know you forgot again. It’s all a conspiracy of facts!

      Try to focus on the facts and not obfuscate the republican failures.

      You have a nice day to.

      • ObozoMustGo

        TC… you’re just another good useful idiot trying to carry Obozo’s water while distracting away from the fact that the bucket holding the water has a million holes.

        See my responses to others. I think all points are addressed in those responses.

        Have a nice day!

    • ralphkr

      #3 I consider a victory even though it was butchered with all the changes to guarantee continued huge profits for big pharma and insurance in a failed attempt to get the Republican, and some Democratic, who are bought and paid for by those entities to vote for a semi-civilized. I feel that if the current flawed plan is not corrected that it shall only raise my taxes by about $4K (and has already lowered my PPO health insurance premiums) and, most importantly, means that my great-grandchildren shall have access to health care. Under our supposedly private enterprise some of my descendants had to choose between health care and housing.
      #6 If more oil supply equals lower fuel costs, Obozo, I do wish you would explain why Saudi Arabia, neck deep in oil, subsidizes fuel costs to the tune of $30+ Billion a year so they can fill up their Veyrons, RRs, and Bentleys on the cheap.

      • ObozoMustGo

        Hi Ralph! I hope you are well.

        3) In response, you must be the only person whose prepaid healthcare premiums have gone down. Mine, and everyone else’s across the nation, have gone up a couple of thousand dollars a year on average. You want to costs drop? Get the government OUT of the healthcare business all together and open the market up completely. Have you noticed that every industry the government is intimately involved with, costs skyrocket? Witness the costs of college.

        What do you think would happen to the cost of car insurance if the government got involved as deeply as they are in healthcare? What if your car insurance had to pay for your routine maintenance like oil changes? What if the government had to be involved in detailed oversight of mechanics and paperwork for every service was 10 pages deep? Certainly the mechanic’s costs would go up so the bills would go up. Dont you think that the cost of car insurance would go absolutely through the roof? Of course it would. Then the lefties would all scream that “the poor are unfairly discriminated against because they cant afford the same or any insurance as those EVIL rich guys”. Then politicians, sniffing another opportunity to tax and spend, would create new programs to “help” the poor to afford cars and car insurance. And costs would skyrocket yet again. And no matter what the reality and consequences are, the lefties would “feel so good” about all the “good” they did, while ignoring the fact that they destroyed a once healthy, vibrant, efficient, and competitive industry.

        6) Ralph, I know you guys on the left dont like it, but it’s true. The law of Supply and Demand still holds true just like the law of gravity, my friend. Here’s proof right in front of you. What has happened to the price of natural gas in the past 4-5 years, Ralph? With the Marcellus and Eagle Ford formations, NG is now at about $1.90 per 1000 cubic feet. That’s about an 80% drop. Do you know how much they pay for NG in the rest of the world? Anywhere from $13 to $18 per 1000 cf. Supply and demand works, Ralph. Like it or not, it does.

        Re: Saudi Arabia. How do they subsidize that which the government already owns? ALL oil in SA is owned by the Saudi Royal Family. Does paying your right hand with you left count as subsidy? I dont think so. Gas is about 93 cents a gallon there last time I looked. If anything is subsidizing their gasoline prices, it’s the daily global buyers that are paying them a market price for their oil that costs them less than $10 per barrel to recover. If they price gasoline internally according to what it costs them to extract a gallon, it’s probably priced too high at the pump.

        Finally, we cant talk about oil prices without ALSO recognizing that global oil trade is done in US Dollars. When our government is $16 TRILLION in debt and when our Federal Reserve is just printing dollars as fast as they can get ink and paper, the value of each dollar declines. As the value of each dollar declines, it takes more of them to purchase the same barrrel of oil. That means the price is going up because of a devalued currency. AND THE DEVALUATION OF OUR CURRENCY IS ABSOLUTELY ON OBOZO’S WATCH RALPH! GWB was also a party to this disastrous fiscal policy, but Obozo has taken it to a new level.

        Big inflation is coming Ralph, and retirees on fixed incomes are going to be HUGELY F….D! I am sorry to say.

        Have a nice day, Ralph!

        • ralphkr

          Well, I reckon that if the Government was involved with my auto insurance that my rates would be cut by a minimum of 25% and very probably by 50%. Consider that the US spends more per person than ANY country with universal health care (The last figure I saw was that the US health care costs was $8,402 per person. The most expensive universal health care nation was Switzerland at just under 75% of our cost per person (Probably so expensive because their system is run by insurance companies) and the average for all industrialized nations is just under 50% of US costs. And don’t give me that canard about poor health care in countries with universal health care because their life expectancy is better than ours and their infant mortality rate is much lower than ours. Admittedly, the wealthy get better service here because if you have the money you go to the head of the line and move into a luxury suite in the hospital. By the way, the US health insurance companies touted their study (posted on the Internet) showing that premiums would go up by 39% if ObamaCare was passed but, oddly, their ads failed to mention that their study also showed that during the same period the premiums would go up by over 75% if ObamaCare was NOT passed. That study was removed from the Internet shortly after the companies discovered that people had read the whole thing and were posting about it.
          #6 Saudi Arabia is NOT subsidizing crude oil price but is spending over $30Billion per year subsidizing the pump price in Saudi Arabia. They also have another big subsidy to be able to deliver electricity at half the cost of production.
          Speaking of inflation: I still remember my shock when I discovered bread had jumped to $0.79 a loaf (same price as a quart of ice cream) in Alaska. We had been paying $0.15 a loaf in the Midwest 4 years before and today that same loaf is nudging $5. (Bigger jump than gasoline prices) What will truly kill the dollar is if they stop pricing oil in dollars and stop using the dollar in international trade. We shall then see true inflation such as Hungary in 1946 when prices doubled every 15.6 hours for a month and they even issued a 100Quintillion note (not enough room for all 20 zeros so they spelled it out as “100 million million million”.

          • ObozoMustGo

            Ralph… it’s a fantasy to believe that the introduction of a third party like government, who has NO interest in efficiency and does nothing productive, into a marketplace will reduce the costs of products and services. It simply is NOT true. And the fact that you lefties all cite the same super-flawed study about costs and where the US stands in terms of medical care compared to the rest of the world is a joke. The whole study was a result looking for data to justify it’s conclusion.

            You correct about the death of the dollar. If you are paying attention, you already know that many countries are already beginning to trade in their own currencies. China has been hoarding gold for 10-15 years and just wait until they back their currency with gold. Goodbye US Dollar! Hello super inflation and economic collapse. It’s going on right now, Ralph. Slowly but surely, China will take us down without firing a shot and using our own irresponsible addiction to debt as their weapon.

            Here’s a great book for you (or anyone) to read about this: “Currency Wars” by James Rickards. He wrote the book based upon a study he did with others in the Pentagon that sought to play war games, not with guns, but with finances. Fascinating and scary read. Give it a shot, Ralph.

            Have a nice day!

            PS> I wish I had one of those Hungarian “100 million million million” notes.

          • ralphkr

            I am puzzled about the “same super-flawed study” that we lefties (by the way, my wife and children all consider me a conservative but people where I grew up all considered me a lefty just as they considered Goldwater too far left) all cite. Are you referring to the projected cost of insurance as published by Health Insurance company economists in 2009? Or the annual compilation of projected life spans? Or the annual compilation of overall health costs? Or the various articles (not studies) published that cite published figures?
            Of course, government involvement does tend to raise costs of production while at the same making products and the work place safer. Government involvement also tends to get in the way of the formation of monopolies which definitely lowers consumer prices. For example: My father wanted to get electricity after the private electric company ran their power line across our farm (without paying a dime for the land they seized) in the 30s but they wanted $12,000 (in 1936) to install a transformer and drop a line (additional cost to run the line to our buildings). Twenty some years later a quasi-governmental Rural Electrification Company was started in the area and they ran a line to our yard power pole for $2,500. Bear in mind how much less the dollar was worth in the 50s than in the 30s. Also the unit cost for electricity was much less from REA than from the electric company and they both were making a profit.

            I agree that it would be great to have one of those Hungarian notes. Actually, Nigeria had an even bigger note but they never distributed it.

      • ObozoMustGo

        Hi Ralph! I hope you are well.

        3) In response, you must be the only person whose prepaid healthcare premiums have gone down. Mine, and everyone else’s across the nation, have gone up a couple of thousand dollars a year on average. You want to costs drop? Get the government OUT of the healthcare business all together and open the market up completely. Have you noticed that every industry the government is intimately involved with, costs skyrocket? Witness the costs of college.

        What do you think would happen to the cost of car insurance if the government got involved as deeply as they are in healthcare? What if your car insurance had to pay for your routine maintenance like oil changes? What if the government had to be involved in detailed oversight of mechanics and paperwork for every service was 10 pages deep? Certainly the mechanic’s costs would go up so the bills would go up. Dont you think that the cost of car insurance would go absolutely through the roof? Of course it would. Then the lefties would all scream that “the poor are unfairly discriminated against because they cant afford the same or any insurance as those EVIL rich guys”. Then politicians, sniffing another opportunity to tax and spend, would create new programs to “help” the poor to afford cars and car insurance. And costs would skyrocket yet again. And no matter what the reality and consequences are, the lefties would “feel so good” about all the “good” they did, while ignoring the fact that they destroyed a once healthy, vibrant, efficient, and competitive industry.

        6) Ralph, I know you guys on the left dont like it, but it’s true. The law of Supply and Demand still holds true just like the law of gravity, my friend. Here’s proof right in front of you. What has happened to the price of natural gas in the past 4-5 years, Ralph? With the Marcellus and Eagle Ford formations, NG is now at about $1.90 per 1000 cubic feet. That’s about an 80% drop. Do you know how much they pay for NG in the rest of the world? Anywhere from $13 to $18 per 1000 cf. Supply and demand works, Ralph. Like it or not, it does.

        Re: Saudi Arabia. How do they subsidize that which the government already owns? ALL oil in SA is owned by the Saudi Royal Family. Does paying your right hand with you left count as subsidy? I dont think so. Gas is about 93 cents a gallon there last time I looked. If anything is subsidizing their gasoline prices, it’s the daily global buyers that are paying them a market price for their oil that costs them less than $10 per barrel to recover. If they price gasoline internally according to what it costs them to extract a gallon, it’s probably priced too high at the pump.

        Finally, we cant talk about oil prices without ALSO recognizing that global oil trade is done in US Dollars. When our government is $16 TRILLION in debt and when our Federal Reserve is just printing dollars as fast as they can get ink and paper, the value of each dollar declines. As the value of each dollar declines, it takes more of them to purchase the same barrrel of oil. That means the price is going up because of a devalued currency. AND THE DEVALUATION OF OUR CURRENCY IS ABSOLUTELY ON OBOZO’S WATCH RALPH! GWB was also a party to this disastrous fiscal policy, but Obozo has taken it to a new level.

        Big inflation is coming Ralph, and retirees on fixed incomes are going to be HUGELY F….D! I am sorry to say.

        Have a nice day, Ralph!

  • http://ninure.tk Ninure

    Each time I thing Conservatives can’t open their mouths without saying really, really stupid, they amaze me by proving me right.

  • http://www.facebook.com/people/Charles-Henderson/100000806330683 Charles Henderson

    Ford 150

  • http://www.facebook.com/dougdrak Doug Drake

    Funny how we run to look at useless press prompts and not look at the simple boring facts. But to get re-elected the Obama re-election team must have us chasing the dogs wagging tail and not focus on the useful information like a simple measuring stick of what been accomplished under this president, it won’t be a “big stick”. Obama will get re-elected because he hasn’t done anything, at least anything that anyone can point at a said that was so wrong and unacceptable to the masses. Remember people forget wrongs decisions after a few months and good PR can spin anything negative into a positive if given enough time. Not doing anything that might cause a fuss among the populous is the safe road to travel. Let face it, doing nothing and allowing businesses to recover on there own is what many conservatives wanted in the first place and that what Obama really has done. The bail out was started by Bush’s administration (guess Obama doesn’t blame Bush “anymore” for that) and money is mostly repaid, or being repaid. The bail out only gave the private investor confidence that the government wasn’t going to let the big giants fail. So the question is what can Obama do if he is re-elected? If this passed 3+ years are any guideline, it will be just be little annoying things that piss conservatives off and accomplish little to nothing. He is a big spender that is evident, we’ll have to recover once he leaves. That will take a good 20 years or so… but there be no new wars.. It would be easier to list what won’t happen in the next four years then what will with Obama. Beside he almost funny on those late night shows.. Almost.

  • http://www.facebook.com/people/Wade-Stanley/1469883069 Wade Stanley

    More rewriting of history. How lame can you get. Who in their right mind could support this bozo…….

  • http://profile.yahoo.com/3J6OEWYHKZIJQD5X4CJCRJTKPE Patricia

    Why does Romney and his team think we will all forget what he actually said and wrote about the Detroit car manufacturers? It just shows him up to be a bold-faced liar who does not flinch from insulting the intelligence of the American people, as well as someone who was ready to flush US car manufacturers & all of their jobs down the toilet. What a jackass.

  • http://pulse.yahoo.com/_44M5ZX7ASEGZNWKARJBIHY5DR4 Bubba Einstein

    The true American Patriot has a Swiss bank account. What does that say about his faith in our country?

  • http://www.facebook.com/gary.muuff Gary Muuff

    romney stated back in the day when they were giving out the bail out money let GM and the rest of them go bankrupt. in a couple of years he stated maybe the’ll be strong enough to make a comeback i know most of us as americans will or haven’t forggot his exact words. bankrupt was not an option for any of these companies and i’m gla president obama didn’t see it that way

  • http://www.facebook.com/gary.muuff Gary Muuff

    SHAME ON YOU MITT ROMNEY AND ALL AMERICANS WORKING FOR GENERAL MOTORS SHOULD REMEMBER WHERE AND WHOHAS YOUR BACK AND IT’S NOT MITT OR THE REPUBLICAN PARTY.

  • joyscarbo

    From Nixon to Romney and every republican inbetween, they’re all lying facists!!

  • http://www.facebook.com/people/Robert-Mitchell/100001050544425 Robert Mitchell

    Nobody respects are intelligence less than the desparate Romney team.

  • http://www.facebook.com/people/Robert-Mitchell/100001050544425 Robert Mitchell

    I meant our intelligence. Sorry,I got excited!!!

  • DrNoLies

    How can you tell when a Republican is lying to you?

    Answer: His/her lips are moving and sound is coming out of his/her mouth.

  • http://pulse.yahoo.com/_SG2N4HAXBD5LROSYVEAU5FGNZM rafael de ballivian

    An industry under managed bankruptcy in WW II could not have outdone the Germans… Willis and Studebaker would have been jokes and the Soviets would still be trying to reach Berlin.

  • http://pulse.yahoo.com/_SG2N4HAXBD5LROSYVEAU5FGNZM rafael de ballivian

    Faith in Switzerland will save you…

  • http://www.facebook.com/debbie.kieselryan1 Debbie Kiesel-Ryan

    They really think we are stupid with this: “Fehrnstrom may be right that his claim will infuriate liberals, but the rest of his statement is false. Romney, who famously penned a November 2008 op-ed in the New York Times titled “Let Detroit Go Bankrupt,” cannot credibly claim to have advised President Obama to keep Chrysler and GM from going under.” Now let me discuss that swamp land in Florida with you. Eric Fehrnstrom needs to just keep playing with his etch-a-sketch, what lie is he going to come up with next??????

  • daffodilly

    It’s not how many lies and half-truths they tell, it is how many of their drooling slack jawed followers believe them.

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