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How Obama Can Cut Gas Prices And Lose The 2012 Elections
"I have decided to tone down the confrontation with Iran as it does not accomplish anything for America but does indeed harm American consumers by gouging them 2.5 billion dollars a week in higher gasoline prices. And these rising prices come at a time when the world is consuming less and producing more oil. Someone is clearly violating the laws of supply and demand and probably many of our anti-trust legal codes as well.
There is no Iranian nuclear weapons program. Iran has 20% grade nuclear fuel which is not sufficient to sustain a nuclear reaction to make an atomic bomb. All Iran has is a nuclear power plant and a medical isotopes program. Bombing it would be a violation of international law and would kill tens of millions of America’s friends in Azerbaijan, Pakistan, India, China, Burma and elsewhere
The President of Iran never said he was going to wipe Israel off the map. That was a deliberate mistranslation which is to say a lie. We were lied to about the Iraqi Weapons of Mass Destruction to get us into the Iraq war and about the Gulf of Tonkin incident to trick us into the Vietnam war. We can no longer afford as a nation to spend trillions of dollars on lies. Therefore I am announcing tonight a reduction of forces in the Persian Gulf and nearby states,
To save consumers 2.5 billion dollars a week by lowering the price of oil $35 a barrel I will take the following steps to properly regulate excessive speculation:
I will ban Commodity Index Swaps and Synthetic Exchange Traded Funds. Additionally, I will order Gary Gensler, the Chairman of the Commodities Futures Trading Commissions, to double the margin requirement on oil futures. If that does not work, I will double the margin requirements again. I will also order Chairman Gensler to limit the share of the speculative oil futures market that can be owned by any one firm. Neither Goldman Sachs nor Morgan Stanley nor JP Morgan has any real need to own more than 5% of the market in any given commodity. Professionals call this position limits.
Of course the above speech will cost Obama his presidency. You would think that the independents and Republicans who are opposed to war without limit and do not trust Romney with his ties to Israel and to Hedge Funds will line up to vote for Obama. They will never have a chance to vote for anyone who is opposed to the excesses of Wall Street and Israel."
The Israel Lobby will go into 24 hour attack mode on the President. Out will come the Obama is a Muslim and Obama is gay campaigns. These attacks will give cover and justification to the birther issue which they would use at the state level to knock Obama off the ballot.
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