Interest rate on government's student loans set to double from 3.4 to 6.8 percent.
GLOBAL WARMING AND ENERGY:
The goal of the global warming frauds has always been one world government.
While discussing energy prices and Obama's bad energy policy, Larry Kudlow also takes on the Fed.
"A stronger dollar is key. The Joint Economic Committee just put out a study showing that a 10 to 15 percent appreciation of the greenback to pre-recession levels (before the Fed launched its massive dollar-creation, pump-priming campaign) would lower gasoline prices by 43 cents. So if the Treasury and the Federal Reserve strengthened the value of the dollar, oil and gasoline prices would decline.
It's an excellent idea. The best one out there. A return to King Dollar would boost consumer real incomes, attract capital from all over the world and grow the economy at a faster rate."But Obama doesn't want any of that to happen. He loves Bernanke because Bernanke is helping in collapse our economy under the burden of government.
Obama's EPA plans to restrict fracking, further increasing energy prices. Obama will continue hurting us until he starts a revolution. I think when Obama won in 2008, thanks to big-governmen George Bush, Greenspan and Bernanke, he figured he could collapse the economy by 2012 and not have to worry about re-election. He underestimated the strength and resiliency of the American people and the economy we created, and now he has to run in 2012 with the albatross economy hanging from his neck. Unless something good happens, and I don't see how that can happen before the election, he's going to lose handily, and we'll under wonder why we were so worried he might win.
The Chicago Sun Times doesn't buy Obama's BS about gas prices.
"Obama’s rhetoric of “fuel of the past” betrays not just how he is out of touch with the daily lives of average Americans. His words reveal an ongoing commitment to an energy policy hostile to fossil fuels and thus damaging to the economic well-being of the middle class he professes to champion
...
From the start, this administration has seen rising gas prices as a way to grease the way for more expensive green energy. Recall Steven Chu’s remark before he became energy secretary that America needed gasoline prices at the level Europeans pay. Lower gas prices are an administration goal only near Election Day."That's right. Obama intentionally championed policies designed to make gas more expensive, and he succeeded. But people who think this is a winning issue for Republicans forget that Obama has the power to temporarily release oil from the strategic reserve to temporarily drive down gas prices for several months before the election. The most lawless president in our lifetimes will not lose the election by failing to exercise that power.
POLITICS:
Obama raises $45 million February. Most of this money is tax dollars the government has stolen from us, given to Obama's cronies, who then give much of it back to him in the form of political contributions to get him to steal more of our money. Republicans do the same thing. It's hard to imagine being sicker of seeing Obama's goofy mug on TV, but we're going to be horribly sick of it by November.
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