Obama Wanted High Gas Prices...Gradually (2008 Election Campaign)

During a June 10th, 2008, interview with CNBC, then-candidate Obama said this:

HARWOOD: As difficult as this is for consumers right now, is, in fact, high gas prices what we need to let the market work, a line incentive so that we do shift to alternative means of energy?

Sen. OBAMA: Well, I think that we have been slow to move in a better direction when it comes to energy usage. And the president, frankly, hasn't had an energy policy. And as a consequence, we've been consuming energy as if it's infinite. We now know that our demand is badly outstripping supply with China and India growing as rapidly as they are. So...

HARWOOD: So could these high prices help us?

Sen. OBAMA: I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing. But if we take some steps right now to help people make the adjustment, first of all by putting more money into their pockets, but also by encouraging the market to adapt to these new circumstances more quickly, particularly US automakers, then I think ultimately, we can come out of this stronger and have a more efficient energy policy than we do right now.


TRANSCRIPT:
http://www.cnbc.com/id/25084346/CNBC_Exclusive_CNBC_s_Chief_Washington_Corres...

Category:

News & Politics

Tags:

• ObamaWantsHighGasPricesGradual
• 0001

[lbz900]

@likeastarbaby

Also, based on your rubbish of a comment, you must also hate the UAE-$1.60 per gallon USD, Egypt-$1.40 per gallon USD, Saudi Arabia-$0.80 per gallon USD, Iran-$0.11 per liter USD, Venezuela-$0.25 cents a gallon! Not to mention that all these countries consume a large amount of petrol and have cars that pollute the shit out of the environment. With all that hatred you got in inside you are like the Hitler of petrol.

[3minutesingle]

Bullshit! This communist wants us tied to our cave-like dwellings, completely dependent on Uncle Sugar for our rotten potato soup, manure fueled heating source, and craptastic electric incendiary vehicles parked in our driveway to impress the neighbors how green we are but never driven. Insane!

Nobama 2012!

[alien4fish]

What Model toaster did you record this with?

[rb3264]

@thebayareapimp Great president my ass. Infringing on constitutional rights, the same thing he criticized Bush for, isn't great. If you would do research then you would know that

1) The economy has averaged a recession every 4.33 years since the depression ended

2) There are many policies that President Bush had no control over, such as bank deregulation, that fueled the collapse

3) If Republicans were as big of racists as you claim then why'd they free the slaves?

[rb3264]

@amitbarfs Yes mass transit would help but what about the fact that solar, for example, does not have a backup? Obama administration just authorized the first nuclear reactors since TMI. But what about transportation costs of food?

[amitbarfs]

@rb3264

Yes I think in the long run higher fuel prices are a good thing for the reasons I mentioned. In Europe people react to higher petrol prices by using alternative energies like solar, wind, biomass and nuclear. Also mass transit is not a dirty word there like it is here.

I think American attitudes will change, it will just take some prodding in the form of higher gas prices. I am fine with that.

[FleebagSlayer]

America blames the idiot in chief in the White House

[FleebagSlayer]

@thebayareapimp LMAO dont breed you fucking obamatard....better get a job your freeloading parsitic days are numbered...after the 2012 revolution people like you who play the race card will be dealt with accordingly ...nowe run along and get back to your KKK meeting you slavery party fuck

[donneg]

gas prices are up all over the world.. gas consumption is 15% lower this year that last.. we have plenty in reserves.. now are all you idiots still thinking one President is behind this.. how fucking stupid can you be.. you know where the real problem is?.. the stupid small minded people of this world who think they know what they are talking about..

[thebayareapimp]

OBAMA IS A GREAT PRESIDENT :) DON'T HATE ON HIM CUZ HE IS TURNING THE ECONOMY AROUND THAT BUSH FUKCED.. REPUBLICANS ARE THE MOST RACIST PEOPLE ON EARTH

[IruleOverProgressive]

The Liar-in-Chief. I'm appalled that so many of our fellow countrymen and women are so stupid they believed his Lawyerese and still support this massive lying pile of shit! Staggering how bad off we truly are!

[Roninlord25a]

watch?v=DtecDiArEwQ&list=UU1yB­KRuGpC1tSM73A0ZjYjQ&index=1&fe­ature=plcp

typer in youtube dot com first themn this