Is Obama Purposely Wrecking America’s Economy?

What is the Obama administration afraid of when it comes to oil production in the United States? Nixing the Keystone pipeline project was a short-term political decision. Yes, it upset the unions, but they’re not going anywhere on election-day. He keeps the environmentalists happy and their money pouring in. The oil companies will continue to donate to his campaign trying to persuade Obama to change his mind. The same is true of other groups who don’t want oil production of any kind, even when it comes from Canada.

Is Obama trying to cripple the United States? He’s said that free market capitalism does not advance prosperity even though every statistic says it does. The empirical evidence is out there that controlled economies do not work. Cuba and North Korea are current examples. It wasn’t too long ago that the former Soviet Union and the walled-fantasies of East Germany were extolled as worker paradises.

Even so, Obama pushes for more government control and free spending, sucking the lifeblood out of our economy. Is he so resentful of America that he is willing to destroy it? I believe he is. He is harboring some long-held animosity toward the United States. In The Roots of Obama’s Rage, Dinesh D’Souza may have hit on what drives Obama to make seemingly irrational political decisions:

The real Obama is a man shaped by experiences far different from those of most Americans; he is a much stranger, more determined, and exponentially more dangerous man than you’d ever imagined. He is not motivated by the civil rights struggles of African Americans in the 1960s — those battles leave him wholly untouched. He is not motivated by the socialist or Marxist propaganda that hypnotized a whole generation of wooly-minded academics and condescending liberals — those concepts also leave him cold.

What really motivates Barack Obama is an inherited rage — an often masked, but profound rage that comes from his African father; an anticolonialist rage against Western dominance, and most especially against the wealth and power of the very nation Barack Obama now leads.

This rage might explain why he is ignoring the wealth that is right beneath our feet. Victor David Hanson, in an article published in National Review Online, makes a startling claim that if true makes the Obama Administration complicit in jeopardizing America’s national security:

 There were always known to be additional untapped reserves of oil and gas in the petroleum-rich Gulf of Mexico, off America’s shores, and in the American West and Alaska. But even the top energy experts never imagined just how vast the energy there was — or that it was also beneath far more unlikely places such as South Dakota, Pennsylvania, Ohio, and New York. Some studies suggest the United States has now expanded its known potential gas and oil reserves tenfold.

Presently, we are dependent on foreign oil sources, sources that are held by some of our sworn enemies. According to Hanson, the United States could “supply all of its own domestic natural-gas needs — perhaps for the next 90 years at present rates of consumption. . . . With expanded exploration and conservation, the United States could also eventually supply half of its own petroleum needs. If we were to eliminate 5 million barrels of our current daily 9 million barrels of imported petroleum, the annual savings could reach nearly $200 billion per year. Eventually, the new gas and oil could add 1.6 million new jobs and up to nearly $1 trillion in federal revenue.”

Such an investment takes time. If we don’t take advantage of this window of opportunity, the day may come when radical Islamists control most of the major foreign oil fields. America’s economy runs on oil. There isn’t enough corn grown in the United States to make a dent in our daily fuel needs. In fact, ethanol is a money loser like all government subsidized industries. You can’t run cars on wind power or solar panels.

In the current presidential campaign, three issues dominate: national security, fiscal solvency, and high unemployment. Development of America’s vast new gas and oil finds would address all three at once.

The idea of vastly expanding American gas and oil production in the 21st century is almost as unbelievable as the present administration’s apparent reluctance to capitalize on its windfall.

Is it possible that President Obama has some deep-seeded reasons as to why he does not want to capitalize on America’s windfall? Does he believe it’s  payback time for all of America’s crimes against humanity? Nero fiddled why Rome burned. Obama vacations. The results are the same.


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