Friday, February 24, 2012

Fed News Friday: Gas prices rising (I wonder why)


The Christian Science Monitor reports:

“Obama sought to deflect growing Republican attacks over rising prices at the pump, blaming recent increases on a mix of factors beyond his control, including tensions with Iran, hot demand from China, India and other emerging economies, and Wall Street speculators taking advantage of the uncertainty.”
But it gets better. It gets so much better. You’re not going to believe what else Obama actually said while defending himself against criticism over rising gas prices. It’s so perfect one can’t help but wonder if it was intentional and Obama is being deliberately, malevolently funny.

Here it is, also from the Monitor:

at The Silver Underground.


Wes Messamore,
Editor in Chief, THL
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