Sunday, April 10, 2011

Obama Mocks Man with 10 Kids, Prevaricates and Dissembles -- All at Once



At an event at a Spanish windmill plant in Fairless Hill, PA, Mr. Obama mocks a man with 10 kids, saying he may need a "hybrid van." Responding to the unidentified man's plea to do something to lower gas prices, Mr. Obama, reacts with mocking derision when he learns that the man has 10 kids. Watch at the 2:10 mark.

Mr. Obama at first says that the fat cats at the the factory (presumably management) would do well to give up their "monster trucks" and SUVs. He said, laughingly: "if you're complaining about the price of gas and you're only getting 8 miles a gallon, you know,you might want to think about a trade-in."

A couple of noteworthy points, Mr. Obama claims that the U.S. only has 2% of the world's proven reserves of energy or 28 billion barrels. This is technically true, however, according to the Congressional Research Service, that only tells 17% of the story, since total estimated reserves are 135 billion barrels more than "proven" reserves. And this number does not include our enormous oil shale and methane hydrates deposits.

Here are two charts that tell the story: