And the man who’s causing the disaster’s name is Barack Obama. VDH, as brilliant as ever.
At a time of trillion-dollar deficits, the administration is borrowing billions to promote high-speed rail, and is heavily invested in the federally subsidized $42,000 Government Motors Chevy Volt. Apparently the common denominator here is a deductive view that high energy prices will force Americans to emulate European centrally planned and state-run transportation.
That conclusion is not wild conspiracy theory, but simply the logical manifestation of many of the Obama administration’s earlier campaign promises. Secretary of Energy Steven Chu — now responsible for the formulation of American energy policy — summed up his visions to the Wall Street Journal in 2008: “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.” I think Chu is finally figuring out the “somehow.”