Tuesday, February 10, 2015

Short Update: Oil, Muslims at the White House, IRS, Obama and Christians, Netanyahu

         If you haven't notice, gas prices have started to rise.  The main reason is the steel workers strike at some of the refineries.  As said in my previous post, production in part is based on the cost per barrel.  Profit is based on lifting and shipping costs.  A relatively high cost per barrel is necessary for many small companies to make a profit and service their debt.  Lower oil prices diminishes the value of the company as it reduces the value of its reserves.  Larger and better managed companies can then buy these companies at a reduced price, knowing that they have the wherewithal to ride out the reduced prices.  Besides helping the American consumer, the lower prices put pressure on some of our enemies such as Iran, Venezuela, and Russia who rely heavily on oil revenues to support their economies.  Unfortunately, just when increasing sanctions on Russia and Iran could have a very significant effect, the Obama regime has relaxed them.  Further more,  we lift natural gas much cheaper than any other country plus we have so much more that we have to even burn it off, but the Obama regime has slowed down the permit process for companies to build export facilities.  If these facilities were in place, we could put even more pressure on Russia, by selling natural gas to Europe, Russia's main client and source of hard currency.
      Last week Obama had a meeting with multiple Muslim leaders at the White House last week.  Though Obama wanted to keep their names and the agenda secret,  under pressure the names were released and what was discussed has leaked out.  A number of the attendees have a rather dubious reputation when it comes to Jihad.  Some have been on a list of those list, but not indicted in the 9/11 attacks and our hammers front organizations.  Amazingly the war on terror was not discussed.  Instead profiling of Muslims and Muslim organizations and mosques was the main topic.  The group also asked Obama to appoint Muslim judges, I suppose to use sharia law.  I suppose if you were Jewish, Christian, gay, or a woman you wouldn't have much of a chance in that courtroom.
      The regime continues to hold up over 500 emails to and from Lois Lerner despite orders to do so.
The regime believes the delaying tactic will make Congress and Americans  less interested in pursuing the truth.  Amazingly, the IRS has rehired hundreds of IRS workers that were fired for cause, many for tax evasion.  We have also recently learned that billions of dollars are owed by current government workers with little if any attempt to collect.  The IRS has recently hired the same Tech company that fouled the Obamacare web site to help with tax collections in regard to Obamacare. You can't just make this stuff up.  Finally, the IRS wants more money to continue its political illegality and incompetence.  If they want more money, why not collect from government workers, especially from the 38,000 in the executive branch and $4.7 million owed by AL Sharpton.
Speaking of Sharpton, it was also learned that he had a whole series of for profit companies that never paid taxes and used bankruptcies to avoid them, opening the next company at the same location.  The director of the IRS has threatened to hold up income tax refunds to individuals.  That's money that belongs to tax payers.
      I wonder if any of you fear the crusaders or the Spanish inquisition.  I guess only if there is a time machine.  As a Jew I still fear Nazis and Nazi like groups such as ISIS, Al Qaeda, and the Muslim Brotherhood.   The Brotherhood worked with the Nazi in Russia during WWII and may explain some of their abhorrent techniques of murder and torture. Yet Obama equates radical Islam with Christianity.  I haven't seen any terror attacks by Christians, Jews, Buddhists, or Hindus lately.
     Obama's hatred of Netanyahu and Israel continues to grow. Bibi, a real leader, recognizes that his most import role is to protect his nation, something Obama has relegated to a back burner.  Now the vice president, and some members of Congress are not going to attend as they have found some "convenient"  alternatives.  I urge the Jewish community to take note of the  Democrats who do not show up and allocate their political allegiance and donations accordingly.

     

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