Obama's Reckoning: Oil On The Rise

Hmmm...

Voters are extraordinarily sensitive to hikes in gas prices. Ask George Bush.

Add in the coming general inflation, rising interest rates, etc., and Obama's determination to raise taxes still further and his true-believer zealotry in refusing to expand conventional (i.e., "real") energy production, and you can see the thunderheads sweeping towards the White House.

Crude oil rose, capping its biggest monthly gain in a decade, as the dollar weakened against the euro, bolstering the appeal of commodities.

Oil climbed above $66 a barrel to a six-month high as the dollar declined beyond $1.41 against the euro for the first time this year, making raw materials such as oil and gold an attractive alternative investment. Prices also gained as U.S., and Asian indicators pointed to a global economic recovery.

"The devaluation of the dollar is leading to the revaluation of energy and commodities in general," said John Kilduff, senior vice president of energy at MF Global in New York. "This is a monetary-based rally. The market is focused on the future and ignoring the fundamentals of the present day crude-oil supply and demand picture."

Prognostication: Depending on when the bad economic news hits, Obama's approval ratings will drop precipitously, beginning in six months to a year. He'll drop from his ~55% rating to ~40% in just a couple of months.

People are giving him a chance, and they do, of course, want him to succeed. This isn't ideological but practical: They just don't want to suffer through years of economic stagnation and misery.

But they will.

They also don't want to think of themselves as not giving the first black president a fair chance. And especially they don't want others to think of them that way.

AoS goes on to describe the 'pre-falsification' going on around this subject already:

...an illustration of a man at his employer's dinner party. Though the man dislikes the homes décor and the meal served, the man feels compelled to offer false compliments. At the end of the evening, the man kindly says he enjoyed the evening, though he is really happy to be leaving. The fictional person is constrained from being honest by societal pressure and personal fears. Whenever people choose to lie about their true beliefs, Kuran calls that "preference falsification."

Basically, the theory says that this falsification will continue until some trigger event flips public sentiment from support to opposition in a single politically charged moment.  With the takeovers of GM and Chrysler fully underway, it's only a matter of time until the auto industry is completely destroyed, tens of thousands of jobs along with it.  With Obama's energy policies, prices are soon going to shoot through the roof, only adding to the problems on this front.

The trick, of course, is for the truth of Obama's responsibility to be widely known and understood by the American people so that they can vote accordingly when the trigger event takes place.  I think the theory is absolutely correct in terms of normal people...but Obama seems to have changed the rules.  His mastery of doublethink is unparalleled, and the voluntarily state-controlled media will not likely find their ethics and job responsibilities anytime soon, so I think it's very possible that this trigger event may occur without the truth being out there widely enough.  If that happens, the blame for America's woes will not be accurately pinned on Obama, and the change that we so desperately need will fail to take place as the anger is dissipated ineffectively elsewhere.

That's why it is so critical that you and I in the grass roots continue to spread the truth of Obama and the Democrat leadership, and pin the results of their radical Leftism on their actions and ideology.  In that connection alone rests the future of America.

There's my two cents.