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Obama's Oil Cronies?

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posted on Apr, 6 2010 @ 10:37 PM
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I seem to be not hearing such a phrase being bandied about. We heard this repeatedly during the last administration. Bush helping out his Oil Cronies. It was heard over and over and repeated on this site over and over. Wonder why that is? But let us not let political one-upmanship state the case. Instead let us go to the charts.


source


As you can plainly see, Bush came into office at a national average of about $1.45/gal and it took about 4.5 years to double the price. Keep in mind the events of 9/11 and the War on Terror.

Obama has come in with gas prices around $1.60/gal. Look at the very sharp increase in prices within the first six months and has almost doubled that price within the first 16 months of office. Keep in mind that overall consumption of gasoline is down due to 10% unemployment and 20%-25% underemployment.

Whose Oil Cronies are getting rich quick under which administration again?




posted on Apr, 13 2010 @ 12:01 PM
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No replies, but I did find something a little bit interesting.

From wikipedia's article on Ann Dunham


It was at the East-West Center that Dunham met Lolo Soetoro, a student from Indonesia. They married in 1966 or 1967 and moved with six-year-old Barack to Jakarta, Indonesia, just after the unrest surrounding the ascent of Suharto. In Indonesia, Soetoro worked as a government relations consultant with the American petroleum company Mobil


From the same article regarding Tim Geithner



Dunham then pursued a career in rural development championing women’s work and microcredit for the world’s poor, with Indonesia’s oldest bank, the United States Agency for International Development, the Ford Foundation, Women's World Banking, and as a consultant in Lahore, Pakistan. While at the Ford Foundation she developed a model of microfinance which is now the standard in Indonesia, a country that is a world leader in micro-credit systems. Peter Geithner, father of Tim Geithner (who later became United States Secretary of the Treasury in her son's administration), was head of the foundation's Asia grant-making at that time. Dunham also worked with leaders from organizations supporting Indonesian human rights, women's rights, and grass-roots development.



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