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Transcripts For CNNW Anderson Cooper 360 20120418

good evening. it is 10:00 on the east coast. we begin keeping them honest with president obama doing what presidents do in election years with proposals they know will win votes and don t have the votes to pass in congress. they try to pass them anyway even if they expect them to fail. sometimes, especially, if they expect them to fail to make a point. two examples tonight. one in texas and one on gas prices which the president appears to be doing with just a couple weeks ago he mocked. this has been going on for years now. every time prices start to go up, especially in an election year, politicians dust off their three-point plans for $2 gas. president obama, that was march 15th mocking challenger newt gingrich. today he wasn t promising $2 a gallon gas or dusting off a three-point plan. he did unveil a five-point plan to lower prices by cracking down on speculators. we can t afford a situation where speculators artificially manipulate markets by buying up oil, crea

Transcripts For CNNW Anderson Cooper 360 20120418

point. two examples tonight. one in texas and one on gas prices which the president appears to be doing with just a couple weeks ago he mocked. this has been going on for years now. every time prices start to go up, especially in an election year, politicians dust off their three-point plans for $2 gas. president obama, that was march 15th mocking challenger newt gingrich. today he wasn t promising $2 a gallon gas or dusting off a three-point plan. he did unveil a five-point plan to lower prices by cracking down on speculators. we can t afford a situation where speculators artificially manipulate markets by buying up oil, creating the perception of a shortage and driving prices higher only to flip it for a quick profit. we can t afford a situation where some speculators can reap millions while millions of families get the shortened of the stick. it is not the way the market should work. keeping them honest, not even his own advisers could say how it would affect gasol

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