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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 ....
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 ....
Capital gains. so what did he do? he brought up a very popular republican, brian, to try to sell it. yeah, he did. his name was ronald reagan and he took an excerpt from a speech. let s hear what president obama did yesterday to try to get ahead of monday s vote on whether the buffet bill would actually be passed. listen. several years ago, one of my predecessors traveled across the country pushing for the same concept. this president gave another speech where he said it was crazy. that s a quote. but certain tax loopholes make it possible for multimillionaires to pay nothing while a bus driver was paying 10% of his salary. that wild eyed socialist tax hiking class warrior was ronald reagan. if it will help convince folks in congress to make the right choice, we could call it the reagan rule instead of the buffet rule. interesting thing is that all the chips will go down on monday. that s when congress will vote ....
Detailed text transcripts for TV channel - MSNBC - 20120202:01:16:30 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.
Detailed text transcripts for TV channel - MSNBC - 20120202:04:16:30 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.