John Ransom

I have to admit that the blame falls squarely on the rest of us this time. Obama is not at fault here, even though his decision to scrap the Keystone pipeline- along with other energy and jobs mistakes- will probably cost him his job.

We’ve allowed Obama- and most other politicians- to continue to believe that we, collectively as a nation, are as stupid as they think we are. To Obama and his ilk, we’re all just hayseed bitter-clingers, clinging to our guns and religion or our union and our food stamps because we’re not as clever as Obama has been in parlaying our disaffection with ourselves into a career or a faith. 

And while Obama’s lack of faith in ordinary Americans is wrong, he does have a point, even if it’s cynical, too blunt and a little rusty.

Only 48.3 percent of people disapprove of the job Obama has done, while 46 percent actually approve of Obama’s complete disregard for our country’s interests, according to an average of polls by Real Clear Politics. This, even as 65.3 percent of the country thinks we’re on the wrong track.

The discrepancy is explained, I believe, because there are still some people in the middle who haven’t quite made up their mind about Obama. They’d like to like him because he’s president; they’ll give him every opportunity because he’s liberal; and they don’t want to offend anyone- because he’s black.  

Obama takes advantage of this benign ambivalence by speaking one way and then doing another- and some are taken-in by the act even though they do know better.

Of course Obama’s not the only politician who does one thing while saying another. 

But politicians- even Obama- don’t get off quite so easily with that trick when it comes to jobs, taxes and the economy, as the president will find out on the Keystone pipeline.

Saying one thing on energy and doing another is going to present a problem for Obama and his friends at re-election.

Because energy is jobs, taxes and the economy, all in one. If you deny energy development that creates jobs, fuels the economy and doesn’t involve federally-guaranteed bankruptcies, people- even liberal people- might notice. 

John Ransom

John Ransom’s writings on politics and finance have appeared in the Los Angeles Business Journal, the Colorado Statesman, Pajamas Media and Registered Rep Magazine amongst others. Until 9/11, Ransom worked primarily in finance as an investment executive for NYSE member firm Raymond James and Associates, JW Charles and as a new business development executive at Mutual Service Corporation. He lives in San Diego. You can follow him on twitter @bamransom.

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