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Trump wants the economy to crash

In before...
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Here we go, another stupid comment by Trump. But he's not the first, Obama said he hoped that the gas price would go to $10 a gallon. That would choke off any economy.
 
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Here's his quote from the article, in case anyone is wondering what he said:

“When there’s a crash, I hope it’s going to be during this next 12 months because I don’t want to be Herbert Hoover. The one president – I just don’t want to be Herbert Hoover,”

It then explains that The stock market crashed in the 1st year of Hoover's presidency, kicking off the great depression.
 
Obama never said that.

Obama Wanted Higher Gasoline Prices?​

Republican presidential candidates Mitt Romney and Newt Gingrich have repeatedly lifted several quotes out of context to allege that President Barack Obama and his administration actually wanted to drive up the price of gasoline, and have succeeded.

  • Gingrich said Obama wants gasoline prices to get to the European levels of $9 or $10 a gallon, but that “he just wants it to be gradual.” But that’s not what Obama said. Rather, when asked in 2008 about then-$4 per gallon gasoline prices, and whether that could be a good thing to encourage people toward alternative energy, Obama responded that he “would have preferred a gradual adjustment” because “the fact that this is such a shock to American pocketbooks is not a good thing.” He said nothing of wanting to goose gasoline prices to European levels, gradually or otherwise.
  • Romney has repeatedly claimed Obama said during the 2008 campaign that under his energy policy, energy prices would “skyrocket.” “And they have,” Romney said. But Obama was talking about electricity, not gasoline. And the cap-and-trade plan he endorsed to limit carbon emissions — which died in the Senate in 2009 — included provisions aimed at protecting consumers from higher prices.
  • Gingrich repeatedly has cited a comment Energy Secretary Steven Chu made in 2008 about wanting to boost the price of gasoline to encourage fuel conservation. But Chu made that remark before the 2008 election and before Chu became energy secretary. Upon joining the Obama administration, Chu said it would be “completely unwise to want to increase the price of gasoline.”
With gasoline prices inching toward $4 per gallon (they stood at $3.88 per gallon for regular unleaded on March 22), Gingrich and Romney have not only blamed Obama for the rising cost of gasoline, they say it was part of his stated plan.

What Romney and Gingrich Say

In an interview on Fox News Sunday on March 18, Romney was asked by host Bret Baier if he believes President Obama is to blame for high gasoline prices.

On the campaign trail on March 19 in Illinois, and again in a Google+ “hangout” on March 20, Romney repeated the claim:

In both addresses, Romney said Obama has apparently had an “election year conversion” and that he now wants to bring gasoline prices down.

Here’s the Gingrich version. He was asked by Charlie Rose of CBS’ “This Morning” on Feb. 21 whether he believes Obama wanted higher gasoline prices:

There are three comments at the heart of these claims, two by Obama and one by Steven Chu, Obama’s secretary of energy. We’ll address each one separately.

The ‘Gradual’ Comment

The claim that Obama wanted to see gasoline prices rise “gradually” comes from comments Obama made in an interview with CNBC’s John Harwood on June 10, 2008, when gasoline was $4 a gallon.

It’s true that given the opportunity, Obama did not dismiss the notion outright that higher gasoline prices might be a good idea to create incentives for people to switch to alternative energy sources. But the context of the question was that gasoline had risen to $4 per gallon. The rapid rise in the price of gasoline was, he said, “such a shock to American pocketbooks” and “not a good thing,” and that he would have preferred that they had risen more gradually. That’s different from advocating for gradually higher gasoline prices in the future.

By way of further context, Obama had just dismissed Sen. John McCain’s gasoline tax holiday as a short-term gimmick. Obama said long term, the only way to lower gasoline prices was to change the way Americans consume oil, and that as president he would invest in alternative energy and raise the fuel efficiency standards on cars (both of which he later did).

The ‘Skyrocket’ Comment

Romney is also off base with his claim about Obama’s prediction that energy prices would “skyrocket” under his policies, and that we are seeing the fruition of that now at the gasoline pump. Obama’s “skyrocket” quote was part of a discussion about cap-and-trade as a means to reduce greenhouse gases.

There’s no question that curbing greenhouse gas emissions would bring about higher energy prices. Obama, speaking to the editorial board of the San Francisco Chronicle on Jan. 17, 2008, said electricity costs (not gasoline prices) would “necessarily skyrocket” as a result of capping emissions levels, and that his job as president would be to convince the public and Congress that benefits outweigh costs. “If we can’t make that argument persuasively enough, you can be Lyndon Johnson, you can be the master of Washington, you’re not going to get that done.”

On June 26, 2009, the House passed the American Clean Energy and Security Act (H.R. 2454), a greenhouse gas cap-and-trade bill, by a vote of 219-212. The bill included allowances to electric companies to protect consumers from increases in electricity bills. But the bill died in the Senate. And so, of course, it couldn’t have driven up gasoline prices. Romney has lifted Obama’s quote out of context and applied it to a wholly different topic, gasoline prices.

Chu’s ‘European Level’ Comment

Gingrich repeatedly has cited Energy Secretary Steven Chu’s 2008 comment on gasoline taxes as evidence that Obama’s policies are to blame for high gasoline prices. In one such recent instance, Gingrich was asked by Charlie Rose of CBS’ “This Morning” whether he believes Obama wanted higher gasoline prices.
Did Chu really say that? Yes, but he said it before he became energy secretary and before Obama won the 2008 presidential election. Shortly after becoming energy secretary, Chu said it would be “completely unwise to want to increase the price of gasoline.”

Gingrich is referring to comments Chu made to the Wall Street Journal in September 2008. In a Dec. 12, 2008, article, the Wall Street Journal said Chu “has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars and living in neighborhoods closer to work.” The story noted the interview with Chu took place in September 2008, when Chu was in charge of the Lawrence Berkeley National Laboratory in California.
Note that the context in the story was a discussion of gasoline taxes. The story immediately went on to note that Obama “has dismissed the idea of boosting the federal gasoline tax, a move energy experts say could be the single most effective step to promote alternative energies and temper demand. Mr. Obama said Sunday that a heightened gasoline tax would be a ‘mistake’ because it would put ‘additional burdens on American families right now.’ ”

In April 2009, as secretary of energy, Chu was asked about his 2008 interview with the Wall Street Journal at a congressional hearing on Earth Day. He told Congress he rejected the idea of raising taxes or taking any steps that would raise the price of gasoline.

https://www.factcheck.org/the-factcheck-wire/
 
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Obama Wanted Higher Gasoline Prices?​

Republican presidential candidates Mitt Romney and Newt Gingrich have repeatedly lifted several quotes out of context to allege that President Barack Obama and his administration actually wanted to drive up the price of gasoline, and have succeeded.

  • Gingrich said Obama wants gasoline prices to get to the European levels of $9 or $10 a gallon, but that “he just wants it to be gradual.” But that’s not what Obama said. Rather, when asked in 2008 about then-$4 per gallon gasoline prices, and whether that could be a good thing to encourage people toward alternative energy, Obama responded that he “would have preferred a gradual adjustment” because “the fact that this is such a shock to American pocketbooks is not a good thing.” He said nothing of wanting to goose gasoline prices to European levels, gradually or otherwise.
  • Romney has repeatedly claimed Obama said during the 2008 campaign that under his energy policy, energy prices would “skyrocket.” “And they have,” Romney said. But Obama was talking about electricity, not gasoline. And the cap-and-trade plan he endorsed to limit carbon emissions — which died in the Senate in 2009 — included provisions aimed at protecting consumers from higher prices.
  • Gingrich repeatedly has cited a comment Energy Secretary Steven Chu made in 2008 about wanting to boost the price of gasoline to encourage fuel conservation. But Chu made that remark before the 2008 election and before Chu became energy secretary. Upon joining the Obama administration, Chu said it would be “completely unwise to want to increase the price of gasoline.”
With gasoline prices inching toward $4 per gallon (they stood at $3.88 per gallon for regular unleaded on March 22), Gingrich and Romney have not only blamed Obama for the rising cost of gasoline, they say it was part of his stated plan.

What Romney and Gingrich Say

In an interview on Fox News Sunday on March 18, Romney was asked by host Bret Baier if he believes President Obama is to blame for high gasoline prices.

On the campaign trail on March 19 in Illinois, and again in a Google+ “hangout” on March 20, Romney repeated the claim:

In both addresses, Romney said Obama has apparently had an “election year conversion” and that he now wants to bring gasoline prices down.

Here’s the Gingrich version. He was asked by Charlie Rose of CBS’ “This Morning” on Feb. 21 whether he believes Obama wanted higher gasoline prices:

There are three comments at the heart of these claims, two by Obama and one by Steven Chu, Obama’s secretary of energy. We’ll address each one separately.

The ‘Gradual’ Comment

The claim that Obama wanted to see gasoline prices rise “gradually” comes from comments Obama made in an interview with CNBC’s John Harwood on June 10, 2008, when gasoline was $4 a gallon.

It’s true that given the opportunity, Obama did not dismiss the notion outright that higher gasoline prices might be a good idea to create incentives for people to switch to alternative energy sources. But the context of the question was that gasoline had risen to $4 per gallon. The rapid rise in the price of gasoline was, he said, “such a shock to American pocketbooks” and “not a good thing,” and that he would have preferred that they had risen more gradually. That’s different from advocating for gradually higher gasoline prices in the future.

By way of further context, Obama had just dismissed Sen. John McCain’s gasoline tax holiday as a short-term gimmick. Obama said long term, the only way to lower gasoline prices was to change the way Americans consume oil, and that as president he would invest in alternative energy and raise the fuel efficiency standards on cars (both of which he later did).

The ‘Skyrocket’ Comment

Romney is also off base with his claim about Obama’s prediction that energy prices would “skyrocket” under his policies, and that we are seeing the fruition of that now at the gasoline pump. Obama’s “skyrocket” quote was part of a discussion about cap-and-trade as a means to reduce greenhouse gases.

There’s no question that curbing greenhouse gas emissions would bring about higher energy prices. Obama, speaking to the editorial board of the San Francisco Chronicle on Jan. 17, 2008, said electricity costs (not gasoline prices) would “necessarily skyrocket” as a result of capping emissions levels, and that his job as president would be to convince the public and Congress that benefits outweigh costs. “If we can’t make that argument persuasively enough, you can be Lyndon Johnson, you can be the master of Washington, you’re not going to get that done.”

On June 26, 2009, the House passed the American Clean Energy and Security Act (H.R. 2454), a greenhouse gas cap-and-trade bill, by a vote of 219-212. The bill included allowances to electric companies to protect consumers from increases in electricity bills. But the bill died in the Senate. And so, of course, it couldn’t have driven up gasoline prices. Romney has lifted Obama’s quote out of context and applied it to a wholly different topic, gasoline prices.

Chu’s ‘European Level’ Comment

Gingrich repeatedly has cited Energy Secretary Steven Chu’s 2008 comment on gasoline taxes as evidence that Obama’s policies are to blame for high gasoline prices. In one such recent instance, Gingrich was asked by Charlie Rose of CBS’ “This Morning” whether he believes Obama wanted higher gasoline prices.
Did Chu really say that? Yes, but he said it before he became energy secretary and before Obama won the 2008 presidential election. Shortly after becoming energy secretary, Chu said it would be “completely unwise to want to increase the price of gasoline.”

Gingrich is referring to comments Chu made to the Wall Street Journal in September 2008. In a Dec. 12, 2008, article, the Wall Street Journal said Chu “has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars and living in neighborhoods closer to work.” The story noted the interview with Chu took place in September 2008, when Chu was in charge of the Lawrence Berkeley National Laboratory in California.
Note that the context in the story was a discussion of gasoline taxes. The story immediately went on to note that Obama “has dismissed the idea of boosting the federal gasoline tax, a move energy experts say could be the single most effective step to promote alternative energies and temper demand. Mr. Obama said Sunday that a heightened gasoline tax would be a ‘mistake’ because it would put ‘additional burdens on American families right now.’ ”

In April 2009, as secretary of energy, Chu was asked about his 2008 interview with the Wall Street Journal at a congressional hearing on Earth Day. He told Congress he rejected the idea of raising taxes or taking any steps that would raise the price of gasoline.

https://www.factcheck.org/the-factcheck-wire/
OK, thanks for proving my point that Obama did not actually say that.
 
OK, thanks for proving my point that Obama did not actually say that.
Didn't read it well, did you? He said gradually. So, yes, he wanted the price of gas to go to $9-10 gradually.
 

Obama Wanted Higher Gasoline Prices?​

Republican presidential candidates Mitt Romney and Newt Gingrich have repeatedly lifted several quotes out of context to allege that President Barack Obama and his administration actually wanted to drive up the price of gasoline, and have succeeded.

  • Gingrich said Obama wants gasoline prices to get to the European levels of $9 or $10 a gallon, but that “he just wants it to be gradual.” But that’s not what Obama said. Rather, when asked in 2008 about then-$4 per gallon gasoline prices, and whether that could be a good thing to encourage people toward alternative energy, Obama responded that he “would have preferred a gradual adjustment” because “the fact that this is such a shock to American pocketbooks is not a good thing.” He said nothing of wanting to goose gasoline prices to European levels, gradually or otherwise.
  • Romney has repeatedly claimed Obama said during the 2008 campaign that under his energy policy, energy prices would “skyrocket.” “And they have,” Romney said. But Obama was talking about electricity, not gasoline. And the cap-and-trade plan he endorsed to limit carbon emissions — which died in the Senate in 2009 — included provisions aimed at protecting consumers from higher prices.
  • Gingrich repeatedly has cited a comment Energy Secretary Steven Chu made in 2008 about wanting to boost the price of gasoline to encourage fuel conservation. But Chu made that remark before the 2008 election and before Chu became energy secretary. Upon joining the Obama administration, Chu said it would be “completely unwise to want to increase the price of gasoline.”
With gasoline prices inching toward $4 per gallon (they stood at $3.88 per gallon for regular unleaded on March 22), Gingrich and Romney have not only blamed Obama for the rising cost of gasoline, they say it was part of his stated plan.

What Romney and Gingrich Say

In an interview on Fox News Sunday on March 18, Romney was asked by host Bret Baier if he believes President Obama is to blame for high gasoline prices.

On the campaign trail on March 19 in Illinois, and again in a Google+ “hangout” on March 20, Romney repeated the claim:

In both addresses, Romney said Obama has apparently had an “election year conversion” and that he now wants to bring gasoline prices down.

Here’s the Gingrich version. He was asked by Charlie Rose of CBS’ “This Morning” on Feb. 21 whether he believes Obama wanted higher gasoline prices:

There are three comments at the heart of these claims, two by Obama and one by Steven Chu, Obama’s secretary of energy. We’ll address each one separately.

The ‘Gradual’ Comment

The claim that Obama wanted to see gasoline prices rise “gradually” comes from comments Obama made in an interview with CNBC’s John Harwood on June 10, 2008, when gasoline was $4 a gallon.

It’s true that given the opportunity, Obama did not dismiss the notion outright that higher gasoline prices might be a good idea to create incentives for people to switch to alternative energy sources. But the context of the question was that gasoline had risen to $4 per gallon. The rapid rise in the price of gasoline was, he said, “such a shock to American pocketbooks” and “not a good thing,” and that he would have preferred that they had risen more gradually. That’s different from advocating for gradually higher gasoline prices in the future.

By way of further context, Obama had just dismissed Sen. John McCain’s gasoline tax holiday as a short-term gimmick. Obama said long term, the only way to lower gasoline prices was to change the way Americans consume oil, and that as president he would invest in alternative energy and raise the fuel efficiency standards on cars (both of which he later did).

The ‘Skyrocket’ Comment

Romney is also off base with his claim about Obama’s prediction that energy prices would “skyrocket” under his policies, and that we are seeing the fruition of that now at the gasoline pump. Obama’s “skyrocket” quote was part of a discussion about cap-and-trade as a means to reduce greenhouse gases.

There’s no question that curbing greenhouse gas emissions would bring about higher energy prices. Obama, speaking to the editorial board of the San Francisco Chronicle on Jan. 17, 2008, said electricity costs (not gasoline prices) would “necessarily skyrocket” as a result of capping emissions levels, and that his job as president would be to convince the public and Congress that benefits outweigh costs. “If we can’t make that argument persuasively enough, you can be Lyndon Johnson, you can be the master of Washington, you’re not going to get that done.”

On June 26, 2009, the House passed the American Clean Energy and Security Act (H.R. 2454), a greenhouse gas cap-and-trade bill, by a vote of 219-212. The bill included allowances to electric companies to protect consumers from increases in electricity bills. But the bill died in the Senate. And so, of course, it couldn’t have driven up gasoline prices. Romney has lifted Obama’s quote out of context and applied it to a wholly different topic, gasoline prices.

Chu’s ‘European Level’ Comment

Gingrich repeatedly has cited Energy Secretary Steven Chu’s 2008 comment on gasoline taxes as evidence that Obama’s policies are to blame for high gasoline prices. In one such recent instance, Gingrich was asked by Charlie Rose of CBS’ “This Morning” whether he believes Obama wanted higher gasoline prices.
Did Chu really say that? Yes, but he said it before he became energy secretary and before Obama won the 2008 presidential election. Shortly after becoming energy secretary, Chu said it would be “completely unwise to want to increase the price of gasoline.”

Gingrich is referring to comments Chu made to the Wall Street Journal in September 2008. In a Dec. 12, 2008, article, the Wall Street Journal said Chu “has called for gradually ramping up gasoline taxes over 15 years to coax consumers into buying more-efficient cars and living in neighborhoods closer to work.” The story noted the interview with Chu took place in September 2008, when Chu was in charge of the Lawrence Berkeley National Laboratory in California.
Note that the context in the story was a discussion of gasoline taxes. The story immediately went on to note that Obama “has dismissed the idea of boosting the federal gasoline tax, a move energy experts say could be the single most effective step to promote alternative energies and temper demand. Mr. Obama said Sunday that a heightened gasoline tax would be a ‘mistake’ because it would put ‘additional burdens on American families right now.’ ”

In April 2009, as secretary of energy, Chu was asked about his 2008 interview with the Wall Street Journal at a congressional hearing on Earth Day. He told Congress he rejected the idea of raising taxes or taking any steps that would raise the price of gasoline.

https://www.factcheck.org/the-factcheck-wire/
I'm glad you posted the fact check the seems to support the idea that Obama never said he wanted gas prices to go to $10 a gallon.
 
Here's his quote from the article, in case anyone is wondering what he said:

“When there’s a crash, I hope it’s going to be during this next 12 months because I don’t want to be Herbert Hoover. The one president – I just don’t want to be Herbert Hoover,”

It then explains that The stock market crashed in the 1st year of Hoover's presidency, kicking off the great depression.
Because as presidenthe would be f*cking clueless on how to handle it.
 
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He did not.

He [Obama] said nothing of wanting to goose gasoline prices to European levels, gradually or otherwise.”

It’s in the very language that you posted.
It was his top aid that said it. Sorry, his administration said that.
 
Who? If it's the "top aid" from the article, that's not true either.
As director of the Lawrence Berkley National Laboratory, Steven Chu, Obama’s secretary at the Department of Energy, said in an interview that gas taxes should slowly be increased over the next 15 years in order to force people to turn to alternative energy sources.

In Europe, the price for a gallon of gas consistently hovers around $10 a gallon.

Moreover, as Obama called for increased domestic production, he simultaneously chided the oil industry for sitting on “tens of millions of acres of leases” that are going undeveloped. “We are pushing the oil industry to take advantage of the opportunities they already have,” said Obama.

The president’s rebuke of the industry is based on a report produced Tuesday by the Department of Interior (DOI) that slams oil companies for ignoring current leases and labeled two-thirds of the Gulf of Mexico “inactive.” Some lawmakers on Capitol Hill, however, the report, produced at the president’s request, is misleading in more ways than one as it tries to defend the administration’s energy policies.
 
As director of the Lawrence Berkley National Laboratory, Steven Chu, Obama’s secretary at the Department of Energy, said in an interview that gas taxes should slowly be increased over the next 15 years in order to force people to turn to alternative energy sources.

In Europe, the price for a gallon of gas consistently hovers around $10 a gallon.

Moreover, as Obama called for increased domestic production, he simultaneously chided the oil industry for sitting on “tens of millions of acres of leases” that are going undeveloped. “We are pushing the oil industry to take advantage of the opportunities they already have,” said Obama.

The president’s rebuke of the industry is based on a report produced Tuesday by the Department of Interior (DOI) that slams oil companies for ignoring current leases and labeled two-thirds of the Gulf of Mexico “inactive.” Some lawmakers on Capitol Hill, however, the report, produced at the president’s request, is misleading in more ways than one as it tries to defend the administration’s energy policies.
OK, when his "top aid" was a private citizen in 2008 he discussed raising gas TAXES. Again, way off from what you're saying.

Unless you have something else, I think we're done. Glad we could help you unlearn a lie.
 
It was his top aid that said it. Sorry, his administration said that.

So Obama didn’t say it.

His “aid/administration” who alluded to the benefits of having gasoline prices rise over 15 years made that statement in September 2008.

Obama didn’t take office until January 2009.

So, Obama’s “administration” didn’t say it (Steven Chu wasn’t a member of any administration in September 2008).

It’s okay to come back to this topic, admit that you’re wrong, and move on to your next insight.
 
So Obama didn’t say it.

His “aid/administration” who alluded to the benefits of having gasoline prices rise over 15 years made that statement in September 2008.

Obama didn’t take office until January 2009.

So, Obama’s “administration” didn’t say it (Steven Chu wasn’t a member of any administration in September 2008).

It’s okay to come back to this topic, admit that you’re wrong, and move on to your next insight.
I did admit it. I will be the first to admit things well I'm wrong. But he did put this guy in his administration, so he must've liked his ideas.

I will admit, I hadn't unplugged yet from the Metrix back then. I was still plugged into the MSM. I have learned from my mistakes. Just like I will admit I was wrong about the Iraq war.
 
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I did admit it. I will be the first to admit things well I'm wrong. But he did put this guy in his administration, so he must've liked his ideas.

I will admit, I hadn't unplugged yet from the Metrix back then. I was still plugged into the MSM. I have learned from my mistakes. Just like I will admit I was wrong about the Iraq war.

Ah. So you’re a “do your own research” kinda guy?

How’s that working out for you?
 
Ah. So you’re a “do your own research” kinda guy?

How’s that working out for you?
Completely enlightened. Never freer of anger for people I have never met and don't agree with. When you realize that both parties are the same.

Most of my research comes from books (the older the better) because they haven't been altered with lies or modern day BS.
 
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