The Real Cost of Obama's Drill Ban




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A temporary moment of good news: A U.S. district court judge has ruled in favor of ending a six-month moratorium on drilling for oil in deepwater. The ruling just came down in New Orleans a few hours ago. Moments later, the White House said they would appeal it.

Do you remember when the president had this to say at the State of the Union address?

(BEGIN VIDEO CLIP)

PRESIDENT BARACK OBAMA: With all due deference to separation of powers, last week the Supreme Court reversed a century of law that I believe will open the floodgates for special interest, including foreign corporations to spend without limit in our election. I'd urge Democrats and Republicans to pass a bill that helps correct some of these problems.

(END VIDEO CLIP)

When I heard that, it kind of reminded me of FDR. When the Supreme Court started striking down the new deal, he targeted four senior members of the court, and tried to add four new ones to "pack" it and circumvent the efforts of those that opposed the new deal.

This is nothing new for progressives. They jam things down your throat, cut deals, and if that doesn't work, they jam it through the court system. Watch him dismantle the court system, but celebrate while you can.

Yesterday I showed you this. It's like a circle of organized crime, but it's also something more. It's a death sentence for two reasons:

1. Energy

2. Corruption

Let's start with energy. Why did the U.S. prosper after World War II? For a number of reasons; no one worked harder than Americans.

While the Frenchy Frenchmen were working 11 hours a week and retiring at 38, we were grinding it out. We had the biggest dreamers and the brightest entrepreneurs, and we had a country that gave them the best possible platform to let their ideas and their imaginations reach their potential: the free market system.

The other important key was cheap energy. We had the technology and we used it —by 1957 the first nuke plant was created. Compare that with today — do we still have the hardest workers? Yup. The best dreamers? Yup. Entrepreneurs? Yes. Is the free market engine still running? No. Companies are beholden to the almighty unions, and when the unions drag a company down to its knees, the government steps in and takes control, micromanaging and crippling the company even more. And what about energy? Not only is it expensive, but we have an administration who is actively trying to make it more expensive! Not my words, his:

(BEGIN VIDEO CLIP)

OBAMA: Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.

(END VIDEO CLIP)

Who thinks that's a good idea? They're going to shove us into alternative energies that aren't ready yet. It's like being forced to drive over a bridge before it's been completed; it'll be great when it's done, but try to cross it now and you'll plummet to certain death.

Look at the destruction this six-month moratorium on drilling is and will continue to cause if the court doesn't stop it. Drilling suspension alone will result in a loss of 3,000 to 6,000 Louisiana jobs in the first two to three weeks and possibly over 10,000 in a few months; when the entire country is only creating about 40,000 non-government jobs. How could this president do something to cripple us further?

The state risks losing more than 20,000 jobs over the next year and a half. Tighter supply leads to higher prices, some say $150 a barrel and $4 gallon gas are on the way and Harvard is saying $7 a gallon with cap-and-trade. Thirty-three oil rigs are now being fought over for anyone to use but us.

No politician is listening to you. Let them know you want the madness to stop. Block this attempt. Mr. President, you have your out, you fought and the court decided. This cannot be dragged out, if they do that it's over anyway. It needs to be decided now.

Given the extremely negative effect this drilling ban will have, is it any wonder that the people of Louisiana are upset with the way this president has handled the crisis? Polls show they believe Bush would handle this better, and only 32 percent think Obama's doing a good job.

That's partly because they want the drilling to continue by a narrow 77 percent to 12 percent margin. Even 60 percent of Louisiana Obama supporters want the drilling to continue, and the facts back up the sentiment.

There have been over 50,000 wells drilled in the Gulf of Mexico, over 4,000 of them deepwater wells and 700 ultra-deepwater wells; all this with no major incidents until now. That is a 99.998 percent success ratio. But they are going to punish Louisiana anyway. They have invested over $150 million for its fleet of vessels that are now being shut down for six months. When in the history of the country has an entire industry been shut down for six months? Why do it now? It doesn't make any sense. But this isn't the first time the administration has defied logic and public will.

Over 60 percent opposed health care; 63 percent support the Arizona immigration law that the president is about to sue the state over. And now this. Why?

That brings me to corruption. With 33 rigs about to be put out of commission, one company that contracts their oil rig vessels (Laborde Marine) received a call. And it didn't take long till the call came in; only 48 hours after Obama issued the drilling moratorium. One guess who that call came from: Petrobras. Yes, that's right, the George Soros heavily-backed Brazilian state run oil company Petrobras wants to lease the unused rigs. Here's how Governor Jindal responded to the 6-month ban:

(BEGIN CLIP)

GOVERNOR BOBBY JINDAL, R-LA.: This isn't about the multinational companies. They're going to pick up and they're going to move those rigs. They're going to move those rigs to Brazil. They'll move those rigs to Africa. They'll move those rigs to other countries and they won't come back for years. Once they're gone, once they're contracted somewhere else, they're not coming back.

(END CLIP)

It costs at least $10 million to move the rigs, so it's unlikely they'd find their way back if they are leased. The jobs won't ever come back. How about that. The same company that the administration was willing to loan $2 billion dollars to, a company with vast resources, $15 billion in profits a year at least, will make off with our rigs. They are planning to invest 95 percent of $224 billion they plan to spend on exploration back into Brazil. So what's in it for us? Nothing!

But there's something in it for the players in Crime Inc. George Soros had at one time $900 million invested in Petrobras. And before you dismiss the connection, look at how much influence Soros' Center for American Progress (CAP) has on this administration.


Soros wants wind and solar: Obama uses CAP to spin against damaging facts.

Soros wants a smart grid: Obama (through GE) wants it too, and California passed a bill that requires the Public Utilities Commission to develop a plan for Smart Grid use

Soros has suggested the president should have nationalized the banks. In the House bill, "Regulators would have the power to stop banks on a case-by-case basis from risky activities."

They want to ban corporate influence on campaign commercials? What about the influence one guy is having through Media Matters (smear campaigns), CAP (public policy), Tides (indoctrination).

Forget God, it's in George we trust. He's gonna get his. This isn't about saving the planet. They tell us global warming is a moral issue; well how can he justify drilling in Brazil? The same people who claim to be the earth's saviors are raping the earth, so please, spare me the lecture on my SUV and filling up the air in my tires. I'm sick of the Al Gore's of the world telling me to drive a crappy 'Smart' car (doesn't look all that smart, or safe, to drive one). And I'm sick of them telling me to inflate my tires before every time I drive, when they have multiple mansions and fleets of SUVs. Stop telling me what to do and who to be like.

Hillary Clinton said we need to be like Brazil:

(BEGIN VIDEO CLIP)

SECRETARY OF STATE HILLARY CLINTON: Brazil has the highest tax-to-GDP rate in the Western Hemisphere. And guess what? It's growing like crazy. And the rich are getting richer, but they're pulling people out of poverty. There is a certain formula there that used to work for us until we abandoned it; to our regret, in my opinion.

(END VIDO CLIP)

Here's a news flash, Hillary: I don't want to be like Brazil! Why the hell would we want to be Brazil? Yeah, I know they have the beaches, the bikinis, and the statue of Jesus, but what's life there really like? One in four live below the poverty line. And believe me, their poverty line ain't your poverty line. Our poverty line is no HD or no DVR. Theirs is going to the bathroom in a ditch. And what about crime? It's rapidly rising, and the murder rates are four times that of the United States. A human rights expert from the U.N. writes:

"Many Brazilians, especially inhabitants of shanty towns, continue to be subject to murder and other forms of brutal violence by various gangs, militias, death squads and the police, despite efforts by the government to end the crimes...There were at least 11,000 so-called resistance killings in São Paulo and Rio de Janeiro between 2003 and 2009....many of these killings were actually executions."

I've got a friend who does business in Brazil and spends a lot of time there. He's had to hire a security team because cars like his down there are riddled with bullet holes. Here's what happens on a regular basis in the cities:

(FOOTAGE OF VIOLENCE IN BRAZIL)

Wow, Hillary, when can we be like Brazil? It looks great. And that's where we are 'investing' our money while people here on our own shores are suffering. And the spill is bad enough, but the drill ban is the nail in the coffin.

We used to inspire the world with our pursuits of the unknown and our exploration. It's in our blood. America was discovered on an amazing, daring exploration. We led the global space race, the searching of the seas, the quest for energy and oil. Americans don't want to sit around and wait for others to do it. That's not who we are, but apparently that's who the president wants you to be.

Does anyone really believe the world will like us better by chopping America down to size? Do you think the people we are supposedly 'lifting up' out of poverty will care about the rain forest? We care because we are blessed and fortunate enough to have vast resources; our bellies are full, our kids are fed. So we can spend time caring about distant forests. Do you think Brazil will care about it? China? They'll cut the rain forest and they'll eat every spotted owl for lunch and import polar bear for dinner if they have to, because they're hungry.

You aren't saving a rain forest or the earth with this ban. All you are doing is making a rich progressive even richer, and punishing Americans at the same time.

— Watch Glenn Beck weekdays at 5p & 2a ET on Fox News Channel

I think we can all agree, both on the Left and the Right, that children who have been caught up in illegal immigration is an awful situation. But apparently what no one can agree on is when it matters to them. This past weekend, it suddenly — and even a little magically — began to matter to the Left. Seemingly out of nowhere, they all collectively realized this was a problem and all rushed to blame the Trump administration.

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Here's Rachel Maddow yesterday:

I seem to remember getting mocked by the Left for showing emotion on TV, but I'll give her a pass here. This is an emotional situation. But this is what I can't give her a pass on: where the heck was this outrage and emotion back in 2014? Because the same situation going on today — that stuff Maddow and the rest of the Left have only just now woken up to — was going on back in July 2014! And it was arguably worse back then.

I practically begged and pleaded for people to wake up to what was going on. We had to shed light on how our immigration system was being manipulated by people breaking our laws, and they were using kids as pawns to get it done. But unlike the gusto the Left is using now to report this story, let's take a look at what Rachel Maddow thought was more important back in 2014.

On July 1, 2014, Maddow opened her show with a riveting monologue on how President Obama was hosting a World Cup viewing party. That's hard-hitting stuff right there.

On July 2, 2014, Maddow actually acknowledged kids were at the border, but she referenced Health and Human Services only briefly and completely rushed through what was actually happening to these kids. She made a vague statement about a "policy" stating where kids were being taken after their arrival. She also blamed Congress for not acting.

See any difference in reporting there from today? That "policy" she referenced has suddenly become Trump's "new" policy, and it isn't Congress's fault… it's all on the President.

She goes on throughout the week.

On July 7, 2014, her top story was something on the Koch brothers. Immigration was only briefly mentioned at the end of the show. This trend continued all the way through the week. I went to the border on July 19. Did she cover it? Nope. In fact, she didn't mention kids at the border for the rest of the month. NOT AT ALL.

Do you care about immigrant kids who have been caught in the middle of a broken immigration system or not?

Make up your minds. Is this an important issue or not? Do you care about immigrant kids who have been caught in the middle of a broken immigration system or not? Do you even care to fix it, or is this what it looks like — just another phony, addicted-to-outrage political stunt?

UPDATE: Here's how this discussion went on radio. Watch the video below.

Glenn gives Rachel Maddow the benefit of the doubt

Rachel Maddow broke down in tears live on her MSNBC show over border crisis.

Progressives think the Obamas are a gift to the world. But their gift is apparently more of the metaphorical kind. It doesn't extend to helpful, tangible things like saving taxpayers money. Illinois has approved $224 million to pay for street and transportation upgrades around the planned site of the Obama Presidential Center. The catch is that Illinois taxpayers will have to cover $200 million of that cost. For a presidential museum.

Eight years of multiplying the national debt wasn't enough for Barack Obama. Old fleecing habits die hard. What's another $200 million here and there, especially for something as important as an Obama tribute center?

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That's all well and good except Illinois can't even fund its pension system. The state has a $137 billion funding shortfall. That means every person in Illinois owes $11,000 for pensions, and there is no plan to fix the mess. Unless Illinois progressives have discovered a new kind of math, this doesn't really add up. You can't fund pensions, but you're going to figure out a way to milk the public for another $200 million to help cover the cost of a library?

It's hard to imagine who in their right mind would think this will be money well spent. Well, except for maybe Chicago Mayor and former Obama Chief of Staff Rahm Emanuel who said, "The state's… investment in infrastructure improvements near the Obama Center on the South Side of Chicago is money well spent."

Some presidential overreach lasts longer than others.

The spending has already been signed into law, even though the Obama library has not received construction approval yet. Part of the holdup is that the proposed site is on public land in historic Jackson Park. That doesn't seem very progressive of the Obamas, but, you know, for certain presidents, you go above and beyond. It's just what you do. Some presidential overreach lasts longer than others.

Here's the thing about taxing the peasants so the king can build a fancy monument to himself – it's wrong. And completely unnecessary. The Obamas have the richest friends on the planet who could fund this project in their sleep. If the world simply must have a tricked-out Obama museum, then let private citizens take out their wallets voluntarily.

As the Mercury Museum proved this weekend, it is possible to build an exhibit with amazing artifacts that attracts a ton of visitors – and it cost taxpayers approximately zero dollars.

'The fool builds walls': China blasts Trump over tariffs

NICOLAS ASFOURI/AFP/Getty Images

I can picture it now: Thousands of years ago, Qin Shi Huang, the first emperor of China, standing before hordes of his followers, in the Qin Dynasty, with a bright red bamboo hat on, and chanting, "Build that wall!"

It took a couple centuries to build the thing, but it got built. And it has been carefully maintained over the last 2,000 years, but, today, the Great Wall of China is so massive that astronauts can see it during good weather conditions from the lower part of low Earth orbit. The wall boasts over 3,000 miles of towers and brick embankments, with over 1,200 miles of natural defensive barriers. It's worth mentioning that the Chinese government is also exceptionally good at imposing digital walls, so much so that China ranks worst in the world for internet freedom.

RELATED: Trump is following through on his campaign promises. Here are the top 10.

So it's a little strange to hear an editorial run by a major news network in China criticized President Trump for his proposal to build a large wall along the southern border of America.

"Following the path of expanding and opening up is China's best response to the trade dispute between China and the United States, and is also the responsibility that major countries should have to the world," the author wrote. "The wise man builds bridges, the fool builds walls."

Similarly, the Pope told reporters in 2016, "A person who thinks only about building walls, wherever they may be, and not building bridges, is not Christian. This is not the gospel."

Don't throw stones at people who want to build walls when you live in place surrounded by walls.

If you've been to the Vatican, you know that it is surrounded by enormous walls. The same goes for all the celebrities who live in heavily walled compounds—a safety measure—but who have also vehemently criticized President Trump's plans to build a wall.

You know the adage: "People who live in glass houses shouldn't throw stones at other people's glass houses." Perhaps the phrase needs an update: Don't throw stones at people who want to build walls when you live in place surrounded by walls.

An immaculate Nazi doctor hovers over newborn. He probes and sneers at it. "Take it away," he says. This is the very real process that Nazi doctors undertook during the era of Nazi Germany: Nazi eugenics, the studious, sterile search to find children who would define a pure breed for the German lineage. The Übermensch.

RELATED: Glenn responds to advocates of aborting Down syndrome babies: 'No better than Nazi Germans'

During a speech to a delegation of Italy's Family Association in Rome on Saturday, Pope Francis referred to this cruel Nazi practice, which he used as a comparison to the increasingly popular process throughout Europe of "ending" birth defects, by offering abortions to women who have babies with chromosomal defects.

Here are two passages from the Pope's remarks:

I have heard that it's fashionable, or at least usual, that when in the first months of pregnancy they do studies to see if the child is healthy or has something, the first offer is: let's send it away.

And:

I say this with pain. In the last century the whole world was scandalized about what the Nazis did to purify the race. Today we do the same, but now with white gloves.

When CNN got the quote, and it shocked them so much that they had to verify the quote with the Vatican—in other words, it didn't fit the usual narrative.

It didn't fit the usual narrative.

The Pope also addressed claims that he has dedicated himself to LGBTQ causes:

Today, it is hard to say this, we speak of "diversified" families: different types of families. It is true that the word "family" is an analogical word, because we speak of the "family" of stars, family" of trees, "family" of animals ... it is an analogical word. But the human family in the image of God, man and woman, is the only one. It is the only one. A man and woman can be non-believers: but if they love each other and unite in marriage, they are in the image of God even if they don't believe.

The media have largely seen Pope Francis as the cool Pope, as the Obama of Catholicism. It'll be interesting to see how abruptly and severely that perspective changes.