“The changes that have taken place in the Middle East sent oil prices up, and that gave a shock to the world economy.”-Barack Obama, President of the United States

First off, President Obama, oil prices are no where what they were a couple of years ago. What’s been driving up the price of gas (which is just as high as when oil was more than $100.00 per barrel) is not the current price of oil, but refineries that’re purposely keeping production of gas below the demand for gas (which makes the price go up).

Secondly, it was your attack on Libya, President Obama, that caused oil prices to go up!

President Obama also blamed the Europeans: “Some of the challenges that we’ve had over the last several months actually have to do with the fact that in Europe we haven’t seen them deal with their banking system and their financial system as effectively as they needed to.”

First off, if the U.S. banking system wasn’t so involved with the European banking system the U.S. wouldn’t be as affected by their problems.

Secondly, many of the actions taken by European banks, that got them into trouble, were the same mistakes that got U.S. banks into trouble.  By the way, those banking troubles started here in the United States, and have yet to be resolved!

Stop passing the buck President Obama!