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President's recycled rhetoric

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    Is the administration running on empty?

  • Duration 7:57
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-- -- the president struggling in the polls he rushed to the podium today in an attempt to divert attention away from the key issues of the day.

And it does so he decided to unload -- one of his favorite punching bags about of course big oil companies -- take a look.

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 -- oil for a quick profit.

We can't afford a situation where some speculators.

Can reap millions.

While millions of American -- -- -- the short end of the stick.

But as you're about to see this is not the first time the president has promised to do something and not follow through particularly on oil speculation.

Let's look at this.

We also mean.

To crack down on speculators who manipulate.

The market crack down on the we had an energy situation where suddenly -- producers or speculators.

One.

Constrict supply -- out any cases of fraud or manipulation in the oil markets that might affect.

Gas prices and that includes the role of traders -- speculators.

Making sure speculators are taking advantage.

Of what's going on in the oil markets.

-- sounds like more recycled rhetoric from an administration that is running on empty joining me now with analysis of the president's attempt to divert attention away from the key issues and today.

The author of the New York Times best seller courage and consequence we -- -- architect Karl Rove.

Right this is one example.

Now the RNC that that I would I -- I think everybody understands that all right the game has begun its going to be Romney.

99% vs President Obama you -- she's come out what I think -- with a pretty effective ad.

And it talks about Obama blaming everybody but himself wants us.

We are not gonna make any excuses.

I'm not gonna make good excuse.

I would be held accountable and I quickly have you -- -- and that that's exactly right.

My god damn well that went out there because this recession notre not to be a lot deeper than -- -- realize it's.

The worst recession since the great yeah.

I'm not gonna make an excuse worst recessions.

There have been some things that we could not control.

We've got to swing the bat well.

Earthquake.

An Arab Spring.

The economic headwinds coming from Europe.

The uncertainty surrounding the raising of the -- because a lot of things.

Part of the reason the -- actually decline since it is because automation.

Understand this was not.

-- it's.

To go to bank tellers.

We go to -- -- -- -- it's.

Just.

Good news hopefully.

-- -- doesn't want.

People don't feel like I've got -- the country in the right direction why don't think the better off than they were four years of them you'll have a the president.

Yeah.

If we got kiosks.

They forgot they forgot.

Shovel ready jobs Karl good but they had almost everything else.

They got almost everything else every -- you.

Look and against that what are you seeing this week.

He had -- yet exactly this one -- presidency Newsweek I mean the president has adopted there in philosophy that.

If with if anything goes wrong that somebody else's responsibility.

Presidents become bigger and stronger in the minds of the American people when they take responsibility on themselves.

Could become weaker and smaller when they're constantly pointing the finger and blame on somebody else.

Yet -- so let's look at some of the poll numbers Gallup tracking came out yesterday started tracking for this election had Romney up by three today they have not by five.

Fox News has an up by a two and -- one -- poll lead that has Rasmussen has not by a but I think two or three points is well.

So.

At this point presidency if you look at past elections what I went back and -- and what I found.

Is there's been no president that is had this position in the polls and come back and won the election.

Can we learn from history -- is this a whole new paradise.

Well look every election is different I will say this I am surprised that -- -- as good a shape as he appears in these polls because he's he we're at the tail end of an ugly do -- -- primary that is not a noble anybody I mean.

This is not made him look better.

And yet he is in and have fun could fight a good position to fight this out.

Can you take a look at our other real clear politics average of all the polls since April 5 Obama leads by three.

If you look at the polls since April 11 when essentially the contest ended.

It's Obama by a point half -- -- is by.

It's essentially running ahead if you take out one polling gives.

Obama pretty significant lead otherwise Romney's ahead if you if you average everything from elevenths.

So there's going to be competitive race -- very tight very close.

It's not where the Obama people want to be in -- where Romney is surprisingly.

And I suspect happy to be.

But if you saw Axelrod on Sunday with Chris Wallace that was not a happy camper that was not a confident com political leaders.

That was guy who is scared to death -- his candidates gonna go down to defeat and flailing around badly.

Yeah I I got the same impression as well men and one of those polls a year including -- the ABC Washington Post poll.

In that poll they they had 11% more.

Democrats that they sampled and Republicans sure which she you know -- this is certainly in our largest based on on the demographics.

All right so the president's strategy is he can't run on his record.

So he's got to go out there and attack it seems like every time he immerses himself.

The war on women is backfired Sandra flock has backfired.

You know the only attacks the president has been making that they don't seem to be working.

So what -- way to go down there.

Well look they're gonna keep it up because look one thing is they don't get called by the media the president can go -- he went out on Saturday for example you gave us.

At least his third explanation why needed the Buffett rule and he -- -- because.

We needed for growth -- really the billion dollars we're gonna get from the Buffett rule an additional tax revenues this year is gonna somehow create growth.

-- take -- and taxing savings and investment more that's gonna somehow create -- I thought.

We had this bipartisan consensus -- we've had for decades.

That we -- -- tax investment and tax savings less in order to encourage them because that's what drives economic growth and on Saturday comes out and says.

While we need growth to and we need investments but when we were really was saying was we need more government revenue for the government to -- and nobody calls him.

-- media on this kind of says he got to keep -- and there's no ifs ands or buts about it.

But it but again it is not -- -- particularly well.

-- we're gonna continue to -- the president tonight we're -- look at as very generous vacation schedule.

You know what one of the things that I find fascinating here is that -- it's not come up as an issue.

-- you've got every American families of four that make 50000 dollars each as of January 1.

If congress doesn't act the president doesn't act.

The average family that makes 50000 a year their taxes go up on average 17150.

Dollars a year.

Right a lot of money and.

Let's not forget yet -- slot and my analyst let's also not forget present Obama broke his pledge.

They would not tax people make less than 250000 dollars here there -- half a trillion dollars worth of tax increases in Obama -- alone.

And they -- on people who go to a hospital because they need -- procedure people need yet drugs to manage their disease.

And people who buy health insurance policy and people need a medical device.

200 you know -- -- 200 and there are a lot of people make less than 250000 dollars -- -- -- category.

And I got a half a trillion dollars -- the taxes on Karl Karl -- always good to say thanks for being with us.

Thanks John thanks for -- and --

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