Tags: Barack Obama | 2012 President Race | | Editor's Pick | Newt Gingrich | gingrich | energy

Gingrich: Obama' s Energy Policies Are 'Greenback' — Not Green

Thursday, 22 Mar 2012 04:17 AM

By Hiram Reisner

Presidential candidate Newt Gingrich says President Barack Obama, who Wednesday launched a four-state tour plugging the administration’s renewable energy policies, should label his programs “greenback,” not green. The former House speaker also told Fox News’ Greta Van Susteren that a Mitt Romney adviser’s comment that the contender can reset “like an Etch A Sketch” shows the former Massachusetts governor can “turn on a dime.”
 
Obama “doesn’t have a green energy policy — he has a greenback energy policy,” Gingrich said. “He keeps shoveling out greenbacks to failing ideas and propping them up with our tax money and with our children's money. I am for green energy, but I want to draw a distinction between green energy and greenback energy: Green energy has to ultimately be commercially competitive.
 
“The president recently said drilling wasn’t the answer for gasoline — he proposed algae. We went out and talked to the experts: They think it’s at least 10 years away, and they think the equivalent cost is between $140 and $800 a barrel,” he said. “Now, that’s not economically competitive. There’s no indication that Barack Obama has a clue about economics and every indication that he is raising the cost of oil and gas for the American people, raising the cost of electricity, deepening the recession, and hurting the pocketbook of every American family.”

Van Susteren then turned to a Romney campaign adviser’s comments that the front-running Republican candidate for president could reset “like an Etch A Sketch.” She noted the former Massachusetts governor did not make the comparison, and asked Gingrich why he and others went on the attack.
 
“Well, first of all, it’s his communications director, so he’s pretty high up in the organization. Second, the reason the Etch A Sketch comment is so powerful is it reminds everybody of Romney's initial problem,” Gingrich said. “He had been a fairly liberal governor of Massachusetts — he invented Romneycare — he said at the signing ceremony his senior collaborator was Teddy Kennedy.

“Now what you get [is] one of his senior advisers reminding everybody that Romney could turn on a dime — the day after he gets the nomination, he could say: ‘You know, I got to go to the center. I got to win the election. So let me sell out every conservative principle I promised,’” he continued. “And now he tells us he won’t do it — maybe he won’t do it.

“But . . . maybe they’ve already been talking in the senior staff about how they'll jettison the conservative stuff in order to run in the general election.”
 
 

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

The 2016 'Book Race': GOP Candidates Like Ben Carson, Huckabee Sell Like Hotcakes

Friday, 30 Jan 2015 20:50 PM

If potential Republican presidential candidates' recent book sales are a strong indication of their electability, then B . . .

Smoke on Boston Train Scares Passengers Who Bust Out Windows to Escape

Friday, 30 Jan 2015 19:37 PM

A commute on Boston's Red Line Thursday morning turned into chaos as smoke filled the train and passengers broke out win . . .

Seth Jackson Sentence: Foster Dad Gets 32 Months in Hot Car Death

Friday, 30 Jan 2015 18:50 PM

Kansas foster dad Seth Jackson was sentenced to 32 months in prison Friday for the July death of a 10-month-old girl who . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved