Cocksure, But Ignorant and Arrogant

Obama has shown that he just has NO understanding of how the world works when he promised to "get us off the fossil oil standard within ten years." He made it worse when he cockily claimed he could "get one million 150 MPG cars on the road by 2015." (If it was so easy to do, why hasn't it already been done? He presumes to know how much of the profit EARNED by the oil companies is "excess profit" (who gets to DICTATE how much profit is "excess profit?"). And what makes him think he will have the power to TAKE that "excess profit" to spend elsewhere? I'm sure the oil companies would LOVE to spend that "excess profit" the environmental extremists (Democrats all) won't let them spend on exploration to do so. But they're forced to keep it in their bank accounts instead of looking for new sources of oil within the United States. (Café Hayek)