RUSH: Folks, did you know that pond scum, algae, pond scum is now the new source of energy in this country? We were on the air yesterday, Obama was down in Coral Gables making a speech, I told you if we had anything memorable from that we’d play it today and we do. We’ve got about nine or ten sound bites on gas prices alone, including some things Obama said about algae, pond scum. Now, this needs a czar. We need a pond scum czar, and 
that means we need somebody slimy. I think Obama could probably find a lot of slimy people to be pond scum czar. Bill Maher would fit the bill. Any number of people probably would.
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RUSH: I want to move on to pond scum, because the president said that algae is our ticket. It’s our ticket out of this mess of high gasoline prices. In Coral Gables, Florida, yesterday afternoon at the University of Miami, this is part of what he said.
OBAMA: We’re making new investments in the development of gasoline and diesel and jet fuel that’s actually made from a plant-like substance, algae. You got a bunch of algae out here, right? If we can figure out how to make energy out of that, well, we’ll be doing all right.
RUSH: How do you think the people down there felt to be in such nearness to such brilliance? The light, the glow, the eminence that was emanating from The One, how could people even bear to look at him. Such is the intelligence that he exudes. We’re new investments in the development of gasoline and diesel jet fuel actually made from pond scum. I’m surprised he didn’t say, “And we got more pond scum here than they have anywhere in the world.” He wasn’t through. He said, “Believe it or not we could replace up to 17% of the oil that we import for transportation with this fuel that we can grow right here in America.” This is the smartest man in the world. This is our Messiah. This is Mr. Hopey Changey. This is the guy who was unlike any politician America had ever seen. This was the great unifier. This was the guy with the solutions to all our problems. Pond scum.
He continued, as he has been doing for his entire administration, making fun of the concept of drilling. He keeps saying, (imitating Obama) “They say drill, drill, drill, drill, but that’s not a solution.” He says that’s for two reasons. He said that’s not an immediate solution. It’s gonna take two to thee years. They’ve been saying that for 30 years, folks. For 30 years we have been suggesting drill, baby, drill and it’s, no, no, no, it’s not gonna take effect for three to five years, it’s not an immediate fix. Imagine 30 years ago if we woulda just started new drilling, new exploration, where we would be today. And where are we? We’re listening to the president of the United States actually tell us that our salvation, the answer to six-dollar-a-gallon gasoline, is freaking pond scum.
I see it every day. Every time I’m on a golf course, still waters on the lake. I see that stuff. It’s floating, but it’s not even moving, it’s so gunky and thick. And I didn’t have the slightest idea that I was looking at the new source of American wealth and the new source of America’s energy independence. I hadn’t the slightest idea. Let’s listen to more from our fearless leader, Barack Hussein Obama, in Florida yesterday.
OBAMA: Now, some politicians, they see this as a political opportunity. I know you’re shocked by that. Last week the lead story in one newspaper said: “Gasoline prices are on the rise and Republicans are licking their chops.” That’s a quote. That was the lead. Licking their chops. Only in politics do people root for bad news, do they greet bad news so enthusiastically. You pay more, they’re licking their chops.
RUSH: Yeah. I remember in 2002, ladies and gentlemen, you remember this, Richard Gephardt was happy as he could be when the stock market was plummeting. Gephardt was happy. He was happily proclaiming, “Yeah, for every hundred-point drop in the stock market we pick up another point in the polls.” It’s time to revise an oldie but goody. And, Mr. President, it’s true today. What’s good for America is bad for you and your party. And what’s bad for America is good for you and your party. And that’s where the Democrat Party is positioned. They are the ones that run around and celebrate bad news. They’re the ones happy as they can be. When gas prices were going up under George W. Bush, that was a political opportunity for them. One more sound bite from Mr. Pond Scum Solution.
OBAMA: You can bet that, since it’s an election year, they’re already dusting off their three-point plan for two dollar gas. And I’ll save you the suspense. Step one is to drill and step two is to drill. And then step three is to keep drilling. We heard the same line in 2007 when I was running for president. We hear the same thing every year. We’ve heard the same thing for 30 years. Well, the American people aren’t stupid. They know that’s not a plan.
RUSH: Stop, whoa, for 30 years! That’s right, we’ve been hearing “Let’s drill” for 30 years and people like you have been standing in the way. If we had been drilling the last 30 years, then it wouldn’t be five years from now before we would see any benefit. We would be in the middle, in the midst of the benefit. This guy pounds the final nail in the coffin of his own idea. (imitating Obama) “They’ve been saying it for 30 years.” Yeah, and if we had been drilling for 30 years we wouldn’t have to be looking at pond scum, and another thing, we wouldn’t be looking at six-dollar-a-gallon gasoline.
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They also say that the United States only has 2% of the world’s oil reserves. With fracking, it is now established that we have what could be the largest deposits of oil in the world. This 2% business, they use that because when you say that we only have 2% of the world’s oil reserves, people think, oh, you want to get 2% of the world’s oil in the ground. No. That’s not what reserves means. They pointed it out at Power Line. Reserves, the definition of reserves, is controlled by securities law, not geology. Oil isn’t counted as part of our reserves unless it’s legal to extract it and economic to extract it. What it means is only 2% of what we got can we legally go get. That what we have we can’t legally go get because of Democrat policies. That’s what it means.