Is it any wonder the world laughs at us with a blithering idiot as president?

Says it all:

Keystone Pipeline Set to Be Rejected by Obama.

CNBC confirmed Wednesday the Obama administration will reject the TransCanada oil sands crude project.

After delaying the project past the November 2012 election, President Obama was compelled by Congress to decide by Feb. 21 on whether to approve the pipeline that would sharply boost the flow of oil from Canada's oil sands.

Should Obama reject the project, Senate Republicans have said they would look at a bill that would force the go-ahead so work could begin on the $7 billion pipeline, save for a portion going through Nebraska, where the state government continues work on an alternate route, said Ryan Bernstein, an energy adviser to Sen. John Hoeven, a North Dakota Republican.

TransCanada's [TRP 41.19 -0.55 (-1.32%) ] oil sands pipeline has put Obama in a political bind at the start of what is expected to be a difficult re-election campaign, and has become a useful tool for Republicans seeking to portray Obama as dithering on a project that they say would create 20,000 jobs.

If the pipeline is rejected, there are some companies that will profit, according to Andrew Lipow of Lipow Oil Associates in Houston.

And this moron claims he's concerned about jobs?  Clearly, he's more concerned about taking his next vacation.

But the calculus is that Obama is looking at the equally moronic unions and asking himself, "where else are they going to go?"