Wednesday, July 23, 2008

McCain Credits Bush For Lower Oil Prices; WH Says Not So Fast.


“Thanks to Dear Leader, now we can afford lubrication!”

Amazingly, according to John McCain, George W. Bush is still our savior whenever luck infrequently wafts our way like a fragrant fart. At Wilkes-Barre, PA today, McCain actually credited Bush for the slight lowering of oil prices (that so far hasn’t resulted in under four-dollar-a-gallon gas at the pumps) by getting rid of his own father’s executive ban on offshore drilling.

The problem is, the White House isn’t having any of it. WH Press Secretary Dana Perino said, “I don't know if we fully deserve the credit… We don't predict what happens in the market. We can't really tell.”

Even conservative journalists such as Stephen Covington don’t buy it, either, realizing that we need to invest in alternative energy sources.

But that doesn’t matter much in McCain’s heavily-mortgaged La La Land anymore than it matters that there’s still a Congressional ban on offshore drilling that Congress hasn’t even considered rescinding. Neither does it matter that Bush, for the umpteenth time, feigned helplessness in affecting oil prices, claiming that he didn’t have "a magic wand.”

It’s obvious that the only magic wand we’ve been seeing during this cash grab is the one Saudi Arabia, speculators and the oil cartels have been shoving up our ass (see picture above).

McCain is also conveniently forgetting that offshore drilling, even if it continues despite the Congressional ban, won’t commence for another decade, which won’t affect oil and gas prices today. So why should George W. Bush be credited for inching down gas prices?

It’s the “psychology” of the market. Phil Gramm lives, bless his black little charcoal briquette of a heart.

However, McCain also said that the oil and gas crisis is “an energy issue, an environmental issue and a national security issue.” You know, kind of the same thing that Al Gore said on the 17th:
Yet when we look at all three of these seemingly intractable challenges at the same time, we can see the common thread running through them, deeply ironic in its simplicity: our dangerous over-reliance on carbon-based fuels is at the core of all three of these challenges - the economic, environmental and national security crises.

As always, when Democrats make sense, Republicans often follow (without attribution). McCain thinks it’s possible to credit both Bush and Gore without acknowledging the great ideological chasm that divides these two men.

1 Comments:

At July 23, 2008 at 5:37 PM, Blogger The Minstrel Boy said...

in a big picture view, the president really has little effect on the economy. to effect the economy requires concerted effort from president, congress, and the cooperation of wall street. wall street is too busy doing end times looting. the best the treasury secretary and the chairman of the fed could do was to request that they take steps to "end the practice of naked shorting." that's where you pretend to borrow some stock, then pretend to sell it right before a price collapse, then pretend to buy it back. then you repay the first pretend loan at its previous face value while pocketing the difference.

it's a complete and total scam, and it is something that would be stopped if they would enforce the current financial laws.

it's already fucking illegal.

gah. makes me fucking sick.

most likely the effect on the market was obama and maliki being in agreement about getting out of iraq. halving the number of mechanized armies half a world away would be one of the only significant things we could do to reduce demand, and demand, not policy, not drilling is what is driving the price.

expect your linkage soon my friend.

my nine year old niece has been kissed. tousel gavin's hair and tell him his indin uncle sez hi.

 

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