Thursday, November 08, 2007

Bush: I Don't Know Nothin' 'Bout Birthin' No Oil...Iran!

From an AP transcript of the Bush-Kozy lovefest:

Q: Mr. President, with oil approaching $100 a barrel, are you concerned that your hard words for Iran on its nuclear program are helping drive up oil prices, which can end up hurting the U.S. economy?

BUSH: No. I believe oil prices are going up because the demand for oil outstrips the supply for oil. Oil is going up because developing countries still use a lot of oil. Oil is going up because we use too much oil. And the capacity to replace reserves is dwindling. That's why the price of oil is going up.

Now, I believe it is important for us to send clear signals to the Iranian government...
Blah blah blah... we need to attack Iran!

While dry-humping the new, Georgie-lovin' President of France in Washington this week, President Bush alluded to his complete ignorance of how our world works. Oil prices go up, in part, because of a basic supply/demand structure, but our recent surge is tempered in the forges of energy forecasters and traders.

All you have to do is watch the morning news and hear "Oil prices took a leap today because of fears of a possible storm in the North Sea" or "...because of fears that Bush may attack Iran" or "...because of fears that Wonka Bar production may move to Oompa-LoompaLand." Jumpin' Jesus on a pogo stick!

But the President is very good much sexy friends with people who make shit-tons of money all over the world trading in the everyday affairs of regular citizens and wants to make sure that when his caustic second term is over that he can jump back in the pimped out money pool with all the folks he allowed to benefit from his two terms in office. Between horrendous military contracts, education tomfoolery, and allowing Big Oil to rape America, he's going to be one of the richest bastards in the world by March of 2009. As long as he doesn't invest in the dollar.

Or he's just - really - mentally retarded and doesn't even have a basic understanding about how the world economy works.

I'll accept arguments from either end. To paraphrase a British punk paraphrase: America is Dead...Long Live America!

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