"You might say that his remarks gave us a sense of his soul. And it turns out that his soul — or maybe it's just his heart — belongs to people, of whatever nationality, who sell oil. " KRUGMAN
As usual, in the above quote, Mr. Krugman sees clearly that "The Toxic Texan's loyalty is to his friends in the oil industry. They have made him rich! Gosh, I bet Junior is fed up with all those California complainers. -Mephisto
" Funny, isn't it? When California complains about high electricity prices, it gets
a lecture about how you can't defy the laws of supply and demand. But when
foreign producers collude to prevent prices from falling in the face of an oil
glut, the administration not only signals its approval but endorses the old,
discredited theory that cartels are in consumers' interest." KRUGMAN
It seems that Mr. Bush does not have any special interest in the environment beyond beyond the bare brown patch where he built his Texas Ranch. - Mephisto.
"The energy bill the House passed last week
was notable for its indifference to environmental consequences and its lack of
serious conservation measures — increased fuel-efficiency standards could
easily save far more oil than we'll ever get by punching holes in the tundra.
But the most amazing thing is that the bill contains more than $30 billion in
subsidies and special tax breaks for energy producers. That's even more
amazing given that money is looking very tight: Republicans are nervously
awaiting new budget projections, which everyone in Washington expects will
show that the tax cut has wiped out the non-trust-fund budget surplus for the
foreseeable future." KRUGMAN
The Toxic Texan is obsessed with "crude." Unfortunately, for his shareholders, he lost money when he owned an oil company. Other Bushes were successful in the oil patch so Jr. could and does live a privileged
life apart and out of touch with the rest of Americans who have suffered from high energy prices.
You might say Junior is indifferent and uninterested in the prices we pay at the pump and to heat our
homes. -Mephisto
" So it seems that many of the administration's principles contain a special
clause, making an exception when it comes to oil. The administration tells
people that they should place their trust in the free market, and accept the
fact that prices will move up and down with changes in supply and demand
— unless those people happen to be selling oil.
The administration tells people that they should be self-reliant, and should not expect subsidies from
the federal government — unless those people happen to be selling oil. And
the administration tells countries that they must expect the United States to
stand up for its own interests, and that our government doesn't worry about
offending their delicate sensibilities — unless those countries happen to be
selling oil." KRUGMAN |
