Posted by
SpaceDog on Saturday, June 28, 2008 8:15:06 PM
In this week's Time magazine, Michael Kinsley has one of the dumber opinion pieces I have read in awhile.
In his opinion column, Mike basically posits the theory that we currently have high oil/gas prices because George Bush didn't raise the gas tax after 9/11.
Huh???
Time gives him a full page to expound on this nuttiness, but what it boils down to is: Bush should have imposed a $1.50 gas tax in 2001, after 9/11, when the country would have gone along with anything. And this, through some black magic that Mike doesn't explain, would have somehow kept the price of oil from ever rising.
This is dumb on so many levels, where does one start?
It ignores the impact of the weak dollar.
It ignores the impact of the Chinese buying every drop of oil they can get their hands on, regardless of price.
It ignores the fact that speculators are taking advantage of both of these situations.
If Mike actually thinks high gas taxes somehow impact the price of oil, he should go talk to the Dutch and Norwegians, both of whom are currently paying $11 per gallon for gas.
In the end, I just really can't believe that Michael gets paid to write this drivel! Typical liberal thought process: nonsense ideas based on nonsense facts leading to nonsense conclusions.
This is what the future will hold if Barack gets elected...shudder!!!!
This is the Dog shaking his head...