Wednesday, August 30, 2006
Bushco buys votes with cheap(er) gas
James Healey in USAToday, 8/29, accessed on AOL:
Gasoline prices are falling fast and could keep dropping for months. "The only place they have to go is down," says Fred Rozell, gasoline analyst at the Oil Price Information Service (OPIS). "We'll be closer to $2 than $3 come Thanksgiving....The U.S. average for a gallon of regular peaked this year at $3.036 Aug. 10, according to OPIS/AAA daily surveys. "
The factors he cites for gas prices falling:
1. The end of summer. Driving slows, reducing demand for gasoline [plus the end of those pesky summer clean air regulations].
2. Sluggish demand. .. "Wholesalers are trying to get rid of product. The growth in demand for gasoline has really tapered off," he says.
3. Petroleum traders, worried that prices are too high to last, are selling their holdings. ... They also believe hurricanes won't disrupt Gulf of Mexico production...
Which misses the biggie:
4. Republican incumbents in danger. Allies in oil companies willing to squander shareholder's money to retain control of Congress.
The Founding Fathers were afraid that demagogues could buy votes using the public treasury. Little did they imagine that corporations would do that by buying politicians to do the looting for them.
Comments:
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Speaking of elections, I've been leaving this idea at other sites today
A really simple idea
When voting in November against the GOP/Neocons complete lack of Administration oversight, take a tip from the Iraqis who braved death squads, militias, insurgents and terrorists in training to cast their votes
Dye a finger purple
The more people with purple fingers showcased by the media, the harder it is to pull the same GOP-sanctioned after-election, false-victory shenanigans ala 2000 & 2004
And if purple fingers rile up the GOP's media whores-Limbaugh, Hannity, Savage, Malkin, Coulter, O'Reilly, and their media outlets-Fox News, Powerline, Red State, etc, then so much the better
A really simple idea
When voting in November against the GOP/Neocons complete lack of Administration oversight, take a tip from the Iraqis who braved death squads, militias, insurgents and terrorists in training to cast their votes
Dye a finger purple
The more people with purple fingers showcased by the media, the harder it is to pull the same GOP-sanctioned after-election, false-victory shenanigans ala 2000 & 2004
And if purple fingers rile up the GOP's media whores-Limbaugh, Hannity, Savage, Malkin, Coulter, O'Reilly, and their media outlets-Fox News, Powerline, Red State, etc, then so much the better
Yah, I kinda saw this coming, only I predicted it would occur right after the Republicans made a big show of taking some bold, decisive action (i.e., drilling incentives and more wilderness opened up to exploitation) to deal with gas prices, so that they could then attribute the relief to their brilliant strategery (corporate welfare totally *works*!!!).
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