Earlier this week, George Bush had a press conference to discuss the problem of high gasoline prices in the U.S. Amazingly, or predictably depending on how you look at it, Bush blamed the (Democrat-controlled) U.S. Congress. Topping his list of idiotic suggestions was that the Arctic National Wildlife Refuge should be opened to oil exploration, followed by the notion that Congress is to blame for the fact that no new oil refineries have been built in America in the past 30 years. Conspicuously omitted from his speech, and also from the press questions that followed, was the fact that Bush’s White Elephant (i.e., his invasion and seemingly perpetual occupation of Iraq) has torpedoed the value of the U.S. dollar, significantly increasing the number of dollars that Americans must spend to buy imported oil.
After listening to Bush’s speech, I could not help but notice how much time Bush spends rearranging the deck chairs of the U.S. economy, while ignoring the giant hole he has blown in the side of the ship.
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