Nancy Pelosi, at her dimwitted best, now says that the gas price is high because Bush is an oilman.
But I thought Iraq was for oil? (h/t The New Editor)
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Some quotes:
We have two oilmen in the White House…. The logical … follow-up from that is $3-a-gallon gasoline. There is no accident. It is a cause and effect…. a cause and effect.
And this coming from the same person and the same party who has not allowed us to drill for oil, to build new refineries, and new nuclear power plants.
But instead its a evil conspiracy by Bushitler to get rich.
Of course she fails to mention the HUGE amount of profits the federal and state government gets off of each gallon gasoline sold.
These people are delusional.
Lets look at some simple math. Approx. 8 years ago oil was around 15 bucks a barrel. You could buy a gallon of gas at the pumps for around 1.30 – 1.40. Today oil is around 70-75 bucks a barrel for 3.00 a gallon.
Does this tell us anything?
That the oil companies are actually taking it up the yahzoo compared to the Clinton years. Are they making profits…of course. That’s what a business tries to do.
Nissan just posted their 6th straight year of record profits….should we call for a congressional investigation? Maybe add a windfall tax onto to their profits?
Nissan Motor, Japan’s second-largest carmaker, posted its sixth-straight year of record profits today and said it would launch an “offensive” of new vehicle releases to seize market share from the struggling American automakers, General Motors and Ford.
Nissan reported rising sales in the United States and in China, the world’s third-largest car market after the U.S. and Japan. Earnings also got a boost from a strong United States dollar, which raised the yen value of overseas profits, the company said.
Nissan said net profits rose 1.1 percent to 518 billion yen ($4.57 billion) for the fiscal year that ended March 31. Sales in the same period rose 9.9 percent to 9.4 trillion yen ($83.2 billion), the company said.
Nissan forecast even stronger results in the current fiscal year ending March 2007, saying it expects profits to rise again to 523 billion yen ($4.62 billion).
I’m telling ya, these people are delusional. I just got one thing to tell Nancy:
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