I am astounded by the credit card president's penchant for claiming "this could not have been aniticpated" I am depressed when Democras repeat this nonsense. As recounted in other diaries various Democratic officials including former President Clinton, have repeated the big lie of the day. Other diaries have already debunked this deception. Hopefully this finally derails the Hillary machine (in the interest of fair disclosure, Bill was my 6th choice in the Democratic primary of 1999)
And once again, when the county was in need, on of Mr. Bush first acts was a huge act of corporate welfare.
The White House announce they would tap the petroleum reserve they decided to do it as a loan. We have historically high prices, the result of corporate price gouging, and he lends them free oil instead of selling it on the market, as the law allows, to help lower prices. In case you haven't followed the stock market recently Valero and the other oil companies have seen a run up in stock prices over the past 18 months of approximately 400%. This action is just bizarre. We lose our top industrial port and he give hundreds of millions of dollars away to the richest companies in the country. Your thoughts...