After Nov. 2010 - I thought we were through with the "silly season" of politics for a while. We had quite a time - between Carl Paladino wielding a baseball bat, Sharon Angle, and her "second amendment solutions, and Christine O'Donnell - who reportedly still is not a witch. For a trip down memory lane with some prose and videos, you can go to BOO!!! The Silly Season of Politics Turns Scary! or Concession Speeches dos and donts.
As entertaining as all this was - the specter of would-be public representatives behaving this was uniquely disturbing. The reprieve from lunacy ended abruptly with the Iowa straw polls where the politics once again descended from the merely absurd and dangerous to the insane and surreal. Once again - you can't make this stuff up.
Ed Schultz - of MSNBC's "The Ed Show" reported that Michelle Bachman is now promising that if she became president, gasoline would return to levels not seen I was earning my Ph.D. (I think we went north of $2.00/gallon in about 2002). Promising gasoline prices less than $2.00 a gallon which would be achieved by a "drill baby, drill" policy of off-shore drilling. According to Bachman, this would increase our production by 500,000 barrels a day by 2030 - magically creating a glut of oil and lowering prices. Hmmm.....500,000 barrels a day is a drop in the bucket - no pun intended. And 2030 is almost 20 years away last I checked. Ed Schultz rightly pointed out that the price of gasoline is driven by world demand and that gasoline prices below $2.00/gallon would require a worldwide economic melt-down. But then again - maybe that's the whole point. A Bachman presidency might but the catalyst to do just that. I'm just sayin'.....
All I can say is that this is going to be a long season of the silly and surreal.....
© 2011 - RMGHicks - http://www.therobberbaroneconomy.com - All rights reserved.
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This is a wonderful post and I will reprint it tomorrow at my place. Thanks for your great blog and for allowing me to share your thoughts with our readers.
ReplyDeleteHi Cletis - I couldn't believe it - The only reason gasoline was that cheap was that we were on the verge of a collapse of the entire global economy. No biggie...Schultz handled it well. I love Ed Schultz.
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