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The Donnybrook
Wednesday, April 30, 2008
 
Something about a broken clock...

Tom Friedman actually nails it in this column explaining why the McCain-Clinton gas tax holiday idea is a short-sighted Band Aid on a long-term sucking chest wound...

Hillary Clinton has decided to line up with John McCain in pushing to suspend the federal excise tax on gasoline, 18.4 cents a gallon, for this summer’s travel season. This is not an energy policy. This is money laundering: we borrow money from China and ship it to Saudi Arabia and take a little cut for ourselves as it goes through our gas tanks. What a way to build our country.

When the summer is over, we will have increased our debt to China, increased our transfer of wealth to Saudi Arabia and increased our contribution to global warming for our kids to inherit.
Short-sighted politicians pandering for votes rather than taking on the bigger issues.

Lather. Rinse. Repeat...



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