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Friday, November 04, 2005

I knew politicians are dumb, but this is ridiculous

New York Times:

Moments later the Senate voted overwhelmingly, 83 to 16, to prohibit the export of any oil or gas extracted from the refuge. The export ban was proposed by Senators Ron Wyden, Democrat of Oregon, and Jim Talent, Republican of Missouri. Without the ban, Mr. Wyden said, 'there is no assurance that even one drop of Alaskan oil will get to hurting Americans.'
Bill Quick has the perfect response:
Could somebody please explain the meaning of the word "fungible," as in, "oil is fungible," to these ignoramuses?
Obviously, education is weak in America. Just look at our elected leaders.


Blogger RFTR said...

Does that have something to do with lichens?

Geez. I'm no economist (believe me when I say I did poorly in micro-economics), but how can they not realize the inanity of such a law?

11/04/2005 11:20:00 AM  

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