Former House Speaker and current GOP presidential neverbe Newt Gingrich (R-Callista) has always been a popcorn machine of bad ideas, but his latest fraud upon the electorate really sets new standards of incredulity.
From MSNBC’s First Read:
The Gingrich campaign today released a new advertisement outlining Newt’s “$2.50 plan” to lower gas prices.
“Since Barack Obama’s inauguration, gas prices have doubled,” the narrator says in it.
As an image of a gas pump appears with a price ticker hitting $4, the narrator adds, “They didn’t go down when Obama bowed to Saudi oil princes. But they can go down under the Newt Gingrich two-fifty-per-gallon plan.”
The entirely delusional ad:
Seriously – $2.50 gas will happen around the same time Snooki reads Plato in the original Greek.
(GTL = Greek Too Literal?)
More from First Read:
According to the ad, Gingrich’s plan lowers gas prices by “increasing domestic production, opening up off-shore drilling, building the Keystone Pipeline, cutting red-tape regulation.”
At the end, an image appears of a gas pump nozzle pushed up against a man’s back like a weapon. “The Gingrich two-fifty plan stops the great gas hold up and puts money back in your pocket,” the narrator says.
Not to get technical about it, but Gingrich is trying to pick your pocket.
Forewarned is forearmed.
In order for eye-of-Newt’s plan to work, oil companies would have to drill like Whirling Dervishes employing the most advanced oil discovery techniques and hiring countless jobbers and geologists, and then after extracting the precious hydrocarbons, sell them solely in the United States to refineries here at about 42 dollars a barrel (a barrel is 42 gallons of oil); then said refineries add value by producing gasoline, diesel and fuel oil for a dollar or so per gallon. Then oil retailers must transfer these products to gas stations in the United States and nowhere else of the 2-fifty price he envisions. Why wouldn’t American oil companies sell these products where they could get the best price for it? Only if a Newtonian Administration FORCED them to do at his instruction. Tell me again how much Gingrich hates BIG GUVVAMINT!
How about “Citgrotesque”?
Meh.