Wednesday, August 20, 2008

Tire pressure and Newt Gingrich

I understand from a variety if sources that Former Speaker of the House Newt Gingrich told a national audience via FOX new that Sen. Obama's tire pressure talking point really benefited Big Oil because air pressure pumps at gas stations were not free and the profit went to Big Oil.

How silly can such an allegedly intelligent man get? Quite silly, as a matter of fact.

Remember how George H. W. Bush lost a lot of credibility when he went into a grocery store and had no idea what the scanner was where the clerk checked out the customers. Silly.

The wealthy have no idea what is going on in the world where people buy food and gas and clothing every day.

Soon after our current President was elected, George W. Bush said he'd talk to his friends if gas prices went up. He was asked more recently to do that and he said, "I tried." Silly!

Sen. McCain owns ten multi-million dollar homes so he will not be able to really understand what the foreclosure situation is. I expect he will say something silly soon. I may already have missed it!

And here is Speaker Gingrich too rich to know better telling us something stupid. Big Oil has its name on local stations but the local stations are independently owned and operated by local business people. By the time the local dealer finishing paying for gasoline off the tank trucks, Big Oil has already got every penny it is going to get. Actually, every dollar! The dealer gets pennies by how much s/he marks up the price to cover the business expenses.

If s/he decides to put in an air pump, that is a business expense to that dealer. The air that is pumped is free. Big Oil has not got its hands on that yet. So the profit, if any, for pumping air into tires goes to the dealer and not Big Oil.

I love it when some of these rich politicians say silly things. Folks in the backwaters of the country, in the slums, in the small towns, in the neighborhoods, even in most suburbs, know dealers and how their costs work. We learned when we fussed with them about the rise in prices two years ago when gas went to TWO dollars a gallon.

Rich folks don't even buy their own gas so they never notice.

Sen. Obama knows these common kinds of things. Properly inflated tires cut into Big Oil profits.

Maybe the best ones to help Sen. Obama in his campaign for President are the rich politicians trying to run him down. Their own ignorance will sound silly to everyone else.

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