July 16, 2008

A Trip Down Memory Lane

Flashback: The Summer of 2001

Time Magazine, June, 2001:

In May, convinced the nation was terrified of going California and hungering for a steak-and-eggs energy plan, Bush sold his plan as an aggressive drill-and-dig, anti-regulatory prescription to shoo away the tree-huggers and get the nation — and the economy — humming again.

Two months later, a New York Times/CBS poll released last week found that not only do two-thirds of the nation think Bush and Cheney are too beholden to oil companies, 60 percent think the pair made the whole energy crisis up.

And why not? Energy prices are falling, both in the market and at the pump, and Alan Greenspan, in a post-rate-cut speech Thursday in Chicago, said energy-price inflation was the furthest thing from his mind.

President George W. Bush, July 2, 2008:

…I’ll remind people it took us a while to get into the energy situation we’re in and it’s going to take us a while to get out of it. But one thing is for certain here in the United States, that we can help alleviate shortages by drilling for oil and gas in our own country — something I’ve been advocating ever since I’ve been the President. I’ve been reminding our people that we can do so in environmentally friendly ways. And yet, the Congress, the Democratically controlled Congress now has refused to budge. It makes no sense for — to watch these gasoline prices rise when we know we can help affect the supply of crude oil, which should affect the supply of gasoline prices.

Via The Astute Bloggers and GatewayPundit.

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