Just a little over three months ago, President Bush declared he "hadn't heard" that gasoline would soon reach $4 a gallon. Today, the milestone anticipated by all save the President of the United States came to pass: "Drivers are paying an average of $4 for a gallon of gasoline for the first time. AAA and […]

For the second time in two months, President Bush's efforts to "jawbone" his Saudi friends over the cost of oil fell on deaf ears. On Friday, oil surged to a record $127 after Bush's meeting with King Abdullah failed to secure a production increase beyond the meager 300,000 barrels the Saudis previously committed to on […]

One day after the price of oil hit a record of $119 a barrel, President Bush predictably pointed the finger of blame at Congress. During his often bizarre press conference Tuesday, Bush lambasted Capitol Hill for the skyrocketing oil prices which have more than tripled during his tenure. But while the President dredged up proposals […]

Just one week after his latest dismal failure to "jawbone" OPEC into boosting oil production, President Bush yesterday tried his hand at talking up the plummeting U.S. dollar. Sadly, just 24 hours later, the greenback plunged to record lows against the euro and the Japanese yen. Bush's Reverse Midas Touch, it seems, has now infected […]

In the pantheon of his presidential failures, the utter inability of former Texas oilman George W. Bush to influence OPEC and the price of oil stands out as the most predictable - and ironic. Just one day after OPEC members rejected President Bush's call to boost crude production, oil jumped to the stratospheric level of […]

On Monday, Dick Cheney's one-time firm Halliburton announced it had completed work on past contracts in Iran. That news comes just weeks after the company revealed it would move its Houston headquarters to Dubai in order to escape both American taxes and restrictions on business in the Middle East. As Perrspectives reported in February, Halliburton […]

With Sunday's announcement of its headquarters relocation to Dubai, Halliburton completed its transformation from mere war-profiteer to corporate traitor. The motivations for the move are simple: death and taxes. Shifting its corporate headquarters not only allows Halliburton to shaft American taxpayers. It enables Dick Cheney's old firm to comfortably expand its large and growing business […]

In a high profile effort to bolster his credibility on national security, 2008 Republican White House hopeful Mitt Romney last week called on New York to divest its pension fund of any holdings in firms doing with business with Iran. But as it turns out, it is Mitt Romney's former employer with the ties to […]

Tuesday's State of the Union Address should offer Americans compelling viewing. After the GOP's electoral disaster in November and the resounding thud that greeted the "surge" in Iraq, the 2007 SOTU can be said to officially mark the last throes of the Bush presidency. In anticipation of tomorrow night's presidential flight of fantasy, here are […]

A jury in Houston has just spoken and found former Enron CEO Ken Lay guilty on all six counts. Bush family sugar daddy Lay, who gave his close friend George W. Bush over $500,000 for his various campaigns, now faces a long stint in prison and perhaps the Grandma Millie treatment. It will be interesting […]