Scott R. Sullivan

May 16th, 2008 by Scott

Ok, reports of Big Oil making record profits over the past several years are rampant, correct? Bush is in the pockets of Big Oil according to the left, correct?

Now, I went to college for Aerospace Engineering, but I do live out in the country, so I may not be seeing things correctly (but I DID stay at a Holiday Inn last night). So someone correct me if I’m wrong.

If Big Oil = Record Profits and Bush = Big Oil, then shouldn’t Bush = Big Profits? After all, didn’t we go to war so Bush could get rich off oil?

So explain this article from The Washington Post:

President Bush’s financial fortunes appear to have declined over the past seven years, with his family assets dropping as low as $6.5 million, according to disclosure forms released yesterday.

Hmm. The President who’s in the pocket of Big Oil lost money, while Big Oil made money? Could it be that Bush ISN’T in bed with Big Oil? Let’s read further:

President Bush’s biggest asset is a 1,600-acre family ranch near Crawford, Tex., which is listed as being worth between $1 million and $5 million. Most of the Bush family holdings are in real estate and a blind trust.

What!? Most of his holdings are in real estate and a blind trust? I thought he was in bed with Big Oil?

And what’s this with Bush’s assets being worth only $6.5 million? I thought he’d be richer. Hmmm. Compare that to:

Hillary Clinton: Net Worth: $34.9 million (source)

Keep that in mind the next time someone claims Bush is raking in the big bucks from the oil companies.