Money Laundering = Energy Policy April 30, 2008

If you haven’t read it yet you should check out Tom Friedman’s recent op-ed regarding all this gas tax stuff. It is literally the only article I have read on this whole issue that doesn’t make me want to jab my eye repeatedly. I especially like this part:

“Hillary Clinton has decided to line up with John McCain in pushing to suspend the federal excise tax on gasoline, 18.4 cents a gallon, for this summer’s travel season. This is not an energy policy. This is money laundering: we borrow money from China and ship it to Saudi Arabia and take a little cut for ourselves as it goes through our gas tanks. What a way to build our country.”