Trump: "I can say it now, something you didn't know, did you know we've been taking out millions of barrels of oil? Nobody knows about it. You know who doesn't know about it? Iran until right now."
This is dumbest of dumb lies.
But do go on, MAGA, tell me how we're taking out millions of barrels of oil.
Millions of barrels forsooth. Millions.
No, no, NO, don't you dare look away and make vague mouth noises. You tell me, MAGA, how? Taking it from where? Taking it from who? Is it millions of barrels per hour? Per day? Per week? Tell me. Because it's not enough that the MARKET noticed.
There it is. The market. Right?
The thing Trump himself points to as some measure of his alleged success. The market. And while the stock market isn't a direct measure of the economy, it IS a fairly reliable measure of supply and demand. If, as Trump said today, there have been "millions of barrels" of oil moving through the Strait, you would have SEEN it reflected in the market.
More barrels, lower price per barrel.
Less barrels, HIGHER price per barrel.
You would have seen it. That's how it works. Hell, the futures market goes up and down based on the mere idea that there might be more or less of something sometime in the near future.
So, where is this millions of barrels then?
Because you sure aren't seeing it in the market, are you? You're not seeing it at the pump, that's for damn sure. Where is it? What's he doing with it? Come on, you can tell me.
Of course, the weasel word here is "millions."
Sounds like a lot. Millions. Enough to impress the chumps. Million, oh boy.
Yeah. Millions is ONE tanker. ONE. The average VLCC carries four million barrels. So, millions is ONE tanker. Barely that.
Millions isn't enough to move the market at all.
You'd think a "businessman" would know better than attempt this stupid clumsy lie.
You'd think a President would know better, or at least have advisors who did.
But this is Trump, and frankly he's not any better a president than he was a businessman. And he's a lousy liar, which is weird given how much practice he has at it.
Meanwhile, the stock market is down again today on reports of spiraling inflation and the reigniting war with Iran. But do go on, MAGA, explain this to me like you're explaining how California committed election fraud without leaving a single fraudulent ballot of evidence.
Jim Wright :: Stonekettle Station
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