Political Quotes

Marcy Kaptur: when you become President and Vice President of the United States, but you have spent your life in the oil industry, I…

On the recordApril 26, 2006
when you become President and Vice President of the United States, but you have spent your life in the oil industry, I suppose it isn't surprising that decisions that you might make when you are President and Vice President would result in your enriching yourself more from the industry in which you had spent your life. It may not be surprising that gasoline now in this country is well over $3 a gallon, and imported oil over $70 a barrel, two-thirds of what we consume in making that gasoline coming from the most undemocratic places in the world, Saudi Arabia, Kuwait, Venezuela, Colombia, Nigeria. It is interesting, if you look at the President and the Vice President, the President spent his life in Midland, Texas, really drilling that community dry, and then he and his family founded the Zapata Oil Company and made relationships with oil companies in Mexico. The President that we have now had investments in Bahrain prior to his becoming President of the United States. And the Vice President, of course, was the CEO of Halliburton, which got all of those noncompetitively bid contracts in Iraq. We watched the former President Bush become a major partner in the Carlisle Group, getting big money from all the oil-producing countries in the Middle East and huge investments and speaking fees from these very same places. Is that merely coincidence?…
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Marcy Kaptur
Democratic · Ohio

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