Ahmadinejad Accidently Tells the Truth!

When Mahmoud Amadinejad seems like the voice of reason, there is every reason to lose faith in reason. The terror threatening, Israel hating, Holocaust denying Khomaniac president of Iran believes that oil prices are too high!

What is a sane person going to do with this? Is this a case of a broken clock being right twice a day? Is it a lucky confluence of fact and babble--kind of like infinite monkeys, with infinite typewriters and infinite time writing Shakespeare?

Ahmadinejad said today (June 17) "At a time when the growth of consumption is lower than the growth of production and the market is full of oil, prices are rising and this trend is completely fake and imposed."

As reported in the British paper, The Guardian, Ahmadinejad asserted that there is plenty of oil and the prices are being driven up by a combination of speculators and the rapidly falling American dollar. While it is not clear that there is, in fact, plenty of oil, it is certainly true that the rise in price far outstrips the rise in demand. Thus it is likely that the combination of commodity speculators on the spot market for oil and oil futures and our dollar's decline against the Euro are distorting both the international market and our prices here.

Could it be possible that since Iran profits from oil that Ahmadinejad's thinking is actually subtle and he realizes that when oil get too high, the world will, in fact, look for alternatives? Possible? Yes. Likely? No. Still, on this, he is more right than wrong, and that really bothers me.