Cafferty's Conspiracy Theory a Crowd Pleaser at CNN's "In the Money"

September 5th, 2006 4:09 PM

An update to Megan McCormack's blog posting from last week.

Apparently Jack Cafferty's colleagues, ostensibly knowledgeful business reporters, like Jack's kooky conspiracy idea that Big Oil is driving down gas prices in time to engender good will for the GOP:

Maybe it could be called “The Conspiracy Hour with Jack Cafferty.” On the September 2 “In the Money,” the program’s host recycled his theory that gas prices are dropping because of scheming oil companies.

“You know, if you were a real cynic, you could also wonder if the oil companies might not be pulling the price of gas down to help the Republicans get re-elected in the midterm elections a couple of months away,” Cafferty suggested just a few days earlier on the August 30 “Situation Room.”

“In the Money” contributor Jennifer Westhoven reminded Cafferty of his August 30 comments and suggested he rehash his “cynicism about the election” for the “In the Money” audience.

“Certainly the thought had crossed my mind. I mean, the oil companies have a vested interest in seeing that the Republicans remain in control of the federal government,” Cafferty answered Westhoven, before adding facetiously, “They wouldn't pull prices down before the mid-terms now, would they?” he added over laughter from his fellow panelists.

It wasn't a dismissive "oh, that's my crazy Uncle Jack for you," laugh either. Anyway, you can read more at the MRC's BusinessandMedia.org Web page.