Now here is a scary prediction, according to Newsbusted Anchor Jodi Miller, experts are now predicting that gasoline prices will reach record levels in 2012, perhaps over $5.00/per gallon. That is going to royally screw up family vacations for this coming summer…well except for the family that lives at 1600 Pennsylvania Avenue. But I am sure before they leave they will suggest that we eat some cake.

Other stories covered in today’s Newsbusted the twice-weekly faux-news program from include why liberals won’t be able to tax the profits of some green energy companies, China’s new subsidiary, why IBM’s new product is banned from MSNBC, and much, much more.

Please don’t forget to watch today’s version of Newsbusted as the consequences of missing this episode may be horrible. A reader forgot to press play last Tuesday and Newt Gingrich posted  herTax Return on the internet and now she is being audited by the IRS

Oh and if you cant see the video below click here.