Class or Gas, No One Rides For Free
June 19th, 2008 at 10:14 am by CrankyOn the heels of the President’s call to lift the domestic drilling moratorium, the well-crafted Democratic response was as follows:
Is that all you got – class warfare and “Big Oil”? Of course oil companies stand to profit from increased drilling. It’s what they do, you know, sell oil. But in the process something wonderful happens which is invisible to the enlightened – oil supply goes up and prices come down.
By Reid saying that, the move is a “cynical campaign ploy that will do nothing to lower energy prices”, he is either lying or referring to the fact that there will be no immediate increase in supply.
The latter being the case I would respond that he is completly right, but since the Dems are the party of “The Children”, why do they seem so opposed to investing for the future? They sung the same tune when the personal social security accounts proposition was shot down.
Since this election is shaping up to be a Democrat and a Sandinista, it may be the energy question that turns voters out.
June 19th, 2008 at 11:01 am
I don’t understand the agrument that we need to stop the oil company from making too much money. I think that we need to stop celebrities from making too much money or doctors or lawyers or even dimwitted Senators from Nevada. What would his home state think if there was a tax on the gaming industry since they make too much money.
June 19th, 2008 at 12:05 pm
Well, our two parties have their red-meat treats for the base.
Wanna get a liberal to prick his ears up? Say “the richest 1%”. Even if the question is, “would you take $10,000 if someone from the richest 1% gets $15,000″ because he cannot stand the idea of someone doing better. Better the government should take all of it and give him $500 after pork projects and administrative overhead.
June 20th, 2008 at 8:03 am
I never understood this “it won’t help prices now” argument for why we shouldn’t get more oil.
I mean, let’s examine the Dems’ “proposals” (and I use that word loosely) for dealing with the gas price problem:
* Development of alternative energy sources. Will that lower energy prices today?
* Increased CAFE standards on automobile mileage. Will that lower energy prices today?
* A “windfall profits tax” on oil companies. Will that lower energy prices today?
* A Venezuelan-style takeover of the oil companies and/or refineries. Will that lower energy prices today?
* Cutting back on our energy usage…”conservation”, if you will. We’ve been doing that for the last 12+ months, and has that lowered our energy prices today?
Hey, maybe I should stop putting some of my paycheck into my 401(k) account. After all, foregoing that money now only means I won’t have as much money TODAY, right?
June 20th, 2008 at 9:06 am
I hear ya, Crush. The dim-o-crack politicians have been doing this for years. Their dumbed-down voter base only understands things like instant gratification and class envy. They aren’t capable of grasping the nuance of increasing our own supply while simultaneously conserving and utilizing new sources of energy. It’s too much for their little minds to grasp that you can do all these things at the same time. Plus, increasing our own domestic supply does nothing to cripple our free-market system, which is their ultimate goal.
June 20th, 2008 at 12:20 pm
I have been calling Feinstein & Boxxer to get them to start legislation to start making windfall profit taxes manditory for Big Tofu and Big Granola. It’s about time those closet, capitalist, hippie motherf*&&@#$ start oaying their fair share of tax.
Looks like Whole Foods (WFMI) stands to have a “windfall” quarter. http://finance.yahoo.com/q?s=WFMI