Posted on 04/27/2006 6:42:09 AM PDT by Tolik
If there is anything worse than partisan demagoguery, it is bipartisan demagoguery. Republican leaders have now joined the Democrats in blaming the oil companies for the fact that prices rise when demand expands more than supply.
...Is it rocket science that, when oil prices hit new highs, gasoline prices also hit new highs? Do you think the price of wheat could double without the price of bread going up? Would we have politicians running around spouting off about "gouging" by Big Wheat?
...Prices are a symptom of an underlying reality. Politicians can seize on the symptom and even pass laws dealing with it, without changing the underlying reality.
Prices are like a thermometer reading. When someone has a fever, it is not going to do any good to put the thermometer in ice water to bring down the reading. If you think the fever is gone, it may not be long before the patient is gone, if you don't do something about what is causing the fever.
Nailed It!
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Short, concise, logical, easy to understand . . . liberals will never get it.
Thanks for posting.
The federal excise tax on a gallon of gas is about 19 cents per gallon. In Texas our tax per gallon is 38.4 cents per gallon. In places like California and New York, it exceeds 60 cents per gallon.
I wouldn't mind so badly if we knew what was being done with that money and was it being used to fund programs to end our dependence on foreign gas and develop gas refineries and drilling in this country, but it's not, I can almost guarantee you. It's probably used for social programs for people who won't get off their duffs and help themselves.
Not just for reading, but for reference purposes as well.
The chapter in Applied Economics on Free and Unfree Labor has more facts about slavery that run counter to the conventional wisdom than I've ever read in one place.
I have to call the man a genius because there's not a more superlative word.
He is a true Renaissance man in times when Renaissance men are practically nonexistent.
Dr. Sowell * PING *
Thomas Sowell is a national treasure. There are but a handful of people in the world that I'd really like to sit down with and chew the fat. Dr. Sowell is near the top of my list......
You know what also causes politicians to run scared? An idiot constituency that knows nothing about economics and too believe Big Oil is gouging.
Where is our Republican congressional leadership? Who's at the helm?
AGREED!!!!!!! Throw the bums out! Primary challengers to all incumbent Republicans!
They're busy channeling the ghost of Paul Wellstone. If you don't believe me, look up what so called conservative Charles Grassley is saying.
Oh I believe you - and it's disgusting!
When will the MSM quit feeding the BS to the American people that it's big oil that is respocible for high gas prices. What ever Exxon-Mobil made last year you can double it for the tax money paid to THE US TREASURY. Thomas Sowell has a great column every Sunday that I never miss, he is right there with Dr. Peterson.
Isn't it amazing how politicians can blame everyone but them selves.
The liberals don't get it = Dog bites man.
The problem is, the GOP doesn't get it, either. And that's = Man bites dog.
The Republican Party has lost its way, and will be out of power in January 2007 (and accordingly, President Bush will be impeached and convicted before 1/20/2009) unless someone is willing to lead them down the right path, and more importantly, the Bush Administration will follow them. Because I'm afraid President Bush has lost his capacity to articulate the path that he must lead, and that we must follow.
Somebody better do it, and pretty doggone soon IMO, or else the voters will vote for "real" Democrats instead of phony demagogic Pubbies trying to play one.
Too true.
I have lone thought that the House and senate were composed of nothing but empty headed poseurs who couldn't find their ass with both hands and scenarios like this bring 'em right out of the woodwork.
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