Posted on 05/17/2007 5:48:48 AM PDT by cweese
But, but, but.....you might spend it all when you’re young and not have anything when you’re old!
I just started Sowell's excellent book Basic Economics; what a real eye-opener that baby is.
Maybe it’s because all the !$#@!$@#$#! regulations make refineries TOO EXPENSIVE to upkeep!
I would take anything Consumer Reports says with a grain of salt.
Fortune 500
2. Exxon Mobil
4. Chevron
5. ConocoPhillips
16. Valero Energy
30. Marathon Oil
10% Doesn't seem to be shabby at all in comparison.
I haven’t read that yet! But I love Dr. Sowell, so I should get it and read it stat.
Some math for you when they say “but we only make 10% profit”
Gas at $1.90 = .19 cents profit
Gas at $3.14 = .31 cents profit
.31/.19= drumm roll... a 79% profit increase. Who’s gouging who?
Again, I never notice anyone applauding and hailing the “big oil” when the prices dipped down. Things have really fluctuated the last few years (gone up generally, for sure), but the only noise is made when the prices went UP.
Just why would I not lower my prices if taxes decreased?
The greatest thing going for our economic system is competition. If cost go down someone will lower prices. Once only one of my competitors lower their prices I will have to follow suit just to keep my customers.
Since business does not pay taxes, consumers pay taxes, why do we bother with them in the first place. It would be much more efficient to not pay business taxes. Business would be much more competitive in the world markets, we would all be happier. We would certainly have to make up the loss of income to the goverment from somewhere but then we would at least see the true taxes we are paying.
Business tax is only a slight of hand that politicians play so that we don’t see some of the taxes they are making us pay. The consumer pays all the hidden taxes.
We are so dumb.
I never thank a crook when he just walks past my house. I only complain when he breaks in and takes my stuff.
Your example shows 10% profit in both cases. What was your point?
Somewhere along the way, politicians decided that the primary purpose of government is to maximize tax revenues. That's where the bulk of their attention is focused: "How can we get more tax money?"
In my limited understanding of government, this obsession seems to be misguided.
“honestly-—can you find one good reason why the gas prices are like $3.50 near me?”
How about the dems are in control of congress and they keep threatening to pull out of Iraq and leave the whole mideast in chaos?
I think he main interest in running a second time was to show his father that he could do it and make a legacy for his family.
Since he won re-election a second time, I think his agenda switched directions. No longer does he need or care about the conservative base or the Republican Party future. All he is interested in is serving the interests of his peers, e.g. allowing as much cheap foreign labor as possible in here to be exploited by outfits like McDonald’s, Wal-Mart, etc.
>>That would be about $2.00 a week. Less than the price of a
>>decaf skinny latte at Starbucks. A lot less.
But when I order a latte, I don’t order 15 lattes, as I would pumping 15 gallons of gas. Stupid thought process.
Jet fuel is over $5.00 a gallon. He does have something to whine about too.
Mr. Bush and the government have never built one single refinery or drilled a single oil well. The government doesn't do that, the government shouldn't do that. The government should not have to ask any business to do anything. The government should help promote an environment that encourages business to do what is best for business, make a profit. When business makes a profit consumers get what they want.
Mr. Bush has begged the US Congress to allow more refineries to be built and more wells to be dug but the stupid US Congress has stopped him at every step.
Your complaining about the wrong things won't help, quit being so ignorant of the facts and learn the truth!
Please!
With the Dumbacrats in charge and with the RINO and their partners in the MSM Bush never had a chance. I don’t think any republican administration will ever have a chance because of the STUPID and IGNORANT electorate.
Your wisdom sure zoomed over everyone's heads.
Kris Kristofferson wrote in To Beat the Devil that he'd die explaining how things people complain about are things they could change--with Kris hoping someone would give a [bleep.]
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