http://hosted.ap.org/dynamic/stories...11-19-03-54-44

Great, another one of the Democrat's wonderful plans to help Americans with already high energy prices. The oil companies will simply pass these taxes onto us, like they do in Europe, which will raise the prices of petroleum based products, and pretty much everything else, as plastic is made with oil and transportion of goods utilizes various forms of oil.

It would be one thing if the Democrats were going to burn the money they will get from these taxes (heck, it would offset the counterfitting program that the Democrats instituted under FDR, which inflates the dollar everytime someone declares bankruptcy), but it is another thing that they are going to spend it. Once the Democrats start spending money on something, they never stop; because of that, once they get the money from this, they will spend it, on a yearly basis, on something that we will not need, and when demand for oil naturally declines, as people switch to hybrids, hydrogen powered vehicles and electric vehicles, the Democrats will insist that the government cannot be run without the additional tax revenue, leading to higher taxes on us elsewhere and also leading all of us to buy into the Democrats' idea that the "rich" are responsible because they deserve higher taxes than we have and the "fact" that they pay such "low" taxes is the reason why we suffer such a burden.

Of course, because the "rich," which I quote as wealth is solely a matter of opinion, are the ones that start businesses which in turn create higher paying jobs as the businesses they start have to compete for labor, many higher paying jobs that people would have had they will not have, and the country will enter an economic decline like it did during the 1970s and we will all blame the "rich," which by now will be paupers themselves.

Who else wishes that the government would just leave us alone?

 

The title of the article:

Look, we all got a the benefit of the tax breaks . . . the amazing drop in gasoline prices just before the election. A week later and it seems to already be evaporating.

Bob Wilson

 

The drop in gasoline prices was because of natural seasonal trends, namely the decrease in demand of gasoline before the demand for heating oil increases. The same thing happened in 2005, 2004, 2003, 2002, 2001 and all of the other years. If you look at historical price charts or kept better track of gasoline prices, you would know that:

http://www.gasbuddy.com/gb_retail_pr...t.aspx?time=24

The chart clearly shows a decline in gasoline prices as we approached November 2005, and there was no election that year. These cuts were instituted years ago and they had their natural trends would have occurred regardless of whether or not we had elections, take last year for example. If the Democrats get rid of the tax cuts, oil prices will rise to all time highs, even at times of the year when they should be at lows (Spring and Fall) and that will hurt all of us.

 

Enron taught us that the oil companies will sell energy, oil and refined products for whatever they can get and hang the consequences . . . given their current high profits. But we have this massive Republican Federal Debt, over $1.5 T., that needs to be paid off.

Bob Wilson

 

Last I saw the "republican" deficit was "only" $400 billion - much better than in previous years.

 

The national debt is actually more alone the lines of 14 trillion dollars, if you include the bankrupt social security fund and a good part of it is still owed due to massive government spending under FDR.

Inhibiting the economy by raising prices for everything, stifling economic growth, is no way to pay off debt, especially when it leads to the scenerio I outlined in my first post, where the Democrats will insist that the government cannot be run without the additional funds, and raise taxes higher to compensate for it, leading to another cycle of tax hikes, and another, and another, until we return to the 94% taxation that we had under FDR through Ronald Reagan (Ronald Reagan got Congress to put a stop to it). The best way to pay off debt is to stop spending so much. The Departments of Agriculture and Education are both unconstitutional, and are among the many things that can be cut. The Caucus for the Advancement of Black people is another thing that can be cut, not only because of its unconsitutionality but also because there is no equivalent for White people, despite their statistical intellectual inferiority to Oriental people, and at this point, it becomes plainly clear that having any such Caucus is a statement of inferiority, which is wrong. Earmarks from the National Transportation Bill can be cut, such the the ones that built two bridges in Alaska, one to an island of fifty people and another that was named after a Congressmen's wife. The Private Sector Survey for Cost Control under Ronald Reagan made many recommendations that were not implemented, each of which could have made the federal government more efficient, among the 1/3 that were implemented was eliminating about $100 of overhead processing checks for federal employees, and cutting the production of federal government's best seller, "How to Buy Eggs." There are plenty of places where cuts can be made, and if the federal government has a budget problem, then it should look into curbing its spending, rather than attempting to bolster its income.

 

Democrats don't want to cut spending, the more they make Americans depend on Government the more power the Democrats will have.

To bad so many think it is the governments responsibility to take care of them from cradle to grave instead of taking care of themselves.

The founding fathers of this country would never agree with the Democrats and yes they would not even agree with the republicans of today.

 

Shining Arcanine, please stop trying to incite people. I wish people would lay off the Democrats vs Republicans. Both sides are starting to get annoying. If you must talk about politics please refrain from finger pointing and name calling of the other party.

Remember. not everyone agrees with your positions. Try to look at things from their side.

I agree, raising taxes is not a good idea because like you said, the oil companies don't care. They will just pass them on to the consumers. It is just a round about way to tax the consumer while making them feel good about it. "HAH they are taxing oil companies. They deserve it, they make all those profits. Hey! How dare they raise the price of gas. The government should tax them more!"

That is my opinion anyway.

 

I'll second that. I think very few of them knows anything at all about how the real economy works, and in their never ending quest to resdistribute wealth and make everyone equal, they are making everyone equally poor.

 

We've had enough of prosperity for just the upper 1% and mediocre raises and galloping, fuel-fed inflation for the rest. The real problem is everyone does better when the largest percentage of our population is doing well . . . because they are consumers and buyers. They drive the economy, not those who move manufacturing and their corporate offices off-shore when they can't hire enough illegal workers at minimum wage. Putting folks earning less than 150k into a race to the bottom only ensures they lose. Deferring taxes by these unbalanced budgets for our next generation is stealing from children.

Bob Wilson