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Heavy-Handed Politics

"€œGod willing, with the force of God behind it, we shall soon experience a world
without the United States and Zionism."€ -- Iran President Ahmadi-Nejad

Friday, November 04, 2005

Just Say No......

GOP warms to 'tax' on oil
The Bush administration clashed with Senate Republicans yesterday over proposals to use oil company profits to beef up heating assistance for low-income households this winter.

As I posted yesterday in this story, the government already makes more money off of gas and oil, through taxes, than do the oil companies. And so now government wants to get their hands on more of these 'obscene profits'. How is this going to help the general public? How is this going to bring prices down? What happens folks when expenses go up for companies? They add it to the cost of their product and pass the expense on to the consumer. Simple economics.

I only had a minor in economics, but come on. This isn't rocket science.


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