Tuesday, June 10, 2008

They Never Run Out of Stupid

Windfall profits tax? How in heaven's name is that supposed to correct the fuel prices? The oil companies have their cost and profit structures set up. They're not going to rebalance all of that in a panic over extra federal taxation. All they have to do is pass the tax on to the consumer and bang, the working poor are even more burdened and now they're additionally paying for some boneheaded federal redistribution scheme. I can't believe these people.

I mean, how does it address the problem? It doesn't, except to discourage people from driving, a choice most people can't make if they wish to keep their jobs. Trust a typical Senator not to get that. What we need long-term are incentives to develop alternatives but short-term, today, we need to increase domestic production. The entire problem really is as fundamental as they get: Oil is a resource, there isn't enough of it, and too much is on the hands of people who don't particularly like us. How the windfall profits tax people miss seeing that as the long painful prelude to an eventual global war is beyond me.

(And by the way, said war does not need a Republican cowboy to start it. People who blame saber-rattlers for precipitating warfare know nothing of history, nothing at all -- and are hence doomed to repeat it.)

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