Tuesday, September 7, 2010

Oil Companies give me a break & Obama keep this promise

First, I was happy to see our president woke up and decided to take on his opposition during his labor day speech. I was beginning to wonder whether or not the Democrats were being paid off to throw this midterm.
However poorly things are going, whatever mistakes I or anyone else thinks that you have made do NOT make the mistake of breaking your promise to not let Social Security become privatized on your watch. I believe you will not.
However, with Alan Simpson at the wheel I do expect to see it weakened. Do not be afraid of the veto.

Now I will play the world's smallest violin for the oil companies that keep running ads please don't tax me anymore. Just looked up their profits. In the BILLIONS all of them, except maybe BP, but they aren't American anyway.

These commercials have paid citizens to spout their claim that raising their taxes will raise oil prices, and we can't afford that. Well, I agree with the we can't afford that part. But why do people take it as a given that if your taxes are raised, or any more regulations put on you you HAVE to raise prices. What, you HAVE to make billions or all your CEO's will die? Is there a bomb planted in them that makes it impossible for them to settle for less than billions without imploding?

I think the truth is, if their taxes are raised they will CHOOSE to raise prices. Big difference. I honestly wished it worked that way. Because then common sense would dictate that all that we would have to do to lower oil prices would be to lower their taxes. Does anyone think things would really work that way around?

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