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Obama Wants to 'Robin Hood' Exxon

So back to taxes, if it's such a good idea to raise taxes, why should we stop at "windfall profits" (what is the defininition of those ayway?)? If taxes will fix everything, then just tax everything and everyone until The State ownes all of it. No Dem will say that, but deep down they must think it since Congressionally that's their ever only solution. Tax Exxon, Tax Microsoft, Tax, Goldman Sachs,...since the Indians make so much on gambling, we shoudl tax Big Red, eh? Of course, the tax never actually does fix the issue. It didn't fix Rome, or North Korea, or Cambodia. And it's not fixing Germany or France or Sweden today.

Obama Wants to 'Robin Hood' Exxon

"America already has less taxes on gasoline than all of Europe"

So? Europeans are used to paying high taxes. They've been paying high taxes since being conquered by Roman legions. Sorry dude. While I do very much enjoy vacationing in Europe, I have no envy when it comes to their politics or economic engines.

Obama Wants to 'Robin Hood' Exxon

Aug 06 09:02 AMIf you keep on referring to Obama as "The Anointed One", will that sarcastic smear be enough to get Sen McCain elected?

I see. So, it's completely fair, funny, and just common sense to defame, denigrate, insult, and generally laugh publicly at George Bush, a President elected twice, who has never whined about the treatment he's received but rather has demonstarted leadership all the way through. But to say anything negative about Barrak Hussein Obama, his positions on issues, what he says about himself, his mentors, his friends, and his country is off limits? That is a very good definition of one who has a developing case of messiah complex. Chm Mao, Der Furher, Stalin, they all had that going for them too. If The One is going to rule over us in January, hadn't we better accustom ourselves to using the correct terminology about His Highness Barak The First?

Obama Wants to 'Robin Hood' Exxon

Did any one mention the supply curve? A supplier will supply less of a product as the incentive to supply (in th eform of revenue/profits) moves down the curve. If Barry O with his Fellow Traveller (a Marxist term for those who have the same goal as a nominal socialist but doesn't want to call themselves a socialist) congress reduce the profitability of refining and selling gasoline, XOM et al will simply supply less of it. It's a very basic priciple. The result would be a Carterite economy complete with the rising fuel prices and long lines (driven by a real supply restriction, due to above mentioned supply curve) and higher prices for everything that is dependant upon the fuel cost. In the midst of that, Barry O et al will likely follow the precedent of Gov Granholm (D-MI) and raise taxes on anyone who produces anything and give windfall handouts to those who produce nothing.

The T. Boone Pickens Approach

And yet, a growing number of real scientists are dismissing the global warming hoax as just that, a hoax. I'm all for conservation. But the Man Is Evil crowd needs to realize that whatever C02 man does emit via the internal combustion engine is nothing compared to the levels produced by volcanic activity. FOX, President Bush, and Vice President Cheney have it right. Al Gore has it wrong. Not only does he have it wrong, he's also a hypocrite. What's with the buzz about conserving and global warming when his own house could light up half of Nashville? He's not even at home to see it lit up because he's buzzing around in his jet creating C02 in the atmosphere, buring millions of gallons of jet fuel. To be consistent, he and the rest of the watermelons (green on the outside, red (socialist) on the inside) should 1) attach solar panels to the roofs of your houses, in your front yards, windmills in the back yard, ride a bicycle to work, and leave the rest of us the hell alone.

Offshoring Is a Dubious Policy When the Question is Oil Drilling

John, which buddies were those? Are you cliaming that R. Regan had the power to call up UCLA, for example, and order them to cease research into alternative energy sources? I never knew the President had the power to quash inventive ideas. Or was it that R. Regan killed the millions of government money spent on nonproductive projects? If the ideas were so great, why isn't (or wasn't) private money behind them? I suspect they were then, as now, promises made of far distant benefits

The Effects of Oil Speculation

Pualk - Obabma isn't planning to raid the treasury. He's planning to raid the public at large via much higher tax rates. Forget rolling back Bush tax cuts. He's rolling back Regan cuts. With the Useful Idiots (they call themselves "Progressive", but Marx called the "useful Idiots") in charge of Congress, he's almost got it. Next remains the supression of the middle class - which raising the tax rates might go a way to accomplish. Sure, it'll cause an economic catastrophe, but what of that? For Leftists, all exist to serve the State. Yes, US already has one Dr. Phil. But we need one with economic sense, not vapid rock star sentiments, so give me the other Dr Phil (Gramm) please.

Why Was Oil Up Wednesday?

Tuj...Is a carrier necessary to carry out air strikes? I don't think it is. As for speedboats, I think the one's I've seen in news photos are the Zodiac type, which are rubber. Rubber doesn't win against 20mm machine guns from numerous defensive ships. 20MM is a pretty big caliber I think, when it's coming at you 500 rounds a minute. About the mass firing of exocet missiles, you might have a point. Do they have a "swarm" of exocets? I don't know. The US Fleet has a swarm of anything they need though, not to mention the swarm from USAF bases in Iraq and other places. How about the swarm from Iowa with no-see-um B-2s. Oh wait, there's the swarm from Diego Garcia. I think B-52's can still get to Iran. Wait - they don't actually have to get to Iran, they can launch cruise missles from somewhere else. Oh yeah - from submarines too. Iran whoopin the US Navy & Air Force? You're joking. Would Iran capitulate? No, but they might regret using the exocet. My concern would be more along the lines of Mr. Fox - Iran sends a bomber designed as a commercial airliner filled with people. But, if the people are willing to die as a bomber, they should be prepared to die as a target of F-18s as well. USS Cole wasn't a swarm. That was a sneak. If they're so smart over there in Persia, they will surely recognize that we are still able to open a few cans of whoop ass, with or without France.