SD CDL

The Cheap Oil Syndrome: 3 Stocks to Benefit

I agree with both mixter and only partially to Cousin A, gov't intervention on both sides, subsidies in the down times, windfall "stupid" taxes in the good times is bad and invokes the law of unitended consequences. Businesses don't pay taxes, people do...because it is passed on, that IS business.

Eric H's point is moot because the 3 trillion is off balance sheet, you did not pay for it with this year's filing of taxes, or the year before...or the year before. We opened another credit card in the US taxpayer's name so since it was all borrrowed and will never be paid back, we couldn't have used it because technically it was never there. I'll agree that if we're going borrow 3 trillion we should have put it to finding alternative energy. The problem is that gov't isn't the best group for it...i.e. ethanol and the devastation it has done to corn (consumers that is). We will all pay for the war with inflation, the stealth tax. We'll never pay off the national day in real dollars anyways, it will be inflated away or rendered worthless when we switch to a new currency (Amero?).

Maybe we shouldn't have constructed our entire society on cheap oil...doh!