still just me wrote:
> On Thu, 24 Apr 2008 16:51:03 -0700 (PDT), nucleus
> <rose122550@[EMAIL PROTECTED]
> wrote:
> These sorts of situations are one reason the five major oil companies
> made $126b in profits last year. Remember to support GWB and his
> efforts to make sure the special tax breaks these folks get are not
> repealed - that wouldn't be fair! Oh, and while you're getting pissed
> off at GWB, don't forget to notice that the crashing value of the
> dollar has global investors fleeing dollars and investing in oil -
> driving oil prices higher and higher even as the dollar is worth less
> and less. See GWB for that problem too (it has to do with a $3T
> deficit and endless spending with no way of paying for it except
> borrowing from other countries (further devaluing the dollar).
>
And you conveniently left out how much these oil companies pay in taxes
in relation to other companies and how much money these are REQUIRED to
invest in developing alternative sources of energy--(blame the Dems for
leaving that out -- as usual)
Also, you conveniently omitted how these companies cannot drill the
massive oil deposits in Alaska, North Dakota, and many places off-shore.
Maybe there's not enough oil to last the rest of our lives there, but
there is enough oil to affect supply and demand -- much of the money
would go to the U.S., the oil companies would pay greater taxes, and new
jobs would be created for the United States populace. And when's the
last time you saw a new refinery built? It's almost impossible, given
the environmental regulations.
If the Democrats win the next election, they are going to have to
address these questions. Do you think we will develop cars running 100
miles a gallon (or even 50 miles a gallon -- I know --we have those now)
and if we do will everyone immediately junk their present car to buy one
of these, or maybe we're not all independently wealthy.
Regarding taxes, I live in Colorado, and the State has said many of our
bridges are badly in need of repair, and are talking about raising our
vehicle registration fees by $50 (think that's the amount).
Just thought I'd add my 2 cents worth. (Ready to be flamed -- got my
asbestos suit on).
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