HIllary and Barack both want to punish the oil companies for earning too much money. The last time I checked, America was still a capitalistic society. Would someone please remind comrades Obama and Clinton of our free enterprise system? High profits allow companies to pass out dividends (which are taxed) to shareholders or to reinvest within the company. If you think that revoking government subsidies will ease our dependance on global oil, think again. If anything, it will raise oil and gasoline prices. As China, India, Saudi Arabia, and Russia gobble up the remaining oil properties we will be left with nothing. The rest of the world is laughing at us as we try to develop alternative forms of energy and are so paranoid about B.S. topics like Global Warming.
No comments:
Post a Comment