Chuck Gould wrote:
On Feb 28, 5:44�am, BAR wrote:

The guy who runs the bakery down the street gets tax breaks to purchase
new equipment every three years. Is this good or bad for the US economy?- Hide quoted text -

It's highway robbery, when the guy who runs the bakery *already* has
the exclusive right to sell bread and is essentially unrestricted in
his ability to generate gross profit.

Start a bakery right next door to him.

It's highway robbery, when the baker grinds wheat harvested from
public lands, bakes it into a loaf, and then sells it back to the
public at a ridiculous markup. (all the while blaming the "guy who
grinds the wheat!")

Do you believe in personal property?

It's highway robbery when Ma and Pa Cornerstore are forced to pay so
much for refined products that they can't make a go of it and are
forced to sell their business. Of course, since there is no profit
being earned on the sale of refined petroleum products the only
prospective buyer turns out to be BIGOILCO. Amazingly enough, after Ma
and Pa Cornerstore go BK and move in with their kids there is suddenly
enough profit available at that same location for the new owners
(BIGOILCO) to tear down the building, build a new one, add a Subway
Sandwich shop, and hire enough staff to be open 24/7/365.

Stop whining.

Don't forget, almost the very first thing that was done after the 2000
election was to call the BIGOILCO executives to Washington DC. There
they sat down in closed door meetings with Dick Cheney to "outline the
national energy policy".

This country, this world runs on energy. You have India and China
booming and sucking up more and more energy. I would expect that the
president called in the CEO's of the energy companies and had a talk
about how we can continue to supply oil based products to the US to keep
the US economy going.

Just think what will happen when the India and China start buying super
tanker loads of oil for a dollar a barrel more than the US does.

We shouldn't reward predators with a tax break.

If you are the only boat dealer in town are you a predator? Should the
government shut you down until viable competition arrives? Or, should
the government limit your, the brokers, profits?