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First recorded activity by BoatBanter: Aug 2007
Posts: 153
Default Your President At Work


"Eisboch" wrote in message
...

"HK" wrote in message
...
Eisboch wrote:
"HK" wrote in message
...
I'll bet that Dicque Cheney is working right now with his "BIG OIL"
buddies to try to knock the price of gas down temporarily two weeks
before the November elections.


Sure he is Harry. Sure he is.

The blame for the price of oil doesn't reside with politicians, current
or past.
The blame resides with us.

Eisboch



I think a steep "excess profits tax" would tighten things up a hair, that
and members representing the public and responsible to it sitting on big
oil boards.


How will that affect the price of a barrel of oil here? Or in Japan? or
in China? or in Sweden? or in Great Britain? or in Germany? or Italy?

Eisboch


Tax would just be passed onto the consumer, the US average Joe filling up to
go to work.

Companies could not pass that tax on abroad for very long, making the US
company less competitive.

Gasoline has not increase in those countries you mentioned like it has in
the US.

The real answer is to get the Fed currency management on a tight leash.




 
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