Listen To What The Man Said
2008-05-05 - 12:03 p.m.
Probably the weirdest thing was a dream I had that included the following items: a car accident, a lasertag arena, getting stuck in the back of a tow truck, an ex-girlfriend from over twenty years ago, giraffes, and a fire in a backyard.
No, I'm not going to explain - even I don't get it.
The Wall Street Journal talks about windfall profits that the oil companies are supposedly getting and how oil company investments will go down if the government is going to raise the taxes on those investments.
This tiff over gas and oil taxes only highlights the intellectual policy confusion – or perhaps we should say cynicism – of our politicians. They want lower prices but don't want more production to increase supply. They want oil "independence" but they've declared off limits most of the big sources of domestic oil that could replace foreign imports. They want Americans to use less oil to reduce greenhouse gases but they protest higher oil prices that reduce demand. They want more oil company investment but they want to confiscate the profits from that investment. And these folks want to be President?
Oh, but the world price of oil at $116/barrel has nothing to do with how high gas is, right?
In the Blast From The Past Dept.:
Yet another classic TV show from the 70s is coming to DVD. Here's the intro.
"No thanks - we're trying to cut down!"
And here's another classic comedy bit - George Carlin's take on the environmentalists. Title: "The Planet Is Fine".
Listen to what the man says. I think he makes sense.
Well, it's Cinco de Mayo for a lot of people. For me, it's the fifth of the month...which means I need to go mail my rent.
Be seeing you.
2 comments so far
Bob - 2008-05-05 16:25:04 - http://shadowgm.diaryland.com
The politicians - notably Hillary - want it both ways. The gas tax was levied by people like her to pay for various mandates and environmental sensibilities; that cost was passed on to the consumer as any business would sensibly do. Now, she wants the corporations to still pay the tax, but out of pocket. It's sloppy math that doesn't address the cost of oil, the nation's need/demand, or practical alternatives.
Brin - 2008-05-05 18:05:32 -
Oh, I know that one without even peeking I *loved* that show! How nice it's being released!!
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