Well it seems like your messiah stopped just short of contiuing the call to nationalize big oil, but is seeking these windfall profit taxes to support allternative fuels and give everyone a grand to offset fuel prices. I guess that's what Pelosi meant when she promised in 06 to lower our fuel cost. I guess he also stopped by Zimbabwe on his overseas trip for a little economics training.
Let's just ignore the double digit percentage increase in private industry funding of new energy research.
Let's just ignore that these types of taxes have always worked so well.
Let's just ignore that the oil company profit margin is one of the smallest among large corporations.
Let's just ignore the billions that oil has put into new energy research which surely wouldn't be affected under a new tax scheme.
Let's just ignore that someone railed against a tax holiday period as oil would find a way to still increase the price making the change transparent to the end user.
Let's just ignore common sense.
Let's all just hope for change.
Let's just ignore the double digit percentage increase in private industry funding of new energy research.
Let's just ignore that these types of taxes have always worked so well.
Let's just ignore that the oil company profit margin is one of the smallest among large corporations.
Let's just ignore the billions that oil has put into new energy research which surely wouldn't be affected under a new tax scheme.
Let's just ignore that someone railed against a tax holiday period as oil would find a way to still increase the price making the change transparent to the end user.
Let's just ignore common sense.
Let's all just hope for change.