MyFoxPhilly

For most people, politics plays a very minimal part in their day-to-day living. I know this comes as a shock for some of you whom dwell (as do I) in the political mire. It is, however, a basic fact. Why would a person struggling to buy a tank of gas care what sort of antics are playing out in the land of Sillyness, DC? Besides, elections are a future concern, so why would a future voter care now?

Well, perhaps this here will help get the word out about how your elected representatives in Washington have screwed the pooch over the course of the last (fill in whatever timeframe you want here)_________. For a more detailed look at the failure of this Congress to address that in which they have habitually failed to address, read this.

In both articles, it becomes clear to even the most obtuse (or partisan) Democrat that this Congress has no intention of offering any solutions other than their "final solution" to the energy crisis. Their "final solution" is to move oil futures trading - and the resulting tax windfall for the government - offshore (they call it "speculator accountability" by having some obscure government agency review all trades and arbitrarily ruling whether the trade was "fair" or not).

They further want to return to the Jimmy Carter era - led by Barack Carter Obama - of "windfall profit taxes" for "big oil" earnings. I can savor the stagflation resulting from this policy even before it is signed by President Barack Obama! What this entails is creating a number from thin air (say - $5 Billion) and taxing anything above said number. Any economist can point out the obvious futility of such a policy: Oil companies will simply reduce their operating scope, and thereby ensure they meet their "obligation" to produce under $5 Billion in domestic profit (they might also move their corporate headquarters to the Cayman Islands, but I'm not sure how brazen they will be). The result will be further reductions in employment, exploration (they can't drill for oil where they explore anyway, so why go through the motions?), R&D, and infrastructure planning (see "exploration" above).

Further, the Democrats wish to adopt "greener" energy. Good for them, but government expansion of green policies will not have any net increase in domestic energy production for better than two decades, sans deep-pocket private industry leadership as contained within Pickens Plan.

Washington policy drives the areas in which moneyed investors place their cash. Failed policies of taxing those businesses that drive our economy will only prove that even legal robbery results in a net loss for our economy. Democrats have never understood why businesses fail when government tax policy becomes the driving force of a business model, but that is obvious to anyone who had to watch this Congress in action - or is it inaction?

Again, even for the most obtuse among us, both articles point out that this Democratic controlled Congress will do nothing until after the election. The upcoming election is predicted to be very good for Democratic candidates. What this means is simple: Democrats want to expand their anti-drilling, anti-progress, anti-consumer majority in order to keep from deriving real energy solutions for the average future voter.

You know, that average future voter who doesn't pay attention to politics, and struggles to pay for gas...

Marks Blog

Average Voters Face Gas Pump Election

Marks

Inside Fox:
Hot List About Us Good Day TV Listings Politics

Write your comment below: Email me when a new comment is added to this entry