Obama has no idea how this economy actually works.
He wants to tax the Oil Comapnies. It is called a Windfall Profits Tax. The last time we saw one was in the 80's. During that time, the amount of energy produced by the United States Decreased. It decreased sharply. And as it did, the price of Oil increased significantly. The Republicans in Congress where right to vote against it.
At the same time, The Dems voted against, with Obama's blessing, allowing increased drilling, which would lead to increased domestic oil, and lower prices both here, and in Europe. However, though the United States has the best and cleanest oil drilling techniques in the world, as opposed to OPEC, who spill half of their oil on the ground, we would have almost no seepage. In fact, if you think back to Katrina. Stories of Oil Rigs washed up on beaches abounded, and yet there was not a single story about oil slicks.
Its that same old story from the dems. Tax us into oblivion while preventing the only thing that will actually fix the problem.
Friday, June 13, 2008
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