Is Drilling equivalent to Welfare?

Discussion in 'Congress' started by midcan5, Jun 28, 2008.

  1. jreeves
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    jreeves Senior Member

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    Rasmussen Reports: The most comprehensive public opinion coverage ever provided for a presidential election.
    A new Rasmussen Reports telephone survey—conducted before McCain announced his intentions on the issue--finds that 67% of voters believe that drilling should be allowed off the coasts of California, Florida and other states.
     
  2. jreeves
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    jreeves Senior Member

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    Citizens' Guide
    Corporations and Unions
    The law also prohibits contributions from corporations and labor unions. This prohibition applies to any incorporated organization, profit or nonprofit. For example, the owner of an incorporated "mom and pop" grocery store is not permitted to use a business account to make contributions. Instead, the owner would have to use a personal account. A corporate employee may make contributions through a nonrepayable corporate drawing account, which allows the individual to draw personal funds against salary, profits or other compensation.
     
  3. editec
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    editec Mr. Forgot-it-All

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    Given the mess they made of the Iraqi occupation, and the Katrina incident (and while I personally seriously doubt either Bush's or Cheyney's first concern is the welfare of the American people) it is possible that they screwed up the national energy plan badly, as well.

    An unlikely explanation, I'll admit, but not entirely out of the realm of possibility.

    Per usual, when it comes to evaluating the Bush regime's record, one finds oneself either thinking they are truly bad guys who just don't care about America and its people, or they're simply the kind of people for whom the concept of the PETER PRINCIPLE was invented.
     
    Last edited: Aug 6, 2008
  4. midcan5
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    midcan5 liberal / progressive

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    Only 67% - let's face it if people think drilling will reduce cost most don't care about the coast line or the future.
     
  5. jreeves
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    jreeves Senior Member

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    No most people don't have their heads shoved up the enviromentalist's asses..
    They know that drilling is not a major contributor to oil spills. They know that Oil companies have to follow stringent enviromental laws.
     
  6. editec
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    editec Mr. Forgot-it-All

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    I do not think drilling represents a major threat to the environment.

    Neither do I think that in the short run drilling will do much for the current cost of energy.
     
  7. midcan5
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    midcan5 liberal / progressive

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    Having seen some of the damage from oil spills I can't be sure. But the key item is any oil will enter the same market and only demand and the price the consumer is willing to pay will affect it until competition for petroleum based energy is real.
     
  8. jreeves
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    jreeves Senior Member

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    That's the reason oil prices have been dropping like a rock since President Bush announced the lifting of the executive ban on offshore drilling......:eusa_whistle:
     
  9. chapstic
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    chapstic Member

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    I'll go with nuclear power plants and coal power plants. the "smoke" you see coming out of a coal power plant's smoke stack is cleaner then the "smoke" you see coming out of your car.
     
  10. editec
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    editec Mr. Forgot-it-All

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    While oil spills are often disasterous in the short and medium run, in the long run oil is biodegradable.

    The price people pay for oil will never be really market driven as long as the supply side of oil is controlled a very limited number of players.

    Since the sources of petroleum are limited by mother nature, and since the cost of becoming a player on the supply side is so damned expensive, having a truly competitive market is virtually impossible.

    Yes, the market for petro is probably an honestly market driven, once it leaves the wells, I acknowledge that much.

    But being a supplier of the resource itself is not market driven in that 8th grade understanding of economics that most of us mean when we talk about free markets.

    The truest "free market" we see in this world is the labor market, folks.

    That is because basically there are 7 billion suppliers of labor all more or less competing for work. (Hence in the USA, for example, economists speak of having only 95% of us working as full employment)

    As labor unions are on the decline, and since there is such a glut of talent in the world compared to the billets to fill them, there really is no market more competitive than the labor market.

    That is basically why the value of most people's labor is so low.

    What the working classes really need to change economic dynamic is a really deadly world wide pandemic.

    It's coming.. sooner or later the world (and the economy) we think is so permanent will change one way or the other.
     
    Last edited: Aug 11, 2008

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