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Politics : Formerly About Advanced Micro Devices
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To: SilentZ who wrote (228484)4/9/2005 4:59:12 PM
From: i-node  Read Replies (1) of 1578142
 
>>> What percentage of the average person's salary goes to buy soda?

The point doesn't hold only for soda. It holds for food, housing, electricity, medicines (and healthcare, generally).

Your attitude is simply anti-corporate, even though corpoations are the life blood of our fine economy.

>>> First off, why does oil go up from $30/barrel to $50?

Supply and demand.

>>> Manipulation through speculation and the blowing out of proportion of current events.

Supply and demand. Ask you're PhD candidate friend. He can tell you about supply and demand.

>>> Or you could put your blind devotion to the policies which are contributing to bringing feudalism into this country and realize that regulation is sometimes necessary, especially when it comes to things that people are dependent on.

I would have no problem with regulation were there evidence of abuse (I've proven this in this thread -- as a CPA I was for self regulation of the industry since I was a student, but changed on a dime when the Enron fiasco happened; regulation is appropriate where other means have failed).

There is no evidence that market factors have failed to work in the case of the oil companies, as this discussion has clearly shown. Gasoline has increased in price less than almost any other commodity over the last 30 years.
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