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Politics : Formerly About Advanced Micro Devices

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To: steve harris who wrote (431414)10/30/2008 8:47:28 PM
From: Tenchusatsu  Read Replies (2) of 1577108
 
Steve, Walter Williams put it best. Remember when gas was $4/gallon due to the greed of Big Oil?

Now that gas is falling below $3/gallon, what's changed? Maybe Big Oil became benevolent all-of-a-sudden. Maybe they feared the calls by Maxine Waters and others to nationalize our oil industry. Maybe they've stopped paying their CEOs obscene salaries and started giving up their "windfall profits."

Cause you know, no one understands economic concepts like supply and demand and elasticity. That's too complicated. You know, Occam's Razor.

Tenchusatsu
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