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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (324609)2/4/2007 12:29:22 PM
From: American Spirit  Read Replies (1) | Respond to of 1576805
 
Big Oil should be strictly regulated, watched, verified, made to obey the law, made to re-invest in clean energies, and windfall profits taxed for the money they've gouged from us. It's either this or tax gasoline heavily and use those proceeds to fund clean energy incentives. So would you rather Exxon get the extra dollar a gallon or the taxpayers in order to wean us off oil?

Just like during the S+L debacle, de-regulation is proven to become un-regulation, especially under a rightwing White House who refuses to crack down on corporate cheaters.

Free Enterprise is a great concept, but without rules which are strictly enforced it becomes a corrupt carte blanche to steal, particularly when the entire sector is colluding and becoming a cartel or monopoly, which is what it is now, at least 90% of it.

Monopolies are illegal and Big Oil has become one again. EVen Bill O'Reilly has been shouting about this fact. And it is a fact. Also, we have seen Big Oil CEO's lie to congress about how they supposedly have nothing to do with setting prices. Baloney! They and their cronies control the whole system, from ground to pump and in the trading markets as well.