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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (210791)	7/5/2007 12:07:57 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 793964

LindyBill; Interesting article. I agree with the author on Ethanol. Political talk about "energy security" is Washington code for consumers paying higher prices for more expensive domestically produced fuels. Why have politicians turned against consumers? Exactly! Why? .......... What the author fails to understand is the role - or rather the fall - of the American dollar in international economics. Why is it that oil continues to go up (72.00) this morning (ouch!) and gas prices are falling? The American dollar!! The continual decline in the American dollar is likely to mean higher and higher oil prices - to Americans. Thanks Mr. Greenspan. This is of course a two edged sword. American products (read profits) sold overseas do well, while imports increase in price. Oil being an import rises higher and higher and unless the dollar slide is abated - or unless we can become less dependent on oil we pay more for oil and our standard of living will decrease. Soooooo, while the author is right about ethanol - he is wrong to understand the need for energy independence given recent trends. (Also note that this is more important than one might expect because of the trend to abandon the America dollar in the world of oil trading.) steve

To: LindyBill who wrote (210791)	7/5/2007 12:24:30 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 793964

LindyBill: If we want to make America more secure, decrease gasoline prices, have cleaner fuels, and increase the reliability of supplies, we need to get the government out of the way of the entrepreneurs who can deliver those things. Generally I believe in this statement. However, it also needs to apply to oil companies. Oil companies should never be given incentives by government and need to pay for the entire cost of their products. That is one reason I am against the Iraq war - not the Afghanistan war but the Iraq war! Why are we really in Iraq? Any reason given fails the stink test except oil security. If it is oil security , then the cost of the war is a part of the cost of oil production. However that part of the cost of oil is paid for - not by the oil industry - but BY THE TAXPAYER! As Ron Paul has argued so well, we have taxes because of this crap of messing around all over the world. Many of those who support the war, are pathetically dishonest in their unwillingness to pay for it. You can't have a mess like in Iraq without paying for it - if not now, then give the bill to our children. It takes taxes to do that - so at least be honest enough to be willing to pay higher taxes. steve