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


To: RetiredNow who wrote (381488)4/30/2008 11:50:22 AM
From: Tenchusatsu  Read Replies (2) | Respond to of 1573627
 
Mindmeld, > Now if only he and Hillary would take some economics classes to understand why a gas tax moratorium is a bad idea.

Hillary wants a "windfall profits" tax on Big Oil.

Anything to get elected ...

Tenchusatsu



To: RetiredNow who wrote (381488)4/30/2008 6:56:24 PM
From: average joe  Read Replies (1) | Respond to of 1573627
 
What a left leaning dolt Friedman is. Buying oil from any country is not a transfer of wealth it is a purchase of a product done from one company to another. Both countries take a good whack of taxes off the product for their coffers.

"increased our transfer of wealth to Saudi Arabia"

The profits and taxes are not put in a safe or disappear they are reinvested in one form or another in either building or exploration. There are many spin off benefits for the boom including the welfare state Obama and Hillary intend to build.