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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Grainne who wrote (23613)	7/14/1998 12:09:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 108807

Obviously it will come as a great shock to you that some corporations prefer government regulations as a method of limiting competition, maximizing profits and deriving political benefits. During the early 1980's, when all the usual idiots were proclaiming that there was a vast and permanent oil shortage, President Reagan took the brave step of deregulating oil. The liberals, led by the likes of Metzenbaum and Kennedy were hysterical (their usual state) predicting soaring oil prices and windfall oil profits. Well, prices came down sharply along with the windfall profits that both the companies and the government were already enjoying. The shortage has gone and the world is awash in oil as new discoveries easily outpace use. The companies that you cite are doing what is their interests, not necessarily what's in their interests of the US or consumers. It should make people wonder what kind of deals they have made with the Clinton administration to sign onto something that is so ridiculed by people who understand economics and the never-ending attempts by leftists to deny economics in their equally never-ending attempts to centralize power. It is no great secret that business prefers to limit competition and I'm sure that many see Kyoto as a way to further that end. Your article is also highly misleading to the point of deception when it states that political opposition consists of the GOP. The Senate is on record as voting something like 98-2 to oppose the failed Kyoto scheme. That would seem to include the vast majority of Dems too.