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Re: Very concerned
Clayton58, If you want to go there, the subsidies that the ethanol companies got was also for the consumers. The consumers got a lowered gas price and cleaner air out of the deal.
Just wondering, you don't think that the oil companies have made billions from having their oil supply guarded?
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Re: Very concerned
I`ve always thought with these endless, trillion dollar, Middle East wars that if a $1 tax on fuel was implemented, within about 6 months the public would pressure a end and it wouldn`t costs trillions of dollars. Either we would go "Nagasaki" on them or tuck tail in and beat it, but one way or another we`d be out and with public support. As it it now, half the country doesn`t pay federal income taxes and all they think they have to do is fly the flag and donate a pint of blood, but if they fill up their gas tank and it costs $20 more each time because of a war, they`d get tired of it real quick
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Re: Very concerned
SW - What information publication does the number 5 X for electricity come from ??
and the rest of the world do our work - ? ? ?
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Re: Very concerned
there is no fool worse than a purposed fool
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Re: Very concerned
For many years, oil had a "depletion allowance" in addition to well development costs. That was a direct subsidy. I haven't looked into tax law if that is ongoing.
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Re: Very concerned
In my home town, people were calling Obama, that Ni&*er who should be shot. Mitch McConnell vowed that Obama would be a one term President, and said every inititiative would be opposed. They voted to repeal Obamacare over 60 times. Nah, there was no rioting in the streets, just plain old cussedness and racially charged speech. That resulted in the stand still government for the last 8 years.
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Re: Very concerned
I suppose the oil companies would have gotten their billions either way. Just like farm subsidies ultimately mostly benefit the landowner, fuel subsidies benefit the consumer. Thinking about it, farm subsidies mostly benefit the consumer too.
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Re: Very concerned
K-289, my electric bill...... I pay about 12 cents and elcheapo quoted 65 cents for solar ''..
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Re: Very concerned
The rest of the world do our work?? this may wander a little bit.
How can that not be obvious we outsource nearly everything and if we can't we bring in folks to do the work.
Lets start with most everything at walmart..... gets built where? almost all ..... Then there is clothing........ where does most of the "classy" stuff we wear get made? .total sarcasm................ The vehicles parked in my yard are partially at the least made outside the US......... Lets see how about this computer and my cell phone...... where are they made....
We even hire someone else to make our collection calls...... that is the height of laziness.... down the road here they are pouring concrete and framing a house.... want to guess how many second generation US citizens are in those work crews? Then there are the majority of combines running the harvest on the high plains.... Are americans in the majority on those harvest crews??
I promise I won't walk you down the isle of my grocery store but even the ritz cracker I am eating now was made in mexico.
I got a survey call about 30 minutes ago ........ outsourced caller for a industrial survey by a US company.
I live next to national beef..... immigrants cut our beef, drive the trucks.........
for 20+ years we been building irrigation systems with crews made up of young mennonite mexicans ---- because they have a great work ethic.
If we need grain for the livestock on the east coast we hire the Argentines to raise it. That freight from the dakotas where corn is cheaper is too expensive.
It just appears that we will get someone else to do it if it needs done....... Like getting the chinese to improve the panama canal...
Even this drone I am going to use to annoy my sons cows wasn't made here. And the manuel that tells me how to opperate it wasn't printed there.
We come up with an idea or two, but somebody else always has to do the work... Then we hire somebody else to do the marketing.... and distribution.... so the drone will sell itself and we don't have to do any work.
Sooner or later the US is going be the product of downsizing by the rest of the world... Those expensive idea people always reach a point where they are expendable...
But the world will always need the ones who do the work.
Here is the real dilema for the federal government
Is facebook a product or an addiction....? Even this empty bucket of production from idea people activity goes elsewhere to launder its money. They won't even carry their share of the "social network"
All users outside of the US and Canada have a contract with Facebook's Irish subsidiary "Facebook Ireland Limited". This allows Facebook to avoid US taxes for all users in Europe, Asia, Australia, Africa and South America. Facebook is making use of the Double Irish arrangement which allows it to pay just about 2–3% corporation tax on all international revenue.
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Re: Very concerned
Many subsidies mostly benefit the agencies responsible for administering them, just an opinion.