Heh, good ol’ Kim:
“They hate mankind anyway.” Two legs bad!
Archive for Economics
Obama’s Two Great Advantages
Obama has two great powerhouses working for his team: Greed and Envy. These two guys are the only hope Obama has of winning the election, because sound ideas are not his strong point. Sure, he wants to “change” things. But he wants to “change” things in ways that have already been proven failures here and elsewhere. At most it represents “change” like in the old joke from World War I:
“Goods news men! Today we all get a change of underwear and socks. Johnson, change with Smith, Jones, change with Franklin……”
Yes, Big Oil made something like $80 billion in profits in the last year. And their profit margin was what? Nine percent or so? That is not a great investment considering what you can get out of a decent S&P indexed mutual fund. And if you cannot understand the difference between a profit and a profit margin, and why it means that Big Oil is not unfairly profiting, then you either need to study more, or you are an idiot. If you think that Big Oil is making too much money then invest in Big Oil stock. Otherwise keep your greed to yourself.
The Wedding Of Big Business And Government
The conservative message in WALL-E is the dangers of monopolies and the blurring of the line between government and corporations. Into the breach of government failure to monitor the bottom line, and corporate ability to provide real solutions to problems, comes Buy N Large. From the BnL World News in the Politics category:
Mr. Fu awaits the premiere of the Wayland-Yutani and Blue Sun corporate web sites. Additional ideas from BnL:
Sacrifice and Service
The man who produces while others dispose of his product is a slave.
I do not agree with everything Ayn Rand ever said, but she could smell a Commie ten miles off. This has that certain communist stink about it:
An Obama campaign theme is that more Americans need to sacrifice for neighborhood and country.
He has put out a $3.5-billion plan? Is this his money he is talking about using? No, it is yours. You are the one that gets to sacrifice for his plan, at the point of a gun.
Americans are plenty generous and giving. We do not need someone dictating to us where our charitable dollars should go. Reduce our tax burden and our increased charitable contributions will support our neighborhoods and country without the Federal government taking their very inefficient cut off the top.
What They Do To One
They can do to another. If they can tax “obscene” profits from a legally operating corporation and define what an “obscene” profit margin is, then they can decide your profits are “obscene” as well. If you think Big Oil is making too much money, then you need to look at the outlays required to operate in that market. If American oil companies control five percent of the world supply I would be surprised. If you think Big Oil is making too much money, get an education, look at some numbers, and learn a little about economics.
Taxing Big Oil profits would be bad
Many companies exceed big oil’s profit margins
Windfall Profits Tax?
An interesting bit in the Houston Chronicle, seems both McCain and Obama are looking to cash in on oil prices. Only problem is, just like last time when that pet killer Jimmy Carter championed a windfall profits tax, the tax kill kill the golden goose.
This is America, and there is a solution to “obscene” corporate profits, buy their stock! If they are making so much money and really have such great profit margins, then by all means invest and carry some of that profit home. But do not expect that you will see a dime of that money if you let the government tax that corporation. The end result will be the end of the “obscene” profit by crippling the corporation, costing more American jobs and general price increases.
A Long Time Coming
SLAPSHOT digs up a doozy, the first oil refinery to be built in the United States of American since 1976 has passed zoning a vote in Union County, South Dakota. The measure passed 58% for to 42% against. The Save Union County (interesting ACRONYM, SUC!) group which opposes the refinery promises regulatory delays and lawsuits.
While Mr. Fu sympathizes with the complaints of some of the citizens, the question remains, who is going to get the refineries? This is like an upscaled water treatment plant, we need them but very few people want them in their back yard. But something will be done in this country to fix the price of high gasoline. The short term answer is domestic production and refining. Mr. Fu is willing to bet the same people opposing this refinery have complained about the high price of gasoline and diesel fuel. That is irony.
There are complaints about the smell, one comment is,“Ever drive through the oil country in Kansas, Oklahoma, or Texas? The smell is very strong.” Ah, wow, you live in like South Dakota, not like there are not feed lots in South Dakota, and they smell just as bad or worse.
Mr. Fu suspects that even if they were talking about putting in a melt-down proof, non-smelling, non-polluting, non-radioactive emitting nuclear power plant that these same people would complain. There are always complainers and always some reason not to do something that is of benefit. As some British politician quoted some poet regarding the attitudes of some liberal, “The dogs bark, but the caravan moves on.”
The Earth Is Frozen, Our Resources Used Up
Doom and gloom, Walter Williams covers some of the history of doomsday predictions.
War For Oil
After Mr. Fu stopped to fill up his tank this morning, he is thinking that a war for oil would be a good idea about now. If the Bush Administration had only listened to LT COL ROCK STARBUSTER we would not be paying more than $30 for a barrel of oil right now.
A Lawyer To Like
Kurt Denke, the president of Blue Jeans Cable responds to a cease and desist by Monster Cable. The result is one of the most enlightening and humorous bit of legalese it has ever been Mr. Fu’s pleasure to read. This is how you respond to a legal bully:
Mr. Fu suggests you shop at Blue Jeans Cable just to support free enterprise and fair dealing.
Replacing Illegal Aliens Legally
With robots, the obvious solution! If it works in Japan it can work here.
Reconquistas and the People Who Don’t Like Them
And many of them are Latinos!
Absolut runs this ad in a Mexican magazine:
And then some idiot applies commentary:
Fortunately there was some great response to this commentary:
Then the short and sweet response:
Thanks to Kim for the ultimate link in the chain.
Wal-Mart v. U.S. Politicians
Frankly, they ought to sue. Wal-Mart works when bureaucracies do not.
Government is always there. You may not like the clowns in office, and you can organize and vote them out. But then you have a new set of clowns in the same government positions with the same potential for abuse. And as rare as a kerosene cat in hell with gasoline drawers on that actually wants less power and wants to reduce the size of government with it.
But you organize against Wal-Mart they are either going to change or they are going to get out. They cannot live without people who are willing to deal with them. Try that with a politician, and they would thank Baal that you are leaving them alone to get on with their pilfering.
