Gloom
On Jun 18, 10:09 am, Larry Dighera wrote:
As long as the government continues to subsidize profiteering oil
companies, and fails to impose a windfall profits tax and/or price
controls as was done in the '70s, the cost of living will increase in
proportion to the obscene oilmens' profits. And don't forget, that
our government is letting our currency, the US dollar, continue its
plunge in value, thus further reducing the purchasing power of US
workers. So while baby Bush and the sheiks hug and kiss, the American
populace loses ground on the financial front, and Halliburton moves to
Dubai to escape taxation on their non-competitive government contract
profits.
Oh great. Price controls. So now I won't be able to buy avgas at ANY
price. My bird has short enough legs without having to ferry gas too.
bdl
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