Posted by
Sapper on Wednesday, May 21, 2008 3:42:10 PM
(Liberal Senator Patrick Leahy gives lesson on economics to Oil Exec's)
Washington - The Democrat controlled Congress has come up with a solution to higher oil prices - RAISE TAXES on Oil Companies. Yes, folks, that's right, instead of encouraging companies to produce more (ahem, ANWR anyone?) in a supply crunch that has consumers wincing at the pumps and paying more for just about everything these days, they feel the solution to our high oil prices and dwindling supplies is to
tax the Bajeesus out of "Big Oil".
Nevermind that this strategy HAS NEVER WORKED. It leaves us with that warm and fuzzy feeling that Oil Companies will have to cut their dividends to investors like Al Gore, for example, who were wise enough to invest in Petrolium futures.
And if that doesn't work, we can
sue OPEC.
Stand by for more brilliant ideas from the Congress. I wonder if they will next try to cure athelete's foot with a .45 caliber pistol.