Republicans Want to Curb Capitalism

Republicans in Congress are looking for ways to curb capitalism, at least in one industry. It seems capitalism is cool until it hurts you at the polls. The problem is rising gas prices. As the prices go up, Republican popularity goes down. I guess free enterprise isn't so free, is it fellas?

You've probably heard by now that Hastert and Frist are looking for ways to reduce gas prices before the summer surge hits. According to this Washington Post article, energy experts say it isn't that easy. While no quick fix is given, it does help explain an email sent by Walter Jones discussed yesterday in one of Anglico's diaries.

More on the flip side

It seems old Walt sent out a missive giving directions on conserving gas and saving money. Now we know why. There is no easy way to lower gas prices.

President Bush and congressional Republicans are under mounting public pressure to reduce gasoline prices, but they have few if any policy choices that would cut them over the next few months as family driving reaches its annual peak and as the midterm elections near.

Energy experts agree that almost everything that the president and Congress can do to increase gasoline supplies or trim demand would take years to implement. The few short-term options they have would do little to prevent the price of gasoline from reaching a national average of about $3.25 a gallon this summer.

"This is a long-lead-time business; the investment horizon is five, 10 or 20 years," said Daniel Yergin, chairman of the consulting firm Cambridge Energy Research Associates. "There's no switch to pull."

This just stinks. There are many reasons why my family will be hurt by rising gas prices - just like most other families - but I'm going to look on the bright side. My wallet may be thinner now, but the possible payout at the polls in November will be worth it.

Are the Republicans accusing Democrats of politicizing this? Of course, they are. Are Democrats politicizing this? They damned well better be! They also had better come up with some solutions. One they already have on the table is the windfall-profits tax. According to the article, even Arlen Spector admits this is an option.

It will be entertaining to see Republicans tap dance around their unrelenting love for free enterprise as it inhibits their ability to win votes in the fall. It will also be interesting to see how many ways they find to blame this on the Democrats, because as you know, Republicans have a hard time accepting responsibility for A.N.Y.T.H.I.N.G.

Comments

I wrote a much better post

but it was eaten when I tried to preview it. Sorry bout that...

Oh...and I really have no problem with most aspects of capitalism / free enterprise. As with most other things moderation is the key.



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Vote Democratic! The ass you save may be your own.

Moderation?

You mus' be a commie, girl. THE FREE MARKET CAN DO NO WRONG.

I don't believe it.

Every year the gas prices rise and then conveniently drop back to a new high before the election. And, in each of the last couple elections it has made no difference.

Jesus Swept ticked me off. Too short. I loved the characters and then POOF it was over.
-me

Well...they rise to a new high

for summer demand....then conveniently fall for the GOP elections....I think this year could be a tad different...or they could be setting us up. You know the old...lets make it look really hard so we can trumpet our success when the gas prices lower naturally after summer....that old trick.



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Vote Democratic! The ass you save may be your own.

Ahhh Bush's big fix

The President is going to halt deposits to strategic oil reserves to increase supply. OK....That will take a couple of pennies off the price.

I also noticed in the WaPo article that there isn't serious discussion about reducing or eliminating the federal tax on gasoline. Heh...so there is a tax the Republicans like afterall.



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Vote Democratic! The ass you save may be your own.

Bingo

I say we beat them to the punch. You know they are going to propose this and then smash us with ads of families that can't afford to drive anywhere. "Democrats want to punish you at the pumps. Vote for Republican Values - vote to do away with the gas tax."

F**k them. Let's do it ourselves, let's propose cutting the gas tax completely and shifting the tax burden onto gas guzzlers or the wealthy. I know, this is the perfect time to do away with capital gains.

"Republicans don't want to do away with the gas tax. They would rather have billionaries like Donald Trump and party girls like Paris Hilton get mega-refunds than for American families to have a break at the pump."

Jesus Swept ticked me off. Too short. I loved the characters and then POOF it was over.
-me

Without any thought to ramifications

That sure sounds good! I drive a gas guzzler, though it wasn't supposed to be. It's a Highlander and when Toyota had to replace the engine (at their expense) it started getting horrible gas mileage. So, am I willing to curb driving or pay the price to do my part? You betcha. We have already talked to the girls about what happens in our family if gas goes over $3.50 - $4.00/gallon.

When 10 and 12 year olds have to accept that we might have to change schools or take fewer dance classes (both will involve long commutes once we move) with much higher gas prices AND they do so willingly, then I think a few billionaires can tack a few more dollars to their tax bills.



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Vote Democratic! The ass you save may be your own.

Five Words

Democratic Congress Windfall Profits Tax

I'll be damned....

a lot of the news channels have been praising the President's feeble attempts to lower gas prices. Our very own WBTV channel three quoted an energy expert saying the proposals would not make much of a difference in prices. I can't believe it.

....now...if The Charlotte Observer could...nah...it'll never happen.



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Vote Democratic! The ass you save may be your own.

Can you believe he's

blaming the local gas station owners? Asking states to get on price gouging.

Last month the AG in SC fined some Charlotte suburb gas stations $500 for charging $4.50 during katrina. Wow. They're all over it.

Still, how convenient to blame the local guys!