Tuesday, May 13, 2008

High gas prices: Your Congressional Democrats in action

IBD is on the case.

Noteworthy:


"So were Democrats and members of Congress together merely short-sighted, with only a few having any real business experience?

Or were they just ignorant about economics — the fact that the law of supply and demand determines the price of all commodities such as oil, steel, copper and lumber?

Or were they simply and utterly irresponsible and incompetent in their actions that led us to become dangerously dependent on increasing oil imports from foreign countries?

We think it was 'all of the above.'"


.....and:


"Do those now in Congress really think Middle America's voters are so gullible that they will believe that its latest best and brightest answer to increasing our supply of oil and gas is to slap a 25% windfall penalty tax on oil companies and remove all other incentives for oil companies to drill and explore for oil?"

Yes, they probably do.

Especially given the record of the current Democrat Congress.

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