Quote:
Originally posted by Sidd Finch
or another pro-free market, anti-government, economic and fiscal conservative Republican.
Can one of you please explain why, when the government is suffering record deficits and oil companies are enjoying record profits, scores of Repubs lined up to give federal subsidies to oil companies to build refineries?
Oh, yes, I know -- energy crisis and all that. But shouldn't the market take care of getting refineries built?
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Yes.
I disagree with subsidies to the private sector of any kind, including tax incentives that favour one industry over another, whether in the corporate, individual or death part of the tax code. I also disagree with pork politics whether practised by the Reps or demos. The only defence of it that I will make is that since we live in a world of government subsidies, market distorting tax incentives and pork, the oil industry should not be singled out as the one major economically crucial industry to be denied.
I have a close personal friend involved in making solar power more widely available and efficient for the masses to use for home energy needs. I pray to the babyjesuschristsuperstar that his company flourishes (I also wouldn't mind some family and friends shares in the IPO).
