Wednesday, February 18, 2009
Gasoline and Stimulus
The oil refineries are cutting back production so they can raise the price of gasoline, increase their obscene profits and put extra burden on the already overwhelmed consumer. Something is rotten in Denmark. We will continue to drive less, not buy new automobiles and continue to bailout the auto industry forever because the consumer will not purchase new vehicles when the price of gasoline becomes obscene again as we continue to get ripped off. I don’t believe in government getting involved in industry of any type unless the public is being taken for a ride as is presently happening. Gasoline should be below $1.50 a gallon. Lower prices will help spur our economy in all areas. But I guess, we can just continue to put together a Stimulus package that we cannot afford and our great grandchildren will have to repay which is doubtful. This great country is heading down a path of no return. For those of us over 60 years of age, we are lucky since we will not see this great country’s demised at the hands of big spending socialist. Pouring money into a problem has never solved it. Pouring money into hands of the taxpayers will resolve our present fiscal crisis. Give us the money to spend and we will see a reverse of the ripple effect that has caused the downturn in our economic demise. Give the money to government to decide how to spend it and we will see political payoffs and no economic stimulus that many expect.
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