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by douglaschick24 from Norfolk

Last Post 1 day, 9 hours Ago


 Oil Robber Barons -- Douglas ChickAt the gas pumps in this morning, I stare at the swiftly spinning dials, and the cycle of anger begins. Oil Robber Barons strike at the pumps again. I check out at the grocery store, Oil Robber Barons impact the food I eat. I come home and watch the nightly news, Oil Robber Barons, Oil Robber Barons, something about Hilary and Obama, Oil Robber Barons.

It is true that we are a capitalistic society, and our country enjoys the luxury of a free market, but when our economy is driven by Oil Robber Barons, where is the line between a free market society and out of control greed?

The countries that regulate thier oil sales, have a stronger dollar then the U.S. (They are financially stronger than the United States.) Why, because they know their economy is based off the cost of fuel. Do we need the same regulations to protect our country, or do we allow Oil Robber Barons to drive down America until we are a weak, over inflated, hollow country, dependant on the generosity of other nations? 

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linecrosser read my blog
May 8, 2008 | 12:47 PM

It's my understanding that oil companies make a profit of around 10% while other companies would feel shame if the only made 10%. I think the problem is they sell a need, the know we'll have to pay what every they charge. Their product influences the price of everything else, and that is just part of the inflation cycle. The last part of the inflation cycle is when companies begin to raise wages. They don't want to do that until they see what the rest of economy is doing, because wage increases can also cause a inflationary cycle when those who have the power to set prices what to get their own increase. Not meaning to sound like a communist but the bigger problem I see is wealth distribution. As the greedy rich folks try to out do their peers. Their power is their drug of choice and just like a junkie there never is enough to satisfy. We need to enforce all the white collar crimes and really jail these politicians and business leaders, let them grow some humility and compassion while going through cold turkey behind bars. TO READ ANY OF MY OTHER FANTASIES WILL COST $4.99 PER WORD. LOL while crying at the truth.

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douglaschick24

My name is Douglas Chick, author, computer engineer, and creator of www.TheNetworkAdministrat
or.com a popular website for computer people.

Member Since: 1/27/2008