Wednesday, November 9, 2005

Congress is full of idiots.

Example A

Congress believes that oil companies have enjoyed unreasonably high profits.


In reality, oil companies have invested billions and billions in their capital assets. Why did they do this? They expected to make money. Did the government invest billions? No, but they want to take the money earned by big oil and reinvestment in what? In social security? Oh boy, that's a great idea. Lets take money from a profitable part of the economy and sink it into a black hole. Here's a clue for you Congress... stop spending so much freaking money. Thats the answer. The answer is not to take money from people who have it and redistribute it to people who don't. That's called socialism and it just doesn't work.

Why are rich people rich? Generally because they've worked their butts off for it. Are there idiots like Paris Hilton who fall into it? Yes, but I can guarantee that somewhere in the Hilton clan was someone busting their ass. The rich drive the economy. They supply the jobs. They pay the taxes. Taking their money to give it to a government that throws good money after bad is just about the worst possible idea ever.

Now I'm just rambling, but the moral of the story is that people who make money are not evil. They are good at what they do. People who are good at what they do should not be penalized because they're better at it than other people.

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