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The "holiday" is NOT just a political gimmick --------------> It's THEFT.

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DeadElephant_ORG Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 02:15 PM
Original message
The "holiday" is NOT just a political gimmick --------------> It's THEFT.


Basic economics: The price of any commodity, such as gas, is determined by supply relative to demand. The "holiday" does nothing to affect supply, and will INCREASE demand. Gas will suddenly be 18 cents cheaper, and in the spirit of a "holiday", people will buy more gas. The price will immediately rebound. The only thing that will have changed is that the 18 cents will go into the oil company pockets rather than into our treasury.

The "holiday" is NOT just a political gimmick. It is yet another proposal to raid the national treasury for BIG OIL by two corporatist politicians.

I would appreciate it if any Clinton supporters here (or McCain supporters) would explain to us what is wrong with that analysis.


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Proud_Lefty Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 02:43 PM
Response to Original message
1. Thanks for bringing this up
I've been thinking the same thing over the past few days. Why can't this percentage come out of the oil companies' profits. It can't be any clearer that they have been completely raping our country over the past 8 years. Why out of the treasury instead? Isn't it time to break away from the Bush policies completely?
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Exilednight Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 02:44 PM
Response to Original message
2. Here's the part that McCain, errr I mean Hillary isn't telling you.......
She says she will tax the windfall profits from oil companies, but she doesn't tell you that the oil company is going to pass that tax on to the consumer. There is no savings, and the tax still exists. The difference isn't in who pays it, because YOU will pay for it at the pump, the difference is who turns YOUR money over to the government.

Take away the 18 cents at the pump and raise the price 18 cents a gallon at the corporate headquarters.
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Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 03:41 PM
Response to Reply #2
3. And the windfall tax part will mysteriously disappear
from the final legislation. If it manages to stay in, it will be stuffed with loopholes that will permit the junior level accountant-interns at Big Oil to construct the proper mechanisms for avoidance.
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DeadElephant_ORG Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 04:02 PM
Response to Original message
4. Almost 2 hours since posted... And no one has dared defend Hillary on this. n/t
Edited on Sat May-03-08 04:03 PM by DeadElephant_ORG
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mikiturner Donating Member (581 posts) Send PM | Profile | Ignore Sat May-03-08 04:06 PM
Response to Reply #4
6. There is no defense
And they know it.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat May-03-08 04:05 PM
Response to Original message
5. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
bunnies Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 04:09 PM
Response to Original message
7. Where are all the loyal Clintonists on this?
Suspiciously silent. Wonder why?
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IntravenousDemilo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 04:27 PM
Response to Reply #7
9. Funny, I was just thinking the same thing. The deafening silence is interrupted only by crickets. nm
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 04:15 PM
Response to Original message
8. Mrs. Smith.. you have cancer... but hey I'm really worried about that hangnail on your pinkie finger
Edited on Sat May-03-08 04:15 PM by SoCalDem
let's tend to that right away.. we'll talk about that icky "cancer thing" some other time.
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iamthebandfanman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 04:29 PM
Response to Original message
10. Hillary is following basic conservative wisdom...
if theres a problem...

throw a tax cut at it! yay!

there really should be a law against preying on the ignorant people of this country by using their wallets as a bribe.
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MindMatter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 05:08 PM
Response to Original message
11. And if you simply make the oil companies pay the tax
What, exactly, do you think they will do?

Here's a clue. They will simply pass it on to the consumer as a price increase. Why? Because they can.

And why can they? Because a whole generation of politicians from both parties have failed to push the country forward to take leadership in energy efficiencies and technologies of the future. It is perhaps the greatest failure of leadership in the past 100 years. Clinton show us where she is in the issue. She is in favor of a little gimmick here and there that basically preserves the status quo without making any effort to actually deal with the root cause of the problem.
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DeadElephant_ORG Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 07:08 PM
Response to Original message
12. 5 hours, and 11 replies later... ... still no defense offered of Hillary's "bold proposal". n/t
Edited on Sat May-03-08 07:08 PM by DeadElephant_ORG
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AzDar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 07:26 PM
Response to Original message
13. Sums it up pretty well.
:thumbsup:

I'm not a Hillary supporter, but I am truly astonished that she's latching on to this terrible, terrible proposal.
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DeadElephant_ORG Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 10:35 PM
Response to Original message
14. 8 and a half hours. NOBODY comes to Hillary's defense. n/t
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slick8790 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 10:37 PM
Response to Reply #14
15. Hard to defend a cheap gimmick.
Especially when it can be debunked by anyone with even the most basic knowledge of economics
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TheDonkey Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 10:39 PM
Response to Original message
16. The holiday is one of the stupidest ploys ever since that "$200" rebate crap
talked about a year ago.
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TheDonkey Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 10:40 PM
Response to Reply #16
17. Is this one of those detailed and expert "solutions" that Hillary has for America?
if so we HAVE some problems. :puke:
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VolcanoJen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-04-08 01:10 PM
Response to Reply #16
24. I think it was a $100 rebate check they were proposing, actually
And it was in direct response to gas prices rising in 2006. It's one of the many miscalculations that doomed the GOP in the 2006 midterm elections.

What surprised me when Hillary came up with this pandering stunt is that she'd forgotten how mocked, embarrassed and humilitated the GOP was after first proposing that.
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tabasco Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 10:41 PM
Response to Original message
18. If the tax is justified,
a tax "holiday" is unjustified.
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DeadElephant_ORG Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-03-08 10:52 PM
Response to Original message
19. It only appeals to stupid people. If that makes me "elitist", so be it !
Edited on Sat May-03-08 10:53 PM by DeadElephant_ORG
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DeadElephant_ORG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-04-08 12:59 PM
Response to Original message
20. 24 hours. Still NOBODY stands up for Hillary ! n/t
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frickaline Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-04-08 01:05 PM
Response to Original message
21. The only defense I can give for this is
Edited on Sun May-04-08 01:16 PM by frickaline
the fact that there are hard working people living and losing check by check. Many people facing bankruptcy are looking for *anything* short term. A N Y T H I N G !

Now I'm not a Hillary supporter (though I'm not exactly against her either but I have been critical of her on this issue), but it does seem to me that there is a small argument there that could be made....by someone...that actually wanted to (which isn't me).

Does this hold up against the greater arguments against the tax holiday? Not in my opinion. But hey, I felt that this thread was getting a bit one-sided.
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DeadElephant_ORG Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-04-08 01:09 PM
Response to Reply #21
23. I appreciate your points. But "a little one-sided"? NO HILLARY DEFENDERS AT ALL.
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frickaline Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-04-08 01:10 PM
Response to Reply #23
25. haha yeah, understatement of the year I guess
Edited on Sun May-04-08 01:11 PM by frickaline
but honestly, the Hillary defenders aren't as prevalent on this board as the Obama defenders. Keep that in mind.
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Bensthename Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-04-08 01:07 PM
Response to Original message
22. She can show you polls showing people are for it. And oil lobbyist that say it is a good idea,,
Edited on Sun May-04-08 01:08 PM by Bensthename
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