Everytime something happens around the middle east, or there is a big storm that strikes a major oil refining or exporting place in the world everyone always frets about rising gas prices. Now politicians are once again talking about the high gas prices, and punishing those evil corporations for making a profit. All the fuss made by the government over gas prices is pretty ridiculous when you consider that the government makes more money per gallon of gas sold than the oil companies do.

In 2004 major oil companies in the United States made 42.6 billion dollars in profit, now sure it sounds like a boat load of money, and it sure as hell would make them look as if they were involved in price gouging since the price of gas is so high... At least it seems that way until you look at how much the government made off the oil companies in 2004, if your curious the number is 58.4 billion dollars in tax revenue off the companies.

Hmmmm, maybe the government should ensure lower gas prices by first giving up their stake in the oil industry by lowering the taxes on the oil companies. Maybe if companies like Shell wouldn't have to set the price so high to make a profit if they weren't being forced to pay an 18 cent per gallon federal gasoline tax, and a state gasoline tax that in some states is as high as 32 cents per gallon sold. Maybe if they weren't forced to pay so much in taxes they would be able to charge less to still turn a profit.

If you tax it you get less, if you subsidize it you get more, the less government taxation there is in the free market, the lower the prices will be.

 

Hezbullah launches rockets into Israel directly targeting civilians, Hamas or other "palestinian" groups kidnap Israeli soldiers and demand more concessions in response. Israel responds with air strikes and troop movements to look for their kidnapped, and to protect their civilians.

In last summers war with Hezbullah the Israeli Defense Forces went into southern Lebanon, and tanks went into the Gaza strip looking for a kidnapped soldier, and trying to put a stop to Hezbullahs attacks on Israeli civilians. In that war as with any conflict involving Israel those on the left began to scream cycle of violence cycle of violence. But when a terror group robs a bank and fires at Lebanese armed forces, and Lebanon decides to go into a Palestinian camp known as Nahr Al Bared then its looked at with open arms, and is not confronted with near the amount negativity as there is anytime that Israel decides to do something about a terrorist group which threatens its civilians. Never mind that Fatah Al Islam's bank robbery comes nowhere close to comparing to the brutality that is inflicted on innocent Israelis, but none the less, Israel is looked upon as the bad guy in any conflict no matter what is done to them.

Dont get me wrong, im all for the LAF going out and taking action against terror groups that seek refuge in "palestinian" refugee camps, I just think its totally ridiculous Israel gets condemned for taking action like the LAF has taken, especially when Israeli civilians are under a much greater threat, and take much greater losses due to terrorist attacks than Lebanon has.
 

I'm back, back to the old blog to spout of my views once again. I had to back off for a while because of the amount of studying I was having to do in order to become an analyst, but that is over now, and things will now resume as usual... only with alot more intellect than was previously used

My views on alot of things have changed, however the core beliefs I have always had have stuck in my head like they always will for the rest of my life. I look foreword to confronting a new crowd of loony tunes much like I did almost a year ago on here. Like before ill pay most attention to matters overseas, and matters involving the military, but ill occasionally jump into domestic debates that are often occurring like taxes and government getting into waters that it has no right to be in.

First post back will go up sometime this afternoon, and after that its on.