Good Luck

Tell it like it is, brother!

How many f you fine gentlemen out there seen the movie “On Deadly Ground” with Steven Segal? When is enough money enough? The same translates here.

Chemical companies as a whole are constantly opening up new plants and those new plants are for the most part being openend in places like Saudi Arabia, Africa and the far east. It isn’t just tennis shoes and clothes that are moving to china. Fewer and few things such as plastics are being shipped from the USA to overseas companies. More and more those same grades of plastic are being shipped to the USA. Oil companies provide a huge finacial boost to this country. If they said good-bye and moved totally overseas this countrys way of life would be destroyed as they provide a huge portion of the taxes and support a huge number of families (huge employer).

It might sound nice to say things like ‘go after big oil’ with taxes and such. But to a large extent this country would be biting the hand that feeds it. It isn’t like ExxonMobil or Chevron NEED the USA… it is the other way around. What are we going to do when they say enough is enough we are moving our head quarters overseas and locking the gate on these plants.

No conspiracy here, just E/M fighting to keep them off the market. They will not license the technology they bought from GM for use in vehicle sized packs. They could be making a profit for their stockholders and allowing better vehicles to be built.

Those who think E/M will participate in the BEV development had best check the history.

It may feel like splitting hairs, but why is a company’s ASKING the gov’t for (unwarranted) perks not part of true capitalism? When I’m doing my shrinkery, I often need info from other agencies about what’s gone on to date with an individual. I know that it’s unethical for the other agencies to answer my questions. BUT there’s notihing unethical about me ASKING for the info. If they tell me something, it usually helps, but even if it didn’t help, the “blame” is on the party that released the info. Similarly, companies are well within their rights to ask the govt for our money. If the govt says “Sure, wait till I get the BIG shovel”, that’s not Exxon’s fault it’s the fault of the goofballs we elected to Congress.

Tag #31: If I came across as being envious of the profits made by anyone, then I was not clear in my wording. I am a complete believer of free enterprise and capitalism. What I do have a problem with is profitable companies asking for long term government subsidies and changes to the tax code when there is no real justification for it. That is not free enterprise or true capitalism. That is my main point of contention.

Milton Friedman said it much better. He called it “The Suicidal Impulses of the Business Community”

“A particular business will push government to act in that business’s interests to restrain its competitors. It may be wrapped in the noble purpose of giving healthcare to workers or saving jobs, but this is a push away from free markets.”

That sounds about right to me.

And sorry about hijacking the thread. But some of these things just need to be said.