Tuesday, November 12, 2013

Subsidizing the Wealthy, Democratically

IF YOU DO A LITTLE RESEARCH, you discover that there is a vast array of help given to the oil industry by the United States government. The government confiscates money from working and middle class people, and gives it to the big five oil-fuel companies, Exxon, Chevron, you know the ones. For information on this, just google "federal government subsidies for oil companies". It works like this; politicians run for office, and get money from the oil-fuel companies, (we call them "oil" companies, actually they are 'fuel' companies, since fuel is the product being sold), money with which to purchase political advertising, which wins elections. Once in office, the politicians vote to give subsidies to the companies whose money purchased the political office. Senator, Representative, & President, all poltiicians play this game, its the only game in town. The politicains assure us that these subsidies are in the best interests of the comsumers, because by helping lower the cost of production, the cost of the final product is reduced. The specific subsidies given are many and varied; tax credits, outright research and development grants, etc. American democracy at work, in our beloved corporate oligarchy! Anyone who truly believes that lowring fuel prices for millions of consumers is either the intent or the result of federal subsidies to huge corporations, may I offer you a deal on some land in southern Florida? Political momemtum to end all these corporate welfare give aways is building; Exxon and its sister corporations are all big enough now to pay for their own research and development, and still make a tidy profit. Keeping prices down will have to be a matter of corporate conspiracy, like keeping prices up already is a matter of corporate conspiracy, becasue free market forces simply are not at work, and can never be at work, in an industry owned and controlled entirely by a group of five big businesses, with the exact same interests, working closely together. Why should they bother to compete, when they can work together for their mutual benefit? If the tax paying workers of the world could cooperate as well as their masters, the world would be a far more cooperative place, and maybe just a bit more democratic.

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