“Price
Controls”
There, I said them, the two ugliest words in
our free market, capitalist society. You
won’t hear them on your cable news, be you a Republican lemming or a Democrat
lemming. The folks that control your
fuel supply and its price work for their shareholders, not the public. No matter what the price at the pumps, you
are not to say or think those words “price
controls”. We have many times gone
to war for American Oil Companies, so why would we complain about greed driven
inflation? America is not experiencing a
fuel shortage. At least the last two
administrations have claimed that we are no longer oil dependent on other nations. The price is being raised for excessive
profits, not in response to a war in the Ukraine. What can Joe Biden do? Nothing, without your “representatives”
acting as your representatives and employing price controls.
So why doesn’t your government take action to
prevent you from being slaughtered at the pumps? There are two reasons. One, your representatives don’t represent
you. They represent large dollar
interests. Two, in an imaginary world
where they did employ price controls on oil, the oil companies would cut
supplies and you would be waiting in line, on your knees, to beg for a few
gallons of gas. The oil would be going
to Europe where there is a shortage and no price controls. Have you ever noticed that the proposed
Keystone Pipeline ends at a port in New Orleans? That is the pipeline claimed to make us oil
independent.
Is there a solution? Not an easy one. It is time to treat fuel that gets you to
work and your food to the market as a utility.
And, it is time to nationalize
any utility or other natural monopoly.
Yes, your government needs to serve you.
With greed growing grotesque in our nation, we need to return to
reason. The excess profit motive is
rotting the nation from within. Any
increase in minimum wages will result in inflation beyond the benefit of the
wage increase. Corporations will do this
… because they can.
Cheers, Old Buz 6/15/2022
