May Your Chains Set Lightly Upon You

Gas Price Spike Act of 2012 or: Keystone Cops Part 2

Maxine Waters‘ Communist utopia dream is coming true. Straight out of the Ayn Rand novel, Atlas Shrugged; the Gas Price Spike Act of 2012 or: H. R. 3784, was introduced to the 112th Congress 2d session.

The bill is a perfect complement to the President’s decision yesterday to not approve the Keystone XL project. This bill is more proof that the government is not committed to American jobs and energy. The government, in my opinion, will not be satisfied until we are riding horses on dirt roads again.

The purpose of the bill is, “to impose a windfall profit tax on oil and natural gas (and products thereof).” This is a tax imposed on profits deemed unreasonable, (up to 100%!) to be paid by the seller.

Let’s talk about some basic economics that I learned as a child in junior high school. Businesses do not pay taxes! In any business that is competently managed; all overhead is included in the price of the product or service! If the cost of doing business goes up, i.e., an increase in taxes; that cost is passed down to the consumer! I’m sorry for all the exclamation points. I need some way to get your attention. I wanted to use all CAPS, but that would have been too annoying. I’m exasperated with trying to get people to understand this. How is it that I’ve known this since junior high school, but adults who are college graduates and run this country can’t understand these fundamental concepts? All the Representatives named on this bill are college graduates. Most have Masters degrees. Some are PhD’s. One has a Bachelors in business! I’m sure they all  had to take at least economics 101 to graduate.

I'm sure they are not ignorant. I'm sure they are Communists!

This is a tax to be imposed on profits from the sales of oil, natural gas, and products thereof, up to ONE HUNDRED PERCENT! Hopefully you all understand now that the 100% tax will be passed on to you, the consumer. I wrote yesterday that petroleum is much more than gas and oil for cars. Petroleum is used in almost EVERYTHING! Think about the products that you need to use that help to keep you alive. Now think about paying at least double what you now pay for those items. Are you ready to call some Representatives now?

What are reasonable profits? Reasonable profits will be decided by the Reasonable Profits Board. The President will appoint three people whose only qualifications are to not be financially vested in the industries they will be judging. The bill provides them money for travel expenses. I hope they know how to ride horses. The bill provides for the Boards’ pay, but doesn’t appoint another Board to decide if the Boards’ pay is reasonable. The bill allows the Director of the Board to hire cronies of the Board and pay them any amount they deem reasonable.

Today it’s the oil companies. Who will be next? Are you going to wait to see what industry is next? Do you want to wait to see if they come after your livelihood next, or are you ready to make some phone calls and write some letters?

Here is a list of the Representatives sponsoring this Communist piece of legislation:

Bob Filner:

2428 Rayburn House Office Building
Washington, DC 20515
Phone: (202) 225-8045
Fax: (202) 225-9073

Lynn Woolsey:

2263 Rayburn Building
Washington, DC 20515
Ph.: 202-225-5161
Fax: 202-225-5163
John Conyers, Jr.:

2426 Rayburn H.O.B.
Washington, DC 20515
Ph: 202-225-5126
Fax: 202-225-0072

Jim Langevin:

109 Cannon HOB
Washington, D.C. 20515
Phone: (202) 225-2735
Fax: (202) 225-5976

Dennis J. Kucinich:

2445 Rayburn HOB
Washington, DC 20515

Phone (202)225-5871
Fax (202)225-5745

Marcia L. Fudge:

1019 Longworth House Office Building
Washington, D.C. 20515
Phone: (202) 225-7032
Fax: (202) 225-1339

Maxine Waters is not on the bill, but you should contact her anyway.

Maxine Waters:

2344 Rayburn House Office Building
Washington, DC 20515
Phone: (202) 225-2201
Fax: (202) 225-7854

Fellow Freedom Fighters: Contact these people and your own local Representatives. Let them know how you feel about this issue. Let them know that if they don’t honor their commitments to the Constitution; you will vote them out of office. Let’s hit them with the Free Market Forces!


3 responses

  1. Pingback: Disregard the Constabulary! « The Freedom Fighter

  2. Pingback: If We’re Losing the Information War, Then Someone Is Winning It « The Freedom Fighter

  3. i love your blog, i have it in my rss reader and always like new things coming up from it.

    January 23, 2012 at 07:28

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