Phony Mailers From Tobacco and Oil Companies

In California two of the several propositions are to tax oil companies to fund research into alternative energy and to tax cigarettes to pay for health care.
So the tobacco and oil companies have paid for a flier that has been mailed to registered Democrats telling them that the Democratic Party opposes those propositions. AP Wire | Democrats angry over flier suggesting they oppose oil tax measure.

Leading Democrats joined supporters of Proposition 87, an initiative seeking to fund alternative fuel research by taxing instate oil production, to publicly distance the party from the flier, which was mailed to 4.2 million households.
The so-called Voter Information Guide for Democrats endorses Democratic candidates running for statewide offices. But it also urges voters to defeat the oil tax measure and another initiative seeking to boost taxes on cigarettes to fund health programs. Both initiatives are supported by the California Democratic Party.

I’ll bet that things like this are happening all across the country. It is time to put corporate executives in jail for things like this. And it is time to get corporations OUT of our politics.

The Cost of Energy Use

Suppose the price of energy reflected its cost? It seems that the way we all make money is to extract oil and avoid the cost of using it. Almost everything in our economy involves applying energy to something. The “profit” we live off of seems to come from passing along the costs to the future.
I’m talking about global warming mostly, the cost of putting CO2 into the air. Nuclear energy costs a lot but that cost is really just the expense of containing the radioactivity — we pay that cost today but we don’t really have to. Nuclear would be cheap if we didn’t pay for shielding and cooling towers and just released the radioactivity into the air, the way we currently release CO2 into the air.
Suppose there was a law that said for every part CO2 you put into the atmosphere, you have to take out 3 parts? The PRICE of a oil or coal would then reflect the COST of so may years of putting CO2 in the air… but the climate change problem would start getting better. Imagine purchasing big solar-panel-powered machines that extract carbon from CO2…

Price and Cost

The price of something should reflect the cost. Right? If something costs very little, its price should be low. If something costs a lot, its price should be high.
Have you ever encountered something where the price had an inverse relationship to the cost?

Continue reading