Government Incompetence

The media hype is all over the price of gasoline and the huge profits of the big oil companies. The facts are that the earnings of “big oil” are just under 10% while the taxes on oil are 17%.  Yet we don’t hear about government greed do we?

Seems  media hysteria is a bit one sided. We hear of subprime lenders exploiting the lenders while they in turn are going belly up and investors are in a free fall left holding the bag.  Those who should not have gambled in the real estate market to begin with cry to the government and soft-headed politicians put it to the taxpayers to fund the bailout. Incredible greed compounding a bad situation into a worst one!

Too many people are in  positions of responsibility and use their positions opportunistically for themselves. Teacher propagandize students, media slants the news and politicians sell out for votes instead of what is best in the tax payers  interest to get reelected.  The United Nations is anything but united and functions merely as a conduit to siphon off funds from wealthy countries doing little to nothing to promote democracy or pro market reforms. They waste billions funding corruption and little to saving “the children.”