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	<title>Comments on: Corporate rule: Bad for everyone</title>
	<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/</link>
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	<pubDate>Fri, 10 Feb 2012 19:04:51 +0000</pubDate>
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		<title>by: Skankaholic</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505790</link>
		<pubDate>Thu, 03 Apr 2008 23:57:46 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505790</guid>
					<description>You know, prices would go down if we allowed more drilling. Since Congress won't allow it, it seems Congress ought to be asking about its role in the crisis.</description>
		<content:encoded><![CDATA[	<p>You know, prices would go down if we allowed more drilling. Since Congress won&#8217;t allow it, it seems Congress ought to be asking about its role in the crisis.
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		<title>by: Grammar RWA</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505482</link>
		<pubDate>Thu, 03 Apr 2008 05:17:28 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505482</guid>
					<description>We already pay taxes to subsidize oil companies. Why don't we cut out the intermediate and just run an oil company that is owned by the taxpayers?

&lt;blockquote&gt;But they are actually hurting their own interests with this voting habit, because the hyper-capitalism that claims to be “free market” (even though it’s about stomping out free entrance into the market and real competition) pits corporations against small businesses as much as against working people.&lt;/blockquote&gt;

If you hadn't just clarified that you were talking about the GOP it wouldn't have been obvious, unfortunately. </description>
		<content:encoded><![CDATA[	<p>We already pay taxes to subsidize oil companies. Why don&#8217;t we cut out the intermediate and just run an oil company that is owned by the taxpayers?</p>
	<blockquote><p>But they are actually hurting their own interests with this voting habit, because the hyper-capitalism that claims to be “free market” (even though it’s about stomping out free entrance into the market and real competition) pits corporations against small businesses as much as against working people.</p></blockquote>
	<p>If you hadn&#8217;t just clarified that you were talking about the GOP it wouldn&#8217;t have been obvious, unfortunately.
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		<title>by: Carl Rennie</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505461</link>
		<pubDate>Wed, 02 Apr 2008 23:45:08 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505461</guid>
					<description>&lt;blockquote&gt;
Which explains the enormous profit margins of domestic oil companies.

Wait, no, it doesn’t do that at all.
&lt;/blockquote&gt;

Yes, it does.  They're in partial control of a resource which hasn't gotten any more expensive to produce but has become much more in demand.  That means that the price gets set higher.  They could set the price lower, I suppose, but if they do that then you run into shortages.  This is extremely iintroductory economics.

The fact that large chunks of the world oil resources are controlled by governments that would like to see higher oil prices doesn't help, but again, that's not the companies' fault.  Yeah, their profits may be grotesque, but that's just how private control (or even public control) over a limited resource &lt;i&gt;works&lt;/i&gt;.  It's not like there are vast stores of oil that Exxon is sitting on to drive the price up.</description>
		<content:encoded><![CDATA[	<blockquote><p>
Which explains the enormous profit margins of domestic oil companies.</p>
	<p>Wait, no, it doesn’t do that at all.
</p></blockquote>
	<p>Yes, it does.  They&#8217;re in partial control of a resource which hasn&#8217;t gotten any more expensive to produce but has become much more in demand.  That means that the price gets set higher.  They could set the price lower, I suppose, but if they do that then you run into shortages.  This is extremely iintroductory economics.</p>
	<p>The fact that large chunks of the world oil resources are controlled by governments that would like to see higher oil prices doesn&#8217;t help, but again, that&#8217;s not the companies&#8217; fault.  Yeah, their profits may be grotesque, but that&#8217;s just how private control (or even public control) over a limited resource <i>works</i>.  It&#8217;s not like there are vast stores of oil that Exxon is sitting on to drive the price up.
</p>
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		<title>by: calvinhobbes</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505460</link>
		<pubDate>Wed, 02 Apr 2008 23:36:24 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505460</guid>
					<description>It's funny how this explosion of oil profits is not only not trickling down to the pump owners, it's also not trickling down to the refinery engineers/R&amp;amp;D people, and as a result a LOT of people who struggle through engineering curricula are struggling to find jobs to pay off student loans.

Refinery engineering still has one of the highest GPA bars of any job you can get with an engineering degree.</description>
		<content:encoded><![CDATA[	<p>It&#8217;s funny how this explosion of oil profits is not only not trickling down to the pump owners, it&#8217;s also not trickling down to the refinery engineers/R&amp;D people, and as a result a LOT of people who struggle through engineering curricula are struggling to find jobs to pay off student loans.</p>
	<p>Refinery engineering still has one of the highest GPA bars of any job you can get with an engineering degree.
</p>
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		<title>by: Dan</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505443</link>
		<pubDate>Wed, 02 Apr 2008 22:27:12 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505443</guid>
					<description>&lt;i&gt; just don’t think that the oil market is a very good example of corporate malfeasance; the current oil problems come from increased demand and exhaustion of easy oil, combined with a huge dose of international politics.&lt;/i&gt;

Which explains the enormous profit margins of domestic oil companies.

Wait, no, it doesn't do that at all.</description>
		<content:encoded><![CDATA[	<p><i> just don’t think that the oil market is a very good example of corporate malfeasance; the current oil problems come from increased demand and exhaustion of easy oil, combined with a huge dose of international politics.</i></p>
	<p>Which explains the enormous profit margins of domestic oil companies.</p>
	<p>Wait, no, it doesn&#8217;t do that at all.
</p>
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		<title>by: Phoenician in a time of Romans</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505433</link>
		<pubDate>Wed, 02 Apr 2008 21:18:34 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505433</guid>
					<description>&lt;i&gt;Who represents the working class in America?&lt;/i&gt;

The Mexican Government.

Few listen, though.</description>
		<content:encoded><![CDATA[	<p><i>Who represents the working class in America?</i></p>
	<p>The Mexican Government.</p>
	<p>Few listen, though.
</p>
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		<title>by: denelian</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505396</link>
		<pubDate>Wed, 02 Apr 2008 18:32:36 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505396</guid>
					<description>why the hell do most people think they are middle class???

how does one DEFINE middle class anymore,anyway???

but, from where i am sitting, there is VERY little middle class, and it keeps shrinking... shrinking...

gone.

</description>
		<content:encoded><![CDATA[	<p>why the hell do most people think they are middle class???</p>
	<p>how does one DEFINE middle class anymore,anyway???</p>
	<p>but, from where i am sitting, there is VERY little middle class, and it keeps shrinking&#8230; shrinking&#8230;</p>
	<p>gone.
</p>
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		<title>by: louise</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505370</link>
		<pubDate>Wed, 02 Apr 2008 16:40:30 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505370</guid>
					<description>Exactly the reasons why we routinely wait until the movies are out on DVD and rent, PinkyLeftBrain- then if we especially like, we'll buy the DVD. I think the last movie I saw in a theater was HP 3...</description>
		<content:encoded><![CDATA[	<p>Exactly the reasons why we routinely wait until the movies are out on DVD and rent, PinkyLeftBrain- then if we especially like, we&#8217;ll buy the DVD. I think the last movie I saw in a theater was HP 3&#8230;
</p>
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		<title>by: PinkyLeftBrain</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505366</link>
		<pubDate>Wed, 02 Apr 2008 16:31:18 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505366</guid>
					<description>Does this show what I think it does?

http://upload.wikimedia.org/wikipedia/en/e/e0/Income_Education_91_to_03.jpg

Heck-of-a-job Bush-tard...



Not even in the top 5%. Guess I better sell the Bentley...

Haw haw...

And that 'House in the Hamptons'...

Now wondering what drugs the guy was on...</description>
		<content:encoded><![CDATA[	<p>Does this show what I think it does?</p>
	<p><a href='http://upload.wikimedia.org/wikipedia/en/e/e0/Income_Education_91_to_03.jpg' rel='nofollow'>http://upload.wikimedia.org/wikipedia/en/e/e0/Income_Education_91_to_03.jpg</a></p>
	<p>Heck-of-a-job Bush-tard&#8230;</p>
	<p>Not even in the top 5%. Guess I better sell the Bentley&#8230;</p>
	<p>Haw haw&#8230;</p>
	<p>And that &#8216;House in the Hamptons&#8217;&#8230;</p>
	<p>Now wondering what drugs the guy was on&#8230;
</p>
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		<title>by: bekabot</title>
		<link>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505364</link>
		<pubDate>Wed, 02 Apr 2008 16:28:22 +0100</pubDate>
		<guid>http://pandagon.blogsome.com/2008/04/01/corporate-rule-bad-for-everyone/#comment-505364</guid>
					<description>&lt;blockquote&gt;American corporations are subject to American regulation.&lt;/blockquote&gt; 

Under the current administration American corporations are subject to regulation superintended, ultimately, by a President who is an ex-oilman, if not a terribly successful one, and by a Vice-President who's hand-in-glove with the energy interests and who's still on the payroll of a major contracting firm (though he's going to have to wait 'till he's out of office to collect his boodle).  IOW, what we're seeing now is the clearest imaginable illustration of what happens when a skulk of foxes inherits a henhouse.  I'd be willing to be subject to regulation too, if I could be sure that the people who were regulating me were my own true loyal thanes.  That would not be such an unpleasant prospect.  


&lt;blockquote&gt;Unless you’d advocate imposing it [cheaper gas] by military force.&lt;/blockquote&gt;

Now, now.  That was &lt;em&gt;their&lt;/em&gt; idea, not mine...and come to think of it, we didn't even come out of the deal with cheaper gas.  So I guess we're just effed over all the way 'round.</description>
		<content:encoded><![CDATA[	<blockquote><p>American corporations are subject to American regulation.</p></blockquote>
	<p>Under the current administration American corporations are subject to regulation superintended, ultimately, by a President who is an ex-oilman, if not a terribly successful one, and by a Vice-President who&#8217;s hand-in-glove with the energy interests and who&#8217;s still on the payroll of a major contracting firm (though he&#8217;s going to have to wait &#8217;till he&#8217;s out of office to collect his boodle).  IOW, what we&#8217;re seeing now is the clearest imaginable illustration of what happens when a skulk of foxes inherits a henhouse.  I&#8217;d be willing to be subject to regulation too, if I could be sure that the people who were regulating me were my own true loyal thanes.  That would not be such an unpleasant prospect.  </p>
	<blockquote><p>Unless you’d advocate imposing it [cheaper gas] by military force.</p></blockquote>
	<p>Now, now.  That was <em>their</em> idea, not mine&#8230;and come to think of it, we didn&#8217;t even come out of the deal with cheaper gas.  So I guess we&#8217;re just effed over all the way &#8217;round.
</p>
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