Image credit: Treehugger.com
This morning, President Obama used his bully pulpit to call for an end to the very tax subsidies for American oil companies that he supported as a Congressman. Why he supported them in the first place is, umm, unclear, but whatever. He doesn't now, and that's what counts.
Just what is this subsidy, you ask? It is defined as, "any government action that lowers the cost of fossil fuel energy production, raises the price received by energy producers or lowers the price paid by energy consumers."
You bet we ought to end these subsidies. Who could disagree with Obama on this point? (Besides the goofy guy below. Watch the video for a good laugh!)
Of course we ought to cut into the profits of American oil producers. With gas prices nearing $5.00 per gallon, even my man-crush Rick Santelli agrees now is the time to go after the greedy bastards. Sure, gas prices will go up, but that's a good thing. Why, CBS reports that higher gas prices encourage tourism.
American oil exploration -- exploration that could lead to lower gas prices at the pump and energy independence -- can wait forever as far as I'm concerned.
In other news, Apple is raking in obscene profits by arbitraging its labor costs using Chinese workers. The tragic number of American jobs lost by this strategy simply cannot be measured.
But we do know that Apple makes more profit, per employee, than any oil company. More than Google, even! $400,000.00 per employee, per year, is what Apple rakes in. But do you think those Apple employees are seeing that profit in their paychecks? Hell no. You and I are enjoying these profits in the form of lower prices for ipads and such, and that makes me feel bad.
Autism is hugely on the rise, it was reported today, and as a mother, I can't help but wonder whether there's a connection between our children's increasing use of Apple products and the marked increase in autism.
So what if Mike Daisey was lying about Apple? He had to lie to make his point and a damn good point he made, however untrue it was. Besides, it's not like good old capitalist Apple is grateful to America or anything. Said an Apple spokesperson:
"We sell iPhones in over a hundred countries. We don’t have an obligation to solve America’s problems. Our only obligation is making the best product possible.”Speaking of obligations, just weeks after Treyvon Martin was killed, a 13-year old white boy was doused with gasoline by two black boys who followed him home from school. When the boy reached his front porch, the two black boys set him on fire with a Bic lighter, saying "You get what you deserve, white boy."
Curiously, the story didn't get much coverage in the main stream press. But at least our nation's leaders, both black and white, agree that any injury to any child, even if that child is white, deserves and receives the same level of concern and soul-searching.
Accordingly, we, as a united nation, look forward to hearing President Obama's call for higher corporate taxes on Apple's record profits and his outrage over the hateful, racially-motivated attack against a helpless 13-year old child.
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