Getting Serious About Rising Fuel Costs by Ron Paul for CNBC

[presence]

http://www.cnbc.com/id/46627092/

Ron Paul: Getting Serious About Rising Fuel Prices

Published by CNBC
Monday, 5 Mar 2012 | 2:42 PM ET
By: Ron Paul
U.S. Representative, Texas

"I will lead with a plan to lower prices,
minimize government intervention,
and restore a true free market.”

Ron Paul
US Representative, Texas

Our economy is wheel-based. From commercial trucks to construction equipment, passenger planes to freight rail, we depend on wheels.
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Because the effects of high gas prices are far-reaching for our economy, addressing this challenge must be a top priority for our next President.
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As a Congressman, I have proposed serious solutions, which, had they been enacted, would have avoided this mess without weakening environmental protections. If I am elected President, signing an authentic energy reform bill will be an early priority of my administration.
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Finally, and perhaps most importantly, my legislation requires the Secretary of the Treasury and the Federal Reserve to examine the relationship between our monetary system and higher fuel costs.
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I am the only one who has consistently worked to reform the Federal Reserve's destructive monetary policies, which every American is now paying for.

Not only is this a great article... I think the means of delivery is excellent: RP authoring pieces for MSM news outlets. I don't remember too much of this in his past, except for this piece:

Ron Paul: An Ambitious ‘Plan to Restore America’


Anything the campaign can do to get more RP authored work appearing weekly (or even a daily column) on MSM sites would be very good indeed. Quid pro quo as well; as the MSM outlet that picks up the RP column also picks up the hordes of dedicated RP supporters.

presence

[Zippyjuan]

From the piece:

The bill permits domestic natural resources exploration and production in the Outer Continental Shelf and Coastal Plains areas of Alaska. It would also change the tax code to allow for tax incentives and breaks for investment in additional sorely needed oil refineries, while still requiring environmental regulatory compliance.

I thought he was against giving government aid to businesses.

To compensate for the loss of tax revenue, the federal government would have to quit doling out taxpayer dollars to foreign dictators like they have in the past to the likes of Ghaddafi and Mubarak. Or, leaders of both parties would be required to curtail corporate welfare.

Tax breaks for oil companies WOULD be corparate welfare by my thinking.

I will lead with a plan to lower prices, minimize government intervention, and restore a true free market.

The plan sounds like a lot of intervention to me. Just my opinion on it.

[XNavyNuke]

Did you actually read the text of the bill, Zipper?

Text of HR 2631

Repealing sections of the Internal Revenue Code is a good thing, short of s--t canning the whole darn thing.

I guess if it was the language that was expanded under the Clinton Administration that enable the taxing of social security check, then you would consider that elderly welfare? The elderly were welfare scamers before the Clintons? So the Highway Motor Fuel Tax and the Floor Stocks Tax are not an intervention in the free market, only their suspension would be?

XNN

[Paul Or Nothing II]

From the piece:


I thought he was against giving government aid to businesses.



Tax breaks for oil companies WOULD be corparate welfare by my thinking.


The plan sounds like a lot of intervention to me. Just my opinion on it.

Yes, by the "liberal" definition of "aid" & "corporate welfare" it would be but he isn't a "liberal"

Allowing to keep more of their incomes is NOT welfare, tax-breaks are just allowing people to keep what they've made, same for corporations, & it's especially important with respect to corporations because a "corporate-tax" is really a sales tax of sorts & consumers pay it indirectly by way of higher prices so government stealing less would definitely help the oil prices

By your defintion, him reducing or abolishing income tax would be "welfare" too *facepalm*

Did you actually read the text of the bill, Zipper?

Text of HR 2631

Repealing sections of the Internal Revenue Code is a good thing, short of s--t canning the whole darn thing.

I guess if it was the language that was expanded under the Clinton Administration that enable the taxing of social security check, then you would consider that elderly welfare? The elderly were welfare scamers before the Clintons? So the Highway Motor Fuel Tax and the Floor Stocks Tax are not an intervention in the free market, only their suspension would be?

XNN

+1

The ill-effects of liberal definitions spread by liberal media

[ILUVRP]

i think RP missed his big chance to pull away from the crowd by going after the high price of crude and its cracks , it is something every american from OTR truckers / farmers / to every avg american can understand.

throwing this in with getting out of the middle east--closing 90% of overseas military bases , chopping $1 trillion from goverment spending , i think RP would have done much better than the neo-cons/chicken-hawks.

everyone knows my views on what i would do to solve the energy problem , i could also post a half dozen links supporting my thoughts but i hate links.

[Zippyjuan]

This issue also raises the question "can or should the government try to control the price of any commodity?"

If cheap gas is important to the country, why not make it free?

[The Gold Standard]

Tax breaks aren't welfare, but they are intervention in my opinion and do distort markets. It is one area I disagree with Ron, but I can live with it. Sound money, getting out of the Middle East, and deregulating here would make oil dirt cheap. I would cut taxes for everyone instead of just one industry.

[ILUVRP]

This issue also raises the question "can or should the government try to control the price of any commodity?"

If cheap gas is important to the country, why not make it free?

Goverment = ICE = Goldman Sucks = JP Morgan = OPEC

Whats the difference, we are being screwed .

[Paul Or Nothing II]

This issue also raises the question "can or should the government try to control the price of any commodity?"

If cheap gas is important to the country, why not make it free?

*facepalm*
Let's say a seller is selling something at $11, which he produces at cost of $10, government comes in says they must pay 25% of the profits, seller raise the price to $11.33 to accommodate it
Now, may be all businesses are paying this 25% but let's say it's reduced to 10% for some so now they sell at $11.11; how is this "welfare"? Government is simply stealing less from consumers, that's all!

"Welfare" means taking from someone & giving it to another, allowing people to keep more of their income is NOT "welfare"

Tax breaks aren't welfare, but they are intervention in my opinion and do distort markets. It is one area I disagree with Ron, but I can live with it. Sound money, getting out of the Middle East, and deregulating here would make oil dirt cheap. I would cut taxes for everyone instead of just one industry.

So taxing is not market intervention so long as everyone is taxed equally??? Intervention is ALREADY there in abundance, he's merely trying to reduce little that he possibly can get through the Congress

And, he isn't president or something yet so he's just trying to do little that he can, he can't propose tax-breaks across the board because others will squeal about the reduced revenue so he's proposing what may be more politically palatable at the moment & cutting taxes on oil in itself will give some relief to other businesses indirectly

[ILUVRP]

" and restore a true free market "

it be great if everyone read about ICE and the Enron loophole that Phil Gramm created. could it be that Ron Paul has.