After watching the “Occupy” bunch, listening to Barack Obama’s incessant divisiveness, race baiting, misrepresentations and distortions of the facts, and the left’s willingness to attack the very industries and people who can turn this economy around I realized something. Their entire hope of success, lies in enough people who are “angry”, “envious”, “jealous”, “bigoted”, “racist”, and “uninformed” to buy into what they are saying to give them a majority at the polls. They know that what they are saying is “untrue” but they also know that they cannot run on “their records.”
Let me take the issue of “hating” and stirring up “anger” towards BIG OIL as an example. I keep hearing people complain about how much the various Big Oil Companies made in profits last year but I don’t hear any of those complaining about how much Big Government is spending and charging us in taxes including taxes at the pump. I have researched numerous reports and earnings statements of the various Oil Companies and found that the average profit they made was 6.7 cents per dollar in sales and that compared to 9.2 cents per dollar for all other manufacturing. The cost of crude accounts for more than 70% of the price of gasoline at the pump then you must add federal, state, and local taxes to it for another 15%-18%. Why isn’t anyone screaming about the massive profit that the government gets from each gallon of gasoline sold? Instead Obama and his left-wing ideologues harp on the “evil oil companies” but fail to mention how deeply their own hands are in the till. I wonder why? No I don’t, because if they focused on that you’d be mad at them as much or more than you are at the “evil oil companies.”
When compared to other industries we find that the ranking of profit per dollar is as follows: Pharmaceuticals & Medicines, Computers & Peripherals, Beverages & Tobacco, Electric Equipment & Appliances, All other Manufacturing, and then Oil & Gas. Interesting isn’t it? Yet, Obama and his crowd fight with determination to destroy the Oil & Gas Industry and in doing so make the cost of EVERYTHING for the consumer skyrocket. That does not even take into account the locking us into dependence on those countries that want to destroy America for our Oil & Gas. Why would any President or Political Party support that when by the testimony of experts in the field and some of which formerly supported Obama tell us that in ten years we could not only virtually pay down the deficit, balance the budget, reduce the national debt and see the price of gasoline under $2.50 per gallon? Those experts also tell us that we could be free of dependence on oil from countries that are not our friends. We could stop the insane enslavement through debt to China and other countries. But that is not something they want and one has to ask why? I guess it really doesn’t matter why, the fact that they do and their actions scream at us that they are willing to prevent exploration of our own natural resources is enough to tell them “Good Riddance.” It certainly is for me!
Let’s look a little deeper at this picture. We hear the screams from the left and the Occupy crowd of how utterly evil the corporate executives are especially in Big Oil, but are they? Let’s look at a breakdown of where their profits go.
1. 31% goes to Pension Funds. [Pension Funds for millions of Americans depend heavily on the financial performance of oil and gas companies.]
2. 20% invested in Mutual Funds.
3. 21% goes to Individual Investors. [Individual investors who manage their own portfolios and are not company insiders account for more than 20% of all industry ownership and that includes a significant number of “middle-class” households.]
4. 18% is placed in IRA’s.
5. 7% to Other Institutions.
6. 3% to Corporate Executives. [Yes they are well paid but for leading the development and expansion of such massive corporations should they not be?]
The ownership of America’s oil companies is dispersed among a wide variety of individuals and institutions. Those include Individual IRA accounts, Teacher’s pension funds, as well as “mom & pop” investors. In other words, “middle-class” America is the beneficiary of the success of the Oil and Gas Industry. But who is trying to put them out of business? Barack Obama and the left!
In an Obama interview in San Francisco in 2008 the question arose regarding his views and plans for “Coal” and he said: “I will institute a Cap & Trade System that if anyone wants to open a coal plant they can but they will go bankrupt because the punitive levies, fines, and fees that we place on them will prevent them from succeeding.” In his home state of Illinois “Coal Fired Plants” are closing. He only wants America to produce so-called “Green Energy” that is not yet technologically available and the cost is prohibitive. He even declared that if his policies went through the cost of electricity would naturally “skyrocket” and he thought that was a good thing. Really? How do you feel about it?
Can I ask one simple question? “If you open a business what is your hope?” Is it not to make a profit, make your life better, achieve your dream, and leave an inheritance to your children as well as possible help others? If in starting a business you succeed and hire thousands of people making it possible for them to earn a living and provide for their families, why is it a bad thing that you get wealthy as a result? Also, why is it the government’s or anyone else’s business or responsibility to come in and demand that you give up your share or tell you what your share of the profits is allowable? Why should they be allowed to take what you have earned as a result of your willingness to “risk” capital and effort to achieve? You could have failed and been bankrupt but you succeeded so why should you not be rewarded and reap the fruit of your labors?
I guess I just don’t get it why so many are willing to “hate” those who succeed and want them punished for their success. The truth is that in doing so we reduce the willingness of those who can to “risk”, “invest”, and “produce”, then we have people left with NO JOBS, NO HOMES, NO MONEY thus requiring the Federal Government to issue subsidies making them slaves to the system and dependents of the Federal Government. I know why this is the desire of Obama and the left – VOTES! How many people are going to vote no on money coming to them? If your boss came to you and said, “I’m going to give you a 25% salary increase, would you turn it down?” Why not? That is more than the vast majority get as a raise so why should you benefit when they don’t? You need to take care how you respond so as to remain consistent in your argument and anger at the so-called 1%.
I do not live in fear because I’m a Christian, but I am very concerned about the state of this country under the leadership (or lack thereof) of Barack Obama and the left. I am not overly thrilled with many of the candidates the Republicans are running but most of them afford at least the opportunity to put a halt to this runaway train of spending and destruction that is happening under Obama. I want to see all in every party put out to pasture who do not support the Constitution, the Rule of Law, the Rights of the American People, and won’t stand firm on principle and do the right thing. I know for that to happen we must begin at the local level and work our way to Washington. Some of us may have to bite the bullet, throw our hats in the ring, and run for elected office to set an example. We will, no doubt, be crucified and vilified as we do and may lose everything in the process but if we as a people do not –
1. Pray as if everything depends on God – – (It truly does).
2. Work as if everything depends on us – – (In a sense it does).
3. Research, Expose, Educate, Inform, and VOTE.
America is a goner! What price are you willing to pay to see a Restored America functioning as the Constitutional Republic that our Founding Fathers established? You actions between now and November will answer that question as will your appearance at the polls and your vote.
May God bless America and may God bless each of you!