The Politically Incorrect Show - 18/05/2000
[Music - Die Fledermaus]
Good afternoon, KAYA ORAAAA & welcome to the Politically Incorrect Show on the free speech network, Radio Pacific, for Thursday May 18, proudly sponsored by Neanderton Nicotine Ltd, the show that says bugger the politicians & bureaucrats & all the other bossyboot busybodies who try to run our lives with our money; that stands tall for free enterprise, achievement, profit & excellence against the state-worshippers in our midst; that stands above all for the most sacred thing in the universe, the liberty of the human individual.
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Deputy Prime Minister, leader of the Alliance Retards & leading socialist Comrade James Neanderton is wailing & gnashing his teeth about the latest increase of five cents a litre in the price of petrol, & is waving his big socialist stick at the oil companies. If his distress is genuine, he should repair to a solution readily available to him & stop grandstanding over the oil companies' only possible response to developments beyond their control. He should cut the petrol tax in half. That's roughly the portion that does NOT get ploughed back into roading, but feeds the voracious appetites of the likes of Comrade Neanderton & his constituents for Other People's Money. In one stroke Neanderton could thus reduce the price of petrol by over twenty cents a litre AND give the economy a much-needed fillip, given the immense spin-off benefits that well-nigh everybody would derive. Alas, the idea of reducing ANY taxes is anathema to Neanderton, so my helpful advice is certain to be ignored.
Over & above that, one should query the ongoing, artificial dominance enjoyed by despotic Arab regimes over the supply of oil internationally. This dominance enables them to cut back production, raise prices - & send the whole world into a tail-spin at will. They could easily be given a run for their money, but western governments, particularly that of the United States, won't let that happen because of their craven obeisance to socialism's modern-day incarnation, environmentalism. I quote from Dr George Reisman's article, The Real Oil On Oil Prices, reproduced in the current issue of my magazine, The Free Radical:
"The U.S. government, acting largely under the influence of the ecology movement, has restricted the supply of oil in the following ways: 1) It has prevented exploration for & development of oil reserves in vast areas of territory arbitrarily set aside as wildlife preserves or wilderness areas. It has even consistently sought to prevent the development of the vital North Slope Alaskan oilfields, on the grounds of alleged concerns over harmful environmental effects, such as disturbing the feeding habits of caribou herds & deterioration in the appearance of frozen waste lands. 2) It has joined in an international agreement to close Antarctica & its potentially vast oil deposits to all mining operations for the next fifty years. 3) It has prevented the development of offshore oil wells on the continental shelf. 4) It has prevented the construction of oil & gas pipelines, of new refineries, oil storage facilities, & facilities for handling supertankers. 5) Over the years, the U.S. government has imposed price controls on oil & has acted further to restrict oil company profits, & thus oil industry investment, by punitively increasing their rate of taxation, through first reducing & then totally abolishing the old depletion allowance on crude oil."
Voila! If Comrade Neanderton wants to uncover the real culprits in the current price pandemonium, he need look no further than his own ilk & their actions over the past two decades or so. As it is he'll probably emulate their behaviour & make conditions more restrictive for the oil companies here. It would serve him right if they simply quit the country. That, of course, would leave the field open for his Ministry of Economic Development to set up a Central Bureau of Petrol (if his Green comrades would allow such a thing). I hate to think what the price would rise to after that!
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