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re: Energy Secretary demands Energy Companies increase oil supply but wants them shut down

Posted on 6/16/22 at 1:49 pm to
Posted by JohnnyAlpha
Member since Jul 2021
21 posts
Posted on 6/16/22 at 1:49 pm to
For this group, there is no objective truth - only their own subjective truth. We can wave a magic wand and transition over to "renewable" energy. I think they are either truly deceived assuming that their policies are not destroying the economy or they are purely evil.

Chairman Mao said that politics is war without bloodshed and war is politics with bloodshed. Why would anyone who has grown up in the United States want to allow for political power (read government) as the mechanism for the allocation of economic decisions and resources? The free market creates the best decisions and it completely undermines any prejudice. In a market economy, sales go to the best, most faithful steward, entrepreneur, business or restaurant. The market rewards wisdom and punishes foolishness whereas the government rewards foolishness and punishes wisdom.
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