The Daily Parker

Politics, Weather, Photography, and the Dog

"Congress is a Joke:" Motley Fool

I don't agree with everything Motley Fool columnist Bill Mann says, but I think in essence he's correct:

My editors hate it when I call people idiots. But I mean it. Our elected officials are either stupid, or they think enough of us are stupid that they can say stupid things and we'll just thank 'em for it. ... Pay $100 from the federal Treasury to compensate Americans for high gas prices? Are you people completely, utterly devoid of brain matter?
You want to blame $3 gas on something? Fine, let's start with where blame should go—on $0.95 gas.

I think he's right that cheap gas hurt in the long run, but I'm not sure that the free market justifies the enormous profits oil companies are reaping. I'll think more about this.

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