Last month it was CEO pay. Now we're back to demonizing profits as congressional leftists call oil company CEO's on the carpet again to appease their Marxist base and exploit the economic ignorance of the American public. Even more frightening, I think some of them actually believe the crap they spout.
I'm still trying to found out where in the constitution the government has the right to question how much money any private enterprise makes, much less dictate how they should spend their profits. Most oil company shares are owned either directly or indirectly by ordinary Americans. Democrats know this and it betrays their motive as just another attempt to undermine the free enterprise system.
Having said that, I'm all for eliminating subsidies to oil companies and everyone else, including farmers, third world kleptocracies et al.
BTW- I didn't notice anyone from Chavez' Citgo hauled in front of this kangaroo court.
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