Jump to content
Objectivism Online Forum

The Company You Keep

Rate this topic


Recommended Posts

By Andy, cross-posted from The Charlotte Capitalist ™



We are often judged by the company we keep. Sometimes it is fair, sometimes not. In this case I think it is fair.

A looter in Venezuela:

Venezuelan President Hugo Chavez: May 8 (Bloomberg) -- Venezuelan President Hugo Chavez will raise taxes on foreign oil producers, grabbing a larger share of windfall profit from companies including Exxon Mobil Corp. and ConocoPhillips.

Looters here in the U.S.:

Senator Trent Lott in The Olympian: "The message to the oil companies is, 'Hold down your price of gasoline and it better start sliding back the other way,' " said Sen. Trent Lott, R-Miss. "If they don't control it, and if they continue to have prices go up, profits go up and salaries go up, Congress will do something that might not have the beneficial long-term effect," Lott told CNN's "Late Edition."

Senators Arlen Specter and Carl Levin at WFRV: Lott's comments came a week after Sen. Arlen Specter, R-Pa., the chairman of the Senate Judiciary Committee, echoed the Democratic call for a windfall profits tax when oil prices top $50 a barrel.

Senator Carl Levin appeared on CNN's "Late Edition" with Specter. The Michigan Democrat said he believes gas prices "would come down within a matter of days" if President Bush told oil companies that he was going to support a windfall profits tax.


Senator Chuck Schumer at ABC News: Schumer also supported a windfall profits tax on the oil companies making record profits as drivers pay more at the pumps.

A bunch of looters all.



http://ObjectivismOnline.com/blog/archives/000861.html
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...