Profits

 

Hillary Clinton screaming about the 2006 profits earned by Exxon Mobile:  

“The Democrats know what needs to be done.  Again, we’re working trying to try push this agenda forward.  The other day the oil companies reported the highest profits in the history of the world.  I want to take those profits and I want to put them into a strategic energy fund that will begin to fund alternative, smart energy; alternatives and technology that will begin to actually move us toward the direction of independence.” 

Ok.  How much more proof do we need that we need not only a muzzle but a moratorium on her?  Since when did profits belong to Govco?  I wonder why she has not called on profits from the NFL or Hollywood to go to some special fund. 

It’s called CAPITALISM and it’s something the Democrats hate with a passion. 

 

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6 Responses to “Profits”

  1. newhoosier Says:

    I’m not much of a political person, because the world would be better without most politicians, but here’s my comment anyway.

    1) You can’t take away profits, you can only tax.
    2) Taxing will increase our cost, and not effect giant profits.
    3) In fact, if taxes were increased, they (big oil) would probably increase in profits because for every extra 4 cents you taxed, they could bump the price 5 cents and pocket that additional 1 cent.

    I guess that comment was at least 2 cents by itself. 🙂

  2. Hootewho Says:

    I published the same thing on my blog.
    I work for one of the big 3 oil companies.
    If people only knew the cost of exploration, drilling, refining, and delivery, their jaws would drop at how cheap oil is.

    Future commodity brokers set the price of oil, dictated by the markets, not the oil companies.

    Loved your comments on Mike Cope’s blog.

  3. Roland Says:

    Thanks Hootewho. That really fired me up. I have a post here saved regarding the exact same thing. I have a lot of posts saved..just don’t want to post them all at once.

  4. newhoosier Says:

    Yes of course, Hootewho.

    That explains why in the past few months anything mentioned in the news that would have scared investors 6 months previously, didn’t make the price of oil go up. The cost of getting oil to us doesn’t go up, they only thing that goes up is the insecurity of brokers.

  5. Gas Prices « The Moratorium Site Says:

    […] about profits. If you listen to Hillary, she wants to take the profits from the oil companies. Take their profits? Can someone explain […]

  6. Hillary Part 3 « The Moratorium Site Says:

    […] you can’t wait to vote her in office, huh?    Once again, I’m calling for a moratorium on […]

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