Big Brother to create "reasonable profits board"

Discussion in 'Congress' started by Zander, Jan 20, 2012.

  1. Zander
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    Zander Platinum Member

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    Straight out of a dystopian nightmare....you can't make this shit up.

    Dems propose 'Reasonable Profits Board' to regulate oil company profits - The Hill's Floor Action

    Sickening.....
     
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  2. Mr. H.
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    Mr. H. Diamond Member

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    Sickening and pathetic. Further proof that Democrats have damaged brains.

    Carter's "Windfall Profits Tax" was an utter and complete failure. The government itself ultimately admitted to that fact.

    And when the WPT formula is disected, it's revealed that it wasn't actually a tax and it wasn't based on profits.
     
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  3. Skull Pilot
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    Skull Pilot Platinum Member

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    One more step to total government control.
     
  4. Stephanie
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    Stephanie Diamond Member Supporting Member

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    Isn't that just a cute little name they gave for stealing other people monies?


    Reasonable profits board.
     
  5. California Girl
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    California Girl BANNED

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    Yes, it is.
     
  6. editec
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    editec Mr. Forgot-it-All

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    Doesn't sound like a very good plan to me.

    I do believe that we already have laws against GOUGING in times of national emergency, though.
     
  7. Zoom-boing
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    Zoom-boing Gold Member

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    What it is, is the left's wet dream.
     
  8. derk
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    derk The Amiable Host

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    Whats in the water there in the beltway? Hard to believe they would shoot themselves in the foot after the fallout from the century legislation and a weak executive branch director. I reckon they just got tired of power and the party leaders have decided to commit political suicide.
     
  9. konradv
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    konradv Gold Member

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    Sounds like a tempest-in-a-teapot, since it won't pass. How is it even possible, when all the oil companies have to do is bribe 51% of Congress to get their way? It's a drop in the bucket compared to their bank balances.
     
  10. daveman
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    daveman Diamond Member

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