Communist's masquerading as democrats are now proposing that there be a Govt Board to regulate the "reasonable profits" that Oil and Gas companies make. Does anybody really doubt that socialization of America is the top priority of Democrats today? Regulate Profits I watched some of Bill Mahr the other night, he was going off on Mitt Romney being rich and not really earning it like Henry Ford did or Steve Jobs did or Bill Gates did by creating a product. He basically called all Venture Capitalists vultures. He never commented on Democratic Icons like Al Gore who inherited it, or John Kennedy who did the same or John Kerry who inherited some and married the rest. I'm sure he also never considered how many businesses wouldn't even exist without Venture Capital...say like Google, Facebook, and even more....
Combined federal, state and local taxes per gal. 48.1 cents Oil company profits per gal. 7.0 cents So the assholes in Washington think that the oil companies are getting too much per gallon???? What hypocritical jerks. http://mjperry.blogspot.com/2011/04/gasoline-taxes-per-gallon-vs-exxon.html
Wow, Gipper! That chart certainly eliminates a lot of the ******** arguments we hear from the left. It certainly explains why the pump price here in NJ is less than most places when everything else here is more :idea: Bill Maher is nothing more than a third rate comedian who has enlisted as a front line soldier for the Obama socialist spin machine. I can't stand that little Marxist pimp and his biggest fear should not be Romney; it should be running into me at an airport somewhere :twisted:
Very illustrative of the ignorance of much of the left when it comes to business and the economy. This administration and their media shills have no real background, training nor any level of understanding of how the private sector economy works, how jobs are created and how capital flows and investment is the life blood. They are completely unprepared and ill-equipped to do so, why should we then be surprised at their complete inability to develop meaningful and productive policy responses? Venture firms are a vital intermediary in our economy as basic and important to a healthy private sector as banks, credit unions, insurance companies and investment companies. These "vultures" are responsible for bringing us these small and unimportant enterprises like Microsoft, Intel, Apple, Cisco, Oracle, Genentech......Maher referenced Jobs, Gates, et al, but failed to appreciate that without the investment capital from the venture firms, they would have been no more than some college kid with a good idea......