Oil-Goguery: Gibson Touts Windfall-Profits Tax, Caps on Exec Compensation

GMA/NewsBusters ^ | Mark Finkelstein

[governsleastgovernsbest]

GMA/NewsBusters ping to Today show list.

[MEG33]

Good Grief!! Are they going to cap rock stars earnings?

[Red Badger]

Ayn Rand was a profitess.................(sic).....

[Dane]

I saw that this morning and gibson was touting the o'reilly line about sacrifice from the oil companies.

Nothing about the envirowhackos who have strangled energy production in this country.

Off topic a bit, but last night on 60 minutes dan rather actually did a modestly fair piece about ethanol. It had it's little barbs about the oil companies, but it actually mostly focused on some Iowa entreupreneurial farmers who started an ethanol plant and it didn't have one barb towards the President.

I felt like I had gone through the looking glass.

[Loyal Buckeye]

A better answer might have been that if there are going to be solutions to the energy challenges we face, it is going to take the best and the brightest executives to find them. If you cap oil industry compensation, the ablest execs will take their skills to other industries where they can earn what the market says they are worth.

Exactly. The real question is "How high would gas prices be without the expertise provided by these CEO's"? Stated another way, "How high would gas prices be if Al Gore were an oil industry CEO?"

[navyguy]

There's a name for the economic system where the government micromanages the financial resources of a privately owned company. It's called Fascism.

[Dane]

Good Grief!! Are they going to cap rock stars earnings?

How about television talking heads earnings, such as charlie gibson's.

I wonder if he would take a pay cut from a million per year to $100,000 without complaining.

[governsleastgovernsbest]

In fairness, given the chance Al would have invented a way for us to transport ourselves via the ethernet, largely eliminating the need for cars and gasoline ;-)

[Nathan Zachary]

Typical leftist moonbat idiocy. Tax them more, that will help lower oil prices.
They'll say anything rather than admit enviro-wienies have made drilling for our own sources and building more refinery capacity an impossibility.

[caver]

I say that we limit Charlie Gibson's salary to $35,000 a year. He is being paid way too much just to read words off a page and besides he doesn't need anymore than I do.

[oh8eleven]

last night on 60 minutes dan rather actually did...
You actually watch cBS?
You actually watch 60 Minutes?
You actually watch Dan Rather?

[governsleastgovernsbest]

Great idea. Let's establish a Fair Wage Commission - perhaps Hillary would be willing to head it up - to determine what the fair compensation level should be for every job in America, and just how much people really need to earn ;-)

[beyond the sea]

Are they going to cap rock stars earnings?

Not a bad idea.......... and limit the number of weapons the rappers can carry (and use).

;-)

[Dane]

You actually watch cBS?
You actually watch 60 Minutes?
You actually watch Dan Rather?

I was channel surfing and saw that and an NBC dateline piece on Scientology, which didn't really go in depth but they did have a former scientologist auditor who basically said that the scientologists recruit in Hollywood and during their "auditing" seesions write everything down and implied they hold that stuff for blackmail.

It's kinda of like the mafia, once you are in, you can never get out.

[Nathan Zachary]

What these liberal whiners don't realize is that those CEO are paying a small fortune in income tax if there salaries are that high. You can only reduce your deductions so much. These CEO's are paying via income taxes to support thousands of Mexicans sponging off our social system and educating their children.

They should be applauded by these nit-witts.

[johnny7]

Mulva? His real name is Deloris.

[Nathan Zachary]

They should cap actors salaries as well, and Hollywierdo film producer's box office profits.

[L98Fiero]

All I know is that when I was a kid a candy bar cost 10 cents and now it's almost a dollar. McDonald's burgers were 15 cents and you could buy a bottle of Coke for a quarter. I also just heard that Time Warner just postyed record profits. Why no calls to cap them?

[beyond the sea]

They should cap actors salaries as well

LOL........... and being an old ex-baseball player from the 60's ....... I suggest that the salaries of major league hitters who cannot hit at least .250 should be reduced by two thirds.

;-)