"I'll tell you what's fair, and what's not."
Posted on 06/10/2008 10:29:21 AM PDT by Rufus2007
When a high-ranking U.S. senator sounds more like Karl Marx than Adam Smith over the issue of energy prices, it must be an election year.
Democratic Sen. Chris Dodd, the chairman of the Senate Banking Committee, appeared on CNBC’s June 10 “Squawk Box” pushing government control of corporate profits. Dodd said he considered a company to be “doing very, very well” with profits above $8 or $10 per barrel of oil. He said he advocated a windfall profits tax, where Congress would determine what amount of profit is fair and what isn’t.
Co-host Joe Kernan called the Connecticut senator on the idea, asking if he was going to apply the same strategy to other types of businesses. “Are you going to go across industries across the board and decide what Congress thinks is a fair amount of profit and drawing a lines on what’s fair and what’s not for corporations?” Kernan then emphasized the point. “That’s not the way it’s done in this country, senator. It could never be done that way, could it?”
(Excerpt) Read more at businessandmedia.org ...
Dodd is a Castro fan. No surprise here...
I guess he never read “Atlas Shrugged”
He is an attorney by trade, a Liberal socialist who takes the side of the “little guy” in every situation, even if the “little guy” is wrong.
Dodd is a classic Marxist failure.
What Tax is ‘Fair’ to Business?
What Tax is ‘Fair’ to People?
They will never EVAR cite a number. A different kind of Laugher Curve. (misspelling on purpose)
They know the MSM will not bat an eye, will not say how wrong this is, as they did with Maxine Waters.
How in the hell do we defeat this power????????????
This is bad news. I don’t want Chris Dodd deciding what a fair profit is. I don’t like high gas prices either, but don’t think the solution is limiting oil company profits to a “fair” level.
Next they will go to Wal-Mart, or other retailers, and limit their profits. Next, supermarkets, or car dealers, or virtually any kind of business. And don’t forget healthcare, as they want to take that over entirely.
Is this a back door way to increase government spending? If the limits on profits involve windfall profit taxes, then doesn’t the alleged obscene profit simply go to the government rather than the shareholders of the company? Am I missing something here?
Marx would never set the level of profit for a business, he and his followers would have taken ownership of all capital long before a profit was generated.
So the government could decide when the Indiana Jones movie has made too much money?
This jack*** is one of my Senators.
You can all bet your butts I’ll be voting to kick him out of office.
Good. Hopefully you can beat Loserman next time too.
Or when trial lawyers get too much in a settlement.
I was laughing even typing that one.
He takes the government's side in every situation, and the federal government is the largest, most expensive, and most intrusive monopoly there has ever been.
The further the leftward drift, the more emboldened they become.
Any crisis, real or fictional, is a golden opportunity for Democrats to increase the control of the Federal government over your lives. One A. Hitler and J. Stalin were masters of this. Worked like a charm, too. The people couldn’t sell their souls fast enough.
Damn! Ayn Rand was a prophetess!................
“This jack*** is one of my Senators.
You can all bet your butts I’ll be voting to kick him out of office.”
And you can bet YOUR butt he will re-elected handily. Not only that, but by a WIDE margin of victory. ‘Tis Connecticut, after all.
Before you start a-cussin’, he happens to be MY senator, as well.
- John
Chris Dodd says what the liberal agenda is out loud..
I have emailed and called my congressmen - with one word, repeated:
DRILL, DRILL, DRILL...
Wasn’t it about a year ago we were burning the phones calling Congress about illegal immigration?? Do they miss us? Are their aids pining for the sound of the FAX machines and beeps of ringing phones?
It’s time to dig through our email and phone lists and START CALLING CONGRESS NOW.
DRILL.
"I'll tell you what's fair, and what's not."
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