Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Bodhi1

What these idiots don’t seem to realize is that it would bankrupt the country to compensate the stockholders of all of the oil companies under eminent domain. Would have to repeal the Fifth Amendment to make it work....


11 posted on 06/23/2008 6:31:45 AM PDT by hreardon
[ Post Reply | Private Reply | To 1 | View Replies ]


To: hreardon
That's why the government won't take their ownership. They'll just put a Department of Energy person in every refinery and other major oil production facility and a whole bunch of them pestering every oil company HQ to control the oil companies. Then if "Big Oil" still finds a way to make a profit, it will be taxed as a windfall profit. It will be like Mussolini’s dream or Ayn Rand's (and our) nightmare.
13 posted on 06/23/2008 7:03:33 AM PDT by KarlInOhio (Whale oil: the renewable biofuel for the 21st century.)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson