In the past four years, Exxon Mobil, the world's largest oil company, has invested more than $60 billion in exploration and development. Between now and 2010, the company plans to begin pumping oil or gas from no fewer than 20 new projects.A President John (tax 'em, sue 'em, confiscate 'em) Edwards would put a stop to this travesty in short order. Imagine the perversity! A private company making all that money and using it for re-investment purposes! When there are so many Great New Government Projects that we could fund, if we just confiscate all corporate money!
“A President John (tax ‘em, sue ‘em, confiscate ‘em) Edwards would put a stop to this travesty in short order. Imagine the perversity! A private company making all that money and using it for re-investment purposes! When there are so many Great New Government Projects that we could fund, if we just confiscate all corporate money!”
Hillary was specific about confiscating oil company profits:
Hillary’s Oil Industry Threat: ‘I Want to Take Those Profits’
http://newsbusters.org/node/10580