President Barack Obama Message Board

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Politics : President Barack Obama

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To: Bread Upon The Water who wrote (107682)	1/20/2012 3:58:46 PM
From: RetiredNow	Read Replies (1) of 149317

I know. You know I hate the subsidies we give to the oil companies and I've long been all for a big renewable energy push. However, this kind of Dem proposal is just patently absurd. The Dems need to stop trying to control every damned thing. You can't have a "profit control" board. That is just so damned Communist that it outrages me. When did free enterprise and capitalism become our enemy? They need to stop attacking the symptoms and go after the root causes, which are crony capitalism, lack of enforcement of our laws, too many gov't subsidies for oil companies, Too Big Too Fail bailouts, lack of regulatory enforcement by the SEC and the oil regulatory bodies, and a whole lot more I can mention. But putting a straight jacket on profits is exactly the WRONG thing to do. Why does big oil have record profits? Because we subsidize them with our military and with tax breaks and we refuse to seek alternative energy sources in a big way. So let's tackle the root causes, rather than put Lenin's Profits Regulator Board on top of an entire industry. Jesus weeps. What's wrong with these people?

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