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Politics : Al Gore vs George Bush: the moderate's perspective -- Ignore unavailable to you. Want to Upgrade?


To: ColtonGang who wrote (3511)10/24/2000 10:58:09 AM
From: John Carragher  Respond to of 10042
 
how come we don't see big oil donates oil to public when oil was $10 a barrel.?



To: ColtonGang who wrote (3511)10/24/2000 12:50:18 PM
From: average joe  Read Replies (2) | Respond to of 10042
 
Big oil posted those profits thanks to a democrat in the White House Karasick. Do you remember the Gulf War? Do you remember what happened to oil prices after?



To: ColtonGang who wrote (3511)10/24/2000 1:38:04 PM
From: Selectric II  Read Replies (1) | Respond to of 10042
 
Hmmm. I guess it's not only o.k., but expected that high- tech company profits soar ten-fold, but it's "gouging" when oil companies' profits double. <g> Those same critics of oil company profits think that if oil companies are taxed and regulated enough, production will rise.

The same warped thought process would lead one to conclude that if we slap windfall profit taxes on, and regulate companies like CISCO, Juniper, Intel, Broadcom, AOL, Yahoo, and the NASDAQ stocks in general, it will be a boon to consumers of high technology. NOT.