"I want to take those profits".............

[Swimmer]

Originally Posted by spence

You're accusing her of siezing or stripping profits from the companies without compensation, which is not what she's saying.

Hillary's plan is to ensure the Industry is investing in areas to ensure economic and national security where we're falling behind today. The public certainly doesn't think industry is moving fast enough in these areas.

So the companies can still turn a large profit, no issues there.

-spence

These practices do not occur in a democracy Spence, under any circumstnaces.

[spence]

Originally Posted by Swimmer

These practices do not occur in a democracy Spence, under any circumstnaces.

That's just nonsense.

The government regulates many facets of industry to ensure alignment for the common good.

-spence

[stripersnipr]

Originally Posted by spence

That's just nonsense.

The government regulates many facets of industry to ensure alignment for the common good.

-spence

Common good. As determined by "It takes a Village" Clinton. Suckas.

[spence]

Originally Posted by stripersnipr

Common good. As determined by "It takes a Village" Clinton. Suckas.

We all know the Government does a lot of stuff that's not in the Constitution...and some of it does make us better off

-spence

[justplugit]

Hillary is a shrewd politician, no different from the rest of them.
She knows by inciting people that are paying $3/gal gas that a statement like the above ,
will make Joe public think, hey the big oil companies are screwing us and she's gonna get their profits.

Never says how, doesn't need to, the seed is planted,
-vote for Hillary she's against big oil. Mission complete.

We need a candidate who says what they mean, and mean what they say, then shows the plan.
Then Joe public can make an intelligent decision.

Unfortunately there's none around.

The Adele Stephensons and true Statesman of our country are gone, never to be seen again.

[spence]

Originally Posted by justplugit

Never says how, doesn't need to, the seed is planted,
-vote for Hillary she's against big oil. Mission complete.

Sure she has said how...

1) Don't raise oil industry taxes
2) End government oil industry subsidies
3) Establish a profit threshold (based on historic trends) that companies can either use the cut off excess to contribute to an alternative energy fund (probably directing money back at them in the form of government incentives) or keep the money to invest it themselves into alternative energy technology, which many are already doing today.

In the end the companies still make record profits and the people and industry are in alignment on the direction we need to take.

Would it impact shareholder value? Perhaps, but mostly in the short-term as it would accelerate an innovative green and more self sufficient economy. It could also encourage investment in the energy sector by cleaning up public perception which isn't all that great right now.

Left to themselves the oil industry would gladly bleed the earth dry to deliver record earnings and let the next generation die in the energy wars with China.

Is that the fate you're wishing upon your three grandchildren?

-spence

[justplugit]

Originally Posted by spence

Sure she has said how...

1) Don't raise oil industry taxes
2) End government oil industry subsidies
3) Establish a profit threshold

-spence

Interesting stuff Spence.

1)Don't raise oil industry taxes.
Now that they will be taking it off the top, why not do away with all their taxes?
That could cause a problem though if their profits fell.

2)End government oil industry subsidies.
Does that include defense subsidies?

3)Establish a profit threshold.
That's a great idea, and while we are at it do the same to all industries ,high tech, gees Microsoft profits averages out something like the mid 20% range, pharmaceuticals, , corporate lawyers, and why not individuals like sports figures, Hollywood stars and so on and so on.
That way the government would have even more money to continue to spend wisely, like they did with FEMA.

We could become just like Norway, where there is no incentive to develop or invent anything. Just lay back drink and ski.

[justplugit]

--" i want to take those profits and i want to put them into a strategic energy fund"--

Didn't hear mention of using corporate tax credits,

just take those profits.