Could this be any more frightening? This is Atlas Shrugged stuff come to life!
The Democrats are out of ideas of ways that they can get their hands on the money of the producers in this nation. So they’ve dusted off their file cabinet, stuck their hands into the way-way back and come up with … a windfall profit tax on oil companies!
Six Democrats in the House, led by none other than moonbat Dennis Kucinich, want the federal government to establish as “Reasonable Profits Board.” The purpose of this board would be to control the profits of the evil oil companies.
Just remember that money earned in the private sector does not really belong to those who earn it. To liberals and proggies, that money belongs to the government and it is the government that decides how much of it you should be able to keep!
This Reasonable Profits Board would be made up of three presidential nominees, not approved by Congress. They would be able to impose a “windfall profit tax” as high as 100% on the sale of oil and gas. What is considered a “reasonable” profit? That is up for these arbitrary presidential nominees to decide.
Now as I’ve mentioned, the Democrats have come up with this idea before .. though the idea of this presidential panel is new. But a windfall profit … what is that? I’ve come up with a definition I’d like to share with you, since I’m sure that government schools don’t teach things like this. A windfall profit is money earned by a company that can be readily demagogued by a politician. It is money earned by a company on a commodity that consumers absolutely need but don’t like paying for.
You can read the rest of the story here.
In the meantime - I can't help but be reminded of this gem from Monty Python:
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