Tuesday, April 1, 2008

Ohhh evil oil companies

In another brilliant move by quasi-Swedish Congress, they're politely requesting that the major oil companies contribute to a fund that would help the poor pay for increasing energy costs.
Two U.S. senators on Tuesday asked big oil companies to voluntarily contribute to a fund that would help low-income consumers pay for this winter's high heating bills and transportation costs later this summer.

Republican Olympia Snowe of Maine and Democrat Jack Reed of Rhode Island said record energy prices have been a windfall for big oil companies and they need to share some of their profits with consumers who are in need.

According to who? This is a principle Karl Marx would be proud of. The obvious ramification of the oil companies don't curtail to the government's demands is higher taxes. Here's a brilliant idea for the poor: save money and buy shares in big oil. Even if the stock market collapses, you can always trust the government to bail you out.

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