David,
The Internet is a vast sea of misinformation and poorly remembered facts,
but this statement below, unless tongue-in-cheek, really is a topper. It was
first the oil shortage, THEN the windfall profits tax. In a curious
arrangement that exists to today, when the source price of this commodity goes
up, the
oil companies use the opportunity to increase their profit margin, and their
profits soar while the users--that would be us--get shafted twice.
Jay Donoghue
72 B-GT
66 Mustang
In a message dated 4/21/2005 11:35:54 P.M. Eastern Daylight Time,
david_breneman@yahoo.com writes:
--- Max Heim <mvheim@studiolimage.com> wrote:
> Oh, you mean like the US credit card, oil and health insurance
> companies?
>
> <g>
I'm with you on usury and insurance (of any type) but oil
companies are, in my opinion, great benefactors of mankind.
And they usually get nothing but grief from the government
(remember the "windfall profits tax" that caused the oil
shortages of the 1970s?).
David Breneman
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