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Old 05-12-2008, 11:40 AM
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Quote:
Originally Posted by pjohns View Post
This is exactly correct. Regretably, the Democratic Party has, in recent years, fetishized "fairness"--a very subjective and slippery concept--and many have decided that it is simply unfair for Big Oil to make huge profits, regardless of the inconvenient fact that its profit margin is no greater than what is typical of American industries. (On this point, compare Barack Obama's recent response when asked if he would insist upon higher marginal tax rates for the wealthy, even if that would produce a reduced stream of revenue, due to depressed economic activity. His response: Yes, certainly, he would still be in favor of higher taxes on the wealthy; it is just a matter of fairness.)
First, the right wing apologists for the oil industry try to repackage greed as "success." Now that some people are not buying that bull****, they're trying to disparage the condemnation of that greed, er, success, on the basis of fairness. They say life's unfair. True, and history is full of examples of people fighting unfairness. There's nothing wrong with that, or does doing that make one a communist (ooooh, try to intimidate with the play the communist card)?

And just for good measure, throw in some little ditties - without links to back them up, of course - about how oil companies' revenue is in line with other industries and taxing the rich would be bad for the economy.

Sheesh.
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