What should the government do about high oil profits?

[zoeb]

Interesting poll at CNNMoney:
http://money.cnn.com/

Halfway down the page on the right.

What should the government do about profits such as the record annual earnings posted by Exxon Mobil?

Impose a windfall tax 24%
Impose oil price controls 27%
Leave the company alone 44%
Not sure 5%

[spindrifter]

1. Distribute them to the programs they have robbed.

[saltpoint]

2. Collect the dough and send a fat check to the friends and families of

Iraqi victims of the U.S.'s shock-and-awe bombing campaign.

What Exxon-Mobil made last year should foot the bill for a few hospitals, electrical power, schools, and a free press.

[Deja Q]

3. Those who want nothing to be done are the minority.

Those who want something done end up ahead by 7 points; 12 if you include the indecisive halfwits.

[zoeb]

7. and Bushit's answer to the problem was to blame Americans for

an oil "addiction." I was impressed that he could pronounce the word but then again being addicted to coke gives him a leg up in the addiction arena!

[bpilgrim]

4. Celebrate... if you got the right stocks ;->

peace

[FloridaPat]

5. I want to know why taxpayer money is still going to these guys.

They can look for their own oil.

[LiviaOlivia]

6. Tax the hell out them

Anyone remember the "windfall profits tax"?

[electropop]

8. The Government and Big Oil are one and the same.

"Taxing" them is like transferring money from the Mobil division of Exxon/Mobil to the Exxon division.

[RB TexLa]

9. Yes, helped depress the domestic oil industry. I remember them well

[LiviaOlivia]

11. I lived in Wyoming

during the late 70's and early 80's. I remember also. They (oil companies) will survive until they are made obsolete by NO MORE OIL.

And obsolete they will become.

[Lorien]

10. So, repugs vote for higher prices but they don't want to pay their taxes

while cheering on an enormously expensive and unnecessary war. OK. :crazy: