Call me a "socialist" - it disturbs me not

ExxonMobil has posted the highest ever quarterly profit in the the history of Corporate America: 

http://money.cnn.com/2008/10/30/news/companies/exxon_earnings/index.htm?cnn=yes

 

I, the capitalist, see nothing wrong - in these super-critical times (extraordinary circumstances) -- in imposing a Windfall Gain Tax on the oil companies to "spread the wealth around" a little bit. Windfall Gain essentially means "ensuing from events that were beyond the planning and control of the recipient". OPEC plotted to raise Oil Prices from $40 to $160. The Oil Companies made money hand over fist. I see nothing wrong in taking some of that windfall gain and using it for alternative energy projects or extend to small-businss as credit for creating more jobs.

 

If everything was hunky-dorey and prosperous -- like in the 90's -- then a Windfall Gain Tax would be out of the question. But these are extraordinarily critical times.

 

You want to call me a Socialist -- go ahead. It disturbs me not. What disturbs me much more is that the reigning capitalists have depleted my 401K by an obscene percentage while speaking the right language of capitalism.

 

I am not a Democrat. I am not a Republican. I call myself a Value-driven Realist. 

 

Want to call me a Socialist? Go ahead. It disturbs me not.