cantdog
Waybac machine
- Joined
- Apr 24, 2004
- Posts
- 10,791
My daughter is in Austin right now. Do any of you ever hear Hightower?
SENATORIAL BEGGING
12/1/2005
The results are in and we have a winner! The Emmy Award for the most pathetic performance on live television goes to Sen. Chuck Grassley, chairman of the senate finance committee, for his role in the the recent hearing on price gouging by Big Oil.
He was ably aided by the CEOs of ExxonMobil, ChevronTexaco, ConocoPhillips, Shell, and BP who sat before Grassley's committee like toads on a log, refusing to budge when prodded about some $100 billion in windfall profits they've run up in the past few months. "We do not see this as a windfall," said the honcho of ConocoPhillips – even though his company siphoned off nearly $4 billion in profits in three summer months alone, a 90 percent jump over the previous year.
Did Grassley gavel these arrogant toads into silence and assert his senatorial responsibility to protect the public – maybe by pushing a windfall profits tax to recoup some of what the oil giants have ripped out of our wallets? Oh, dear, no. That would be... well, senatorial.
Instead, Grassley begged. In essence, this powerful U.S. senator shook a tin cup at the CEOs, asking them to make a charitable contribution to help poor people pay their heating bills this winter. "You have a responsibility to help less fortunate Americans cope with the high cost of heating fuels," he pleaded, asking them to donate "a mere 10 percent" of their third quarter profits. The toads declined to give.
Excuse me, Chuck, but making sure that vulnerable, very low-income Americans have heat in winter is not a matter of charitable corporate whim, but of public responsibility. Instead of groveling pathetically, either require that the incomparably rich oil giants provide such essential fuel for free, or tax their windfall profits to fully-fund the $3 billion shortfall in the government's low-income heating program.
This is Jim Hightower saying... Government has a duty to serve the public interest – even if that means confronting corporate gougers.
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"Mr. Grassley Goes Begging," The New York Times, November 11, 2005.
"On Profit and Pump Prices," Washington Post, November 10, 2005.
"Oil Execs: No Responsibility," No Accountability, No Remorse," www.commondreams.org, November 9, 2005.
"Big Oil Benefiting from $14 Billion in Taxpayer Handouts- Despite Making Record Profits," www.commondreams.org, November 9, 2005.