Hillary Rodham Clinton is not a dumb woman by anyone’s definition and she usually measures her words carefully, but what she said in the following speech suggests that she holds capitalism in the lowest of regards.

I’m really quite shocked that she would say that because one would assume that she at least accepts the basic premise that profit is the incentive that encourages us to engage in commerce.  If Exxon, or any other company, had their profits confiscated by the government, even for the most altruistic seeming of reasons, then investment in that company would be diverted elsewhere.  The company would die.

I suppose Hillary would rather see the profits made by Exxon go into the coffers of Middle Eastern or Venezuelan governments.

• Politicians have no ability to define what is reasonable
• AL Senate passes general fund budget
• Proof that those who govern us are morons
• Shame on Exxon for making money
• Alabama and Exxon go to court

This entry was posted by Brian on Friday, February 2nd, 2007 at 9:26 pm and is filed under Communism/Socialism, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. Please note the copyright policy.