Monday, March 07, 2011

Raise taxes on the rich

Raise taxes on big oil. NOW.

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What's the profit margin on crude these days, Mr. Koch? How about for Chevron? What was Exxon's profit last year? What kind of profit margin are the Royal Wahhabis looking at, even after they subtract the cost of bribing the people with free money? I bet it costs the Saudis less than $5 a barrel to extract the crude from underneath the eastern provinces.

Check this out: "Saudi Arabia's `Day of Rage' Lures Record Bets on $200 Oil".

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