Monday, October 31, 2005
Is it a joke?
While you would hope Ken Dotson's letter is a joke, or satire, or something, I get the feeling that it's not.
Here's a suggestion about dealing with oil companies' excessive profits that helps everyone. Congress can pass legislation that mandates oil companies to plow any profits deemed excessive into research to develop nonpetroleum, environment-friendly, safe sources of energy.
Genius! Oh, but you know, "excessive profits" is pretty vague. No worries, though. Dotson's on the job:
Excess profits would be defined as any income attained above a reasonable rate of return.
Excellent! Now we're to the highly specific "reasonable." We know, of course, that the oil companies will work hard to make plenty of money above that reasonable rate of return, even though they don't get to keep any of it.
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