Smart Moves by Congress

[SEEYA]

Actually it seems more like a co-operative. You know socialists (if you don't like em) and capitalist (if you do).
I belong to an electric co-op and that is a capitalistic idea? I buy energy and they sell it.

Originally a bunch of people pooled their resources, and for the good of all, formed a social enterprise, probably with the aid of a government hand out.

HMMMMM ...... but I'll bet that if OPEC was an Company, listed on a stock exchange, There would be a lot of capitalists applauding its track record. 

[sawdstmakr]

"Automakers and other groups have opposed approval of E15, warning it could damage engines in some models. Automakers "unanimously expressed concerns that E15 is likely to harm engines, void warranties and reduce fuel efficiency," said the congressional letter."

Could cause damage?
E10 is destroying our old tractors. I have had to make numerous repairs to my tractors due to congress mandating using this stuff.
Jim

[BlueBee]

NOBODY wants low BTU corn in their engines except for the huge corn growers and the politicians they pay to keep in office.   Kind of reminds of when the Defense Department TELLS Congress they don’t want some new plane, but Congress shoves it down their throats anyways….WITH OUR MONEY.  Corporate welfare is alive is kicking. 

[BlueBee]

HMMMMM ...... but I'll bet that if OPEC was an Company, listed on a stock exchange, There would be a lot of capitalists applauding its track record. 

There’s nothing Wall Street loves more than a monopoly.  Monopolies make tons of $$$$ and capitalists love $$$$.  Exxon has been the most valuable company in the world; or battling with Apple.  Capitalists love them to the tune of 412 BILLION dollars!!!  The stock’s just about back to all time highs again.

[Keith13]

HMMMMM ...... but I'll bet that if OPEC was an Company, listed on a stock exchange, There would be a lot of capitalists applauding its track record. 

There’s nothing Wall Street loves more than a monopoly.  Monopolies make tons of $$$$ and capitalists love $$$$.  Exxon has been the most valuable company in the world; or battling with Apple.  Capitalists love them to the tune of 412 BILLION dollars!!!  The stock’s just about back to all time highs again.

How is Exxon a monopoly? I bet BP, Shell, Placid, Koch, Flint hills, etc etc might beg to differ

Keith

[kathyp]

E10 is destroying our old tractors.

and all of our small engine stuff!

NOBODY wants low BTU corn in their engines except for the huge corn growers and the politicians they pay to keep in office

it was the global warming tree hugging nuts that thought this was a good idea. congress is to blame for enacting it. can't really blame the farmers for jumping on board if they are going to get paid more. 

Exxon has been the most valuable company in the world; or battling with Apple.

so what?  a company with value is what we want to invest in, isn't it?  would you invest in a failing company?  they do not have near the profit margin that apple has, but that never seems to bother the nuts when they are screaming about the nasty rich companies.  apparently, you are nasty or nice according to your product....not your behavior.

HMMMMM ...... but I'll bet that if OPEC was an Company, listed on a stock exchange, There would be a lot of capitalists applauding its track record.

it it were a profitable company operating legally, yes. 

[BlueBee]

No Exxon is not a monopoly.  They’re in the same business as OPEC though, and the proposition was that capitalists would be pouring money into OPEC if it was on a stock exchange.  A single oil company with a market cap of $412 billion would seem to support that conjecture.  Just imagine what OPEC would be worth.  Trillions. 

I don’t have a problem with Exxon making money as long as they pay taxes and we don’t subsidize them.  Seems Oil and Gas is our top industry these days, employees millions, and it’s not all bad.  There’s even some very wealthy folks in SE Ohio these days thanks to shale.

[sawdstmakr]

I don't have a problem with Exxon making money as long as they pay taxes and we don't subsidize them.  Seems Oil and Gas is our top industry these days, employees millions, and it's not all bad.  There's even some very wealthy folks in SE Ohio these days thanks to shale.

Corporations don't pay taxes, they  just pass them to their customer. Congress has taught the American people that they are punishing big business by raising their taxes and making them pay their fare share but we are the ones paying those taxes with a higher price for their wares. What does congress do with that money, they pay back the people/organizations that keep them in office.
Jim

[kingbee]

""Anybody know of anything... Smart ...Congress has done lately?""

They took $400,000,000 dollars of that 6 billion and spent it on cotton subsdies.... in Brazil.

I'm sorry, I though your question was a test or a joke.  But the above is the truth.  Oh well, I guess Obama's sugar daddy George Sorus and his Brazilian investments needs the help!