HILLARY CHAVEZ

Well, it didn't take long for the Left, headed by Hillary Chavez Clintez, to announce they would grab oil company profits and then put those filthy profits to what they say is good use. It's no surprise that the Left is fascist, we knew that a long time ago. But this speech is stupid. I don't think it would be legal to seize money or property just because the government has a better use for it. HOWEVER, after the Kelso land grab decision I'm not so sure. Eternity Road has an interesting post today regarding the power of Congress. He says in part:

If the "necessary and proper" clause (in the Constitution) means that a majority of Congress can legislate about whatever it pleases -- if the "general welfare" clause means that governments can do whatever they deem to be for the greater good -- then what significance do our chartering documents possess? Why did the Founders bother with them?

Hillary knows why they bothered, but that don't mean jack shit to her. I ran this oil profits thing by some financial people and they told me:
1. It's illegal, (they might be wrong)
2. If she even started to do it we would see a collapse of the stock market because the profits of every company would be a target and it's the expectation of profit that drives the market.
3, These multi-nationals can bank overseas with whatever currency is available, so the nationalizing government would have to seize property and not money. Then they'd have to run all the oil and gas businesses themselves.
4. But most important is the concept. She is not going to be stealing from the oil companies, she will be stealing from the shareholders of the companies. Lefties never think of the damage to the shareholder, the consumer, or the real guys on the street----and if she starts to steal this money there will be a hell of a lot of us on the street.

So even if the stupid and crooked Republicans keep on voting to steal our money through higher taxes thus giving Democrats a 50 seat majority in the House and a 15 seat advantage in the Senate, Hillary's little gambit won't cut it. Remember, no politician wants to take risks and this policy would by as risky as one can imagine. I think the Democrats are a lock to hold legislative power for the next twenty years after what this deceitful gang of "conservatives" has done, but a stock market crash would change all that.