Hillary takes a stand...

[Army_of_One]

Now we know a little more about her....This is from Neil Boortz who some will discount which is fine. He's only a talk show host and this is only his opinion but the Hillary speech is fact.

HILLARY SHOWS HER HAND

OK ... sorry about not being on the air yesterday. Actually, all weekend long I was soooo looking forward to Monday so that I could play a little Hillary sound byte for you. Those who listen to the show today will actually hear Ms. Rodham screeching these words ... for you Nuze readers .. here's the transcript. Hillary was talking about the profits earned by Exxon Mobile in 2006. She was speaking to a meeting of Democrats:

"The Democrats know what needs to be done. Again, we're working trying to try push this agenda forward. The other day the oil companies reported the highest profits in the history of the world. I want to take those profits and I want to put them into a strategic energy fund that will begin to fund alternative, smart energy; alternatives and technology that will begin to actually move us toward the direction of independence."

Many years ago one of Hillary's professors at Yale identified her as a socialist. I ask you now, did that professor have a point? Does this sound like the rantings of a person who is supportive of the concept of free enterprise?

Where do we start with Hillary's comment? There are so many points that need to be brought up.

First is Hillary's obvious belief that the profits of American corporations are the government's to take. This attitude shows a complete disdain for the concept of private property rights. Those profits belong to the shareholders of Exxon Mobile, not to government, and certainly not to Hillary Rodham.

And just who are the shareholders of Exxon Mobile? Who are the people that Hillary wants to punish by "taking" their earnings?

Here we have to battle the economic ignorance of the American people ... an economic ignorance fostered by our hideous system of government education. Most Americans believe that the Exxon Mobile shareholders are probably rich fat cats sitting on their yachts in the Bahamas or jetting around the world on their private jets when they aren't living in their multi-million dollar homes.

Wrong.

Some of the largest shareholders in Exxon Mobile are quite likely retirement funds. Teacher retirement funds, Police retirement funds. Fireman retirement funds. These funds invest their member's money in stocks of corporations likely to return a good annual dividend. The dividends are then used to write the monthly checks to retirees. This is the money that Hillary wants to "take."
Now Hillary knows this. She may be America's most dangerous politician (you're beginning to see why) but she most certainly is not stupid. She knows who those Exxon Mobile shareholders are. She also knows that most Americans buy the fat-cat scenario and that she can talk about "taking" corporate profits with virtual immunity. The people who she depends on to vote for her have no understanding how dangerous she is.

Once again we find ourselves right back at our neighborhood government school. Hillary knows that there will be no real price to pay for her anti-capitalist comments because most Americans have a completely distorted view of the role corporate profits play in our economy. We know that our government schools do a hideous job of educating our children. Politicians know this also. We're upset. Politicians generally are not. Hillary couldn't stand up there and say "I want to take these profits and ..... " if the American people had any clear understanding of economics and corporate profits. The dumber the masses, the easier it is for people like Hillary to get away with her demagoguery.

To begin with .. let me tell you that Exxon Mobile made about $39 billion in 2006. Now that's a lot of money, isn't it? Does that profit figure give you enough information to determine whether or not Exxon Mobile made too much? Too little? Just enough? Some of you who are reading this are unfamiliar with my radio show. Perhaps you haven't read Nealz Nuze before. So ... let me ask you this. You now know what Exxon Mobile's profit was. Can you tell me what their profit margin was? Now if you approach the average man on the street and ask them what they think a fair profit for a corporation would be the answer will average out at about 20%. That's right. Repeated surveys show that most Americans think a 20% profit margin would be a fair figure for most American corporations. Well, as of the end of Exxon Mobile's third quarter of 2006 their profit margin was 11.46%. That's quite a bit below the profit margin of many huge finance corporations and banks.

I'm not sure what Exxon Mobile's profit margin was when you factor in the final quarter. My quick calculations show it to be somewhere between 10 and 11%. That, clearly, is too high for Hillary. A profit margin that high means that Hillary wants to move in and "take" the profits. She has things she wants to spend that money on. Never mind the retirement funds who depend on corporate dividends paid from these profits to write retirement checks. Never mind individual investors who use the dividends from these profits to pay bills. Hillary doesn't care about these people. She cares about power. She knows that Americans all Americans can see is that $39 billion figure -- and that their economic ignorance can be manipulated for votes. To manipulate these people all The Hildabeast has to do is get up there and talk about "taking" profits away from evil, rich corporations.

Music to an uneducated public's ears.


boortz.com: Nealz Nuze February 06, 2007

[Army_of_One]

I wonder if she thinks she can take the profits of a corporation and do with them what she wants how she feels about tax payers she thinks make too much money. I guess those are the "excess profits" Teddy K. was speaking of.

[TexKan]

Informative post - I was kinda wonderin bout that speech too - I am having trouble with her when she is screamin and pounding the air - I like Hillary but have trouble taking her seriously when she's trying to make a point - she almost is getting too worked up for me - I liked her enterance into the race - I think she did that well - but my doubts are startin to grow! See - I do pay attention on occasion!! LOL

[Army_of_One]

Also...did you know that Exxon paid about 100 BILLIONin taxes...yeah, that's right...100 Billion DOLLARS. So who was saying what about the tax loop holes for the big corporations??!?

[TexKan]

There are still tax loops and you know that - now don't go thinkin I'm jumpin on the Republican band wagon yet!! You know how middle of the road I am!!

[Highwayman]

Keep in mind that this is the profit of what used to be two separate companies. It stands to reason why the total dollar figure is higher. Also keep in mind that after adjusting for inflation that we pay less for gas now than we did when Jimmy Carter left office.

People like Hillary appear to believe that all money belongs to the government and we should just get an allowance out of our wages. Think about this, whenever a tax cut is discussed all you hear is “How are we (government) going to pay for it?” have you ever heard politicians ask how we the tax payers are going to pay for any tax increase that they talk about?

[TexKan]

I think the whole point is that you the voter is supposed to think of yourself as the goverment - I believe they ALL run telling you that you are the goverment............ even those that don't believe it...........

[Army_of_One]

Originally Posted by TexKan

I like Hillary but have trouble taking her seriously when she's trying to make a point - she almost is getting too worked up for me - I liked her enterance into the race - I think she did that well - but my doubts are startin to grow! See - I do pay attention on occasion!! LOL

What is it that you like about Hillary, I'm curious.

If you have trouble taking her serious when she is trying to make a point (kind of what most Senators spend most of their time doing...)do you not take her serious as a Senator? How about as a presidential candidate? You said you like her entrance into the race but you don't take her serious when she tries to make a point.... Help me out here.....

[Army_of_One]

Originally Posted by Highwayman

Keep in mind that this is the profit of what used to be two separate companies. It stands to reason why the total dollar figure is higher. Also keep in mind that after adjusting for inflation that we pay less for gas now than we did when Jimmy Carter left office.

People like Hillary appear to believe that all money belongs to the government and we should just get an allowance out of our wages. Think about this, whenever a tax cut is discussed all you hear is “How are we (government) going to pay for it?” have you ever heard politicians ask how we the tax payers are going to pay for any tax increase that they talk about?

Not to mention their profit margin is less than that of some of the larger banking giants....BUT you don't see Hillary going after them and their "excess profits"...you don't hear anyone screaming about how major banks make billions off the backs of the little guy....I believe she doesn't go after their "excess profits" because she gets MUCH support from the banking industry, check out who puts money in her pocket.

Hillary Clinton: Campaign Finance/Money - Contributions - Senate 2006

Lawyers and Banks/Securities alone account for about 70% of her total contributions. Not only do they account for a majority of her money but she is #1 in donations from these industries.

[TexKan]

She is usually pretty soft spoken - when I saw here bangin her fists and such - she just lost me - I liked how she opened up the on line chat when she first started. She was open and friendly - don't care if it was scripted or not - she came across as approachable.

During her speech about Exxon and such she came across as radical - the first time I saw that was whenshe was talkin about the war - her infamous - "if this congress can't end the war - if I'm elected I'll end it in 2009" The way she delivered that just wasn't right with me. What can she possibley do to end it other than cut and run??? That's not facing the challanges as I think we should. I don't know the solution but cuttin and runnin isn't an option with me.

So AOO - my opinions are flexable - but they do form how I view someone and how I vote when the time comes.