"I am not embarrassed," he said. "This is no windfall."
That was January 1974, a few months after Arab oil producers cut back on
supplies and imposed their short-lived embargo on exports to the United
States. Oil executives, including J. K. Jamieson, Exxon's chief executive at
the time, were put on the defensive, forced to justify their soaring profits
while the nation was facing its first energy crisis.
Three decades later, their successors are again facing contentions that oil
companies are making too much money and have failed to expand production.
http://www.commondreams.org/cgi-bin/print.cgi?file=/headlines05/1028-01.htm
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"Those seeking profits," Jefferson wrote, "were they given total freedom,
would not be the ones to trust to keep government pure and our rights
secure. Indeed, it has always been those seeking wealth who were the source
of corruption in government. No other depositories of power have ever yet
been found, which did not end in converting to their own profit the earnings
of those committed to their charge."
http://www.commondreams.org/views04/0618-03.htm
--
Virtually all of the specific economic policies advocated by the Italian and
German fascists of the 1930s have also been adopted in the United States in
some form, and continue to be adopted to this day. Sixty years ago, those
who adopted these interventionist policies in Italy and Germany did so
because they wanted to destroy economic liberty, free enterprise, and
individualism. Only if these institutions were abolished could they hope to
achieve the kind of totalitarian state they had in mind.
http://www.banned-books.com/truth-seeker/1994archive/121_3/ts213l.html
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