Biden bloviates: Calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax

U.S. President Joe Biden on Monday called on oil and gas companies to use their record profits to lower costs for Americans and increase production, or pay a higher tax rate, as he battles high pump prices with elections coming in a week.

Biden calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax

One thought on “Biden bloviates: Calls on oil, gas companies to stop ‘war profiteering,’ threatens windfall tax

  1. Reblogged this on Unorthodox Truth and commented:
    With C-capitalism leading us into the future we automatically become prey to profitability at the expense of citizen participation aka democracy. If the government on our behalf does not control /manage capitalistic tendencies wealth and power become the guiding principles driving ultimately anti-human and anti-planet policies [eg CV-19 and Ukraine]. Profit is not only anti-democracy, it is also anti-human. The Patriot Act, for instance, is a profit-led usurpation of democratic process forced on Congress by the imbalance of power enabled by Congress as prey

    Liked by 1 person

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