Obama is Bush part 3

Oil Company Economics

Do any of these socialists -- sorry unbiased journalists -- stop to think who owns Exxon and Chevron? Whose "windfall profits" are they wanting to tax?

Someone at the NYTimes ought to look at all the pension funds, insurance funds and mutual funds where Americans (and NY Times readers and "journalists") have our money.

The largest cap company in the S&P is Exxon Mobil.

So how many NY Times journalists will it take to figure out the largest holding in every S&P500 and quasi S&P fund in the country? No cheating now...

The NY Times isn't losing readers just because of the internet. They are losing readership because their reporting is nothing short of moronic; their "journalists" have less ability to connect the dots than does the CIA.

Of course, a truly investigative journalist (or anyone who is literate) could easily look up what happened in the 1970s, the last time we imposed windfall profits tax on oil companies. US oil companies lost market share, while foreign state run oil companies gained market share. Some of these windfall profit winners diverted some of their profits into funding extremist schools and indirectly terrorism.

So you have to infer the NY Times would rather support terrorism against Americans, than a fiscally prudent retirement for Americans.