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T Wolf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-03 03:41 PM
Original message
hate to do this, but
got a constructive idea from the FreePuke site. Actually, they seem to like to put up an entire article (not snipped like here) and then go off against it.

It was an article from the Oregonian. Anyway, here it is...


Put a cap on war-based hyper-profits
The Oregonian ^ | 09/23/03 | Robert Landauer

Congress did it in World War I.

And in World War II.

Again in the Korean War.

Why not now?

The United States is at war in Iraq, in Afghanistan and globally against terrorism. President Bush confirms the ventures' seriousness by asking Congress for an extra $87 billion of military- and reconstruction-related funding plus $41.3 billion for the Department of Homeland Security.

<snip>

...An excess-profits-tax bill should be introduced into the House of Representatives and acted on without delay. No war-related contract should be awarded or extended without provisions indicating that the deal will be subject to any excess-profits ceilings that Congress enacts. Robert Landauer: 503-221-8157, or 1320 S.W. Broadway, Portland, OR 97201 or robertlandauer@news.oregonian.com

It seems like a valid thing to do. Even "patriotic."
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Qutzupalotl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-03 03:45 PM
Response to Original message
1. That is a good idea.
To me, war profits seem like blood money. But there are interests on the other side who feel that war profits should be completely unregulated. Having a cap is a compromise, splitting the difference between those two points of view.
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proud patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-03 03:45 PM
Response to Original message
2. That would work if
the white house wasn't keeping all the documents secret .
They won't disclose how the contracts were drawn up.
They say it's a secret, and the reason it's secret is secret.

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boxster Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-03 03:45 PM
Response to Original message
3. I wouldn't be completely surprised
if Halliburton, et al, are getting this money tax-free. If not, I'm sure * has instituted enough loopholes to write it all off.
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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-03 04:20 PM
Response to Reply #3
5. Of course it's tax free ~ Halliburton is a foreign Corp. It's office is in
The Cayman Islands. It pays no US Taxes. Cheney was CEO when it moved it's offices offshore to evade taxes. Very few big GOP donars are American Corporations. They all are offshore. Patriots all thru and thru.
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izzie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-03 03:58 PM
Response to Original message
4. I bet it could be done
Most GOP are no richer than we are, and it is just that super rice guys that make out anyhow. Both Dem and Rep are getting pink slips.
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