Make no bones about it, she is a dyed-in-the-wool socialist

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 ... technologies that will begin to actually move us toward the direction of independence.

I had a rant on this rather old news, but it was so laced with profanity that my readers may have thought Amanda Marcotte had started guestblogging.

The short of the matter is this - The government is in no position to take any company's profits. I could completely understand (and approve) of rescinding tax breaks or even requiring payback of them, but you cannot arbitrarily take money from a company and redistribute it towards your own pet projects.

James Pethokoukis at USNews sums it up well

Why stop there? Why not confiscate a portion of Google's fat annual profits–the company's 2006 earnings were some $3 billion on revenue of $10.6 billion–and use it for some relevant national goal? The search-engine company is, after all, profiting from technological infrastructure it didn't even build, an "information superhighway" (to use a quaint term) that came out of a government defense project. It's time to pay Uncle Sam back.

That's the problem with most socialists / nanny statists these days. They always assume the government is only ever going to over tax the 'evil' corporations, but as soon as you give the government more power, you allow the opposing party the same reach when they return to power.

It is in everyone's best interest, Democrats and Republicans alike, to limit the power of government, especially the federal government.

Right now, with Hillary / Obama on one side and Gulianni / McCain on the other, I have absolutely no desire to vote come 2008. God willing we'll have a decent alternative to cast a vote for, but the Greens and Libertarian party can't seem to recruit anyone who doesn't don a tin-foil fedora in the morning, so I'm not holding out much hope.