Suppose you own a business. You invest, take risks. You labor. You make handsome profits.
And now a politician walks into your business. He or she says “I want to take those profits and I want to put them into ...”
How do you think you might react?
By now you may have read this was Hillary’s reaction to the massive profits reported by Big Oil recently.
She spoke to the Democrats’ national committee folks. She said “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; alternatives and technologies that will begin to actually move us toward the direction of independence.”
If you own a business, this ought to chill you to the bone. A person who may some day lead your country feels she has a right to your profits. She feels she has a better idea for their use. And she feels that should empower her to take them.
I cannot remember when a mainline politician sounded so much like Karl Marx.
Now you may say “This only applies to Big Oil.” But how can you possibly know that?