shiva2999 Posted November 2, 2022 Share Posted November 2, 2022 Could it be there's an election a week away? https://www.rt.com/news/565702-biden-tax-war-profiteering/ 1 Nov, 2022 03:01 HomeWorld News Biden threatens new tax to end ‘war profiteering’ Record oil industry profits are 'hard to believe,' the US president has said US President Joe Biden has vowed to impose new taxes to restrain the “excess profits” of American oil companies, insisting they must help lower prices for consumers, while accusing them of reaping undue benefits from the conflict in Ukraine. The president took the oil industry to task during an address on Monday, speaking alongside Energy Secretary Jennifer Granholm and Treasury head Janet Yellen. He argued that companies have seen “profits so high it’s hard to believe” since fighting erupted in Eastern Europe earlier this year, and must start acting beyond their “narrow self-interest.” “Oil companies’ record profits today are not because they’re doing something new or innovative. Their profits are a windfall of war – the windfall from the brutal conflict that’s ravaging Ukraine and hurting tens of millions of people around the globe,” he said, adding that they have “a responsibility to act in the interest of their consumers, their community, and their country.” The president went on to note the significant earnings reported this year by oil giants like Shell and Exxon, with the former company recently announcing $9.5 billion in profit for the third quarter of 2022, almost doubling what it made during the same period last year. Exxon, meanwhile, said it brought in $18.7 billion in profits the last quarter, “nearly triple what Exxon made last year and the most in its 152-year history,” Biden said. “It’s never made that much profit.” ...more... 1 Quote "The Zarqawi PSYOP program is the most successful information campaign to date." ~ Gen. Mark (Killer) Kimmitt http://www.bibliotecapleyades.net/archivos_pdf/911_newpearlharbor.pdf http://www.cooperativeresearch.org/project.jsp?project=911_project Link to comment Share on other sites More sharing options...
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