Quote:
Originally Posted by RichieLion
This chart shows who owns shares in oil companies, and in calling for tax increases on "Big Oil" you may be damaging your own portfolio or weakening your pension fund. It's something to consider amid all these sound bites from the main stream media.
http://www.api.org/statistics/earnin...erspective.pdf |
It's not in their mental makeup to understand that "Big Oil" is a corporation that has only one responsibility. Their shareholders. Some of the largest shareholders are Stock Mutual Funds, Pension Funds, and individual investors.
If they absolutely can't stand it any more than that, perhaps they should try investing and reaping some of those "Big Oil" profits.
They just hate anything that can be labeled "Big" anything. What they really want is to "Spread the Wealth Around" without any of the risk. You can't fix stupid.