Ah, and just who decides what is "excess profit"? And the result of that excess profit law on oil resulted in gas shortages here in the US. My parents made a trip from Denver to Northern Maine and they could drive only every other day and at 55 mph. On the return trip they drove through Canada where there was no gas rationing plus they could drive 100 kph (62 mph) legally. Well, only until they got to Detroit and then it was back to 55 and every other day.<quoted text>
Sorry, profit is not evil. You just keep saying it because you are a low level thinker. You think that all business is good and all profit is good. If that was true, Congress would not have needed to pass the 'excess profit' bill after the oil imbargo in the early 1970's and we surely wouldn't of had a company like Enron.
Sorry Thomas, not all business is good....there are evil ones out there as well.
And Enron was using a accounting scheme that mislead investors. ANY company can do that but you are upset because they were an energy company and we all know how you feel about BLACK crude oil and BLACK coal!!!