Well in this case, Congress decided that the oil companies were gouging the American people.<quoted text>
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.
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!!!
Your little story about Mom & Dad and their wasteful driving habits is of little concern to me. Hey, you often call yourself a conservative. Aren't conservatives supposed to 'conserve'?
Enron is an example of an evil company that illegally manipulated the market because they were able to do so.....all in the name of enriching themselves. Hey, weren't they good buddies with GW Bush?