Obscene Non-Profits
You will recall a month or so ago, when Exxon reported profits in the tens of billions, much of the political left was outraged. How dare these malefactors of great wealth make profits during times of horrendous price increases in gasoline!
Observe that, in exchange for the money, Exxon (and other oil companies) at least offered something in return: gasoline and other petroleum products.
Now, let’s fast-forward to today, when the federal government is handing out 700 billion dollars in loot to its fellow pirates on Wall Street.
What is Wall Street offering in exchange for the loot? Gasoline? Food? Anything of value?
Nope. Wall Street firms get loads of cash, with no accountability. No questions asked. No need to produce anything of value. Just gimme the cash, Bub.