Windfall Losses

Just a few months ago, our politicians were screaming about "Windfall profits" of the Big Oil. They claimed that the greed led to the huge profit margins of the big oil and how they need to pay their fair share back to the American people.

Now pretty much the same politicians are claiming that Wall Street greed is causing those catastrophic losses.

So, is it fair to ask if Congress deems that Windfall profits be taxed, should windfall losses be compensated?

While our pols were hyperventilating about Windfall profits of Big Oil, oil quickly moved below $100 a barrel. And nary a peep about how that happened.