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Chris Christie Says Capitol Riot 'Driven From the Top'
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<blockquote data-quote="bacha29" data-source="post: 5107742" data-attributes="member: 58386"><p>You're obviously another fair weather free market capitalist. When market conditions favor you then you're a free market capitalist But, when those conditions don't favor you then you look for a political figure to blame it on</p><p></p><p>Earlier this week CNBC had Pioneer CEO Scott Sheffield on. He plainly stated that the industry was under no obligation to produce more oil because it's obligation is to shareholders. Pointing to having to endure 3 oil market collapses over the past 11 years he made it abundantly clear that the first priority of his company and the industry as a whole was to restore and preserve shareholder value. </p><p>So it only stands to reason that in a free market economy the market is your friend only part of the time.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5107742, member: 58386"] You're obviously another fair weather free market capitalist. When market conditions favor you then you're a free market capitalist But, when those conditions don't favor you then you look for a political figure to blame it on Earlier this week CNBC had Pioneer CEO Scott Sheffield on. He plainly stated that the industry was under no obligation to produce more oil because it's obligation is to shareholders. Pointing to having to endure 3 oil market collapses over the past 11 years he made it abundantly clear that the first priority of his company and the industry as a whole was to restore and preserve shareholder value. So it only stands to reason that in a free market economy the market is your friend only part of the time. [/QUOTE]
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