For those of you who thought Hillary was quoted out of context or had her words unfairly twisted after her speech at the Democrat winter meeting about seizing oil industry profits to fund her favored government projects, let this email from her Presidential campaign (which I just plucked out of my spam filter) set your minds at ease:

Dear Rob,

It’s time to end our country’s dependence on foreign oil. Unstable prices at the pump are a burden for families. Our dependence props up extremist regimes that threaten our national security. And the threat to our environment from burning fossil fuels is very real.

Solving this crisis will take genuine leadership. Hillary has proposed a plan to help end the cycle of dependence: put some of the oil industry’s windfall profits into a fund that would help develop practical new sources of renewable energy.

Although it’s a simple idea that can have a big impact, that’s apparently the last thing some people want. After Hillary announced her proposal, the same Republicans who have neglected energy policy came out of the woodwork to denounce her plan.

But we’re not interested in right-wing attacks. We want to know what you think about Hillary’s idea. Should we use some of the oil company’s record profits to fund alternative energy research? What are some other ideas to reduce our dependence on foreign oil?

Continue the conversation today at our website:

http://www.hillaryclinton.com/oilprofits

We’re looking forward to seeing what you have to say.

Sincerely,

Peter Daou
Internet Director
Hillary for President Exploratory Committee

Make no mistake about it.  Hillary wants to seize the legally-earned, already-taxed profits from oil companies and use them to fund alternative energy projects that may or may not be economically viable and would probably only be receiving government largess because they were the most successful in greasing the palms of Hillary and her cohorts with the proper amount of lobbyist love.

And Hillary is saying this despite the fact that oil companies already pay more in taxes than they make in profits.