June 10, 2010

Vermont's Lone Congressman on Fox News

Vermont Congressman Welch's call for BP, (a worldwide company based in Great Britain) to eliminate stock dividends and stop advertising (assuming only in the U.S.) meets strong resistance from Neil Cavuto at Fox News.

Is this a typical political ploy by the politician, Welch, to attract attention or does he really believe that the U.S. Congress should be in control of decisions that are legitimately made by a worldwide company's board of directors?

Watch the video and see if you believe that Welch's arguments are economically or legally valid. Cavuto may be baiting Welch, but Welch's arguments seem feeble.

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