Extreme Liberal's Blog

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Republicans Vote To Send Your Tax Dollars To Big Oil – Who Are Earning Record Profits!

Isn’t it about time we start cutting corporate welfare? Why should the American people subsidize an industry that is raping us all and raking in profits like never before? Oh wait, that’s right, because Republicans would rather cut programs that support women, children, the disabled, homeless people, starving Americans, people freezing in their homes and education instead of taking one penny from the richest corporations in the country. Exxon-Mobil paid no taxes in 2010, how about you? From Steve Benen at the Washington Monthly…

For the typical American, I suspect this will seem hard to understand. In the face of fiscal challenges, Republicans are ready to slash funding in education, health care, job training, and national security, but they’re not willing to end taxpayer subsidies — our money — for the oil industry? An industry that’s already enjoying extraordinary profits?

Also note, ending the subsidies would save the federal government tens of billions of dollars, making a significant dent in the deficit-reduction campaign that Republicans pretend to care about. It’s a reminder that the GOP’s commitment to fiscal responsibility is shaped in large part by who’ll suffer as a result of the cuts — working families can feel the brunt of the budget ax, under the GOP vision, but Exxon-Mobil can’t.

 

March 2, 2011 Posted by | Politics, Republican Party | | 1 Comment

Give It Back Big Oil – President Obama Proposes Rolling Back Tax Breaks to Big Oil

Hell ya. Stick it to those bastards. Dick Cheney is probably hyperventilating and dreaming up his next attack, through his daughter. This story is from Raw Story, here is a piece of it.

President Barack Obama says it’s time to roll back “billions of dollars in tax breaks” for oil companies and use the money for clean energy research and development.Obama made the comments Wednesday in prepared remarks for a speech at Carnegie Mellon University in Pittsburgh.

He said the catastrophic Gulf oil spill shows the country must move toward clean energy by embracing energy efficiency, tapping natural gas and nuclear power and eliminating tax breaks for big oil.

Obama said that the Gulf spill “may prove to be a result of human error – or corporations taking dangerous shortcuts that compromised safety” – but that deepwater drilling is inherently risky and America cannot rely solely on fossil fuels.

He also vowed to make a new bid to push energy legislation through Congress, saying the US oil “catastrophe” showed America could no longer be hostage to fossil fuels.

Oh the heads are spinning at Faux News, they will try to ramp up their call for impeachment because of the Sestak thing, fine, spin your wheels you idiot Republicans. I hope you all obsess over this non-story and until the election, us Democrats will offer solutions while you all play your little games. A word of advice, you already have the nuts on your side, maybe you should try to attract the “non-nuts” in the country, I’m just saying.

June 2, 2010 Posted by | Politics | , , | 13 Comments

   

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