Obama seeks halt to tax subsidies for oil industry

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Flesh Thorn
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Obama seeks halt to tax subsidies for oil industry

Post by Flesh Thorn »

WASHINGTON – President Barack Obama is calling anew on Congress to end tax subsidies for the oil and gas industry, saying the nation needs to develop alternative sources of energy in the face of rising gasoline prices.
Obama said Saturday in his weekly radio and Internet address that he expected Congress to consider in the next few weeks halting $4 billion in tax subsidies, something he hasn't been able to get through Congress throughout his presidency. He said the vote would put lawmakers on record on whether they "stand up for oil companies" or "stand up for the American people."


Read more: http://www.foxnews.com/politics/2012/03 ... z1pNLrpyBT
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Steadfast
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Re: Obama seeks halt to tax subsidies for oil industry

Post by Steadfast »

I thought the oil companies are American people.
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colt1rgr
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Re: Obama seeks halt to tax subsidies for oil industry

Post by colt1rgr »

I swear I truly believed at first he was just stupid and that was why he was hiding his supposed college transcripts / degrees and only saying what he could readily recite off a teleprompter or cue cards. Now I am quite sure he's a traitor, hell bent on the total destruction of the US. As Dick Morris said this week, if he does lose the election he will launch a "scorched earth policy" in his remaining months we may never recover from. I'm more inclined to bet he declares a national emergency, invokes his new found powers under the NDAA and declares himself "Chairman" just like his hero Mao. :x
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Lefty
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Re: Obama seeks halt to tax subsidies for oil industry

Post by Lefty »

colt1rgr wrote:I swear I truly believed at first he was just stupid and that was why he was hiding his supposed college transcripts / degrees and only saying what he could readily recite off a teleprompter or cue cards. Now I am quite sure he's a traitor, hell bent on the total destruction of the US. As Dick Morris said this week, if he does lose the election he will launch a "scorched earth policy" in his remaining months we may never recover from. I'm more inclined to bet he declares a national emergency, invokes his new found powers under the NDAA and declares himself "Chairman" just like his hero Mao. :x
Look up "Enabling Act" ca. 1933
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rgrokelley
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Re: Obama seeks halt to tax subsidies for oil industry

Post by rgrokelley »

This ought to lower gas prices immensely!
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colt1rgr
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Re: Obama seeks halt to tax subsidies for oil industry

Post by colt1rgr »

Lefty wrote:
colt1rgr wrote:I swear I truly believed at first he was just stupid and that was why he was hiding his supposed college transcripts / degrees and only saying what he could readily recite off a teleprompter or cue cards. Now I am quite sure he's a traitor, hell bent on the total destruction of the US. As Dick Morris said this week, if he does lose the election he will launch a "scorched earth policy" in his remaining months we may never recover from. I'm more inclined to bet he declares a national emergency, invokes his new found powers under the NDAA and declares himself "Chairman" just like his hero Mao. :x
Look up "Enabling Act" ca. 1933
Yep! EXACTLY! er, I mean "Hail OBAMA!!" :|
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"Life is like a drop zone, sometimes you just miss the whole damn thing!"
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