Posted on 03/17/2012 12:44:20 PM PDT by bestintxas
How are his oil investing buddies George Soros and Warren Buffett making out?
**Obama: End tax breaks for oil companies**
Why:
So the common folks like us can pay more for gas?
Obortion O, you are nuts.
The marxist Kenyan Clown hates our free market system as well as our capitalist roots.
But the Kenyan Clown truly shows himself to be an idiot when he tries to make the nonsensical argument that raising the costs for oil companies will magically lower the prices that an oil company charges.
Far and away the industry with the wealthiest CEO’s and biggest nbrs of 1%ers is the Hollywood Entrainment Industry.
End the tax breaks to Hollywood.
I TRUST “Big oil” more than I trust his administration. In fact, I don’t trust the Obama adminstration at all.
Well said......:O)
Shorter Obama:
End tax breaks for oil explorers... but give billions of taxpayer dollars to bankrupt solar companies run by my fat-cat donors.
Man, I think I wrote that post, or one exactly like it!
Obama acts like someone using cocaine. Especially the grandiosity part.
I agree, but with an important proviso. End tax breaks for the oil companies while ending all drilling restrictions, both on and off-shore.
On this general topic, huge swaths of the populace seem entirely ignorant of basic supply and demand concepts and truisms.
Oil companies and all other large corporate entities pass on expense and any reduction in government subsidies to consumers. A very simple concept.
Why would Obama pull for something like this at this time?
It’s sort of like his agenda trumps everything else in a big way - like he’s Godlike in some way. We seem screwed.
You probably did. It’s a great quote.
He’s not insane. He’s a Machiavellian degenerate.
He’s an America hating, Muslim sympathizing, evil Marxist bastard.
you are SO good w/words!!!!!!!!
A report by the nonpartisan Congressional Research Service last year found that eliminating the subsidies would likely result in higher gas prices in the short term.
That’s a damned lie. It will lead to higher energy costs across the board permanently
He is obviously ready to retire.
He WANTS to lose the election.
——The complete idiot must be alone in the world if the thinks this will lower gas prices.——
Obama knows perfectly well that raising taxes or ending tax breaks for big oil will not lower prices...they simply pass on the cost of doing business and quite frankly it will hardly affect the price at the pump at all...
He thinks that if enough of “ we the people “ will buy that swill and the media will repeat until it’s the gospel truth to the ignorant or worse
It’s just part of his class warfare rhetoric to obscure the the fact he wants to raise gas prices to make his green energy initiatives more viable
Why would Obama pull for something like this at this time?
Because he knows Romney can’t win the general election
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