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| Dr. Strangelove attacks US Oil, Gas Tax Breaks |
| 2009-03-05 |
| U.S. oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. Treasury Secretary Timothy Geithner told Congress on Wednesday. Tim knows as much about global warming as he does about filing his own taxes. He does seem to know a lot about expanding the power of the state while strangling the economy. |
| Posted by:Anguper Hupomosing9418 |
| #7 Shut up and get back to wrecking the economy. |
| Posted by: regular joe 2009-03-05 21:19 |
| #6 How many years after the nationalization will government conclude that they actually need to drill instead of railing against drillers? And will they have any money to reverse policy with, or will they just look wistfully at all the drilling rigs that used to be offfshore of the US, and are now offshore of Brazil? (For those who don't know, _today_ some 70% of the world's deepwater drilling capacity is currenty under contract to Petrobras). |
| Posted by: Thing From Snowy Mountain 2009-03-05 16:03 |
| #5 What will it take for the government to conclude that nationalization of the domestic oil industry is the solution to some perceived problem (lines, high prices, CO2 emissions, etc.)? |
| Posted by: Glenmore 2009-03-05 13:01 |
| #4 Apart from the obvious dumbness here, I've always thought it was a pernicious idea that a tax break is a "subsidy". The implication is that all money belongs to the government, and we only get to keep anything due to its sufferance. |
| Posted by: charger 2009-03-05 11:56 |
| #3 So who gets Saudi donations? |
| Posted by: g(r)omgoru 2009-03-05 10:21 |
| #2 We import most of our oil and gas. Why is local production always seen as particularly damaging to the greenhouse effect or the ozone layer? |
| Posted by: Thing From Snowy Mountain 2009-03-05 10:04 |
| #1 STFU and stick to the economy asshole. |
| Posted by: HammerHead 2009-03-05 08:51 |