Redstate...
Collective Money!?
When Did Anybody’s Earnings Become the People’s Dollars?
Posted by Repair_Man_Jack
Monday, May 9th
“Big Oil certainly doesn’t need the collective money of taxpayers in
this country,” said Senator Robert Menendez. “This is as good a time as
any in terms of pain at the pump and in revenues needed for deficit
reduction.”
- (HT: New York Times)
It seems that The Democrats have a strategy for addressing the higher
gas prices that are killing American consumers. They intend to blame
oil companies and saddle them with revenge taxes. In fact, the Senate
Finance Committee has plans of hauling the executives of multinational
oil companies to discuss tax subsidies and government incentives at a
hearing on Thursday.
The Democrats are doing this in order to deny oil companies $21Bil in
tax breaks for activities such as R&D and deposit this money into
the Federal Treasury. President Obama wanted the collective money of
the taxpayers to build clean energy projects such as the bird-hacking
windmills built by his close, personal friend Jeffrey Immelt’s GE
Corporation in China.
The Senate decided that exporting the People’s Dollars to China may
prove unpalatable. They intend to earmark The People’s Dollars to
reduce the deficit. Stop!!! Wait one cotton-picking….
Just when in the H_ _ _ did anyone’s profit become The People’s
Dollars? Collective Money! Senator Menendez, this is not The Soviet
Union! - Unless, of course, by our continued reelection of people like
Senator Menendez we’ve made our nation less distinct from The Soviet
Union.
Read it with the Times link at Redstate
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