Oil Execs called to account for huge salaries, tax breaks


	Oil Execs called to account for huge salaries, tax breaks

masbury

4-3-2008 12:00 AM

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tags:

economy, politics

masbury says:

Received $18billion in corporate welfare while profits highest ever. Republicans made the real welfare state.

1 Comment |

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4-3-2008 8:42 AM

tabsey

Have to get something for not only talking to but also funding, GWBush.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8916e6ff-4c2f-470f-b16a-9ab4d4c3b258/4E15FF40-8343-477B-9DBB-0CAE03EE18B9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.democracynow.org/2008/4/2/oil_execs_asked_to_justify_huge" href="http://www.democracynow.org/2008/4/2/oil_execs_asked_to_justify_huge" style="font-size: 11px;">www.democracynow.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.democracynow.org/2008/4/2/oil_execs_asked_to_justify_huge"><H2 class="segment">Oil Execs Asked to Justify Huge Profits at Congressional Hearing</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.democracynow.org/2008/4/2/oil_execs_asked_to_justify_huge"><P>The executives of the five biggest oil companies—Exxon Mobil, Royal Dutch Shell, BP, ConocoPhilips and Chevron—were called to testify at a congressional hearing on Tuesday. Lawmakers took them to task for making enormous profits but investing next to nothing in renewable sources of energy. They were also called to justify why they got $18 billion in tax breaks last year when their profits had hit $123 billion and oil prices had reached runaway highs. We speak with Steve Kretzmann of Oil Change International. [includes rush transcript]</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4E15FF40-8343-477B-9DBB-0CAE03EE18B9/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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