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POPSThank You, Big Oil Ms. Clinton says, "We need a president who's a fighter, who will take on the oil companies." What we need is a president who will take on the US Congress and get them to stop strangling both the American public and energy companies with taxes and regulations; a president who will call congressional leaders of both parties on the carpet, publicly expose their hypocrisy, and demand that they take immediate action to repeal the smothering burdens they have shackled all of us with and which have caused skyrocketing oil prices. So the next time you feel like blaming the oil companies for the price of gas, why don't you call your congressman instead; I suggest that you get down on your knees and thank God for the brilliant minds of oil company engineers, geologists, chemists, and executives who - in spite of the US Congress - have the creativity and courage to provide the energy that keeps all of us alive and enjoying our modern way of life.
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POPSBattle Of the Proxy Incumbents Fiction can be fun! Ultimately though, this fanciful bit of twaddle is unlikely to stick, what with McCain's voting record so thoroughly refuting it. And in a lot of ways, that's too bad. If only we could look back at McCain's votes and comments on the wildly effective investment income tax cuts and find a man who embraced pro-growth fiscal policy as eagerly as Bush, we might be better assured of the continuity of certain beneficial policies that Obama so laments.
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POPSThe Price of Gas Again, while just over nine percent of the price of a gallon of gas goes to oil company profits, approximately twenty percent of the price of a gallon of gas is composed of federal, state, and local taxes. Those who want the government to step in and do something about the high price of gas are either forgetful of recent history or too young to remember the oil crisis of 1979. During that time, restrictions on the price of gasoline led to the inability of some to find gas at all. Price ceilings always lead to shortages. The only thing worse than having to pay "too much" for gas is not being able to find gas at any price. Let us not be swayed by politicians out for power or by reporters out to create news where none exists. Facts and economic logic should prevail rather than rhetoric.
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POPSThe Riches of Socialist Britain Meanwhile, this parody of a Labour government has increased taxes on the poorest segment of society who are already hit by massive inflation on the most basic of survival resources such as food.
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POPSBig Taxing, Big Earmarking, Big Congress Grills Big Oil (continued) will Rep. Walden agitate for lower tax rates? What about Walden’s earmarks of over $46 million? Will he think about lowering his earmarks, in light of the federal government’s record profits? * * * * * As Ronald Bailey of Reason writes: “Finally, if Congress wants to blame someone for high oil prices, blame the benighted oil producing countries that have underinvested in oil production for at least a decade. But Congressional grandstanders can’t haul the likes of Venezuela’s Chavez, Russia’s Putin, and Iran’s Ahmadinejad to their hearing rooms.” The spectacle of the House blaming the oil companies in a free market for high prices would be bizarre, if it didn’t happen so often.
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POPSCongress Punishes American Oil.............by Steve Forbes
continued>>by putting a handful companies at the mercy of competitors across the globe. Even more outrageous, foreign oil companies, including Citgo, owned by the government of Venezuela, will not lose the deduction. In other words, foreign oil companies with US production will actually pay a lower tax rate than American companies. How can members of Congress support legislation that will reward companies such as Citgo, while placing U.S. companies at a competitive disadvantage? In their zeal to punish "big oil" members of Congress have made a mockery of our energy policy. What few in Congress have talked about is that millions in subsidies will go to large and successful companies. These companies have been at the forefront of the lobbying campaign for this legislation. So despite all the talk of promoting renewable and alternatives, it's nothing more than another congressional debacle to transfer wealth to favored interest. Revisiting the mistakes of the 1970's..........
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POPSFilthy Lucre
Alaska's oil-happy pols are ensnared in scandal However the scandals fall out, environmentalists can actually look forward to a cleaner brand of politics emerging up north. Squeaky-clean governor Sarah Palin (R) called the legislature into special session and got a new oil-tax law that raised taxes and tightened loopholes. And a new statewide poll shows both Don Young and Ted Stevens trailing likely Democratic challengers in this year's election.
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POPSThe next time you fork it over at the pump remember the $40.6 billion Exxon got It’s a simple fact of life. Oil companies need huge profits to counter the insane wishes of the citizenry like alternative energy, universal health care, demcoracy and human rights. The current system in which the government taxes the middle class (and a token tax from the wealthy) to give back to the rich via no-bid military contracts and Homeland Security is under attack by grass root movements and radical authors. Democracy is a terrible thing for corporate profits and that’s why corporate America supports the most ruthless dictatorships in the world. Show your support for a corporate world by buying a gas guzzling SUV or still better… a motor yacht! Buy, buy, buy anything you can before our resources run out and finally be a good corporate citizen
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POPSAlaska Republicans, "I'll sell my soul to the Devil". - Done Deal! More: Officially, the scandal has remained confined to Juneau, where Alaska lawmakers had grown so accustomed to operating under the presumption of impropriety that several of them embroidered ball caps with the letters CBC, for "Corrupt Bastards Club." (An Anchorage coffeehouse now offers Corrupt Bastards Brew.) the investigation is brushing against Alaska's lone congressman, Don Young (R), and its longtime and venerated senator Ted Stevens (R) Ben Stevens, the senator's son and a former Alaska Senate president, has been at the center of the scandal from the start. When Allen pleaded guilty to bribery and conspiracy charges, he stated that almost a quarter of a million dollars in consulting fees paid to the younger Stevens was in fact bribery "About the only ones that I can trust is you and ol' Ben Stevens," the oil executive told Kott on one tape.
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POPSEuropeans Complain about High Gas Prices Too! From a graph that couldn't be clipped. Price Increase Share of Price from Tax Britain +9.7% 66% France +9.8% 64% Germany +11.7% 64% Italy +7.4% 60% Spain +9.6% 52% United States +23.7% 14% Considering this the U.S. at $3.00 a gallon is paying (3 x 86%) = $2.86 for untaxed gas per gallon. 4.546 litres per gallon As of Sept. 2007 France is paying $1.28 per litre (x 4.546) which equals $5.82 per gallon. But their untaxed gasoline is costing $5.82 x .36 = $2.09 a gallon. That's less than what the U.S. pays per gallon - UNTAXED. So if anyone from Europe is dissatisfied with the price they pay for gasoline, look to your taxes first.
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