Wednesday, May 18, 2011

Republican/Teabaggers own the Big Oil Subsidies

Because gouging Americans to benefit their rich corporate buddies is what they are all about.
The Senate on Tuesday blocked a Democratic proposal to strip the five leading oil companies of tax breaks that backers of the measure said were unfairly padding industry profits while consumers were struggling with high gas prices.

Despite falling eight votes short of the 60 needed to move ahead with the bill, top Democrats said they would insist that eliminating the tax breaks to generate billions of dollars in revenue must be part of any future agreement to raise the federal debt limit.

“We have to stand up and say, ‘Enough is enough,’ ” said Senator Al Franken, Democrat of Minnesota. “While oil prices are gouging the pocketbooks of American families, these companies are on a pace for a record profit this year.”
Two oil state Democrats joined the Republican/Teabaggers. This was expected because they owe so much to Big Oil they dare not cross their corporate masters. Sen. Ben Nelson and his Famous Dead Rat also joined in though his motivation is unclear. What is clear is that Republican/Teabaggers don't give a damn for the debt or the country. Fortunately for them, their supporters are too damn dumb to figure it out.

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