Yep Big Oil companies here in the US will continue to get their $4B in subsidies. You know they will go broke if they don't get that from the US taxpayer every year. Never mind how much profit they are making. Most all the Republicans and a few Democrats voted to not take them away. You know if they did they would lose several hundred millions of dollars in campaign contributions and gifts. Now that there is no limit to how much an organization can donate, it is much easier to buy politicians and a whole lot easier for our members of congress to sell their souls.
Obama and others has asked to take this away but no way! Doesn't seem to bother these members of Congress to cut Medicare and other programs that the elderly and needy use.
Companies like Exxon must really need the subsidy. They can't seem to make enough profit to ever pay any taxes. Poor folks. Maybe we ought to give them a few more billions just to make sure they can continue to operate!
Maybe we will have nationalize the oil here in the US just like they have had to do in other countries. This would never solve all the problems but may help. Who knows!!!!
No comments:
Post a Comment