Corrupt Republicans Filibuster for Big Oil Welfare

[Alshar]

http://thinkprogress.org/2011/05/17/...re-filibuster/

Industry makes billions per company per quarter in pure 100% profit, pays little taxes and receives 21 Billion in corporate welfare. But hey, we can't afford to give Planned Parenthood 250 million. Republicans, your foot is now in your mouth, and there is absolutely nothing you can say that will change the fact your people just went against the overwhelming public opinion against these subsidies. Any further debate you try to make about balancing the budget and deficit spending is now a hollow pack of lies. Actions > Words.

[Jero]

So you would like to pay even higher gas prices right? You might want to do a little research on that 100% profit statement as well. That is just silly.

[Alshar]

Don't try to delude yourself, this has little to do with gas prices. I'm pretty sure the 12 Billion in profit Exxon made last quarter was lonely, they need the extra 21 Billion in subsidies to keep it company. As stated, there is nothing you can say that changes the fact that Big Oil Senators voted to keep Big Oil on welfare. Facts are facts, and the facts state that these companies make record windfall profits almost every quarter, pay little in taxes, and receive huge amounts of government money every year.

[Deleted]

Would like to know what those subsidies actually were.
But most probably another bad, unconstitutional move, just shows that neither the mainstream republicans or democrats have any intentions to stop the ridiculous spending.

P.S. the fact that Oil companies make profits is completely irrelevant. They shouldn't have gotten them no matter what economic situation they are in.

[Jero]

Right, because they will pay it? Nope, you will pay it. Like I said, do some research and don't just regurgitate what you heard. How much profit does the oil companies make off of each gallon of gas? I am pretty sure it is about 3 cents. How much profit do you think they will make after getting rid of the subsidies? It will still probably be around 3 cents. That increase will be paid at the pump, just like every other tax. You really need to learn the facts. Off to work I go so that I can pay twice the price for my gas because of taxes. Yay.

[Remilia]

The fact that Filibuster even still exist proves a problem. The infamous "talk a bill to death" is one of the worse abomination that the constitution has. This move is just beyond stupid. Also, why the hell didn't the committee actually vote to end the filibuster, (you actually can with majority vote, however it practically makes you unable to filibuster because its hypocritical).

Edit: There's also a reason why a lot of bills in the past has so many earmarks that its retarded (its been less now because Obama is vetoing practically every bill with earmarks). Corruption at its finest, yup...

[Deleted]

Oh so the democrats were trying to shut down a tax-cut, and not cut spending. Should've known.
But tax-cuts for only a few is still unfair for the rest of the competitors, should've applied them to the whole of the industry instead.

[Remilia]

http://www.senate.gov/legislative/LI...00072#position

Vote for the thingy... Pick who you want to hate!

Oh so the democrats were trying to shut down a tax-cut, and not cut spending. Should've known.
But tax-cuts for only a few is still unfair for the rest of the competitors, should've applied them to the whole of the industry instead.

Its to cut out the subsidies for the the 5 major oil companies. Its to reduce or remove the tax payer money going to the oil companies. As far as I know.

[Kalyyn]

Don't act like Democrats are any better. Everyone is corrupt, you just don't care when the corruption matches your interests.

[Remilia]

Don't act like Democrats are any better. Everyone is corrupt, you just don't care when the corruption matches your interests.

Honestly I have wanted for a total rehaul of the current senate / house. The whole democrat / republican thing is in all honesty, pointless.

[Deleted]

Don't act like Democrats are any better. Everyone is corrupt, you just don't care when the corruption matches your interests.

It's not only corruption. Some conservatives vote for every tax cut no matter who is recieving it.

[slowside]

So you would like to pay even higher gas prices right? You might want to do a little research on that 100% profit statement as well. That is just silly.

100% is an exaggeration, but have you actually looked at the revenue for BP, Chevron, ExxonMobil, Shell or Conoco? Exxon reported over $10 BILLION in profit last quarter.... $10 BILLION dollars a quarter in profit & you think they NEED tax breaks & subsidies ? Their worst quarter was in 2009 when they ONLY reported a $2.6 BILLION dollar profit, by the way, they didn't have to pay ANY taxes on that $2.6 BILLION, none... I sure wish I could make that kind of money and not pay taxes.

DO I want to pay higher gas prices... No, obviously not... BUT if I have to make a choice between our government bending to the will of a company, and cutting funding from useful programs so they can make room for this kind of crap and higher gas prices.... I'll take higher gas prices.

[huth]

So you would like to pay even higher gas prices right? You might want to do a little research on that 100% profit statement as well. That is just silly.

Oh noez, de gaz is gon be moar x-pansive!

Really, you have far bigger problems than that. And US gas is dirt cheap anyway.

[Rennix]

They started these tax breaks around 2004, because they believed that it would help to lower gas prices from the oil companies calculations. However it has done the exact opposite...

[Kalyyn]

They started these tax breaks around 2004, because they believed that it would help to lower gas prices from the oil companies calculations. However it has done the exact opposite...

Yeah, talk about some of the biggest jackasses on Earth. Never before have I supported government seizure of private property. Never, until I read up on the oil companies.

[Kronoz]

to the ppl talking about gas prices here in sweden we gonna raise the price to 18-20sek for each liter and thats more then 2dollars/litre and thats sick -.-

[Felya]

Don't act like Democrats are any better. Everyone is corrupt, you just don't care when the corruption matches your interests.

Even if you feel they are all the same, issues such as this one, should really show where they are different. Do you believe that a filibuster, which would essentially stop the government from voting on anything, is worth protecting subsidies that every tax payer pays to oil companies which record billions in profit, yet raise prices regularly? It's once again republicans refusing to even vote on items that would lower the budget.

---------- Post added 2011-05-18 at 01:46 PM ----------

You're awfully polite. Maybe you should provide some argumentation except for calling names.

What happens when you lose your job, less money coming in, while your spending remains the same?

Even if federal spending becomes absolute 0, it will take over 50 years to pay off the debt.

[Deleted]

What happens when you lose your job, less money coming in, while your spending remains the same?

Even if federal spending becomes absolute 0, it will take over 50 years to pay off the debt.

Yes, usually lower revenue leads to lower spending. He's arguing the opposite, that lower revenue leads to higher spending.

Altough the US government has never had any problem spending more than they gain in revenue.

[electrikfuzz]

ITT: Democrats never filibuster anything, just the evil republicans.

[Alshar]

Tax Cuts ARE spending. It's giving away revenue, which is a roundabout way of spending. You can't cut taxes on the wealthy and corporations for 30 years, and expect a budget to remain balanced. The money has to come from somewhere, and since Reagan, that money has come on the backs of the middle class, poor and elderly. Which of course, doesn't work because they have less money to pay into taxes to begin with. Trickle down doesn't work, anyone with half an IQ looking at our budgets over the last 30 years can see that. I'm sorry if you get offended by my statement that you would have to be a moron to not see it, but frankly your side has been playing playground bully for far too long. If you can't take the heat, stay out of the kitchen. The time for polite discourse is over. We live in a Plutocracy, this is an undeniable fact. Reaganomics have ruined this country, and everyone who has voted GoP in the last 30 years is at fault.

And yes, the Dems do filibuster......bad legislation by evil Republicans