If you're feeling the pinch of rising gasoline prices this summer, here's all you need to know. The Washington Post reports that Republicans blocked measures boosting taxes on oil companies' profits:
"The actions of Republicans hashing out a tax bill behind closed doors indicate that, despite tough talk from the White House and Capitol Hill, the party is not ready to hit the oil companies hard -- even on measures that have broad support in the Senate."
This in a year when ExxconMobil alone "had the highest corporate profit in U.S. history: $10.71 billion for the fourth quarter of 2005 and $36.13 billion for the entire year."
And the chairman of that company just retired with a $400 million payout.
The GOP - watching out for you. As long as you're an oil company gazillionaire, a gun nut, or a rightwing religious fanatic who wants to do a little gay bashing, of course.
Wednesday, April 26, 2006
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3 comments:
How depressing to hear about that. That party is full of crooks and I dont know how they keep getting elected? Are the American people really that dumb? I guess I answered my own question...
hah the Four G's! And don't forget Goofball (as President).
they also look out for you if you want to take away civic rights. you forgot to mention that.
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