Obama wants to get rid of oil subsidies! Yeah let's!

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  1. Cassie Smith profile image61
    Cassie Smithposted 12 years ago

    Congress should get rid of oil subsidies. Not only should we get rid of oil subsidies, we should tax it more.  Let's all write to our senators and congressmen to get rid of oil subsidies and tax oil more and subsidize alternate fuels.

    1. John Holden profile image60
      John Holdenposted 12 years agoin reply to this

      Most sensible thing you've said in a while!

  2. John Holden profile image60
    John Holdenposted 12 years ago

    It's a shame nobody has seen fit to respond to this thread, it has the potential for an interesting debate, especially since the OP who on other threads declares for the free market and against socialism and yet here seems to be arguing for the opposite.

    1. Ron Montgomery profile image60
      Ron Montgomeryposted 12 years agoin reply to this

      Maybe the OP's seriousness is in question?

      1. rebekahELLE profile image85
        rebekahELLEposted 12 years agoin reply to this

        I read the OP the same way -

      2. John Holden profile image60
        John Holdenposted 12 years agoin reply to this

        Oh absolutely, that's how I read it. That she thought getting rid of oil subsidies was a bad move.

      3. Gemini Fox profile image86
        Gemini Foxposted 12 years agoin reply to this

        Oops - now that I've seen C.S.'s profile I realize I wasn't getting the sarcasm . . . funny how the far right only seems to make sense when being sarcastic.

  3. Gemini Fox profile image86
    Gemini Foxposted 12 years ago

    Oh, totally agree - just surprised that Obama has finally found the balls to do it.  Guess we'll see if it all comes to pass.  Of course, this will give the oil companies the perfect reason to jack prices, though. Has government ever regulated the oil industry (like the airline industry)? Have been wondering this for awhile but can't find the answer on google (ok, I didn't look really, really hard . . .)

    It's always cracked me up how the GOP practically becomes apoplectic about all those welfare mothers cheating the system but completely ignores that Big Oil gets billions in subsidies they have admitted to Congress they don't really need . . . not to mention the billions given to fraudulent Wall Street firms . . . not to mention the even more billions that some huge corporations don't pay in taxes.

  4. Uninvited Writer profile image80
    Uninvited Writerposted 12 years ago

    So, it's bad to subsidize the auto industry but good to subsidize the oil industry?

  5. profile image0
    JaxsonRaineposted 12 years ago

    I think we should definitely tax oil companies at a higher rate. After all, there is no way they would raise their prices to make up the lost profit, which would mean the government would really just be raising taxes on average Americans.

 
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