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.
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.
Maybe the OP's seriousness is in question?
Oh absolutely, that's how I read it. That she thought getting rid of oil subsidies was a bad move.
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.
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.
So, it's bad to subsidize the auto industry but good to subsidize the oil industry?
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.
by nicomp really7 years ago
Obama: ‘Don’t Want the Folks Who Created the Mess to Do a Lot of Talking’http://www.breitbart.tv/obama-dont-want … f-talking/Not a sound bite, not edited, not taken out of context.
by Onusonus4 years ago
“Barack Obama is now putting the United States squarely a decade behind Britain. Listening to the President’s State of the Union message last week was like a surreal visit to our own recent past: there were,...
by Stump Parrish5 years ago
How do we make sure this doesn't happen again you ask? Deregulate further and open more of the gulf to drilling. That could only makes sense to those in the oil companies back pockets.
by onetrueheart6 years ago
Has anyone heard about how Obama wants to increase instructional time? Well I have been reading on some blogs around the web he wants to do this so boys can start taking sewing and knitting classes. I do not...
by tony07246 years ago
I thought that Obama was supposed to be the hope and change guy who believed in transparency.Now it seems his counsel wants to withold writings by Kagan to the judiciary committee ? Remind you of anyone ? Hope and...
by Gary Anderson6 years ago
Investment banks leverage up casino-like. When they fail, they put in jeopardy the commercial banks and you, Joe taxpayer, have to come to their rescue. Obama wants to stop that by implementing the Volcker Plan. Some...
Copyright © 2016 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.