Weekly Address: Ending Taxpayer Subsidies for Oil Companies

[cal04]

Run time: 03:20 https://www.youtube.com/watch?v=OIc83PWSBF4   Posted on YouTube: April 29, 2011 By YouTube Member: whitehouse Views on YouTube: 296   Posted on DU: April 30, 2011 By DU Member: cal04 Views on DU: 1167

 
Weekly Address: Taxpayer Subsidies for Oil Companies are Neither Right, nor Smart, and They Should End
http://www.whitehouse.gov/the-press-office/2011/04/30/weekly-address-taxpayer-subsidies-oil-companies-are-neither-right-nor-sm

[mucifer]

1. no mention of the speculators nt

[jaxx]

3. The Justice Dept. is looking into speculators.

April 21st.

Two days after President Barack Obama pointed the finger at oil "speculators" for soaring gasoline prices, the Justice Department said it would set up a task force to tackle fraud.

http://www.tipnews.info/breaking_news/NTA3Mjc=/2011/04/21/us_economy_politics_energy_probe

[neoralme]

6. The Justice Department under Eric Holder? That Justice Department?

[tridim]

8. Yes, Obama's Justice Department

Are you implying that Obama is lying?

[neoralme]

9. Goshes no. I mean Obama has done everything he promised

when I voted for him. I mean the 75% increase in my medical copay and 80% increase in the premiums is just inconvenient. And all the wars, oh well... And his strident concern about the anti-union activity is a wonder to behold. I just hope he'll sponser a credit on pine boxes now that my wife and I will be cremated instead of buried. My daughter is going to try and get a 3rd Mickey D's job, so maybe she can help out. Talk to you later, need to put on some abdominal leeches.

[JJW]

2. Campaign Rhetoric

The Silly Season has begun!

[pnorman]

4. So who do YOU think that we here at DU should wholeheartedly support?

n/t

[neoralme]

5. Sure, but be careful of what you post. The God Bless America

Chorus will be deafening. Within two weeks, things are going to get real fun. We are in the middle of a fascist takeover that has gone beyond flash point where it can be reversed. Did you see the 1.8 GDP figure concurrent with gold rising to 1560 and oil to 113 and change? There is little doubt as what is about to happen.

[Larry Ogg]

7. Cuting their subsidies means prices will go up at the pump.

They will make their unjustifiable profits regardless of mugging us debt-slaves through government subsidies or at the pump.

And they will continue to do so until we elect leaders that say enough is enough.

[rabies1]

10. I'll believe it when I see it.

He's been in bed with big oil CLEARLY since the oil spill. Hard to believe he, all of a sudden is thinking about this.
He should have stepped up long before now.