Posted on 10/13/2006 4:57:26 PM PDT by NormsRevenge
Former President Bill Clinton was cheered Friday as he spoke to a university crowd in support of a California ballot measure that would tax oil to fund alternative energy research.
Clinton called Proposition 87 "California's way to energy independence."
The measure would tax companies drilling for oil in California until it has generated $4 billion. The money would be set aside for loans, grants and subsidies to promote alternative fuels and more energy-efficient vehicles.
"To save the planet, improve our national security and create the next generation of good jobs for the American people - that's what Prop 87 represents to me,' Clinton said at the University of California, Los Angeles.
Oil pumped in California accounted for 37 percent of the state's demand in 2005, according to the state Legislative Analyst's Office. Twenty-one percent of the state's oil comes from Alaska, while the rest is imported from abroad. The initiative would tax oil California producers between 1.5 percent and 6 percent depending on the per-barrel price of oil.
Opponents say oil companies that do business in California pay the fifth-highest taxes in the country, and adding another tax would deter them from pumping California oil and eventually lead to higher gas prices.
I don't mind that we buy consumer goods from foreign countries. That gives them healthy economies, and low prices for us. That doesn't make us dependent on foreign countries.
We can produce enough food to keep us with no problem - we might not have strawberries in Jan., but we won't go hungry.
We have plenty of clothes - most of us have crammed closets. And if you look at the labels, you will see a lot of different countries of origin.
The Japanese auto makers make a lot of cars here in the US.
The only area where we are not self-sufficient - and it's by choice - is oil.
We can do more than survive without imported manufactured goods. The only reason we buy them is because they are better quality and cheaper than domestic goods. And with an unemployment rate of 4.6%, we don't have a work force to make any more.
Our only foreign dependence is on oil - and that's our choice. A really dumb one, IMO.
So, all the libs are complaining about high gas prices and how it's Bush's fault, yet they want to increase gas taxes to make it more expensive, so they can blame that on Bush too?
If the voters pass it, every oil company operating in California needs to leave the state.
Now I never went to college , but I know that. I must be smarter than these Clinton loving college buttwipes.
10 posted on 10/13/2006 5:16:07 PM PDT by sgtbono2002 (The fourth estate is a fifth column.)
It is very difficult to be stupider that they are Sarge.
Even Bill is laughing up his sleeve about how stupid they are.
Okay, I'll play. Why will you vote for it? Do you think this is the proper use of legislation? What other causes would you wish to see funded and on what industry would you propose mandating taxes to pay for it?
I believe Bubba added 8 cents per gallon Fed Tax when he was in office. Obviously, it hurt the poorest and the older folks the most. He could care less. It was more money for the kitty.
Please ignore my last comment. My apologies!
Yes, boys and girls, we are going to tax our way to energy independence... Typical liberal solution...
Unfortunately for people in CA, it is tough get gas from any other state when prices go up. MA is considering a 9 cents per gallon tax hike. How many stations will there be on the border in NH, VT, RI and CT when that happens...
If BJ holds to form this will go down in flames.
Its all about you bill, isn't it.
Pray for W and Our Troops
These are supposed to be the future leaders of our country, and they fall for the slicksters rhetoric.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.