Posted on 03/05/2009 12:56:29 PM PST by Turret Gunner A20
Unless you haven't really been paying attention, you must realize by now that Obama's plans to increase taxes on every American by increasing the cost of energy in this country. We've been through this routine before. But now we have a new line from the Obama administration ...
http://in.reuters.com/article/oilRpt/idINN0454844120090304
According to tax cheat Timothy Geithner, oil and natural gas companies do not deserve tax breaks from the federal government because their businesses contribute to global warming. That's right .. our Treasury Tax Cheat believes in man-made global warming.
Unbelievable.
Geithner said to Congress, "We don't believe it makes sense to significantly subsidize the production and use of sources of energy (like oil and gas) that are dramatically going to add to our climate change (problem). We don't think that's good economic policy and we think changing those incentives is good for the country."
Now what you are seeing here is exactly what I've been telling you to expect for years. The Democrats want their hands on every single possible penny the private sector produces. To do this they will promote this tired and discredited global warming dog squeeze as a reason to drain more money from energy companies.
As for Geithner .. he's a tax cheat. No ... that isn't strong enough. He's a damned tax cheat. He plotted to cheat on his taxes, then carried that plot through; and he was caught. Now he's our Treasury Secretary.
A tax cheat in charge of the IRS. Change you can believe in.
A tax cheat is writing the tax laws. A tax cheat is enforcing the tax laws. A novelist would never get this past an editor, because the suspension of reality-orientation would be too great.
Those energy companies are using capital that you want to remove from them to fund green energy research. So that they can make a profit from green energy. Without taxpayer subsidies.
Has there ever been a more incompetent administration?
Yeah, that’s right Timmy, you criminal bastard, let’s go ahead and destroy just about the only viable industry we still have left in this once great nation.
So true. I keep saying the events occurring during this administration are putting large numbers of satire and disaster movie writers out of work, because there’s no need to look to imagination any more. It’s right there in front of us all.
Of course Mexico and Venezuela are ecstatic since they won't have to pay the 13% tax for the oil they pull out of the Gulf.
How long before this friggin’ idiot starts demanding we use crystals to improve our harmony with Gia?
I’m going to stencil the words “tax cheat’ on every $ bill I find with this jerk’s signature on it.
0bama will jail you for altering US government property.
The Gemological Institute of America?
If everybody did it, well...
If this plan goes through, name one other business that will not be able to deduct its costs of doing business in figuring net taxable income.
This will put a great number of independent producers (not Exxon and the big boys) OUT OF BUSINESS, which will mean further LOSS OF JOBS and HIGHER ENERGY COSTS.
This administration is the biggest disaster in the history of the nation in only 60 days.
In case anyone hasn't figured this out yet, THAT is exactly what they are trying to do! I predict that the same thing will happen the next time the market shows any sign of a rally.
They WANT the markets to tank and the country in crisis! Makes it easier for them to turn us into the socialist utopia they have been dreaming of! Millions in misery with them in charge!
Have you noticed the crazed “Bobby Kennedy” look in his eyes?
I like that idea.
I am old enough to wish to not be reminded of Bobby Kennedy’s crazed look!
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