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Tax Provisions: For one year, cut in half to 3.1 percent the payroll tax for all U.S. employees. Cost: $165 billion. Lower the 10 percent income tax bracket to 5 percent and the 15 percent bracket to 10 percent for one year. Cost: $60 billion. Slash the corporate tax rate to 25 percent from 35 percent for a year. For small businesses filing as individuals, their tax bracket would also go down to 25 percent from 35 percent. Cost: $50 billion. Offer in 2009 to homebuyers a tax credit of $15,000 or 10 percent of the purchase price, whichever is...

Never underestimate a politician's ability to wriggle out of a clear choice. So it is with the so-called "Gang of 10" energy plan that is becoming the political escape hatch for Members of Congress, especially those "green Democrats" who suddenly want to appear to favor more oil and gas drilling. The Gang of 10 compromise was released before the August recess by five Senate Republicans and five Democrats. The plan would at least allow drilling offshore of four states -- Georgia, Virginia and the Carolinas -- and in the eastern Gulf of Mexico. It would also allow modern seismic surveillance,...

Six more senators on Tuesday joined a bipartisan group of 10 senators backing a bill they say will break the stalemate over offshore drilling in Congress. Three Democrats and three Republicans joined the so-called Gang of 10, making it the Gang of 16. The group supports a bill that would lift a ban on oil and natural gas drilling in the eastern Gulf of Mexico and off the southeastern U.S. coast, invest $20 billion in the development of petroleum-free motor vehicles and extend tax credits for renewable energy.

Be sure to READ THIS!!Please continue prayers for Trueblackman Brokaw, Pelosi and Pickens"Media" Tries to Downplay Pelosi's Abuse of PowerBut the REAL Media Says "NOT SO FAST!"  DON'T STOP FOLKS!!JUST SAY NO TO GANGS!!Congressman John R Carter of Texas says Gang of 10 a "Bad Deal"Is it just me, or has anyone else noticed a total lack of our "Establishment Media/Misinformation Socialist Monarchy" reporting on the price of gas and food for the past 2 weeks?New FTC Rule Could Apply To Pelosi After reading this post I decided to pull up her financial disclosure report and look for any other natural gas producers....

Be sure to READ THIS!!Please continue prayers for Trueblackman"Media" Tries to Downplay Pelosi's Abuse of PowerBut the REAL Media Says "NOT SO FAST!"  DON'T STOP FOLKS!!JUST SAY NO TO GANGS!!Congressman John R Carter of Texas says Gang of 10 a "Bad Deal"Is it just me, or has anyone else noticed a total lack of our "Establishment Media/Misinformation Socialist Monarchy" reporting on the price of gas and food for the past 2 weeks?New FTC Rule Could Apply To Pelosi After reading this post I decided to pull up her financial disclosure report and look for any other natural gas producers. On 11/8/07,...

Congress suffers from a crude sense of timing when it comes to oil. When it was time to act, it did nothing for decades. Now it’s desperate to be seen doing something at the precise moment when the time has come to do nothing. On October 1, the congressional ban on extracting oil from the 1.76 billion acres of the Outer Continental Shelf will expire. The ban has been renewed annually for decades. If Congress simply does nothing, the ban will expire, uncorking significant new supplies of oil and gas, and sending a message to world energy markets that the...

Be sure to READ THIS!!Please continue prayers for Trueblackman  DON'T STOP FOLKS!!JUST SAY NO TO GANGS!!Congressman John R Carter of Texas says Gang of 10 a "Bad Deal"Is it just me, or has anyone else noticed a total lack of our "Establishment Media/Misinformation Socialist Monarchy" reporting on the price of gas and food for the past 2 weeks?New FTC Rule Could Apply To Pelosi After reading this post I decided to pull up her financial disclosure report and look for any other natural gas producers. On 11/8/07, she purchased between $250,001 and $500,000 of Quest Energy Partners, LP. (see pages 12...

Richard Viguerie:  Conservatives are making liberals pay a political price for the high costs of gas, food, and other goods         (Manassas, Virginia)  The following is a statement by Richard A. Viguerie, Chairman of ConservativeHQ.com, regarding the responsibility for the high cost of gasoline, food, and other goods:         “Conservatives in Congress, the alternative media, and grassroots organizations have provided the leadership to use high gas prices as a teaching moment for America.         “The Democrats and their left-wing environmental allies are being held accountable for the energy crisis they created.  As long as the debate rages,...

Be sure to READ THIS!!Please continue prayers for Trueblackman  DON'T STOP FOLKS!!JUST SAY NO TO GANGS!!Congressman John R Carter of Texas says Gang of 10 a "Bad Deal"Is it just me, or has anyone else noticed a total lack of our "Establishment Media/Misinformation Socialist Monarchy" reporting on the price of gas and food for the past 2 weeks?New FTC Rule Could Apply To Pelosi After reading this post I decided to pull up her financial disclosure report and look for any other natural gas producers. On 11/8/07, she purchased between $250,001 and $500,000 of Quest Energy Partners, LP. (see pages 12...

Be sure to READ THIS!!Please continue prayers for TrueblackmanDON'T STOP FOLKS!!JUST SAY NO TO GANGS!!Congressman John R Carter of Texas says Gang of 10 a "Bad Deal"Is it just me, or has anyone else noticed a total lack of our "Establishment Media/Misinformation Socialist Monarchy" reporting on the price of gas and food for the past 2 weeks?New FTC Rule Could Apply To Pelosi After reading this post I decided to pull up her financial disclosure report and look for any other natural gas producers. On 11/8/07, she purchased between $250,001 and $500,000 of Quest Energy Partners, LP. (see pages 12...

Be sure to READ THIS!!JUST SAY NO TO GANGS!!Congressman John R Carter of Texas says Gang of 10 a "Bad Deal"Is it just me, or has anyone else noticed a total lack of our "Establishment Media/Misinformation Socialist Monarchy" reporting on the price of gas and food for the past 2 weeks?New FTC Rule Could Apply To Pelosi After reading this post I decided to pull up her financial disclosure report and look for any other natural gas producers. On 11/8/07, she purchased between $250,001 and $500,000 of Quest Energy Partners, LP. (see pages 12 and 18). According to its site...

One of the major criticisms of the Republicans in this Congress has been their inability to take advantage of issues that fall into their laps. We're currently seeing an example of that in the Senate, where John McCain's buddy Lindsey Graham, by organizing a "Gang of 10 on Energy", has taken away the GOP's advantage on the issue in the Senate. Thank's for energizing the Republican base, Senator. I guess you enjoy being in the minority, watching our country go down the tubes. Republicans in the House are about to face a similar problem. Nancy Pelosi, by indicating to Larry...

Unlike some of their colleagues in the Senate, House Republicans have rejected a minimal effort to compromise offered by Nancy Pelosi on energy policy.  After floating a proposal that would have allowed very limited drilling in exchange for windfall-profits taxes and depletion of the Strategic Petroleum Reserve, Pelosi got the door slammed in her face by the GOP members participating in the House Oil Party this month.  Their message — follow or get out of the way: Republicans lambasted House Speaker Nancy Pelosi’s (D-Calif.) energy plan Saturday advising her to “get out of the way” if she was not going...

While the Gang of 10 tries to defuse a potent Republican issue on energy, John McCain keeps the fuse lit in a Weekly Standard interview.  McCain tells Stephen Hayes that he may rethink his opposition to drilling in ANWR, and promises to consult with Alaskan governor — and presumed VP short-lister — Sarah Palin on the issue.  His statement appears to cut the ground out from underneath the Gang of 10 and offer a more expansive view on drilling than first presumed: In late June, McCain told voters in Missouri and Minnesota that he was open to receiving new information...

If Congress bows to pressure from Republicans and decides to lift its restrictions on offshore oil drilling, it is unclear exactly what would happen next. Such a move would take the country into uncharted waters, and there is no guarantee that a substantial amount of new drilling would take place at all. The frequent "drill here, drill now" refrain of Sen. John McCain and his fellow proponents of offshore drilling that has become part of this year's presidential debate suggests that removing the congressional moratorium would throw open the nation's waters to a spree of new drilling—and, eventually, new oil....

  House Speaker Nancy Pelosi (D-Calif.) will grant the Republicans' their big wish this campaign season — a vote on offshore oil and gas drilling — but only if the GOP accepts a few of her own demands. Pelosi's decision to relent on the drilling issue, laid out with new clarity in Saturday’s Democratic radio address, illustrates the political pressure Democrats are feeling this campaign season. But the legislative menu Pelosi envisions includes a number of offerings that Republicans have considered unpalatable, a clear indication she will force the GOP to give up a lot in exchange for more domestic oil and...

Once again, the "greater good" has been served inside the Beltway, "bipartisanship" has broken a stalemate, the rancor over energy policy has ended and, as is always the case when such milestones are achieved, conservative America has been sold out. Somehow, Republicans never seem to figure out that when right and wrong attempt to find common ground with eachother, "right," by design, will inevitably be the first casualty. This latest effort involves a "Gang of Ten" U.S. Senators, five Republicans and five Democrats, who are promoting their "New Energy Reform Act of 2008." In truth it is anything but new,...

As House GOP members continued their protests to force a vote on more domestic oil drilling, the Senate's "Gang of 10" was hard at work dismantling their efforts. The five Republicans on the "Gang of 10," known by some reports as the "5 Stooges," are supporting a bill that is not only unconservative, but gives the Democrats a gift by taking away one of our strongest election issues: more drilling.The plan represents more government control (not less), more taxes (not less), and continues to provide barriers (rather than reducing them) to offshore oil production. Americans want more drilling, and members...

Those of us who got our hopes up that $4 gas would finally galvanize the country to break the strangle-hold the extremists in the environmental movement have on our lives and on our future – and impel the Congress to do something sensible for a change – are going to have to grit our teeth and fight even harder. Not only have these five Republican Senators joined with Democrat environmentalists to scuttle all attempts for citizens of the U.S.A. to begin to achieve some semblance of energy independence, but they may have robbed John McCain of the hottest issue to...

WASHINGTON — U.S. Sen. Lindsey Graham said Friday he’s leading a new, bipartisan “Gang of 10” senators who’ve drafted a comprehensive energy bill that would lift decades-old bans on offshore drilling and nuclear-waste reprocessing. The New Energy Reform Act of 2008 is a bid to bridge the divide between Democrats and Republicans who spent July accusing each other of neglecting the impact of record gasoline prices on their constituents. “There is no greater problem facing average Americans and small businesses today than high fuel costs and our nation’s dependency on foreign oil,” Graham said. “Our proposal is not perfect, but...