Bush shows his true colors

cardcounter0 · #1 11-18-2005, 02:21 PM

As if there were any doubt:

"A $60 billion bill the Senate passed to continue expiring tax cuts and shelter 14 million families from higher taxes faces a White House veto threat because it also includes a hefty tax increase for oil companies."

Lower the budget? Reduce taxes? Not if it hurts the world record profits of the oil companies. hahahahaha

vulturesrow · #2 11-18-2005, 02:30 PM

[ QUOTE ]
As if there were any doubt:

"A $60 billion bill the Senate passed to continue expiring tax cuts and shelter 14 million families from higher taxes faces a White House veto threat because it also includes a hefty tax increase for oil companies."

Lower the budget? Reduce taxes? Not if it hurts the world record profits of the oil companies. hahahahaha

[/ QUOTE ]

Why do you post here?

cardcounter0 · #3 11-18-2005, 02:40 PM

I guess just general disappointment that a board, that one would expect to be populated with people of higher intelligence than your average Party Poker chat room, has such an incredible high number of totally blind Bush cheerleaders. When in doubt, Support Bush no matter how wrong, and grasp at any straw to justify his lies.

jt1 · #4 11-18-2005, 05:55 PM

I'm so very often disappointed by the lack of objectivity many Conservatives suffer from. At least this guy reminds me that many Liberals have the same deficit.

PS: I'm assuming he's well aware of the arguments against his position and just doesn't want to consider them.

The Don · #5 11-18-2005, 06:29 PM

[ QUOTE ]
I'm so very often disappointed by the lack of objectivity many Conservatives suffer from. At least this guy reminds me that many Liberals have the same deficit.

PS: I'm assuming he's well aware of the arguments against his position and just doesn't want to consider them.

[/ QUOTE ]

Perhaps because both ideologies are inherently contradictory...

jt1 · #6 11-18-2005, 07:34 PM

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Perhaps because both ideologies are inherently contradictory...

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It's been said that intelligence is the ability to hold two opposing or contradictory ideas at the same time.

Dr. Strangelove · #7 11-19-2005, 04:19 AM

[ QUOTE ]
I guess just general disappointment that a board, that one would expect to be populated with people of higher intelligence than your average Party Poker chat room, has such an incredible high number of totally blind Bush cheerleaders. When in doubt, Support Bush no matter how wrong, and grasp at any straw to justify his lies.

[/ QUOTE ]

It doesn't. They are just more active posters. Whenever there's a poll about this they're shown to be a minority.

JimBob2232 · #8 11-19-2005, 10:03 AM

While I am not a bush cheerleader, and know nothing more on this issue that what was posted above, i offer my opinion.

It seems reasonable to state that an increse in taxes on oil companies will cause the amount they pay in taxes to increase, and to accomodate the decreased revenue stream, oil prices will rise.

My guess is that THIS is the logic that is being applied. What is so wrong with the companies earning a profit? why is profit such a bad word?

On a side note: does anyone here know what gives congress the right to investigate oil companies as they have? Its not a monopoly...where does this power of control over oil companies stem from?

jman220 · #9 11-19-2005, 12:15 PM

[ QUOTE ]
While I am not a bush cheerleader, and know nothing more on this issue that what was posted above, i offer my opinion.

It seems reasonable to state that an increse in taxes on oil companies will cause the amount they pay in taxes to increase, and to accomodate the decreased revenue stream, oil prices will rise.

My guess is that THIS is the logic that is being applied. What is so wrong with the companies earning a profit? why is profit such a bad word?

On a side note: does anyone here know what gives congress the right to investigate oil companies as they have? Its not a monopoly...where does this power of control over oil companies stem from?

[/ QUOTE ]

...where does this power of control over oil companies stem from?

JimBob2232 · #10 11-19-2005, 04:58 PM

Well thank you sir. The constitution. What was I thinking. Thank you so much. you really cleared this issue up for me. I have never read a so well thought out researched reply before on a message board. You sir deserve a medal of honor for helping out your fellow citizens. The constitution..if only i had ever heard of it before. Its amazing what you can find out by just posing a question.

sarcasm off...now back on. As far as I can tell, the only business called out in the constitution is the press. Perhaps you would like to read the document you linked too before posting it as an answer to every question asked...

Okay now sarcasm off. I really would like to know why the government feels it can regulate the oil industry moreso than other industries.

[ QUOTE ]
So you support rolling back the tax cuts and increasing taxes on the middle class in the name of preserving the worship of oil company profits?

A true capitalist will sell you the rope to hang himself.

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Well, I have never seen a tax increase that I like. The government is too big, and spends WAY too much money. Until the point comes where I feel that an increase in my taxes will make things better, I am against every tax increase.

That doesnt just apply to my wallet, it applies to all companies and tax paying orgainizations in the country (Oil included). If we want to make oil a monopoly, lets do it. Lets stop pussyfooting around the issue. Like it or not, oil is a consumer product just like televisions or microwaves. And if you start taxing them, their (here comes that bad word again) "Profits" start going down. Decreased profits mean one of two things. 1) Prices go up to accomodate for the tax increase, or 2) Companies go out of business.

We need oil. We rely on oil. If we are not going to allow a legal monopoly, we need to let market forces act freely.

You want to talk about profit taking? The state of New York collects 33 cents per gallon of gas. The federal government? 18 cents a gallon. That is 51 cents per gallon that is going to the government. How much do oil companies make? Somewhere around 9-10 cents per gallon.

So tell me this..why is it okay for the government to make 5 times the amount of money oil companies make off a gallon of oil? The government does nothing for it. The oil company is providing an essential service, taking big risks, making big investments and capital improvements. Why are we complaining about the "Excessive oil profits" when the government makes 5 times as much! AHH my head is going to explode.