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The most perverse part of it all is: these "oil producers"—a misnomer that suggests they actually produce something rather than destroy natural habitats to remove and refine a collectively owned resource—get government subsidies to make all this oily cash. And thanks to the Republican Party, it just keeps getting better for rich oilmen: three months ago, they OK'd $14.5 billion in tax breaks for the energy industry, and last week they passed a measure giving oil companies more subsidies plus "federal insurance to oil refiners whose expansion projects are delayed by lawsuits or regulatory snags." Not surprisingly, the oil and gas industry donates 3-to-1 to Republicans, who raked in $138,204,929 in political contributions since 1990.
Seriously, folks, as the bumpersticker says, if you're not outraged, you're not paying attention. Either that or you one of the very few making a profit.
More: Read "Big Oil Protects its Interests: Industry spends hundreds of millions on lobbying, elections," a report by the Center for Public Integrity.
1 comment:
such f-in bastards.
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