OBL------Oil tax

Bush Made Pact That Allowed OBL Mission

May 10th, 2011

From the UK’s Guardian:

Osama bin Laden mission agreed in secret 10 years ago by US and Pakistan

May 9, 2011
US forces were given permission to conduct unilateral raid inside Pakistan if they knew where Bin Laden was hiding, officials say
The deal was struck between Pervez Musharraf and George Bush in 2001 and renewed during the ‘transition to democracy’ – a six-month period from February 2008 when Musharraf was still president but a civilian government had been elected.

So this is something else Mr. Obama inherited from President Bush.

Dems Want $2 Billion Tax Hike On Big Oil

May 11th, 2011

From those economic brainiacs at the Washington Post:

Senate Democrats push to end tax breaks for big oil companies to cut deficit

By Philip Rucker and Lori Montgomery, Published: May 10, 2011
Senate Democrats unveiled a plan Tuesday to save $21 billion over the next decade by eliminating tax breaks for the nation’s five biggest oil companies, a move designed to counter Republican demands to control the soaring national debt without new taxes…

Er, this is a new tax. At least, it’s a new tax increase. And we will all have to pay it.

hat tip- http://sweetness-light.com/

Kliphnote: Most of these tax breaks are the same all 

companies use, not just oil companies.

Just punishing the oil companies, that make about 8% profit.

Liberals hate oil.

But never increase taxes on IT companies, that make 25% profit.

Why? Oil is Republicans and IT is Democrats.

IT gives lots of money to the Democrats.

The same with trail lawyers.

It's your typical tax and spend liberals.

Increasing taxes or cutting tax breaks for oil companies will

only increase the price of gas.

That's what the left wants.