Santelli: Why Doesn't Obama Go After Apple's Profits?
Kliphnote: This so called "tax breaks" are the same any company gets of doing business. That is writing off cost of doing business, like any company does.
Taking the "tax breaks" away from a oil company will increase gas prices.
That is what Obama and the Left-heads want. $6-8 a gallon.
To hell with the economy.
As Obama's mentor said:
Saul Alinsky--- Pick the target, freeze it, personalize it, polarize it.
It's not a government / tax payer hand out or subsidies.
Like the failed "green'' company's got.
Politics
Obama urges Congress to end oil tax breaks, refocus on alternative energy
Published March 29, 2012
| FoxNews.com
President Obama
pressed Congress on Thursday to end $4 billion in tax subsidies to U.S.
oil companies, saying he’s not concerned about them during record-high
gas prices and doubling down on his vow to focus on alternative energy.
“I’m not worried about oil companies,” the
president said in a Rose Garden speech. “Wind and solar power …
energy-efficient cars. That’s the future.”
However, a Senate vote on repealing the tax breaks failed about 30 minutes later.
Congressional Republicans say ending the tax
breaks will lead to higher fuel prices, raising costs on oil companies
and affecting their spending on exploration.
Obama couldn't end the subsidies when
Democrats controlled both chambers of Congress, before Republicans last
year recaptured control of the House.
“Members of Congress have a choice to make,”
Obama said Thursday. “They can stand with big oil or they can stand
with the American people.
Politics
Bolton accuses administration of leaking story on Israeli planning along Iran border
Published March 29, 2012
| FoxNews.com
Former U.S. diplomat John Bolton alleged Thursday that the Obama
administration leaked a story about covert Israeli activity in order to
foil potential plans by the country to attack Iran's nuclear program.
Bolton, who served as U.S. ambassador to the United Nations in the George W. Bush administration, was responding to an article in Foreign Policy magazine that quoted government sources claiming Israel had been granted access to airfields in Azerbaijan -- along Iran's northern border.
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