Bolton

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.