Oil and gas companies have become a go-to punching bag for politicians looking to score easy political points. Many lawmakers and pundits routinely paint America´s oil and gas companies as poster children for corporate greed -- suggesting that these firms earn outsized profits that only benefit an elite group. That´s a powerful story. It´s also false. Research shows that the bulk of economic rewards reaped by the oil and gas sector are actually flowing back to everyday Americans. Their success is boosting the financial futures of millions of working families all across the country.
Comments: Surprise, surprise. We own them. We own their stock in our pension funds, mutual funds and IRAs. Who new?
We are the Great Satan and polluters. [No wonder I take Klonopin to sleep. The pills are blue now. Very confusing.]
Well,big health insurance companies contributed billions to investment portfolios but Obama wants to wipe them out strictly on the dirty word "profit" which appeals to his money grubbing base.
Obama wants enough insurance companies to hang on to service government workers and unions while the rest of us schlubs have to grovel to an exchange.This all means we´re wasting billions on healthcare overhead by having 2 bureaucracies do the same work. We´ve already spent billions on Obamacare with no new people being insured.
So the same thing will happen to energy producers,even though eveyrbody needs them.The federal government already makes more per gallon in gas taxes than the oil companies make themselves. But since oil companies make any profit,they have to be punished to make Obama´s base happy.
Apple just had one of the best quarters in the history of business but I don´t see any excess profits tax headed their way,the same with Google,GE and Facebook.
Remember the left flipping out over no bid contracts given to Halliburton,even though they were already set up to handle government orders and billing? Their stock never really took off in spite of this.
Friends of obama are probably getting no bid contracts out the wazoo,reaming the taxpayers and adding to the debt,to keep his donors happy.
Cap and trade would have created trillions for world´s leftists to fund their pet projects like fighting climate change and hunger. One liberal nut put the cost at $14 trillion. Sure they´ll spend a few hundred billion on windmills,solar panels and batteries but the rest will go the the left wing,new world order marxists and socialists to buy even more votes.
There´s also a get even component to this as world whites would be hardest hit..
Montevideo - Uruguay´s Senate is expected to pass a law on Tuesday making the small South American nation the world´s first to allow its citizens to grow, buy and smoke marijuana. The pioneering government-sponsored bill establishes state regulation of the cultivation, distribution and consumption of marijuana and is aimed at wresting the business from criminals. Cannabis consumers would be allowed to buy a maximum of 40 grams (1.4 ounces) each month from state-regulated pharmacies as long as they are over the age of 18 and registered on a government database that will monitor their monthly purchases.
The political temperature in the Arctic rose on Tuesday when Vladimir Putin vowed to step up Russia´s military presence in the region in response to a claim by Canada to the north pole. In typically trenchant style, Putin told his defence chiefs to concentrate on building up infrastructure and military units in the Arctic. He said the region was again key to Russia´s national and strategic interests, following a retreat in the post-Soviet period. His comments were a direct and rapid riposte to Canada, a rival Arctic power. John Baird, said his government had asked scientists to work on a submission to the UN arguing
The phone call came from a charming woman with a bright, engaging voice to the cell phone of a TIME Washington Bureau Chief Michael Scherer. She wanted to offer a deal on health insurance, but something was fishy. When Scherer asked point blank if she was a real person, or a computer-operated robot voice, she replied enthusiastically that she was real, with a charming laugh. But then she failed several other tests. When asked “What vegetable is found in tomato soup?” she said she did not understand the question. When asked multiple times what day of the week it was yesterday, she complained repeatedly of a bad connection.
A porn performer who tested positive for HIV in Los Angeles is asking for privacy as the industry tries to determine the scope of the problem. "The performer deserves privacy and dignity at this difficult time, and we ask that our colleagues and the media respect the performer’s wishes for privacy unless he or she wishes to speak," the Free Speech Coalition, a porn industry trade group, said in a statement. The Free Speech Coalition said it was working to identify anyone who had sex with the infected performer. “We take the health of our performers very seriously and felt
In China on Thursday, Vice President Joseph R. Biden Jr. spoke plainly about the role of a free press in a democratic society. “Innovation thrives where people breathe freely, speak freely, are able to challenge orthodoxy, where newspapers can report the truth without fear of consequences,” he said in an address to American businesspeople living and working there. He was speaking against the backdrop of China’s restrictive policies on reporting by foreign news organizations; the Chinese government has so far declined to renew the visas of nearly two dozen reporters from The New York Times and Bloomberg News as a consequence
Jerusalem - Israeli Prime Minister Benjamin Netanyahu has decided not to attend a memorial service for Nelson Mandela this week because it is too expensive to travel to South Africa, Israeli media reported on Sunday. Netanyahu had notified the South African authorities that he would fly in but cancelled his plans at the last minute due to the costs involved -- around 7.0 million shekels ($2 million) for his transport and security alone, pubic radio and the Haaretz daily reported. "The decision was made in light of the high transportation costs resulting from the short notice of the trip and the security required for the prime minister
New Orleans - Things traditionally get started a little late down here, an inclination that runs from mealtimes to political races. But with nearly a year to go before the 2014 election, it is already open season on Senator Mary L. Landrieu, Democrat of Louisiana. (Snip) As Democrats look across the rest of the South, the outlook does not get much better. Ms. Landrieu, along with Senators Mark Pryor of Arkansas and Kay Hagan of North Carolina, is pretty much all that is left of Southern Democrats in the Senate. All three are up for re-election next year. And the outcome of their races could determine whether the Southern Democrat,
New York — The anchor who might beat Bill O’Reilly gets her eyelash extensions applied one at a time, with tweezers and dabs of glue, about 90 minutes before showtime, right after a motorized gun sprays foundation over her face, neck, shoulders, collarbone and sternum, wiping out a galaxy of light freckles that spreads across her — Let me stop you right there. Photos of the day Uruguay legalizes marijuana, Kiev police pull back from protesters, aging U.S. prison population and more. Tuesday´s Photos of the day Would you write this way about a man? About O’Reilly himself? At least that’s what Megyn Kelly might ask at
In August 2013 I became very sick with what I thought was a cold. After a few days I lost vision in my left eye and I checked into the hospital. I soon found out that what I thought was a summer cold was actually Strep bacteria poisoning my blood stream. The bacteria blinded my left eye, ate a hole through my heart, caused five strokes on both sides of my brain and forced the removal of my prosthetic left knee. Dr. Lee was the surgeon assigned to perform open heart surgery. What was originally scheduled to last four hours ended
When I was a kid, I knew two different Santa Clauses. The first had a fat belly, rosy cheeks, a long white beard, and skin as pink as bubble gum. He was omnipresent, visiting my pre-school and the local mall, visible in all of my favorite Christmas specials. Then there was the Santa in my family’s household, in the form of ornaments, cards, and holiday figurines. A near-carbon copy of the first one—big belly, rosy cheeks, long white beard: check, check, check. But his skin was as dark as mine. Seeing two different Santas was bewildering. Eventually I asked my father what
Johannesburg - A man who provided sign language interpretation on stage for Nelson Mandela´s memorial service, attended by scores of heads of state, was a "fake," the national director of the Deaf Federation of South Africa said on Tuesday. Asked about the claim by The Associated Press, South Africa´s government said it was preparing a statement. Three sign language experts said the man was not signing in South African or American sign languages. South African sign language covers all of the country´s 11 official languages, according to the federation. It wasn´t immediately clear if the unidentified man was using a
The health director who approved the release of President Obama’s birth certificate has died in a plane crash, Hawaiian officials said Thursday. Loretta Fuddy died after the Cessna Grand Caravan aircraft she was travelling on went down shortly after leaving Kalaupapa Airport at around 3:15 p.m. local time (10:15 a.m. ET) on Wednesday. The other eight people on board were rescued, Richard Schuman, president of Makani Kai Air, told NBC News early Thursday, adding that that there was no indication as to why the plane had crashed. Fuddy hit the headlines two years ago when she approved a waiver request allowing Obama to
House Speaker John Boehner (R-Ohio) snapped at conservative groups that have come out in opposition to the budget deal reached Wednesday between Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.). "They´re using the American people for their own purposes. This is ridiculous," Boehner said at a press conference with other members of House Republican leadership on Wednesday. Over the past few days, a number of conservative groups have blasted the deal because it sets discretionary spending levels in the budget higher than previous levels under sequestration. In the past three days, the influential Heritage Action, Club for Growth, Americans
Views of the tea party are at all-time lows in a new poll, as primary challenges to establishment Republicans continue to heat up Washington. Just 30 percent of Americans view the tea party favorably in a new Gallup poll released Wednesday, the movement’s lowest point since Gallup began polling about it during its rise in 2010. Also in a first, a majority of Americans had an unfavorable view of the tea party, at 51 percent. Similar numbers of respondents described themselves as proponents or opponents of the tea party: Twenty-two percent identified themselves as tea party supporters, while 24 percent said they