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It's official: Our government is replete with morons . . . Senate gas proposal

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Originally posted by: dahunan
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

Is that why your president gave them $15,000,000,000 in tax breaks last year.. so they could stop building refineries and jack us on the price of gas

how many tax breaks did you get last year? are you willing to trade any break you get that deviates from the income tax so that everyone else does the same?
 
Originally posted by: Amplifier
This could be a fancy political move. If the Democrats shoot this bill down the Republicans will say "Look guys we tried to help you out, but the Democrats just don't care about you" and if it passes the Republican's will say "Look how much we helped you out!"

Everyone on this board hopefully sees through that BS. But to the demographic the Republican's want to target, lower class Democrats, this proposal will sound very appealing.

Edit: CycloWizard beat me to it

it would take more than $100 to buy my vote..
 
Originally posted by: rickn
Originally posted by: Amplifier
This could be a fancy political move. If the Democrats shoot this bill down the Republicans will say "Look guys we tried to help you out, but the Democrats just don't care about you" and if it passes the Republican's will say "Look how much we helped you out!"

Everyone on this board hopefully sees through that BS. But to the demographic the Republican's want to target, lower class Democrats, this proposal will sound very appealing.

Edit: CycloWizard beat me to it

it would take more than $100 to buy my vote..

Ya, like $300 (referring to the snowjob in the Summer of 2001).

 
Originally posted by: zendari
Originally posted by: EatSpam
Originally posted by: zendari
Originally posted by: dahunan
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

Is that why your president gave them $15,000,000,000 in tax breaks last year.. so they could stop building refineries and jack us on the price of gas

Why would they build refineries?

Funny how nobody was blaming the oil companies for lowering the price of gas in Nov and Dec 05.

Yeah, the price of gas was super low in December. :roll:

It was close to the $2 mark where I filled up. After all, if oil companies are responsible for price increases, they must be responsible for the post Katrina decline.

Are you sure you weren't thinking of December '04?
 
Originally posted by: Genx87
Our government is replete with morons

Is this something you just happened upon this morning?

Of course not but the GOPies have a knack for ever increasing idiocy. It's one thing to have no ideas (Democrats) or bad ideas (Libertarians that vote Republican). But the current Republican party is essentially intent on advancing the worst ideas.
 
Originally posted by: BaliBabyDoc
cnn
This idea is almost as dumb as the Medicare reform that made it more expensive.

Why not TAX the companies making money off of gas and give that back to consumers?!

Why give consumers their own money back . . . especially when they are deficit dollars that will have to be paid back by future taxpayers . . . plus interest!!

WASHINGTON (CNN) -- Every American taxpayer would get a $100 rebate check to offset the pain of higher pump prices for gasoline, under an amendment Senate Republicans hope to bring to a vote Thursday.
Democrats are stupid . . . Republicans are anencephalic.

However, the GOP energy package may face tough sledding because it also includes a controversial proposal to open part of the Arctic National Wildlife Refuge in Alaska to oil exploration, which most Democrats and some moderate Republicans oppose.
Uh, you could double current AK oil production and it would be a blip on the world market. Why not work on CAFE stds or subsidize auto industry technology so their vehicles would get closer to meeting CURRENT CAFE?


Either one of those ideas is stupid. Any tax on oil will be laretly passed onto the consumers. On the other hand, handing out rebates only means we'll have to pay for them in the future and deal with higher demand for gas.
 
Let's put a new perspective on the issue of oil company profits. Just average out the $73 barrel with the $1 to $5 barrel cost from the company owned wells. And $73 is what we pay for the high grade foreign oil, alot is still sold for under $50 a barrel.
 
Originally posted by: EatSpam
Originally posted by: zendari
Yeah, the price of gas was super low in December. :roll:

It was close to the $2 mark where I filled up. After all, if oil companies are responsible for price increases, they must be responsible for the post Katrina decline.

Are you sure you weren't thinking of December '04?[/quote]

Yup, I am. Was the price of gas not lower for you in December 05, compared to August/September 05?
 
Originally posted by: dainthomas
Originally posted by: zendari
Originally posted by: dahunan
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

Is that why your president gave them $15,000,000,000 in tax breaks last year.. so they could stop building refineries and jack us on the price of gas

Why would they build refineries?

Exactly, that might have lowered their profits.

That is the point. The excess cost for the consumer is going straight to their bottom line.

Their profit margins aren't very high compared to other industries.
 
Originally posted by: zendari
Originally posted by: EatSpam
Originally posted by: zendari
Yeah, the price of gas was super low in December. :roll:

It was close to the $2 mark where I filled up. After all, if oil companies are responsible for price increases, they must be responsible for the post Katrina decline.

Are you sure you weren't thinking of December '04?

Yup, I am. Was the price of gas not lower for you in December 05, compared to August/September 05?[/quote]


Lemme think, hmmmm what was happening in Aug/Sept 05.. OH I KNOW! Hurricanes you jackhumper. So prices would have been higher to supposedly compensate for Katrina, and by the time December came around, they repaired some refineries and gasoline production was up. Hmm I wonder why it changed like that.
If you really believe that the oil companies are NOT gouging us, you're infinitely more naive and ignorant than I thought humanly possible.
 
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

So as long as they pay their taxes, they can gouge away?

Hey I pay my taxes.. wonder what I can get away with...
 
Remember that couple of hundred dollar advance check you received from the IRS after Bush's tax cut passed? Remember the information that came with it giving the credit for that payment to President Bush? Remember the 2004 election, where Bush won with a paperthin margin?

These scams are a surefire way for politicians to legally buy votes. The fact that the GOP is pushing such a publicity stunt shows how far they will stray from their declared principals in order to hang onto power.
 
Originally posted by: zendari
Originally posted by: dainthomas
Originally posted by: zendari
Originally posted by: dahunan
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

Is that why your president gave them $15,000,000,000 in tax breaks last year.. so they could stop building refineries and jack us on the price of gas

Why would they build refineries?

Exactly, that might have lowered their profits.

That is the point. The excess cost for the consumer is going straight to their bottom line.

Their profit margins aren't very high compared to other industries.

WHAT?! Exxon-Mobil surpassed Wal-Mart as the richest corporation in the world!

There's no reason you should be defending these people-- unless it's simply to troll and take the other side for antagonistic purposes, as you always do.

 
Originally posted by: 2Xtreme21
Originally posted by: zendari
Originally posted by: dainthomas
Originally posted by: zendari
Originally posted by: dahunan
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

Is that why your president gave them $15,000,000,000 in tax breaks last year.. so they could stop building refineries and jack us on the price of gas

Why would they build refineries?

Exactly, that might have lowered their profits.

That is the point. The excess cost for the consumer is going straight to their bottom line.

Their profit margins aren't very high compared to other industries.

WHAT?! Exxon-Mobil surpassed Wal-Mart as the richest corporation in the world!

There's no reason you should be defending these people-- unless it's simply to troll and take the other side for antagonistic purposes, as you always do.

By your logic, we should outlaw GE as well, ebcause its the biggest corporation in the world :roll:

 
Originally posted by: 2Xtreme21
Originally posted by: zendari
Originally posted by: dainthomas
Originally posted by: zendari
Originally posted by: dahunan
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

Is that why your president gave them $15,000,000,000 in tax breaks last year.. so they could stop building refineries and jack us on the price of gas

Why would they build refineries?

Exactly, that might have lowered their profits.

That is the point. The excess cost for the consumer is going straight to their bottom line.

Their profit margins aren't very high compared to other industries.

WHAT?! Exxon-Mobil surpassed Wal-Mart as the richest corporation in the world!

There's no reason you should be defending these people-- unless it's simply to troll and take the other side for antagonistic purposes, as you always do.

People who blame the oil companies remind me of fat people who blame fastfood or crack addicts who blame society.

People are addicted to the stuff and hate themselves for it but dont want to admit their addiction so they blame it on the supplier. As if it is the oil companies fault you keep paying the higher price just like it isnt fastfood's fault you stuff your face full of 3 whoopers + fries and cant see your dink anymore, much less your own feet.
 
Originally posted by: 2Xtreme21
Originally posted by: zendari
Their profit margins aren't very high compared to other industries.

WHAT?! Exxon-Mobil surpassed Wal-Mart as the richest corporation in the world!

There's no reason you should be defending these people-- unless it's simply to troll and take the other side for antagonistic purposes, as you always do.

They make less profit per dollar than dozens of companies. That profit comes from sales volume; perhaps people should buy less gasoline.
 
it's very difficult to build new refineries in the US - permits cost millions of dollars... you have environmental impact studies... all sorts of groups filing lawsuits to stop new refineries being built... years of construction... the list goes on.

US oil companies are taking the approach of aquiring existing refineries and upgrading them.
 
Originally posted by: Sheik Yerbouti
Lemme think, hmmmm what was happening in Aug/Sept 05.. OH I KNOW! Hurricanes you jackhumper. So prices would have been higher to supposedly compensate for Katrina, and by the time December came around, they repaired some refineries and gasoline production was up. Hmm I wonder why it changed like that.
If you really believe that the oil companies are NOT gouging us, you're infinitely more naive and ignorant than I thought humanly possible.

And as December came around they lowered prices at the pump again.
 
Originally posted by: zendari
Originally posted by: dainthomas
Originally posted by: zendari
Originally posted by: dahunan
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

Is that why your president gave them $15,000,000,000 in tax breaks last year.. so they could stop building refineries and jack us on the price of gas

Why would they build refineries?

Exactly, that might have lowered their profits.

That is the point. The excess cost for the consumer is going straight to their bottom line.

Their profit margins aren't very high compared to other industries.

It is easy to lower profit margins. Waste a lot of money. How many other industries give their executives $400M retirement packages?
 
HAHAHAHAHAHAHAHAHAHAHA.

Sorry that's all I could contribute to this thread, but the idea of $100 check in the mail just tickles me.

"In other news, sales of lottery tickets, video games, designer shoes/handbags and malt liquor are through the roof after the government sent out $100 gas checks."
 
Originally posted by: Ldir
Originally posted by: zendari
Originally posted by: dainthomas
Originally posted by: zendari
Originally posted by: dahunan
Originally posted by: zendari
Oil companies are paying their fair share of taxes.

Is that why your president gave them $15,000,000,000 in tax breaks last year.. so they could stop building refineries and jack us on the price of gas

Why would they build refineries?

Exactly, that might have lowered their profits.

That is the point. The excess cost for the consumer is going straight to their bottom line.

Their profit margins aren't very high compared to other industries.

It is easy to lower profit margins. Waste a lot of money. How many other industries give their executives $400M retirement packages?

But that's obviously what the stockholders wanted. :laugh:
 
Originally posted by: Ldir
Originally posted by: zendari

Their profit margins aren't very high compared to other industries.

It is easy to lower profit margins. Waste a lot of money. How many other industries give their executives $400M retirement packages?

The CEO of Disney has gotten a nice package. And they made 7% of Exxon's income last year. Compared to $36 b his package is around 1%.
 
Originally posted by: 1EZduzit
Originally posted by: Ldir
Originally posted by: zendari
Their profit margins aren't very high compared to other industries.

It is easy to lower profit margins. Waste a lot of money. How many other industries give their executives $400M retirement packages?

But that's obviously what the stockholders wanted. :laugh:

http://finance.yahoo.com/q/bc?s=XOM&t=5y

You think any of them are upset?
 
Originally posted by: zendari
Originally posted by: 1EZduzit
Originally posted by: Ldir
Originally posted by: zendari
Their profit margins aren't very high compared to other industries.

It is easy to lower profit margins. Waste a lot of money. How many other industries give their executives $400M retirement packages?

But that's obviously what the stockholders wanted. :laugh:

http://finance.yahoo.com/q/bc?s=XOM&t=5y

You think any of them are upset?

If they're not then they're idiots.

The new fellow is working for 12.5 million as compared to the 52.5 mill the old CEO was getting. Do the math, it's just another rip-off of the american people but tools like you can't figure it out.
 
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