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Author Topic: Obama seeks halt to tax subsidies for oil industry [Locked]
Rhodoman  4 stars
Posts: 1,397
Registered: 2001-6-14 21:02:19
warflea posted:

Sadly, the only innovation going on now is figuring out how to siphon the most out of the government coffers.

THIS is a supply worth cutting off.

Rho

 

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jeune  1 star
Posts: 216
Registered: 2005-5-29 13:25:11
warflea posted:

It is not in our collective best interest. All a subsidy buys is hope. If a technology truly has promise, private investors will assume the risk.



Subsidies are designed to push us toward an end goal. They are designed to change market conditions allowing us to reach a goal faster. The subsidy for oil has no purpose anymore... maybe it had a reason during the oil embargo or whatever got it pushed through but it makes no sense today.

It is absurd to claim that pushing us towards a future in which we are not as heavily dependent on oil is not in our collective best interests.

 

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mightbe  3 stars
Title: lalalalalalalalalalalalalalalalalalalalalalalalala
Posts: 864
Registered: 2003-7-21 12:49:15
someone will always have to make up the difference

 

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BritonGuy  4 stars
Title: Serious Business
Posts: 1,567
Registered: 2004-3-4 20:43:50
Why can't we subsidize poor people to walk on treadmills for power instead?

 

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Eradiani  3 stars
Title: Moderator/ EvEVault Staff
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Posts: 527
Registered: 2002-5-3 02:18:49
I rather see us get rid of the corn subsidy

 

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Kanga_Roo  2 stars
Posts: 439
Registered: 2002-2-26 12:58:17
Eradiani posted:

I rather see us get rid of the corn subsidy



That also yes.

 

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jeune  1 star
Posts: 216
Registered: 2005-5-29 13:25:11
Kanga_Roo posted:

Eradiani posted:

I rather see us get rid of the corn subsidy



That also yes.



that expired end of last year and was not renewed.

 

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"Whenever the white man treats the Indian as they treat each other then we shall have no more wars. We shall be all alike — brothers of one father and mother, with one sky above us and one country around us and one government for all."
Kanga_Roo  2 stars
Posts: 439
Registered: 2002-2-26 12:58:17
jeune posted:

Kanga_Roo posted:

Eradiani posted:

I rather see us get rid of the corn subsidy



That also yes.



that expired end of last year and was not renewed.



good point lets keep the anti subsidy ball rolling

https://www.nytimes.com/2012/01/02/business/energy-environment/after-three-decades-federal-tax-credit-for-ethanol-expires.html?_r=1

 

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Ptilk  4 stars
Title: Creepy old pirate
Posts: 2,359
Registered: 2002-2-13 14:52:58
Yeah it did. And it was a subsidy that unlike the one for oil that accounts for less than half a penny per gallon of gas...it accounted for about 5 to 12 cents per gallon of gasoline with ethanol added (depending upon how much ethanol was added to the gas)

Which of course, drove up gas prices. Not that anyone tried to use that as an excuse to keep the stupid program....unlike what "conservatives" are doing now in order to defend the oil subsidy.

Wonder why? Oh yeah. Logic plays no role in "conservative" ideology.
_Gimpzilla_  1 star
Posts: 116
Registered: 2000-3-12 20:20:37
Why do we need to give taxpayer money to companies that are already making record profits?

 

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