This is Some Interesting Math
The Democrats have figured out a way to make a company's product cheaper by increasing their tax burden somehow.
This as usual is just more rubbish generated by the stuffed suits of the commutards. The Washington Times has an excellent story on this subject here.
A gallon of gas costs an average of $2.68 nationally and is rising -- about the same price as last spring when Democrats on the campaign trail vowed to swiftly ease the pain at the pump if elected.
The Democrats went on to win control of Congress, and the House quickly passed a bill to roll back oil subsidies, a measure leaders trumpeted as "a first step toward a future of energy independence." But months may pass before the Senate considers the bill, and analysts predict gas prices could hit $3 per gallon by summer.
This is one of the stupidest things I have ever seen. Oil subsidies rollbacks are going to make gas cheaper somehow! It is a miracle! Stifling exploration, and discouraging oil companies to build more refineries, will somehow alleviate the price at the pump. This is so progressive! Those stupid Republicans should have thought about this, it is just so simple.
Instead of doing something, which is not government's place, to make gas cheaper, they actually did the opposite. This should not shock anyone. This is how the Democrats work.
"You have feel-good legislation, but at the end of the day it doesn't really alleviate the burden or change anything right away," said John Townsend, manager of public and government affairs at AAA.
Mr. Townsend said: "Much of what is going on is beyond the control of Congress."
Give this guy a raise. Of course it is beyond the control of Congress. Of course the libtards would not let a fact like that get in the way of their propaganda.
Still, Democratic leaders say their measure can help consumers. The Creating Long-Term Energy Alternatives for the Nation (CLEAN) Act rolls back $14 billion in oil subsidies for some of the largest energy companies, and the money saved would be used to stimulate research and development of alternative energy and fuels.
Great, more money down the rabbit hole. This is actually a bit of a lie. There is no money saved. Government does not make money, it only takes it from the citizenry. Yes, Exxon is made up of American citizens. It isn't just some evil entity bent on breaking the backs of the poor downtrodden SUV drivers on welfare. Much of these subsidies would have never been taken by the companies anyway. This is nothing more than another alternative fuels spending bill. The President has already spent billions on alternative energy technologies. This bill seems to be a repacking of someone elses idea. How shocking.
"We've allowed Exxon's bottom line to take priority over families struggling at the gas pump and the harmful effects of global warming," said Senate Majority Leader Harry Reid, Nevada Democrat, criticizing Republicans who controlled Congress as favoring oil executives over the public and promising change with new leadership. Mr. Reid made that remark in January when introducing his chamber's version of the bill, to be considered some time this year.
I swear that every time I read something Senator Reid says I want to just poke my eyes out. The Religion of the Goracle aside, this bill does not do a damn thing to lower gas prices. Some of the subsidies they repealed could have though.
One more quote from Her Highness for giggles.
"By investing in American ingenuity, Democrats will accelerate the implementation of existing clean, energy-efficient technologies," House Speaker Nancy Pelosi of California said Jan. 18, when her chamber passed the bill.
Oh how typically Pelosi. The Democrats are doing the investing. This is such a great quote. It illustrates perfectly her disconnection with the people. That is our money, not yours! You aren't investing in anything. We are. As to American ingenuity, all you do is stifle it with your over-regulation, and your labor unions. Her Democrats reference firmly ensconces the truth. She is a partisan hack, just like nearly every other politician in Washington.
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