A member of ALTADENA GROUP
CSIA Foundation

Infrastructure Protection, Congress

WASHINGTON - Saved by Senate Republicans, big oil companies dodged an attempt Tuesday to slap them with a windfall profits tax and take away billions of dollars in tax breaks in response to the record gasoline prices that have the nation fuming.

GOP senators shoved aside the Democratic proposal, arguing that punishing Big Oil won't do a thing to lower the $4-a-gallon-price of gasoline that is sending economic waves across the country. High prices at the pump are threatening everything from summer vacations to Meals on Wheels deliveries to the elderly.

The Democratic energy package would have imposed a 25 percent tax on any 'unreasonable' profits of the five largest U.S. oil companies, which together made $36 billion during the first three months of the year. It also would have given the government more power to address oil market speculation, opened the way for antitrust actions against countries belonging to the OPEC oil cartel, and made energy price gouging a federal crime. ....
 

 
  • 12th imam
  • 8 signs
  • 9/11
  • Absentee
  • absolutely
  • Achilles Heel
  • al-Awlaki
  • Al-Qaeda
  • Alinsky
  • Ammo
  • Amnesty
  • Awlaki
  • AWOL
  • Baby
  • Bailout
  • Bankrupt
  • Battle
  • Benghazi
  • bin Talal
  • Bio
  • Birth certificate
  • Black Panther
  • Budget
  • Bulb
  • CAIR
  • Caliph
  • Caliphate
  • Cartel
  • Census
  • China
  • Chinese
  • Christian
  • Cloward
  • Club-K
  • COIN
  • Condell
  • Constitution
  • Contractor
  • Conyers
  • Cordoba
  • Correctness
  • Corsi
  • Debt
  • Deficit
  • Deradicalization
  • Detention
  • Dhimmi
  • DHS Homeland
  • Dialog: East Coast - West Coast
  • Domestic
  • Earth
  • Economic
  • Economy
  • Egypt
  • Electoral College
  • Electromagnetic Pulse
  • eligibility
  • Executive Orders
  • Farrakhan
  • Fast and Furious
  • FBI
  • Federal Reserve
  • Food
  • Fraud
  • Gas
  • Gaubatz
  • Global
  • Global economy
  • Governor
  • Grover Norquist
  • Guardians
  • Gulen
  • Gun control
  • Hagmann
  • Hawala
  • Healthcare
  • Hezbollah
  • Hillsdale College
  • Hizb ut-Tahrir
  • HLF
  • Holy Land Foundation
  • Homegrown
  • homosexual
  • Immigration
  • Implant
  • Information Warfare
  • Iran
  • Iranian Revolutionary Guards
  • IslamBerg
  • Islamist
  • Jekyll
  • Jew
  • jihad
  • Libya
  • like to know
  • Mafia
  • Manipulating Perceptions
  • Marriage
  • Marxist
  • Mexico
  • Military
  • Missile
  • Moderate Muslim
  • Money laundering
  • Muslim Brotherhood
  • must read
  • Myrick
  • Nazi
  • net neutrality
  • Nuclear
  • Oath Keepers
  • oil
  • Open Society
  • Operation Fast and Furious
  • Panther
  • Patriot
  • PFLP
  • Phares
  • pitchfork
  • Policy
  • political correctness
  • Politicians
  • Power
  • Progressive
  • Rare earth minerals
  • Responsibility to Protect
  • Reza Kahlili
  • ROE
  • Root
  • Roy Beck
  • Rules of Engagement
  • Russia
  • Salafists
  • SCADA
  • Schools
  • Scout
  • Semper Fidelis
  • sharia
  • Shoebat
  • Sibel
  • social justice
  • Social Security Number
  • Socialist
  • Soros
  • Spending
  • Spies
  • Strategic
  • Stuxnet
  • Submarine
  • Sunni
  • Super-sized
  • survival
  • SWAT
  • Taliban
  • Taqiyya
  • Tawfik
  • Tax
  • Team B II
  • Treason
  • troubling
  • Truth
  • TSA
  • Unemployment
  • Uplift
  • USMC
  • Vallely
  • Vieira
  • Vote
  • Voter fraud
  • War
  • Weather Underground
  • WMD
  • Zero