Party of Subsidies? Really??

Discussion in 'Politics' started by flacaltenn, Jun 16, 2011.

  1. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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  2. MaggieMae
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    MaggieMae Reality bits

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    There should be NO subsidies at all. It's reached a point where it's tantamount to the government paying corporations to do business, like business pays its employees wages, the only difference being that employees pay taxes on their wages and the corporations don't.


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  3. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    MaggieMae:

    We've got Norquist (tax crusader) arguing that cutting subsidies = tax increases!!! That's got to be nipped in bud. NO ONE outside of D.C. buys that. And yet the REPUBs sit around and debate whether voting against Ethanol subsidies would violate their "no new tax" pledge.

    INSANITY..

    I'm with you.. We don't pay corps from the Treasury to do stuff they're gonna do anyway. I don't care if it's green and cute or goes bang. Heck without the subsidies they MIGHT figure out how to use 3rd rate vegetation to make ethanol instead of stealing it from people's tables!

    Seems like the DEMS are gonna be responsible for ALL the major Subsidy wins in 2010. First GE gets to pay no taxes for all their GREENIE points, and now they protect Ethanol.
     
  4. MaggieMae
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    The main reason Senator Coburn quit the "gang of 6" congressional panel on deficits was that he knows that either subsidies will have to be cut and/or taxes increased, but he didn't want to go against Grover's tax pledge because that would be politically unfavorable. I think this is the first time I've seen Coburn play politics. Sad, really.
     
  5. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    I was unaware that we only had one corrupt political party selling their souls to special interests.
     
  6. KissMy
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    Senators Coburn & Feinstein represent Big Oil States. They hate the fact that Ethanol has cut into Big Oil profits.

    Ethanol has created 500,000 good paying jobs adding $53 Billion to the US economy. That alone is a 10 to 1 payback for the ethanol tax breaks.
     
    Last edited: Jun 17, 2011
  7. flacaltenn
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    flacaltenn USMB Mod Staff Member Gold Supporting Member

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    KissMy:

    You GOT to be counting all the farmers who would be growing some other crop whose prices have skyrocketed because EVERYBODY wants the handout for growing corn. There's no way that 500,000 jobs are involved just in processing and distribution.
     
  8. waltky
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    waltky Wise ol' monkey Supporting Member

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    Feinstein robbed...
    :lol:
    Feinstein: 'Wiped out' by scandal
    9/12/11 - Sen. Dianne Feinstein (D-Calif.) said she was “wiped out” by Kinde Durkee, a well-connected California Democratic political operative who served as treasurer for hundreds of state, local and federal campaign committees.
     
  9. uscitizen
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    uscitizen Senior Member

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    The party that cuts off ethanol subsidies will not win the corn belt states such as Iowa.
     

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