mediapro - I visited the site you provided, but could find nothing to back their statements. The data I got came from government regulated sources. Also, the reason people in Venezuela only pay $0.10 a liter is the lack of taxes. Well over half of the cost of a gallon of gasoline is taxes as it should be. We, the drivers, waste most of the gasoline we use with poor choices in vehicles and driving habits. WE pollute the earth. If we became more efficient, the price of gasoline would go down and there would be less pollution. We choose not to be good stewards of this earth.
On Mar 23 09:14 PM mediapro wrote:
> I won't bother to correct your outrageous assumptions about income > and tax payments, but if you want a balanced presentation of the > annual subsidies enjoyed by big oil, follow this link. My $30 Billion > annually was, as you will read, a rather conservative estimate.<br/>
Mediapro - Last year the "Big Three" oil companies combined to make $71 billion. They paid $169 billion in taxes. Where are the subsidies you are talking about? XOM paid $16 billion more in taxes than they made in the US over the past several years.
We still don't know who these people are that received the retention bonuses. I don't mean their names, but what they did in the past and what they are doing now. We have prejudged them without any facts. They might just be the monsters we make them out to be. Maybe not. Liddy said that those responsible for AIG's collapse have been fired. Is this true or not? I don't know what the truth is. But I do know what is false and that is what is being repeated over and over and over by the media and politicians alike.
Washington's AIG Outrage Really a Political Diversion Tactic [View article]
People don't realize that Congressional hearings are not trials or even an effort to get at the truth. They are strictly commercials by politicians to keep their names on people's minds so that they are re-elected. The only other option is that Congress is populated with idiots and fools. It was obvious that each questioner did not listen to any previous testamony and only read yesterday-prepared speeches. They did not know who the recipients of the bonuses were. Most didn't know that Liddy was appointed recently at $1/year. They didn't know they voted for the bonuses to be given out. They actually didn't know what they voted for as they didn't read the legislation.
Wall Street Breakfast: Must-Know News [View article]
The cost of investigations into AIG's bonus payments, litigations and loss of productivity will dwarf the amount paid in these bonuses. Even if the bonuses are repaid, the money will not be repaid to the taxpayers. This "show" was strictly an opportunity for Congress to bandstand and make people think they are looking out for them and secure re-election. Half of the Congressmen had no idea what they were talking about, the other half were attempting to distract us.
Wall Street Breakfast: Must-Know News [View article]
After listening to the questions asked of Liddy, it is apparent that those asking the questions are either ignorant, stupid or trying to distract from their own misdeeds.
A More Modest AIG Bonus Proposal [View article]
A More Modest AIG Bonus Proposal [View article]
On Mar 23 09:14 PM mediapro wrote:
> I won't bother to correct your outrageous assumptions about income
> and tax payments, but if you want a balanced presentation of the
> annual subsidies enjoyed by big oil, follow this link. My $30 Billion
> annually was, as you will read, a rather conservative estimate.<br/>
A More Modest AIG Bonus Proposal [View article]
A More Modest AIG Bonus Proposal [View article]
I rest my case.
A More Modest AIG Bonus Proposal [View article]
Washington's AIG Outrage Really a Political Diversion Tactic [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]