Thursday, April 7, 2011

Black Gold rules this country my friends !

Despite astronomical profits during what have been lean years for most everyone else, the oil and gas industry continues to benefit from massive, multi-billion dollar taxpayer subsidies. Opinion polling shows the American public overwhelmingly wants those subsidies eliminated. Meanwhile, both parties are hunting feverishly for ways to reduce the deficit.
But when President Obama called on Congress to eliminate about $4 billion a year in tax breaks for Big Oil earlier this year, the response on the Hill was little more than a knowing chuckle. Even Obama's closest congressional allies don't think the president’s proposal has a shot.  When the Democrats were in charge of both Houses they still had no chance. With the Republicans in charge of the House now there is really no chance to aliminate subsidies from industries that are making huge profits and still taking fron the Government.

According to OpenSecret­s.org, Rep. Joe Barton, who apologized to BP, has received $1,587,780 in donations from the oil and gas industry since 1989. Senator McConnell received $488,700 from oil and gas in 2010, and Senator Inhofe received $457,550 form oil and gas in 2010, $251,654 from electric companies, and $41,800 from Koch Industries­. Senator Landrieu received $389,550 from oil and gas in 2010, and $237,856 from electric companies. Of the $27,982,43­4 in total contributi­ons to the 2010 election campaigns, 77% went to Republican­s.

It's not just the politician­s who are compromise­d by these industries­. Journalist David Brooks recently said that we couldn't have a responsibl­e environmen­tal policy in this nation because taxpayers wouldn't pay the extra costs. He completely ignored the corrupting influence of oil money in our congress. Until we demand the Fair Elections Act, where candidates are funded by small donations from the people and public financing, we will have a dysfunctio­nal congress. Until we rid congress of lobbyists, we will not have a government of, for and by the people, and we will not implement a sound environmen­tal policy to combat global warming. It's up to us to demand these changes to safeguard the future for our children.
Too much money in our election process is the reason that our Gov. servers it's masters instead of it's citizens.

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