Big Oil Gets Billions in Tax Breaks, Buys More Politicians

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posted on Oct, 29 2012 @ 07:12 AM
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Big Oil Gets Billions in Tax Breaks, Buys More Politicians


"The world's largest oil companies — ExxonMobil, Shell, Chevron, BP, and ConocoPhillips — will begin to announce their third-quarter profits for 2012. In the first half of 2012, these companies — all ranked in the top 10 of Fortune 500 Global — earned over $60 billion.

The oil industry reinvests tens of millions of these dollars for political purposes, including nearly all political contributions to Republicans, lobbying, and campaign ads.

Through its enormous spending, these five and other Big Oil companies have fought to maintain $4 billion of their annual subsidies, while seeking to undermine clean energy investments."* Cenk Uygur breaks down this ridiculous perversion of the free market and looks into how oil companies are getting their tax breaks and spending their money.





Another case of buying the government, the free market is a myth, this is what's wrong with capitalism, the facts in the video make me sick, oil companies destroy our planet and charge us for the pleasure.

Here's a comment on youtube, that is spot on.



Outermainstream 11 hours ago.
Apparently, prostitution is illegal unless you are a politician.




posted on Oct, 29 2012 @ 07:27 AM
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Romney plans to give billions in tax breaks to oil companies.........

Because that will really balance the budget....



posted on Oct, 29 2012 @ 07:35 AM
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This ties in nicely with Slayer's post:


Gas is on average $3:15 per gallon.


Run with it......

Explain to me why this is after Bush took the supposed mother load in Iraq.......


www.abovetopsecret.com...



posted on Oct, 29 2012 @ 07:56 AM
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Well i guess people could stop driving or something...

Oh wait, no they wont. They would rather whine while filling up whatever they can afford



posted on Oct, 29 2012 @ 08:24 AM
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reply to post by SearchLightsInc
 





Well i guess people could stop driving or something... Oh wait, no they wont. They would rather whine while filling up whatever they can afford


Were all held to ransom, the blame lies with the prostitute politicians.



posted on Oct, 29 2012 @ 08:36 AM
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Originally posted by TheMaverick
reply to post by SearchLightsInc
 





Well i guess people could stop driving or something... Oh wait, no they wont. They would rather whine while filling up whatever they can afford


Were all held to ransom, the blame lies with the prostitute politicians.



Indeed it does, but sometimes the small things make big things happen.





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