Tuesday, April 25, 2006

Worst Ever: Energy Policy

These wankers have fattened the wallets of all their old oil buddies. Cheney directly profits from Halliburton, both as an energy company and war profiteer.

But with approval ratings that would make Nixon blush, they can no longer brazenly whore for Big Oil. How about this bold move:

"Bush called on Congress to take away from the oil companies about $2 billion in tax breaks over 10 years, such as subsidizing research into deepwater drilling.

Bush had signed the tax breaks into law as part of a comprehensive energy bill last summer. He said the tax breaks are now unnecessary at a time of 'record oil prices and large cash flows.'

'Taxpayers don't need to be paying for certain of these expenses on behalf of the energy companies,' Bush said."

Excuse me? These tax breaks are no longer needed since last fucking summer? Did I miss the reports where Big Oil was in a downturn last summer? Did I miss $1/gallon gas last summer?

One thing is for sure: you won't see Cheney taking a break from shooting the eldery to trumpet the Bush record on energy. Think about where we might be today had the Corporate Media not willingly lapped at the feet of the Cheney administration when their sure-fire energy company enrichment plan was first rolled out:

"[USA Today 05/14/2001] There's a less-costly alternative to the administration's energy plan, one that government scientists say can help Americans realize huge savings and cut the growth in the nation's electricity demand by as much as 47 percent. But rather than embrace it, Cheney panned the idea.

'The aim here is efficiency, not austerity,' Cheney said of calls for increased efforts to conserve energy. 'Conservation may be a sign of personal virtue, but it is not a sufficient basis for a sound, comprehensive energy policy.'"

Bush takes aim at gas prices - Yahoo! News
USATODAY.com - Conservation doesn't enrich Cheney's energy friends:

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