Wednesday, May 14, 2008

Wolf Blitzer Interviews Hillary Clinton - What Should Happen to BIG Oil


Wolf Blitzer is interviewing Hillary Clinton this afternoon and the American Idealist can tell you that while I voted for Barack Obama in the primary I can get behind Hillary too.
What I liked about the interview this afternoon is that Hillary was relaxed, confident and forthcoming. Showing good leadership Clinton said something that I recently also read in Barack's book, the Audacity of Hope.
Oil companies in this country should not be receiving subsidies from taxpayers. They are making windfall profits out of all proportion to what they have invested to make those profits, and those windfall profits should be taxed and the money put into a fund for truly objective and innovative alternative energy research.
The last time I saw a bunch of lies told before Congress was with the tobacco industry executives who tried to convince us that smoking is good for you. The testimony of the oil executives in the past couple months was the same.
Who really believes BIG OIL is going to to ANYTHING other than protect their own big oil interests? The next time you watch one of those pathetic oil industry P.R. commercials telling you they are spending money in your interest to explore and find new sources of energy, think...

"We're taking your tax dollars to subsidize our outrageous profits and
lifestyles, the highest recorded profits in history - 'Exxon
Mobil's staggering $40.6 billion earnings for 2007 drive the truth home: There's
no business on the planet that gushes forth more profit than selling oil—nothing
even close,'
and we're not going to anything to jeopardize that because
we now make more money than most small countries, and don't think for a New
York second, that we aren't hard at work investing them in lobbying efforts,
advertising, and promotion to convince you the people to let us keep them!"

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