Cliff Stearns (R-FL): Oil Companies Deserve Subsidies Because They Don't Need Them

[wtmusic]

This is not an actor portraying a jaded "politician". This is what they actually look like.

:crazy:

"So far this week, four the world’s top five oil companies have announced more than $24 billion in third quarter profits. And by the logic of Florida Congressman Cliff Stearns, that should mean those oil companies deserve more subsidies, not less.

Speaking at a town hall meeting last weekend in his home state of Florida, Stearns displayed a very sketchy grasp on how subsidies should work, explaining to Climate Progress that incentives should be given to mature companies, not early-stage companies.

'When somebody is successful, then you give them the subsidies and the tax credit,' explained Stearns, talking to Climate Progress. In short, the rich get richer. This is how the 1% operate."

http://thinkprogress.org/romm/2011/10/27/355251/cliff-stearns-subsidies/

[trumad]

1. And they inturn give you campaign contributions.

Douche!