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Obama budget thins the gravy for the oil companies:

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Sinistrous Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-26-09 01:02 PM
Original message
Obama budget thins the gravy for the oil companies:
I bet the Big Oil lobby is at DEFCON 5 over these proposals. Let's hope the congresscritters don't cave on these:

http://www.blogs.abcnews.com/

$5.3 billion - excise tax on Gulf of Mexico oil and gas
$3.4 billion - repeal expensing of tangible drilling costs
$62 million - repeal deduction for tertiary injectants
$49 million - repeal passive loss exception for working interests in oil and natural gas properties
$13 billion - repeal manufacturing tax deduction for oil and natural gas companies
$1 billion - increase to 7 years geological and geophysical amortization period for independent producers


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fascisthunter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-26-09 01:05 PM
Response to Original message
1. The Republican Effort to Place our Government in Perpetual Debt
Edited on Thu Feb-26-09 02:03 PM by fascisthunter
is coming to an end. Grover Norquist has a big big mouth. I have to thank him for making it their agenda so obvious.
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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-26-09 01:11 PM
Response to Reply #1
2. Grover Norquist is a hateful despicable man.
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izquierdista Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-26-09 01:51 PM
Response to Reply #2
3. I'm waiting to see him on 'Forensic Files'
Where they piece together the clues to find out who strangled him in the bathtub.
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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-26-09 02:01 PM
Response to Reply #3
5. roflmao
That is a show I would Tivo and treasure.
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TheCoxwain Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-26-09 02:03 PM
Response to Reply #3
6. it will be even more fun when they find
Edited on Thu Feb-26-09 02:04 PM by TheCoxwain
that the finger prints found at the crime scene matches those of a certain Mr. Richard Cheney ( Address Unknown)
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TheCoxwain Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-26-09 02:00 PM
Response to Reply #2
4. You are being very kind to that miserable fraction of a human being. nt
Edited on Thu Feb-26-09 02:01 PM by TheCoxwain
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