Papantonio: The Truth About Oil Subsidies

[GoLeft TV]

Run time: 07:31 https://www.youtube.com/watch?v=eamWUj91CZs   Posted on YouTube: May 28, 2011 By YouTube Member: golefttv Views on YouTube: 51   Posted on DU: May 28, 2011 By DU Member: GoLeft TV Views on DU: 832

 
Ring of Fire’s Mike Papantonio talks with Tyson Slocum from Public Citizen about the truth behind oil subsidies and the government’s other oil industry giveaways. Here’s a hint, that $4 billion number being thrown around by the media is only one-tenth of what they actually get from the government.

[kimsarah]

1. Maybe

if we ended Bush tax cuts for the wealthy, we could afford to give the oil companies more public money in government subsidies.

[Overseas]

2. K&R.

Very sad.

Money really has taken over.

Otherwise we'd have stopped deep oil drilling after the Deepwater Horizon disaster.

And we would have a plan to close all our nukes after Fukushima.