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Tag: us politics

Big Oil: Tens of Billions in Cash Reserves but Opposing Fair Tax System

On September 19 President Barack Obama announced his plan to reduce the deficit by $4 trillion over the next 12 years, including raising $1.5 trillion by closing special interest loopholes and other revenue raisers. This includes eliminating $41 billion in tax loopholes for the oil and gas industry (p. 63) over the next decade.

Goodbye to All That: Reflections of a GOP Operative Who Left the Cult

This is a repost of a tremendous article by a true political insider, on just how much the GOP is owned by large corporations and willing to hold the country hostage to accomplish a few societally unhelpful goals (with bolding added by me until the sections on the GOP’s principal tenets at the bottom):

Politics in the U.S. — the Referees Have Left the Building, Obama is Constantly Looking for Them

I normally don’t do this, but this is a stellar post on politics in the U.S. from David Roberts of Grist, and you need to read the full thing, so I’m reposting it in whole. This is the story today. This is where we are and why we are so screwed. There are solutions. They are clear and what we promote here regularly, but they are not what Obama and Democratic leadership are pursuing.

Government Shutdown 2011: See How Much Republican Politicians Are Willing to Screw the U.S.?

A potential government shutdown is all the news right now, as it should be. The U.S. government could grind to a screeching halt due to Congress’ inability to agree on a budget. But many of the news agencies covering this possible shutdown are painting the picture much too evenly. (i.e. Is it the Democrats? Is it the Republicans? Who’s causing this potential disaster?…)