Thursday, December 20, 2007

The World According to Exxon

The decision to maintain the tax breaks was particularly shameful. Blessed by $90-a-barrel oil, the companies are rolling in profits, and there is no evidence to support the claim that they need these breaks to be able to explore for new resources. Yet the White House had the gall to argue that the breaks are necessary to protect consumers at the pump, and the Senate was craven enough to go along.

Without denying tax breaks to keep doing the same things, nothing will change and we will still be frog-marched over the cliff.

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