Friday, February 2, 2007

Oil Tax Breaks

I have an idea that can alleviate the debt that we have got ourselves in because of this "war on terrorism." I was always somewhat confused about the fact that America went back to the Middle East after the Oil Embargo of the 1970's. After all, we did find numerous alternative fuel sources. But that was just a poorly thought out economic mistake - nothing like what's happening today.

Oil is responsible for this war in a way that most people don't see. We have known for decades that many countries in the Middle East were totalitarian states that were thriving on American capital and, in turn, using it to either become embroiled in wars with neighboring countries or systematically slaughter its own population. The American oil corps. have been personally funding Saudi Arabia, Iraq, Nigeria, Sudan, etc. etc., thus providing their regimes the means to commit their heinous acts of violence. Should a mother give money to her son or daughter if she knows that it will be used to buy drugs? Should a world power give a poor country money if it knows that it will be used for genocide and terrorism?

Because American oil corporations refused to acknowledge this and decided to continue to do business with genocide and terrorism, they should flip the bill for this debacle. The oil companies are turning such a profit that they themselves could pay for this whole war - past, present, and future - and still make enormous profits. One of the things that the democratic congress failed to do - that they said they would in "the first 100 hours"- was to take away the tax breaks from the oil companies. The oil corporations get upwards of 32 billion dollars a year in tax breaks! Take a minute to soak that in. 32 billion dollars. The congress cut a measly 5 billion.

I think that we should take away all the oil corporations tax breaks - since they are responsible for the war - and use that money to fund the endeavors in Iraq - preferably to pull out our troops and pay past debts.


1 comment:

Anonymous said...

Keep up the good work.