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Is Obama President Or Ruler?
On March 16th, Barack Obama signed a new Executive Order which expands upon a prior order issued in 1950 for Disaster Preparedness, and gives the office of the President complete control over all the resources in the United States in times of war or emergency...cont...
America do you need a place to vent about the direction our government is taking? Go to MomsAndDadsBeHeard a forum for you to speak out. Help us and be part of bringing our Great country back.
Monday, March 19, 2012
2009: Administration Policies Sought to Discourage ‘Overproduction’ of Oil
Geithner Obama Doesn't Want To Distort Oil Prices
In a May 2009 letter Timothy (the tax cheat) Geithner wrote: The Administration believes that oil and gas preferences distort markets by encouraging more investment in the oil and gas industry than would occur under a neutral system. To the extent the credit (sic) encourages overproduction of oil, it is detrimental to long-term energy security and is also inconsistent with the Administration’s policy of reducing carbon emissions and encouraging the use of renewable energy sources through a cap-and-trade program. Moreover, the credit (sic) must ultimately be financed with taxes that result in underinvestment in other, potentially more productive, areas of the economy...cont...
America do you need a place to vent about the direction our government is taking? Go to MomsAndDadsBeHeard a forum for you to speak out. Help us and be part of bringing our Great country back.
In a May 2009 letter Timothy (the tax cheat) Geithner wrote: The Administration believes that oil and gas preferences distort markets by encouraging more investment in the oil and gas industry than would occur under a neutral system. To the extent the credit (sic) encourages overproduction of oil, it is detrimental to long-term energy security and is also inconsistent with the Administration’s policy of reducing carbon emissions and encouraging the use of renewable energy sources through a cap-and-trade program. Moreover, the credit (sic) must ultimately be financed with taxes that result in underinvestment in other, potentially more productive, areas of the economy...cont...
America do you need a place to vent about the direction our government is taking? Go to MomsAndDadsBeHeard a forum for you to speak out. Help us and be part of bringing our Great country back.
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