What They Don't Tell You About Oil Industry Tax Breaks

http://smirkingchimp.com/thread/russ-baker/36363/what-they-dont-tell-you-about-oil-industry-tax-breaks



So I was reading this New York Times explainer on yet another failure to take the oil industry off the sweet, sweet gravy train. And my mind went back a bit to what's missing from the current discussion--the long, long history of tax breaks this powerhouse industry has won for itself over decades. It's a little scary, though, so brace yourself.

:snip:

In the 52-to-48 vote, 3 Democrats joined 45 Republicans in opposing the bill, which was supported by the Obama administration and fiscal watchdog groups that saw the tax help for the oil industry as wasteful. Forty-eight Democrats, two independents and two Republicans backed it.

It's not that it is wasteful. It's that it is welfare for the rich--giving an unnecessary advantage to those who already have every advantage.

As I discovered in researching the background of the rise of the Bush family for my book Family of Secrets, so much of the unknown origins of political intrigue--from the strenuous lobbying effort to get the freshman Congressman George H.W. Bush appointed to the House Ways and Means Committee as a freshman, to John F. Kennedy's political problems, to even Watergate--could be ascribed in part to the oil industry's urgency for protecting tax breaks. Sometimes, the tax breaks have been the most important part of the industry's profits. The most recent, defeated bill, sought to get rid of a number of loopholes and advantages. You can learn more here.

More at the link --

It isn't even close to being a working society according to distributions and what goes on.

The closest metaphor I can get, is what happens in much AI programming, where cascade loops occur, or feedback loops.

And the information people grow up learning, becomes how to mess things up worse, and the more they mess things up, the more they learn how to mess things up.

Thats why a leveling is a significant possibility.


However this is not new, the book Brave New World, spoke of such a condition, where only the guy that was raised in a normal environment could see how crazy the soma, and engineered disaster of society was.



Someone posted, well I did years ago, that in a society there is usually only 10% that can figure things out, and are willing to do something about it at some risk to themselves. The control state targets that 10% early, and tries to create a passified prison state.

If you look at the prison system, where they have common areas where many people mingle, solitary confinement, and guards behind glass and doors. You can see a metaphor for our society. (they think it is there society, that is a key component)

However everyone in prison is innocent, and the guards are the guilty, for false imprisonment.

That is why the USA is also in Gitmo, since anything that worked at Gimo, they will use in the USA, becuase the USA citizen is no different then the terrorist.



I am only talking about a few at think tanks, or that are burn outs with no empathy that think that way, many never see the prisoners, or never see the problems, and are just middle workers. But they are still at the same fault.


Side, note any attempt to censor comments, or continual refusal to correct what should be corrected will have to result in full retribution based on just and compassionate systems.

It is the only logical recourse.

Even if it is Red Birds on the pad.


Winter song.
http://www.youtube.com/watch?v=UkOKCWDJ4iA