SMRs and AMRs

Saturday, December 29, 2007

Politics and Profits: How the Oil Cartel Gets Its Way

With Democrats Like These, Who Needs Republicans?

By RALPH NADER

While many impoverished American families are shivering in the winter cold for lack of money to pay the oil baron their exorbitant price for home heating oil, ex-oil man, George W. Bush sleeps in a warm White House and relishes his defeat of the Congressional attempt to get rid of $15 billion in unconscionable tax breaks given those same profit-glutted oil companies like ExxonMobil when crude oil was half the price it is today.

This is the same George W. Bush who, calling himself a "compassionate conservative" in October 2000 made this promise to the American people: "First and foremost, we've got to make sure we fully fund the Low Income Home Energy Assistance Program (LIHEAP), which is a way to help low-income folks, particularly here in the East, pay for their high, high fuel bills."

So what did this serial promise-breaker propose this year? Mr. Bush wanted to cut the fuel aid program by $379 million! This entire assistance program is funded at about half of the $5 billion that state governors and lawmakers believe is essential to meet the needs of the six million people eligible to apply for such help this year.

(More here.)

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