President Obama materialized in the Rose Garden this morning to demand that tax subsidies for oil companies come to an end. The Senate promptly failed to pass the legislation he wanted. But the measure never had a chance. Even if it had gotten through the Senate, it would be DBA – Dead Before Arrival – in the House.
The bill would have raised an average of $4 billion a year over ten years. That will really make a dent in the trillion dollar deficits we’re running.
What’s more, it will cause the companies to drill a little less, and probably raise gas prices a little bit too.
So let’s be clear about what was really going on here. Obama did not showing up to talk about oil companies. He arrived to discuss:
That’s right. This election will be won or lost by President Obama based on his ability to scare you with The Boogeyman.
The boogeyman is The One Percent, who are stealing all that money from you and refusing to pay taxes.
The boogeyman is the Financial Sector, which is loaning you money it knows you can’t pay back and giving you credit cards that have LATE FEES.
The boogeyman is health insurance companies, who are actually TRYING TO MAKE MONEY instead of giving you all the free health care you want.
The boogeyman is the oil companies, who have their hands in your pockets every time you go to fill up.
And once the campaign starts to heat up, you’ll find out that the boogeyman is also this guy:
Pretty scary, isn’t he? Does that nice woman know she’s with . . . THE BOOGEYMAN???