Romney Mocked The Idea Of Rising Ocean Levels At GOP Convention

Romney-mocks-climate-change

VIDEO – Mitt Romney mocked President Obama’s concern for the rise of the oceans and the environment in his acceptance speech at the Republican National Convention.  Romney delivered the line, “President Obama promised to begin to slow the rise of the oceans” and followed it with a long pause so the Republican attendees could laugh […]

Crossroads GPS, GOP Super PACs Target Ohio Senator Sherrod Brown

Sherrod-Brown

VIDEO – Crossroads GPS has already spent $2.5 million and has just started another $1 million campaign of negative ads targeting just one senator, Sen. Sherrod Brown (D – Ohio).   What happens when a senator stands up to big oil, Wall Street, and corporate outsourcing?  Ask Senator Sherrod Brown of Ohio.  Outside Super PACs […]

Billionaire Oil Baron Who Donated $985K To Romney’s Super PAC Is Also His Top Energy Adviser

Harold-Hamm

VIDEO – Oklahoma oil billionaire, Harold Hamm, gave Restore Our Future $985,000 just weeks after being named the Romney campaign’s top energy adviser.    Harold Hamm’s involvement in the campaign and his subsequent giant donation to Romney’s Restore Our Future super PAC sounds (to most rational people) like it would be illegal, under the law […]

Big Oil Successfully Buys Senate Vote Protecting Their Subsidies

Even as Big Oil rakes in record profits while the American people face cuts to vital social programs amidst ballooning national debt, they have successfully defended their tax breaks.  Tax subsidies to the oil industry go back to 1917, when intangible drilling costs were able to be fully deducted from a company’s expenses for tax purposes. In 1926, a write-off […]

Oil Subsidies – How Can We Help Big Oil Make MORE Money?

The top five oil companies totaled $32 billion in profits for the 2011 fiscal 3rd quarter, bringing their total profits for 2011 to an astounding $101 billion: Chevron 2011 3rd quarter profits of $7.83 billion – total earnings for 2011 over $21 billion. [Washington Post, 10/28/11] Exxon Mobil 2011 3rd quarter profits of $10.3 billion – total profits […]