Heimdalr
(?)Community Member
- Report Post
- Posted: Wed, 23 Jan 2013 17:26:04 +0000
Old Blue Collar Joe
First point, Ford wasn't bailed out. So when you start on the government bailed out the auto industry? Get it right. it was Government Motors that was bailed out, and Dodge. Not Ford.
Gas subsidies? Where? And lets also not forget that the most money made off of gas is by the government. Taxes are wonderful things when you buy such.
Oddly, Nevada has a rich mining heritage...but old Harry suck a d**k Reid refuses to allow them to be taxed. Imagine that. A luxury item that is in his state, and he won't tax it.
Gas subsidies? Where? And lets also not forget that the most money made off of gas is by the government. Taxes are wonderful things when you buy such.
Oddly, Nevada has a rich mining heritage...but old Harry suck a d**k Reid refuses to allow them to be taxed. Imagine that. A luxury item that is in his state, and he won't tax it.
The auto industry bailout of 2008-09 was certainly the most visible and recent auto industry subsidy, but it is in no way the only one. Clinton back in '93 fronted various manufacturers a ******** of cash to make hybrid cars. Bush did the same with his hydrogen-powered and unfortunately named "FreedomCar". Also, you're sure to remember Cash for Clunkers. That's only the current and two preceding administrations. In state and local governments, lawmakers often incentivize auto plant construction in their proximity even if it nearly bankrupts them. Don't come and tell me the US doesn't subsidize their auto industry, that's a flat out lie.
Of course, Obama, in his infinite wisdom, doesn't recognize this tradition and thinks he's on a moral high horse when he complains about China's auto industry subsidies, by the way. You're by no means alone in this willing ignorance.
Gas subsidies go to the oil industry. Through regular, ongoing tax breaks, the number is something like $12 billion a year, and on top of that you have the natural disasters. Do you remember Deepwater Horizon? The government had to step in and foot the bill for the cleanup. That's the most prominent and immediate example, I'd give dozens more but I'm about to leave and I hope you get the point by now.