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(Think Progress)   RAND PAUL thinks that we should "encourage the oil companies" to screw us at the pump as much as possible   (thinkprogress.org) divider line 371
    More: Dumbass, oil companies, Jon Kyl  
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5213 clicks; posted to Politics » on 29 Mar 2012 at 4:27 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-03-29 02:23:32 PM
Ah yes. The "libertarian" who supports federal subsidies for oil companies.
 
2012-03-29 02:28:53 PM
oh gees....that picture of Rand Paul is priceless....
 
MBK [TotalFark]
2012-03-29 02:29:42 PM
Listen:

If they were hiring boatloads of more Americans, then I say let them get tax breaks.

But...here is a question for all you economists out there. Which will return the highest profits (assume the tax breaks are similar)

Keeping the same number of employees, raising prices, then getting tax breaks

or

Hiring new employees, keeping oil prices down and getting tax breaks
 
2012-03-29 03:23:29 PM
September 2011

Together, the Big Five oil companies:
• Recorded $36 billion in profits in the second quarter of this year.
• Repurchased nearly $10 billion worth of their own stock in the second quarter alone, thereby boosting the value of remaining shares.
• Distributed more than $7 billion in dividend payments to their investors in the second quarter.
• Paid their executives a total of nearly $220 million in 2010.

Despite these massive profits, oil companies are not creating jobs in the United States or globally.
• Despite generating $546 billion in profits between 2005 and 2010, ExxonMobil, Chevron, Shell, and BP combined to reduce their U.S. workforce by 11,200 employees over that time.
• Just in 2010 alone, the big 5 oil companies reduced their global workforce by a combined 4,400 employees, while making a combined $73 billion in profits.

i.imgur.com

Link (new window, .pdf)

Leeches.
 
2012-03-29 03:42:42 PM

Aarontology: Ah yes. The "libertarian" who supports federal subsidies for oil companies.


I'm sure he also supports their right to pay him huge bribes "campaign contributions"
 
2012-03-29 04:04:51 PM
Eh, doesn't matter. Large petroleum companies would love to be making profits and not be in the news. The way that happens is if "fuel" (as a general term) prices are down and reasonable.

Having them high gives them a lot of visibility, which they don't want. If they could, they'd make the cost of "fuel" to be back where it was in the late 90s.

But it's not up to them.

The high, unpredictable, historically aberrant price of "fuel" is mostly about future contracts speculation by folks who never intend to take delivery.
 
2012-03-29 04:28:49 PM
In his floor speech, Kyl claimed that ending the tax breaks would be "discriminatory."

How are Republicans able to even finish some of the bullshiat they run?

Oh right, with a completely straight face and genuine sincerity.
 
2012-03-29 04:30:14 PM
One silver dime!
 
2012-03-29 04:30:30 PM

ManateeGag: oh gees....that picture of Rand Paul is priceless....


That's just how he prays to aqua Buddha.
 
2012-03-29 04:30:59 PM
I'm in favor of drilling for oil in Rand Paul's hair.
 
2012-03-29 04:32:21 PM
Nothing shows how hard the oil industry is working for Americans than their tantrums they throw when their subsidies might get reduced after a record year of profits.
 
2012-03-29 04:32:24 PM
"We as a society need to glorify those who make a profit," Paul concluded.

fark off squirrel head, profit above all else shouldn't be glorified.
 
2012-03-29 04:32:29 PM
FTA: In his floor speech, Kyl claimed that ending the tax breaks would be "discriminatory." *

*Not meant to be a factual statement.
 
2012-03-29 04:33:25 PM
No. We should glorify the goverment for creating jobs.
 
2012-03-29 04:33:29 PM
Let's start a non profit oil company.

/almost serious
 
2012-03-29 04:34:14 PM
"We as a society need to glorify those who make a profit," Paul concluded.

i0.kym-cdn.com
 
2012-03-29 04:34:52 PM

Headso: "We as a society need to glorify those who make a profit," Paul concluded.

fark off squirrel head, profit above all else shouldn't be glorified.


All glory to the profit-makers, for truly our rectums belong to them. I'd like him to keep talking like that as much as possible and show people the real face of capitalists.
 
2012-03-29 04:35:00 PM
Who earns more off a gallon of gasoline - an oil company or the government?
 
2012-03-29 04:35:21 PM
Thanks, tea party retards.
 
2012-03-29 04:35:36 PM
[notsureifseriousorjustpaultard.jpg]
 
2012-03-29 04:36:50 PM

Headso: "We as a society need to glorify those who make a profit," Paul concluded.

fark off squirrel head, profit above all else shouldn't be glorified.


I went to the article because I didn't think it was possible that he actually said that.

What a shiat head.
 
2012-03-29 04:38:43 PM

Philip Francis Queeg: Headso: "We as a society need to glorify those who make a profit," Paul concluded.

fark off squirrel head, profit above all else shouldn't be glorified.

I went to the article because I didn't think it was possible that he actually said that.

What a shiat head.


You gotta admit that it almost perfectly encapsulates everything that's wrong with American society.

ALL GLORY TO THE PROFIT MARGIN.
 
2012-03-29 04:38:58 PM
Rand Paul is not a libertarian but he plays one on TV.
 
2012-03-29 04:39:17 PM
The GOP faithful will believe anything as long as it comes out of an old white guy with an R next to his name.

farking idiots
 
2012-03-29 04:39:52 PM

Sgt Stubby: Who earns more off a gallon of gasoline - an oil company or the government?


I think you need to put this troll account back in the closet. You can't lie dormant for months and then blow your wad all over 20 threads. Everyone knows you're a two pump chump. Slow down. Make it last.
 
2012-03-29 04:40:58 PM
Amazing. Half an hour ago he was arguing for an amendment limiting war powers of the executive. I liked that. Now I don't like this.

/friggin politics, bedfellows, something something
 
2012-03-29 04:41:10 PM
I'd also like to know, how is oil not a public utility at this point?

Besides all the bribing ofcourse
 
2012-03-29 04:41:39 PM

qorkfiend: Philip Francis Queeg: Headso: "We as a society need to glorify those who make a profit," Paul concluded.

fark off squirrel head, profit above all else shouldn't be glorified.

I went to the article because I didn't think it was possible that he actually said that.

What a shiat head.

You gotta admit that it almost perfectly encapsulates everything that's wrong with American society.

ALL GLORY TO THE PROFIT MARGIN.


Blessed be the Job Creators, for they shall lay off the workers.
 
2012-03-29 04:42:11 PM
I agree. If we could get gas up to $8 a gallon, we could eliminate a bunch of useless government subsidies for green power and rail and public transit, because no one would want to use those things anymore.
 
2012-03-29 04:42:20 PM

JewZeppy: Amazing. Half an hour ago he was arguing for an amendment limiting war powers of the executive. I liked that. Now I don't like this.

/friggin politics, bedfellows, something something


WTF? What would this amendment do?
 
2012-03-29 04:42:26 PM
"We as a society need to glorify those who make a profit," Paul concluded.

img16.imageshack.us

ALL GLORY UNTO HIS CHINS! MAY YOU BE BLESSED BY HIS BLUBBERY SHADOW!
 
2012-03-29 04:42:34 PM

ourbigdumbmouth: Let's start a non profit oil company.


I lived for a while near something kinda close. The nation's only refinery owned by farm co-ops, not a public corporation. Neither the refinery nor the co-ops are non-profit, per se, but they are member-owned along the same lines as credit unions.

Not the exploration or production end (in the US), but it does exist in refining and marketing.
 
2012-03-29 04:43:09 PM
When did he become Secretary of Energy?
 
2012-03-29 04:43:43 PM
Now I know that liberals are generally ignorant, but those comments upthread about oil companies 'not hiring anybody' is pure bs. First of all, liberals shut down their deep water gulf permits recently. Remember? They can't build their pipeline from Canada either. Remember? Liberals won't let them drill on federal lands (which is about half the country). Remember?

In the Dakotas and South Texas, they're hiring so many men that rents are skyrocketing out of a lack of housing. They're hiring all the help they can IN SPITE OF liberals doing everything humanly possible to prevent it.
 
2012-03-29 04:43:49 PM
I wonder if RAND knows that libertarianism is about things like eliminating corporate welfare and not so much about letting states decide about slavery?
 
2012-03-29 04:43:51 PM

Sgt Stubby: Who earns more off a gallon of gasoline - an oil company or the government?


It depends on the price. Federal tax on gasoline is the same per gallon whether the price is $1.50/gal or $6/gal. This isn't even the issue. Gasoline tax goes into infrastructure improvements.. you know.. stuff we actually need (just ask Minneapolis). Record petroleum profits help.. who exactly outside of their shareholders and board members?
 
2012-03-29 04:44:09 PM

JewZeppy: Half an hour ago he was arguing for an amendment limiting war powers of the executive. I liked that.


It's kind of a stupid idea, because it's redundant. The War Powers Resolution effectively says that the President is only allowed to use any military force without congressional authorization (or put forces in harms way) in defense of an attack on the US. Such an amendment wouldn't stop Congress from going full retard and granting all the power to the President anyway (like it did with the 9/11 AUMF).
 
2012-03-29 04:44:28 PM
"We as a society need to glorify those who make a profit," Paul concluded.

STFU, Ayn Rand.

"Psychopathy is a psychological condition based on well-established diagnostic criteria, including superficial charm, conning, and manipulative behavior, lack of empathy and remorse, and a willingness to take risks."

hmmm.... does that perhaps sound like Rand Paul?

/just asking questions
 
2012-03-29 04:44:30 PM
What a horrible, horrible human being. I truly hope something horrible happens to him.
 
2012-03-29 04:46:03 PM
He talks about profit as though there's an unlimited supply of money. You don't make money out of thin air, you take it from others.
 
2012-03-29 04:46:14 PM
thinkprogress.org

I have to admit, that's pretty talented. Fisting and oral at the same time.
 
2012-03-29 04:47:18 PM
Anyone else think he might be going for maximum trolling?
 
2012-03-29 04:47:26 PM
Smirky the Wonder Chimp
img16.imageshack.us

ALL GLORY UNTO HIS CHINS! MAY YOU BE BLESSED BY HIS BLUBBERY SHADOW!


Not bad. I'll also accept "Bargon wanchi kox paa, Solo. Hoo hoo hoo hoo!" as a caption.
 
2012-03-29 04:47:48 PM

Sgt Stubby: They're hiring all the help they can IN SPITE OF liberals doing everything humanly possible to prevent it.


Well... everything humanly possible short of cutting off the billions in corporate welfare the oil companies get, that is.
 
2012-03-29 04:48:17 PM
And yet there are idiots out there that vote for him, and most of those idiots wouldn't survive in his Randian utopia.
 
2012-03-29 04:49:06 PM
thinkprogress.org

Power to the Oil Companies, man!
 
2012-03-29 04:49:33 PM
thinkprogress.org
 
2012-03-29 04:49:33 PM

Sgt Stubby: Now I know that liberals are generally ignorant, but those comments upthread about oil companies 'not hiring anybody' is pure bs. First of all, liberals shut down their deep water gulf permits recently. Remember? They can't build their pipeline from Canada either. Remember? Liberals won't let them drill on federal lands (which is about half the country). Remember?

In the Dakotas and South Texas, they're hiring so many men that rents are skyrocketing out of a lack of housing. They're hiring all the help they can IN SPITE OF liberals doing everything humanly possible to prevent it.


..and yes, I know you're trolling, but I'm responding legitimately for the sake of information.

You can't just use terms like "hiring" in a (sincere) debate. You have to look at -net- job creation.

Also, Obama fast-tracked construction of Keystone XL south of Cushing last week. For some reason, this bit of news didn't get much play. It's the section north of that cuts through the aquifer that's being (rightfully) held for environmental review.
 
2012-03-29 04:49:49 PM

Sgt Stubby: Now I know that liberals are generally ignorant, but those comments upthread about oil companies 'not hiring anybody' is pure bs. First of all, liberals shut down their deep water gulf permits recently. Remember? They can't build their pipeline from Canada either. Remember? Liberals won't let them drill on federal lands (which is about half the country). Remember?

In the Dakotas and South Texas, they're hiring so many men that rents are skyrocketing out of a lack of housing. They're hiring all the help they can IN SPITE OF liberals doing everything humanly possible to prevent it.


memedepot.com
 
2012-03-29 04:49:49 PM

qorkfiend: JewZeppy: Amazing. Half an hour ago he was arguing for an amendment limiting war powers of the executive. I liked that. Now I don't like this.

/friggin politics, bedfellows, something something

WTF? What would this amendment do?



Oh, sorry, not a constitutional amendment. Just for a bill.

http://revolutionarypolitics.tv/video/viewVideo.php?video_id=18330 (new window)
 
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