Last week Slut Wallah was giving Senator Jim DeMint its center-stage stripper's pole so the Sc legislator could go on about government subsidies to companies that don't need them:
By Jim DeMint || There are two kinds of companies who receive corporate welfare from Washington: successful businesses that don’t need it, and unsuccessful companies that don’t deserve it.
Everything else you hear from politicians when corporate welfare comes up – rhetoric about public-private partnerships, about matching Europe’s subsidies of foreign competitors – is a mere distraction from the truth: They are mortgaging our children’s and grandchildren’s future to subsidize the politically connected.
But now Senator DeMint (and Senator Graham) ganged up on this joyride:
WASHINGTON - Senate Republicans, including Scott Brown of Massachusetts, today foiled President Obama’s plan to strip $24 billion in tax subsidies from the country’s largest oil companies, potentially fueling an election-year issue among voters disgruntled by escalating gas prices.
The 51-47 vote was mostly along party lines. Most Democrats, including Senator John Kerry, voted in favor of eliminating the subsidies but fell far short of the 60 votes needed to withstand a filibuster. Only Republican Senators Olympia Snowe and Susan Collins, both of Maine, joined the Democrats.
Four Democrats - Jim Webb of Virginia, Mary Landrieu of Louisiana, Ben Nelson of Nebraska and Mark Begich of Alaska - voted against repealing the subsidies. Begich and Landrieu represent states with large oil revenues.
Here's the net effect:
By Jim DeMint || There are two kinds of companies who receive corporate welfare from Washington: successful businesses that don’t need it, and unsuccessful companies that don’t deserve it.
Everything else you hear from politicians when corporate welfare comes up – rhetoric about public-private partnerships, about matching Europe’s subsidies of foreign competitors – is a mere distraction from the truth: They are mortgaging our children’s and grandchildren’s future to subsidize the politically connected.
But now Senator DeMint (and Senator Graham) ganged up on this joyride:
WASHINGTON - Senate Republicans, including Scott Brown of Massachusetts, today foiled President Obama’s plan to strip $24 billion in tax subsidies from the country’s largest oil companies, potentially fueling an election-year issue among voters disgruntled by escalating gas prices.
The 51-47 vote was mostly along party lines. Most Democrats, including Senator John Kerry, voted in favor of eliminating the subsidies but fell far short of the 60 votes needed to withstand a filibuster. Only Republican Senators Olympia Snowe and Susan Collins, both of Maine, joined the Democrats.
Four Democrats - Jim Webb of Virginia, Mary Landrieu of Louisiana, Ben Nelson of Nebraska and Mark Begich of Alaska - voted against repealing the subsidies. Begich and Landrieu represent states with large oil revenues.
Here's the net effect:
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