The American Spectator : A Know Nothing

The American Spectator : A Know Nothing: "Another subject Mr. Obama thinks he knows about and doesn't is the oil companies. He hates them. He thinks they are subsidized by the workers in the cotton fields and then they exploit those workers. That is nonsense. Every business, every household, gets some deductions or credits for something. That's the way the tax code works. The taxpayers are not subsidizing "Big Oil" and "Big Oil" is now a lot smaller than it was twenty years ago. Now, the state players in the major oil producing states are the big boys. But why does Mr. Obama loathe the oil companies in the first place? They provide an essential product at a market price. They do not fix prices. The provide employment to millions and a comfortable way to travel to hundreds of millions. Why does Mr. Obama hate them? Because of a juvenile, City College of New York circa 1937 leftist view of the whole world. Sad. Disturbing. That is a highly anti-American worldview."

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