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Taxes Back On The Table

Mike

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Democrats won't let it go. They will be adding taxes to oil company revenues through the back door with the "Committee" as designated in the Debt bill.

Don't the Democrats realize that taxes added to any company will just be passed on to the consumer? :roll:
 

flounder

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Mike said:
Democrats won't let it go. They will be adding taxes to oil company revenues through the back door with the "Committee" as designated in the Debt bill.

Don't the Democrats realize that taxes added to any company will just be passed on to the consumer? :roll:





Executive

Position

Company

Base Salary

Total Compensation





Kirk S. Hachigian

Chairman, President and CEO

Cooper Industries

$1,200,000

$25,076,513

Details



James T. Hackett

Chairman and CEO

Anadarko Petroleum Corp.

$1,567,500

$24,328,710

Details



G. Steven Farris

Chairman and CEO

Apache Corp.

$1,750,000

$19,294,429

Details



James J. Mulva

Chairman & CEO

ConocoPhillips

$1,500,000

$17,932,895

Details



Robert L. Moody Sr.

Chairman of the Board and CEO

American National Insurance

$2,000,000

$16,483,156

Details



A. Gould

Chairman and CEO

Schlumberger

$2,500,000

$15,557,996

Details



David J. Lesar

Chairman of the Board, President and CEO

Halliburton Co.

$1,358,500

$14,893,916

Details



A. J. Hirshberg

SVP, Planning and Strategy

ConocoPhillips

$173,011

$14,890,170

Details



John A. Carrig

President (retired)

ConocoPhillips

$1,165,000

$14,357,233

Details



Eugene M. Isenberg

Chairman of the Board and CEO

Nabors Industries

$1,235,000

$13,537,486

Details



Charles A. Meloy

SVP, Worldwide Operations

Anadarko Petroleum Corp.

$575,000

$13,456,652

Details



Mark G. Papa

Chairman of the Board and CEO

EOG Resources

$940,000

$13,086,345

Details



Robert E. Beauchamp

President and CEO

BMC Software

$950,000

$12,672,812

Details



Peter D. Kinnear

Chairman and CEO

FMC Technologies

$920,833

$10,986,564

Details



Forrest E. Wylie

Chairman and CEO

Buckeye Partners

$436,538

$10,928,245

Details



Charles D. Davidson

Chairman and CEO

Noble Energy

$1,012,644

$10,332,542

Details



C P. Cazalot Jr.

President and CEO

Marathon Oil Corp.

$1,400,000

$10,210,503

Details



Jack B. Moore

President and CEO

Cameron International Corp.

$987,654

$10,004,913

Details



Kenneth F. Spitler

Former Vice Chairman, President and COO

Sysco Corp.

$730,000

$9,987,297

Details



Mark M. Jacobs

President and CEO

GenOn Energy

$921,250

$9,699,847

Details



R A. Walker

President and COO

Anadarko Petroleum Corp.

$704,039

$9,644,518

Details



Peter R. Huntsman

President, CEO and Director

Huntsman Corp.

$1,500,000

$9,627,196

Details



William P. Utt

Chairman of the Board, President and CEO

KBR

$988,476

$9,553,209

Details



Greg L. Armstrong

Chairman and CEO

Plains All American Pipeline

$375,000

$9,509,336

Details



Chad C. Deaton

Principal Executive Officer

Baker Hughes

$1,283,461

$9,443,963

Details



John N. Molbeck Jr.

President and CEO

HCC Insurance Holdings

$1,950,000

$9,330,071

Details



Merrill A. Miller Jr.

President and CEO

National Oilwell Varco

$950,000

$9,250,871

Details



Anthony G. Petrello

Deputy Chairman of the Board, President and COO

Nabors Industries

$1,045,000

$8,992,340

Details



James C. Flores

Chairman of the Board, President and CEO

Plains Exploration & Production Co.

$1,400,000

$8,991,741

Details



Douglas L. Foshee

Chairman, President and CEO

El Paso Corp.

$1,068,756

$8,453,634

Details



Philip K. Asherman

President, CEO

CB&I

$985,000

$8,378,474

Details



Robert P. Daniels

SVP, Worldwide Exploration

Anadarko Petroleum Corp.

$575,000

$8,162,306

Details



John J. Lipinski

CEO

CVR Energy

$900,000

$7,893,340

Details



Louis A. Raspino

President and CEO and Director

Pride International

$950,000

$7,800,064

Details



Floyd C. Wilson

Chairman of the Board and CEO

Petrohawk Energy Corp.

$1,000,000

$7,737,760

Details



George L. Lindemann

Chairman of the Board and CEO

Southern Union Co.

$1,000,000

$7,704,594

Details



John D. Schiller Jr.

Chairman of the Board and CEO

Energy XXI

$600,000

$7,700,505

Details



Harry N. Pefanis

President and COO

Plains All American Pipeline

$300,000

$7,362,411

Details



Eric D. Herschmann

Vice Chairman of the Board and President and COO

Southern Union Co.

$950,000

$7,328,179

Details



J. A. Fees

Former CEO

McDermott International

$455,625

$7,187,111

Details



Larry E. Reimert

Co-Chairman of the Board and Former Co-CEO

Dril-Quip

$589,615

$7,080,130

Details



Dan O. Dinges

Chairman, President and CEO

Cabot Oil & Gas Corp.

$595,833

$7,020,780

Details



Tracy W. Krohn

Chairman and CEO

W&T Offshore

$1,000,000

$6,983,299

Details



David P. Steiner

President and CEO

Waste Management

$1,073,077

$6,961,423

Details



Loren M. Leiker

Senior EVP, Exploration

EOG Resources

$601,269

$6,889,376

Details



Gary L. Thomas

Senior EVP, Operations

EOG Resources

$601,269

$6,881,464

Details



Rodney J. Eichler

Co-COO and President — International

Apache Corp.

$634,375

$6,872,077

Details



Gregory L. Ebel

President and CEO

Spectra Energy Corp.

$975,000

$6,864,886

Details



C. Sbiti

Senior Executive Advisor

Schlumberger

$1,287,654

$6,801,833

Details



S. Pai

Vice President, Operations

Schlumberger

$796,813

$6,633,016

Details



snip...



http://fuelfix.com/blog/2011/07/26/want-to-find-out-who-makes-the-most-find-out-here/?appSession=490230455279225&RecordID=&PageID=2&PrevPageID=&cpipage=1&CPISortType=&CPIorderBy



scroll down and see page and page of corporate greed. why should these people not pay taxes like the low and middle class hard working people $




The Four Great Hypocrisies of the Debt Deal

Keith Olbermann

August 1, 2011 at 10:00 am

http://current.com/shows/countdown/videos/special-comment-the-four-great-hypocrisies-of-the-debt-deal

The President abandoned the Democrats, and abandoned ship. He should not have backed down, and the tax cuts for the rich should have been abolished. the republicans got what they wanted, the teaparty terrorist got one step closer in doing what they said they would do, bring this President down. the President should have used the 14th Amendment to raise the debt ceiling weeks ago. He cannot continue to cower down every time the republicans and teaparty terrorist try and hold the Country hostage, while calling for ransom from the social security, Medicare, disability, Medicaid, VA pay etc., but yet refuse to pay their fare share. just look at the wealth in the Houston, Texas area, and then ask yourself why these guys need a tax break. where are those jobs at ??? I mean, a bonus at the end of the year is one thing, and I always admired a pat on the back, (I never even got a turkey after 17 years), but I always admired a pat on the back. but this, this is nothing more than greed, and I don't think greed from a Republican or Democrat should come with a tax cut.



http://www.huffingtonpost.com/social/Terry_S_Singeltary_Sr/john-boehner-debt-ceiling-plan-republicans_n_908343_99045241.html



then think of what kinda of jobs some of these rich corporate %#%)#&$ are creating ;

Leonard Dennis Kozlowski [1] (born November 16, 1946, Newark, New Jersey) is a former CEO of Tyco International, convicted in 2005 of crimes related to his receipt of $81 million in purportedly unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director. He is currently serving 8.33 to 25 years at the Mid-State Correctional Facility in Marcy, New York. His earliest release date is January 17, 2014, when he becomes eligible for parole.

Lifestyle

Kozlowski became notorious for his extravagant lifestyle supported by the booming stock market of the late 1990s and early 2000s; allegedly, he had Tyco pay for his $30 million New York City apartment which included $6,000 shower curtains and $15,000 "dog umbrella stands".

According to Forbes, Kozlowski also purchased several acres in the private gated community, "The Sanctuary", in Boca Raton, Florida, while he was CEO at Tyco International.

Tyco paid $1 million (half of the $2 million bill) for the 40th birthday party of Kozlowski's second wife, Karen M. Kozlowski. The extravagant party, held on the Italian island of Sardinia, featured an ice sculpture of the Statue of David[clarification needed] urinating Stolichnaya vodka. This birthday bash was disguised as a shareholder meeting in order to get corporate funding. In a camcorder video, Dennis Kozlowski states that this party will bring out a Tyco core competency - the ability to party hard. Subsequently, this shareholder meeting/birthday party became known as the Tyco Roman Orgy.[5]

http://en.wikipedia.org/wiki/Dennis_Kozlowski

http://cache.goingconcern.com/uploads/2010/07/kozlowski_party-260x173.jpg

Salary triples for Goldman CEO Blankfein

By Agence France-Presse Saturday, January 29th, 2011 -- 12:32 pm

WASHINGTON — US banking powerhouse Goldman Sachs said Friday it was more than tripling the salary of chief executive Lloyd Blankfein to $2 million in 2011 from $600,000 last year.

The four other top executives of Wall Street's premier investment bank will also see their basic salaries triple from the present $600,000: chief operating officer Gary Cohn, finance director David Viniar, and two vice presidents Michael Evans and John Weinberg will each earn $1.85 million, Goldman said in a document published Friday.

Such sums do not include the year-end bonuses which regularly multiply salaries at the top US banks by several times.

Last year Blankfein pulled in a bonus of $9 million

http://www.rawstory.com/rs/2011/01/29/salary-triples-goldman-ceo-blankfein/

McClatchy Investigation Exposes Goldman Sachs Corruption And Influence Over Treasury Dept

by Stan on Monday, December 7, 2009 at 5:29 pm in Politics

Greg Gordon of McClatchy Newspapers conducted a five-month investigation into the shady corrupt dealings of Wall Street investment bank Goldman Sachs, and here is some of what he found:

McClatchy’s inquiry found that Goldman Sachs: •Bought and converted into high-yield bonds tens of thousands of mortgages from subprime lenders that became the subjects of FBI investigations into whether they’d misled borrowers or exaggerated applicants’ incomes to justify making hefty loans. •Used offshore tax havens to shuffle its mortgage-backed securities to institutions worldwide, including European and Asian banks, often in secret deals run through the Cayman Islands, a British territory in the Caribbean that companies use to bypass U.S. disclosure requirements. •Has dispatched lawyers across the country to repossess homes from bankrupt or financially struggling individuals, many of whom lacked sufficient credit or income but got subprime mortgages anyway because Wall Street made it easy for them to qualify. •Was buoyed last fall by key federal bailout decisions, at least two of which involved then-Treasury Secretary Henry Paulson, a former Goldman chief executive whose staff at Treasury included several other Goldman alumni.

The firm benefited when Paulson elected not to save rival Lehman Brothers from collapse, and when he organized a massive rescue of tottering global insurer American International Group while in constant telephone contact with Goldman chief Blankfein. With the Federal Reserve Board’s blessing, AIG later used $12.9 billion in taxpayers’ dollars to pay off every penny it owed Goldman.

These decisions preserved billions of dollars in value for Goldman’s executives and shareholders. For example, Blankfein held 1.6 million shares in the company in September 2008, and he could have lost more than $150 million if his firm had gone bankrupt.

With the help of more than $23 billion in direct and indirect federal aid, Goldman appears to have emerged intact from the economic implosion, limiting its subprime losses to $1.5 billion. By repaying $10 billion in direct federal bailout money — a 23 percent taxpayer return that exceeded federal officials’ demand — the firm has escaped tough federal limits on 2009 bonuses to executives of firms that received bailout money.

Goldman announced record earnings in July, and the firm is on course to surpass $50 billion in revenue in 2009 and to pay its employees more than $20 billion in year-end bonuses.

The fact that Henry Paulson, Lloyd Blankfein, and other Goldman officials are still walking around as free citizens — and will undoubtedly continue to do so — just demonstrates how we have one rule of law for the elites in this country, and then an entirely other one for everyone else. President Obama and his Attorney General Eric Holder will NEVER allow an independent investigation into the Treasury Department’s dealings in the matter.

America may be a lot of things, but it is NO LONGER a nation of laws.

http://www.alterpolitics.com/politics/mcclatchy-investigation-exposes-goldman-sachs-corruption-and-influence-over-treasury-dept/

ENRON

2001 Accounting scandal

Main article: Enron scandal

In 2001, after a series of revelations involving irregular accounting procedures bordering on fraud perpetrated throughout the 1990s involving Enron and its accounting firm Arthur Andersen, Enron suffered the largest Chapter 11 bankruptcy in history (since surpassed by those of Worldcom in 2002 and Lehman Brothers in 2008).

As the scandal unraveled, Enron shares dropped from over US$90.00 in the summer of 2000 to just pennies. Enron had been considered a blue chip stock, so this was an unprecedented and disastrous event in the financial world. Enron's plunge occurred after it was revealed that much of its profits and revenue were the result of deals with special purpose entities (limited partnerships which it controlled). The result was that many of Enron's debts and the losses that it suffered were not reported in its financial statements.

A white knight rescue attempt by a similar, smaller energy company, Dynegy, collapsed in late November due to concerns over an unexpected restatement of earnings. Enron filed for bankruptcy on December 2, 2001. In addition, the scandal caused the dissolution of Arthur Andersen, which at the time was one of the world's top accounting firms. The firm was found guilty of obstruction of justice in 2002 for destroying documents related to the Enron audit. Since the SEC is not allowed to accept audits from convicted felons, Andersen was forced to stop auditing public companies. Although the conviction was thrown out in 2005 by the Supreme Court, the damage to the Andersen name has prevented it from returning as a viable business even on a limited scale.

Enron also withdrew a naming rights deal with the Houston Astros Major League Baseball club to have its name associated with their new stadium, which was formerly known as Enron Field (now Minute Maid Park).

[edit] Accounting practices

Enron had created offshore entities, units which may be used for planning and avoidance of taxes, raising the profitability of a business. This provided ownership and management with full freedom of currency movement and the anonymity that allowed the company to hide losses. These entities made Enron look more profitable than it actually was, and created a dangerous spiral, in which each quarter, corporate officers would have to perform more and more contorted financial deception to create the illusion of billions in profits while the company was actually losing money.[8] This practice drove up their stock price to new levels, at which point the executives began to work on insider information and trade millions of dollars worth of Enron stock. The executives and insiders at Enron knew about the offshore accounts that were hiding losses for the company; however, the investors knew nothing of this. Chief Financial Officer Andrew Fastow led the team which created the off-books companies, and manipulated the deals to provide himself, his family, and his friends with hundreds of millions of dollars in guaranteed revenue, at the expense of the corporation for which he worked and its stockholders.

In 1999, Enron launched EnronOnline, an Internet-based trading operation, which was used by virtually every energy company in the United States. Enron president and chief operating officer Jeffrey Skilling began advocating a novel idea: the company didn't really need any "assets." By pushing the company's aggressive investment strategy, he helped make Enron the biggest wholesaler of gas and electricity, trading over $27 billion per quarter. The firm's figures, however, had to be accepted at face value. Under Skilling, Enron adopted mark to market accounting, in which anticipated future profits from any deal were tabulated as if real today. Thus, Enron could record gains from what over time might turn out to be losses, as the company's fiscal health became secondary to manipulating its stock price on Wall Street during the Tech boom. But when a company's success is measured by agreeable financial statements emerging from a black box, a term Skilling himself admitted, actual balance sheets prove inconvenient. Indeed, Enron's unscrupulous actions were often gambles to keep the deception going and so push up the stock price, which was posted daily in the company elevator. An advancing number meant a continued infusion of investor capital on which debt-ridden Enron in large part subsisted. Under pressure to maintain the illusion, Skilling verbally attacked Wall Street Analyst Richard Grubman,[9] who questioned Enron's unusual accounting practice during a recorded conference call. When Grubman complained that Enron was the only company that could not release a balance sheet along with its earnings statements, Skilling replied "Well, thank you very much, we appreciate that . . . asshole." Though the comment was met with dismay and astonishment by press and public, it became an inside joke among many Enron employees, mocking Grubman for his perceived meddling rather than Skilling's lack of tact. When asked during his trial, Skilling wholeheartedly admitted that industrial dominance and abuse was a global problem: "Oh yes, yes sure, it is."[10]

[edit] Peak and decline of stock price

In August 2000, Enron's stock price hit its highest value of $90.[11] At this point Enron executives, who possessed the inside information on the hidden losses, began to sell their stock. At the same time, the general public and Enron's investors were told to buy the stock. Executives told the investors that the stock would continue to climb until it reached possibly the $130 to $140 range, while secretly unloading their shares.

As executives sold their shares, the price began to drop. Investors were told to continue buying stock or hold steady if they already owned Enron because the stock price would rebound in the near future. Kenneth Lay's strategy for responding to Enron's continuing problems was in his demeanor. As he did many times, Lay would issue a statement or make an appearance to calm investors and assure them that Enron was headed in the right direction.

By August 15, 2001, Enron's stock price had fallen to $42. Many of the investors still trusted Lay and believed that Enron would rule the market. They continued to buy or hold their stock and lost more money every day. As October closed, the stock had fallen to $15. Many saw this as a great opportunity to buy Enron stock because of what Lay had been telling them in the media. Their trust and optimism proved to be greatly misplaced.

Lay has been accused of selling over $70 million worth of stock at this time, which he used to repay cash advances on lines of credit. He sold another $20 million worth of stock in the open market. Also, Lay's wife, Linda, has been accused of selling 500,000 shares of Enron stock totaling $1.2 million on November 28, 2001. The money earned from this sale did not go to the family but rather to charitable organizations, which had already received pledges of contributions from the foundation. Records show that Mrs. Lay placed the sale order sometime between 10:00 and 10:20 am. News of Enron's problems, including the millions of dollars in losses they had been hiding went public about 10:30 that morning, and the stock price soon fell to below one dollar. Former Enron executive Paula Rieker has been charged with criminal insider trading. Rieker obtained 18,380 Enron shares for $15.51 a share. She sold that stock for $49.77 a share in July 2001, a week before the public was told what she already knew about the $102 million loss.

http://en.wikipedia.org/wiki/Enron

Rupert Murdoch

Rupert Murdoch was listed three times in the Time 100 as among the most influential people in the world. He is ranked 13th most powerful person in the world in the 2010 Forbes' The World's Most Powerful People list.[6] With a net worth of US$7.6 billion, he was ranked 117th wealthiest person in the world in March 2011.[1]

snip...

News International phone hacking scandal

Main article: News International phone hacking scandal

James and Rupert Murdoch testify at the parliamentary committee. In July of 2011 Murdoch became a prominent figure in the media after widespread allegations that the now defunct tabloid News of the World, owned by Murdoch's NewsCorps, had been regularly hacking the phones of private citizens.

On 14 July, the Culture, Media and Sport Committee of the House of Commons served a summons on Murdoch, his son James, and his former CEO Rebekah Brooks to testify before a committee on July 19.[52] After an initial refusal, the Murdochs confirmed they would attend after the committee issued them a summons to Parliament.[53] The day before the committee, the website of the NewsCorp publication The Sun was hacked, and a bogus story was posted on the front page claiming that Murdoch had died.[54]Murdoch described the day of the committee "the most humble day of my life". He argued that since he ran a global business of 53,000 employees and that the News of the World was "just 1%" of this, he was not ultimately responsible for what went on at the tabloid. He added that he had not considered resigning,[55] and that he and the other top executives had been completely unaware of the hacking.[56][57]

A personal full-page apology ad published in British newspapers by News International. [58] On 15 July Rupert Murdoch attended a private meeting in London with the family of Milly Dowler, where he personally apologised for the hacking of their murdered daughter's voicemail by a company he owns. The Dowler family's solicitor later said Murdoch appeared shaken and upset during the talks. He added that the Dowlers were surprised Murdoch's son James did not attend and called on the News International chairman to "take some responsibility" in the affair.[59][60]On 16 and 17 July, News International published two full-page apologies in many of Britain's national newspapers. The first apology took the form of a letter, signed by Rupert Murdoch, in which he said sorry for the "serious wrongdoing" that occurred. The second was titled "Putting right what's gone wrong", and gave more detail about the steps News International was taking to address the public's concerns.[61] On 15 July, Rupert Murdoch in interview with the News Corp owned Wall Street Journal personally apologised for the News of the World letting slip the group's standards of journalism.[citation needed]

[edit] Activities in the United States

Murdoch made his first acquisition in the United States in 1973, when he purchased the San Antonio Express-News. Soon afterwards, he founded Star, a supermarket tabloid, and in 1976, he purchased the New York Post. On 4 September 1985, Murdoch became a naturalised citizen to satisfy the legal requirement that only US citizens were permitted to own American television stations. This resulted in Murdoch losing his Australian citizenship.[62][63] Also in 1985, Murdoch purchased the 20th Century Fox movie studio. In 1986, Murdoch purchased six television stations owned by Metromedia. These stations would form the nucleus of the Fox Broadcasting Company, which was founded on 9 October 1986. In 1987 in Australia, he bought The Herald and Weekly Times Ltd, the company that his father had once managed. By 1991, his Australian-based News Corp. had worked up huge debts (much from Sky TV in the UK)[citation needed], forcing Murdoch to sell many of the American magazine interests he had acquired in the mid-1980s.

Murdoch at the World Economic Forum, 2009 In 1995, Murdoch's Fox Network became the object of scrutiny from the Federal Communications Commission (FCC), when it was alleged that News Ltd.'s Australian base made Murdoch's ownership of Fox illegal. However, the FCC ruled in Murdoch's favor, stating that his ownership of Fox was in the best interests of the public. That same year, Murdoch announced a deal with MCI Communications to develop a major news website and magazine, The Weekly Standard. Also that year, News Corp. launched the Foxtel pay television network in Australia in partnership with Telstra.

In 1996, Murdoch decided to enter the cable news market with the Fox News Channel, a 24-hour cable news television station. Ratings studies released in the fourth quarter of 2004 showed that the network was responsible for nine of the top ten programs in the "Cable News" category at that time[citation needed]. Rupert Murdoch and Ted Turner (founder and former owner of CNN) are long-standing rivals.[64]

In late 2003, Murdoch acquired a 34 percent stake in Hughes Electronics, the operator of the largest American satellite TV system, DirecTV, from General Motors for $6 billion (USD).[citation needed]

In 2004, Murdoch announced that he was moving News Corp.'s headquarters from Adelaide, Australia to the United States. Choosing a US domicile was designed to ensure that American fund managers could purchase shares in the company, since many were deciding not to buy shares in non-US companies. Some analysts believed that News Corp.'s Australian domicile was leading to the company being undervalued compared with its peers.

On 20 July 2005, News Corp. bought Intermix Media Inc., which held MySpace.com and other popular social networking-themed websites, for $580 million USD.[65] In June 2011, it sold off Myspace for US$35 million.[66] On 11 September 2005, News Corp. announced that it would buy IGN Entertainment for $650 million (USD).[67]

In May 2007, Murdoch made a $5 billion offer to purchase Dow Jones, owner of the Wall Street Journal. At the time, the Bancroft family, which controlled 64% of the shares, firmly declined the offer, opposing Murdoch's much-used strategy of slashing employee numbers and "gutting" existing systems. Later, the Bancroft family confirmed a willingness to consider a sale – besides Murdoch, the Associated Press reported that supermarket magnate Ron Burkle and Internet entrepreneur Brad Greenspan were among the interested parties.[68] On 1 August 2007, the BBC's "News and World Report"[69] and NPR's Marketplace[70] radio programs reported that Murdoch had acquired Dow Jones; this news was received with mixed reactions.

[edit] Support for American politicians and political positions

McNight (2010) identifies four characteristics of his media operations: free market ideology; unified positions on matters of public policy; global editorial meetings; and opposition to a perceived liberal bias in other public media.[71]

On 8 May 2006, the Financial Times reported that Murdoch would be hosting a fund-raiser for Senator Hillary Clinton's (D-New York) Senate re-election campaign.[72]

In a 2008 interview with Walt Mossberg, Murdoch was asked whether he had "anything to do with the New York Post's endorsement of Barack Obama in the democratic primaries." Without hesitating, Murdoch replied, "Yeah. He is a rock star. It's fantastic. I love what he is saying about education. I don't think he will win Florida... but he will win in Ohio and the election. I am anxious to meet him. I want to see if he will walk the walk."[73][74]Murdoch is a strong supporter of Israel and its domestic policies. [75]

In 2010 News Corporation gave $1 million to the Republican Governors Association and $1 million to the U.S. Chamber of Commerce.[76][77][78]

Murdoch also served on the board of directors of the libertarian Cato Institute.[79]

http://en.wikipedia.org/wiki/Rupert_Murdoch

EXECUTIVE PROFILE*

Keith Rupert Murdoch

Chairman of The Board, Chief Executive officer, Director of News Limited, Director of Star Group, Director of News America and Director of News International, News Corp.

Age 81

Total Calculated Compensation

$22,725,275 As of Fiscal Year 2010

ANNUAL COMPENSATION*

Salary

$8,100,000

Total Annual Compensation

$8,100,000

STOCK OPTIONS*

Restricted Stock Awards

$4,050,000

All Other Compensation

$296,475

TOTAL COMPENSATION*

Total Annual Cash Compensation

$12,765,275

Total Short Term Compensation

$8,100,000

Other Long Term Compensation

$4,346,475

Total Calculated Compensation

$22,725,275

This person is connected to 98 board members in 17 different organizations across 20 different industries.

See Board Relationships

http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=393701&ticker=NWS:US

Corporate Criminals

http://www.youtube.com/watch?v=vu4B2DqOCWE


and these bozos still want tax cuts for the rich, while low to middle income struggling families pay more taxes than the rich $$$


WHY ???


APPEAL THE TAX CUTS FOR THE RICH !!!


TSS
 

Tex

Well-known member
Joined
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Messages
2,156
Reaction score
0
Location
Texas
Mike said:
Democrats won't let it go. They will be adding taxes to oil company revenues through the back door with the "Committee" as designated in the Debt bill.

Don't the Democrats realize that taxes added to any company will just be passed on to the consumer? :roll:


No, Mike that is not necessarily true but even if it was, it would help bring down the federal deficit.

Tex
 
A

Anonymous

Guest
Mike said:
Democrats won't let it go. They will be adding taxes to oil company revenues through the back door with the "Committee" as designated in the Debt bill.

Don't the Democrats realize that taxes added to any company will just be passed on to the consumer? :roll:

Is that any different than GW and the Republican controlled Congress not taking the heed of Treasury Secretary Paul O'Neil and his warnings that you can't cut taxes while fighting two wars without putting the country in great economic peril....
A prediction that by the way came true...

A report commissioned in 2002 by O'Neill, while he was Treasury Secretary, suggested the United States faced future federal budget deficits of more than US$ 500 billion. The report also suggested that sharp tax increases, massive spending cuts, or both would be unavoidable if the United States were to meet benefit promises to its future generations. The study estimated that closing the budget gap would require the equivalent of an immediate and permanent 66 percent across-the-board income tax increase. The Bush administration left the findings out of the 2004 annual budget report published in February 2003.

O'Neill's private feuds with Bush's tax cut policies and his push to further investigate alleged al-Qaeda funding from some American-allied countries, as well as his objection to the invasion of Iraq in the name of the war on terror — that he considered as nothing but a simple excuse for a war decided long before by neoconservative elements of the first Bush Administration — led to him being fired.

I believe you need a balanced approach to take care of the debt that has been built for years-- both more revenue coming in by way of taxes (much of which could be handled by closing many of the corporate loopholes and exemptions) and cuts in federal spending (much of which could be handled by a crackdown on waste/fraud) to more quickly bring down the federal deficit...
 

Tex

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Mike said:
Democrats won't let it go. They will be adding taxes to oil company revenues through the back door with the "Committee" as designated in the Debt bill.

Don't the Democrats realize that taxes added to any company will just be passed on to the consumer? :roll:


No, Mike that is not necessarily true but even if it was, it would help bring down the federal deficit.

Tex
 

Mike

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Tex said:
Mike said:
Democrats won't let it go. They will be adding taxes to oil company revenues through the back door with the "Committee" as designated in the Debt bill.

Don't the Democrats realize that taxes added to any company will just be passed on to the consumer? :roll:


No, Mike that is not necessarily true but even if it was, it would help bring down the federal deficit.

Tex

That is necessarily true and if you tax oil, not only will the wealthy be paying some money towards the deficit, the poor will be paying a higher proportion of it because there are many more poor drivers than there are rich ones.

Is that what you want? The poor to pay the country out of debt? :lol: :lol:

Cut, Cap, & Balance. The only way out.
 

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