Saturday, May 14, 2011

Truth, Justice, and the American Way of Oil Subsidies

http://krugman.blogs.nytimes.com/2011/05/12/truth-justice-and-the-american-way-of-oil-subsidies/

May 12, 2011, 5:08 PM

Even a hardened cynic like myself is often amazed at what people think they can get away with. First the Ma-he’s-looking-at-me-funny whining from Wall Street, now this:

ConocoPhillips, one of the world’s largest and most profitable oil companies, yesterday said it’s “un-American” to take away taxpayer subsidies from the oil industry. This wasn’t a verbal slip; the comment was put in a press release.

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