Glenn Beck and Sen. Domenici on Gas Tax Cuts
Below is the transcript of Glenn Beck’s interview with Senator Pete Domenici (R-NM). Senator Dominici hits on some very good points regarding the fuel situation (from CNN.com). It’s not “big oil” that is our enemy, it is liberal Democrats and environmentalist whackos….
BECK: Well, if you`ve been paying any attention to the news over the last week, you probably heard something about a gas tax holiday. But in some cases, the gift of lifting that gas tax comes along with something they like to call a windfall profits tax, a tax on excess profits made by the greedy oil companies. Oh, they`re twisting their moustaches in their office right now.
Sounds pretty good, doesn`t it? Not so much. Everything you ever wanted to know about windfall profits — I don`t happen to know all that much — but we`ll make it interesting in tonight`s “Real Story,” coming up.
All three presidential candidates now continue to weigh in on the idea of the gas tax holiday for the summer. John McCain is in favor of it. Hillary Clinton has jumped on board, calling it a “real and immediate solution.” Barack Obama disagrees, saying it would only save the average American a few bucks a week and what`s that, really?
You know, maybe an elitist like Barack Obama doesn`t really care about a few extra bucks in his pocket, but I`ll take it. I mean, people who live in the real America, you know, we`ll take anything we can get.
What none of the candidates, however, will say is that the gas tax holiday is a red herring. Why are we arguing about this? It might feel like relief in the short term, but it doesn`t address any of the real problems. And that problem is, we need more oil. Supply is low, demand is high. And that`s why prices are up. And it ain`t going away, Jack. Read more »











